Toei Animation Co., Ltd. · TSE:4816
Toei Animation — Q3 FY2024.3 Earnings Presentation
21 slides from Toei Animation's earnings presentation, March 2024
Slide 1: Financial Results Supplementary Material
Financial Results Supplementary Material For Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024) Toei Animation Co., Ltd.
Slide 2: Contents
CONTENTS 01. Financial Results for Third Quarter Ended December 31, 2023 02. Outlook for FY2024.3 03. Future Business Prospects
Slide 3: 01. Financial Results for Third Quarter Ended December 31, 2023
0 1 . F i n a n c i a l R e s u l t s f o r T h i r d Q u a r t e r E n d e d D e c e m b e r 3 1 , 2 0 2 3
Slide 4: Financial Results Summary
Financial Results Summary ◼ Sales renewed the record for the April to December period. Operating income is the second highest following the previous fiscal year, when three major movie titles were released. ◼ The ripple effect of the three big hit movies released in the same period of the previous f
Slide 5: Year-on-Year Changes
Ye a r - o n - Ye a r C h a n g e s ◼ Net sales saw strong performance in the Sales of Goods Business and Other, but revenues declined for the Film and Licensing Businesses due to the reactionary decline from the strong sales from the three major movie titles released in the same period of the previ
Slide 6: FY2024.3 3Q Results Segment Breakdown
FY2024.3 3Q Results Segment Breakdown ◼ The Film segment saw a decrease in revenues and income due to the reactionary decline from the three major movie titles released in the same period of the previous fiscal year and the recording of losses on valuation related to “Knights of the Zodiac,” despite
Slide 7: FY2024.3 3Q Results Segment Analysis (1) Film
FY2024.3 3Q Results Segment Analysis (1) Film FY23/3. 3Q FY24/03. 3Q Film（ 9.6％ year on year） (Million Yen) Results Results • In the Movies segment, revenues decreased significantly due to the reactionary decline following Net Sales 65,064 67,117 sales of the big hit movies “Dragon Ball Super: SUPER
Slide 8: Trends in Film Overseas
Tr e n d s i n F i l m O ve r s e a s ◼ Sales of theatrical screening rights of the movie “THE FIRST SLAM DUNK” for Asia were strong despite the reactionary decline in the sales of theatrical screening rights of the movie “Dragon Ball Super: SUPER HERO” released in the same period of the previous fi
Slide 9: Film Business: Topics
F i l m B u s i n e s s : To p i c s 「Precure All Stars F the Movie」 「The Birth of Kitaro: The Mystery of GeGeGe」 ・Screening from September 15, 2023 ・Screening from November 17, 2023 ・Box-office revenue in Japan exceeded ¥1.45 billion ・Box-office revenue in Japan exceeded ¥2.3 billion ・Number of aud
Slide 10: FY2024.3 3Q Results Segment Analysis (2) Licensing, Sales of Goods, Others
FY2024.3 3Q Results Segment Analysis (2) Licensing, Sales of Goods, Others Licensing（ 3.6％ year on year） FY23.3 3Q FY24.3 3Q (Million Yen) Results Results • In domestic licensing, revenues remained flat due to the strong performance of game development and merchandising rights for “ONE PIECE,” despi
Slide 11: Trends in Domestic Licensing
Tr e n d s i n D o m e s t i c L i c e n s i n g ◼ Revenues declined as the sales of game development rights for the “Dragon Ball” series did not reach the momentum of the same period of the previous fiscal year. ◼ Revenues increased for “ONE PIECE,” with the strong sales of game development rights
Slide 12: Trends in Overseas Licensing
Tr e n d s i n O ve r s e a s L i c e n s i n g ◼ Sales of merchandising rights, including card games, performed strongly for “ONE PIECE,” mainly in North America and Europe due to increased recognition gained through exposure expansion measures over multiple years and the movie released in the same
Slide 13: Licensing, Sales of Goods, Others Businesses: Topics
L i c e n s i n g , S a l e s o f G o o d s , O t h e r s B u s i n e s s e s : To p i c s Domestic Licensing Overseas Licensing Sales of Goods ONE PIECE Bounty Rush ONE PIECE CARD GAME Mugiwara Store (Ikebukuro store) Ichibankuji ONE PIECE ONE PIECE Figure Precure Pretty Store(Osaka store) 13
Slide 14: FY2024.3 3Q Results Review
FY2024.3 3Q Results Review ◼ Sales renewed record high for the April to December period due to continued strong performance in the Sale of Goods Business from 1Q and also driven by the overseas distribution rights. ◼ Full-year earnings estimates are revised upwards due to the continued strong perfor
Slide 15: Balance Sheet Digest
Balance Sheet Digest ◼ Significant decrease in finished works due to the recording of valuation losses for “Knights of the Zodiac” in 1Q. ◼ “Other” for the current assets increased due to the tax refunds and increase in fair value of derivatives. (Million Yen） Account title 2023.3 2023.12 Change Acc
Slide 16: 02. Outlook for FY2024.3
02. Outlook for FY2024.3
Slide 17: FY2024.3 Revision of Earnings Estimates and Dividend - Consolidated
FY2024.3 Revision of Earnings Estimates and Dividend - Consolidated ◼ Revised upwards as sales of domestic distribution rights, merchandising rights, and Sales of Goods Business exceeded the initial forecast for the April to December period due to the continued ripple effect of the movies released i
Slide 18: 03. Future Business Prospects
03. Future Business Prospects
Slide 19: Title Portfolio
Title Portfolio FY2023～FY2026 Overseas market ２ 1 About 13 ・ハリウッド向け大型企画 ・Large IP projects titles Reinvestment About 16 titles ・Large-scale projects targeting Hollywood ・High-end CG projects ・リバイバル大型企画 of profits ・Large-scale revival projects ・TV/movie projects ・You Tube projects Existing New/Librar
Slide 20: Initiatives for medium- to long-term growth (work development)
Initiatives for medium- to long-term growth (work development) Activation of existing IPs Creating new IPs/ Library IPs Works from Hollywood-type business Works from business with Local production for local consumption Works for FY2023 ｢Spicy Candy｣ ｢Power of Hope ｢DIGIMON ADVNETURE 02 First project
Slide 21: Precautions regarding outlook
[Precautions regarding outlook] The contents described in this material are based on judgments and assumptions made with reference to information available as of the time of writing. The Company does not warrant that estimated figures, strategies or measures will necessarily be achieved. © I.T.PLANN