Home Japan DeNA Reports Third Quarter, Fiscal Year 2018 Financial Results

DeNA Reports Third Quarter, Fiscal Year 2018 Financial Results

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
•Investment in new businesses is proceeding according to plan
•MOV (formerly TaxiBell) launched in the Tokyo area and has seen good performance for taxi dispatches and repeat usage in existing service areas, and plan to roll out service to Kyoto, Osaka, and Kobe areas in the spring
•Launched Japanese version of Tencent’s Arena of Valor
Recent Developments and Strategic Initiatives
•DeNA & NetEase Games are planning to partner for the Japanese launch in spring 2019 of NetEase’s Forever Seven Days
•SHUEISHA and DeNA have agreed to establish a joint venture to pursue joint business in the field of entertainment, and plan to draw on the strengths of both companies to jointly develop IP games and new digital entertainment services for both Japan and the world
•Reached an agreement to partner with MetLife Insurance on services and as our first initiative, we plan to support the maintenance and improvement of health and wellness, and to plan, develop, and provide health promotion insurance
•Agreed to sell DeNA’s shares in Paygent Co., Ltd. to NTT Data Corporation
Revised Guidance for the Fiscal Year Ending March 31, 2019 (Announced February 5, 2019)
•Operating profit: 8.7 billion yen
•Revenue: 125.8 billion yen
•Operating profit: 13.6 billion yen
•Profit for the period attributable to owners of the parent: 10.5 billion yen
•DeNA forecasts a year-end regular dividend payment of 20 yen per share plus a one time special dividend of 20 yen per share to mark the occasion of our 20th anniversary, making for a total dividend of 40 yen per share, with an estimated dividend payout ratio of 55.3%


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