Earnings quality
Compare earnings and operating cash flow for earnings quality.
Bandai Namco Holdings Inc.
Ticker 7832 · 🇯🇵 Japan · Consolidated IFRS · amounts in yen
Filed 2026-06-16 · Period end 2026-03-31
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 14.1%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin14.1%
Equity ratio—
Last price—
Trailing P/E—
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
株式会社バンダイナムコホールディングス is a Japanese listed company. Its reportable segments include Digital Business, Toys And Hobby Business, Amusement Business, Total Of.
- Digital Business
- Toys And Hobby Business
- Amusement Business
- Total Of
- Operating Segments Not Included In
- Visual And Music Business
- Description Of
- Explanation Of Measurements Of Sales Profit Loss Asset Liability And Other Items For Each
Segments Digital Business · Toys And Hobby Business · Amusement Business · Total Of · Operating Segments Not Included In · Visual And Music Business
Compare trends
No phone/email found in this filing · Filing date 2026-06-16
Financial statements
Income statement
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Revenue | ¥1.2T | ¥1.3T |
| Cost of sales* | ¥746.3B | ¥817.1B |
| Gross profit | ¥495.2B | ¥531.2B |
| Operating profit (loss) | ¥180.2B | ¥189.5B |
| Finance income | — | — |
| Finance costs | — | — |
| Income tax expense | ¥54.8B | ¥56.8B |
| Profit (loss) | ¥129.4B | ¥140.9B |
| Profit (loss) attributable to owners | ¥129.3B | ¥140.7B |
| Basic EPS (¥) | — | — |
Balance sheet
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Cash and cash equivalents | ¥361.0B | ¥412.4B |
| Current assets | ¥704.9B | ¥780.9B |
| Non-current assets | ¥397.7B | ¥409.6B |
| Total assets | ¥1.1T | ¥1.2T |
| Short-term borrowings | — | — |
| Current liabilities | ¥278.6B | ¥293.3B |
| Non-current liabilities* | ¥30.8B | ¥35.8B |
| Total liabilities | ¥309.4B | ¥329.1B |
| Equity attributable to owners | — | — |
| Total equity | — | — |
Cash flow statement
| Account | FY2025 (ended Mar 31, 2025) | FY2026 (ended Mar 31, 2026) |
|---|---|---|
| Cash flows from operating activities | ¥187.3B | ¥164.7B |
| Cash flows from investing activities | — | — |
| Cash flows from financing activities | -¥77.3B | -¥83.0B |
| Net increase (decrease) in cash | ¥49.7B | ¥51.5B |
| Cash at end of period | ¥361.0B | ¥412.4B |
Five-year trends
Key metrics
| Metric | Trend | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | ¥889.3B | ¥990.1B | ¥1.1T | ¥1.2T | ¥1.3T | |
| Operating profit | ¥133.6B | ¥128.0B | ¥104.2B | ¥186.5B | ¥201.9B | |
| Profit to owners | — | — | — | ¥129.3B | ¥140.7B | |
| Total assets | ¥862.6B | ¥926.4B | ¥971.8B | ¥1.1T | ¥1.2T | |
| Cash & equivalents | — | — | ¥311.3B | ¥361.0B | ¥412.4B | |
| Owners’ equity | ¥584.2B | ¥652.1B | ¥699.8B | ¥793.2B | ¥861.4B |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from ¥1.2T to ¥1.3T (▲ +8.6%), so the top line did not break. Gross profit only slipped from ¥495.2B to ¥531.2B, while operating profit swung from ¥180.2B to ¥189.5B — the damage is concentrated below gross profit.
Cash tells a different story than earnings. Operating cash flow was still ¥164.7B (prior ¥187.3B), and cash on the balance sheet rose to ¥412.4B from ¥361.0B. When profits collapse but operating cash stays positive, read the notes for impairments and other non-cash charges before assuming the business stopped generating cash.
Goodwill on the balance sheet fell from ¥10.4B to ¥7.6B, consistent with heavy write-downs of past acquisitions’ carrying values.
The balance sheet got heavier on leverage. Total liabilities rose to ¥329.1B while owners’ equity fell to —. ROE moved from 17.3% to 17.0%, and the equity ratio from 71.9% to 72.3%. Employee count is 11,457 vs 11,345 a year earlier.
Liquidity & leverage
Short-term borrowing levels look more stable year over year.
Capital buffer
Capital structure held relatively steady.
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Source: EDINET S100YBXE
(株式会社バンダイナムコホールディングス), period end 2026-03-31.