Septeni Holdings Co., Ltd. · TSE:4293
Septeni — Q3 FY2019 Earnings Presentation
57 slides from Septeni's earnings presentation, Jul 30, 2019
Slide 1: Septeni Holdings FY2019 Q3 Earnings Presentation
~ SEPTENI 20195 9A HA be 3 D+F HA RAS BRSHEAF—o-eR-WF AVIA 2019: 7A30A www.septeni-holdings.co.jp
Slide 2: Notes on IFRS and Non-GAAP disclosure
2016年９月期より、従来の日本基準に替えてIFRSを適用しております。 従来の「売上高」は参考情報として任意開示とする一方、IFRSに基づく指標として「収益」を開示しております。 ネットマーケティング事業の大半を占める広告代理販売における収益は、マージン部分のみの純額計上となります。 事業の実態をより適切に表現するため、「Non-GAAP営業利益」を任意で開示しております。 Non-GAAP営業利益とは、IFRSに基づく営業利益から、減損損失、固定資産の売却損益等の一時的要因を調整した恒常的な事業の業績を測る利益指標です。 本資料の数値は、単位未満を四捨五入して表示しております。 従来より各
Slide 3: 01 FY2019 Q3 Consolidated Results
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Slide 4: FY2019 Q3 (cumulative) Revenue
RA Fy2019/30Rit (10-6A) RBS b “3 SEPTENI WN zt 12,64855m (mri ) Non-GAAP ® # #ill 1.424858 ( msemamte )
Slide 5: FY2019 Q3 (cumulative) Net Marketing Results
FEM Fy2019/308%t (10-6A) RENT “3 SEPTENI WN zt 11,4468 5m (wernt 6.4%:0) Non-GAAP ® 3 Fl 3.67655 ( sosermte ) A-A-~VINRKROU BHO EB F ') Ne
Slide 6: FY2019 Q3 (cumulative) Media Content Results
PN Fy2019/308%t (10-6A) RENTS “3 SEPTENI WN at 1,413 85 F (Hemme ) Non-GAAP ® 3 Fl -686555 (sien )
Slide 7: Acquisition of Lion Digital Global
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Slide 8: Consolidated income statement
12,648 100.0% +9.7% 11,525 100.0% 17,200 73.5% 10,544 83.4% +9.8% 9,607 83.4% ― ― 8,939 70.7% +1.8% 8,782 76.2% ― ― 1,624 12.8% +94.1% 837 7.3% 2,000 81.2% -1,868 14.8% ― -10 0.1% ― ― -244 -1.9% ― 826 7.2% ― ― -291 -2.3% ― 410 3.6% ― ― 480 3.8% +2.4% 468 4.1% ― ― -1,014 -8.0% ― 768 6.7% 1,300 ― 58,4
Slide 9: Operating profit bridge
2,700 10,000 3,400 1,200 5,000 1,900 5,000 400 -300 -1,100 0 -1,800 0 -2,600
Slide 10: 02 Net Marketing Business
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Slide 11: Net Marketing Q3 results
4,282 100.0% +20.6% 3,549 100.0% 3,592 83.9% +25.4% 2,865 80.7% 2,990 69.8% -1.9% 3,047 85.8% 602 14.1% ― -181 -5.1% -1,816 42.4% ― -1 0.0% -1,214 -28.4% ― -183 -5.2% 73 1.71% -63.1% 198 5.6% 230 5.37% +164,028.6% 0 0.0% -1,371 -32.0% ― 14 0.4% 19,410 ― +16.3% 16,693 ― ※
Slide 12: Net Marketing profit trend
4,250 24.5% 3,750 19.5% 3,250 2,750 14.5% 2,250 9.5% 1,750 1,250 4.5% 750 -0.5% 250 -250 -5.5%
Slide 13: Net Marketing revenue breakdown
684 679 673 740 690 -6.8% +0.9% 256 237 273 286 230 -19.5% -10.1% 205 199 95 143 98 -32.0% -52.3% 223 243 306 311 362 +16.6% +62.9% 3,047 2,912 2,947 3,001 2,990 -0.4% -1.9% 2,065 1,965 1,934 1,895 2,015 +6.3% -2.4% ― ― ― 173 ― ― ― 355 355 344 343 343 +0.0% -3.2% 172 155 221 167 192 +14.9% +11.8% 45
Slide 14: Net Marketing revenue chart
3,000 2,500 2,000 1,500 1,000 500 0
Slide 15: 03 Media Content Business
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Slide 16: Media Content Q3 results
3,769 100.0% +15.8% 3,253 100.0% 3,308 87.8% +22.3% 2,705 83.1% 2,118 56.2% －3.4% 2,193 67.4% 1,190 31.6% +132.5% 512 15.7% 19,012 ― +14.9% 16,548 ―
Slide 17: Media Content revenue and Non-GAAP operating profit
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Slide 18: Media Content business initiatives
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Slide 19: Media Content margin trend
0 14% 0 12% 0 10% 0 0 8% 0 6% 0 4% 0 2% 0 0 0%
Slide 20: Media Content KPI trend
20% 35.0 18% 30.0 16% 25.0 14% 12% 20.0 10% 15.0 8% 6% 10.0 4% 5.0 2% 0.0 0%
Slide 21: Media Content KPI trend
7.0% 12.0 6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 2.0% 4.0 1.0% 2.0 0.0% 0.0
Slide 22: Septeni One Media
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Slide 23: Business image
Slide 24: Incubation and Other results
570 100.0% +56.8% 364 100.0% 337 59.0% +48.4% 227 62.3% 509 89.3% +15.8% 440 120.8% -173 — +40 -213 —
Slide 25: Incubation Non-GAAP operating profit
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Slide 26: GANMA! downloads and MAU
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Slide 27: GANMA! downloads
VV AAY TV YS PTV MBS “hi SEPTENI %2016/ 1QO Wz 100 L THEME 1,477 1 M WN74-VvAREO WR A kD 7I7YEFBEE YIRZDVT7Vavid SS al) & PES 3a | FY 2018 FY2019 |
Slide 28: GANMA! ARPU
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Slide 29: GANMA! user metrics
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Slide 30: 05 Full-Year Forecast
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Slide 31: FY2019 full-year forecast
we SEPTENI eee ° oe eooe Ell SHEE PMOKE (2019957308 ¥R) es Non-GAAP SHOMAA BARAT KH) (ait : BA) BRAS WRT 5 BRFSS FSS MERRFA (A) 17,200 2,000 1,300 10F128% SHRRFA (B) 17,200 2,000 A734 ASPIB18 Sta (B—A) - - A2,034 HER (26) - - - oles oA) 15,272 1,011 847 6FA7 18% CEH + Lion & Lion#t [#3 DNA SO —EH G
Slide 32: Dividends and payout
El autre ith SEPTENI ME YARRA) oe att 29.8% 18.4% 14.7% 15.1% 16.5% ey ee _— —— SAG IC £ ¥) YS BARU SSS —BSBY IC BbACS. YRREEO treyVs17O-(cBBlIEL i Bay O REE « SOE TEIC ACR L 2019559 FA HAO HAABC SS & Id 2.0F) (FRR) @F FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 XK201GF OA IA C1: SORRDE SRM. LAFF TOME
Slide 33: Notes on forward-looking statements
※各種数値の過去推移につきましては、次ページ以降の補足資料に記載しておりますので、併せてご参照ください。 このプレゼンテーション資料に記載された弊社の将来に関する意見や予測及び計画は、2019年７月30日現在の弊社の判断であり、その正確性を保証するものではありません。 世界情勢の変動に関わるリスクやその他様々な不確定要因により、実際の業績が記載の予測と大きく異なる可能性があります。
Slide 34: Appendix
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Slide 35: Group business overview
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Slide 36: Group business portfolio
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Slide 37: Quarterly revenue by business
Hse OEM (4 7 xv bl) “8 SEPTENI BRYRVY-TT1VYIBR AF 4PAVYTIVIBR (Ht: AAA) 19,343 19.721 49.420 18.448 18:820 18.350 18,665 18.978 18.107 my 16,757 16,693 18,432 18,910} 18,413} 18,682 8,986 h6,794 d 17,961 1Q 2a 3Q 4Q 1Q 2a 3Q 4Q 1Q 2a 3Q FY2017 FY2018 FY2019 METAY KMMBOBEIORREAML TIS LO, SHRMBO AH CB
Slide 38: Quarterly Non-GAAP operating profit
4,450 25.0% 3,950 3,450 20.0% 2,950 15.0% 2,450 1,950 10.0% 1,450 5.0% 950 450 0.0% -50 -5.0% -550 -1,050 -10.0%
Slide 39: Net Marketing quarterly data
364 384 453 512 583 651 684 679 673 740 690 -6.8% +0.9% 133 137 169 175 191 205 256 237 273 286 230 -19.5% -10.1% 111 122 104 145 179 235 205 199 95 143 98 -32.0% -52.3% 120 125 180 192 214 210 223 243 306 311 362 +16.6% +62.9% 2,407 2,812 2,672 2,760 2,742 2,993 3,047 2,912 2,947 3,001 2,990 -0.4%
Slide 40: Net Marketing quarterly revenue
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Slide 41: Net Marketing revenue chart
3,000 2,500 2,000 1,500 1,000 500 0
Slide 42: Media Content quarterly Non-GAAP operating profit
| 42 Ee cee Ss PE ERA PETS “5 SEPTENI a 25 MEE Non-GAAP #28 (#4 : FAFA) FY2017 SRAM (TUN) FY2018 3Q 2Q FY2019
Slide 43: Media Content margin trend
14% 0 12% 0 10% 0 8% 6% 0 4% 0 2% 0 0%
Slide 44: Media Content KPI trend
20% 35.0 30.0 15% 25.0 20.0 10% 15.0 10.0 5% 5.0 0.0 0%
Slide 45: Media Content KPI trend
14.0 7.0% 12.0 6.0% 10.0 5.0% 8.0 4.0% 3.0% 6.0 2.0% 4.0 1.0% 2.0 0.0% 0.0
Slide 46: Incubation quarterly Non-GAAP operating profit
1 RAPES « SEPTENI ™ Non-GAAP 3 #ilzs (Hf > BAR) 1Q 2Q 3Q FY2017 4Q 1Q 2Q 3Q FY2018 4Q 1Q 2Q FY2019 3Q
Slide 47: GANMA! downloads and MAU
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Slide 48: GANMA! downloads
* * * 2 SEPTENI eee eooe OK e El vase yee PT MHS 1,477 %K2016/ 1AM IRs £100 L THEIL 1,438 1,252 1.259 , 1,284 1,245 3 1162 > ‘ i 100 4a | 1a 2a. 3a *rr2016 2017 2018 | FY2019
Slide 49: GANMA! ARPU
+e +e 49 | VvHIYFYYSE GANMA! ARPUHB = SEPTENI 53.3 =@= ARPU* (FA) 48.9 2016 2017 2018 *ARPUDER : VYHAY TY YBROM (GS. RS, PME) MAU 128 | 3A 6H 98 124 3A 6H 9A 12H | 3A
Slide 50: GANMA! user metrics
EY vo ay FLY BR GANMAIY IAI TY a EB = 10 XX FY2017/ 1AM Iz €100& L THEE 1,570 1,134 ill 2Q FY2017 FY2018 FY 2019
Slide 51: GANMA! chart
1,600 1,400 1,200 1,000 800 600 400 200 0
Slide 52: Company profile
Pees +e SEPTENI 2019%% 6A30B RE eee ° ee BARRETT —= - ROWT 4 IR REO 70 THRWTER fe eA RR MH GKEHB8-17-1 ERRHERBISY KAD 4293 (JASDAQ) — tva— RY RRR ERO RRMT SER — TERED ORRRH 19905510; 298 2.12584 CGR eS! 138,906,500%K (5 5 8 #kt10,724,2404) * Ee ee ee 1.413% (iA) 9 51,2034 (EHR) 3X42. SEHBIP (Board I
Slide 53: Group companies
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Slide 54: Net Marketing business model
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Slide 55: Media content and incubation portfolio
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Slide 56: Consolidated statement of financial position
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Slide 57: Consolidated cash flow
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