EarningsQ2 2024 Earnings Report

DeNA Co (D2N) Q2 2024 Earnings Report

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Previous Report: Q1 2024

Next Report: Q3 2024

DE:D2N Q2 2024 EPS Results

Actual EPS>-€0.01

Consensus EPS€0.22

Beat/MissMissed by -€0.22

One Year Ago EPS€0.14

DE:D2N Q2 2024 Revenue Results

Actual Revenue€204.83M

Expected Revenue€208.75M

Beat/MissMissed by -€3.92M

YoY Revenue Growth-6.97%

Earnings Announcement Details

QuarterQ2 2024

Date11/06/2024

TimeBefore Open

Conference CallWednesday, November 6, 2024

DE:D2N Upcoming Earnings

DeNA Co's next earnings date is estimated for November 10, 2026, based on past reporting schedules.

Q2 2024 Earnings Call Audio

DE:D2N Q2 2024 Earnings Call

0:00 / 0:00

Q2 2024 Earnings Slide Deck

Q2 2024 Earnings Call Summary

Q2 2024

Earnings Call Date:Nov 06, 2024|

% Change Since:

Earnings Call Sentiment|Positive

The earnings call reflects a positive outlook with significant revenue growth across multiple segments, a successful recovery in the Sports business, and promising expansion in the Healthcare & Medical areas. The challenges in the mature Game market are noted but are outweighed by numerous achievements and forward-looking strategies.

Company Guidance

In the earnings call for the second quarter of fiscal year 2023, Shingo Okamura provided detailed guidance on the company's performance and strategic direction. The revenue for Q2 reached JPY 39.0 billion, with an IFRS operating profit of JPY 3.1 billion and a non-GAAP operating profit of JPY 2.9 billion, indicating growth both quarter-over-quarter and year-over-year in revenue. The company's Game business saw revenue growth driven by new title launches and existing title seasonality, while the Live Streaming segment, particularly through Pococha Japan and IRIAM, achieved significant user growth and reduced losses. The Sports segment, exemplified by record-breaking attendance at Yokohama DeNA BayStars games, has recovered from COVID-19 impacts. In the Healthcare & Medical segment, strategic expansions and data utilization efforts have led to increased revenue and client acquisition, with the data health business seeing revenue grow from JPY 0.3 billion to JPY 0.84 billion year-over-year. The medical area, particularly through the Join platform, continues to expand regionally and is expected to tap into a market of several hundred billion yen. These initiatives are part of the overarching strategy to strengthen the business portfolio and achieve mid-term growth goals.

Revenue and Operating Profit Increase

Revenue for Q2 was JPY 39.0 billion, with an increase in both revenue and operating profit on a quarter-over-quarter basis.

Game Segment Growth

Revenue grew quarter-over-quarter due to new title launches and existing title seasonality. The company launched several new titles, expanding into various regions including Mainland China and Europe.

Live Streaming Business Expansion

Significant growth in Pococha Japan and IRIAM. The Live Streaming segment is prioritizing revenue growth while aiming for profitability by the end of fiscal year 2023.

Sports Segment Recovery

The Sports business has recovered from COVID-19 impacts, with the Yokohama DeNA BayStars achieving record stadium attendance.

Healthcare & Medical Segment Growth

Steady progress in revenue and profit goals, with a notable increase in data use business revenue from JPY 0.3 billion to JPY 0.84 billion year-over-year.

DE:D2N Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 10, 2026	2026 (Q2)	0.35 / -	0.599	―
Aug 05, 2026	2026 (Q1)	0.37 / 1.88	0.568	231.34% (+1.31)
May 12, 2026	2025 (Q4)	0.14 / 0.12	0.428	-73.01% (-0.31)
Feb 05, 2026	2025 (Q3)	0.22 / -0.31	0.647	-148.62% (-0.96)
Nov 10, 2025	2025 (Q2)	0.36 / 0.60	-0.003	23156.52% (+0.60)
Aug 07, 2025	2025 (Q1)	0.67 / 0.57	0.155	266.93% (+0.41)
May 09, 2025	2024 (Q4)	0.11 / 0.43	0.129	230.83% (+0.30)
Feb 07, 2025	2024 (Q3)	0.10 / 0.65	-1.959	133.01% (+2.61)
Nov 06, 2024	2024 (Q2)	0.22 / >-0.01	0.14	-101.85% (-0.14)
Aug 08, 2024	2024 (Q1)	0.17 / 0.15	0.235	-34.23% (-0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed