Asahi Broadcasting Group Holdings Corporation · TSE:9405
Asahi Broadcasting — Q2 FY2021 Earnings Presentation
28 slides from Asahi Broadcasting's earnings presentation, Nov 15, 2021
Slide 1: Presentation for the Second Quarter of Fiscal 2021
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Asahi Broadcasting Group Holdings Corporation Presentation for the Second Quarter of
Slide 2: Matters to be reported
Matters to be reported Overview of Consolidated Financial Report for the Second Quarter of Fiscal 2021 ・Consolidated Results and Segment Information …P.３ ・Asahi Television Broadcasting Results …P.10 ▽Reference Materials …P.21 Capital Investments/Depreciation and Amortization, Results of Major Grou
Slide 3: Consolidated Results
Consolidated Results Susumu Okinaka Representative Director and President Asahi Broadcasting Group Holdings Corporation 3
Slide 4: Consolidated Results
Consolidated Results (Millions of yen) FY21/3 1H FY22/3 1H YoY % Change (Apr. to Sep. 2020) (Apr. to Sep. 2021) Net Sales 33,077 40,889 7,812 23.6% Operating Expenses 34,195 39,654 5,459 16.0% Cost of Sales 23,358 27,723 4,364 18.7% Details Selling, General and Administrative Expenses 10,836 11,930
Slide 5: Growth of Consolidated Results
Growth of Consolidated Results (Millions of yen) Net Sales Operating Income Point 39,280 40,228 40,889 Net Sales Although certain areas continued to feel 33,077 the impact of the COVID-19 pandemic, the trend toward recovery in the advertising market is becoming more pronounced, and streaming and o
Slide 6: Results by Segment
Results by Segment (Millions of yen) Net Sales FY21/3 1H FY22/3 1H YoY % Change (Apr. to Sep. 2020) (Apr. to Sep. 2021) ■Broadcasting* ・TV business spot revenue continued to Broadcasting and recover from the decline caused by the Content 26,329 33,954 7,625 29.0% COVID-19 pandemic. ・TV program strea
Slide 7: FY22/3 Consolidated Financial Results Forecasts
FY22/3 Consolidated Financial Results Forecasts (Millions of yen) FY21/3 FY22/3 FY 22/3 YoY % Change (actual) (as of May) (revised in Nov.) Net Sales 78,344 82,000 84,000 5,655 7.2％ Operating Income 2,694 2,300 2,900 205 7.6％ Ordinary Income 3,033 2,500 3,200 166 5.5％ ー Profit Attributable to Owners
Slide 8: Financial Results Forecasts by Segment
Financial Results Forecasts by Segment Operating Operating ■Broadcasting Net Sales Net Sales (1.2 billion yen increase vs. （as of May） (revised in Nov.) Income Income forecast announced in May) （as of May） (revised in Nov.) ・Spot revenues are improving more than projected with the recovery in Broadc
Slide 9: Dividends
Dividends Interim dividend Year-end dividend 30 28 26 25 20 20 18 18 18 16 18 17 15 12 10 13 9 9 12 10 10 9 10 6 7.5 5 4.5 5 9 9 10 10 9 6 6 5 7 4.5 4.5 0 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 20/3 21/3 22/3 (FY) 9
Slide 10: ABC TV Results
ABC TV Results Shinya Yamamoto Representative Director and Vice-President Asahi Broadcasting Group Holdings Corporation Representative Director and President Asahi Television Broadcasting Corporation 10
Slide 11: ABC TV Results
ABC TV Results (Millions of yen) FY21/3 1H FY22/3 1H YoY % Change (Apr. to Sep. 2020) (Apr. to Sep. 2021) Net Sales 21,726 26,197 4,470 20.6% Operating Expenses 23,354 25,833 2,478 10.6% Cost of Sales 14,596 16,285 1,688 11.6% Details Selling, General and Administrative Expenses 8,757 9,547 789 9.0%
Slide 12: Growth of ABC TV Results
Growth of ABC TV Results (Millions of yen) Net Sales Point Operating Income Net Sales 27,887 28,311 Significant improvement, 26,197 although not back to pre-COVID- 19 levels. While the impact of COVID-19 21,726 continues to affect some markets, the advertising market, in which our mainstay adverti
Slide 13: Details of ABC TV Revenue
Details of ABC TV Revenue (Millions of yen) ■Broadcasting Revenue FY21/3 1H FY22/3 1H ※ Recorded in the broadcasting business in the (Apr. to Sep. 2020) (Apr. to Sep. 2021) consolidated financial results (reference) Mainly advertising revenue obtained through Broadcasting broadcasting (including rev
Slide 14: Growth of ABC TV Major Broadcasting Revenues
Growth of ABC TV Major Broadcasting Revenues ■Spot* FY19/3 FY20/3 FY21/3 FY22/3 ・ Up 28.4% YoY 1H 1H 1H 1H * See the following pages for more details. (Apr. to Sep. (Apr. to Sep. (Apr. to Sep. (Apr. to Sep. 2018) 2019) 2020) 2021) ■Network (Time) ・ Down 5.5% YoY Spot 15,757 15,340 11,045 14,178 ・The
Slide 15: Spot Revenue of TV Business (Quarterly performance)
Spot Revenue of TV Business (Quarterly performance) FY20/3 (Millions of yen) FY21/3 FY22/3 8,464 8,077 8,028 7,312 8,053 7,905 7,584 6,594 5,369 5,675 1Q 2Q 3Q 4Q (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Mar) The willingness of many advertisers to place advertisements is returning, and both the first qu
Slide 16: Spot Revenue of TV Business (By Top Industries)
Spot Revenue of TV Business (By Top 20 Industries） FY21/3 1H (Apr. to Sep. 2020) FY22/3 1H (Apr. to Sep. 2021) Industry YoY Composition rate YoY Composition rate Transportation/ Leisure/ Food Services / 59.7% 10.1% 154.5% 12.1% Services Foods 79.3% 11.7% 109.6% 10.0% Beverages / Liquors 75.6% 9.0% 1
Slide 17: Television Viewer Ratings in Kansai Region (Individual)
Television Viewer Ratings in Kansai Region for Apr-Sep 2021* [ Individual (ALL) ] All Day Golden Time Prime Time Prime 2 (6:00-24:00) (19:00-22:00) (19:00-23:00) (23:00-25:00) YTV YTV ABC・YTV YTV １ 4.2% 6.4% 6.2% (-0.6) 3.5% ABC・KTV NHK ＊＊＊ ABC ２ 3.9% (-0.3) 6.3% ＊＊＊ 2.9% (-0.3) ＊＊＊ ABC KTV KTV ３ ＊＊
Slide 18: FY2021 1H Notable Results
FY2021 1H (Apr-Sep 2021) Notable Results The brand power of local programs for Kansai region has been increasing ▶Ohayo Asahi Desu（airs on weekday morning 5:00-8:00） October 2020 expansion and redesign led to rising U49* viewership. No.1 across the board in viewer ratings during the first half, cont
Slide 19: FY2021 2H Initiatives
FY2021 2H (Oct 2021-Mar 2022) Initiatives Strengthen our content for U49 ▶Anata no Kawari ni Mitekimasu! Riatotsu WEST（airs on Sunday afternoon 13:25-13:55） We began broadcasting an experiential documentary/variety nationwide program in October in place of Attack 25, a program loved by viewers for 4
Slide 20: This page left intentionally blank in the English version
This page left intentionally blank in the English version. 20
Slide 21: Reference Materials
21 Reference Materials INTE
Slide 22: Capital Investments/Depreciation and Amortization
Capital Investments/Depreciation and Amortization FY21/3 1H FY22/3 1H (Apr. to Sep. 2020) (Apr. to Sep. 2021) Consolidated ABC TV Consolidated ABC TV Capital ¥0.8 billion ¥0.6 billion ¥3.3 billion ¥2.8 billion Investments Depreciation and ¥1.5 billion ¥0.7 billion ¥1.6 billion ¥0.8 billion Amortizat
Slide 23: Major Group Companies: Broadcasting Business
Major Group Companies① <Broadcasting Business> ※Non-consolidated ABC Radio sky-A（CS broadcasting） Net Sales Operating Income 1,669 1,698 1,732 1,254 1,306 1,486 1,057 1,068 274 18 55 -45 38 -91 -70 -55 (FY) 19/3 1H 20/3 1H 21/3 1H 22/3 1H (FY) 19/3 1H 20/3 1H 21/3 1H 22/3 1H 23
Slide 24: Major Group Companies: Content Business
Major Group Companies② <Content Business> ※Non-consolidated (Millions of yen) ABC FRONTIER ABC Animation MASH ABC FRONTIER split off subsidiary ABC Animation in FY22/3. No figures are available for ABC FRONTIER for FY21/3 or earlier. Net Sales Operating Income 1,130 809 740 810 687 642 659 237 272 3
Slide 25: Major Group Companies: Lifestyle Business
Major Group Companies③ <Lifestyle Business> ※Non-consolidated (Millions of yen) ABC Development ABC GOLF CLUB Net Sales Operating Income 539 467 436 371 6,317 5,528 2 60 5,471 -1 -68 4,774 (FY) 19/3 1H 20/3 1H 21/3 1H 22/3 1H ABC Media Communications 493 1,514 1,632 446 465 1,411 1,187 154 96 63 68
Slide 26: Television Viewer Ratings in Kansai Region (Household)
Television Viewer Ratings in Kansai Region for Apr-Sep 2021* [ Household ] All Day Golden Time Prime Time Prime 2 (6:00-24:00) (19:00-22:00) (19:00-23:00) (23:00-25:00) YTV NHK ABC YTV １ 7.6% 11.0% 10.7% (-1.2) 6.6% ABC YTV YTV ABC ２ 7.1% (-0.7) 10.3% 10.1% 5.5% (-0.6) KTV ABC NHK KTV ３ 7.0% 10.2% (
Slide 27: ANN's TV Network
ANN’s TV Network Asahi Television Broadcasting Corporation 21.59 million people 10.18 million households TV Asahi Corporation 43.61 million people 20.92 million households 27
Slide 28: Disclaimer
Disclaimer The financial results in the period in this presentation are determined on the information available at the moment and are based on the assumption that the Japanese economy will gradually recover. As a result, the information in this presentation contains inherent risks and uncertainties.
Asahi Broadcasting Group Holdings — Q2 FY2021 Earnings Presentation on 6ix