Income Statement BANDAI NAMCO Holdings Inc.

Equities

7832

JP3778630008

Toys & Juvenile Products

Market Closed - Japan Exchange Other stock markets 01:30:00 2025-12-05 EST			5-day change	1st Jan Change
4,322.00 ^JPY	-1.95%		-5.57%	+14.37%

11-07	Jefferies Adjusts Bandai Namco Holdings' Price Target to 6,390 Yen From 6,540 Yen, Keeps at Buy	MT
11-06	Bandai Namco Holdings Inc. Announces Cash Dividend for the Second Quarter Ended September 30, 2025, Payable on December 9, 2025	CI

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Published financial data: BANDAI NAMCO HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	741B	889B	990B	1,050B	1,242B
Total Revenues	741B	889B	990B	1,050B	1,242B
Cost of Goods Sold, Total	459B	533B	621B	679B	746B
Gross Profit	282B	356B	369B	371B	495B
Selling General & Admin Expenses, Total	171B	201B	222B	248B	278B
Provision for Bad Debts	95M	775M	3M	-14M	204M
R&D Expenses	26.45B	29.49B	30.36B	32.32B	36.54B
Other Operating Expenses, Total	197B	231B	252B	280B	315B
Operating Income	84.65B	125B	116B	90.68B	180B
Interest Expense, Total	-229M	-377M	-332M	-310M	-391M
Interest And Investment Income	1.54B	1.45B	2.64B	4.32B	4.73B
Net Interest Expenses	1.32B	1.08B	2.31B	4.01B	4.34B
Income (Loss) On Equity Invest.	-	-	2.32B	2.12B	2.7B
Currency Exchange Gains (Loss)	480M	5.52B	5.01B	6.42B	-767M
Other Non Operating Income (Expenses)	1.16B	2.13B	1.89B	1.12B	-32M
EBT, Excl. Unusual Items	87.61B	134B	128B	104B	186B
Gain (Loss) On Sale Of Investments	307M	-	-43M	44.77B	-539M
Gain (Loss) On Sale Of Assets	464M	3.32B	-	-	532M
Asset Writedown	-11.28B	-4.23B	-1.76B	-2.33B	-1.53B
Other Unusual Items	-5.16B	-2.06B	9M	-140M	-816M
EBT, Incl. Unusual Items	71.94B	131B	126B	147B	184B
Income Tax Expense	23.07B	38.3B	35.87B	45.12B	54.76B
Earnings From Continuing Operations	48.87B	92.59B	90.34B	102B	129B
Net Income to Company	48.87B	92.59B	90.34B	102B	129B
Minority Interest	28M	165M	-	-21M	-56M
Net Income - (IS)	48.89B	92.75B	90.34B	101B	129B
Net Income to Common Incl Extra Items	48.89B	92.75B	90.34B	101B	129B
Net Income to Common Excl. Extra Items	48.89B	92.75B	90.34B	101B	129B
Per Share Items
Net EPS - Basic	74.19	140.7	136.88	153.85	197.87
Basic EPS - Continuing Operations	74.19	140.7	136.88	153.85	197.87
Basic Weighted Average Shares Outstanding	659M	659M	660M	660M	653M
Net EPS - Diluted	74.19	140.7	136.88	153.85	197.87
Diluted EPS - Continuing Operations	74.19	140.7	136.88	153.85	197.87
Diluted Weighted Average Shares Outstanding	659M	659M	660M	660M	653M
Normalized Basic EPS	83.13	127.15	121.22	98.83	178.27
Normalized Diluted EPS	83.13	127.15	121.22	98.83	178.27
Dividend Per Share	37.33	70.67	68.67	60	71
Payout Ratio	59.76	27.25	52.37	45.32	30.87
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	112B	153B	148B	132B	223B
EBITA	86.96B	127B	119B	93.36B	183B
EBIT	84.65B	125B	116B	90.68B	180B
Effective Tax Rate - (Ratio)	32.07	29.26	28.42	30.77	29.74
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	54.79B	83.82B	80B	65.2B	116B
Non-Cash Pension Expense	1.15B	2.08B	602M	606M	986M
Supplemental Operating Expense Items
Advertising Expense	45.2B	53.55B	56.8B	64.51B	71.53B
Selling and Marketing Expenses	45.2B	53.55B	56.8B	64.51B	71.53B
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	26.45B	29.49B	30.36B	32.32B	36.54B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	204B	279B	280B	322B	388B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	204B	279B	280B	322B	388B
Accounts Receivable, Total	90.13B	121B	97.92B	117B	123B
Total Receivables	90.13B	121B	97.92B	117B	123B
Inventory	107B	124B	152B	141B	129B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	53.87B	52.82B	62.27B	63.04B	64.64B
Total Current Assets	455B	577B	593B	643B	705B
Gross Property Plant And Equipment	-	-	-	-	-
Accumulated Depreciation	-	-	-	-	-
Net Property Plant And Equipment	88.34B	92.45B	107B	119B	139B
Long-term Investments	140B	133B	163B	144B	208B
Goodwill	17.07B	14.89B	14.56B	11.61B	-
Other Intangibles, Total	15.94B	19.54B	21.62B	20.57B	31.23B
Deferred Tax Assets Long-Term	16.31B	25.73B	27.57B	33.98B	19.67B
Other Long-Term Assets, Total	2M	1M	2M	1M	1M
Total Assets	733B	863B	926B	972B	1,103B
Liabilities
Accounts Payable, Total	82.47B	99.81B	99.24B	99.25B	98.07B
Accrued Expenses, Total	1.65B	2.18B	2.12B	1.32B	2.18B
Short-term Borrowings	-	10.81B	10.77B	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	-	22.89B	26.02B	23.19B	40.72B
Other Current Liabilities	91.8B	108B	109B	120B	138B
Total Current Liabilities	176B	243B	247B	244B	279B
Long-Term Debt	20.23B	10.24B	-	-	-
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	7.21B	5.26B	3.71B	4.92B	6.04B
Deferred Tax Liability Non Current	199M	199M	199M	199M	205M
Other Non Current Liabilities	17.78B	19.36B	22.99B	22.77B	24.56B
Total Liabilities	221B	278B	274B	272B	309B
Common Stock, Total	10B	10B	10B	10B	10B
Additional Paid In Capital	52.23B	52.57B	52.9B	53.32B	43.49B
Retained Earnings	414B	482B	524B	579B	669B
Treasury Stock	-3.9B	-2.14B	-2.1B	-19.29B	-44.21B
Comprehensive Income and Other	37.7B	41.41B	67.13B	76.07B	115B
Total Common Equity	511B	584B	652B	700B	793B
Minority Interest	917M	237M	282M	306M	362M
Total Equity	511B	584B	652B	700B	793B
Total Liabilities And Equity	733B	863B	926B	972B	1,103B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	659M	660M	660M	654M	647M
ECS Total Common Shares Outstanding	659M	660M	660M	654M	647M
Book Value / Share	774.66	884.93	987.28	1.07K	1.23K
Tangible Book Value	478B	550B	616B	667B	762B
Tangible Book Value Per Share	724.56	832.76	932.47	1.02K	1.18K
Total Debt	20.23B	21.05B	10.77B	0	0
Net Debt	-184B	-258B	-269B	-322B	-388B
Debt Equivalent of Unfunded Proj. Benefit Obligation	6.8B	4.74B	3.11B	-1.2B	-5.67B
Minority Interest, Total (Incl. Fin. Div)	917M	237M	282M	306M	362M
Account Code - Inventory Valuation	-	-	-	-	-
Inventories - Raw Materials, Total	4.08B	4.9B	6.06B	7.76B	7.83B
Inventories - Work In Process, Total	73.82B	86.29B	105B	92.66B	77.5B
Inventories - Finished Goods, Total	28.99B	33.05B	41.32B	40.17B	43.38B
Land - (BS)	-	-	-	-	-
Buildings, Total	-	-	-	-	-
Full Time Employees	9.55K	9.89K	10.56K	11.16K	11.34K
Accumulated Allowance for Doubtful Accounts (Supple)	1.64B	2B	1.09B	1.08B	862M
Order Backlog	19.73B	19.26B	21.78B	26.39B	25.79B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	71.94B	131B	126B	147B	184B
Depreciation & Amortization - CF	24.68B	25.73B	28.67B	38.36B	40.22B
Amortization of Goodwill and Intangible Assets - (CF)	2.31B	2.22B	2.43B	2.68B	2.62B
Depreciation & Amortization, Total	26.99B	27.94B	31.1B	41.04B	42.83B
(Gain) Loss From Sale Of Asset	13.06B	788M	1.98B	2.26B	1.26B
(Gain) Loss on Sale of Investments - (CF)	-307M	-91M	43M	-44.77B	539M
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	31M	-	-2.32B	-2.12B	-2.7B
Other Operating Activities, Total	-34.67B	-16.19B	-49.54B	-43.67B	-39.02B
Change In Accounts Receivable	-6.65B	-26.58B	28.48B	-15.36B	-6.31B
Change In Inventories	-29.05B	-15.53B	-26.11B	15.37B	11.83B
Change In Accounts Payable	18.89B	16.18B	-1.6B	-1.88B	-1.44B
Change in Other Net Operating Assets	251M	3.8B	-12.64B	-8.61B	-3.78B
Cash from Operations	60.48B	121B	95.62B	88.91B	187B
Capital Expenditure	-16.03B	-19.23B	-25.38B	-24.7B	-33.55B
Sale of Property, Plant, and Equipment	863M	3.87B	99M	86M	792M
Cash Acquisitions	-272M	-984M	-2.57B	-1.8B	27M
Divestitures	-	49M	-114M	-	260M
Sale (Purchase) of Intangible assets	-7.82B	-7.57B	-8.43B	-10.21B	-8.88B
Investment in Marketable and Equity Securities, Total	-5.94B	-1.83B	-2.9B	46.95B	-19.83B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-668M	-	-	-	-
Other Investing Activities, Total	91M	-1.45B	-1.59B	-193M	-818M
Cash from Investing	-29.77B	-27.14B	-40.88B	10.14B	-62B
Short Term Debt Issued, Total	-	400M	-	157M	-
Long-Term Debt Issued, Total	20.4B	250M	180M	-	100M
Total Debt Issued	20.4B	650M	180M	157M	100M
Short Term Debt Repaid, Total	-500M	-	-179M	-	-162M
Long-Term Debt Repaid, Total	-397M	-223M	-10.38B	-10.21B	-124M
Total Debt Repaid	-897M	-223M	-10.56B	-10.21B	-286M
Issuance of Common Stock	-	1.95B	-	-	-
Repurchase of Common Stock	-9M	-8M	-4M	-17.24B	-35B
Common Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-29.22B	-25.27B	-47.31B	-46B	-39.92B
Common & Preferred Stock Dividends Paid	-29.22B	-25.27B	-47.31B	-46B	-39.92B
Other Financing Activities, Total	-9.31B	-2.54B	-1.83B	-1.95B	-2.24B
Cash from Financing	-19.04B	-25.45B	-59.52B	-75.24B	-77.35B
Foreign Exchange Rate Adjustments	3.36B	5.33B	3.17B	11.17B	1.71B
Miscellaneous Cash Flow Adjustments	-1M	238M	1M	-	-1M
Net Change in Cash	15.03B	74.19B	-1.6B	34.98B	49.7B
Supplemental Items
Cash Interest Paid	204M	377M	341M	321M	396M
Cash Income Tax Paid (Refund)	34.71B	16.18B	49.46B	44.13B	38.03B
Levered Free Cash Flow	32.25B	88.83B	59.28B	61.84B	152B
Unlevered Free Cash Flow	32.39B	89.06B	59.49B	62.03B	152B
Change In Net Working Capital	23.66B	-9.71B	10.6B	777M	-38.76B
Net Debt Issued / Repaid	19.5B	427M	-10.38B	-10.05B	-186M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.82	9.8	8.14	5.97	10.86
Return on Total Capital	10.73	13.76	11.48	8.32	15.09
Return On Equity %	10.12	16.9	14.61	15.02	17.33
Return on Common Equity	10.19	16.95	14.62	15.02	17.33
Margin Analysis
Gross Profit Margin %	38.06	40.06	37.23	35.32	39.89
SG&A Margin	23.05	22.59	22.4	23.61	22.41
EBITDA Margin %	15.07	17.21	14.91	12.54	17.97
EBITA Margin %	11.74	14.32	12.01	8.89	14.73
EBIT Margin %	11.43	14.07	11.76	8.63	14.52
Income From Continuing Operations Margin %	6.6	10.41	9.12	9.67	10.42
Net Income Margin %	6.6	10.43	9.12	9.66	10.41
Net Avail. For Common Margin %	6.6	10.43	9.12	9.66	10.41
Normalized Net Income Margin	7.39	9.43	8.08	6.21	9.38
Levered Free Cash Flow Margin	4.35	9.99	5.99	5.89	12.21
Unlevered Free Cash Flow Margin	4.37	10.02	6.01	5.91	12.23
Asset Turnover
Asset Turnover	1.1	1.11	1.11	1.11	1.2
Fixed Assets Turnover	8	9.84	9.91	9.29	9.63
Receivables Turnover (Average Receivables)	8.59	8.43	9.06	9.77	10.34
Inventory Turnover (Average Inventory)	5	4.61	4.5	4.64	5.54
Short Term Liquidity
Current Ratio	2.59	2.37	2.4	2.63	2.53
Quick Ratio	1.67	1.64	1.53	1.8	1.84
Operating Cash Flow to Current Liabilities	0.34	0.5	0.39	0.36	0.67
Days Sales Outstanding (Average Receivables)	42.49	43.27	40.31	37.47	35.32
Days Outstanding Inventory (Average Inventory)	73.05	79.14	81.19	78.89	65.85
Average Days Payable Outstanding	56.97	60.44	55.94	54.41	49.03
Cash Conversion Cycle (Average Days)	58.56	61.97	65.56	61.95	52.14
Long Term Solvency
Total Debt/Equity	3.96	3.6	1.65	-	-
Total Debt / Total Capital	3.81	3.48	1.62	-	-
LT Debt/Equity	3.96	1.75	-	-	-
Long-Term Debt / Total Capital	3.81	1.69	-	-	-
Total Liabilities / Total Assets	30.21	32.27	29.6	27.99	28.06
EBIT / Interest Expense	369.67	331.9	350.82	292.52	460.95
EBITDA / Interest Expense	487.54	406.03	444.5	424.91	570.5
(EBITDA - Capex) / Interest Expense	417.53	355.02	368.07	345.24	484.68
Total Debt / EBITDA	0.18	0.14	0.07	-	-
Net Debt / EBITDA	-1.65	-1.69	-1.83	-2.44	-1.74
Total Debt / (EBITDA - Capex)	0.21	0.16	0.09	-	-
Net Debt / (EBITDA - Capex)	-1.93	-1.93	-2.21	-3.01	-2.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.34	20.03	11.34	6.07	18.22
Gross Profit, 1 Yr. Growth %	8.07	26.33	3.48	0.62	33.49
EBITDA, 1 Yr. Growth %	8.73	37.1	-3.59	-10.74	69.34
EBITA, 1 Yr. Growth %	9.47	46.44	-6.63	-21.48	95.86
EBIT, 1 Yr. Growth %	7.46	47.81	-6.92	-22.14	98.75
Earnings From Cont. Operations, 1 Yr. Growth %	-15.61	89.47	-2.42	12.36	27.43
Net Income, 1 Yr. Growth %	-15.21	89.7	-2.6	12.34	27.4
Normalized Net Income, 1 Yr. Growth %	10.39	53	-4.56	-18.51	78.67
Diluted EPS Before Extra, 1 Yr. Growth %	-15.17	89.64	-2.71	12.4	28.61
Accounts Receivable, 1 Yr. Growth %	9.43	33.97	-18.9	19.6	5.14
Inventory, 1 Yr. Growth %	39.19	16.24	22.51	-7.64	-8.45
Net Property, Plant and Equip., 1 Yr. Growth %	-8.84	4.65	16.23	10.4	17.27
Total Assets, 1 Yr. Growth %	18.23	17.72	7.39	4.91	13.46
Tangible Book Value, 1 Yr. Growth %	13.19	15.09	12.03	8.39	14.13
Common Equity, 1 Yr. Growth %	13.63	14.39	11.62	7.31	13.34
Cash From Operations, 1 Yr. Growth %	40.23	100.41	-21.11	-7.03	110.71
Capital Expenditures, 1 Yr. Growth %	-5.14	19.94	31.97	-2.67	35.85
Levered Free Cash Flow, 1 Yr. Growth %	66.78	175.46	-33.27	4.32	145.1
Unlevered Free Cash Flow, 1 Yr. Growth %	66.85	174.97	-33.21	4.28	144.73
Dividend Per Share, 1 Yr. Growth %	-15.15	89.29	-2.83	-12.62	18.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	0.58	10.83	15.6	8.67	11.98
Gross Profit, 2 Yr. CAGR %	3.64	16.84	14.34	2.04	15.9
EBITDA, 2 Yr. CAGR %	2.83	22.1	14.97	-7.24	22.94
EBITA, 2 Yr. CAGR %	1.61	26.61	16.93	-14.38	24.01
EBIT, 2 Yr. CAGR %	0.36	26.03	17.3	-14.87	24.39
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.67	26.45	35.97	4.71	19.66
Net Income, 2 Yr. CAGR %	-12.17	26.83	35.93	4.61	19.63
Normalized Net Income, 2 Yr. CAGR %	0.36	29.96	20.84	-11.81	20.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-12.15	26.83	35.83	4.57	20.23
Accounts Receivable, 2 Yr. CAGR %	-1.13	21.08	4.23	-1.51	12.14
Inventory, 2 Yr. CAGR %	28.16	27.2	19.34	6.38	-8.05
Net Property, Plant and Equip., 2 Yr. CAGR %	0.43	-2.33	10.29	13.28	13.79
Total Assets, 2 Yr. CAGR %	9.34	17.97	12.44	6.14	9.1
Tangible Book Value, 2 Yr. CAGR %	6.98	14.14	13.55	10.2	11.22
Common Equity, 2 Yr. CAGR %	9.08	14.01	13	9.44	10.29
Cash From Operations, 2 Yr. CAGR %	-12.95	67.64	25.74	-14.36	39.97
Capital Expenditures, 2 Yr. CAGR %	26.03	6.67	25.81	13.34	14.99
Levered Free Cash Flow, 2 Yr. CAGR %	-30.79	114.34	35.58	-16.56	59.9
Unlevered Free Cash Flow, 2 Yr. CAGR %	-30.65	114.2	35.52	-16.54	59.75
Dividend Per Share, 2 Yr. CAGR %	-12.11	26.73	35.62	-7.86	1.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.99	6.69	11	12.33	11.76
Gross Profit, 3 Yr. CAGR %	5.29	10.71	12.21	9.57	11.6
EBITDA, 3 Yr. CAGR %	4.17	13.18	12.85	5.67	13.37
EBITA, 3 Yr. CAGR %	4.96	14.78	14.39	2.39	12.82
EBIT, 3 Yr. CAGR %	4.11	14.19	13.92	2.32	12.93
Earnings From Cont. Operations, 3 Yr. CAGR %	-3.21	13.92	15.98	27.6	11.79
Net Income, 3 Yr. CAGR %	-3.32	13.53	16.14	27.56	11.71
Normalized Net Income, 3 Yr. CAGR %	5.29	15.51	17.25	5.97	11.59
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.31	13.54	16.1	27.52	12.04
Accounts Receivable, 3 Yr. CAGR %	1.23	9.41	5.94	9.12	0.66
Inventory, 3 Yr. CAGR %	24.28	24.06	25.62	9.57	1.18
Net Property, Plant and Equip., 3 Yr. CAGR %	0.86	1.82	3.51	10.33	14.6
Total Assets, 3 Yr. CAGR %	10.68	12.06	14.33	9.87	8.53
Tangible Book Value, 3 Yr. CAGR %	8.19	9.62	13.43	11.8	11.49
Common Equity, 3 Yr. CAGR %	9.71	10.83	13.21	11.07	10.73
Cash From Operations, 3 Yr. CAGR %	3.13	14.95	30.39	13.7	15.62
Capital Expenditures, 3 Yr. CAGR %	-27.94	23.97	14.51	15.5	20.39
Levered Free Cash Flow, 3 Yr. CAGR %	17.85	9.68	45.27	24.24	19.49
Unlevered Free Cash Flow, 3 Yr. CAGR %	17.98	9.76	45.25	24.18	19.45
Dividend Per Share, 3 Yr. CAGR %	4.55	13.5	15.99	17.13	0.16
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.18	7.48	7.86	7.48	11.39
Gross Profit, 5 Yr. CAGR %	6.84	9.75	8.82	7.16	13.67
EBITDA, 5 Yr. CAGR %	9.43	12.44	8.36	4.52	16.78
EBITA, 5 Yr. CAGR %	11.93	15	9.59	2.08	18.14
EBIT, 5 Yr. CAGR %	11.4	14.87	9.2	1.53	18
Earnings From Cont. Operations, 5 Yr. CAGR %	7.18	15.94	10.89	10.14	17.44
Net Income, 5 Yr. CAGR %	7.17	16	10.8	9.87	17.53
Normalized Net Income, 5 Yr. CAGR %	11.19	16.23	11.26	3.69	18.61
Diluted EPS Before Extra, 5 Yr. CAGR %	7.18	16	10.77	9.86	17.74
Accounts Receivable, 5 Yr. CAGR %	4.62	9.97	2.42	4.9	8.38
Inventory, 5 Yr. CAGR %	18.24	21.62	22.28	16.66	10.88
Net Property, Plant and Equip., 5 Yr. CAGR %	10.47	12.12	4.53	6.26	7.5
Total Assets, 5 Yr. CAGR %	10.33	12.07	11.38	9.66	12.21
Tangible Book Value, 5 Yr. CAGR %	9.21	10.18	10.3	9.85	12.54
Common Equity, 5 Yr. CAGR %	10.02	10.9	11.02	10.27	12.03
Cash From Operations, 5 Yr. CAGR %	0.82	13.58	11.64	2.18	34.14
Capital Expenditures, 5 Yr. CAGR %	3.33	15.26	-9.95	19.6	14.7
Levered Free Cash Flow, 5 Yr. CAGR %	-5.16	10.55	24.64	-1.69	50.96
Unlevered Free Cash Flow, 5 Yr. CAGR %	-5.09	10.6	24.7	-1.63	50.88
Dividend Per Share, 5 Yr. CAGR %	16.59	27.88	16.02	4.42	10.04