Valuecommerce Co., Ltd. · TSE:2491

Valuecommerce — FY2006 Earnings Presentation

34 slides from Valuecommerce's earnings presentation, Feb 15, 2007

  1. Slide 1: 2006年12月期 決算説明資料

    2491 2006 12 2007 2 15 Copyright © 2007, ValueCommerce Co.,Ltd.

  2. Slide 2: Copyright © 2007, ValueCommerce Co.,Ltd.

    -1 2006 12 -2 2007 12 Copyright © 2007, ValueCommerce Co.,Ltd. 2

  3. Slide 3: 2006年12月期 決算概況

    -1 2006 12 Copyright © 2007, ValueCommerce Co.,Ltd. 3

  4. Slide 4: 2006年度 連結損益計算書

    2006 12 2005 12 2006 12 (%) (%) (%) (%) 4,049 100.0 5,331 100.0 31.6 98.3 1,678 41.4 2,307 43.3 37.5 2,371 58.6 3,024 56.7 27.5 2,137 52.8 2,483 46.6 16.2 233 5.8 541 10.1 132.2 231 5.7 507 9.5 119.5 92.2 173 4.3 547 10.2 216.2 110.1 EPS 2,093.64 6,169.09 194.7 112.3 BPS 16,839.56 39,644.19 135.4 84

  5. Slide 5:  ASP  Yahoo!

     ASP  Sozon    Yahoo!    Copyright © 2007, ValueCommerce Co.,Ltd. 5

  6. Slide 6: 2006年度 単体損益計算書

    2006 12 2005 12 2006 12 (%) (%) (%) (%) 3,591 100.0 4,967 100.0 38.3 100.8 1,435 41.4 2,065 41.5 43.9 2,155 58.6 2,902 58.5 34.7 1,877 52.3 2,283 46.0 21.6 278 7.7 619 12.5 122.7 272 7.6 572 11.5 110.3 104.2 87 2.4 617 12.4 609.2 103.9 EPS 1,052.73 6,960.66 561.2 106.0 BPS 15,954.65 39,690.24 148.8

  7. Slide 7: ASP・SEO別売上高

    2005 12 2006 12 (%) (%) ASP 2,061 50.9 2,420 45.4 359 1,542 38.1 2,558 48.0 1,016 SEO 86 2.1 353 6.6 267 360 8.9 4,049 100.0 5,331 100.0 1,282 Copyright © 2007, ValueCommerce Co.,Ltd. 7

  8. Slide 8: ASP 四半期売上高推移

    ASP 1,500 1,500 1,000 1,000 500 500 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1,310 1,306 1,343 1,372 1,175 1,211 1,275 1,306 ASP 593 595 614 618 ASP 580 597 614 618 595 614 661 688 595 614 661 688 SEO 122 97 68 66 Copyright © 2007, ValueCommerce Co.,Ltd. 8

  9. Slide 9: ASP・SEO 売上構成比

    100% 100% 50% 50% 0% 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 A SP 45.3% 45.6% 45.7% 45.0% A SP 49.4% 49.3% 48.2% 47.3% 45.4% 47.0% 49.2% 50.1% 50.6% 50.7% 51.8% 52.7% SEO 9.3% 7.4% 5.1% 4.8% Copyright © 2007, ValueCommerce Co.,Ltd. 9

  10. Slide 10: 四半期推移

    700 100% 700 100% 600 600 80% 80% 500 500 60% 60% 400 400 300 300 40% 40% 200 200 20% 20% 100 100 0 0% 0 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 472 538 605 692 411 481 533 640 36.0% 41.2% 45.0% 50.4% 35.0% 39.7% 41.8% 49.0% Copyright © 2007, ValueCommerce Co.,Ltd. 10

  11. Slide 11: 四半期推移

    800 100% 800 100% 80% 80% 600 600 60% 60% 400 400 40% 40% 200 200 20% 20% 0 0% 0 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 581 588 607 708 524 531 579 650 357 394 379 435 338 375 357 409 44.4% 45.0% 45.2% 51.6% 44.6% 43.8% 45.4% 49.8% Copyright © 2007, ValueCommerce Co.,Ltd. 11

  12. Slide 12: 四半期利益推移

    600 30% 600 30% 400 20% 400 20% 200 10% 200 10% 0 0% 0 0% -200 -10% -200 -10% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 265 157 108 -23 241 178 138 15 250 145 119 33 312 161 137 7 20.2% 12.0% 8.0% -1.7% 20.5% 14.7% 10.8% 1.1% Q2 Q3 Q4 Copyright © 2007, ValueCommerce Co.,Ltd. 12

  13. Slide 13: 四半期KPI推移

    250 10 250 10 200 8 200 8 150 6 150 6 100 4 100 4 50 2 50 2 0 0 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 1,310 1,306 1,344 1,372 1,175 1,211 1,275 1,306 163 165 179 194 147 149 163 175 22 37 40 40 22 22 23 28 1 7.1 6.5 6.1 5.9 1 7 7.1 6.9 6.4 Copyright © 2007, ValueCommerce Co.,Ltd. 13

  14. Slide 14: 貸借対照表

    2005 12 2006 12 (%) (%) 1,771 70.2 4,148 84.8 2,377 752 29.8 744 15.2 8 2,523 100.0 4,892 100.0 2,369 873 80.0 984 83.2 111 218 20.0 199 16.8 19 1,091 100.0 1,183 100.0 92 832 58.1 1,703 45.9 871 586 40.9 2,003 54.0 1,417 7 0.5 2 0.1 9 0 0.0 0 0.0 0 7 0.5 5 0.1 2 1,432 100.0 3,709 100 2,277 2,523 4,

  15. Slide 15: キャッシュ・フロー

    2005 12 2006 12 627 527 100 451 319 132 372 1,740 1,368 566 1,115 549 1,115 3,064 1,949 Copyright © 2007, ValueCommerce Co.,Ltd. 15

  16. Slide 16: Copyright © 2007, ValueCommerce Co.,Ltd.

    -2 Copyright © 2007, ValueCommerce Co.,Ltd. 16

  17. Slide 17: 市場規模推移

    6,000 1,200 5,000 1,000 4,000 20 800 3,000 600 2,000 400 1,000 0 200 2005 2006 2007 2008 2009 0 2005 2006 2007 2008 2005 2006 2007 2008 2009 300 440 554 666 775 2005 2006 2007 2008 119 131 140 146 150 13 25 45 80 139 PC 251 397 585 819 590 754 927 1,106 1,292 62 112 175 245 1,700 2,071 2,477 2,888 3

  18. Slide 18: 沿革・トピックス

    2006 1 30 10 12 2 4 6 8 10 12 2 4 6 8 10 12 3 5 7 9 11 1 3 5 7 9 10 12 2002 2003 2004 2005 2006 Copyright © 2007, ValueCommerce Co.,Ltd. 18

  19. Slide 19: EC 売上推移

    EC 2,000 508 1,500 190 210 85 82 86 84 1,000 1,084 1,150 1,097 1,160 500 0 Q1 Q2 Q3 Q4 Copyright © 2007, ValueCommerce Co.,Ltd. 19

  20. Slide 20: EC 業種別構成

    EC 2006 2% 8% 5% 11% 9% 13% 4% 6% 2% 5% 35% Copyright © 2007, ValueCommerce Co.,Ltd. 20

  21. Slide 21: Yahoo! JAPAN 関連

    Yahoo! JAPAN 1 Yahoo! JAPAN 130,000 Yahoo! JAPAN 1 Total Total 317 359,000 ValueCommerce ValueCommerce 187,000 187 Q3 Q4 Copyright © 2007, ValueCommerce Co.,Ltd. 21

  22. Slide 22: 2007年12月期 業績予想

    2007 12 Copyright © 2007, ValueCommerce Co.,Ltd. 22

  23. Slide 23: 2007年12月期 業績予想

    2007 12 2006 12 2007 12 (%) (%) (%) 5,331 100.0 6,561 100.0 1,230 23.1 507 9.5 547 8.3 40 7.9 547 10.3 268 4.1 279 51.0 Copyright © 2007, ValueCommerce Co.,Ltd. 23

  24. Slide 24: ASP・SEO別売上予想

    2006 12 2007 12 (%) (%) ASP 2,420 45.4 2,977 45.4 557 2,558 48.0 3,039 46.3 481 SEO 353 6.6 545 8.3 192 5,331 100.0 6,561 100.0 1,230 Copyright © 2007, ValueCommerce Co.,Ltd. 24

  25. Slide 25: 事業戦略

     ASP  ASP   SEO SEM SEM SOZON  2006 Copyright © 2007, ValueCommerce Co.,Ltd. 25

  26. Slide 26: SEO・M&A戦略

      E   (SEO) SEO  M&A SNS E-Commerce M&A M&A Copyright © 2007, ValueCommerce Co.,Ltd. 26

  27. Slide 27: Copyright © 2007, ValueCommerce Co.,Ltd.

    Copyright © 2007, ValueCommerce Co.,Ltd. 27

  28. Slide 28: EC API 展開

    EC API Application Program Interface) EC EC EC     SNS  Copyright © 2007, ValueCommerce Co.,Ltd. 28

  29. Slide 29: Copyright © 2007, ValueCommerce Co.,Ltd.

    Copyright © 2007, ValueCommerce Co.,Ltd. 29

  30. Slide 30: Yahoo! 関連サービス

    Yahoo! Yahoo! Yahoo! A 1 B 5000 A 50 (5000 1 ) 15 (50 30 ) 65 ( ) B 5000 1 50 Copyright © 2007, ValueCommerce Co.,Ltd. 30

  31. Slide 31: RSS 連携サービス

    RSS 2.0 RSS 2.0 EC RSS RSS RSS EC RSS 2.0 : EC EC RSS     Copyright © 2007, ValueCommerce Co.,Ltd. 31

  32. Slide 32: Yahoo! 関連サービス

    Yahoo! Yahoo! Yahoo! ahoo! 1 6 Yahoo!  12,407 2006 9   Yahoo!  Copyright © 2007, ValueCommerce Co.,Ltd. 32

  33. Slide 33: SearchPro™

    SearchPro™ SearchPro™ SEO SearchPro™ • • • • • • SearchPro™   1,000    2 Copyright © 2007, ValueCommerce Co.,Ltd. 33

  34. Slide 34: Copyright © 2007, ValueCommerce Co.,Ltd.

    Copyright © 2007, ValueCommerce Co.,Ltd. 34

ValueCommerce Co.,Ltd. — FY2006 Earnings Presentation on 6ix