DeNA Co Ltd (OTCPK:DNACF)
$ 9.42 0 (0%) Market Cap: 1.09 Bil Enterprise Value: 899.23 Mil PE Ratio: 0 PB Ratio: 0.78 GF Score: 73/100

Full Year 2020 DeNA Co Ltd Earnings Call Transcript

May 14, 2020 / 07:00AM GMT
Release Date Price: $12.74
Isao Moriyasu
DeNA Co., Ltd. - President, CEO, Head of the Game & Entertainment and Representative Director

I would now like to start the DeNA Fiscal Year 2019 Operating Results Briefing.

First, I'd like to discuss the financial results summary. Revenue was JPY 121.4 billion, which is 2% down from last fiscal year. We recognized a major impairment loss in Q3, and this had a major impact on our full year IFRS operating line, resulting in a loss for the fiscal year of JPY 45.7 billion. For non-GAAP, we had an operating loss as well amounting to JPY 1 billion.

Next is the financial results summary by segment. For the Game Business, we had a slight increase in full year revenue on a year-on-year basis. So revenue was up, but we had a decrease in operating profit for this business year-on-year. If we look at Q4 alone, the Game Business showed solid performance with revenue and operating profit increasing, both on a quarter-over-quarter basis and year-on-year basis. For the Sports Business, we had been expecting strong performance for the full fiscal year with increasing revenue and

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