Welcome!

Cognitive Computing Authors: Zakia Bouachraoui, Liz McMillan, Elizabeth White, Yeshim Deniz, Pat Romanski

News Feed Item

DeNA Reports Financial Results for Quarter Ended December 31, 2012

DeNA Co., Ltd. (2432.T), the global leader in mobile Internet services, today announced its financial results for the quarter ended Dec. 31, 2012. DeNA reported record-high quarterly revenue of 52.3 billion yen (approximately $567 million*), 52 percent higher than the same quarter last year, and operating profit of 19.9 billion yen ($216 million), 54 percent higher than the same quarter of the previous year. Both total revenue and operating profit for the quarter exceeded the guidance provided by management last quarter.

“We’re encouraged by the continuous growth of the Mobage platform, both in Japan and overseas, which has contributed to our record-high revenue,” said Isao Moriyasu, CEO of DeNA. “DeNA is building strong ecosystems with a balanced portfolio of social games worldwide. Mobage West is now seeing multiple titles ranking high on the top-grossing charts.”

In Japan, during the reported quarter, DeNA achieved record-high consumption of Moba-coin, the virtual currency used on the Mobage social game platform. In December alone, the total consumption reached 20 billion yen worth of Moba-coins, the highest ever in a single month. Quarter-on-quarter increase in Moba-coin consumption was 3.6 billion yen. Notably, both new and existing browser-based titles made a growing contribution to Moba-coin consumption.

DeNA’s overseas business observed significant quarter-on-quarter growth, with Moba-coin consumption approaching $50 million. In December, three Mobage titles – Blood Brothers (first-party), MARVEL: War of Heroes (second-party) and Rage of Bahamut (third-party) dominated the top three spots on U.S. Google Play’s top-grossing chart. Blood Brothers earned the No. 1 ranking on Google Play’s top-grossing chart in 33 countries and regions.

DeNA focused on bolstering alliances, during the reported quarter, and formed a capital and business alliance with Rage of Bahamut developer Cygames. DeNA also expanded its Mobage customer base, launching Mobage for Taiwan, Hong Kong and Macau, and partnering with Taiwan’s Yahoo!Kimo. In Japan, DeNA strengthened its ties with industry leaders Yahoo! JAPAN, to expand the range of the collaboration from PCs to smartphones, and mixi, to share the same game development platform for Mobage and mixi’s smartphone game distribution service.

While the profit exceeded management’s guidance, the operating profit was down 3 percent quarter-on-quarter. During the reported quarter, DeNA made a significant investment in marketing its voice and chat smartphone app Comm, which launched in late October and boasted more than five million downloads by the end of December. Another contributor to the quarter on quarter decline in the operating profit was the normal seasonal fluctuation in business for DeNA’s Yokohoma Bay Stars baseball team.

In January 2013, DeNA entered into multi-title relationships with Nexon and its subsidiary gloops to enhance its games line-up worldwide. During the month, the company also announced its new corporate branding which reflects a unified global identity.

With the expectation of another successful fiscal year, and with the aim of improving shareholder returns, DeNA is projecting a year-end dividend payment of 50 yen per share compared with a 36 yen per share dividend last year, representing a 38.9 percent increase.

* Dollar values reported were translated at 92.29 Japanese yen per U.S. dollar, which was the Telegraphic Transfer Middle Rate (TTM) per the Bank of Tokyo-Mitsubishi UFJ as of February 5, 2013.

About DeNA

DeNA Co., Ltd. is a global Internet company focused on social game platform, social games, e-commerce and other Web services for mobile devices and PCs. DeNA’s current flagship business is its mobile social games platform Mobage, which offers first-, second- and third-party games on multiple localized user networks across nations. The original Mobage network in Japan currently serves over 45 million registered users with nearly 2,000 titles. Founded in 1999 as a small startup in Tokyo, DeNA currently has over 2,100 employees worldwide working at offices and development studios across 11 countries and regions. The company generated annual sales of more than 1.8 billion U.S. dollars in the fiscal year ended March 2012. DeNA is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com

The forecast data contained in this press release have been determined based on information available to date, but may contain an element of uncertainty. Please be aware that the actual performance data and similar information are subject to influence from diverse factors, and may differ from the forecasts presented herein.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
DXWorldEXPO LLC announced today that Telecom Reseller has been named "Media Sponsor" of CloudEXPO | DXWorldEXPO 2018 New York, which will take place on November 11-13, 2018 in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...