Wowow Inc. · TSE:4839

Wowow — Q3 FY2019 Earnings Presentation

26 slides from Wowow's earnings presentation, February 2019

  1. Slide 1: Q3 FY2019 Results Presentation

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  2. Slide 2: Contents

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  3. Slide 3: Q3 Results Overview

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  4. Slide 4: Q3 Subscriber Overview

    20184 ER 34H MAK (Btu : F4#) BUF Tal HA LEB 2017#E3Q 20184 E3Q BUA BUF IalAALL AAD A 419 70 116.7% RRA ER 384 80 120.9% TERED A FEEL 35 A10 70.9% SRST EIA 2,858 43 101.5% A) weezy" 419 417 A3 99.4% A) Taz 59 63 3 105.7% "| ARNE KS 2R2WBC SRHBOFT YS RVCAS| WEE (AR2 00ND EIN AIS]. RSME) *2 FAM ROZES C

  5. Slide 5: Subscriber Trend

    Saat ERRINA TRL O HES (BAT > HE) “3,000 2.876 2,901 2,805 2,823 2,756 2,648 2,500 AURA AUR AURA aUHAe AURA 2000 +17 +108 +48 +19 +53 20134E 201448 20154 20164E 2017#R 20184830

  6. Slide 6: Q3 Income Statement Overview

    20185 3H INS (3 : BAP) 20174F5E3Q 201830 ace RR KM MAL AVENE BIA RMALE % £ 8) 60635 100.0% 100.0% 743 101.2% we = # H | 9306 © 155% A232 72.0% @ @ 8 A &% 9912 16.3% A2596 73.8% ew arn | 6870 ‘11.3% A1863 72.9% % § 53,590 100.0% 100.0% 576 101.1% wm oH X Fl oH) «9.030 © 16.9% A2696 70.2% wK 2 #8 fl a

  7. Slide 7: Revenue Overview

    SLs SAE Solis AU tERRAW LE ih Ht (#7 : BAP) (3 : BAP) f 65,000 60,000 IESE : 101.1% 60,000 55,000 53,590 54,1 67 55,000 50,000 50,000 45,000 45,000 40,000 40,000 2017#E3Q 2018430 2017#E3Q 20184230 (fa | BAA) (fu : BAP) MA TA B |) 2017#H3Q | 2018#E3Q Aime 2017#H3Q | 20185H3Q ) Bia AMAe BR RGRRMA 52,2

  8. Slide 8: Operating Income Change Factors

    tae tla BUFR COERER MBA (+) WYBA (A) eae aan (tit: PS) +346 A2,367 (ROSEIRASSIA : 9,91 285m) HMRC ES A252 Zot (348 : 7,31 555) a ap epe R *SBROMESMEAMCOER, “+ NSMRA Zhen, BAAR OBTCHORS.

  9. Slide 9: Cost Trends

    (#4 : BPA) (He: %) 30,000 22,804 26,831 26,948 26,822 18, aa 21, aos /- 604 / 685 /-666 = co 20144 201 SFE 20164 2017 20174H3Q 201843Q mE ANMAEHS mm Ree SOMBER -e-r belt (th) | HGR HOSA MABHAO HE XA RBKBME : TUYAIDEDY, RB UU IY RAY yp Dk TY. GRRE * BUBIS TNT BS BMA IU IY RXY~—ORB CORR: 7 ag EnHEN, B

  10. Slide 10: Revenue by Business Segment

    $B RASH OMSK MWOWOWI24-7-YavR (FLV-FFAYIZ) (HU: BAP) 2017 E3Q 2018%E3Q BRIA Lea = IMAL IMAL AUSEIRAZ © BOSETIBALL = bt @ 5,528 100.0% 117.1% 2 2 a a 143 2.6% 137 195.6% @ #8 WH # 143 2.6% 140, 197.4% Me 8 #2 97 1.8% 86 «188.4% *WOWOWDS a=7-YaVYARKOMETS. mWOWOW752 (iG) % - & 3786 100.0% 100.0% 4 100.

  11. Slide 11: Contents

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  12. Slide 12: Full-Year Forecast

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  13. Slide 13: Strengthening Original Content and Key Genres

  14. Slide 14: Full-Year Subscriber Forecast

    20185FE DUAR 20185 A15Saaie) (at: EHF) BURA LCR 2017FE Rik (AOS ai) AURA Zz BURA LE RMA 591 i] 101.6% RAIA 537 33 106.1% TERA AFL 53 A23 56.4% Sat IEDRADA TERK 2,876 30 101.0%

  15. Slide 15: Full-Year Income Forecast

    20185FE INST iB (201845 ASA aie) (Biz : BAR) 2017#E 20184 RUA RR ze IMAL BAZ BU RAL % -& Bl 81,574) 100.0% 100.0% 1,725 102.1% w= ® fl it 9,875 12.1% 3,275 66.8% & # Fl HH) 10,698 13.1% A3,598 66.4% a a Hl ae| 7.360 9.0% 2,360 67.9% % £ | 72,202 > 100.0% 100.0% 101.1% a = eH 9,588 13.3% 62.6% (& @ &

  16. Slide 16: Contents

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  17. Slide 17: Subscriber Data

    MARIS (fiz : ##) SOAR at 10A 1A 12A IRDA 346,967 47,219 48,113 46,913 142,245 489,212 FRAOEX 289,752 64,883 54,483 55,398 174,764 464,516 EDINA 57,215 17,664 46370 A8,485 ) wemiseer 451 A789 A377 ABI 8) mENERRA2 860 662 319 159 1,140 HRA EDRMA PL 2,933,617, 2,915,953 2,909,583! 2,901,098 IINNNPMclen

  18. Slide 18: Quarterly Subscriber Data FY2018

    BUH (2O17FE) MARI (BAfir : ) S| DOSHHA 58 2 COHHA 5B 2 DOHA SR St 5 3 DOsHHA 58 3 DOHA SR St 58 4 HHA PIAL 103,550 138,895 242,445 176,758 419,203 171,446 PRL 124,455 122,129 246,584 137,781 384,365 153,067 537,432 TEDRDDA ERK A20,905 16,766 44,139 38,977 34,838 18,379 53,217 Fl) ese"! A1,070 427 A6

  19. Slide 19: Income Statement (Consolidated)

    UXSctR i GEKA) 201 7 SBSH RA IAL 100.0% 2018 EBS (#7 | BF) Bi FalBALE 101.2% ARBGAMA 52,204 86.1% 52,929 86.2% 101.4% EOLA 8,430 13.9% 8,449 13.8% 100.2% Wl se LRM 31,806 52.5% 35,724 58.2% 112.3% ToL RA 28,828 47.5% 25,653 41.8% 89.0% Ill SRsCH RO MRE 19,431 32.0% 18,889 30.8% 97.2% MAH CABS SOX IV

  20. Slide 20: Income Statement (Non-consolidated)

    UXSctK (BAA) (#4: RAPA) 2017 SBS HA IQA EE BF Pal BALE 101.1% BA BOAMA 52,204 97.4% 52,929 97.7% 101.4% EOLA 1,386 2.6% 1,238 2.3% 89.3% Wl BLM 28,205 52.6% 31,252 57.7% 110.8% ToL Aa 25,384 474% 22,915 42.3% 90.3% Ill ReBRO-PREES 16,345 30.5% 16,571 30.6% 101.4% POSE BAA Alla IV BS NMat 359 0.7% 68

  21. Slide 21: Cost Details

    BADR (Bf) (#7: BAA) 201777 ESPON VERB DB LRMOE SAR a8 18,871 21,239 112.5% IRSA 3,848 3,889 101.1% ARMAS AS 14,498 16,768 115.7% ZO Bas 524 580 110.8% Ries 2,044 2114 103.5% FOFSLUTKA 1,828 1,950 106.6% ZOth 5,461 5,948 108.9% at 28,205 31,252 110.8% QMRBRU—BEBROE SAR Weert 760 734 96.6% SEES 189 22

  22. Slide 22: Non-operating and Extraordinary Items

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  23. Slide 23: Segment Information

    WT XY BAUD (ifr : BAF) SLE CTXY b Fillet AEB (9428) 2017FE 20184 AES 2017FE 201 84 AES Poe 3c eee 3m; BCE 57,698 58,176 100.8% 9,303 6,483 69.7% TLY-FTAYT 5,528 6,472 117.1% 143 281 195.6% at 63,226 64,648 102.2% 9,447 6,764 71.6% FEE OX) A2,591 A3,269 - A50 - - ia 60,635 61,378 101.2% 9,396 6,764 7

  24. Slide 24: Balance Sheet (Consolidated)

    (8802 : BPS) 20184 3 A31ARE 201812A31 BRE BORAT cD Leak RH FEBRILE if fe Be Lt BRAS BISBAL HAE 56,761 65.2% 61,290 67.1% 4,528 108.0% eae 30,321 34.8% 30,076 32.9% A245 99.2% WHA 29,231 33.6% 30,674 33.6% 1,442 104.9% Hea 2,857 3.3% 2,940 3.2% 83 102.9% BAKE 5,000 5.7% 5,000 5.5% - 100.0% BARE 2,738

  25. Slide 25: Balance Sheet (Non-consolidated)

    Sania (Bh) (#4: BPA) 20184 3 A311 ARE 2018412A31 ARE FURBA & O LEB in FULL fe pelt HISAR BOREAL RHA 50,513 64.1% 54,838 66.0% 4,325 108.6% Bene 28,239 35.9% 28,249 34.0% 9 100.0% WA 27,895 35.4% 29,481 35.5% 1,585 105.7% Bea 2,056 2.6% 2,260 2.7% 203 109.9% BASE 5,000 6.3% 5,000 6.0% - 100.0% BARRE

  26. Slide 26: WOWOW Notice and Contact

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WOWOW — Q3 FY2019 Earnings Presentation on 6ix