TOKYO, Nov. 7, 2014 (GLOBE NEWSWIRE) -- DeNA Co., Ltd. (Tokyo:2432), a global leader in mobile Internet services, today announced its financial results for the quarter ended September 30, 2014. DeNA reported quarterly revenue of 36.0 billion yen and operating profit of 8.0 billion yen.
"Our quarterly financial results exceeded our guidance with both revenue and operating profit increasing quarter-over-quarter," said Isao Moriyasu, President and CEO of DeNA. "Our game business is gaining momentum in Japan and internationally with the launch of new native app hits. We will focus on maximizing the potential of our existing hits and also creating additional hit titles in the coming quarters. In the last quarter, we successfully launched our genetic testing service and also acquired two curation platform operators, making significant progress on our strategy to bring innovation to traditional industries. Our world-class team will continue to delight our users and deliver on our long-term goals."
Second Quarter FY2014 Business Highlights
- Coin consumption for DeNA's Japan game business was 36.5 billion yen, exceeding guidance due to successful live operation of browser-based games
- International coin consumption was sequentially flat, approaching 40 million USD
- Key titles launched during the quarter include Final Fantasy Record Keeper in Japan, Transformers: Rising in Greater China and Godus in the West
- Digital magazine app Manga Box reached six million downloads in September
- Acquired two curation platforms in Japan, Iemo (housing/interior design) and Mery (women's fashion) in September
- Launched direct-to-consumer genetic testing service Mycode, in Japan, in August
Recent Developments and Strategic Initiatives
- Final Fantasy Record Keeper has surpassed 3 million downloads in Japan, generating more than 1 billion yen per month
- Second half FY2014 portfolio includes DeNA-original as well as premium IP titles worldwide
Financial Summary
| (Billion yen) | |||||
| Item |
Q2 FY2014 |
Q2 FY2013 |
YoY Change |
Q1 FY2014 |
QoQ Change |
| Revenue | 36.0 | 47.6 | -24% | 35.8 | 1% |
| Operating profit | 8.0 | 15.1 | -47% | 7.0 | 15% |
| Profit before tax | 9.1 | 15.2 | -40% | 6.7 | 36% |
|
Profit for the period attributable to owners of the parent |
5.5 | 8.9 | -38% | 3.8 | 45% |
Guidance for Third Quarter FY2014
- Revenue: 34.8 billion yen
- Operating profit: 5.6 billion yen
- Profit for the period attributable to owners of the parent: 2.7 billion yen
Guidance for Nine Months Ending December 31, 2014
- Revenue: 106.6 billion yen
- Operating profit: 20.6 billion yen
- Profit for the period attributable to owners of the parent: 12.0 billion yen
Related Materials
Earnings presentation slides and consolidated financial statements are available at: dena.com/intl/investors
About DeNA
DeNA (pronounced "D-N-A") is a global Internet company that develops and operates a broad range of mobile and online services including games, e-commerce and other diversified offerings. Founded in 1999, DeNA is headquartered in Tokyo with offices and game development studios across the globe. 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 7, 2014. 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 7, 2014, 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.