Financial Performance - Total revenue was ¥64,375 million (or HK$3,371 million), up 14.6% from the six months ended September 30, 2022[2]. - Profit before income tax was ¥2,924 million (or HK$153 million), reflecting a 26.1% increase compared to the same period last year[2]. - Net profit attributable to owners for the period was ¥1,873 million (or HK$98 million), representing a 57.8% increase year-on-year[2]. - Basic earnings per share were ¥2.6 (or HK$0.1)[2]. - The company reported a total comprehensive income of JPY 6,483 million for the six months ended September 30, 2023, compared to JPY 4,486 million in the same period last year, indicating a growth of 44.5%[40]. - Net profit for the six months ended September 30, 2023, was JPY 1,874 million, compared to JPY 1,183 million in the previous year, representing a year-on-year increase of 58.5%[40]. - Operating profit for the same period was JPY 4,400 million, up from JPY 3,881 million, reflecting a growth of 13.4%[39]. - The company reported a total segment profit of ¥3,313 million for the six months ended September 30, 2023, with a net profit of ¥1,874 million[51]. Investment and Expansion - Total investment reached ¥278,822 million (or HK$14,598 million), an increase of 13.4% compared to the six months ended September 30, 2022[2]. - The company plans to increase the number of gaming halls through various methods to enhance profitability[5]. - The company has acquired multiple Japanese arcade businesses, expanding its network significantly, with recent acquisitions including five arcades as of July 31, 2023[14]. - The company aims to enhance future performance by developing new game halls in larger market segments[67]. - The acquisition of Keiai Co., Ltd. was completed on July 31, 2023, with a cash purchase price of 4,066 million JPY[68]. Revenue Streams - Revenue from the daily gaming machine business increased by 12.8% to 62,187 million JPY from 55,150 million JPY year-over-year[29]. - Revenue from aircraft leasing business surged by 109.4% to 2,188 million JPY from 1,045 million JPY in the previous year[24]. - Revenue from external customers for the arcade business was ¥62,187 million, while the aircraft leasing business generated ¥2,188 million, totaling ¥64,375 million for the six months ended September 30, 2023[51]. - Revenue from high-stakes gaming halls' Japanese pachinko business increased by ¥2,187 million (approximately HK$115 million) or 8.1% to ¥29,246 million (approximately HK$1,531 million) for the six months ended September 30, 2023[30]. - Revenue from low-stakes gaming halls' Japanese pachinko business rose by ¥4,850 million (approximately HK$254 million) or 17.3% to ¥32,941 million (approximately HK$1,725 million) for the six months ended September 30, 2023[30]. Operational Efficiency - The group emphasizes low-cost operations and multi-store development, leveraging economies of scale in purchasing gaming machines and prizes[10]. - The implementation of an ICT system enhances productivity and reduces labor costs by automating the tracking of gaming machine outputs[19]. - The company operates 16 distribution centers across Japan to manage logistics and share gaming machines among 20 to 30 arcades, reducing costs[18]. Dividends and Shareholder Returns - The board declared an interim dividend of ¥2.5 per ordinary share[2]. - The total dividend declared for the six months ending September 30, 2023, was 1,783 million JPY, with a dividend per share of 2.60 JPY[64]. - During the reporting period, the company repurchased a total of 7,688,600 shares at an average price of 5.41 HKD, totaling 37,134,374 HKD[78]. Market Conditions and Future Outlook - The business environment is gradually recovering as COVID-19 impacts diminish, although geopolitical risks and global economic downturns remain concerns[5]. - The company anticipates global air passenger demand to recover to 4.35 billion in 2023, reaching 96% of pre-COVID-19 levels[20]. - The company plans to continue expanding its operations in the gaming and aircraft leasing sectors, focusing on new product development and market expansion strategies[43]. Corporate Governance and Compliance - The company has adhered to corporate governance rules, with a noted exception regarding the dual role of the Chairman and CEO until June 23, 2023[73]. - The company has adopted standard rules and regulations to prevent insider trading, confirmed by all directors during the reporting period[74]. - The company’s interim financial statements were reviewed by PricewaterhouseCoopers Aarata LLC according to international auditing standards[75].
DYNAM JAPAN(06889) - 2024 - 中期业绩