TOKYO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- DeNA Co., Ltd. (Tokyo: 2432) today announced its IFRS and non-GAAP financial results for the quarter ended December 31, 2018. DeNA reported quarterly IFRS revenue of 26.4 billion yen, IFRS operating loss of 2.1 billion yen and non-GAAP operating profit excluding the seasonal sports business of 0.9 billion yen.
“While the Game business underperformed in the third quarter, we are making progress in our new business initiatives,” said Isao Moriyasu, President and CEO of DeNA. “To mark the occasion of DeNA’s 20th anniversary, we expect to pay out a one-time special dividend of 20 yen per share in addition to the regular dividend of 20 yen per share.”
Third Quarter FY2018 Highlights
Recent Developments and Strategic Initiatives
Financial Summary | ||||||
(In billion yen) | ||||||
Three Months Ended | ||||||
Dec. 31, 2018 | Sep. 30, 2018 | Dec. 31, 2017 | QoQ | YoY | ||
Revenue (IFRS) | 26.4 | 34.3 | 32.8 | (23%) | (19%) | |
Operating profit | ||||||
IFRS | (2.1) | 5.6 | 12.6 | - | - | |
Non-GAAP | (1.5) | 5.4 | 2.3 | - | - | |
Non-GAAP excl. Sports | 0.9 | 2.4 | 3.3 | (62%) | (72%) | |
Profit before tax (IFRS) | (2.5) | 6.7 | 13.1 | - | - | |
Profit for the period attributable to owners of the parent (IFRS) | (1.7) | 4.4 | 12.4 | - | - | |
Revised Guidance for the Fiscal Year Ending March 31, 2019 (Announced February 5, 2019)
Non-GAAP
IFRS
IFRS to Non-GAAP Reconciliation | ||||||
(In billion yen) | ||||||
Three Months Ended | ||||||
Dec. 31, 2018 | Sep. 30, 2018 | Dec. 31, 2017 | QoQ | YoY | ||
IFRS | ||||||
Operating profit | (2.1) | 5.6 | 12.6 | - | - | |
Reconciliation | ||||||
Account adjustments related to seasonality & one-time factors | 0.6 | (0.1) | (0.2) | - | - | |
Acquisition and restructuring related, net | 0.0 | 0.0 | 0.5 | - | - | |
Sales and disposition related gain (loss) | - | - | (10.7) | - | - | |
Non-GAAP | ||||||
Operating profit | (1.5) | 5.4 | 2.3 | - | - | |
Operating profit excl. Sports | 0.9 | 2.4 | 3.3 | (62%) | (72%) | |
Related Materials
Earnings presentation slides and related materials are available at:
dena.com/intl/investors/ir-news/
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's aim is to delight and impact the world through the use of the internet and AI. DeNA Co., Ltd. is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com/intl/.
The information and data contained within this press release have been determined based on information available as of February 7, 2019. 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 February 7, 2019, 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.