Wowow Inc. · TSE:4839

Wowow — Q3 FY2019 Earnings Presentation

26 slides from Wowow's earnings presentation, January 2020

  1. Slide 1: WOWOW Q3 FY2019 Results Presentation

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  2. Slide 2: Contents

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  3. Slide 3: Q3 FY2019 Highlights

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  4. Slide 4: Q3 FY2019 Results Summary

    2O1lIOH ES 3PU4HH MART (Btu : F4#) BUF [al BALL 20184 E3Q 2019E3Q BUA BUF IA)BALL Pre ALERT 489 A87 82.2% FERRIER 465 Al18 96.2% TERM AX 25 Ab69 - Ast iEARMAGE 2,901 A44 98.5% A) een" 417 A6 98.6% A) Mabe ew'2 63 6 109.5% "| ARNE KS 2R2WBC SRHBOFT YS RVCAS| WEE (AR2 00ND EIN AIS]. RSME) *2 FAM ROZES

  5. Slide 5: Subscriber Trend

    Saat ERRINA TRL O HES (BAT > HE) “3,000 2,901 2,876 2,857 2,805 2,823 2,756 2,500 000 +108 +48 +19 +53 +25 20144 20154 20164E 2017FE 20184R 201983Q

  6. Slide 6: Q3 Cumulative Results

    2010 ER 3H USK (Biz > BA) 20184 3Q 201 9%F1E3Q peach ea 2M | MAL SOCEM | AIF MALE % - | 61378 100.0% 100.0% 261 100.4% we 2 8 WH | 6764 11.0% 991 114.7% @ € # HW > 7315 119% 902, 112.3% mye BH se fl ax| 006: 8.2% 712, 114.2% % - | 54167 100.0% 100.0% A40 99.9% i=] B = Al ff 6,343 11.7% 943 114.9% wK

  7. Slide 7: Sales and Operating Income Breakdown

    sotis BUFIRIRAS I is Ete (#7 : BAP) (#7 : BAP) 65,000 60,000 61,378 61,640 60,000 55,000 54,167 54,1 27 55,000 50,000 50,000 45,000 45,000 40,000 40,000 20184E3Q 20194E3Q 2018E3Q 2019430 (fu : BAP) (fu : BAP) MA TR B |) 20184H3Q | 201I9FE3Q BIRR 2018 23Q | 2019%H3Q | BiaF AMA BR BIRIMA 52,929 52,782

  8. Slide 8: Operating Income Change Factors

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  9. Slide 9: Cost Trends

    Bie Oi BEd 9 1 hE Sle (fr > BAP) 30,000 26,831 26,948 (Ee : %) 604 685 a a 19,985 25,000 464 20,000 L 15,000 10,000 5,000 201 SE 201 6 2017#E 201 8 2018 E3Q 20194F3Q mE ANMAEHS mm Ree SOMBER -e-r belt (th) | HGR HOSA MABHAO HE XA RBKBME : TUYAIDEDY, RB UU IY RAY yp Dk TY. GRRE * BUBIS TNT BS BMA IU

  10. Slide 10: Segment Results

    $B RASH OMSK MWOWOWD S45 -7-Y4VR (FLV—-FF1AYVIT) (tir : APS) 20184 E3Q 20194 E3Q BU [AIBA LL £6 WAL AUAETIAASE | AICEEIBBLY & £ & 6472 100.0% 161 102.5% SB Ss Fl 281 4.3% AQ9 64.7% € 8 WH a 283 4.4% AST. —«65.7% HA i Fl) at 183 2.8% ATI 61.1% *WOWOWDS a=7-YaVYARKOMETS. BWOWOW7SA (iGX) pi + B 3,791 1

  11. Slide 11: Contents

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  12. Slide 12: Upcoming Programming and Events

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  13. Slide 13: Topics

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  14. Slide 14: Full-Year Forecast

    20195FE DOAB 201945 ASA Asie) (atin: HE) BURA LCR 20184 Rik MORES ai) AURA Zz BURA LE RMA 660 A50 92.4% RAIA 635 A55 91.3% TERA AFL 25 5 119.6% Sat IEDRADA TERK 2,901 30 101.0%

  15. Slide 15: Full-Year Forecast Breakdown

    2019SFE INSET iB (201945 ASA aie) (Biz : BAR) 2018%E 20192 URAL z IAL a= BUHALL % -&: Bl 82623) 100.0% 100.0% 876 101.1% w= ® fl it 6,779 8.2% 820, 112.1% < £ 8 A 7,531 9.1% 468 106.2% Uy at a | 8182 6.3% 417 108.0% % £ | 72,951 100.0% 100.0% 448 100.6% a = eH 6,237 8.6% 862 113.8% KR © BB NM 7,048

  16. Slide 16: Appendix

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  17. Slide 17: Quarterly Trends

    MARIS (fiz : fF) SOAR at 10A 1A 12A PIAL 281,958 37,229 33,687 49,029 401,903 FRAOEX 302,890 57,252 45,307 41,185 446,634 TEDRDDA ERK A20,932 A20,023 A11,620 7,844 Fl) ese"! A2,332 A1,665 A699 386 97 Al) AMR RAT? 3,717 66 602 59 SAAR SR St TERIA HBX 2,880,561 2,860,538 2,848,918 2,856,762 2,856,762

  18. Slide 18: Half-Year Trends

    BUHAY (2O18F#E) MARIE (BAfir : ) S| DOSHHA SB 2 DOSHHA 5B 2 DOHA SR St 5 3 DOsHHA 3 DORA Et 5 4 DOHA IRDA 151,551 195,416 346,967 142,245 489,212 170,979 660,191 PRL 147,740 142,012 289,752 174,764 464,516 170,584 635,100 TEDRDDA ERK 3,811 53,404 57,215 A32,519 24,696 395 25,091 Fl) ese"! A1,529 1,9

  19. Slide 19: Cost Breakdown (Consolidated)

    UXSctR i GEKA) (8440 > BFA) 201 84 BSS 30+ HA IAL Bi FalBALE 100.4% BA BOAMA 52,929 86.2% 52,782 85.6% 99.7% EOLA 8,449 13.8% 8,858 14.4% 104.8% Wl ze ERR 35,724 58.2% 34,501 56.0% 96.6% ToL RA 25,653 41.8% 27,138 44.0% 105.8% Ill ReBRO-PREES 18,889 30.8% 19,382 31.4% 102.6% IV BS NMat 552 0.9% 469

  20. Slide 20: Cost Breakdown (Non-consolidated)

    UXSctK (BAA) (#4: RAPA) 201 84 BSS 30+ HA IQA EE BF Pal BALE BA BOAMA 52,929 97.7% 52,782 97.5% 99.7% EOLA 1,238 2.3% 1,345 2.5% 108.6% Wl BLM 31,252 57.7% 29,677 54.8% 95.0% ToL Aa 22,915 42.3% 24,449 45.2% 106.7% Ill ReBRO-PREES 16,571 30.6% 17,163 31.7% 103.6% IV BS NMat 683 1.3% 558 1.0% 81.7% S

  21. Slide 21: Cost Details

    BADR (Bf) (#4: BAF) 2018 E8308 VERB OpLRMOEKSAR San 21,239 19,985 94.1% RB aac 3,889 3,853 99.1% BAAS 16,768 15,667 93.4% ZOHBae 580 464 80.0% RNA 2,114 2,145 101.5% FOFSLATKE 1,950 1,978 101.5% Zot 5,948 5,568 93.6% et 31,252 29,677 95.0% QikTARO-KEBROELOAR RIHBER 734 579 78.9% ABE FR 221 245 110.7

  22. Slide 22: Other Income and Expenses

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  23. Slide 23: Segment Information

    WT XY BAUD (ifr : BAF) SLE CTXY b Fillet AEB (9428) 20184 E 201945 AES 20184 201 OF AES some Geer FRR gouges erat BCE 58,176 58,363 100.3% 6,483 7,573 116.8% TLY-FTAYT 6,472 6,634 102.5% 281 181 64,6% at 64,648 64,997 100.5% 6,764 7,755 114.7% FEE OX) A3,269 A3,357 - - - - ia 61,378 61,640 100.4% 6,

  24. Slide 24: Balance Sheet (Consolidated)

    (8802 : BPS) 20194 3 A311 ARE 20194F12A31 BRE BORAT cD Leak RH FEBRILE if fe Be Lt BRAS BISBAL HAE 61,488 66.4% 60,294 65.9% A1,193 98.1% eae 31,066 33.6% 31,204 34.1% 137 100.4% WHA 31,611 34.2% 27,182 29.7% A4,429 86.0% Hea 2,912 3.1% 2,792 3.1% A119 95.9% BAKE 5,000 5.4% 5,000 5.5% - 100.0% BARE

  25. Slide 25: Balance Sheet (Non-consolidated)

    Sania (Bh) (#4: BPA) 20194 3 A311 ARE 2019412A31 ARE FURBA & O LEB in FULL fe pelt HISAR BOREAL RHA 54,779 65.3% 53,346 64.5% A1,433 97.4% Bene 29,160 34.7% 29,341 35.5% 181 100.6% WA 30,246 36.0% 25,809 31.2% A4,436 85.3% Bea 2,233 2.7% 2,156 2.6% ATT 96.5% BASE 5,000 6.0% 5,000 6.0% - 100.0% BARRE

  26. Slide 26: WOWOW

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WOWOW — Q3 FY2019 Earnings Presentation on 6ix