Report

PSA Media & Entertainment: Bandai Namco (7832 JT) – Can it Build on Elden Ring?

Despite producing excellent FY24 Q1 results, the shares fell in the wake of them, as the market bet that the gains were not sustainable. However, while the outlook for the video game business is less impressive in FY25, structural improvements to the Toys & Hobby division and the Amusement division means that these should support earnings in FY25 at FY24 levels, while allowing the business to kick on from there.
Underlying
Provider
Pelham Smithers Associates Ltd
Pelham Smithers Associates Ltd

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

PSA produces both company and sector reports. The focus of PSA’s research is to identify winners and losers as new technologies impact the top and bottom lines of corporations. Critical to our research is the clear explanation of how these new technologies work and how they impact companies and industries. 

The founding partners have worked closely together for twenty years and the team has more than doubled in size since 2012. 

Analysts
Pelham Smithers

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