Hakuhodo Dy Holdings Incorporated · TSE:2433
Hakuhodo Dy — Investor Presentation (2023)
14 slides from Hakuhodo Dy's investor presentation, 2023
Slide 1: Progress of the Medium-Term Business Plan
Good afternoon. My name is Masayuki Mizushima, and I am the Representative Director & President of Hakuhodo DY Holdings Inc. Please allow me to explain the progress we are making with the Hakuhodo DY Group’s (Group) Medium-Term Business Plan (MTBP). 0
Slide 2: Revised Medium-Term Business Plan overview
In May 2019, the Group announced the current MTBP, which runs through to the end of FY2023, and since then has been moving forward with a variety of initiatives in accordance with the plan. However, due to dramatic changes in the business environment caused by the impact of the COVID-19 pandemic, we
Slide 3: FY2022 financial performance
First, I will explain the financial performance for FY2022. Gross profit after adjustments, which excludes the impact of investment projects, has increased with CAGR of 13.5%, compared with the base year (FY2020) due to recovery in advertising demand as well as the impact of foreign exchange and the
Slide 4: Operating income and ROE before goodwill amortization
Next, operating income before amortization of goodwill including investment projects has achieved double-digit growth since the base year, reaching ¥71.4 billion. ROE before amortization of goodwill has been maintained at a double-digit level, despite a decrease in extraordinary income compared with
Slide 5: Four new initiatives under the revised MTBP
Moving on, I will explain in order the details of our efforts to strengthen the Group’s structure and response capabilities, focusing particularly on the four new initiatives adopted under the revised MTBP. 4
Slide 6: Strategic investments to accelerate transformation
I will start by talking about the strategic investments needed to accelerate the transformation of our services and business infrastructure. As I mentioned in the beginning of my presentation, we are executing ongoing strategic investments during the three-year period up to FY2023 in order to solidi
Slide 7: Transform the services we provide
Next, I will explain the progress we are making with the first initiative, “Transform the services we provide.” First, I will talk about expanding marketing execution domains. Gross profit in marketing execution domains has grown with CAGR of around 10%, from the base year, even excluding the tempor
Slide 8: Transforming our media business
Next, allow me to talk about transforming our media business. Billings in the internet domain, which we position as an indicator of progress for transforming our media business, have grown with CAGR of 15.2%, compared with the base year due to not only the growth in existing businesses, such as our
Slide 9: Strengthen cross-organizational functions
Now let me provide an explanation on the second initiative, “Strengthen cross- organizational functions to accelerate transformation.” In April 2022, we established Hakuhodo Technologies Inc., as a company specializing in technological development. Following on from that, in April 2023 we establishe
Slide 10: Hakuhodo DY Corporate Initiative
At Hakuhodo DY Corporate Initiative, we are bringing together personnel responsible for corporate functions at each Group company. We are also working to enhance the capabilities of our corporate functions through talent acquisition and development and pursue synergies as a cross-organizational func
Slide 11: Strengthen response capabilities for borderless corporate activities
Moving on, I will explain the third initiative, “Continuously pursue transformation based on existing strategies.” I will start by talking about “Strengthen response capabilities for borderless corporate activities.” Gross profit from our overseas businesses, which we use as an indicator of progress
Slide 12: Accelerate innovation through external collaborations
Moving ahead, I will now talk about “Accelerate innovation through external collaborations.” To provide support for companies entering the thriving web3 market, we established a new company that develops web3 services with other companies while working together with a Japan-based public blockchain d
Slide 13: Strengthen foundation for sustainable business management
The fourth initiative is “Strengthen our foundation for sustainable business management.” In an effort to realize the Group ’s sustainability goal, we have formulated the Diversity, Equity & Inclusion Policy. Guided by this policy, we will create new value for sei-katsu-sha and society as a whole th
Slide 14: Closing remarks
This concludes my explanation on the progress of our MTBP but please allow me to say a few words in closing. The Japanese economy in FY2022 lacked strength due to the impacts of rapid inflation and yen depreciation. While the outlook in FY2023 and onwards remains unclear, there have been promising t