Koei Tecmo Holdings Co., Ltd. · TSE:3635
Koei Tecmo — H1 FY2014 Earnings Presentation
33 slides from Koei Tecmo's earnings presentation, Nov 1, 2013
Slide 1: Fiscal Year Ending March 2014 1st Half Financial Results
Fiscal Year Ending March 2014 1st Half Financial Results
Slide 2: Financial Summary (FY2013 1st Half)
Financial Summary (FY2013 1 Half) st Sales and profit increased for the third consecutive year! Achieve an all-time high financial results for the first half!! (Units: Millions of Yen) Term ended Sep. 2012 Term ended Sep. 2013 YoY Change Amount Ratio Amount Ratio Amount Ratio Sales 13,724 100.0% 15,
Slide 3: Major Titles and Events (FY2013 1st Half)
Major Titles and Events (FY2013 1 Half) st ※English name is tentative
Slide 4: Sales and Operating Profit by Business Segment (FY2013 1st Half)
Sales and Operating Profit by Business Segment st (FY2013 1 Half) Term ended Sep. 2013 (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 9,773 3,025 820 1,070 924 199 15,813 354
Slide 5: Net Sales by Region (FY2013 1st Half)
Net Sales by Region (FY2013 1 Half) st (Units:Millions of Yen) Term ended Sep. 2012 Term ended Sep. 2013 YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 10,849 79.1% 12,781 82.7% 1,932 17.8% Overseas 2,875 20.9% 2,678 17.3% 197 6.9% North America 1,443 10.5% 1,191 7.7% 252 17.5% Europe
Slide 6: Sales Units by Region (FY2013 1st Half)
Sales Units by Region (FY2013 1 Half) st (Thousands of Units) Term ended Sep. 2012 Term ended Sep. 2013 YoY Change Area Units Ratio Units Ratio Units Ratio Japan 1,230 41.0% 1,520 53.9% 290 23.6% Overseas 1,770 59.0% 1,300 46.1% 470 26.6% North America 990 33.0% 580 20.6% 410 41.4% Europe 500 16.7%
Slide 7: Major Expenses, Capital Expenditure and Depreciation Expenses (FY2013 1st Half)
Major Expenses, Capital Expenditure and st Depreciation Expenses (FY2013 1 Half) Sales Ratio COG Capital Expenditure and (Millions of Yen) Depreciation Expenses SG&A 80 Improved 8.5 points Operating Profit 800 Depreciation Ratio Expenses 70 69.0% Capital Expenditure 60.5% 60 600 50 450 40 419 Increa
Slide 8: Consolidated Plan (Fiscal Year Ending March 31, 2014)
TECMO KOEI HOLDINGS CO.,LTD. Consolidated Plan (Fiscal Year Ending March 31, 2014)
Slide 9: Financial Summary (Plan FY2013)
Financial Summary (Plan FY2013) (Units:Millions of Yen) FY2012 FY2013(Plan) YoY Change Amount Ratio Amout Ratio Amount Ratio Sales 34,639 100.0% 37,000 100.0% 2,361 6.8% Operating 6,208 17.9% 7,000 18.9% 792 12.8% Profit Ordinary 8,835 25.5% 9,000 24.3% 165 1.9% Profit Net Income 5,656 16.3% 5,700 1
Slide 10: Sales and Operating Profit by Business Segment (Plan FY2013)
Sales and Operating Profit by Business Segment (Plan FY2013) FY2013(Plan) (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 25,000 6,000 2,200 2,300 1,850 150 37,500 500 37,000
Slide 11: Net Sales by Region (Plan FY2013)
Net Sales by Region (Plan FY2013) (Units:Millions of Yen) FY2012 FY2013(Plan) YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 28,942 83.6% 31,450 85.0% 2,508 8.7% Overseas 5,697 16.4% 5,550 15.0% 147 2.6% North America 2,585 7.5% 2,100 5.7% 485 18.8% Europe 1,664 4.8% 1,650 4.5% 14 0.8%
Slide 12: Sales Units by Region (Plan FY2013)
Sales Units by Region (Plan FY2013) (Thousands of Units) FY2012 FY2013(Plan) YoY Change Area Units Ratio Units Ratio Units Ratio Japan 3,595 54.6% 4,200 66.7% 605 16.8% Overseas 2,990 45.4% 2,100 33.3% 890 29.8% North America 1,635 24.8% 920 14.6% 715 43.7% Europe 860 13.1% 750 11.9% 110 12.8% Asia
Slide 13: Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2013)
Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2013) Sales Ratio Capital Expenditure and COG Depreciation Expenses (Millions of Yen) SG&A 70 Operating Profit 2,500 2,400 Improve 0.4 points Depreciation Ratio Expenses Capital 60 Expenditure 2,000 59.8% 59.4% 50 1,500 40 Improve
Slide 14: Other Income/Foreign currency rate of Investment Assets
Other Income/Foreign currency rate of Investment Assets Other Income Foreign currency rate of Investment Assets Millions of Yen Gain of Sales of investment securities Foreign Yen currency 3,500 Interest Income / Dividend Income 100 Loss on valuation of securities / Loss on redemption of securities 3
Slide 15: Management Policy and Future Business Deployment
Management Policy and Future Business Deployment
Slide 16: Achieved an all-time high for financial results for the first half!
Achieved an all-time high for financial results for the first half! The first half Operating Profit/ The full year Operating Profit/ Sales : Millions of Yen Ordinary ProfitSales : Millions of Yen Ordinary Profit :Millions of Yen Sales :Millions of Yen Operating Profit Ordinary Profit Term ended Term
Slide 17: Management Policy FY2013
Management Policy FY2013 IP Creation and Expansion In order to achieve growth and profitability, aim for integrated progress focused on IP through the creation of new IP and expansion into multi areas. Multi-platform Expansion into many genres IP Tie-ups Collaborative efforts Animation Comics Toys F
Slide 18: IP Creation
IP Creation v ' [ee NONLA GAUIDEN B SOURIDSN
Slide 19: IP Expansion
IP Expansion •“Nobunaga no Yabou Souzou” •“Nobunaga’s Ambition” 30th Anniversary • Simultaneously release of game and animation ※English name is tentative
Slide 20: Achieving growth and profitability
Achieving growth and profitability Development ※English name is tentative
Slide 21: Achieving growth and profitability
Achieving growth and profitability Support new platform aggressively •Support not just the PS4, but other new platforms, as well
Slide 22: Achieving growth and profitability
Achieving growth and profitability Expansion of download business •Expand sales of digital distribution and downloadable contents •Start development of downloadable apps for smartphones in the game software segment
Slide 23: Cost reduction/Business efficiency
Cost reduction/Bussines efficiency Sales Ratio COG SG&A Compare with FY2010 Operating Profit 70 Improve 4.6 points Ratio 60 64.0% 62.0% 59.8% 59.4% 50 40 Compare with FY2010 Improve 3.9 points 30 25.7% 22.3% 21.8% 21.7% 20 17.9% 18.9% 10 16.2% Compare with FY2010 10.3% Improve 8.6 points 0 FY2010 FY
Slide 24: Steady progress in Online & Mobile/Media & Rights segment
Steady progress in Online & Mobile/Media & Rights segment Online & Mobile Segment Media & Rights Segment Sales : Millions of Yen Operating Profit : Millions of YenMillions of Yen Sales Operating Profit Term ended Term ended Term ended Term ended Term ended Term ended Sep. 2011 Sep. 2012 Sep. 2013 Se
Slide 25: Online & Mobile Segment
Online & Mobile Segment • New title “Hyakuman nin no Hokuto Musou” “Mogitate Bijyo Yakyuu! Pretty Nine ” •Strengthen smart phone business Social games/Native applications ※English name is tentative
Slide 26: Online & Mobile Segment
Online & Mobile Segment Multi-platform Own Platform Over 400,000 Users GREE and the GREE logo are trademarks or registered trademarks of GREE. Inc in Japan and/ or other countries.
Slide 27: Online & Mobile Segment
Online & Mobile Segment Expansion of browser games • “AKB48 no Yabou” Yahoo!mobage • “Hyakuman nin no Winning Post Special” Yahoo!mobage Concentrate resources to more profitable projects ※English name is tentative
Slide 28: Online & Mobile Segment
Online & Mobile Segment OverseasFocus on the Asian market • “Samurai Cats” China • “Hyakuman nin no Nobunaga no Yabou” for smart phone Taiwan/Hong Kong/Macao • “Sangokushi sousouden Online(Tentative)” Licensing-out to Nexon ※English name is tentative
Slide 29: Media & Rights Segment
Media & Rights Segment Neo Romance IP •“Geten no Hana Yumeakari” “Kin iro no Koruda AnotherSky feat. Jinnan” Event business •“Neo Romance Festa Kin iro no Koruda 10th Birthday” ※English name is tentative Kure
Slide 30: Pachislot & Pachinko / Amusement Facilities Segment
Pachislot & Pachinko /Amusement Facilities Segment Pachislot & Pachinko Amusement Facilities Sales : Millions of Yen Operating Profit : Millions of Yen Sales : Millions of Yen Operating Profit : Millions of Yen Sales Operating Profit FY2011 FY2012 FY2013(Plan FY2011 FY2012 FY2013(Plan) Using newly o
Slide 31: Toward high growth and profitability
Toward high growth and profitability Sales / Operating Profit / Ordinary Profit Ratio Ordinary Profit Ratio (%) 30 25 20 Sales 15 Operating Profit Ordinary Profit / Ordinary Prof it Ordinary Profit 10 (Millions of Yen) (Millions of Yen) 50,000 20,000 40,000 15,000 30,000 Sales 10,000 20,000 5,000 10
Slide 32: Toward high growth and profitability: Dividend Policy
Toward high growth and profitability Dividend Policy50% payout ratio or dividend of 50 yen Dividend Yen Dividend/Net Income Net Income Millions of Yen 80 10,000 Dividend 70 Net Income 8,000 60 50 6,000 40 30 4,000 33 Yen 33 Yen 29 Yen 20 20 Yen 2,000 10 0 0 FY2010 FY2011 FY2012 FY2013(Plan) Aim to i
Slide 33: Statements regarding future objectives and expectations
This document contains statements regarding future objectives, beliefs and current expectations of TECMO KOEI HOLDINGS CO., LTD. with respect to its financial results. Such statements imply risks and uncertainties and no guarantee of future performance. ※The Other company name, product name, logo ma
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