Asahi Broadcasting Group Holdings Corporation · TSE:9405

Asahi Broadcasting — Q2 FY2022 Earnings Presentation

28 slides from Asahi Broadcasting's earnings presentation, Nov 21, 2022

  1. Slide 1: Presentation for the Second Quarter of Fiscal 2022

    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

  2. Slide 2: Matters to be reported

    Matters to be reported  Overview of Consolidated Financial Report for the Second Quarter of Fiscal 2022 ・Consolidated Results and Segment Information …P.３ ・Asahi Television Broadcasting Results …P.11 ▽Reference Materials …P.22 Capital Investments/Depreciation and Amortization, Results of Major Grou

  3. Slide 3: Consolidated Results

    Consolidated Results Susumu Okinaka Representative Director and President Asahi Broadcasting Group Holdings Corporation 3

  4. Slide 4: Consolidated Results

    Consolidated Results (Millions of yen) FY22/3 1H FY23/3 1H YoY % Change (Apr. to Sep. 2021) (Apr. to Sep. 2022) Net Sales 40,889 41,100 210 0.5% Operating Expenses 39,654 40,806 1,151 2.9% Cost of Sales 27,723 28,121 397 1.4% Details Selling, General and Administrative Expenses 11,930 12,684 753 6.3

  5. Slide 5: Trend of Consolidated Results

    Trend of Consolidated Results (Millions of yen) Net Sales Operating Income 4,500 3,000 40,000 1,500 0 -1,500 FY20/3 FY21/3 FY22/3 FY23/3 1H 1,365 -1,118 1,234 293 2H 2,023 3,812 2,969 - 0 FY20/3 FY21/3 FY22/3 FY23/3 1H 40,228 33,077 40,889 41,100 Point 2H 42,709 45,267 44,211 - Performance tends to

  6. Slide 6: Results by Segment

    Results by Segment Net Sales FY22/3 1H FY23/3 1H YoY % Change (Apr. to Sep. 2021) (Apr. to Sep. 2022) Broadcasting and Content 33,954 34,482 527 1.6% Broadcasting 26,215 26,468 252 1.0% By business Content 7,719 7,987 268 3.5% Other 19 26 7 37.7% Lifestyle 6,934 6,617 -317 -4.6% Housing 5,215 4,476

  7. Slide 7: FY23/3 Consolidated Financial Results Forecasts

    FY23/3 Consolidated Financial Results Forecasts (Millions of yen) FY22/3 FY23/3 FY23/3 YoY % Change (actual) (as of May) (revised in Nov.) Net Sales 85,100 91,000 87,000 1,899 2.2% Operating Income 4,203 4,000 2,900 -1,303 -31.0% Ordinary Income 4,792 4,500 3,400 -1,392 -29.1% Profit Attributable to

  8. Slide 8: Financial Results Forecasts by Segment

    Financial Results Forecasts by Segment FY22/3 FY23/3 Forecast Net Sales Actual (revised in Nov.) YoY % Change Broadcasting and Content 71,348 71,800 451 0.6% Broadcasting 56,130 55,400 -730 -1.3% By business Content 15,170 16,100 929 6.1% Other 47 300 252 530.9% Lifestyle 13,751 15,200 1,448 10.5% H

  9. Slide 9: Sustainability-Related Initiatives

    Sustainability-Related Initiatives Launched food loss reduction e-commerce site, Lossmile, in October Group company ONE DAY DESIGN launched a food loss reduction business offering up to 66% in discounts on food products previously discarded due to near-expiration dates or damaged packaging. E-commer

  10. Slide 10: Dividends

    Dividends Interim dividend Year-end dividend 30 26 28 25 24 20 20 18 18 18 18 16 17 16 15 12 10 17 9 9 6 10 12 10 10 7.5 5 5 9 9 10 10 9 10 6 6 5 7 4.5 0 13/3 14/3 15/3 16/3 17/3 18/3 19/3 20/3 21/3 22/3 23/3 (FY) 10

  11. Slide 11: 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 11

  12. Slide 12: ABC TV Results

    ABC TV Results (Millions of yen) FY22/3 1H FY23/3 1H YoY % Change (Apr. to Sep. 2021) (Apr. to Sep. 2022) Net Sales 26,197 26,859 662 2.5% Operating Expenses 25,833 26,484 651 2.5% Cost of Sales 16,285 16,588 302 1.9% Details Selling, General and Administrative Expenses 9,547 9,895 348 3.6% Operatin

  13. Slide 13: Trend of ABC TV Results

    Trend of ABC TV Results (Millions of yen) Net Sales Operating Income 28,311 26,197 26,859 21,726 Point Moved forward with earnings structure reform to avoid relying solely on TV advertising revenue, and maintained sales, securing profit 125 363 375 -1,628 (FY) 20/3 1H 21/3 1H 22/3 1H 23/3 1H 13

  14. Slide 14: Details of ABC TV Revenue

    Details of ABC TV Revenue (Millions of yen) FY22/3 1H FY23/3 1H YoY % Change (Apr. to Sep. 2021) (Apr. to Sep. 2022) Broadcasting 23,463 23,317 -146 -0.6% Revenue Content Revenue 2,570 3,400 830 32.3% Other Revenue 163 140 -22 -13.5% ■Broadcasting Revenue ※ Recorded in the broadcasting business in t

  15. Slide 15: Trend of ABC TV Major Broadcasting Revenues

    Trend of ABC TV Major Broadcasting Revenues (Millions of yen) ■Spot FY20/3 FY21/3 FY22/3 ・Up 0.2% YoY FY23/3 1H *See the following pages for more details. 1H 1H 1H (Apr. to Sep. (Apr. to Sep. (Apr. to Sep. (Apr. to Sep. 2022) 2019) 2020) 2021) ■Network (Time) ・Down 4.7% YoY Spot 15,340 11,045 14,178

  16. Slide 16: ABC TV Spot Revenue (Quarterly Performance)

    ABC TV Spot Revenue (Quarterly Performance) FY20/3 FY21/3 FY22/3 FY23/3 (Millions of yen) 8,412 8,464 8,028 8,077 8,225 7,312 7,584 8,053 7,905 7,427 6,781 6,594 5,369 5,675 1Q 2Q 3Q 4Q (APR-JUN) (JUL-SEP) (OCT-DEC) (JAN-MAR) Some advertisers have been reluctant to place ads since the beginning of t

  17. Slide 17: ABC TV Spot Revenue (By Top Industries)

    ABC TV Spot Revenue (By Top 20 Industries） FY22/3 1H (Apr. to Sep. 2021) FY23/3 1H (Apr. to Sep. 2022) Industry YoY Composition rate YoY Composition rate Transportation/ Leisure/ Food Services/ Services 154.5% 12.1% 115.8% 14.0% Foods 109.6% 10.0% 93.9% 9.4% Beverages/ Liquors 139.2% 9.8% 93.3% 9.1%

  18. Slide 18: Television Viewer Ratings in Kansai Region (Individual)

    Television Viewer Ratings in Kansai Region for Apr-Sep 2022* [ 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 YTV YTV １ 3.8% 6.2% 6.0% 3.3% ABC ABC ABC ABC ２ 3.5% (-0.4) 5.3% (-0.6) 5.5% (-0.7) 2.8% (-0.1) KTV KTV KTV MBS ３ 3.

  19. Slide 19: FY2022 1H Notable Results

    FY2022 1H (Apr-Sep 2022) Notable Results Reorganized timetable in April with greater emphasis on U49 *U49: ABC TV unique indicator targeting viewers 49 years of age and younger ▶Daigo mo daidokoro (Monday-Friday 1:30-1:45 p.m.) A cooking show featuring novice cook DAIGO. New initiatives to sell cook

  20. Slide 20: FY2022 2H Initiatives

    FY2022 2H (Oct 2022-Mar 2023) Initiatives ▶Drama L: If My Favorite Pop Idol Made It to Greater content emphasis on U49 the Budokan, I Would Die (Sunday night 11:55 p.m. – late-night 0:25 a.m. *Launched on October 9) ▶Night in Night: More than 1 million copies of the manga sold. Dramatization of a ve

  21. Slide 21: Reference Materials

    21 Reference Materials INTE

  22. Slide 22: Capital Investments/Depreciation and Amortization

    Capital Investments/Depreciation and Amortization FY22/3 1H FY23/3 1H (Apr. to Sep. 2021) (Apr. to Sep. 2022) Consolidated ABC TV Consolidated ABC TV Capital ¥3.3 billion ¥2.8 billion ¥2.5 billion ¥0.2 billion Investments Depreciation and ¥1.6 billion ¥0.8 billion ¥1.9 billion ¥0.9 billion Amortizat

  23. Slide 23: Major Group Companies① Broadcasting Business

    Major Group Companies① <Broadcasting Business> (Millions of yen) ABC Radio sky-A（CS broadcasting） Net Sales 1,306 Operating Income 2,002 1,184 1,698 1,732 1,057 1,068 1,486 274 55 85 38 28 -91 -45 -55 (FY) 20/3 1H 21/3 1H 22/3 1H 23/3 1H (FY) 20/3 1H 21/3 1H 22/3 1H 23/3 1H 23

  24. Slide 24: Major Group Companies② Content Business

    Major Group Companies② <Content Business> (Millions of yen) ABC FRONTIER ABC Animation MASH Net Sales 1,207 ABC FRONTIER split off Operating Income 1,130 subsidiary ABC Animation in 943 FY22/3. No figures are 809 752 740 810 available for ABC FRONTIER 642 for FY21/3 or earlier. 659 272 378 111 58 11

  25. Slide 25: Major Group Companies③ Lifestyle Business

    Major Group Companies③ <Lifestyle Business> (Millions of yen) ABC Development ABC GOLF CLUB 539 Net Sales 489 436 Operating Income 371 5,528 5,471 60 4,774 4,700 -1 28 -68 (FY) 20/3 1H 21/3 1H 22/3 1H 23/3 1H ABC Media Communications 465 493 1,514 1,632 1,187 1,222 154 96 107 68 56 52 (FY) 20/3 1H 2

  26. Slide 26: Television Viewer Ratings in Kansai Region (Household)

    Television Viewer Ratings in Kansai Region for Apr-Sep 2022* [ 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 YTV YTV YTV １ 6.8% 9.8% 9.6% 6.1% ABC ABC ABC ABC ２ 6.3% (-0.8) 9.1% (-1.1) 9.5% (-1.2) 5.2% (-0.3) KTV NHK KTV MBS ３ 5.8% 8.7%

  27. 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

  28. 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 FY2022 Earnings Presentation on 6ix