SKY Perfect JSAT Corporation · TSE:9412
SKY Perfect JSAT — Q1 FY2019 Earnings Presentation
28 slides from SKY Perfect JSAT's earnings presentation, Aug 1, 2019
Slide 1: Earning Results Briefing for 1Q/2019
Earning Results Briefing for 1Q/2019 August 1, 2019 (Thursday) SKY Perfect JSAT Holdings Inc.
Slide 2: Forward-looking Statements
Forward-looking Statements Statements about the SKY Perfect JSAT Group’s forecasts, strategies, management policies, and targets contained in this presentation that are not based on historical facts constitute forward-looking statements. These statements are based on management’s assumptions, plans,
Slide 3: Consolidated Business Performance for 1Q/2019
Consolidated Business Performance for 1Q/2019
Slide 4: Summary of Income Statements
Summary of Income Statements ■ Both revenue and profit made progress as planned. Space Business had decreased revenue and profit due to handover of the satellite to the Ministry of Defense and a decrease in sales (¥23 billion) on 1Q 2018. (Unit: ¥ millions) Progress on FY2019 Year-On-Year FY2018/1Q
Slide 5: Earnings Overview for Media Business (Year-on-Year Comparison)
Earnings Overview for Media Business (Year-on-Year Comparison) ■ Revenues of optical retransmission service had increased 0.5 billion yen. (Unit: ¥ millions) Revenues (¥0.87B)* Revenues Operating Expenses 30,000 <Main Factors for Increases or Decreases> 25,857 ・Decrease in subscription fees :(¥1.1B)
Slide 6: Earnings Overview for Space Business (Year-on-Year Comparison)
Earnings Overview for Space Business (Year-on-Year Comparison) ■ Space Business had decreased revenue and profit due to handover of the satellite to the Ministry of Defense in sales (¥23 billion) on 1Q 2018. Horizons 3e contributed to revenue of Space Business by 0.1billion yen. (Unit: ¥ millions) R
Slide 7: Media Business
¥ Media Business
Slide 8: Expansion of TV service using optical lines (terrestrial, BS retransmission)
Expansion of TV service using optical lines (terrestrial, BS retransmission) All new 4K/8K satellite broadcasting channels are now available with * Up to September 2019 optical lines Started provision in December 2018 Starting provision in September 2019 + The dedicated adapter eliminates the need N
Slide 9: Expansion of TV service using optical lines (terrestrial, BS retransmission)
Expansion of TV service using optical lines (terrestrial, BS retransmission) Expansion of revenue through revision Expansion of new optical of SKY Perfect JSAT facility usage fees retransmission service accounts December 2018: Price increase through expanded Strengthened promotion with services(¥210
Slide 10: Pursuing appealing content
Pursuing appealing content ■ European Soccer begins ■Rugby World Cup 2019™ Aug. 16 Sep. 20 New season Season starts opener Photo: Aflo Photo: Aflo As of July 3, 2019 As of July 3, 2019 ©2019, JRFU Photo by S.IDA All Bundesliga matches broadcast Live 4K broadcasting of all 48 games during the Broadca
Slide 11: Online streaming-only new soccer product
Online streaming-only new soccer product Bundesliga: All matches broadcast live Provided contents Portuguese League: All matches with Shoya Nakajima scheduled to play broadcast live Price ¥925 per month (excluded tax) Sales launch date August 1, 2019 (Thursday) * Missed matches can be watched on-dem
Slide 12: Collaboration on "next-generation television"
Collaboration on "next-generation television" x TV makes the home fun. [Next-generation television] Aiming for a never-before-seen new display (in-home HUB) and integration of life services and media services. The new shape of television For example, Today's menu Shopping Healthcare 12
Slide 13: Space Business
Space Business
Slide 14: Space Business achieving sales growth through launch of new satellites
Space Business achieving sales growth through launch of new satellites ■We seek to achieve revenue exceeding 60 billion yen by FY2020 targeting the global mobile market, with a focus on Asia and Horizons 3e have steadily made contracts. Unit: billion yen 70 60 50 Global/mobile 40 Increase in revenue
Slide 15: New High-Throughput Satellite (Horizons 3e)
New High-Throughput Satellite (Horizons 3e) ■ Horizons 3e Horizons 3e coverage map - The Company's first HTS satellite. Service started in January 2019. - Service is currently available, with acquisition of new accounts progressing steadily in Japan and around the world. There are also contracts for
Slide 16: Satellite Fleet Update
Satellite Fleet Update Total of 17 satellites covering from North America to the Indian Ocean Horizons-1 JCSAT-12 (127°W) Horizons-2 (169°E) (85°E) SDS-4 Horizons 3e Low-orbit Satellite JCSAT-85 (169°E) To be transferred (85°E) in December 2019 Superbird-B3 (162°E) JCSAT-110R Hybrid Satellite Superb
Slide 17: References
References oO SKY Perfect JSAT Group
Slide 18: New High-Throughput Satellite (JCSAT-18)
New High-Throughput Satellite (JCSAT-18) ■ JCSAT-18 JCSAT-18 coverage map - The Company's second HTS satellite. Construction is currently progressing steadily. - Currently providing proposals, mainly for mobile backhaul and mobile usage. Public sector, etc., usage has already been decided. In combin
Slide 19: New satellite for mobile communication (JCSAT-17)
New satellite for mobile communication ■ JCSAT-17 JCSAT-17 Satellite (illustration) - Long-term usage planned by NTT DOCOMO, INC. - Equipped with S band and C band for mobile communication. Provision of services for Japan. Credit: Lockheed Martin Overview of the JCSAT-17 satellite • Launch: Second h
Slide 20: Summary of Income Statements by Business Segment (FY2018/1Q~FY2019/1Q)
Summary of Income Statements by Business Segment(FY2018/1Q~FY2019/1Q) (Year-on-year Comparison) ・ Media Business revenue had decreased due to decreasing subscription fee revenue, etc. ・ Optical retransmission service contributed to revenue of Media Business by 0.5billion yen. ・ Space Business revenu
Slide 21: Key Performance Indicators for Media Business
Key Performance Indicators for Media Business (*) ・Number of cumulative subscribers increased to 3,275 thousands, 6 thousands plus compared to the same period of the previous year. ・Number of Cumulative Contractors decreased to 2,772 thousands, 107 thousands minus compared to the same period of the
Slide 22: Consolidated Balance Sheets
Consolidated Balance Sheets Assets Liabilities and Equity (Unit: ¥ million) Equity Ratio ： 58.9 % 59.2% (Unit: ¥ million) 376,102 374,203 376,102 374,203 37,846 44,179 165,966 166,357 114,240 105,969 147,370 145,972 224,014 224,054 9,490 8,962 53,275 52,911 March 2019 June 2019 March 2019 June 2019
Slide 23: Consolidated Cash Flows
Consolidated Cash Flows (Unit: ¥ million) FY2018/1Q FY2019/1Q Net Cash from Operating Activities 7,877 13,524 Net Cash from Investing Activities 10,139 (6,868) Free Cash Flows*1 (2,261) 6,656 Net Cash from Financing Activities 9,076 (5,197) Cash and Cash Equivalents at Term-End(a) 53,072 49,545 Term
Slide 24: Number of New Subscribers
Number of New Subscribers (Unit: Thousand) 137 132 2 125 2 11 2 ■ 6 109 10 3 ■ 13 87 要アップデート 2 10 ■ 124 124 113 93 74 FY2018/1Q 2Q 3Q 4Q FY2019/1Q 24
Slide 25: Churn Rate
Churn Rate Churn Rate（Quarterly basis） Number of Churn Substantial Churn Rate after Number of re-registered subscribers exclusion of re-subscriptions 6.2% (Unit: Thousand) 5.1% 4.7% 4.8% 4.6% 4.5% 3.8% 3.1% 3.2% 2.4% 201 147 156 154 148 74 46 32 34 44 FY2018/1Q 2Q 3Q 4Q FY2019/1Q Note: The churn rat
Slide 26: Subscriber Payments
Subscriber Payments*1 ・ SKY PerfecTV！ 3,304 3,310 3,243 3,208 3,256 (Unit: Yen) 2,927 2,933 2,866 2,831 2,879 377 377 377 377 377 FY2018/1Q FY2018/1Q 2Q 2Q 3Q 3Q 4Q 4Q FY2019/1Q FY2019/1Q ・ SKY PerfecTV！Premium Service 3,674 4,000 3,742 3,732 3,658 3,609 2,000 3,298 3,291 3,217 3,168 3,235 0 443 441
Slide 27: Total Subscribers Acquisition Cost (SAC)
Total Subscribers Acquisition Cost (SAC) (Unit: ¥ million) 3,997 4,073 4,013 872 762 1,059 3,129 2,837 638 641 712 631 501 568 673 629 552 618 159 177 336 242 476 252 345 237 115 179 180 217 1,460 1,543 1,208 1,141 913 FY2018/1Q 2Q 3Q 4Q FY2019/1Q Advertising expenses Promotion expenses Sales incent
Slide 28: Space for your Smile
Space for your Smile Toward a world where uncertainty turns to peace of mind, difficulty turns to ease, and interest turns to passion o SKY Perfect JSAT Group
SKY Perfect JSAT Holdings — Q1 FY2019 Earnings Presentation on 6ix