Hakuhodo Dy Holdings Incorporated · TSE:2433
Hakuhodo Dy — Q1 FY2022 Earnings Presentation
29 slides from Hakuhodo Dy's earnings presentation, Aug 9, 2022
Slide 1: Consolidated Financial Highlights FY2022 First Quarter (April-June, 2022)
Consolidated Financial Highlights FY2022 First Quarter (April-June, 2022) August 9, 2022 Hakuhodo DY Holdings, Inc.
Slide 2: Consolidated Results Highlights of Q1 FY 2022
Consolidated Results Highlights of Q1 FY 2022
Slide 3: FY2022 Q1 Summary
FY2022 Q1 Summary Top-line growth continued, however, SG&A expenses increased due to strategic spending and other factors, resulting in increased billings and decreased profits. - The recovery in domestic advertising demand continued, although there were signs of a partial reduction in placements ag
Slide 4: Topics
Topics Strengthen our group function ・HAKUHODO Technologies began operations. - SOLDOUT became a consolidated subsidiary* and ADWAYS became an equity method affiliate. (※) P/L will be incorporated from the second quarter Strengthen our global network ・Hakuhodo acquired Kingdom Digital Solutions in M
Slide 5: Topics
Topics Strengthen capability in XR domain ・DAC launched Japan's first ad sales in the Metaverse domain in partnership with Super League Gaming, Inc. ・Hakuhodo DY Holdings signed capital and business alliance agreement with VRC. Utilization of Brock chain ・Hakuhodo launched support for companies ente
Slide 6: Topics
Topics Initiatives for SDGs ・Hakuhodo launched "Decarbo Score", a new service of "Earth hacks", a platform to promote decarbonized society, to visualize the CO2e reduction rate of products and services. Human resources reinforcement ・ Hakuhodo accelerates hiring of human resources to build the found
Slide 7: FY2022 Q1 Income Statement Highlights
FY2022 Q1 Income Statement Highlights （Millions of JPY） Actual YOY Billings 349,106 +22,142 +6.8% Revenue 195,636 +23,258 +13.5% Operating Income 11,458 -629 -5.2% Ordinary Income 13,870 +618 +4.7% Net Income Attributable to Owners of Parent 4,582 -1,656 -26.5% - Billings increased by 6.8% YoY, and
Slide 8: FY2022 Q1 Results (Excluding Investment Business)
FY2022 Q1 Results (Excluding Investment Business) Q1 FY2022 (Millions of JPY) Actual YOY Gross profit & Operating Income before amortization of goodwill by quarter Billings 345,848 +22,167 +6.8% Revenue 192,377 +23,283 +13.8% Gross Profit 81,206 +6,187 +8.2% Gross Margin 23.5% +0.3pt SGA 72,941 +6,8
Slide 9: Results by Region (Japan: Excluding Investment Business)
Results by Region (Japan: Excluding Investment Business) Q1 FY2022 (Millions of JPY) Gross profit & Operating Income before amortization Actual YOY of goodwill by quarter （millions of JPY） Billings 298,466 +13,591 +4.8% Revenue 144,996 +14,707 +11.3% Gross Profit 61,305 +3,013 +5.2% Gross Margin 20.
Slide 10: Results by Region (Overseas)
Results by Region (Overseas) Q1 FY2022 (Millions of JPY) Actual YOY Gross profit & Operating Income before amortization of goodwill by quarter Billings 49,499 +9,197 +22.8% （Millions of JPY） Revenue 49,499 +9,197 +22.8% Gross Profit 21,244 +3,858 +22.2% Gross Margin 42.9% -0.2pt SGA 22,142 +3,861 +2
Slide 11: Billings by Service Category
Billings by Service Category Q1 FY2022 Composition (Millions of JPY) Actual YOY Ratio Newspapers 7,275 -1,926 -20.9% 2.4% Magazines 1,553 -354 -18.6% 0.5% Radio 2,866 -20 -0.7% 1.0% Television 91,278 -4,344 -4.5% 30.7% Trad-Media Service Subtotal 102,973 -6,645 -6.1% 34.6% Internet Media 80,118 +4,4
Slide 12: Billings by Clients' Industry
Billings by Clients’ Industry See p.21-25 for details. Q1 FY2022 • The scope of tabulation has been expanded and some of the methods of tabulation have been changed from the current fiscal year, and the results of the previous year have been retroactively restated. - Positive Industries Government/O
Slide 13: Selling, General & Administrative Expenses
Selling, General & Administrative Expenses Q1 FY2022 （Millions of JPY） Actual YOY Major Change Factors in SG&A (Millions of JPY) Personnel 49,464 +3,024 +6.5% Q1 FY21 SG&A 66,152 Rent 4,836 +246 +5.4% Change in scope of consolidation +697 Depreciations 1,851 +244 +15.2% Amortization of goodwill +118
Slide 14: Other Income & Extra-ordinary Items
Other Income & Extra-ordinary Items Q1 FY2022 Other Income/Loss （Millions of JPY） Actual YOY Non-operating Income 2,949 +1,344 Interest Income 107 +51 Dividend Income 1,117 +170 FOREX 906 +906 Investment Partership Income 470 +219 Non-operating Expenses 537 +96 Interest Expenses 119 +0 Equity Method
Slide 15: Guidance/Dividend for FY2022
Guidance/Dividend for FY2022
Slide 16: Guidance /Dividend for FY2022
Guidance /Dividend for FY2022 Forecasts of financial results and dividends for the fiscal year ending March 31, 2023 are unchanged from previous forecasts as follows. Performance forecast （Millions of JPY） Forecast Billings 1,630,000 Operating Income 51,000 Ordinary Income 53,000 Net Income Attribut
Slide 17: Change in accounting standards & Note Concerning Audits
Cautionary Statements Concerning Forward-looking Statements, リレーションシップ ID rId2 のイメージ パーツがファイルにありませんでした。 Change in accounting standards & Note Concerning Audits （Cautionary Statements Concerning Forward-looking Statements） This presentation includes forward-looking statements concerning forecasts of
Slide 18: Supplements
Supplements
Slide 19: Interim Income Statements
Interim Income Statements Japanese GAAP-basis Interim Income Statements for Q1 FY2022 （Millions of JPY） Actual YOY Billings 349,106 +22,142 +6.8% Revenue 195,636 +23,258 +13.5% Gross Profit 84,420 +6,180 +7.9% Gross Margin 24.2% +0.3pt +0.0% SG&A 72,961 +6,809 +10.3% Operating Income 11,458 -629 -5.
Slide 20: Results Excluding Investment Business
Results Excluding Investment Business Q1 FY2022 Results Excluding Investment Business （Millions of JPY） Actual YOY Billings 345,848 22,167 +6.8% Revenue 192,377 23,283 +13.8% Gross Profit 81,206 6,187 +8.2% Gross Margin 23.5% +0.3pt SG&A 72,941 6,827 +10.3% Operating Income 8,264 -639 -7.2% Operatin
Slide 21: Results by Region
Results by Region Q1 FY2022 （Millions of JPY） Actual YOY Japan Billings 301,724 +13,566 +4.7% Revenue 148,254 +14,682 +11.0% Gross Profit 64,518 +3,005 +4.9% SG&A 46,857 +2,056 +4.6% Operating Income 17,660 +949 +5.7% Overseas Billings 49,499 +9,197 +22.8% Revenue 49,499 +9,197 +22.8% Gross Profit 2
Slide 22: Billings by Clients' Industry
Billings by Clients’ Industry Q1 FY2022 （Millions of JPY） Actual YOY Composition Beverages/Cigarettes/Luxury foods 34,239 +3,221 +10.4% 13.7% Information/Communications 33,294 -171 -0.5% 13.3% Automobiles/Related products 19,709 -2,178 -10.0% 7.9% Foodstuffs 18,067 -270 -1.5% 7.2% Cosmetics/Toiletri
Slide 23: Billings by Clients' Industry (by Quarter) 1
Billings by Clients’ Industry (by Quarter) 1 FY2020 FY2021 FY2022 (Millions of JPY) 22
Slide 24: Billings by Clients' Industry (by Quarter) 2
Billings by Clients’ Industry (by Quarter) 2 (Millions of JPY) 23
Slide 25: Billings by Clients' Industry (by Quarter) 3
Billings by Clients’ Industry (by Quarter) 3 (Millions of JPY) 24
Slide 26: Billings by Clients' Industry (by Quarter) 4
Billings by Clients’ Industry (by Quarter) 4 (Millions of JPY) 25
Slide 27: Balance Sheets
Balance Sheets （Millions of JPY） End of June 2022 Change * Composition Current Assets 626,085 -128,768 66.8% Cash & Deposits 195,335 11,351 Accounts Recievable 302,147 -136,257 Non-current Assets 310,467 12,305 33.2% Tangible Assets 38,231 1,106 Intangible Assets 90,508 18,191 Goodwill 62,154 17,056
Slide 28: Cash Flow Statements
Cash Flow Statements Q1 FY2022 （Millions of JPY） Actual YOY Cash Flows from Operating Activities 25,895 +20,663 Cash Flows from Investing Activities -3,104 -288 Purchase of property, plant and equipment -1,008 -535 Purchase of intangible assets -1,261 -332 Purchase of investment securities -1,468 -1
Slide 29: HakuhodoDY holdings
HakuhodoDY holdings
Hakuhodo DY Holdings — Q1 FY2022 Earnings Presentation on 6ix