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DeNA’S Q3 FY2011: Sales Up 16%, Net Income Drops 25% [Social Games]


DeNA has released their financial report for Q3 FY2011 (October-December 2011) today, and the Mobage operator has no reason to be happy.

Sales went up 16% year-on-year to 34.153 billion yen (US$445 million) – but that’s about the only positive key figure. All other numbers, first and foremost net income (which went down 25% in the same time frame to 6.082 billion yen/US$79 million), aren’t looking good at all.

By way of comparison: in their last financial quarter, GREE saw sales going up 190% year-on-year to 41.5 billion yen (US$545 million) and net income balloon 206% to hit 12.7 billion yen (US$167 million). See here for details.

Here is an overview of DeNA’s numbers:

However, DeNA is expecting sales to pick up soon, driven by a number of hit games third-party developers in particular have launched on Mobage recently:

A similar development is projected for income:

Moba-Coin consumption (Moba-coins are the virtual currency within Mobage) is picking up, too:

DeNA’s whole financial report can be downloaded here (in English). The official press release (in English) can be found here.

Serkan Toto About Serkan Toto
I am the CEO & Founder of Kantan Games, Inc., a Tokyo-based game industry consultancy focused on the Japanese market. Please subscribe to updates on this site via RSS or Email.