Hakuhodo Dy Holdings Incorporated · TSE:2433
Hakuhodo Dy — FY2018 Earnings Presentation
32 slides from Hakuhodo Dy's earnings presentation, May 14, 2019
Slide 1: Consolidated Financial Highlights Fiscal Year Ended March 31, 2019 (FY2018)
Consolidated Financial Highlights Fiscal Year Ended March 31, 2019 (FY2018) 2019.5.14
Slide 2: Cautionary statement concerning forward-looking statements, Note concerning audits
Cautionary statement concerning forward-looking statements, Note concerning audits This presentation includes forward-looking statements concerning forecasts of operating results, business plans and policies, management strategies, goals, plans, numbers involving the future, views and evaluations of
Slide 3: Consolidated Financial Highlights for FY 2018
Consolidated Financial Highlights for FY 2018
Slide 4: Financial Highlights (1)
Consolidated Financial Highlights （1） Exceeded Medium-Term Business Plan target of ¥57.0 billion in operating income before amortization of goodwill The figures in parentheses below represent amount and percentage increases/decreases that exclude the impact from the sale of Mercari, Inc.’s shares (h
Slide 5: Financial Highlights (2)
Consolidated Financial Highlights （2） (Millions of yen) 1H of 2H of Total of YoY comparisons YoY comparisons YoY comparisons FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 Change (%) Change (%) Change (%) Billings 610,945 663,375 52,430 8.6% 724,085 782,239 58,153 8.0% 1,335,030 1,445,614 110,583 8.3% Re
Slide 6: Financial Highlights (3)
Consolidated Financial Highlights （3） 【Consolidated Financial Highlights】 【Impact from Mercari】 【Excluding impact from Mercari】 Full year Full year Full year FY2017 FY2018 YoY comparisons FY2017 FY2018 YoY comparisons FY2017 FY2018 YoY comparisons (Millions of yen) (Result) (Result) change （％） (Resu
Slide 7: Financial Highlights (4)
Consolidated Financial Highlights （4） (Millions of yen) 1Q of 2Q of 3Q of 4Q of Total of YoY comparisons YoY comparisons YoY comparisons YoY comparisons YoY comparisons FY2018 FY2018 FY2018 FY2018 FY2018 Change (%) Change (%) Change (%) Change (%) Change (%) Billings 323,870 22,706 7.5% 339,504 29,7
Slide 8: Financial Highlights (5)
Consolidated Financial Highlights （5） 【Excluding impact from Mercari】 (Millions of yen) 1Q of 2Q of 3Q of 4Q of Total of FY2018 YoY comparisons FY2018 YoY comparisons FY2018 YoY comparisons FY2018 YoY comparisons FY2018 YoY comparisons (Result) change （％） (Result) change （％） (Result) change （％） (Res
Slide 9: Financial Highlights (6)
Consolidated Financial Highlights （6） 【Difference between full-year results and forecast announced in November 2018】 （Millions of yen） Full year Full year Full year Difference between full-year results and forecast announced in November 2018 FY2017 New forecasts YoY comparisons FY2018 YoY comparison
Slide 10: Results by Region (1)
Results by Region （1） Total of YoY comparisons FY2017 FY2018 (Millions of yen) Change （%) Billings 1,255,184 1,300,835 45,651 3.6% ■ Japan: Impact from Mercari ■ Revenue 240,803 264,213 23,409 9.7% ・Please refer to page 11 for results that exclude Japan (Gross margin) (19.2%) (20.3%) (+1.1%) the imp
Slide 11: Results by Region (2)
Results by Region （2） 1H of 2H of Total of YoY comparisons YoY comparisons YoY comparisons FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 (Millions of yen) Change （%) Change （%) Change （%) Billings 572,314 595,522 23,207 4.1% 682,869 705,313 22,444 3.3% 1,255,184 1,300,835 45,651 3.6% Revenue 107,998 126
Slide 12: Results by Region (3)
Results by Region （3） Results by Region (Japan) 【Excluding impact from Mercari】 1Q of 2Q of 3Q of 4Q of Total of YoY comparisons YoY comparisons YoY comparisons YoY comparisons YoY comparisons FY2018 FY2018 FY2018 FY2018 FY2018 (Millions of yen) Change （%) Change （%) Change （%) Change （%) Change （%)
Slide 13: Billings by Industry (New compiling method) (1)
Billings by Industry (New compiling method)（1） (Millions of yen) Total of YoY comparisons FY2017 Share FY2018 Share Change （%) Automobiles/Related products 139,097 12.7% 128,027 11.6% (11,070) -8.0% Information/Communications 125,302 11.5% 134,784 12.2% 9,482 7.6% Beverages/Cigarettes/Luxury foods 1
Slide 14: Billings by Industry (New compiling method) (2)
Billings by Industry (New compiling method) （2） Year-on-year changes for the period ended March 2019 (Millions of yen) Restaurant/Services Information/Communications Major Changes (Largest Increases) Total of Y o Y comparisons Distribution/Retailing FY'18 (%) Change Energy/Material/Machinery Restaur
Slide 15: Billings by Industry (New compiling method) (3)
Billings by Industry (New compiling method) （3） Quarterly YoY Changes (1) Top 3 Largest Total(±) Changes by Industry（Millions of Yen） Restaurant/Services Information/Communications Distribution/Retailing +12,000 +12,000 +12,000 +10,450 +10,000 +10,000 +9,482 +10,000 +8,000 +8,000 +8,000 +6,000 +6,00
Slide 16: Billings by Industry (New compiling method) (4)
Billings by Industry (New compiling method) （4） Quarterly YoY Changes(2) Other Major Industries（Millions of Yen） Beverages/Cigarettes/Luxury foods Cosmetics/Toiletries Finance/Insurance +12,000 +12,000 +12,000 +10,000 +10,000 +10,000 +8,000 +8,000 +8,000 +6,000 +6,000 +6,000 +4,000 +4,000 +4,000 +2,
Slide 17: Billings by Industry (New compiling method) (5)
Billings by Industry (New compiling method) （5） (Millions of yen) １Ｑ of YoY comparisons 2Q of YoY comparisons ３Ｑ of YoY comparisons ４Ｑ of YoY comparisons Total of YoY comparisons FY2018 Change （%) FY2018 Change （%) FY2018 Change （%) FY2018 Change （%) FY2018 Change （%) Automobiles/Related products 26
Slide 18: Billings by Industry (New compiling method) (6)
Billings by Industry (New compiling method) （6） 【Reference: Results for FY2017 under the New Compilation Method】 (Millions of yen) １Ｑ of YoY comparisons 2Q of YoY comparisons ３Ｑ of YoY comparisons ４Ｑ of YoY comparisons Total of YoY comparisons FY2017 Change （%) FY2017 Change （%) FY2017 Change （%) FY
Slide 19: Billings by Service Area (1)
Billings by Service Area (1) (Millions of yen) Total of Total of YoY comparisons FY2017 FY2018 Amount Share Amount Share Change （%) Newspapers 55,664 4.7% 48,022 4.0% (7,642) -13.7% Magazines 20,753 1.8% 17,984 1.5% (2,769) -13.3% Radio 13,209 1.1% 13,690 1.1% 481 3.6% Television 442,514 37.7% 439,0
Slide 20: Billings by Service Area (2)
Billings by Service Area (2) (Millions of yen) １Ｑ of 2Ｑ of 3Ｑ of 4Ｑ of Total of YoY comparisons YoY comparisons YoY comparisons YoY comparisons YoY comparisons FY2018 FY2018 FY2018 FY2018 FY2018 Amount Change （%) Amount Change （%) Amount Change （%) Amount Change （%) Amount Change （%) Newspapers 10,6
Slide 21: Changes in SG&A Expenses (1)
Changes in SG&A Expenses（1） (Millions of yen) 1Ｈ of YoY comparisons ２Ｈ of YoY comparisons Total of YoY comparisons FY2017 FY2018 Change （%) FY2017 FY2018 Change （%) FY2017 FY2018 Change (%) Personnel costs 69,370 81,235 11,864 17.1% 77,462 91,539 14,077 18.2% 146,832 172,774 25,942 17.7% Other Ｅxpen
Slide 22: Changes in SG&A Expenses (2)
Changes in SG&A Expenses（2） (billions of yen) Change Factors in SG&A Expenses ↑4.1 ↑7.7 ↑3.3 ↑0.2 ↑24.1 259.5 220.1 200 FY2017 Changes in Retirement Amortization Personnel costs Others FY2018 consolidation benefit costs of goodwill (excl. factors (excl. factors at left) at left) May 14, 2019 Consoli
Slide 23: Non-Operating Items and Extraordinary Gains and Losses
Non-Operating Items and Extraordinary Gains and Losses (Millions of yen) １Ｈ of YoY comparisons ２Ｈ of YoY comparisons Total of YoY comparisons FY2017 FY2018 Change （%） FY2017 FY2018 Change （%） FY2017 FY2018 Change （%） Non-operating income 1,602 2,228 625 39.1% 1,204 1,946 741 61.6% 2,807 4,175 1,367
Slide 24: Consolidated Balance Sheets
Consolidated Balance Sheets (Millions of yen) Mar. 31, 2018 Mar. 31, 2019 Comparisons Amount Share Amount Share Change (%) Current assets 538,905 67.5% 613,795 67.8% 74,890 13.9% Fixed assets 259,230 32.5% 291,751 32.2% 32,521 12.5% Total assets 798,135 100.0% 905,547 100.0% 107,411 13.5% Current li
Slide 25: Consolidated Statements of Cash Flow
Consolidated Statements of Cash Flow (Millions of yen) Total of Y o Y comparisons FY2017 FY2018 Change Cash flow from operating activities 32,372 53,522 21,150 Cash flow from investing activities (20,499) (22,815) (2,316) Cash flow from financing activities (14,401) (21,974) (7,572) Effect of exchan
Slide 26: Highlights of Operating Results at Major Subsidiaries
Highlights of Operating Results at Major Subsidiaries (Millions of yen) ◎Billings rose ¥51.8 billion, or 5.5%, year on year. Total of YoY comparisons ・Client industries with billings increases: Restaurant/Services, Information/Communications FY2017 FY2018 Change (%) ・Client industries with billings
Slide 27: Business Outlook for Fiscal 2019
Consolidated Business Outlook for Fiscal 2019
Slide 28: Business Outlook for Fiscal 2019 (1)
Consolidated Business Outlook for Fiscal 2019（1） Projecting Gradual Profit Growth in the First Year of the New Medium-Term Business Plan 【Overview of consolidated forecasts excluding the impact from Mercari】 ◎ Macro environment: Domestic advertising market to grow roughly 1.5% ・Global economy: Despi
Slide 29: Business Outlook for Fiscal 2019 (2)
Consolidated Business Outlook for Fiscal 2019（2） 【Consolidated Financial Highlights】 【Impact from Mercari】 【Excluding impact from Mercari】 Full year Full year Full year FY2018 FY2019 YoY comparisons FY2018 FY2019 YoY comparisons FY2018 FY2019 YoY comparisons (Millions of yen) (Result) (Forecasts) ch
Slide 30: Business Outlook for Fiscal 2019 (3)
Consolidated Business Outlook for Fiscal 2019（3） 【Excluding impact from Mercari】 As of May.14, 2019 (Millions of yen) 1H 2H Full Year FY2018 FY2019 YoY comparisons FY2018 FY2019 YoY comparisons FY2018 FY2019 YoY comparisons (Result) (Forecasts) change （％） (Result) (Forecasts) change （％） (Result) (Fo
Slide 31: Business Outlook for Fiscal 2019 (4)
Consolidated Business Outlook for Fiscal 2019（4） 【Consolidated Financial Highlights】 As of May.14, 2019 （Millions of yen） 1H 2H Full Year FY2018 FY2019 YoY FY2018 FY2019 YoY FY2018 FY2019 YoY (Result) (Forecasts) change （％） (Result) (Forecasts) change （％） (Result) (Forecasts) change （％） Billings 663
Slide 32: Note on Tsutawaru Font
Text is this document is printed in “Tsutawaru Font,” an original font jointly developed by Hakuhodo Inc., TypeBank Co., Ltd., and Keio University. Developed based on the concept of universal design, the purpose of the font is to prevent reading errors and enhance the readability of the text.