Wowow Inc. · TSE:4839

Wowow — Q1 FY2014 Earnings Presentation

26 slides from Wowow's earnings presentation, July 2014

  1. Slide 1: WOWOW 2014 Q1 Earnings Presentation

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  2. Slide 2: lic

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  3. Slide 3: Subscriptions and consolidated results summary

    【加入】   96 146 50 152.2 146 150 5 103.3 △50 △5 45 【収支（連結）】   17,365 17,375 9 100.1 2,895 2,796 △99 96.6 2,950 2,925 △24 99.2 2

  4. Slide 4: Subscriber numbers

    96 146 50 152.2% 146 150 5 103.3% △50 △5 45 2,581 2,644 62 102.4% 3

  5. Slide 5: Cumulative net subscriptions, digital and analog

    千件 3,000 2,512 2,548 2,631 2,648 2,644 2,500 149 2,644 2,648 2,000 2,631 2,548 1,500 2,362 1,000 500 0 2010年度 2011年度 2012年度 2013年度 2014年度1Q デジタル累計正味加入件数 アナロ グ累計正味加入件数 4

  6. Slide 6: Non-consolidated income statement summary

    17,365 100.0% 17,375 100.0% 9 100.1% 2,895 16.7% 2,796 16.1% △99 96.6% 2,950 17.0% 2,925 16.8% △24 99.2% 1,819 10.5% 1,903 11.0% 84 104.6% 16,750 100.0% 16,709 100.0% △40 99.8% 2,952 17.6% 2,810 16.8% △142 95.2% 3,206 19.1% 3,049 18.3% △157 95.1% 2,054 12.3% 2,023 12.1% △30 98.5% 5

  7. Slide 7: Revenue breakdown

    17,365 17,375 16,750 16,709 20,000 17,500 1,193 1,210 577 545 15,000 12,500 16,172 16,164 16,172 16,164 10,000 7,500 5,000 その他収入 有料放送収入 2,500 0 2013 Q 2014 Q 2013 Q 2014 Q 16,172 16,164 △7 16,172 16,164 △7 1,193 1,210 17 577 545 △32 17,365 17,375 9 16,750 16,709 △40 6

  8. Slide 8: Operating income change factors

    ＋58 ＋108 △282 ＋417 △76 △41 △207 △24 7

  9. Slide 9: Programming costs

     百万円 比率 30,000 70.0% 21,472 23,534 24,643 23,165 65.0% 514 25,000 482 581 456 60.0% 4,767 20,000 6,545 4,441 55.0% 7,906 15,000 50.0% 5,576 5,158 19,361 18,142 16,506 45.0% 10,000 78.5% 74.6% 13,109 40.0% 37.0% 78.3% 145 155 61.1% 34.4% 36.4% 5,000 1,055 34.2% 1,156 35.0% 33.3% 70.1% 78.6% 3,846 30

  10. Slide 10: Non-operating and net income

     1,363 100.0% 1,457 100.0% 94 106.9% △56 △4.2% △14 △1.0% 42 △56 △4.1% △13 △0.9% 42 △37 △2.8% △10 △0.7% 26 ※ 9

  11. Slide 11: Topics from August 2014

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  12. Slide 12: Upcoming music and event programming

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  13. Slide 13: Upcoming sports and NBA programming

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  14. Slide 14: Subscriber forecast

    504 490 △14 97.3% 487 460 △27 94.5% 17 30 13 176.2% 2,648 2,678 30 101.1% 13

  15. Slide 15: Full-year forecast and dividend

    70,274 100.0% 71,500 100.0% 1,225 101.7% 7,186 10.2% 7,900 11.0% 713 109.9% 7,545 10.7% 8,000 11.2% 454 106.0% 4,766 6.8% 5,100 7.1% 333 107.0% 67,648 100.0% 68,300 100.0% 651 101.0% 6,906 10.2% 7,600 11.1% 693 110.0% 7,183 10.6% 7,600 11.1% 416 105.8% 4,546 6.7% 4,800 7.0% 253 105.6% 60円／株 60円／株 10

  16. Slide 16: Business initiatives

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  17. Slide 17: Subscription and cash flow data

    28,098 36,349 81,100 145,547 95,611 49,936 152.2% 60,341 52,868 37,158 150,367 145,535 4,832 103.3% △32,243 △16,519 43,942 △4,820 △49,924 45,104 △5,646 △4,187 3,443 △6,390 △10,136 3,746 2,616,201 2,599,682 2,643,624 2,643,624 2,581,494 62,130 102.4% 399,333 395,146 398,589 398,589 371,384 27,205 107

  18. Slide 18: Quarterly subscription and cash flow data

    95,611 120,621 216,232 138,375 354,607 149,247 503,854 145,535 99,909 245,444 104,354 349,798 137,030 486,828 △49,924 20,712 △29,212 34,021 4,809 12,217 17,026 △10,136 3,808 △6,328 6,091 △237 23,696 23,459 2,581,494 2,602,206 2,602,206 2,636,227 2,636,227 2,648,444 2,648,444 371,384 375,192 375,192

  19. Slide 19: Consolidated income statement

    17,365 100.0% 17,375 100.0% 100.1% 16,172 93.1% 16,164 93.0% 100.0% 1,193 6.9% 1,210 7.0% 101.5% 8,787 50.6% 8,468 48.7% 96.4% 8,578 49.4% 8,906 51.3% 103.8% 5,682 32.7% 6,110 35.2% 107.5% 2,895 16.7% 2,796 16.1% 96.6% 121 0.7% 134 0.8% 110.5% 0 0.0% 0 0.0% 100.4% 92 0.5% 102 0.6% 111.1% 28 0.2% 31

  20. Slide 20: Non-consolidated income statement

    16,750 100.0% 16,709 100.0% 99.8% 16,172 96.6% 16,164 96.7% 100.0% 577 3.5% 545 3.3% 94.3% 8,741 52.2% 8,395 50.2% 96.0% 8,008 47.8% 8,314 49.8% 103.8% 5,056 30.2% 5,503 32.9% 108.9% 2,952 17.6% 2,810 16.8% 95.2% 320 1.9% 243 1.5% 75.9% 0 0.0% 0 0.0% 101.1% 320 1.9% 243 1.5% 75.8% 66 0.4% 4 0.0% 6.6

  21. Slide 21: Non-consolidated cost breakdown

    5,576 5,158 92.5% 1,055 1,156 109.6% 4,376 3,846 87.9% 145 155 107.3% 714 706 99.0% 562 582 103.6% 1,887 1,946 103.1% 8,741 8,395 96.0% 279 324 116.4% 28 52 186.9% 1,076 1,096 101.8% 358 358 100.0% 1,019 1,314 128.9% 652 677 103.8% 1,641 1,679 101.5% 5,056 5,503 108.9% 646 554 85.8% 20

  22. Slide 22: Ratios

    0 0 7 0 11.8% 7 0 11.8% 0 0 5 0 14.9% 5 0 14.9% 21

  23. Slide 23: Reconciliation of non-consolidated to consolidated

    16,750 16,709 99.8% 2,952 2,810 95.2% 1,363 1,457 106.9% △56 △14 18,113 18,167 100.3% 2,895 2,796 96.6% △748 △792 △0 － 17,365 17,375 100.1% 2,895 2,796 96.6% 22

  24. Slide 24: Consolidated balance sheet

    30,092 57.0% 29,572 57.3% △520 98.3% 22,704 43.0% 22,070 42.7% △633 97.2% 17,006 32.2% 14,940 28.9% △2,065 87.9% 1,587 3.0% 1,518 2.9% △68 95.7% 5,000 9.5% 5,000 9.7% 100.0% 2,738 5.2% 2,738 5.3% 100.0% 28,842 54.6% 29,936 58.0% 1,093 103.8% △3,080 △5.8% △3,080 △6.0% 33,500 63.5% 34,594 67.0% 1,093

  25. Slide 25: Non-consolidated balance sheet

    26,193 54.9% 25,616 55.0% △577 97.8% 21,543 45.1% 20,947 45.0% △596 97.2% 16,812 35.2% 14,583 31.3% △2,229 86.7% 1,585 3.3% 1,517 3.3% △68 95.7% 5,000 10.5% 5,000 10.7% 100.0% 2,738 5.7% 2,738 5.9% 100.0% 23,793 49.8% 25,007 53.7% 1,214 105.1% △3,080 △6.5% △3,080 △6.6% 28,451 59.6% 29,665 63.7% 1,21

  26. Slide 26: Cautionary notes and IR contact

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WOWOW — Q1 FY2014 Earnings Presentation on 6ix