Ekitan & Co., Ltd. · TSE:3646
Ekitan & — Q1 FY03/2024 Earnings Presentation
22 slides from Ekitan &'s earnings presentation, Aug 10, 2023
Slide 1: Supplementary Materials on Financial Results First Quarter of FY03/2024
Supplementary Materials on Financial Results First Quarter of FY03/2024 August 10, 2023 EKITAN&Co., Ltd. TSE Growth: 3646 Copyright© 駅探. All Rights Reserved
Slide 2: Table of Contents
Table of Contents 1Q of FY03/2024 Financial results overview: Section 1 P3 3Q of FY03/2024 (company-wide) Section 2 Financial results overview: P8 3Q of FY03/2024 (by segment) Section 3 Financial results overview & Performance forecasts: P20 FY03/2024 Copyright© 駅探. All Rights Reserved 2
Slide 3: Section 1: Financial results overview (company-wide)
Section 1 1Q of FY03/2024 Financial results overview (company-wide) Copyright© 駅探. All Rights Reserved 3
Slide 4: Higher revenues / Lower earnings
Highlights 1Q of FY03/2024 Higher revenues / Lower earnings Net sales EBITDA Operating profit ＋29.6% –82.9% － (+/– % YoY) (mil. yen) 28 999 71 770 –42 12 2023 2024 2023 2024 2023 2024 1Q 1Q 1Q 1Q 1Q 1Q Copyright© 駅探. All Rights Reserved 4
Slide 5: Higher revenues / Lower earnings: factors
Highlights 1Q of FY03/2024 Higher revenues / Lower earnings (YoY) Net sales 999 mil. yen +29.6％ +228 mil. yen FY2023 770 mil. yen EBITDA 12 mil. yen –82.9％ –59 mil. yen FY2023 71 mil. yen Operating profit –42 mil. yen － –71 mil. yen FY2023 28 mil. yen Factors of higher revenues Factors of lower reve
Slide 6: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement 1Q of FY03/2024 Consolidated Profit and Loss Statement (YoY) 2023 ratio to 2024 ratio to +/– (mil. yen) +/– % １Q sales １Q sales amount Net sales 770 100.0% 999 100.0% +29.6% +228 Cost of sales 535 69.5% 725 72.6% +35.5% +190 Gross profit 235 30.5% 273 27.4% +16
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet 1Q of FY03/2024 Consolidated Balance Sheet (YoY) 2023 2024 +/– 2023 2024 +/– (mil. yen) １Q １Q amount (mil. yen) １Q １Q amount Total current liabilities 407 616 208 Total current assets 2,295 1,985 –310 Total non-current liabilities 291 484 193 Property, plant and equipment
Slide 8: Section 2: Financial results overview (by segment)
Section 2 1Q of FY03/2024 Financial results overview (by segment) Copyright© 駅探. All Rights Reserved 8
Slide 9: Proportions by segment
Proportions by segment 1Q of FY03/2024 Proportions of net sales are almost the same for the three segments Negative EBITDA in Advertisement Platform Business is offset by Mobility Support Business Net sales EBITDA (1Q of FY2024) (1Q of FY2024) 26.4% 37.2% 2.1% M&A/Incubation M&A/Incubation Business
Slide 10: Mobility Support Business
Mobility Support Business 1Q of FY03/2024 全社 Lower revenues / Lower earnings (YoY) Net sales 371 mil. yen –6.7％ –26 mil. yen FY2023 398 mil. yen EBITDA 93 mil. yen –23.6％ –28 mil. yen FY2023 122 mil. yen Segment profit 80 mil. yen –25.5% –27 mil. yen FY2023 108 mil. yen (mil. yen) Factor 1: Lower re
Slide 11: Advertisement Platform Business
Advertisement Platform Business 1Q of FY03/2024 Net sales slightly decreased, EBITDA and Segment profit decreased (YoY) Net sales 363 mil. yen –2.4％ –8 mil. yen FY2023 372 mil. yen EBITDA –14 mil. yen –154.4％ –39 mil. yen FY2023 25 mil. yen Segment profit –49 mil. yen ー –47 mil. yen FY2023 –2 mil. y
Slide 12: M&A/Incubation Business
M&A/Incubation Business 1Q of FY03/2024 全社 New segment * YoY not applicable Net sales 264 mil. yen ― ― FY2023 ― EBITDA 8 mil. yen ― ― FY2023 ― Segment profit 2 mil. yen ― ― FY2023 ― (mil. yen) Background This segment was newly added due to establishment of EKITAN&Co., Ltd. on April 25, 2023 * No dat
Slide 13: Current progress in primary measures (1Q of FY2024)
Current progress in primary measures (1Q of FY2024) Framework Regional Marketing Platform Framework Strategies Measures Progress 【Media business】 ・Facilitating the RMP framework ・ Releasing articles like “XX from YY station” which we - Enhancement of media (Ekitan PICKS, Ekitan LOCAL, and Ekitan are
Slide 14: Media business: Ekitan regional media
Media business Ekitan My town as usual may be more convenient and interesting Regional media which provide information useful for housing/living around local information about outing and events Adding information about various events in each region In conjunction with strengthening relationship with
Slide 15: Media business: Ekitan Odekake-Lab
Media business Ekitan Odekake-Lab A website that gathers events information and distributes regional information Areas surrounding a station are analyzed using our own data and transfer information technologies Regional information is provided, such as recommended events and outing spots Releasing a
Slide 16: Media business: Adding information about each spot
Media business Adding information about each spot Featuring information about tourist spots Information about amusement parks and theme parks nationwide is provided Copyright© 駅探. All Rights Reserved 16
Slide 17: Solutions business: digital boarding tickets demonstration
Solutions business Took part in demonstration experiments of “digital boarding tickets + service usage” conducted by Tokyo Metro at every station of Marunouchi Line Purpose To make sales of tickets open and to realize external ticket sales by entities other than railway companies Demonstration exper
Slide 18: Solutions business: Esashi MaaS
Solutions business Adopted as a “Co-creation Model Operational Demonstration Project (2023)” sponsored by MLIT “Esashi MaaS” which is an earnings circularity model aiming at maintaining and revitalizing regional public transportation We have participated in the final demonstration experiment so that
Slide 19: Established EKITAN I&I Co., Ltd.
M&A/alliance strategy Established EKITAN I&I Co., Ltd. Joint venture established with ITL Holdings (a group company affiliated to Bold Investment which is a top shareholder of EKITAN) to strengthen investment/incubation business × fellow subsidiary of Bold Investment which is a top shareholder of EK
Slide 20: Section 3: Performance forecasts FY03/2024
Section３ Performance forecasts FY03/2024 Copyright© 駅探. All Rights Reserved 20
Slide 21: Higher revenues / Lower earnings (forecasts)
Performance forecasts (FY03/2024) Higher revenues / Lower earnings (forecasts) Advertisement Platform Business For growth of the next mainstay business in FY03/2025 and onward, various measures and investment should be carried out so that business foundation could be built up Mobility Support Busine
Slide 22: From the Stations
~ From the Stations ~ 【Contact for IR】 EKITAN Co., Ltd. IR staff These materials are intended only for providing information for reference concerning current business performance, and therefore investors are encouraged to make their final decisions on investment or any other matters based on their o