TOKYO, Nov. 04, 2016 (GLOBE NEWSWIRE) -- DeNA Co., Ltd. (Tokyo:2432) today announced its IFRS and non-GAAP financial results for the quarter ended September 30, 2016. DeNA reported quarterly IFRS revenue of 38.2 billion yen, IFRS operating profit of 7.9 billion yen and non-GAAP operating profit excluding the seasonal sports business of 5.7 billion yen.
“We saw quarter-on-quarter growth in our IFRS operating profit for the second quarter,” said Isao Moriyasu, President and CEO of DeNA. “As we announced in the previous quarter, we expect to achieve a year-on-year profit increase for fiscal year 2016 through growth in the curation platform business and increased contribution from many of our other businesses. Factoring in the upcoming titles from our alliance with Nintendo, we expect an even larger increase in profit growth."
Second Quarter FY2016 Highlights
Revenue from the curation platform business approached 1.5 billion yen
Sports business saw a 57% year-on-year increase in revenue at 6.3 billion yen
Recent Developments and Strategic Initiatives
DeNA Shopping and au Shopping Mall to be sold to KDDI in December 2016
Announced decision to dissolve West subsidiaries to change strategy towards collaborations with external partners
Three Nintendo alliance titles are scheduled to be launched during the remainder of fiscal year 2016
Financial Summary (In billion yen)
Three Months Ended
Sep. 30, 2016
Jun. 30, 2016
Sep. 30, 2015
QoQ
YoY
Revenue (IFRS)
38.2
38.3
37.1
(0
%)
3
%
Operating profit
IFRS
7.9
7.4
7.4
7
%
7
%
Non-GAAP
7.9
7.8
6.1
1
%
28
%
Non-GAAP excl. Sports
5.7
6.0
5.1
(5
%)
11
%
Profit before tax (IFRS)
8.1
7.0
7.5
15
%
8
%
Profit for the period attributable to owners of the parent (IFRS)
6.1
5.2
4.7
17
%
28
%
Guidance for Quarter Ending December 31, 2016
Non-GAAP
Operating profit excluding sports: 6.0 billion yen
IFRS
Revenue: 32.4 billion yen
Operating profit: 7.1 billion yen
Profit for the period attributable to owners of the parent: 4.2 billion yen
About DeNA DeNA (pronounced “D-N-A”) develops and operates a broad range of mobile and online services including games, e-commerce, entertainment, healthcare, automotive and other diversified offerings. Founded in 1999, DeNA is headquartered in Tokyo with over 2,000 employees. DeNA Co., Ltd. is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com
The information and data contained within this press release have been determined based on information available as of November 4, 2016. DeNA disclaims any obligation to update or revise such information and data, whether as a result of new information, future events or otherwise. In addition, any forward-looking statements contained in this press release are based on our opinions and information available as of November 4, 2016, and involve uncertainty. Please be aware that the actual performance data and similar information are subject to influence from diverse factors, and may differ from the forecasts presented herein.