Hakuhodo Dy Holdings Incorporated · TSE:2433

Hakuhodo Dy — Q3 FY2022 Earnings Presentation

31 slides from Hakuhodo Dy's earnings presentation, Feb 9, 2023

  1. Slide 1: Consolidated Financial Highlights FY2022 Third Quarter

    Consolidated Financial Highlights FY2022 Third Quarter (April-Dec, 2022) February 9, 2023 Hakuhodo DY Holdings, Inc.

  2. Slide 2: Consolidated Results Highlights of Q3 FY 2022

    Consolidated Results Highlights of Q3 FY 2022

  3. Slide 3: FY2022 Q3 Summary

    FY2022 Q3 Summary Top-line growth continued, however, SG&A expenses increased due to strategic spending and other factors, resulting in increased billings and decreased profits. - Billings increased by 8.3% YoY. * - In Japan, Internet media and outdoor media grew by more than double digits from the

  4. Slide 4: Topics

    Topics Enhancement of Metaverse and XR Domain Support Capabilities Launch of MarketOneXR service Metaverse research and information release （DAC） （Hakuhodo DY holdings） • Started to support for advertisement • Established Helix Lab to discover signs of life distribution across multiple metaverse exp

  5. Slide 5: Topics

    Topics Enhancement of Global Domain Enhancement of human resource Acquisition of MA&TH Entertainment Network Pvt Ltd, India Increase 2,390 （Hakuhodo） employees （Hakuhodo DY groups） As of 3/31/2022 As of 12/31/2022 25,522名 27,912名 62nd ACC TOKYO CREATIVITY AWARDS 2022 PR AWARD Grand Prix 2022 Won Min

  6. Slide 6: FY2022 Q3 Income Statement Highlights

    FY2022 Q3 Income Statement Highlights Q3 FY2022, YTD （Millions of JPY） Actual YOY Billings 1,124,392 +85,072 +8.2% Revenue 653,032 +70,429 +12.1% Operating Income 36,109 -11,450 -24.1% Ordinary Income 39,801 -10,600 -21.0% Net Income Attributable to Owners of Parent 20,156 -2,947 -12.8% - Billings i

  7. Slide 7: FY2022 Q3 Results (Excluding Investment Business)

    FY2022 Q3 Results (Excluding Investment Business) Q3 FY2022, YTD (Millions of JPY) Actual YOY Gross profit & Operating Income before amortization of goodwill by quarter Billings 1,118,133 +85,277 +8.3% Revenue 646,773 +70,635 +12.3% Gross Profit 270,866 +17,711 +7.0% Gross Margin 24.2% -0.3pt SGA 24

  8. Slide 8: Results by Region (Japan: Excluding Investment Business)

    Results by Region (Japan: Excluding Investment Business) Q3 FY2022,YTD Gross profit & Operating Income before amortization (Millions of JPY) Actual YOY of goodwill by quarter （millions of JPY） Billings 953,040 +41,305 +4.5% Revenue 481,680 +26,662 +5.9% Gross Profit 202,860 +3,570 +1.8% Gross Margin

  9. Slide 9: Results by Region (Overseas)

    Results by Region (Overseas) Q3 FY2022,YTD (Millions of JPY) Actual YOY Gross profit & Operating Income before amortization of goodwill by quarter Billings 171,780 +46,045 +36.6% （Millions of JPY） Revenue 171,780 +46,045 +36.6% Gross Profit 72,352 +16,164 +28.8% Gross Margin 42.1% -2.6pt SGA 78,203

  10. Slide 10: Billings by Service Category

    Billings by Service Category Q3 FY2022,YTD (Millions of JPY) Composition Actual YOY Ratio Newspapers 23,603 -4,340 -15.5% 2.5% Magazines 6,099 -588 -8.8% 0.6% Radio 8,484 -270 -3.1% 0.9% Television 281,708 -8,419 -2.9% 29.8% Trad-Media Service Subtotal 319,895 -13,618 -4.1% 33.8% Internet Media 245,

  11. Slide 11: Billings by Clients' Industry

    Billings by Clients’ Industry See p.24-27 for details. Q3 FY2022,YTD • The scope of tabulation has been expanded and some of the methods of tabulation have been changed from the current fiscal year, and the results of the previous year have been retroactively restated. - Positive Industries Governme

  12. Slide 12: Selling, General & Administrative Expenses

    Selling, General & Administrative Expenses Q3 FY2022,YTD （Millions of JPY） Actual YOY Major Change Factors in SG&A (Millions of JPY) Personnel 159,743 +14,956 +10.3% Rent 14,971 +1,135 +8.2% Q3 FY21 SG&A 211,828 Change in scope of consolidation +4,821 Depreciations 6,065 +993 +19.6% Amortization of

  13. Slide 13: Other Income & Extra-ordinary Items

    Other Income & Extra-ordinary Items Q3FY2022,YTD Other Income/Loss （Millions of JPY） Actual YOY Non-operating Income 5,046 +1,474 Interest Income 316 +93 Dividend Income 1,874 +72 FOREX 1,191 +1,072 Investment Partership Income 465 +137 Non-operating Expenses 1,354 +624 Interest Expenses 377 +1 Equi

  14. Slide 14: Guidance/Dividend for FY2022

    Guidance/Dividend for FY2022

  15. Slide 15: Guidance for FY2022

    Guidance for FY2022 Forecasts of financial results for the fiscal year ending March 31, 2023 are unchanged from the following previous forecasts. Performance forecast （Millions of JPY） Forecast Billings 1,630,000 Operating Income 51,000 Ordinary Income 53,000 Net Income Attributable to Owners of Par

  16. Slide 16: Dividend forecast for FY2022

    Dividend forecast for FY2022 Forecasts of dividends for the fiscal year ending March 31, 2023 are unchanged from the previous forecasts. Dividend forecast 15

  17. Slide 17: Change in accounting standards & Note Concerning Audits

    Cautionary Statements Concerning Forward-looking Statements, リレーションシップ ID rId2 のイメージ パーツがファイルにありませんでした。 Change in accounting standards & Note Concerning Audits （Cautionary Statements Concerning Forward-looking Statements） This presentation includes forward-looking statements concerning forecasts of

  18. Slide 18: Supplements

    Supplements

  19. Slide 19: Interim Income Statements

    Interim Income Statements Japanese GAAP-basis Interim Income Statements for Q3 FY2022 YTD（9-Month） by Quarter（3-Month） （Millions of JPY） Actual YOY Q1 YOY Q2 YOY Q3 YOY Billings 1,124,392 +85,072 +8.2% 349,106 +6.8% 370,540 +10.8% 404,745 +7.1% Revenue 653,032 +70,429 +12.1% 195,636 +13.5% 223,746 +

  20. Slide 20: Results Excluding Investment Business

    Results Excluding Investment Business Q3 FY2022 YTD（9-Month） by Quarter（3-Month） Results Excluding Investment Business （Millions of JPY） Actual YOY Q1 YOY Q2 YOY Q3 YOY Billings 1,118,133 85,277 +8.3% 345,848 +6.8% 369,763 +11.2% 402,522 +6.9% Revenue 646,773 70,635 +12.3% 192,377 +13.8% 222,969 +13

  21. Slide 21: Results by Region

    Results by Region Q3 FY2022, YTD （Millions of JPY） Actual YOY Japan Billings 959,300 +41,099 +4.5% Revenue 487,940 +26,457 +5.7% Gross Profit 208,868 +3,345 +1.6% SG&A 150,789 +8,788 +6.2% Operating Income 58,079 -5,442 -8.6% Overseas Billings 171,780 +46,045 +36.6% Revenue 171,780 +46,045 +36.6% Gr

  22. Slide 22: Results by Region (YTD, by Quarter)

    Results by Region(YTD, by Quarter) Q3 FY2022 YTD（9-Month） by Quarter（3-Month） Japan (Excluding Investment Business) （Millions of JPY） YTD Actual YOY Q1 YOY Q2 YOY Q3 YOY Billings 953,040 +41,305 +4.5% 298,466 +4.8% 312,603 +7.4% 341,970 +1.9% Gross Profit 202,860 +3,570 +1.8% 61,305 +5.2% 68,673 +1.

  23. Slide 23: Billings by Service Category

    Billings by Service Category Q3 FY2022 YTD（9-Month） by Quarter（3-Month） （Millions of JPY） YTD Actual YOY Q1 YOY Q2 YOY Q3 YOY Newspapers 23,603 -4,340 -15.5% 7,275 -20.9% 7,098 -13.7% 9,229 -12.3% Magazines 6,099 -588 -8.8% 1,553 -18.6% 2,071 -2.6% 2,474 -6.7% Radio 8,484 -270 -3.1% 2,866 -0.7% 2,76

  24. Slide 24: Billings by Clients' Industry

    Billings by Clients’ Industry Q3 FY2022,YTD （Millions of JPY） Actual YOY Composition Information/Communications 103,617 -75 -0.1% 13.1% Beverages/Cigarettes/Luxury foods 88,258 -3,204 -3.5% 11.2% Automobiles/Related products 73,370 -3,135 -4.1% 9.3% Foodstuffs 59,074 +2,310 +4.1% 7.5% Cosmetics/Toil

  25. Slide 25: Billings by Clients' Industry (by Quarter) 1

    Billings by Clients’ Industry (by Quarter) 1 FY2020 FY2021 FY2022 (Millions of JPY) 24

  26. Slide 26: Billings by Clients' Industry (by Quarter) 2

    Billings by Clients’ Industry (by Quarter) 2 (Millions of JPY) 25

  27. Slide 27: Billings by Clients' Industry (by Quarter) 3

    Billings by Clients’ Industry (by Quarter) 3 (Millions of JPY) 26

  28. Slide 28: Billings by Clients' Industry (by Quarter) 4

    Billings by Clients’ Industry (by Quarter) 4 (Millions of JPY) 27

  29. Slide 29: Balance Sheets

    Balance Sheets （Millions of JPY） As of Dec. 2022 Change * Composition Current Assets 694,478 -60,375 67.4% Cash & Deposits 191,894 7,910 Accounts Recievable 350,328 -88,076 Non-current Assets 335,191 37,028 32.6% Tangible Assets 39,654 2,530 Intangible Assets 112,159 39,842 Goodwill 76,708 31,610 In

  30. Slide 30: Cash Flow Statements

    Cash Flow Statements Q3 FY2022, YTD （Millions of JPY） Actual YOY Cash Flows from Operating Activities 50,998 +38,971 Cash Flows from Investing Activities -26,989 -9,167 Purchase of property, plant and equipment -3,666 -240 Purchase of intangible assets -7,241 -3,801 Purchase of investment securities

  31. Slide 31: HakuhodoDY holdings

    HakuhodoDY holdings

Hakuhodo DY Holdings — Q3 FY2022 Earnings Presentation on 6ix