Ly Corporation · TSE:4689
Ly — Yahoo Japan — Q3 FY2014 Earnings Presentation
81 slides from Ly's earnings presentation, Feb 4, 2015
Slide 1: FY2014-3Q Business Results
Yahoo Japan Corporation FY2014-3Q Business Results (Oct. - Dec. 2014) February 4, 2015
Slide 2: Table of Contents
Table of Contents P. 6 Financial Highlights P. 21 Business & Strategies - Usage of Yahoo! JAPAN Services - Advertising Business - Consumer Business - Settlement & Finance / Other Businesses P. 61 Supplemental Information Yahoo Japan Corporation has adopted International Financial Reporting Standards
Slide 3: Forward-looking statements
Statements made at the meeting or included in the documents that are not historical facts are forward- looking statements about the future performance of Yahoo Japan Corporation and its consolidated subsidiaries and affiliates. The Company cautions you that a number of important factors could cause
Slide 4: Executive Summary for FY2014-3Q
Executive Summary for FY2014-3Q Revenue: ¥107.5 billion (YoY +4.7%) Operating Income:¥49.9 billion (YoY +0.3%) Business Outlook for FY2014-4Q Revenue: ¥112.1 - 114.1 billion (YoY +4.1% to +6.0%) Operating Income: ¥48.7 - 50.7 billion (YoY +2.0% to +6.2%) FY2014 Year-End Cash Dividends Forecast
Slide 5: Executive Summary for FY2014-3Q
Executive Summary for FY2014-3Q Advertising-related revenue: ¥62.1 billion (YoY +5.4%) - Display advertising revenue YoY growth rate: 19.2% - Paid search advertising revenue YoY growth rate: -2.1% - Smartphone advertising revenue ratio: 34.2% e-Commerce transaction value: ¥324.4 billion (YoY +8.
Slide 6: FY2014-3Q Financial Highlights
FY2014-3Q Financial Highlights 6
Slide 7: FY2014-3Q Financial Highlights
FY2014-3Q Financial Highlights (¥100M) YoY Change FY2013-3Q FY2014-3Q Change Contributors * Advertising revenue from YDN and Revenue 1,027 1,075 4.7% others grew. * Revenues from consolidated subsidiaries grew. * Traffic acquisition costs and content provider fees increased along with expanded adver
Slide 8: Quarterly Revenue Trend
Quarterly Revenue Trend (¥100M) 1,075 1,000 800 600 IFRS 400 Gross Net 200 0 '04/ '05/ '06/ '07/ '08/ '09/ '10/ '11/ '12/ '13/ '14/ 10-12 10-12 10-12 10-12 10-12 10-12 10-12 10-12 10-12 10-12 10-12 * The Company has adopted IFRSs beginning with FY2014. * Between FY2008 and FY2013, we indicated reven
Slide 9: Quarterly Revenue YoY Growth Trend
Quarterly Revenue YoY Growth Trend Revenue growth rate has improved because the negative impacts of our new e-commerce strategies have disappeared one year after their introduction and no longer affect YoY revenue comparisons. 25% 20% 15% 10% 5% 4.7% 0% '11/10-12 '12/10-12 '13/10-12 '14/10-12 * The
Slide 10: Quarterly Revenue Breakdown
Quarterly Revenue Breakdown (¥100M) 1,075 1,027 Total +47 (¥100M) 1,000 +4.7% 800 Marketing Solutions Business 756 715 +5.6% 600 Advertising revenue grew. Consumer Business +2.5% 400 A year after initiating new e-commerce strategies, negative impacts have disappeared and no longer affect YoY revenue
Slide 11: Quarterly Advertising-related Revenue
Quarterly Advertising-related Revenue (¥100M) 600 589 621 Total +32 (¥100M) +5.4% 500 248 208 Display Advertising +19.2 400 Revenues of “Yahoo! Display Ad Network (YDN)” and “Yahoo Premium DSP” grew favorably. 300 Paid Search Advertising -2.1% 200 380 372 PC advertising revenue declined. 100 0 '13/1
Slide 12: Quarterly Advertising-related Revenue YoY Growth Trend
Quarterly Advertising-related Revenue YoY Growth Trend 30% 25% 20% 19.2% 15% Display 10% Paid Search 5% 0% -2.1% -5% '11/10-12 '12/10-12 '13/10-12 '14/10-12 * The Company has adopted IFRSs beginning with FY2014. Growth rates of ‘14/4-6 onward are calculated based on IFRSs. 12
Slide 13: Quarterly Advertising-related Revenue via Smartphones
Quarterly Advertising-related Revenue via Smartphones (¥100M) 212 200 Smartphone advertising revenue (YoY growth) 150 +72 (¥100M) +51.9% 100 Smartphone advertising revenue ratio 50 23.7% → 34.2% *Smartphone advertising revenue includes some revenue via tablet devices. 0 ′11/10-12 ′12/10-12 ′13/10-12
Slide 14: Quarterly e-Commerce Transaction Value
Quarterly e-Commerce Transaction Value 3,244 Total +243 (¥100M) (¥100M) 3,000 3,000 1,028 +8.1% 948 *1 Shopping-related +8.4% Yahoo! Shopping and LOHACO +11.5% 2,000 Number of orders and buyers increased. Auction-related*2 +8.0% Number of sellers and bidders increased, 1,000 2,051 2,215 and average
Slide 15: Quarterly Profit Trend
Quarterly Profit Trend (¥100M) 600 60% IFRS 500 50% 400 40% 300 30% 200 20% 100 10% (*) IFRS (**) JGAAP 0 0% '04/10-12 '06/10-12 '08/10-12 '10/10-12 '12/10-12 '14/10-12 * Figures after FY2013 are restated on an IFRS basis. Operating margins are affected by the adoption of IFRSs. * Margins for FY2008
Slide 16: Quarterly Operating Income YoY Growth Trend
Quarterly Operating Income YoY Growth Trend In addition to the end of the negative impacts on YoY comparisons one year after the start of our new e-commerce strategies, measures to reduce and streamline costs contributed to the positive growth in operating Income. 20% 15% 10% 5% 0.3% 0% -5% -10% '11
Slide 17: Review of FY2014-3Q Business Outlook
Review of FY2014-3Q Business Outlook In spite of continued investment for future growth, revenue and operating income exceeded our forecasts because of: - Favorable revenue growth more than expected in several products - Cost reduction and streamlining measures (¥100M) FY2014-3Q FY2014-3Q Forecast C
Slide 18: FY2014-4Q Business Outlook
FY2014-4Q Business Outlook Aim to achieve positive growth in revenue and operating income with continued cost reduction and streamlining measures. (¥100M) 2013-4Q 2014-4Q (Actual) (Forecast) Change Contributors * YDN and others expected to grow. Revenue 1,076 1,121 -1,141 * Newly consolidated subsid
Slide 19: FY2014 Full Year Business Outlook
FY2014 Full Year Business Outlook Net income attributable to owners of the parent for the full year is expected to increase, despite the forecast of decline in operating income due to measures for improving balance sheet. (¥100M) FY2013 FY2014 (Actual) (Forecast) Revenue 4,085 4,229 - 4,249 Operatin
Slide 20: FY2014 Year-End Cash Dividends Forecast
FY2014 Year-End Cash Dividends Forecast Cash dividends per share (¥) ¥4.58~ 5.0 ¥4.63 Cash dividends ¥4.43 ¥4.01 per share is expected 4.0 to grow +3.4% to +4.5% YoY 3.0 The Company’s target continues to be approximately 20% of net income 2.0 attributable to owners of the parent as its forecast for
Slide 21: Usage of Yahoo! JAPAN Services
Usage of Yahoo! JAPAN Services 21
Slide 22: DUBs of Top 20 Services Growing Favorably
DUBs of Top 20 Services of * Yahoo! JAPAN Growing Favorably PCs+Tablets+Feature Phones Smartphones '11/10-12 '12/10-12 '13/10-12 '14/10-12 Source Yahoo Japan Corporation * DUB=Daily Unique Browser 22
Slide 23: DUBs of All Services Increasing
DUBs of All Services of * Yahoo! JAPAN Increasing PCs+Tablets+Feature Phones Smartphones '11/10-12 '12/10-12 '13/10-12 '14/10-12 Source Yahoo Japan Corporation * DUB=Daily Unique Browser 23
Slide 24: MUBs of Yahoo! JAPAN Services Growing Favorably
MUBs of Yahoo! JAPAN Services * Growing Favorably PCs+Tablets+Feature Phones Smartphones '11/10-12 '12/10-12 '13/10-12 '14/10-12 Source Yahoo Japan Corporation * MUB=Monthly Unique Browser 24
Slide 25: Downloads of Applications
Downloads of Applications Cumulative downloads of iOS+Android applications are 240 million and up. More than Approximately doubled 240 million More than 210 million More than 180 million More than 160 million More than 130 million ′13/10-12 ′14/1-3 4-6 7-9 10-12 *Numbers of cumulative downloads of a
Slide 26: Re-establishment of GYAO! Brand
Re-establishment of “GYAO!” Brand - Aims to acquire new subscribers by renewing services and advertising on TV, etc. - Numbers of application downloads, viewers and content views growing favorably. GYAO!, an official video streaming platform 26
Slide 27: Yahoo! Car Navigation System
“Yahoo! Car Navigation System” Application for Smart Devices - Recorded 2 million downloads in 100 days after launch. - Newly offers tablet-optimized views and functions. A 3D display image of “Yahoo! Car Navigation System” application 27
Slide 28: Yahoo! Keyboard, Application for iOS
“Yahoo! Keyboard”, Application for iOS Rated as No.1 among Free Apps More than 100 different Easy to switch - Functions such as swiping images offered free of Japanese/English input charge by swiping and cursor move keys enable optimized Japanese characters input. - Users can customize their keyboar
Slide 29: Renewed Yahoo! JAPAN Startup Page to be Launched in Spring
Timeline view of Renewed Yahoo! JAPAN Startup Page to be Launched in Spring (for Smartphone browsers and applications) Search - Enables personalized content distribution by Yahoo! JAPAN IDs. - Aims to enhance advertising efficiency and to increase revenue. Advertising space Advertising inserted amon
Slide 30: Entering the Game Publishing Business
Entering the Game Publishing Business - Established GameBank Corporation in January 2015, aiming at monetization of the growing time users spend on games on smart devices. - GameBank is going to: - support developers in promotion and localization of game content. - develop in-house game content. 30
Slide 31: Monetization with Advertising Products
Monetization with Advertising Products 31
Slide 32: Sustainable growth through new advertising products
We aim to attain sustainable growth by continuously offering new advertising products in addition to our existing products. FY2013 onwards YDN becomes driver for revenue growth FY2011/12 Start offering Improve Yahoo! Premium FY2002 Paid Search and DSP Start offering YDN systems FY1996 Paid Search St
Slide 33: Major Services Multiple
Yahoo! JAPAN aims to be a Multiple Big Data Company which understands Japanese Internet users better than any other companies. Learn Internet users’ needs Major Yahoo! JAPAN Multiple Services Major Services Synergies Big data Provide information, advertising and e-commerce services 33 needed by user
Slide 34: Yahoo! Premium DSP
“Yahoo! Premium DSP” - 180 major national advertisers are clients. - Revenue grew more than 60% on QoQ basis. Yahoo! Premium DSP Data The only platform that allows advertisement exposure on Yahoo! JAPAN’s premium inventories Utilize multiple big data owned by Yahoo! JAPAN 34
Slide 35: Video Advertising
Video Advertising - Number of viewers and views of content doubled on YoY basis. - Trial of unwatched TV program distribution expanded to 3 TV channels. - Revenue doubled on YoY basis. 35
Slide 36: Enhancing Rich Ad Products for Smartphones
Enhancing Rich Ad Products for Smartphones Developing new branding advertising products dedicated for Smartphones A sample image of a rich advertising product utilizing a gyro sensor 36
Slide 37: Advertising Distribution on Yahoo! Real-time Search
Will Start Offering Advertising Distribution on “Yahoo! Real-time Search” Will place “Twitter Ads”, and YDN and others in “Yahoo! Realtime Search” that can search posted messages and show hot keywords and popular images on social media. Advertisers can post advertising on Twitter “Twitter Ads” via Y
Slide 38: Consumer Business
Consumer Business 38
Slide 39: Yahoo! Shopping
Yahoo! Shopping 39
Slide 40: Yahoo! Shopping Store IDs Reached 243 Thousand
Yahoo! Shopping Number of store IDs reached 243 thousand, with an increase of more than 200 thousand IDs. Number of “Yahoo! Shopping” Store IDs * (thousand IDs) 250 243 thousand 200 150 100 Approx. 30 50 thousand 0 ′13/12 ′14/12 (End of month) * Number of corporate and individual accounts issued. It
Slide 41: Aims to Become No.1 in Items Listed in FY2015
Yahoo! Shopping Aims to become No.1 in items listed in FY2015 (million items) 150 Approx. 140 million 100 50 0 ′13/12 ′14/12 (End of month) 41
Slide 42: Promotion Activities for Year-end Shopping Season
Yahoo! Shopping Promotion Activities for Year-end Shopping Season Number of orders and buyers increased by 10% or more compared to the same quarter last year. A promotional page for year-end sales 42
Slide 43: Number of Orders Has Been Increasing
Yahoo! Shopping Number of orders has been increasing YoY Growth Rate of Monthly Number of Orders of Yahoo! Shopping Special demand before consumption tax hike 0% ′12/12 ′13/3 ′13/6 ′13/9 ′13/12 ′14/3 ′14/6 ′14/9 ′14/12 43
Slide 44: Transaction Value Has Kept Growing
Yahoo! Shopping Transaction value has kept growing even one year after start of new strategies. YoY Growth Rate of Quarterly Transaction Value 30% of Yahoo! Shopping and LOHACO Special demand before consumption tax hike 20% 10% 11.5% 0% -10% ′12/4-6 ′12/10-12 ′13/10-12 ′14/10-12 44
Slide 45: Transaction Value Expansion Leads to Advertising Growth
Yahoo! Shopping Transaction value expansion leads to advertising growth in the future. More Tougher products competition Attractive More Advertising platform for sellers -related buyers revenue Higher More transaction buyers value 45
Slide 46: YAHUOKU! (Auction service)
YAHUOKU! (Auction service) 46
Slide 47: YAHUOKU! (Auction)
YAHUOKU! (Auction) - Renewed the start page for PCs and Smartphone applications of “YAHUOKU!”(Yahoo! Auctions) - “YAHUOKU!” transaction value in December hit a record high thanks to TV advertisement and promotional campaigns. An image from “YAHUOKU!” TV commercial 47
Slide 48: Number of Bidders Has Been Increasing
YAHUOKU! (Auction) Number of bidders has been increasing since the commencement of new e-commerce strategies. Quarterly Number of Bidders YoY Growth Rate 0% ′08/10-12 ′09/10-12 ′10/10-12 ′11/10-12 ′12/10-12 ′13/10-12 ′14/10-12 48
Slide 49: Transaction Value Kept Growing After 1-Year Anniversary
YAHUOKU! (Auction) Transaction value has kept growing even after 1-year anniversary of new strategies. 14% 12% Quarterly auction-related Transaction Value 10% YoY Growth Rate 8% 6% 4% 2% 0% -2% -4% -6% -8% ′08/10-12 ′09/10-12 ′10/10-12 ′11/10-12 ′12/10-12 ′13/10-12 ′14/10-12 * Auction-related transa
Slide 50: Quarterly Number of Sellers Has Increased
YAHUOKU! (Auction) Quarterly number of sellers has increased on a YoY basis for 3 consecutive quarters. Quarterly Number of Sellers YoY Growth Rate 0% ′08/10-12 ′09/10-12 ′10/10-12 ′11/10-12 ′12/10-12 ′13/10-12 ′14/10-12 50
Slide 51: Number of Store IDs Has Shown Positive Growth
YAHUOKU! (Auction) Number of store IDs has shown positive growth, after a long downward trend. (IDs) 20,000 Number of Issued Store IDs * 19,533 18,000 16,000 14,0000 ′11/12 ′12/12 ′13/12 ′14/12 (End of month) * Number of accounts issued. It includes the number of accounts still preparing the store s
Slide 52: Tender Offer for Shares of Carview Corporation Completed
YAHUOKU! (Auction) Tender Offer for Shares of Carview Corporation Completed - Synergy effects are already seen in advertising and auto- related businesses. Dec. 2012 Made Carview a consolidated subsidiary (52.2%) June 2013 “Yahoo! Autos” were integrated with “carview.co.jp” and renewed as “carview!”
Slide 53: Increase Transaction Value and Expand Revenue from Fees
YAHUOKU! (Auction) Will increase the transaction value and expand the revenue from system-use fees and membership fees. More Tougher products competition Attractive Revenue growth More platform for from system-use sellers fees and buyers membership fees Higher More transaction buyers value 53
Slide 54: Premium Membership
Premium Membership 54
Slide 55: Premium Membership IDs Exceeded 10 Million
Number of Premium Membership IDs exceeded 10 million - Sales tie-up with Ymobile Corporation contributed to the increase. - Renewal of Yahoo! Premium site has provided easier access to more than 1,700 membership privileges. An image of renewed Yahoo! Premium site 55
Slide 56: Settlement & Finance / Other Businesses
Settlement & Finance Other Businesses 56
Slide 57: YJ Card Corporation a Consolidated Subsidiary
Made YJ Card Corporation a Consolidated Subsidiary as of January 5. - Purchased 65.0% of shares of KC Co. Ltd. and changed its name to YJ Card Corporation *SoftBank Payment Service Corp. purchased 35.0%. - We expect synergies with our e-commerce services and credit card businesses, and aim to establ
Slide 58: Yahoo! JAPAN IDs Linked with T-POINT Exceeded 20 Million
Number of Yahoo! JAPAN IDs Linked with T-POINT exceeded 20 million IDs IDID million 20 2,000 Linked ID numbers exceeded 20 million 1,000 10 Yahoo! Point integrated into T-POINT Began Linkage between T-POINT and Yahoo! Point 00 ′10/10 ′11/6 ′11/12 ′12/6 ′12/12 ′13/6 ′13/12 ′14/6 ′14/12 58
Slide 59: Yahoo! Tax and Public Utility Payment
“Yahoo! Tax and Public Utility Payment” Transaction value on “Home Town Tax Plans” expanded 12 times on a YoY basis Covering 448 local Governments, 3 times larger compared to the same period last year, out of More 12 approx. 1,800 countrywide. than times double more ′13/10-12 ′14/10-12 59
Slide 60: Yahoo! JAPAN Goals
Yahoo! JAPAN Goals Are… 330 Billion Yen in Operating Income by FY Ending March 201X. No.1 in Transaction Value in the e-Commerce Market by FY201X. 60
Slide 61: Supplemental Information
Supplemental Information P. 62 Quarterly Business Results P. 76 Quarterly Business Data P. 78 Organization, Personnel and Affiliated Companies Yahoo Japan Corporation has adopted International Financial Reporting Standards (IFRSs) beginning with the first quarter of the fiscal year ending March 31,
Slide 62: FY2014-3Q Consolidated Statements of Income
FY2014-3Q Consolidated Statements of Income 2013-3Q 2014-3Q Change Revenue (¥100M) 1,027 1,075 4.7 % Cost of Sales (¥100M) 192 217 12.8 % Gross Profit (¥100M) 835 858 2.8 % SG&A and others (¥100M) 336 358 6.5 % Operating Income (¥100M) 498 499 0.3 % Other Non-operating Income and Expenses 1 3 89.9 %
Slide 63: Comparison of Income Statement Items under IFRSs and JGAAP
Reference: Comparison of Main Line Items of Consolidated Statements of Income for the FY2013-3Q ended December 31, 2013, under IFRSs and JGAAP (¥ 100M) JGAAP IFRSs The Major Changes Net Sales 968 Revenue 1,027 TACs (Traffic Acquisition Costs) in advertising and commissions Cost of Sales 122 Cost of
Slide 64: Performance Breakdown by Business Segment
FY2014-3Q Performance Breakdown by Business Segment (¥ 100M) Cost of SG&A and Operating Operating Revenue Revenue Breakdown Sales others Income Margin Advertising 611 Marketing Business Services 107 Solutions 756 Personal Services 36 185 179 391 51.8% Business Intra-Company Revenue 0 Advertising 12
Slide 65: Business Segment Breakdown
Business Segment Breakdown Marketing Solutions Business Advertising: Paid search advertising “Sponsored Search” Display advertising (Interest-based advertising (YDN), Premium advertising) Business Services: Data Center-related, Affiliate-related, Yahoo! Real Estate, CRM-related, Indival, Yahoo! WebH
Slide 66: Quarterly SG&A and Other Income/Expenses Breakdown
Quarterly SG&A and Other Income/Expenses Breakdown (¥ 100M) Major Factors for YoY Changes Composition QoQ YoY 13/3Q 14/2Q 14/3Q Ratio Change Change Number of employees reached 6,850, up 630 persons (10.1%) Personnel Expenses 109 114 118 33.2% 3.5% 8.4% Business Commissions 43 45 43 12.0% -5.8% -1.0%
Slide 67: Consolidated Statements of Financial Position
FY2014-3Q Consolidated Statements of Financial Position (¥ 100M) Increase/ Major Items 2014/3/31 2014/12/31 Major Factors for Increase/Decrease Decrease < Assets > Current Assets 6,587 6,819 232 Cash and Cash Equivalents 4,823 4,799 -24 Trade and Other Receivables 1,603 1,846 242 Increase in balance
Slide 68: Consolidated Statements of Cash Flows
FY2014-3Q Consolidated Statements of Cash Flows (¥ 100M) FY2014-3Q Major Items (Oct. - Dec. 2014) Major Factors for Changes Operating Activities 104 Income before Income Taxes 508 Depreciation and Amortization 43 Increase in balances of foreign Increase/Decrease in Trade and Other Receivables/Payabl
Slide 69: Highlights – Marketing Solutions Business
FY2014-3Q Highlights – Marketing Solutions Business Paid search advertising [Sponsored Search] - Smartphone advertising revenue expanded substantially year on year due to increased search volume via smartphones. On the other hand, PC advertising revenue decreased compared with the same quarter last
Slide 70: Highlights – Consumer Business
FY2014-3Q Highlights – Consumer Business YAHUOKU! - Transaction value has kept growing year on year even after 1-year anniversary of new e-commerce strategies. In particular, transaction value via smartphones grew mainly due to improved functionality of smartphone applications. Yahoo! Shopping - The
Slide 71: Advertising Products
Advertising Products Main Advertising Products Main Fee Placement Advertiser (Main Purpose) Format Calculation Pages Base Paid Search Advertising Search results “Sponsored Search” Text Performance- pages Major (sales promotion) based: corporations Per-click rate Interest-based determined by Small an
Slide 72: Revenue Trends by Advertising Products
Revenue Trends by Advertising Products (¥ 100M) 589 639 578 605 621 TotalRevenue Advertising 700 244 248 208 223 600 209 109 93 131 147 500 114 Display 135 115 95 92 101 YDN and Others 400 Premium Paid Search 300 200 380 394 368 382 372 100 0 '13/10-12 '14/1-3 4-6 7-9 10-12 The Company has adopted I
Slide 73: Paid Search Advertising Revenue by Industry
Paid Search Advertising Revenue by Industry Industries with large year-on-year increase Industries with large year-on-year decrease Mail Order/Retail Internet/Information Processing Services Finance/Insurance Fashion/Accessories Foodstuffs/Beverages/Cigarettes Real Estate 13/3Q 4Q 14/1Q
Slide 74: YDN Advertising Revenue by Industry
YDN Advertising Revenue by Industry Industries with large year-on-year increase Finance/Insurance Foodstuffs/Beverages/Cigarettes Health and Beauty Services/Goods 13/3Q 4Q 14/1Q 2Q 3Q Finance/Insurance 22.7% 21.6% 21.9% 18.9% 18.4% Foodstuffs/Beverages/Cigarettes 10.2% 7.6% 10.0% 8.8% 9.3% Cos
Slide 75: Premium Advertising Revenue by Industry
Premium Advertising Revenue by Industry Industries with large year-on-year increase Industries with large year-on-year decrease Precision Equipment (Cameras/Clocks/Digital Cameras) Transportation/Leisure Broadcasting Real Estate/Construction Mobile Communications Services Finance/Insuran
Slide 76: Quarterly Business Data (1)
Quarterly Business Data (1) YoY Indicator (Quarterly average) Unit 2013/3Q 2013/4Q 2014/1Q 2014/2Q 2014/3Q Change Number of total monthly page views millions 55,149 56,502 59,468 62,483 60,561 9.8% Number of total monthly millions 17,622 20,590 23,788 26,903 27,320 55.0% smartphone page views (1) Nu
Slide 77: Quarterly Business Data (2)
Quarterly Business Data (2) YoY Indicator (Quarterly total) Unit 2013/3Q 2013/4Q 2014/1Q 2014/2Q 2014/3Q Change 100 Auction-related transaction value (1) millions 2,051 1,988 1,952 1,920 2,215 8.0% of yen 100 Shopping-related transaction value (2) * millions 948 968 842 895 1,028 8.4% of yen 100 Tot
Slide 78: Organization Chart of Yahoo Japan Corporation
Organization Chart of Yahoo Japan Corporation As of January 1, 2015 Board of Board of Auditors Directors President & CEO SEVP/COO SEVP/CFO Business Media Services Internal Audit Promotion CEO Office Company (489) Office Division, COO People Search Services Smart Device Development Company (345) Prom
Slide 79: Number of Directors and Employees
Number of Directors and Employees (Number of People) (at the End of Quarter) 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 11/12 12/3 12/6 12/9 12/12 13/3 13/6 13/9 13/12 14/3 14/6 14/9 14/12 Directors and Auditors of 18 18 14 20 31 35 30 33 31 30 30 38 33 Subsidiaries Employees of 1,234 1,288 1,373 1
Slide 80: Consolidated Subsidiaries and Associates
Consolidated Subsidiaries and Associates (as of December 31, 2014) •Major consolidated subsidiaries at the end of FY2014-3Q Carview Corporation Community Factory Inc. Firstserver, Inc. GYAO CORPORATION IDC Frontier Inc. Indival, Inc. Netrust, Ltd Qubital Data Science Co., Ltd. Syne
Slide 81: Yahoo Japan Group IR information
Yahoo Japan Group IR information is available at : http://ir.yahoo.co.jp/en/ 81