Adways, Inc. · TSE:2489
Adways — FY2020 Earnings Presentation
65 slides from Adways's earnings presentation, May 13, 2021
Slide 1: FY2020 Full Year Presentation Material
MAY 2021 PRESENTATION FY MATERIAL MAY 13, 2021 2020 FULL YEAR 2021 3 2489 2021 5 13
Slide 2: Chapters
1. ...P.5 2. 4 ...P.17 3. ...P.27 4. ...P.29 5. ...P.36 6. ...P.54 chapter Copyright © Adways Inc. All Rights Reserved. 2
Slide 3: Copyright © Adways Inc. All Rights Reserved.
2021 2 16 2021 6 24 21 22 ( ) 2 1 2021 7 1 Copyright © Adways Inc. All Rights Reserved. 3
Slide 4: 4Q 3Q Copyright © Adways Inc. All Rights Reserved.
2021 2 16 2021 2 26 3,312,100 7.96% 2,999,996,300 3,000 2021 2 18 2021 2 25 2021 3 3 2021 3 4 25 62 [ ] 2021 3 4Q 2021 3 3Q 11,223 13,785 ▲2,562 ▲18.6% ※ 61 Copyright © Adways Inc. All Rights Reserved. 4
Slide 5: Chapter 1: Full Year FY2020 results
Fourth quarter Chapter1 : Full Year FY2020 results 1 . Copyright © Adways Inc. All Rights Reserved. 5
Slide 6: 2021 [ ] ※1 47,200 1,230 1,400 49,020 1,626 1,866 1,422 ※2 103.9% 132.2%
2021 3 [ ] ※1 47,200 1,230 1,400 900 49,020 1,626 1,866 1,422 ※2 103.9% 132.2% 133.3% 158.0% ※1 2021 2 10 ※2 2 QR Copyright © Adways Inc. All Rights Reserved. 6
Slide 7: Copyright © Adways Inc. All Rights Reserved.
[ ] 2021 3 2020 3 49,020 37,304 +11,716 +31.4% 8,767 6,504 +2,262 +34.8% 7,141 6,307 +833 +13.2% 1,626 197 +1,428 +724.9% 1,866 406 +1,459 +358.7% 1,422 164 +1,257 +763.4% 117 16 31.4% 14 28 724.9% Copyright © Adways Inc. All Rights Reserved. 7
Slide 8: Copyright © Adways Inc. All Rights Reserved.
49,020 42,329 41,501 41,857 1,626 39,613 37,304 35,890 1,320 31,521 1,057 22,639 860 847 688 17,972 687 722 15,907 13,157 413 8,302 315 299 4,919 4,918 221 197 204 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 07 17 20 08 09 10 12 13 15 21 1 18 19 14 16 1 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 517 Copyright ©
Slide 9: UNICORN QR Web
417 47 49,020 87 26.3 50,000 259 30 45,000 37,304 72 85 39.1% 40,000 UNICORN 35,000 QR 30,000 158 16 PCWeb Web 25,000 14 14 9.8% 20,000 15,000 10,000 59 17 5,000 27 14 84.8% 0 EC 2020 3 2021 3 12 2021 3 Copyright © Adways Inc. All Rights Reserved. 2020 1 12 9
Slide 10: UNICORN VOD QR
259 30 25,930 25,000 72 85 39.1% 18,645 20,000 UNICORN VOD 15,000 39.1% 10,000 5,000 QR 0 2020 3 2021 3 59 17 25,000 27 14 84.8% 20,000 84.8% 15,000 10,000 5,917 EC 3,202 5,000 12 2021 3 0 2020 1 12 2020 3 2021 3 Copyright © Adways Inc. All Rights Reserved. 10
Slide 11: Copyright © Adways Inc. All Rights Reserved.
87 67 49,020 50,000 22 62 34.8% 17.9% 0.5 37,304 40,000 30,000 17.9% 17.4% 20,000 8,767 10,000 6,504 0 2020 3 2021 3 Copyright © Adways Inc. All Rights Reserved. 11
Slide 12: Copyright © Adways Inc. All Rights Reserved.
7,141 71 41 7,000 8 33 13.2% 6,307 14.6% 2.3 6,000 4 54 5,000 4,000 3,000 16.9% 2,000 14.6% 1,000 0 2020 3 2021 3 Copyright © Adways Inc. All Rights Reserved. 12
Slide 13: Copyright © Adways Inc. All Rights Reserved.
1,800 1,626 16 26 1,600 14 28 724.9% 3.3% 2.8 1,400 1,200 1,000 800 600 3.3% 400 197 200 0.5% 0 2020 3 2021 3 Copyright © Adways Inc. All Rights Reserved. 13
Slide 14: Copyright © Adways Inc. All Rights Reserved.
1,866 2,000 1,600 1,422 1,800 1,400 1,600 1,200 1,400 1,200 1,000 1,000 800 800 600 2.9% 600 406 3.8% 400 400 164 200 1.1% 200 0.4% 0 0 2020 3 2021 3 2020 3 2021 3 18 66 14 22 14 59 358.7% 12 57 763.4% 3.8% 2.7 2.9% 2.5 Copyright © Adways Inc. All Rights Reserved. 14
Slide 15: Copyright © Adways Inc. All Rights Reserved.
37 43 1,866 179 2,000 1,626 1,800 1,600 の19 1,400 1,200 1,000 800 600 400 200 0 1 79 19 37 43 Copyright © Adways Inc. All Rights Reserved. 15
Slide 16: Copyright © Adways Inc. All Rights Reserved.
2,500 326 1,866 2,000 の120 1,422 1,500 の650 1,000 500 0 3 26 1 20 6 50 Copyright © Adways Inc. All Rights Reserved. 16
Slide 17: Chapter 2: Fourth quarter results
4 Chapter2 : Fourth quarter results 2 . Copyright © Adways Inc. All Rights Reserved. 17
Slide 18: Copyright © Adways Inc. All Rights Reserved.
[ ] 2021 3 2020 3 4 2021 3 3 4 15,566 10,155 +5,411 +53.3% 11,961 +3,605 +30.1% 2,580 1,854 +726 +39.2% 2,192 +388 +17.7% 2,034 1,656 +377 +22.8% 1,795 +238 +13.3% 546 198 +348 +175.9% 396 +149 +37.7% 560 264 +295 +111.6% 438 +121 +27.8% 514 309 +205 +66.6% 315 +199 +63.2% 54 11 53.3% 3 48 175.9% 36
Slide 19: 2020/4Q 2021/1Q 2019/3Q
2019 3 3 15,566 11,961 11,489 546 10,038 10,155 10,003 493 9,330 9,026 8,997 9,125 396 198 189 121 103 34 4 2019/3Q 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q 109 Copyright © Adways Inc. All Rights Reserved. 19
Slide 20: QR Web PCWeb
130 68 15,566 32 30 32.8 16,000 77 56 14,000 13 47 21.0% 11,961 12,000 QR 10,000 53 12 PCWeb Web 8,000 18 82 54.9% 6,000 4,000 20 97 2,000 3 53 20.2% 0 EC 2021/3Q 2021/4Q 12 2021 3 4 Copyright © Adways Inc. All Rights Reserved. 10 12 20
Slide 21: 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved.
15,566 16,000 25 80 3 88 17.7% 14,000 16.6% 1.7 11,961 12,000 10,000 18.3% 8,000 16.6% 6,000 4,000 2,580 2,192 2,000 0 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 21
Slide 22: 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved.
2,034 20 34 2,000 2 38 13.3% 1,795 13.1% 1.9 1,500 1 14 1,000 15.0% 13.1% 500 0 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 22
Slide 23: 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved.
600 546 5 46 1 49 37.7% 500 3.5% 0.2 396 400 300 3.5% 3.3% 200 100 0 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 23
Slide 24: 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved.
560 600 600 514 500 438 500 400 400 315 300 300 3.3% 200 200 2.6% 3.7% 3.6% 100 100 0 0 2021/3Q 2021/4Q 2021/3Q 2021/4Q 5 60 5 14 1 21 27.8% 1 99 63.2% 3.6% 0.1 3.3% 0.7 Copyright © Adways Inc. All Rights Reserved. 24
Slide 25: Copyright © Adways Inc. All Rights Reserved.
700 43 546 560 600 の9 500 の20 400 300 200 100 0 43 9 20 Copyright © Adways Inc. All Rights Reserved. 25
Slide 26: Copyright © Adways Inc. All Rights Reserved.
900 19 195 800 700 の11 560 600 514 500 の249 400 300 200 100 0 195 11 19 249 Copyright © Adways Inc. All Rights Reserved. 26
Slide 27: Chapter 3: Shareholder returns
3 Chapter3 : Shareholder returns . Copyright © Adways Inc. All Rights Reserved. 27
Slide 28: Copyright © Adways Inc. All Rights Reserved.
20 1 1 2021 3 1 8 42 20% 1 2 60 20% 1 7 42 1 1 00 Copyright © Adways Inc. All Rights Reserved. 28
Slide 29: Chapter 4: Forecasts
4 Chapter4 : Forecasts . Copyright © Adways Inc. All Rights Reserved. 29
Slide 30: Copyright © Adways Inc. All Rights Reserved.
2021 4 22 3 31 12 31 12 31 12 31 2021 6 24 21 Copyright © Adways Inc. All Rights Reserved. 30
Slide 31: Copyright © Adways Inc. All Rights Reserved.
2021 4 22 2021 12 9 12 12 2021 2022 1 3 4 6 7 9 10 12 1 3 - 1 2 3 1 3 1 2 3 1 12 2022 12 2022 1 1 2022 12 31 12 Copyright © Adways Inc. All Rights Reserved. 31
Slide 32: Copyright © Adways Inc. All Rights Reserved.
2021 12 ( 29 ) 2021 12 Copyright © Adways Inc. All Rights Reserved. 32
Slide 33: ※1 P31 Copyright © Adways Inc. All Rights Reserved.
2021 12 [ ] 2021 12 38,183 490 580 170 9 ※1 2021 3 34,468 1,131 1,392 962 9 ※2 2021 3 9 +10.8% ▲56.7% ▲58.4% ▲82.3% ※3 2021 12 7,500 490 580 170 9 ※1 ※1 P31 9 12 ※2 2021 3 ( 12 ) 9 4 12 ※3 2 Copyright © Adways Inc. All Rights Reserved. 33
Slide 34: Copyright © Adways Inc. All Rights Reserved.
2021 12 7.1 2021 12 9 7.1 4.9 12 2021 3 9 11.3 較 Copyright © Adways Inc. All Rights Reserved. 34
Slide 35: Copyright © Adways Inc. All Rights Reserved.
2021 12 2021 12 3 2021 12 2023 12 1 22 21% 1 1 2 70 10 1 3 2021 12 2023 12 22 23 24 2021 12 2022 12 2023 12 21% 22% 23% 1 2 70 1 2 80 1 2 90 3 31 12 31 30 Copyright © Adways Inc. All Rights Reserved. 35
Slide 36: Chapter 5: Business overview
Fourth quarter 5 Chapter5 : business overview . Copyright © Adways Inc. All Rights Reserved. 36
Slide 37: COVID-19
(COVID-19) 2021 3 3 2021 3 4 4 c 4 c 3 VOD 4 c 4 c 2 3 3 Copyright © Adways Inc. All Rights Reserved. 37
Slide 38: COVID-19
(COVID-19) 2021 3 3 2021 3 4 12 4 10 12 4 c 4 c 3 ( 4 c Copyright © Adways Inc. All Rights Reserved. 38
Slide 39: Fourth quarter
Fourth quarter Copyright © Adways Inc. All Rights Reserved. 39
Slide 40: Copyright © Adways Inc. All Rights Reserved.
Copyright © Adways Inc. All Rights Reserved. 40
Slide 41: UNICORN
UNICORN Fourth quarter UNICORN 1,018 1,000 969 958 900 800 765 700 624 600 500 442 394 400 317 300 259 269 242 191 200 153 135 139 130 138 120 109 69 89 100 48 54 60 54 59 0 2018/4Q 2019/1Q 2019/2Q 2019/3Q 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q 2021 3 1 2021/1Q About
Slide 42: UNICORN
UNICORN Fourth quarter 1,200 1,000 2021 3 4Q 800 600 611 36% 400 415 64% 200 346 209 0 2020/4Q 2021/4Q UNICORN About UNICORN Copyright © Adways Inc. All Rights Reserved. 42
Slide 43: UNICORN
UNICORN Fourth quarter 1,200 1,000 2021 3 4Q 108 800 117 123 14 11% 600 40 103 12% 400 609 13% 64% 200 466 0 2020/4Q 2021/4Q VOD VOD EC Web About UNICORN Copyright © Adways Inc. All Rights Reserved. 43
Slide 44: UNICORN
UNICORN Fourth quarter App Web Web About UNICORN Copyright © Adways Inc. All Rights Reserved. 44
Slide 45: UNICORN
UNICORN Fourth quarter Google TV GENIEE DOOH About UNICORN Copyright © Adways Inc. All Rights Reserved. 45
Slide 46: Copyright © Adways Inc. All Rights Reserved.
Copyright © Adways Inc. All Rights Reserved. 46
Slide 47: UNICORN Interactive AD
Fourth quarter UNICORN Interactive AD UNICORN Banner／Video Reward Video Native／Interactive approved list Copyright © Adways Inc. All Rights Reserved. 47
Slide 48: Web AR
Web AR Fourth quarter AR Copyright © Adways Inc. All Rights Reserved. 48
Slide 49: Copyright © Adways Inc. All Rights Reserved.
Copyright © Adways Inc. All Rights Reserved. 49
Slide 50: ADWAYS
※1 ※2 × ADWAYS ※1 ※2 Copyright © Adways Inc. All Rights Reserved. 50
Slide 51: Fourth quarter
Fourth quarter 20/4Q 21/1Q 21/2Q 21/3Q 21/4Q 20/4Q 21/1Q 21/2Q 21/3Q 21/4Q 3 Copyright © Adways Inc. All Rights Reserved. 51
Slide 52: Copyright © Adways Inc. All Rights Reserved.
Copyright © Adways Inc. All Rights Reserved. 52
Slide 53: Copyright © Adways Inc. All Rights Reserved.
2021 5 13 Copyright © Adways Inc. All Rights Reserved. 53
Slide 54: Chapter 6: Supplementary materials
Fourth quarter 6 Chapter6 : Supplementary materials . Copyright © Adways Inc. All Rights Reserved. 54
Slide 55: PC / 49,020 42,329 41,501 41,857 39,613 35,890 37,304 31,521 22,639 2006 17,972 15,907
PC / 49,020 42,329 41,501 41,857 39,613 35,890 37,304 31,521 22,639 2006 17,972 15,907 13,157 8,302 4,919 4,918 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 18 11 15 20 16 19 08 14 17 10 09 07 12 21 13 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 Copyright © Adways Inc. All Rights Reserved. 55
Slide 56: Copyright © Adways Inc. All Rights Reserved.
1,626 1,320 1,057 860 847 688 687 722 413 315 299 204 221 197 517 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 16 19 08 14 17 10 09 07 12 21 13 18 11 15 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 Copyright © Adways Inc. All Rights Reserved. 56
Slide 57: 2020/1Q 2020/2Q 2020/3Q
15,566 16,000 14,000 11,961 11,489 12,000 10,155 10,003 9,330 10,000 9,026 8,997 9,125 8,000 6,000 4,000 2,000 0 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 57
Slide 58: 2019/4Q 2020/1Q 2020/2Q
14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 82.7% 83.5% 83.3% 82.4% 83.0% 82.3% 83.9% 5,000 81.8% 82.1% 4,000 82.1% 83.9% 83.2% 81.6% 81.7% 82.0% 81.7% 83.4% 80.9% 3,000 2,000 1,000 0 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q Copyright © Adways Inc. All R
Slide 59: 2021/2Q 2021/3Q 2019/4Q
2,200 2,000 1,800 1,600 1,400 1,200 1,000 800 17.6% 17.3% 17.3% 16.8% 16.3% 16.1% 600 14.8% 15.0% 13.1% 400 200 0 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 59
Slide 60: 2020/4Q 2021/1Q 2020/1Q
546 493 600 3.5% 4.3% 396 500 3.3% 400 198 189 300 2.0% 1.9% 103 200 34 1.1% 109 4 100 0.4% -% 0.1% 0 -100 -200 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q Copyright © Adways Inc. All Rights Reserved. 60
Slide 61: 4Q 3Q Copyright © Adways Inc. All Rights Reserved.
[ ] 2021 3 4Q 2021 3 3Q 20,275 19,105 +1,169 +6.1% 9,944 11,973 ▲2,028 ▲16.9% 3,473 3,602 ▲129 ▲3.6% 23,748 22,708 +1,040 +4.6% 12,275 8,575 +3,699 +43.1% 249 346 ▲97 ▲28.2% 12,525 8,922 +3,602 +40.4% 11,223 13,785 ▲2,562 ▲18.6% 4 Copyright © Adways Inc. All Rights Reserved. 61
Slide 62: 2020/4Q 2021/1Q 2021/2Q
15,566 16,000 14,000 11,961 11,489 12,000 10,155 10,003 10,000 8,000 6,000 4,000 2,000 0 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q 4,957 5,306 6,458 6,408 7,756 +1,347 +21.0% 3,784 3,629 3,446 3,429 5,312 +1,882 +54.9% 1,167 814 1,261 1,744 2,097 +353 +20.2% 162 146 190 202 216 +14 +7.1% 82 106 132 17
Slide 63: 2020/4Q 2021/1Q 2021/2Q
546 1,200 493 396 1,000 198 189 800 600 400 200 0 -200 -400 -600 -800 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q 699 697 960 828 1,068 +239 +28.9% の50 の77 の34 の5 0 +4 － 10 11 17 20 0 の20 の97.8% の38 の49 の27 の4 の9 の4 － の423 の392 の423 の442 の512 の69 － 198 189 493 396 546 +149 +37.7% Copyright © Adways Inc.
Slide 64: 2021/1Q 2021/2Q 2021/3Q
1,200 961 973 891 914 900 904 915 924 913 1,000 800 600 400 200 0 2019/4Q 2020/1Q 2020/2Q 2020/3Q 2020/4Q 2021/1Q 2021/2Q 2021/3Q 2021/4Q 510 533 521 512 506 533 535 546 558 78 84 95 91 88 82 83 90 75 90 102 99 96 100 102 100 105 99 90 85 87 92 96 98 104 107 110 123 110 98 113 125 109 139 125 71 891
Slide 65: Adways Inc.
Adways Inc. 2001 2 28 1,622 [ 2021 3 ] 49,020 [ 2021 3 ] 913 [ 2021 3 ] Copyright © Adways Inc. All Rights Reserved. 65