1 Overview of Consolidated Financial Results

Transcription

1 0 Table of Contents 1 Overview of Consolidated Financial Results 2 Comprehensive Internet Business 3 SAP and Other Media Businesses 4 FX Business 5 Ameba Business 6 Opening Ameba Platform 7 Summary 1

2 1 Overview of Consolidated Financial Results Overview of Consolidated Financial Results (January 2012-March 2012) 2

3 1 Overview of Consolidated Financial Results Second Quarter Highlights (Jan. Mar. 2012) Consolidated Financial Results Sales: 35.9 billion yen Increase 17.2% over the same quarter of the previous year Operating Profit: 6.1 billion yen Increase 51.6% over the same quarter of the previous year Operating profit margin: 17.1% (13.2% for the same quarter of the previous year) Record high performance Ameba Business Smartphone MAU: 2.55 million (Exceeds feature phones) Sales: 6.6 billion yen Increase 1.6 times over the same quarter of the previous year Operating Profit: 2.3 billion yen Increase 1.4 times over the same quarter of the previous year SAP Business Many hits including Shingeki-no Bahamut, The Idol Master Cinderella Girls, Sengoku SAGA, Furyodo Gang Road Sales: 6.1 billion yen Increase 3.5 times over the same quarter of the previous year Note 1: Sales by segment are reference number for before deductions for intracompany transfers. Note 2: The Idol Master Cinderella Girls released by NAMCO BANDAI Games Inc., developed and operated by NAMCO BANDAI Games Inc. and Cygames, Inc. 3

4 1 Overview of Consolidated Financial Results Quarterly Consolidated Sales (Unit: million yen) 36,000 Quarterly Consolidated Sales Increased 17.2% over the same quarter of the previous year 35,964 34,000 32,000 30,000 28,000 26,000 24,000 22,000 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 14,580 13,275 13,857 3,010 3,195 3,373 9,902 10,662 11,570 18,402 18,087 19,362 18,803 19,753 3,370 3,781 3,789 2,915 2,769 2,898 17,903 16,984 15,032 15,573 15,888 14,306 23,271 23,343 23,699 23,754 23,099 3,160 21,276 21,746 3,101 3,292 20,801 3,448 3,239 2,914 18,362 3,104 18,642 20,170 19,895 20,407 19,860 20,594 21,419 24,238 24,611 26,381 32,146 30,681 30,957 28,770 29, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 Sales excluding netprice.com Sales of netprice.com Note: netprice.com, ltd. was transitioned from consolidated subsidiary to our equity method affiliate in FY

5 1 Overview of Consolidated Financial Results Quarterly Operating Profit by Business Segments (Unit: million yen) 6,500 Quarterly Operating Profit by Business Segments 6,000 5,500 5, FX Business 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, ,000-1,500 1, ,056 2, ,552 1, ,057 1,822 1, ,002 1,202 1, ,175 2,267 2,335 2, ,655 1, , ,035 Operating Profit 721 1, ,626 2,115 2,700 2,222 2,298 3,558 4,055 3,224 3,510 4,915 6,148 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Existing Business Ameba Business Investment Development Business FY2009 FY2010 FY2011 FY2012 Ameba Business Existing Business FX Business Investment Development Business Earnings Incentives Note 1: From FY2012, Ameba Business includes the businesses of Ameba Business Headquarters, AMoAd Inc., and Sirok, Inc. MicroAd, Inc., Cyberbuzz, Inc., and TMN Inc. are included in Existing Business. Note 2: Operating profit by business segments are those before payment of earnings incentives 5

6 1 Overview of Consolidated Financial Results P L Record high performance (in sales, operating profit, operating profit margin, current net profit) Operating profit margin : 17.1 (3.9 point increase from the same quarter of the previous year) Unit: million yen Jan-Mar 2012 Jan-Mar 2011 Change Net sales 35,964 30, Gross margin 15,682 11, Gross margin rate points SG&A expenses 9,533 7, Operating profit 6,148 4, Operating profit margin points Ordinary profit 6,080 4, Current net pretax profit 5,393 3, Current net profit 3,035 2,

7 1 Overview of Consolidated Financial Results Quarterly SG&A Expenses (Unit: million yen) Quarterly SG&A Expenses 10,000 9,150 9, % 9,000 8,000 7,000 6,000 7,380 7,165 7,309 7,222 5,858 6,092 6,684 7,500 7,010 7,229 8,070 8, % 40.0% 5,000 4,000 3, % 30.2% 31.6% 30.4% 27.3% 25.1% 27.2% 28.4% 24.4% 23.6% 27.7% 29.6% 25.2% 26.5% 30.0% 20.0% 2, % 1, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2009 FY2010 FY2011 FY % Earnings Incentives Others Consolidated adjustment Office costs Sales related costs Advertisement costs Personnel , ,397 1,470 1,434 1,395 1,181 1,452 1,240 1,469 1,342 1,498 1,505 1,802 1,661 1, ,111 1, ,428 1,014 1,293 1,260 1,723 1,489 1,244 1,720 3,410 3,314 3,405 3,474 3,033 3,091 3,206 3,190 3,335 3,364 3,711 3,512 3,728 4,012 SG&A expenses ratio *In the presentation material for 1Q of FY2012 and later documents, sales promotion cost is retroactively included in advertisement costs. (Previously, sales promotion cost was included in sales related costs.) 7

8 1 Overview of Consolidated Financial Results Quarterly Number of Employees in Consolidated Companies Scheduled to employ over 700 new employees in FY2012 (295 new fulltime employees, 400 plus mid-career engineers) (Unit: person) Number of Employees in Consolidated Company 2,166 2,301 Percentage distribution by job type (2Q) 2,100 2,089 Administration 2,000 1,641 1,683 1,806 1,793 1,771 1,664 1,758 1,771 1,799 1, % Sales Management 16.5% 14.8% 1,500 Operation 20.8% Engineer 41.0% 1, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2009 FY2010 FY2011 FY2012 Headquarters (management) FX & Investment development SAP/Other media Comprehensive Internet business Ameba Note 1: Ameba Business indicates the number of employers and employees of Ameba Business Headquarters (including engineers), AMoAd Inc. and Sirok Inc. Note 2: The number of employees of netprice.com, Ltd., which had been a consolidated subsidiary until FY2009, is excluded. 8

9 1 Overview of Consolidated Financial Results B S Unit: million yen End of Mar 2012 End of Dec 2011 Change Current assets 107,849 96, % (Cash deposits + Securities) 24,328 19, % Fixed assets 17,430 15, % Total assets 125, , % Current liabilities 82,104 72, % Fixed liabilities 1,787 2,039 (12.4 %) Net assets 41,382 36, % Of net assets, the total of deposits and margin from foreign exchange trading is 55,160 million yen. (5% YoY increase at Dec end) 9

10 1 Overview of Consolidated Financial Results Progress rate with respect to the forecast for FY2012 Progress rate for 2Q (6 months) with respect to the forecast for FY2012 Unit: million yen Sales Operating Profit Ordinary Profit Net Profit Forecast for FY ,000 17,000 16,700 8,500 Results for 2Q (6 months) FY ,110 11,064 10,969 5,089 Progress rate 52.4 % 65.1 % 65.7 % 59.9 % Dividend forecast Dividend forecast for FY2012 Unit: yen Dividend per share Dividend increase rate (from the previous term) Estimated dividend for FY2012 3,500 0 % Dividend for FY2011 3,500 59% Dividend for FY2010 2, % 10

11 2 Comprehensive Internet Business Comprehensive Internet Business 11

12 2 Comprehensive Internet Business Comprehensive Internet Business Our organizational structure was changed in Oct After October 2011 Before September 2011 Comprehensive Internet Business Internet Advertising Agency Business Agency Unit (Former Internet Advertising Agency Business) Maintain sales by strengthening top clients sales structure 640 client companies (191 less than the same quarter of the previous year) NEW Internet Business Unit * Further details from page 32 Many new businesses are being launched in the smartphone field. 7 released, 30 being developed (12 scheduled to be released by July) 12

13 2 Comprehensive Internet Business Quarterly Agency Unit Sales The ratio of smartphone ads sales has increased to 20.2% (Unit: million yen) 18,000 16,000 Sales on Agency Unit by Quarter 15,448 16,915 15,194 15,715 15,580 16, % 14,000 12,000 10,000 8,000 6,000 4,000 2, ,499 13,908 13, % 11,126 10,693 10,945 11,191 10,899 10,880 10,701 10,186 9, % FY billion yen FY % 51.7 billion yen FY2009 FY billion yen 42.6 billion yen 5.2% 2.7% 0.2% 0.3% 0.6% 0.6% 1.2% 1 Q 2Q 3Q 4Q Q 2Q 3Q 4Q Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2008 FY2009 FY2010 FY2011 FY % 10.0% 0.0% PC 9,839 9,864 9,297 9,504 9,553 9,413 8,706 9,017 9,508 10,917 11,113 11,420 12,438 13,081 11,593 11,280 11,335 11,511 Feature phone 0 1,262 1,396 1,441 1,346 1,467 1,480 1,684 1,660 2,150 2,306 2,403 2,832 3,385 2,812 2,648 1,663 1,329 Smartphone ,787 2,582 3,254 Smartphone ratio Note 1: Agency Unit correspond to the old advertising agency business. Note 2: Trenders,Inc. was retroactively transitioned from consolidated subsidiary to our equity method affiliate in FY2012. Note 3: Quarterly sales are the reference value before the deduction of internal transactions. 13

14 3 SAP and Other Media Businesses SAP and Other Media Businesses *SAP: An abbreviation of Social Application Provider (providing game or service to game platform operated by other company) 14

15 3 SAP and Other Media Businesses Quarterly SAP and Other Media Businesses Sales 1.5 times compared to the same quarter of the previous year The sales of the SAP business have increased steeply (Unit: million yen) 13,000 12,000 Sales on SAP and Other Media Businesses by Quarter 12,559 11,000 10,000 9,764 9,000 8,000 7,458 7,498 7,925 7,892 7,797 7,622 7,860 7,562 8,706 8,962 8,575 8,132 8,499 7,000 6,000 6,125 6,781 6,813 5,000 FY2011 4,000 3,000 FY billion yen FY billion yen FY billion yen 34.1 billion yen 2,000 1, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2008 FY2009 FY2010 FY2011 FY2012 SAP business ,242 1,701 1,749 1,737 1,850 3,221 6,171 Others (Ads, commerce etc.) 6,125 6,781 6,813 7,458 7,498 7,925 7,892 7,797 7,385 7,368 6,935 7,464 7,261 6,826 6,395 6,649 6,543 6,388 Note 1: SAP and Other Media Businesses correspond to the old Media Business. Note 2: Some businesses are included in Internet Business Unit (Sales for 4Q of FY2011: 593 million yen) Note 3: Quarterly sales are the reference value before the deduction of internal transactions 15

16 3 SAP and Other Media Businesses Quarterly SAP Business Sales 3.5 times compared to the same quarter of the previous year (Unit: million yen) 6,000 Sales on SAP Business by Quarter 6,171 5,600 5,200 Number of titles: 79 (As of the end of March) 4,800 4,400 4,000 3,600 3,200 3,221 2,800 2,400 2,000 1,701 1,749 1,737 1,850 1,600 1,200 1, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2010 FY2011 FY2012 * Quarterly sales are the reference value before the deduction of internal transactions. 16

17 3 SAP and Other Media Businesses SAP Business Successive releases of strong IP titles Nov The Idol Master Cinderella Girls released by NAMCO BANDAI Games Inc., developed and operated by Cygames, Inc. Apr Saint Seiya Galaxy Card Battle released by TOEI ANIMATION CO., LTD. developed and operated by DeNA CO.,Ltd. and Cygames,Inc. Sep Shingeki-no Bahamut released by Cygames, Inc. Feb Furyodo Gang Road released by Applibot, Inc. Nov Sengoku SAGA released by Grenge, Inc. 17

18 4 FX Business FX Business 18

19 4 FX Business Quarterly FX Business Sales There is exchange volatility, and progress is stable (Net sales unit: million yen) Sales on FX business and number of opened account by quarter (Number of opened accounts) 2, ,000 2,191 2,213 2, , , ,000 2,000 1,500 1, , ,777 1,259 46,943 1,834 54,119 1,389 1,415 1,437 63,811 71,263 85,716 1,633 94,679 1, ,733 1, , , , ,642 1, ,482 1,540 1, , ,889 2,027 1,999 Asset on deposit as of the end of Mar billion yen (5.6% increase from the previous quarter) 160, , , ,000 80,000 60,000 40,000 20, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2008 FY2009 FY2010 FY2011 FY Sales Number of opened accounts Sales ,259 1,834 1,389 1,415 1,437 1,633 1,766 1,897 2,191 1,530 1,540 1,739 2,213 2,258 2,027 1,999 Operating profit , ,002 1,057 1, ,056 1, Note 1: FX Business is foreign exchange trading business operated by consolidated subsidiary, Cyber Agent FX, Inc. Note 2: Operating profit by business segments are those before payment of earnings incentives Note 3: Leverage regulations; 50 times in Aug. 2010, 25 times in Aug

20 5 Ameba Business Ameba Business 20

21 5 Ameba Business Ameba Monthly Page Views (Unit: hundred million PV) Monthly page views of Ameba Smart-phones Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar PC Feature phones FY2008 FY2009 FY2010 FY2011 FY2012 Smartphones Feature phones PC 21

22 5 Ameba Business Monthly Number of Ameba Subscribers (Unit: ten thousand subscribers) Number of Ameba Subscribers by Month 2,500 2,000 1,500 1, TV CM for Ameba Pigg Dec. 24 to Jan. 29 Mar. 6 to Apr. 22 Next commercials are scheduled to air from May to June ,079 1,1231,166 1, ,002 1,872 1,943 1,823 1,759 1,583 1,645 1,702 1,475 1,535 1,410 1,292 1,346 1,243 Ameba subscribers 1,098 1,010 1, Ameba Piggs 2,202 2,125 2,068 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar 1,190 1,136 FY2008 FY2009 FY2010 FY2011 FY2012 Number of subscribers Number of Ameba Pigg (Avatar) 22

23 5 Ameba Business Smartphone Smartphones exceed feature phones in MAU (2.55 million) (Unit: 10 thousand persons) MAU (Unit: hundred million PV) PVs Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Smartphone Feature phone 23

24 5 Ameba Business Quarterly Ameba Sales of Ameba Business 1.6 times compared to the same quarter of the previous year (Unit: million yen) 6,500 6,000 5,500 Quarterly Ameba Business Sales 6,643 6,076 FY2011 2,517 5, billion yen 2,323 5,000 2,379 4,500 4,410 4,030 4,000 1,903 FY2010 3,499 4,127 3,500 1, billion yen 3,753 3,000 2,573 1,788 2,500 3,161 FY2009 1,407 2,000 1,855 1,940 2,507 FY billion yen 1,621 1,116 1, billion yen 2,229 1,157 1,056 1,206 1,710 1, , Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q Ads, other sales 38% Virtual content sales 62% FY2008 FY2009 FY2010 FY2011 FY2012 Virtual content sales Ads, other sales Note 1: From FY2012, Ameba Business includes the businesses of Ameba Business Headquarters, AMoAd Inc., and Sirok, Inc. Note 2: The sales from charging is calculated based on the AmeGold amount purchased and consumed by users. Note 3: Based on figures before some segment internal transactions were removed 24

25 5 Ameba Business Ameba Business Quarterly Advertising Sales 1.4 times compared to the same quarter of the previous year Sudden growth in smartphone advertising (Unit: million yen) 2,500 Quarterly Ads Sales of Ameba Business 2,379 2,323 2,517 2,000 1,788 1,801 1,903 1,258 1,226 1,188 1,500 1, ,063 1,407 1,014 1,206 1,070 1,116 1, Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 609 FY2009 FY2010 FY2011 FY2012 Smartphone Feature phone PC Note 1: From FY2012, Ameba Business includes the businesses of Ameba Business Headquarters, AMoAd Inc., and Sirok, Inc. Note 2: Based on figures before some segment internal transactions were removed 25

26 5 Ameba Business Ameba Business Quarterly Virtual Content Sales 1.9 times compared to the same quarter of the previous year (Unit: million yen) 4,000 3,600 Quarterly Virtual Content Sales of Ameba Business FY billion yen 3,753 4,127 Smartphone 5 3,200 3,161 Feature phone 30 2,800 2,507 2,400 2,000 1,600 FY billion yen 1,710 2,229 PC 64 1,200 FY2009 1, FY billion yen 0.5 billion yen Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2008 FY2009 FY2010 FY2011 FY2012 Note1: *The sales from charging is calculated based on the AmeGold amount purchased and consumed by users. Note 2: Device percentages are based on money spent on each. 26

27 5 Ameba Business Ameba Pigg (PC) (Unit: AmeGold) Successive releases of large-scale games scheduled starting May 2012 Game in Ameba Pigg (PC) Quarterly transition in the consumption of AmeGold 2,131 Fourth large-scale game Pigg Island to be released in May ,000 1, Fifth large-scale game Café Game to be released in July ,500 1, ,422 1, , Sixth large-scale game Pigg World to be released in August Q 1Q 2Q 3Q 4Q 1Q 2Q FY2010 FY2011 FY2012 Pigg Life Casino Game Fishing Game Note 1: Games to be released are under development, and so its contents may be changed. Note 2: Consumption amount of AmeGold includes those not yet used. (it dose not include in sales amount) 27

28 5 Ameba Business Ameba Mobile Sales from smartphone charges account for 15% (Unit: AmeGold) Ameba Mobile Quarterly transition in the consumption of AmeGold 1,751 Ameba Pigg opened in January 2012 mogg opened in June ,500 1,474 1,328 1,173 FP 85 1, ,413 1, ,173 1, Q 1Q 2Q 3Q 4Q 1Q 2Q FY2010 FY2011 FY2012 SF 15 Smartphone Feature phone *Consumption amount of AmeGold includes incentives. (it dose not include in sales amount) 28

29 6 Opening Ameba Platform Opening Ameba Platform 29

30 6 Opening Ameba Platform Opening Ameba Platform Renewal open in May, evolve Ameba into an SNS Roadmap toward Opening Ameba Platform (1) Evolve the smartphone version Ameba into an SNS (2) Add many internally developed community services (3) Add successive internally developed social games *Products to be released are under development, and so its contents may be changed. 30

31 6 Opening Ameba Platform (1) Evolve the smartphone version Ameba into an SNS SNS connecting function No need to become an Ameba subscriber Current users can join easily DEKA GRAPH *Products to be released are under development, and so its contents may be changed. 31

32 6 Opening Ameba Platform (2) Add many internally developed community services Attract users to Ameba (large social graph) from community services DEKA GRAPH *Products to be released are under development, and so its contents may be changed. 32

33 6 Opening Ameba Platform (2) Add many internally developed community services Tell me Social Q&A service intely Business-related social networking service GIRL S TALK Completely anonymous community for women only Commentator Community for enjoying news through comments *Products to be released are under development, and so its contents may be changed. 33

34 6 Opening Ameba Platform (2) Add many internally developed community services "Minnano Kokannikki wakka" Social Diary sharing site Boost Social matching service Pashatto my Pet Social pet photo sharing site GIRLS UP Social dieting site *Products to be released are under development, and so its contents may be changed. 34

35 6 Opening Ameba Platform (2) Add many internally developed community services ALLbum Album sharing service Simplog Easy sentence blogging service Pekoli Home cooking community Pashaoku New type of social auctioning *Products to be released are under development, and so its contents may be changed. 35

36 6 Opening Ameba Platform (2) Add many internally developed community services Mainichi Furima Social flea market service babypic Child photo sharing site Tomodachi Nenkan Friends photo sharing site Kiiteyo! Mirucho (tentative) New type of community for connecting loosely by murmuring *Products to be released are under development, and so its contents may be changed. 36

37 6 Opening Ameba Platform (3) Add successive internally developed social games Substantial number of internally developed games 10 titles by June DEKA GRAPH *Products to be released are under development, and so its contents may be changed. 37

38 6 Opening Ameba Platform (3) Add successive internally developed social games "Tenku no Kurisutaria" - Card battle game with rich graphic "Hugg Pet" - Pet raising game "ULTIMATE RACER"- Car racing battle game *Products to be released are under development, and so its contents may be changed. 38

39 6 Opening Ameba Platform 31 titles at release Opening at the end of May to beginning of June! 39

40 7 Summary Summary 40

41 7 Summary Summary Strengthen the competitiveness in the field of Smartphone Ameba Business Open platform by the beginning of June Add many internally developed games SAP Business Share knowhow on card battle games Strengthen overseas business Comprehensive Internet Business Agency Unit Internet Business Unit Maintain sales by focusing on top clients Strengthen sales of smartphones advertising Successive launch of new services from May Strengthen collaboration with Ameba FX Business Aim for steady growth regardless of influences from regulations and volatility 41

42 We create the company that symbolizes the 21st century. 42