Bandai Namco Holdings Inc.
Consolidated Financial Report for the Fiscal Year Ended
March 31, 2024

May 9, 2024

DISCLAIMER- Bandai Namco Holdings Inc. provides this translation for your reference and convenience only and without any
warranty as to its accuracy or otherwise. In the event of any discrepancy, the original “Kessan Tanshin” inJapanese shall prevail.
- This document contains forward-looking statements that are based on managementʼs estimates, assumptions
and projections at the time of publication. A number of factors could cause actual results to differ materially fromexpectations.

Bandai Namco Holdings Inc.
Stock Listing: Tokyo Stock Exchange
Code Number: 7832
(URL: https://www.bandainamco.co.jp/)
May 9, 2024

Consolidated Financial Report for the Fiscal Year Ended March 31, 2024 (Japanese GAAP)
Masaru Kawaguchi, President and Representative Director
Representative:
Contact:
Yuji Asako, Director
Date of Ordinary General Meeting of Shareholders:June 24, 2024
Scheduled starting date for dividend payments:
June 25, 2024
Scheduled filing date of the annual security report:
June 24, 2024
The Financial Highlights of the Financial Results:
Yes
The information session of the Financial Results:
Yes (for institutional investors and analysts)* Figures are in millions of yen, rounded down
1. Consolidated Results for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)(1) Consolidated Operating Results

Fiscal Year Ended
March 31, 2024
Fiscal Year Ended
March 31, 2023

Net sales¥ million
1,050,210
990,089%
6.1(Percentages indicate year-on-year changes.)
Operating profit
Ordinary profit¥ million%¥ million%
90,682(22.1)
104,164(18.6)

11.3

116,472

Profit attributable toowners of parent¥ million%
101,493
12.3

(7.2)

Basic earnings per share

128,006(4.2)

Diluted earnings per
share¥
Fiscal Year Ended
153.85
March 31, 2024
Fiscal Year Ended
90,345(2.6)
136.88March 31, 2023
(Note) Comprehensive income: 110,456 million yen [(4.8)%] (FY2024.3), 116,064 million yen [20.5%] (FY2023.3)
ROE(Profit attributable toowners of parent / Net
assets)%15.0

ROA(Ordinary profit /Total assets)¥––

Operating margin(Operating profit /Net sales)%%
Fiscal Year Ended
11.0
8.6
March 31, 2024
Fiscal Year Ended
14.6
14.3
11.8
March 31, 2023
(Reference) Gain or loss from application of equity method: 2,121 million yen (FY2024.3), 2,323 million yen (FY2023.3)(Note) The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. Basicearnings per share were calculated assuming that the share split was conducted at the beginning of the previous fiscalyear.

(2) Consolidated Financial Position
Total assets

Net assets

Net assets
per share

Equity ratio¥ million¥ million%¥
As of March 31, 2024
971,838
699,82372.0
1,069.29
As of March 31, 2023
926,358
652,13370.4
987.58(Reference) Equity: 699,517 million yen (as of March 31, 2024), 651,851 million yen (as of March 31, 2023)(Note) The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. Net assets
per share were calculated assuming that the share split was conducted at the beginning of the previous fiscal year.
(3) Consolidated Statements of Cash Flows
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities¥ million
88,906¥ million
10,136¥ million(75,237)

Cash and cash
equivalents at endof period¥ million
311,264

95,625(40,878)(59,524)

276,288

Fiscal Year Ended
March 31, 2024
Fiscal Year Ended
March 31, 2023
2. Cash Dividends

Fiscal Year Ended
March 31, 2023
Fiscal Year Ended
March 31, 2024

End offirstquarter¥––

Annual cash dividends
End of
End ofFiscalsecondthird
yearquarter quarter
end
¥
¥
¥
27.00
–
179.00
10.00

–

50.00

Total

¥
206.0060.00

Payout ratio
Total
Dividend /dividend (Consolidated) Net assets
payment(Consolidated)(Full year)¥ million%%
45,33750.2
7.3
39,32339.0

5.8

Fiscal Year Ending
–
11.00
–
11.00
22.00
–
March 31, 2025
(Projections)(Notes) 1. Concerning the projected amounts of the end of second quarter and year-end cash dividends for the fiscal year
ending March 31, 2025, the base dividend is stated based on the Companyʼs basic policy on the distribution of profits.
The year-end cash dividend for the fiscal year ending March 31, 2025, will be considered by the Company based on
the basic policy on the distribution of profits.
2. The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. The
actual amount of dividends before the aforementioned share split is stated for the fiscal year ended March 31, 2023.
3. The Company conducted a purchase of treasury shares during the fourth quarter of the fiscal year ended March 31,
2024, in accordance with its basic policy on the distribution of profits. The total return ratio for the fiscal year ended
March 31, 2024, including dividends and the purchase of treasury shares, is 55.7%.
3. Consolidated Projections for the Fiscal Year Ending March 31, 2025 (April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Net sales
Operating
Ordinary
Profit attributable Basic earnings
profitprofitto owners
per shareof parent¥ million% ¥ million% ¥ million% ¥ million%¥
Six Months Ending
515,000
2.6
55,000 (16.0)
57,500 (22.2)
40,000 (23.3)
61.14
September 30, 2024
Full Fiscal Year
1,080,000
2.8 115,000
26.8
119,000
14.2
81,000 (20.2)
123.82

* Notes(1) Changes in Significant Subsidiaries during the Period(Changes in Specified Subsidiaries Resulting in the Change in Scope of Consolidation): No(2) Changes in Accounting Policies, Changes in Accounting Estimation and Restatementa) Changes in accounting policies due to revisions to accounting standards and other regulations: Nob) Changes in accounting policies due to other reasons: Noc) Changes in accounting estimation: Nod) Restatement: No(3) Number of Issued Shares (Common Shares)a) Total number of issued shares at the end of the period (including treasury shares)
666,000,000 shares
As of March 31, 2024
666,000,000 shares
As of March 31, 2023
b) Number of treasury shares at the end of the period
As of March 31, 2024
11,813,756 shares
5,949,648 shares
As of March 31, 2023
c) Average number of shares during the period
For the Fiscal Year Ended March 31, 2024
659,682,874 shares
660,013,710 shares
For the Fiscal Year Ended March 31, 2023
(Note) The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. Total number
of issued shares at the end of the period, number of treasury shares at the end of the period, and average number of shares
during the period have been calculated assuming that the share split was conducted at the beginning of the previous fiscal
year.
(Reference) Non-consolidated Information
1. Non-consolidated Results for the Fiscal Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)(1) Non-consolidated Operating Results

Fiscal Year Ended
March 31, 2024
Fiscal Year Ended
March 31, 2023

Operating revenue¥ million%
57,84540.2
41,260

Profit(9.6)(Percentages indicate year-on-year changes.)
Operating profit
Ordinary profit¥ million%¥ million%
46,97949.1
47,52745.1
31,506(14.7)

Basic earnings per share

32,752(13.1)

Diluted earnings pershare¥ million%¥¥
Fiscal Year Ended
77,102138.6
116.84–
March 31, 2024
Fiscal Year Ended
32,315(12.7)
48.95–
March 31, 2023
(Note) The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. Basicearnings per share were calculated assuming that the share split was conducted at the beginning of the previous fiscal
year.
(2) Non-consolidated Financial Position
Total assets

Net assets

Equity ratio

Net assets
per share¥ million¥ million%¥
As of March 31, 2024
550,637
370,83167.3
566.69As of March 31, 2023
539,691
369,51168.5
559.65(Reference) Equity: 370,831 million yen (as of March 31, 2024), 369,511 million yen (as of March 31, 2023)(Note) The Company conducted a share split at a ratio of three shares for every one common share on April 1, 2023. Net assets
per share were calculated assuming that the share split was conducted at the beginning of the previous fiscal year.

2. Non-consolidated Projections for the Fiscal Year Ending March 31, 2025 (April 1, 2024 to March 31, 2025)(Percentages indicate year-on-year changes.)
Operating revenue
Ordinary profit
ProfitBasic earnings
per share¥ million% ¥ million% ¥ million%¥
Full Fiscal Year75,00029.7
64,00034.7
64,000(17.0)
97.80* Consolidated Financial Reports are not required to be audited by certified public accountants or an audit firm.
* Explanation on appropriate use of the projections of business results, etc.
- Forward-Looking Statements:
This document contains forward-looking statements that are based on managementʼs estimates, assumptions and projections at thetime of publication and those forward-looking statements do not purport to be a promise by the Company to achieve such results. A
number of factors could cause actual results to differ materially from expectations. Please refer to the section of “(4) Future Outlook”
of “1. Overview of Operating Results and Others” on page 4 of the attached material for matters pertaining to the earnings projections.
- To Obtain Financial Highlights:
The Financial Highlights will be posted on the Company’s website on May 9, 2024.

Attached Material
Index
1. Overview of Operating Results and Others ........................................................................ 2(1) Overview of Operating Results for the Period (April 1, 2023 to March 31, 2024) ............................................................. 2(2) Overview of Financial Position for the Period .................................................................................................................. 3(3) Overview of Cash Flows for the Period ............................................................................................................................. 3(4) Future Outlook................................................................................................................................................................... 4(5) Basic Policy on the Distribution of Profits and Dividends for the Current and Next Fiscal Year ..................................... 7

2. Basic Concept Regarding Selection of Accounting Standards ............................................... 7
3. Consolidated Financial Statements and Significant Notes ................................................... 8(1) Consolidated Balance Sheets ............................................................................................................................................ 8(2) Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income ........................... 10(Consolidated Statements of Operations) ...................................................................................................................... 10(Consolidated Statements of Comprehensive Income).................................................................................................. 11(3) Consolidated Statements of Changes in Equity.............................................................................................................. 12(4) Consolidated Statements of Cash Flows ........................................................................................................................ 15(5) Notes to Consolidated Financial Statements ................................................................................................................. 17(Notes on Premise of Going Concern) ............................................................................................................................. 17(Segment Information) .................................................................................................................................................... 17(Per-Share Data) ............................................................................................................................................................... 22(Significant Subsequent Events) ..................................................................................................................................... 22

4. Other ........................................................................................................................... 23
Changes in Directors and Audit & Supervisory Board Members .......................................................................................... 23- 1 -1. Overview of Operating Results and Others(1) Overview of Operating Results for the Period (April 1, 2023 to March 31, 2024)
During the fiscal year ended March 31, 2024, while restrictions on activities due to COVID-19 were increasingly relaxedand socioeconomic activities were revitalized, the future of the economic environment around the world remained
uncertain due to changes in the social situation, rising raw materials and fuel prices, and the impact of foreign exchange
rate fluctuations.
Under such circumstances, from April 2022, with the introduction of our Purpose, “Fun for All into the Future,” as theultimate definition of the Group and the introduction of a new logo, the Bandai Namco Group began a new three-year
Mid-term Plan. In the Mid-term Plan, in order to achieve the aims of the Bandai Namco Group for the medium to longterm based on our Purpose, “Fun for All into the Future,” we have established a Mid-term Vision of “Connect with Fans”
that aims to constantly meet the needs of global IP fans, a wide range of business partners, Group employees, andcommunities around the world and to foster broad, deep, and multifaceted connections. As priority strategies, we arepromoting our IP axis strategy, personnel strategy, and sustainability. By propelling the priority strategies, we will takeadvantage of the worldview and unique characteristics of IP (Intellectual Property: meaning characters and otherintellectual property) to further evolve the IP axis strategy that aims to maximize IP value through the provision of the
optimal products and services at the optimal times. We will also strengthen the global development of the IP axis
strategy and enhance our sense of unity and collective strength under the ALL BANDAI NAMCO concept in order toachieve continuous growth.
In the fiscal year ended March 31, 2024, with the IP axis strategy at the core, the Group strengthened initiatives unified
under the ALL BANDAI NAMCO concept through collaboration across regions and businesses. In Group-wide business,
the Toys and Hobby Business contributed to performance, as products for the mature fan base (adults), card products,
capsule toys, and other products became popular. In the Digital Business, differences in the product mix in home console
games affected performance, and in addition to valuation losses related to a new title for online games, etc., a loss on
disposal was recorded due to changes in the composition of titles with a view to the next Mid-term Plan.
In addition, in the fourth quarter of the fiscal year ended March 31, 2024, we recorded a gain on sales of investment
securities (extraordinary gain) resulting from the sale of a portion of our cross-shareholdings. Furthermore, the Company
purchased treasury shares for the purpose of improving capital efficiency through the effective use of assets held andimplementing a flexible capital policy, including a return to shareholders, in response to changes in the businessenvironment.
Consequently, the Group’s consolidated operating results for the fiscal year ended March 31, 2024 were net sales of
1,050,210 million yen (year-on-year increase of 6.1%), operating profit of 90,682 million yen (year-on-year decrease of
22.1%), ordinary profit of 104,164 million yen (year-on-year decrease of 18.6%), and profit attributable to owners ofparent of 101,493 million yen (year-on-year increase of 12.3%).
Operating results by segment are as follows.
Digital Business
As for the Digital Business, in network content, while major app titles such as the DRAGON BALL series and ONE PIECE
continued to show stable performance around the world due to ongoing measures for users, a new online game title fell
far short of the plan. In home console games, new worldwide titles such as ARMORED CORE VI FIRES OF RUBICON and
TEKKEN 8 were popular. In overall home console games, the difference in the existing title product mix from the previous
fiscal year, when repeat sales of ELDEN RING made a significant contribution, had an impact on the results.
In the Digital Business, in addition to valuation losses related to a new online game title introduced this fiscal year
and other titles, a loss on disposal was recorded due to changes in the composition of titles with a view to the next Midterm Plan. Moving forward, we will build a well-balanced and optimal title portfolio, strengthen the development system,
and reinforce the development of titles to meet the expectations of our fans with an emphasis on quality.
As a result, net sales in the Digital Business were 372,667 million yen (year-on-year decrease of 3.4%), and segment
profit was 6,257 million yen (year-on-year decrease of 87.3%).
Toys and Hobby Business
As for the Toys and Hobby Business, while impacted by rising prices for raw materials and fuel, the business
continued to perform well due to efforts to expand product lineups in favorable categories, advance global businessdevelopment, strengthen production operations, and expand touch points through real events and stores. Specifically,
products for the mature fan base such as model kits of the Gundam series, collectible figures, and character lotteriescontinued to perform favorably mainly due to the successful outcomes produced by sales, marketing, and expansion of- 2 -the product lineup. In addition, card products such as the ONE PIECE trading card game, capsule toys, confectionery
products, and food products contributed to business performance due to the expansion of product lineups, target
groups, and regions of operation, as well as the strengthening of touch points with customers.
As a result, net sales in the Toys and Hobby Business were 509,880 million yen (year-on-year increase of 13.9%), andsegment profit was 78,655 million yen (year-on-year increase of 32.1%).
IP Production Business
As for the IP Production Business, in video production, we created and produced several new products, including TV
animations and theatrical productions. In the Gundam series, Mobile Suit Gundam the Witch from Mercury attracted a new
fan base and led to strong sales of the Group’s products and services. In addition, the theatrical production Mobile Suit
Gundam SEED FREEDOM was supported by a wide range of fans and achieved the highest box-office results ever recorded
by a Gundam series theatrical release. In addition, the performance of activities such as licensing businesses and video
streaming related to video works, such as the Gundam series, the LoveLive! series, IDOLiSH7, That Time I Got Reincarnatedas a Slime, and BLUELOCK, was stable. Furthermore, live events and Gundam Factory Yokohama, which captured
inbound demand, performed well. The overall business was affected by differences in the lineup of packaged products
from the previous fiscal year and higher production costs.
As a result, net sales in the IP Production Business were 82,468 million yen (year-on-year increase of 0.9%), andsegment profit was 10,048 million yen (year-on-year decrease of 5.6%).
Amusement Business
As for the Amusement Business, net sales for existing amusement facilities in Japan increased to 103.0% year on year.
In addition, the development of stores unique to Bandai Namco based on collaboration with the Group’s products andservices, such as Bandai Namco Cross Stores and GASHAPON Department Stores, performed well. In arcade games, salesof the new “Mobile Suit Gundam Extreme Vs. 2 Overboost” and update kits for popular series were strong. In addition,
we continued our efforts to improve efficiency in consideration of changes in the external environment, such as risingfuel prices.
As a result, net sales in the Amusement Business were 119,667 million yen (year-on-year increase of 14.4%), andsegment profit was 6,843 million yen (year-on-year increase of 13.3%).
Other Businesses
Other Businesses consist of companies that conduct businesses such as logistics support and other kinds ofadministration and operational support for each of the Group companies. We have been making efforts to manage suchoperations related to Group support in an efficient manner.
Net sales in the Other Businesses were 32,358 million yen (year-on-year increase of 3.3%), and segment profit was
988 million yen (year-on-year decrease of 15.2%).
(2) Overview of Financial Position for the Period
At the end of the fiscal year ended March 31, 2024, total assets stood at 971,838 million yen, an increase of 45,480
million yen from the end of the previous fiscal year. The main factors were increases of 41,641 million yen in cash anddeposits and 19,182 million yen in notes and accounts receivable - trade, and contract assets, despite a decrease of
24,578 million yen in investment securities.
Total liabilities amounted to 272,014 million yen, a decrease of 2,209 million yen from the end of the previous fiscal
year. The main factor was a decrease of 2,830 million yen in income taxes payable.
Total net assets stood at 699,823 million yen, an increase of 47,689 million yen from the end of the previous fiscal
year. The main factors were increases of 55,494 million yen in retained earnings and 18,587 million yen in foreign
currency translation adjustment, despite a decrease of 17,191 million yen due to purchase of treasury shares.
As a result, the equity ratio became 72.0% compared with 70.4% at the end of the previous fiscal year.
(3) Overview of Cash Flows for the Period
As of the end of the fiscal year, cash and cash equivalents (“funds”) remaining on hand increased by 34,975 million
yen from the end of the previous fiscal year to 311,264 million yen. Below is the breakdown of cash flows by activities.
(Cash Flows from Operating Activities)
The amount of funds provided by operating activities totaled 88,906 million yen (year-on-year decrease of 7.0%). Asa breakdown of funds used, income taxes paid were 44,132 million yen (compared with 49,464 million yen in the previous- 3 -fiscal year). However, overall, there was a net increase in funds due to profit before income taxes of 146,640 million yen(compared with 126,215 million yen in the previous fiscal year).
(Cash Flows from Investing Activities)
The amount of funds provided by investing activities totaled 10,136 million yen (compared with 40,878 million yen
used in the previous fiscal year). As a breakdown of funds used, purchases of property, plant and equipment andintangible assets were 34,909 million yen (compared with 33,808 million yen in the previous fiscal year). However, overall,there was a net increase in funds due to proceeds from sale of investment securities of 53,641 million yen (comparedwith 2 million yen in the previous fiscal year).
(Cash Flows from Financing Activities)
The amount of funds used in financing activities totaled 75,237 million yen (year-on-year increase of 26.4%). The
main breakdown of funds used were dividends paid of 45,998 million yen (compared with 47,310 million yen in theprevious fiscal year) and purchase of treasury shares of 17,240 million yen (compared with 4 million yen in the previous
fiscal year).
(Reference) Cash Flow Indices
FY2020.3
72.5

FY2021.3
69.7

FY2022.3
67.7

FY2023.3
70.4

FY2024.3
72.0

Equity ratio (market capitalizationbasis) (%)

185.8

236.6

236.9

203.0

190.4

Cash flows to interest bearing debt
ratio (years)

0.1

0.5

0.2

0.2

0.2

345.8

296.0

321.0

279.9

276.7

Equity ratio (%)

Interest coverage ratio (times)

Equity ratio: Total shareholders’ equity/Total assets
Equity ratio (market capitalization basis): Market capitalization/Total assets
Cash flows to interest bearing debt ratio: Interest-bearing debt/Cash flow
Interest coverage ratio: Cash flow/Interest expenses
Note 1: All calculations are performed using consolidated financial figures.
Note 2: Market capitalization is calculated on the basis of the number of issued shares excluding treasury shares.
Note 3: Operating cash flow is used for cash flow.
Note 4: Interest-bearing debt covers all debt reported in the consolidated balance sheets for which interest is paid.
(4) Future Outlook
Looking ahead, the Group expects uncertainty to continue in various regions around the world. We also expect thechanges in the environment surrounding us such as the market as well as customer lifestyles and preferences to become
even more intense.
Under these circumstances, adapting to escalating competitiveness in global markets and diversification in lifestyles
and preferences of customers, in line with our IP axis strategy, the Bandai Namco Group will enhance sense of unity andcollective strength under the ALL BANDAI NAMCO concept, while utilizing the characteristics of each business. From April
2022, with the introduction of our Purpose, “Fun for All into the Future,” as the ultimate definition of the Group and theintroduction of the new logo, to maintain continuous growth over medium to long term for the aims under our Purpose,
the three-year Mid-term Plan has started.
1) Formulation of Bandai Namcoʼs Purpose, “Fun for All into the Future,” and introduction of the new logo
From April 2022, we have established our new Purpose, “Fun for All into the Future,” as the ultimate definition of theGroup, conveying the reason for our existence, why we conduct our businesses and corporate activities, and themeaningfulness we derive from working at Bandai Namco Group. What we believe to be particularly important elements
in our Purpose are the ideas of “Connecting and working together to create things” and we will achieve “Fun for All into
the Future” by Bandai Namco Group and our fans connecting through dreams, fun and inspiration. Furthermore, theGroup CEOʼs desire to promote “Fun for All into the Future” is expressed in the phrase, “Creating a world of smiles andhappiness together,” and we will spread this message together with Bandai Namcoʼs Purpose.

- 4 -<Bandai Namcoʼs Purpose>

From April 2022, we have introduced a new logo that expresses the spirit of our Purpose. All companies with “Bandai
Namco” in their names will use this logo, and companies with and without “Bandai Namco” in their names will display
this new Group logo on all their products and services, in principle. This will enable us to bring together the value of all
our products, services, and labels under one logo, make the Groupʼs sense of unity and its total capabilities appeal
strongly, and elevate the brand value of the Bandai Namco Group in the global market.
<New logo>

2) Our aims driven by our Purpose “Fun for All into the Future”
In accordance with the Purpose, the Bandai Namco Group aims to connect with IP fans, a wide range of business
partners, Group employees, and communities around the world. We will strive to connect more broadly with new fansand more deeply with current fans. In addition, we will aim to foster multifaceted connections among current fans andnew fans as well as communities of fans. In fostering connections with and among various fans, our highest priority willbe the quality of the connections. Under the Mid-term Plan, we will advance a variety of strategies and initiatives focusing
on broad, deep, and multifaceted connections with fans and on the quality of those connections.
3) Mid-term Vision

In order to achieve the aims of the Bandai Namco Group based on our Purpose, “Fun for All into the Future,” under
the Mid-term Plan, we will strive to constantly meet the needs of global IP fans, a wide range of business partners, Group
employees, and communities around the world and to foster broad, deep, and multifaceted connections.
4) Main strategies and investment plan
IP axis strategy
The IP axis strategy, which is the Bandai Namco Groupʼs strength, is the core of the Mid-term Plan. We will aim forsustainable growth by implementing new initiatives to foster broad, deep, and multifaceted connections with fansaround the world; by accelerating evolution in the IP axis strategy; and by working to build businesses as we work
together under the ALL BANDAI NAMCO concept in regions around the world.
· IP x Fans (connecting with fans through IP): New framework for connecting with fans
Based on the IP axis, Bandai Namco will develop an IP Metaverse as a new framework for connecting with fans.
In this IP Metaverse, we are anticipating virtual spaces that will enable customers to enjoy a wide range ofentertainment surrounding IP, as well as frameworks that leverage Bandai Namcoʼs distinctive strengths to fusephysical products and venues with digital elements. We are aiming for open frameworks that provide venues forconnections with and among fans and business partners. Through the IP Metaverse, we will establish
- 5 -

·

·

·

communities among Bandai Namco and fans, as well as among fans themselves. Through these communities andcontent, we will build broad, deep, multifaceted connections that continue for long periods of time, and we will
focus on the quality of those connections. In this way, we will work to maximize IP value over the medium to longterm.
IP x Value (enhancing IP value): Accelerating evolution in the IP axis strategy
We will leverage outlets for a wide range of products and services as well as our strengths in facilitating
collaboration among physical and digital elements, and we will redefine the optimal IP axis strategy for IP fans
and for IP itself. In these ways, we will aim to accelerate evolution in the IP axis strategy.
IP x World (connecting the world through IP): Building businesses under the ALL BANDAI NAMCO concept
To work together and advance our strategies under the ALL BANDAI NAMCO concept in regions worldwide, wehave implemented such initiatives as organizational restructuring and base consolidation around the world.
Under this ALL BANDAI NAMCO concept, we work to build businesses in each region.
Investment plan for accelerating evolution in the IP axis strategy
Over the three years of the Mid-term Plan, we will implement a total of 40.0 billion yen in strategic investment
to accelerate evolution in the IP axis strategy.
Strategic investment to maximize IP value: 25.0 billion yen
Investment to develop the IP Metaverse:
15.0 billion yen

Personnel strategy: Developing diverse human resources
In accordance with our Purpose, “Fun for All into the Future,” the Group strives to be a corporate group with “SameSpirit, Diverse Talents,” where diverse people with different skills, individual characteristics and values can thrive. We
will further focus on recruiting and promoting individuals regardless of whether they are new graduates or mid-careerhires and regardless of gender, age, nationality, race, religion, sexual orientation, or other personal characteristics. In
addition, we will focus on developing various systems and environments that enable a diverse array of people tothrive and work in a way that is both physically and mentally healthy. Under the Mid-term Plan, we will promote
initiatives such as those that support challenges taken on by employees and that develop human resources who
promote the IP axis strategy on a global scale, while at the same time promoting measures for new and diverse ways
to work. In addition, we will actively promote collaboration and cooperation with people outside the Company.
Sustainability: Connecting to smiles into the future
Under the “Purpose, ʻFun for All into the Future,ʼ” and “Bandai Namco Group Sustainability Policy,” the Group has
identified five themes that particularly require focused efforts as material issues. We are promoting various specificaction plans linked to our businesses, such as initiatives to eliminate petroleum-derived plastics and the collection
and recycling of model kits runners and empty capsules. Furthermore, in order to address the problems related to
the natural environment that society is faced with, we have set targets for the reduction of carbon dioxide emissions
from the use of energy as well as steps to achieve them and strive to advance our efforts for decarbonization.
<Bandai Namco Groupʼs Sustainability Policy>
Based on the IP axis strategy, the Bandai Namco Group will work together with fans to advance sustainability
activities that focus on the social issues that the Group should address.
<Material Issues that we have identified>· Harmonious coexistence with the natural environment· Provision of appropriate products and services· Appropriate utilization and protection of intellectual property· Establishment of work environments that facilitate mutual respect·

Harmonious coexistence with communities

In addition, on November 1, 2023, the Bandai Namco Group Human Rights Policy was established, which clearlystipulates the Bandai Namco Groupʼs policy regarding respect for human rights. Going forward, we will fulfill our
responsibility to respect the human rights of all stakeholders involved in the Groupʼs business activities by aiming tocontinue to create a brighter future with people around the world through entertainment that awakens our humanity
and connects us with others, with society, and with the world, as represented by Bandai Namcoʼs Purpose “Fun for
All into the Future.”- 6 -5) System for promotion of the Mid-term Plan
・ Strengthening the governance system of Bandai Namco Holdings
The Company transitioned to a company with an audit and supervisory committee in June 2022, in order tostrengthen its corporate governance system and further enhance corporate value through speedy decision-making
and business execution.
・ Partial changes of the Unit structure
From April 2022, we restructured the IP Production Unit and also integrated the Visual and Music Business andthe Creation Business into the IP Production Business. In the IP Production Unit, Bandai Namco Filmworks Inc. willserve as a business management company upon having combined three companies that engage in the visualbusiness within the IP Production Unit, namely SUNRISE INC., the visual business of Bandai Namco Arts Inc., andBandai Namco Rights Marketing Inc.
6) Numerical targets in the Mid-term Plan
・ Fiscal year ending March 31, 2025: Numerical targets
Consolidated net sales:
1,100.0 billion yen
Consolidated operating profit:
125.0 billion yen
ROE:
12% or more
* The numerical targets (consolidated net sales and consolidated operating profit) for the fiscal year ending
March 31, 2025 have been revised as shown in the consolidated projections for the fiscal year ending March
31, 2025 in this report.
In the future, the Bandai Namco Group aims to constantly meet the needs of global IP fans, a wide range of business
partners, Group employees, and communities around the world and to foster broad, deep, multifaceted connection, andeach business around the world will further work as one under the ALL BANDAI NAMCO concept on the priority strategies,
consisting of the IP axis strategy, Personnel strategy, and Sustainability, under the Mid-term Plan.
(5) Basic Policy on the Distribution of Profits and Dividends for the Current and Next Fiscal Year
The Company ranks the return of profits to shareholders as one of its highest priorities in its management. The
Company aims to further strengthen the Group’s competitiveness and, while maintaining a sound financial status, toachieve regular distributions of dividends and improvement in the Company’s corporate value. Specifically, theCompany follows a basic policy of providing a return to shareholders that targets a total return ratio of 50% or more
based on stable dividend payments of 2% of DOE (dividends on equity). Under this policy, the Company strives tomaintain long-term and stable dividends and be more aware of capital cost.
For the year-end dividend of the fiscal year ended March 31, 2024, based on this basic policy, a performance-based
dividend of 40 yen will be added to a base dividend of 10 yen, for a total of 50 yen per share. Since the Company paid aninterim dividend of 10 yen per share on December 8, 2023, the annual cash dividend will be 60 yen per share. Furthermore,in the fourth quarter of the fiscal year ended March 31, 2024, the Company purchased treasury shares in order to improve
capital efficiency through the effective use of assets held and to implement a flexible capital policy, including a return toshareholders, in response to changes in the business environment. The total number of purchased treasury shares was
6,000,000 shares for a total purchase price of 17,237 million yen, resulting in a total return ratio of 55.7% when taking
into account dividends and this purchase of treasury shares. As described in “Notice Regarding Cancellation of Treasury
Shares” announced today (May 9, 2024), the Company plans to cancel 6,000,000 shares on May 21, 2024, which is thesame number as the number of purchased treasury shares above.
The Company’s annual dividend forecast for the fiscal year ending March 31, 2025 is 22 yen per share, which is thebase dividend set in accordance with the Company’s basic policy on the distribution of profits. The year-end cash
dividend for the fiscal year ending March 31, 2025 will be considered by the Company based on the basic policy on the
distribution of profits.

2. Basic Concept Regarding Selection of Accounting Standards

The Group plans to continue using Japanese GAAP to prepare its consolidated financial statements for the time being,as they facilitate comparison with previous consolidated financial statements and with other companies.
The Group’s policy on applying International Financial Reporting Standards is to take action as appropriate basedon considerations of various conditions in Japan and overseas.
- 7 -3. Consolidated Financial Statements and Significant Notes(1) Consolidated Balance Sheets(¥ million)
Prior Fiscal Year(As of March 31, 2023)

Current Fiscal Year(As of March 31, 2024)

AssetsCurrent assets
Cash and deposits

280,226

321,868

Notes and accounts receivable - trade, and contract assets

99,007

118,190

Merchandise and finished goods

41,32440,170Work in process

104,835

92,665

Raw materials and supplies

6,063

7,761

Other

62,266

63,042

Allowance for doubtful accounts(1,086)(1,075)

Total current assets

592,637

642,62244,72447,640

Accumulated depreciation(25,549)(27,231)

Buildings and structures, net

19,174

20,408Non-current assets
Property, plant and equipment
Buildings and structures

Amusement facilities and machines

59,443

65,103(50,944)(50,925)

8,499

14,177

Land

46,476

46,702Right-of-use assets

Accumulated depreciation
Amusement facilities and machines, net

13,967

18,165

Accumulated depreciation(4,800)(8,185)Right-of-use assets, net

9,167

9,979

158,272

175,148(134,132)(147,780)

24,14027,367

107,458

118,636

Goodwill

14,561

11,608

Other

21,622

20,568

Total intangible assets

36,18332,176

Investment securities

140,706

116,127

Deferred tax assets

27,572

33,976596

6,123

21,86022,920

(656)

(744)

190,078

178,403333,720329,215926,358

971,838

Other
Accumulated depreciation
Other, net
Total property, plant and equipment
Intangible assets

Investments and other assets

Retirement benefit asset
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets- 8 -(¥ million)
Prior Fiscal Year(As of March 31, 2023)

Current Fiscal Year(As of March 31, 2024)

Liabilities
Current liabilities
Notes and accounts payable - trade99,24499,254

Income taxes payable

26,022

23,192Contract liabilities

22,567

27,728Provision for bonuses for directors (and other officers)

2,119

1,315

Other provisions

1,958

1,780

Other

95,40990,848

Total current liabilities

247,323

244,119

118

–

3,710

4,925

199

199

Non-current liabilities
Other provisions
Retirement benefit liability
Deferred tax liabilities for land revaluation
Other

22,872

22,770Total non-current liabilities

26,901

27,895274,224

272,014

Share capital

10,00010,000Total liabilities
Net assets
Shareholdersʼ equity
Capital surplus

52,89753,321Retained earnings

523,923

579,417

Treasury shares(2,102)(19,293)

Total shareholdersʼ equity

584,718

623,445

62,67149,262

(656)

1,022

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land

(4,016)(4,016)

Foreign currency translation adjustment

11,04929,637

Remeasurements of defined benefit plans(1,915)

166

Total accumulated other comprehensive income

67,132

76,071282

306

652,133

699,823926,358

971,838

Non-controlling interests
Total net assets
Total liabilities and net assets- 9 -(2) Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income(Consolidated Statements of Operations)(¥ million)
Prior Fiscal Year
(From April 1, 2022
to March 31, 2023)

Current Fiscal Year
(From April 1, 2023
to March 31, 2024)

Net sales

990,089

1,050,210

Cost of sales

621,433

679,251

Gross profit

368,656

370,959

Selling, general and administrative expenses

252,183

280,277

Operating profit

116,472

90,682Non-operating income
Interest income

1,178

2,689

Dividend income

1,460

1,630

Share of profit of entities accounted for using equity
method

2,323

2,121

Foreign exchange gains

5,010

6,417

Other

2,122

1,641

Total non-operating income

12,095

14,501

332

310

Loss on valuation of derivatives–

184

Non-deductible consumption tax

2

114

Loss on investments in deferred compensation plan

144

282

Other

82

128

Non-operating expenses
Interest expenses

Total non-operating expenses

561

1,018

128,006

104,164

045,517

Subsidies for employment adjustment and other related to
COVID-19

132

–

Other

663

847

Total extraordinary income

796

46,365

Ordinary profit
Extraordinary income
Gain on sale of investment securities

Extraordinary losses
Impairment losses

1,251

1,674

Loss on valuation of investment securities

553

751

Loss on retirement of non-current assets

506

476

Provision for loss on land remediation

–

550

Other

276

436

Total extraordinary losses

2,587

3,889

Profit before income taxes

126,215

146,640

Income taxes - current

42,66946,682

Income taxes - deferred(6,799)(1,556)

Total income taxes

35,87045,125

Profit90,345

101,515

Profit attributable to non-controlling interests
Profit attributable to owners of parent- 10 -

021

90,345

101,493

(Consolidated Statements of Comprehensive Income)(¥ million)
Prior Fiscal Year
(From April 1, 2022
to March 31, 2023)
ProfitCurrent Fiscal Year
(From April 1, 2023
to March 31, 2024)

90,345

101,515

Valuation difference on available-for-sale securities

17,688(13,606)

Deferred gains or losses on hedges(1,554)

1,676

Foreign currency translation adjustment

9,164

18,590Remeasurements of defined benefit plans, net of tax

478

2,081

Share of other comprehensive income of entities
accounted for using equity method

(57)

199

Other comprehensive income

Total other comprehensive income

25,7198,941

116,064

110,456

Comprehensive income attributable to owners of parent

116,063

110,432

Comprehensive income attributable to non-controllinginterests

023Comprehensive income
Comprehensive income attributable to- 11 -

(3) Consolidated Statements of Changes in Equity
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)(¥ million)
Shareholdersʼ equity
Share capital
Balance at beginning of period

Capital surplus

10,00052,574Retained earnings
482,147

Total shareholdersʼ
equityTreasury shares(2,140)542,581

Changes during period
Dividends of surplus(47,310)(47,310)

Profit attributable to owners ofparent90,34590,345

Change in scope of
consolidation(1,258)(1,258)Change in scope of
consolidation - foreign currencytranslation adjustment–

Purchase of treasury shares
Disposal of treasury shares

323

Change in treasury sharesarising from change in equity inentities accounted for using
equity method

(4)

(4)

42

365

0

0

Net changes in items other thanshareholdersʼ equity
Total changes during period
Balance at end of period–

323

41,77538

42,136

10,00052,897523,923(2,102)584,718- 12 -

Accumulated other comprehensive income
Total

Valuationdifference on

Deferred gains oravailable-for-sale losses on hedges
securities

Balance at beginning of period

45,037

Revaluation

Foreign currency Remeasurements

accumulated

reserve fortranslationof defined benefit

other

land

adjustment

planscomprehensive

Non-controllinginterests

Total net assets

income901(4,016)

1,886(2,394)

41,413

237

584,233

Changes during period
Dividends of surplus(47,310)

Profit attributable to owners ofparent90,345

Change in scope of
consolidation

44

Change in scope of
consolidation - foreign currencytranslation adjustment

223

223

(1,214)223

Purchase of treasury shares(4)

Disposal of treasury shares

365

Change in treasury sharesarising from change in equity inentities accounted for using
equity method0

Net changes in items other thanshareholdersʼ equity

17,634(1,557)

–

8,940

478

25,495025,495

Total changes during period

17,634(1,557)

–

9,163

478

25,71844

67,900

Balance at end of period

62,671(656)(4,016)

11,049(1,915)

67,132

282

652,133- 13 -

Current Fiscal Year (From April 1, 2023 to March 31, 2024)(¥ million)
Shareholdersʼ equity
Share capital
Balance at beginning of period

Capital surplus

10,000Retained earnings

52,897

Total shareholdersʼ
equityTreasury shares

523,923(2,102)584,718

Changes during period
Dividends of surplus(45,998)(45,998)

Profit attributable to owners ofparent101,493

101,493

Purchase of treasury shares
Disposal of treasury shares(17,240)(17,240)

48

472

0

0

423

Change in treasury sharesarising from change in equity inentities accounted for using
equity method
Net changes in items other thanshareholdersʼ equity
Total changes during period
Balance at end of period–

423

55,494(17,191)

38,726

10,00053,321

579,417(19,293)623,445

Accumulated other comprehensive income
Total

Valuationdifference on

Deferred gains oravailable-for-sale losses on hedges
securities

Balance at beginning of period

62,671

Revaluation

Foreign currency Remeasurements

accumulated

reserve fortranslationof defined benefit

other

land

adjustment

planscomprehensive

Non-controllinginterests

Total net assets

income(656)(4,016)

11,049(1,915)

67,132

282

652,133

Changes during period
Dividends of surplus(45,998)

Profit attributable to owners ofparent101,493

Purchase of treasury shares(17,240)

Disposal of treasury shares

472

Change in treasury sharesarising from change in equity inentities accounted for using
equity method0

Net changes in items other thanshareholdersʼ equity(13,409)

1,678

Total changes during period(13,409)

1,678

Balance at end of period

49,262

1,022–

18,587

2,081–

18,587

2,081

8,939

23

47,689(4,016)

29,637

166

76,071

306

699,823- 14 -

8,939

23

8,963

(4) Consolidated Statements of Cash Flows(¥ million)
Prior Fiscal Year
(From April 1, 2022
to March 31, 2023)

Current Fiscal Year
(From April 1, 2023
to March 31, 2024)

Cash flows from operating activities
Profit before income taxes

126,215

146,640

Depreciation

28,67138,364

Impairment losses

1,251

1,674

Amortization of goodwill

2,431

2,676

Increase (decrease) in allowance for doubtful accounts(1,169)(86)

Increase (decrease) in provision for bonuses for directors(and other officers)

(71)

(817)

Increase (decrease) in other provisions

263

(314)

Increase (decrease) in retirement benefit liability

138

230

(2,639)(4,320)Interest expenses

332

310

Foreign exchange losses (gains)

(21)

637

(2,323)(2,121)

Loss (gain) on valuation of derivatives

(309)

184

Loss on retirement of non-current assets

506

476

Loss on retirement of amusement facilities and machines

228

106

Loss (gain) on sale of investment securities(0)(45,517)

Loss (gain) on valuation of investment securities

553

751

Loss on investments in deferred compensation plan

144

282

Decrease (increase) in trade receivables

28,484(15,360)

Decrease (increase) in inventories(26,107)

15,369Acquisition of amusement facilities and machines(5,180)(8,537)

Increase (decrease) in trade payables(1,595)(1,880)Interest and dividend income

Share of loss (profit) of entities accounted for using equity
methodIncrease (decrease) in contract liabilities

(894)

4,361

Decrease (increase) in other current assets(1,769)(1,911)

Increase (decrease) in other current liabilities(2,013)

1,320

Other

(2,273)(3,955)

Subtotal

142,852

128,562

2,579

4,290

Interest and dividends received
Interest paid
Income taxes refund (paid)
Proceeds from compensation
Net cash provided by (used in) operating activities- 15 -

(341)

(321)

(49,464)(44,132)–

508

95,62588,906(¥ million)
Prior Fiscal Year
(From April 1, 2022
to March 31, 2023)

Current Fiscal Year
(From April 1, 2023
to March 31, 2024)

Cash flows from investing activities
Payments into time deposits(2,824)(9,480)

Proceeds from withdrawal of time deposits

438

3,504

Purchase of property, plant and equipment(25,376)(24,699)

Proceeds from sale of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sale of investment securities
Purchase of shares of subsidiaries and associates

99

86(8,431)(10,210)

(513)

(716)

2

53,641(551)(1,797)Purchase of shares of subsidiaries resulting in change inscope of consolidation(2,019)–Payments for sale of shares of subsidiaries resulting inchange in scope of consolidation

(114)

–

Other

(1,587)(191)

Net cash provided by (used in) investing activities(40,878)

10,136

Cash flows from financing activities
Net increase (decrease) in short-term borrowings

(179)

157

Proceeds from long-term borrowings

180–

Repayments of long-term borrowings(10,382)(10,206)

Purchase of treasury shares(4)(17,240)

Proceeds from disposal of treasury shares00(47,310)(45,998)

9–

Dividends paid
Proceeds from share issuance to non-controllingshareholders
Other(1,837)(1,949)Net cash provided by (used in) financing activities(59,524)(75,237)

Effect of exchange rate change on cash and cash equivalents

3,174

11,170Net increase (decrease) in cash and cash equivalents(1,602)

34,975

Cash and cash equivalents at beginning of period

277,891

276,288

Cash and cash equivalents at end of period

276,288311,264- 16 -

(5) Notes to Consolidated Financial Statements(Notes on Premise of Going Concern)
Not applicable.
(Segment Information)a. Segment Information
1. Overview of reportable segments
The reportable segments of the Company are components of the Group whose separate financial information isavailable and which are periodically evaluated by the Board of Directors in deciding how to allocate
management resources and in assessing the performance.
The Group is made up of (1) three Units, one for each business domain, namely the Entertainment Unit (Digital
Business, Toys and Hobby Business), the IP Production Unit, and the Amusement Unit, and (2) the affiliatedbusiness companies that mainly serve a supporting role for these Units. The business management company ofeach business leads the planning and promotion of the business strategies of the business for Japan andoverseas.
Accordingly, the Group has the following four reportable segments: Digital Business, Toys and Hobby Business,
IP Production Business, and Amusement Business.
The Digital Business conducts planning, development and distribution of network content, and planning,development and sales of home console games. The Toys and Hobby Business conducts planning, development,
production and sales of toys, capsule toys, cards, confectionery and foods, apparel, sundries, model kits, prizes,
stationery, and other products. The IP Production Business conducts planning, production and management ofvisual and music content such as animations, management and administration of copyrights and other rights,
artist discovery and development, and live entertainment operations. The Amusement Business conducts
planning, development, production, sales and after-service for amusement machines, and planning andoperation of amusement facilities including theme parks and indoor playgrounds.
2. Method for calculating the amounts of net sales, profit/loss, assets, liabilities and others by reportablesegment
The accounting method used for the business segments reported is the same as the accounting method statedin “Important Information Constituting the Basis for Preparation of Consolidated Financial Statements”
presented in the most recent annual security report (filed on June 19, 2023).
The profit of reportable segments is measured by operating profit.
The inter-segment transactions are based on prevailing market prices.

- 17 -

3. Information regarding the amounts of net sales, profit/loss, assets, liabilities and others by reportablesegment
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)(¥ million)
Reportable segments
Other(Note 1)

Total

Adjustments(Note 2)

Consolidated
Total(Note 3)

DigitalBusiness

Toys and IP Produc- AmuseHobby
tion
ment
Business Business Business

Subtotal

To external customers

381,146

432,705

66,300103,172

983,324

6,764

990,089–

990,089

Inter-segment sales
and transfers

4,535

14,786

15,448

1,429

36,19924,54860,748(60,748)–

Total

385,681

447,491

81,748104,6021,019,524

31,313

1,050,837(60,748)

990,089

Segment profit

49,33959,538

10,645

6,038

125,561

1,165

126,726(10,254)

116,472

Segment assets

263,030

217,095

82,49364,775627,395

27,835655,231

271,127

926,358

Depreciation

4,640

16,562

1,220

3,652

26,074772

26,846

1,825

28,671

Amortization of
goodwill

168

396

1,866

–

2,431

–

2,431

–

2,431

Impairment losses

–

58

3

1,188

1,251

–

1,251

–

1,251

Investment in entities
accounted for using
equity method

–

3,008

–

–

3,008

10,25013,259–13,259

Increase in property,
plant and equipment
and intangible assets

7,570

27,000

1,992

7,210

43,773741

44,514

1,223

45,737

Net sales

Others

Notes: 1.

The “Other” category is a business segment not included in reportable segments under which operations suchas logistics services for each of the Group companies are classified.

2.

The details of adjustment amounts are as follows:(1)

Included in the 10,254 million yen deducted from segment profit as adjustment are an addition of
872 million yen in inter-segment eliminations, and a deduction of 11,126 million yen in corporate
expenses that cannot be allocated to any reportable segment. The corporate expenses are mainly
costs related to the administration division that has not been attributed to a reportable segment.

(2)

Included in the 271,127 million yen added to segment assets as adjustment are a deduction of 32,587
million yen in inter-segment eliminations, and an addition of 303,714 million yen in corporate assetsthat cannot be allocated to any reportable segment. The corporate assets are mainly cash anddeposits, investment securities, and assets, etc., related to the administration division that has notbeen attributed to a reportable segment.

(3)

Included in the 1,825 million yen added to depreciation as adjustment are a deduction of 35 million
yen in inter-segment eliminations, and an addition of 1,860 million yen in depreciation related to theadministration division that has not been attributed to a reportable segment.

(4)

Included in the 1,223 million yen added to increase in property, plant and equipment and intangible
assets as adjustment is the amount of corporate assets that cannot be allocated to any reportablesegment.

3.

Segment profit is adjusted with operating profit in the consolidated statements of operations.

- 18 -

Current Fiscal Year (From April 1, 2023 to March 31, 2024)(¥ million)
Reportable segments
Other(Note 1)

Total

Adjustments(Note 2)

Consolidated
Total(Note 3)

DigitalBusiness

Toys and IP Produc- AmuseHobby
tion
ment
Business Business Business

Subtotal

To external customers

366,110491,204

68,407

118,636

1,044,357

5,853

1,050,210–

1,050,210

Inter-segment sales
and transfers

6,557

18,676

14,061

1,031

40,32526,50566,830(66,830)–

Total

372,667

509,880

82,468

119,667

1,084,683

32,358

1,117,041(66,830)

1,050,210

Segment profit

6,257

78,655

10,048

6,843

101,805

988

102,793(12,111)

90,682

Segment assets

258,161

235,523

69,61472,606

635,906

27,323

663,230

308,608

971,838

Depreciation

9,290

20,214

1,135

5,556

36,197797

36,994

1,370

38,364

Amortization of
goodwill

344

472

1,859

–

2,676

–

2,676

–

2,676

Impairment losses

Net sales

Others

1,446

25

10

192

1,674

–

1,674

–

1,674

Investment in entities
accounted for using
equity method

–

4,380

–

–

4,380

10,66815,048–15,048

Increase in property,
plant and equipment
and intangible assets

7,227

27,685839

11,22846,981

554

47,535

1,580

49,116

Notes: 1.

The “Other” category is a business segment not included in reportable segments under which operations suchas logistics services for each of the Group companies are classified.

2.

The details of adjustment amounts are as follows:(1)

Included in the 12,111 million yen deducted from segment profit as adjustment are an addition of
313 million yen in inter-segment eliminations, and a deduction of 12,425 million yen in corporate
expenses that cannot be allocated to any reportable segment. The corporate expenses are mainly
costs related to the administration division that has not been attributed to a reportable segment.

(2)

Included in the 308,608 million yen added to segment assets as adjustment are a deduction of 35,485
million yen in inter-segment eliminations, and an addition of 344,093 million yen in corporate assetsthat cannot be allocated to any reportable segment. The corporate assets are mainly cash anddeposits, investment securities, and assets, etc., related to the administration division that has notbeen attributed to a reportable segment.

(3)

Included in the 1,370 million yen added to depreciation as adjustment are a deduction of 30 million
yen in inter-segment eliminations, and an addition of 1,400 million yen in depreciation related to theadministration division that has not been attributed to a reportable segment.

(4)

Included in the 1,580 million yen added to increase in property, plant and equipment and intangible
assets as adjustment is the amount of corporate assets that cannot be allocated to any reportablesegment.

3.

Segment profit is adjusted with operating profit in the consolidated statements of operations.

- 19 -

b. Related Information
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)
1. Information by product and service
This information is omitted because the same information has been presented in Segment Information.
2. Information by region(1) Net sales(¥ million)
Japan

Americas577,998

Europe172,517

Asia

117,526

Total
122,047

990,089

Note: Net sales are classified by country and region based on customer location.
(2) Property, plant and equipment(¥ million)
Japan

Americas85,557

Europe
5,021

Asia

Total

8,377

8,500

107,458

3. Information by major customer(¥ million)
Name of customer

Net sales

Apple Inc.

113,099

Names of related segments
Digital Business and Toys and Hobby BusinessNote: Apple Inc. is a platform-provision company. The actual results of sales to this company are usage fees,
etc. for users (ordinary users) of game services provided by the Group.
Current Fiscal Year (From April 1, 2023 to March 31, 2024)
1.

Information by product and service
This information is omitted because the same information has been presented in Segment Information.

2. Information by region(1) Net sales(¥ million)
Japan

Americas624,539

Europe165,678

Asia

129,017

Total
130,975

1,050,210

Note: Net sales are classified by country and region based on customer location.
(2) Property, plant and equipment(¥ million)
Japan

Americas94,006

Europe5,094

Asia
10,430- 20 -

Total
9,104

118,636

3. Information by major customer(¥ million)
Name of customer

Net sales

Apple Inc.

Names of related segments
Digital Business, Toys and Hobby Business, and IP Production
Business

108,143

Note: Apple Inc. is a platform-provision company. The actual results of sales to this company are usage fees,
etc. for users (ordinary users) of game services provided by the Group.

c. Information Regarding Impairment Losses of Non-current Assets by Reportable Segment
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)
This information is omitted because the same information has been presented in Segment Information.
Current Fiscal Year (From April 1, 2023 to March 31, 2024)
This information is omitted because the same information has been presented in Segment Information.

d. Information Regarding Amortized Amounts and Unamortized Balance of Goodwill by Reportable Segment
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)(¥ million)
DigitalBusiness

Toys and
Hobby
Business

IP
Production
Business

Amortized
amount

168

396

1,866

–

–

–

2,431

Unamortizedbalance

1,565

767

12,227–––

14,561

Amusement
Business

Eliminations andCorporate

Other

Total

Current Fiscal Year (From April 1, 2023 to March 31, 2024)(¥ million)
DigitalBusiness

Toys and
Hobby
Business

IP
Production
Business

Amortized
amount

344

472

1,859

–

–

–

2,676

Unamortizedbalance931

308

10,368–––

11,608

Amusement
Business

Eliminations andCorporate

Other

e. Information Regarding Gain on Negative Goodwill by Reportable Segment
Prior Fiscal Year (From April 1, 2022 to March 31, 2023)
Not applicable.
Current Fiscal Year (From April 1, 2023 to March 31, 2024)
Not applicable.
- 21 -

Total

(Per-Share Data)

Net assets per share

Prior Fiscal Year
(From April 1, 2022 to March 31, 2023)
987.58 yen

Basic earnings per share

Notes: 1.
2.

Current Fiscal Year
(From April 1, 2023 to March 31, 2024)
1,069.29 yen

136.88 yen

153.85 yen

Diluted earnings per share is not presented since no potential shares exist.
The Company conducted a share split with a ratio of three shares for every one share of common share on
April 1, 2023. Net assets per share and basic earnings per share were calculated assuming that the share split
was conducted at the beginning of the previous financial year.

3.

The basis of calculating basic earnings per share is as follows:
Prior Fiscal Year
(From April 1, 2022 to March 31, 2023)

Current Fiscal Year
(From April 1, 2023 to March 31, 2024)

Basic earnings per share
Profit attributable to owners of parent(¥ million)

90,345

101,493––

90,345

101,493660,013,710

659,682,874

Amount not applicable to commonshareholders (¥ million)
Profit attributable to owners of parent
available to common share (¥ million)
Average number of common shareoutstanding (shares)(Significant Subsequent Events)(Cancellation of treasury shares)
At the Board of Directors meeting held on May 9, 2024, the Company approved a resolution to cancel treasury
shares as described below pursuant to the provisions of Article 178 of the Companies Act.
1. Class of shares to be cancelled

Common shares of the Company

2. Number of shares to be cancelled

6,000,000 shares (0.9% of total number of issued shares
before cancellation)

3. Total number of issued shares after cancellation

660,000,000 shares

4. Scheduled date of cancellation

May 21, 2024

- 22 -

4. Other

Changes in Directors and Audit & Supervisory Board Members
1) Change in Representative
Not applicable.
2) Other Changes in Directors and Audit & Supervisory Board Members
New candidates for Director
Director, Audit & Supervisory Committee Member
Takashi Kaneko (current position: Executive Officer)
Retiring Director
Director, Audit & Supervisory Committee Member
Masataka Nagaike3) Scheduled Date of Assuming Office and Retirement
June 24, 2024
4) Responsible Area of Directors (Effective June 24, 2024)
Masaru Kawaguchi

President and Representative Director, Group CEO

Yuji Asako

Director, CFO, CISO, and CSO (Chief Sustainability Officer) in charge of Corporate Planning
Division and Group Administrative Headquarters

Nobuhiko Momoi

Director and General Manager of Group Business Strategy Department

Nao Udagawa

Director (Part-time) in charge of Digital Business of Entertainment Unit

Kazuhiro Takenaka

Director (Part-time) in charge of Toys and Hobby Business of Entertainment Unit

Makoto Asanuma

Director (Part-time) in charge of IP Production Unit

Hiroshi Kawasaki

Director (Part-time) in charge of Amusement Unit

Shuji Ohtsu

Director (Part-time) and CIO in charge of Bandai Namco Business Arc Inc.

Toshio Shimada

Director (Part-time and Outside)

Koichi Kawana

Director (Part-time and Outside)

Takashi Kaneko

Director, Audit & Supervisory Committee Member

Toru Shinoda

Director, Audit & Supervisory Committee Member (Outside)

Satoko Kuwabara

Director, Audit & Supervisory Committee Member (Part-time and Outside)

Takayuki Komiya

Director, Audit & Supervisory Committee Member (Part-time and Outside)- 23 -