# Avex vs Bandai Namco

> Unit: JPY millions (ratios in %)
> Periods: Avex = FY ending Mar 2026, consolidated, J-GAAP / Bandai Namco = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T21:50:55.018Z

| Metric | Avex | Bandai Namco |
| --- | ---: | ---: |
| Revenue | 146,571 | 1,348,246 |
| Operating income | 4,085 | 189,517 |
| Net income | 3,553 | 140,651 |
| COGS ratio | 71.5% | 60.6% |
| Operating margin | 2.8% | 14.1% |
| Net margin | 2.4% | 10.4% |
| FCF margin | -0.2% | 8.8% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YKQ4 | S100Z31Z |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Avex | Bandai Namco |
| --- | ---: | ---: |
| Revenue growth | 16.7 (3 peers) | 50 (7 peers) |
| Profitability | 16.7 (3 peers) | 86.4 (11 peers) |
| Cash conversion | 16.7 (3 peers) | 38.9 (9 peers) |
| Efficiency | 50 (3 peers) | 40.9 (11 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/avex/md
- https://vizora.meequs.com/en/company/bandai-namco-holdings/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).
