Slide 1: WOWOW FY2019 Results Presentation
W_O WO W 2019 ERG RU 20207 ER Sat HORS 20204 5 A15H tatstt WOWOW
Slide 2: Agenda
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Slide 3: FY2019 Results Summary: Subscribers
201IOFERE M191 kO TEDRADA RUS | SEAR O OIC mA eH LMIMEFORIY VY THRY 1 IDV YF PTIA UPYA-IAY-APREBABEEO BRIT, RRIVW 'S5-—+- Y4YASeason2) RE MFAMMALES| © BRISARREAREO 'SRKA-PYFIA BRICKED LOAF EHBA SMIRMADG oe © HEY —-CAZDOEBRICKNESRAEOMMOBRROBATWS TEMA, MBIAGTVIATIL ARRIEOZEBICKO. 2A. SARKRPEOAZR—Y PRR
Slide 4: FY2019 Results Summary: Financials
201IOFERE /M\TIThKO BURR C PERU, ERB Allee tea ic WS< (Ke) © TEASE RADRMYS AO, BIH e eR © RHA MSBARORMLSICKO. ARAL Heiwaalc © SARACRAA ie ssmRS | 2298 5A stb (347: BA) 2018 ELH 2019S ERM BUALE ALB 82,623 82,450 99.8% Ear 6,779 125.2% ew HRS 7,531 122.5% BAHRECRS S “Balla 5,182 97.9% [I @ 1 ttc OMAR
Slide 5: FY2019 Subscriber Numbers
2O1SHR MAK 20185 RMAF 660 ERIK 635 TERRA ATES 25 Saat EPRI A HERR 2,901 Pa) seeig" 415 PS) eRSERRSZHO? 64 2019FE A47 2,855 410 70 (esr A) BURA LCR AUER BUBALE AQ96 85.4% A24 96.1% AT2 - A47 98.4% A5 98.7% 6 109.6% "| A-RWSIC KES 2RNBC 3RHBOTYI NAVAS WREBR (AR2300AORENS EITC HS. HRSHRE) *2 HHBRORE CH
Slide 6: Subscriber Trend
Saat ERRINA TRL O HES (Siz: FHP) 3,000 2,901 2,876 2,855 2,805 2,823 2,500 mz me mR 2000 +48 : +19 +53 20154 20164 2017FE 20184E 20194
Slide 7: FY2019 Results Overview
2019 ER WSK (Siz : BAP) 201825 201 9% BUBBLES 2 AL aie BOBBLE % + ) 82623) 100.0% 100.0% Al?2 99.8% we = WN it 6,779 8.2% 1,710| 125.2% < £ 8 A 7,531 9.1% 1,694| 122.5% um a a| 8182, «6.3% A110, 97.9% % £ | 72951) 100.0% 100.0% A461 99.4% wa = # FH & 6,237 8.6% 1,695| 127.2% wK 2 #8 fl a 7,048 9.7%
Slide 8: Net Sales
Eis BURAXEL cltt _ si aia (Bt: BPD) 99.8% 85.000 g9623 82,450 80,000 75,000 70,000 65,000 60,000 55,000 2018F#E 2019FE (84: BF) wARe| 20lsee | 2019%e aBe A OBGMA 70,692 70,173 A518 ZO IRA 11,931 12,277 346 it 82,623 82,450 A172 Ete (84fir : BF) 80,000 75,000 72,951 72,489 70,000 65,000 60,000 55,000
Slide 9: Operating Profit Change Factors
tare tlm AUHRC OG RRR OHA (+) WYBA (A) HNKICES AAAS SUBRURA TR (S480 : APS) A518 BRAM +333 A196 Ott (3248 : 9,22585R) BUSAZ +1,694 (AURARG : 7,531 a5) *SBAROMBSHMM eC OBR, “+ OUBMRA Ene, BARAMISDOETTHO ET.
Slide 10: Program Costs
BE OPES BMRB 1 hILESICKO, BRC NY (ur:aam) 26,831 26,948 26,822 29,232 27,004 we: %) 30,000 /-788 70 604 685 666 615 25,000 20,000 15,000 10,000 5,000 Or 2015S4E 2016#E 2017#E 20184E 2019FE me A SURES mm RES ACS COWBBR LE (Bh) | BR lc HO SAA MUABER OL ) AMY, BRE *BUBILS STR PRG BMA /\U IY EXD y—ORB S
Slide 11: Results of Group Companies
ESR RASHOMRAR MWOWOWI532>7-YavR (FLVY-FFAYVY) (HL: BPS) 20184 2019FE BURA LEER if IRAE i WA LE GP ed BUBBLE = bt @ 8917 100.0% 149 101.7% 2 2 a a 358 4.0% A92, 74.3% € 8 WH a 369 4.1% A988 73.4% 4h He Fl 2 244 2.7% A67 72.4% *WOWOWAS 3 =7—-YaVREKORMETT . MWOWOWTDZ (GK) B £— a 5,060 100.0% 100.0% 172
Slide 12: Agenda
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Slide 13: UEFA EURO 2020
⚫2020 UEFA EURO 2020TM ⚫2020 8
Slide 14: FY2020 Initiatives
20207 8 Sst HOME Bes BOA Y TY VET yA FicCMMB NIRA STL, SRBEOMCESTSCeCMKREMNREABST GN weneay sy yoznt > TU. EC SNENORESED Lic, WOWOWRSTEOIY TY Y SiH >» DYLTII-.P-FAAbCCSKEAMT, BYE, MAEORL AVIFWIAY TY YONFE G8 rye sny-c20%% > BESEOMNBSERMLDIED, WOWOWXYN-AZA YT VYE IF —-EAZOULE > AVY-KIING ASML. BANBY-
Slide 15: Thorough Content Differentiation
Slide 16: FY2020 Subscriber Forecast
20205 MARTE (Ht: FHP) BURA LCR Os em 20204 ate BHA BUBALE RMA 564 66 111,7% REAR 611 19 103.2% TERA AFL A47 47 _ Sat DRA A TERK 2,855 0 100.0%
Slide 17: FY2020 Forecast Overview
202078 Isat (8a : BAR) 201 9%F BE 20204E BURA LER ez IMAL BAZ BU RAL % £: | 82450 100.0% 100.0% fPANNés(0) 97.9% w= ® fl it 8,489 10.3% A3,689 56.5% < £ 8 A 9,225 11.2% A4,225 54.2% uw H ae| 3072 6.2% A172, 65.1% % £ | 72,489 > 100.0% 100.0% 97.3% a = eH 7,932 10.9% 59.3% KR © BB NM 8,580 11.8% 59.4
Slide 18: FY2020 Capital Expenditure Plan
20207 ETB (F414) 2019 is als BE 1,684 YVIKVIP HAR 1,182 Bat 2,866 WM A 2,309 (fit: BAP) 202048 stifi 5,000 2,400 BS4K#OX VAT LE 7,400 3,000 Ene, BARAMISDOETTHO ET.
Slide 19: Shareholder Returns and Dividends
HARES SE (2017FE~20204E) tDElceDyT BARS BRREORH © HBAS T—CADERICE YO BRA KOMBO BRROBATWSTE CFSUCOYV FY -MROBEE CED D1ETE ee §8§©202058 SAL (2o2oF He) MIRE rs : : ata YTB Rat TEOMA ARK cen eas 3,000 A145 95.2% Ban LB can eo 925 A118 87.2% BAG M Hat nny 100 A50 50.0%
Slide 20: Appendix
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Slide 21: Subscriber Data
MARIE (at: #9) 21 eH Am | BOONE | MN MO OFKMSAt | AON SARA 148,201 133,757 281,958 119,945 401,903 162,012 aoe 159,986 142,904, 302,890 143,744 446,634 164,008 610,642 TEDRINA 3 411,785 AQ147, 20,932 23,799 A 44,731 A1,996 A46,727 ra) seaseH) A1,886 A446 A2,332 A1,978 A4310 A1,069 A5,379 vA) aeaRBAR
Slide 22: Subscriber Data (FY2018)
BUH (2018FE) MARIF (Bair: #F) S| DOSHHA 58 2 COHHA 5B 2 DOHA SR St 5 3 DOsHHA 58 3 DOHA SR St 58 4 HHA IRDA 151,551 195,416 346,967 142,245 489,212 170,979 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 Fl) ease"! A1,529 1,980 451 Al,24
Slide 23: Income Statement (Consolidated)
UXSctR i GEKA) (iz : BFA) BABAMA 70,692 85.6% 70,173 85.1% 99.3% SOMA 11,931 14.4% 12,277 14.9% 102.9% WF L Ri 49,616 60.1% 46,803 56.8% 94.3% TELA 33,006 39.9% 35,647 43.2% 108.0% Ill REBRO- PSS 26,227 31.7% 27,158 32.9% 103.5% Beale 6,779 8.2% 8,489 10.3% 125.2% IV Beat 755 0.9% 746 0.9% 98.8% SEI
Slide 24: Income Statement (Non-consolidated)
UXSctK (BAA) (#4 | BFA) 20184 BUBBLE BA BOAMA 70,692 96.9% 70,173 96.8% 99.3% EOLA 2,259 3.1% 2,316 3.2% 102.5% Wl BLM 43,641 59.8% 40,329 55.6% 92.4% ToL Aa 29,310 40.2% 32,160 44.4% 109.7% Ill ReBRO-PREES 23,072 31.6% 24,227 33.4% 105.0% IV BS NMat 813 1.1% 656 0.9% 80.6% SAS 34 0.0% 31 0.0% 89.2%
Slide 25: Cost Breakdown
BADR (Bf) (#4iz : BAA) ORLRGHOELKSAR BAB 29,232 27,004 92.4% RB aiees 5,500 5,113 93.0% ASRGASAR 22,943 21,275 92.7% LOWES 788 615 78.1% RHA 2,867 2,852 99.5% FOFILIAKA 2,613 2,643 101.1% ZO 8,927 7,829 87.7% il 43,641 40,329 92.4% QikTARO-KEBROELOAR Rees 1,000 868 86.8% REEF Bu 320 355 110.8% ARFAA
Slide 26: Non-operating and Extraordinary Items
IPRA DO AER (S47 | BAF) Ga) ‘sealelae BERANE 86.2% 57 9 15.9% - 0 - SO LSPA - 634 - Baek SLES - 585 - FULT SBA 10.7% (Bh) sesnlak BEREAN SRB EEO 41 2 5.4% ewe - 9 - AMES - 634 - BR SLStEPTA - 585 - SUL Zntn. BAAMSDIIETTHOET.
Slide 27: Results by Segment
WT XY BAUD (f7 : BAR) —_ CIXY hAE 70s (BF28) 20184 E 20194 E BUSALL 20184 2019 E BURALE ees 78,250 78,085 99.8% 6,420 8,222 128.1% FLY-FF4Y7 8,917 9,067 101.7% 358 266 74.3% ir 87,168 87,152 100.0% 6,779 8,489 125.2% HASERR OX) A4,545 A4,701 - - _ - i 82,623 82,450 99.8% 6,779 8,489 125.2% Ke LBOMBA
Slide 28: Balance Sheet (Consolidated)
(HL : FD) 2019% 3 A31 BRE 202043831 BR AURA & © Lew Ea Csoded # tintit MARE aR Le wHRE 61,488 66.4% 60,045 66.7% A1,443 97.7% Bene 31,066 33.6% 29,979 33.3% 1,087 96.5% HAA 31,611 34.2% 26,617 29.6% 14,993 84.2% BEAR 2.912 3.1% 2,850 3.2% 61 97.9% BAS 5,000 5.4% 5,000 5.6% - 100.0% BARRE 2,738 3.0%
Slide 29: Balance Sheet (Non-consolidated)
EYER (BA) (HL : FD) 2019% 3 A31 BRE 202043831 BR AURA & © Lew Ea Csoded ode ee aR Le wHRE 54,779 65.3% 53,090 65.5% A1,688 96.9% Bene 29,160 34.7% 27,928 34.5% Al,231 95.8% HAA 30.246 36.0% 25,316 31.2% 4,929 83.7% BEAR 2,233 2.7% 2,173 2.7% A60 97.3% BAS 5,000 6.0% 5,000 6.2% - 100.0% BARRE 2,738 3
Slide 30: Cash Flow Statement
wr vryya: 7O-tseSs (8860 : AF) 2018 | BEGHICkoevyyYa-7O- RSA AY MAMA 7A67 7,996 529 UTP, 3142. BET 3,055 2.641 A413 ALMEOMMAR (A : 0) 203 34 A168 TAREE OH (A: $800) 4,785 6,025 10,810 tL MBB OISRER (A : iad) 3,338 A5,267 A8,605 ZOtth A582 436 1,019 ay at 8,697 11,867 3,170 KARE O RMA 43,680 A1,885 1
Slide 31: Disclaimer and Contact
W_O WO W ©Wwowow : aki kondo/dwarf ABACK SESA 4AM iMORRP lS, WEAFL TWSIBRIC ES HMRORECBOWLATAREO RBLCHAD, UR PEREZ EA TUES. RRO, RAGBRIC KO CH SRBRBL CIMRESBREBISSCCECHMBE FSU RROMM(CVECSASSBR ld, 4MHRO4HTI-SRHOBRBME COR EARS, THOMABED BENTHVIET. Tete L, RMICHBESAGSBRISTNSICRESNSEOD TSEVIECA, ABMICH