Toei Animation Co., Ltd. · TSE:4816
Toei Animation — Q2 FY2021.3 Earnings Presentation
18 slides from Toei Animation's earnings presentation, Oct 30, 2020
Slide 1: Toei Animation Co., Ltd. FY2021.3 Second Quarter Results
Oct 30, 2020 TOEI ANIMATION CO., LTD For FY Ended September 30, 2020（April 1, 2020 to September 30, 2020） Dragon Quest: The Adventure of Dai Satarday at 9:30 am on Looking for Magical DoReMi TV Tokyo et al. Released on November 13, 2020 TOEI ANIMATION ©Riku Sanjo, Kouji Inada, Shueisha, The Adventur
Slide 2: FY2021.3 Second Quarter Results - Consolidated
FY2021.3 Second Quarter Results -Consolidated Net sales and each income decreased year on year. There has been a reactionary decline in Licensing since the same period of the previous year in addition to a decrease in the number of films being developed, the voluntary closure of character goods
Slide 3: FY2021.3 2Q Results Segment Breakdown - Consolidated
FY2021.3 2Q Results Segment Breakdown -Consolidated FY2020.3 FY2021.3 +- （Million Yen） 2Q 2Q Net Sales 10,121 9,502 △6.1% FILM Segment Income 2,206 2,578 16.9％ Net Sales 16,143 13,811 △14.4％ Licensing Segment Income 7,880 6,748 △14.4% Net Sales 2,387 946 △60.3% Sales of Goods Segment Income 12 △163
Slide 4: FY2021.3 2Q Results Segment Analysis (1) (Film)
FY2021.3 2Q Results Segment Analysis (1)(Film) FY20.3 FY21.3 Film（ 6.1％ year on year） （Million Yen） 2Q 2Q • In Movies, revenues fell sharply due to the postponement of the release of two titles due to Net Sales 29,010 24,455 the COVID-19 pandemic in addition to a reactionary decline due to the movie
Slide 5: FY2021.3 2Q Results Segment Analysis (2) (Licensing/Sales of Goods/Others)
FY2021.3 2Q Results Segment Analysis (2) (Licensing/Sales of Goods/Others) FY20.3 FY21.3 Licensing （ 14.4％ year on year） （Million Yen） 2Q 2Q • In domestic licensing, revenues fell sharply due to Net Sales 29,010 24,455 the slowdown of sales of game development rights of app game DRAGON BALL series c
Slide 6: FY2021.3 Second Quarter Results Review
FY2021.3 Second Quarter Results Review FY20.3 FY21.3 % v.s. Net Sales +- （Million Yen） 2Q 2Q prior year Businesses with sharp increases in revenues 1)Film Overseas[1,640] ⇒ 2)DVDs[16] Net Sales 29,010 24,455 △4,554 △15.7% Businesses with significant declines in revenues Costs of Sales 16,825 13,
Slide 7: Trends in Domestic Licensing for Major Titles
Trends in Domestic Licensing for Major Titles Sales of DRAGON BALL series did not reach the strong sales from a year earlier. There was a reactionary fall in the sales of the merchandising rights linked to the movie ONE PIECE STAMPEDE in the previous term. Overall, revenues significantly fell
Slide 8: Trends in Film Overseas
Trends in Film Overseas Revenues increased significantly due to strong sales of the delivery of theatrical movies for Saudi Arabia. Sales of online distribution rights for Europe performed strongly in addition to large online distribution rights for China. Sales of the theatrical screening rig
Slide 9: Trends in Licensing Overseas
Trends in Licensing Overseas Revenues decreased due to a reactionary fall in the sales of multiple cases of minimum guarantees for new and renewed contracts for app games in the previous year. Sales of the app game Slam Dunk performed strongly. A new contract of app game is expected in the sec
Slide 10: Progress toward Earnings Estimates for FY2021.3
Progress toward Earnings Estimates for FY2021.3 No revision of initial earnings estimates Strong progress in each income item FY21.3 FY21.3 （Million Yen） 2Q Estimates Progress Development of films is expected to Net Sales 24,455 50,000 48.9% normalize in the second half. Profitability is expected
Slide 11: Initiatives Aimed for Medium and Long-Term Growth
Initiatives Aimed for Medium and Long-Term Growth Deliver “dreams” and “hope” to children all over the world Aim for further growth as an IP holder Current lifecycle Direction of enhancement Sales size ② ③ ① IP Lifecycle New Existing Major Evergreen ① Increasing the number of ③ Expanding the size of
Slide 12: Initiatives Aimed for Medium and Long-Term Growth (Development of the titles)
Initiatives Aimed for Medium and Long-Term Growth (Development of the titles) 2020 2021- Challenges New Titles for Tokyo 7th Sisters The Journey KAIJU DECODE The Monkey Prince RENGOKU TUBE Fushigi Dagashiya Fostering popular idols Collaborative work Collaborative work of original (tentative) Four-fr
Slide 13: Future Initiatives
Future Initiatives Schedule Film Licensing トピック Sales of Goods Others Development of New Titles Release of Survival [Jul.31] TV Dragon Quest: The Adventure of Dai FY21.3 Release of Toei Manga Matsuri [Aug.14] -Started broadcasting on TV Tokyo et al. from October 3, 2Q Start of broadcast of Fushigi
Slide 14: About Dividend
About Dividend Plan for year-end Dividend FY2020.3 ¥70 per share payout ratio will be approximately 25%, depending on the FY2021.3 consolidated financial results. （Yen） 150 Special Dividend Dividend Policy 120 Based on sustained and stable Ordinary Dividend dividends, we decide the amount 90 of divi
Slide 15: Reference (1) Lineup of Titles Being Broadcast
Reference (1) Lineup of Titles Being Broadcast SUN at 9:00am on Fuji TV et al. Digimon Adventure: SUN at 8:30am on ABC/TV Asahi Network Healin’ Good ❤ Pretty Cure TUE at 6:45pm on NHK Educational TV Fushigi Dagashiya Zenitendo SUN at 9:30am SAT at 9:00am on Fuji TV et al. on NHK ONE PIECE Educationa
Slide 16: Reference (2) Lineup of New Titles in FY2021.3
Reference (2) Lineup of New Titles in FY2021.3 Pretty Cure Miracle Leap Looking for Magical DoReMi Released on October 31, 2020 Released on November 13, 2020 TOEI ANIMATION©2020 Pretty Cure Miracle Leap Production Committee, ABC-A, Toei, Toei Animation 16
Slide 17: Reference (3) Lineup of New Titles in FY2021.3
Reference (3) Lineup of New Titles in FY2021.3 Sailor Moon Eternal Prequel:to be released on January 8, Tokyo 7th Sisters World Trigger 2nd season 2021 To be released in early spring of To be broadcasting on TV Asahi Sequal:to be released on February 11, 2021 et al. from January 9, 2021 2021 TOEI AN
Slide 18: 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. TOEI ANIMAT