Sankyo Co., Ltd. · TSE:6417
Sankyo — H1 FY3/2017 Earnings Presentation
28 slides from Sankyo's earnings presentation, Nov 9, 2016
Slide 1: Presentation on Business Results for the First Six Months of FY 3/2017
証券コード 6417 ２０１７年３月期 第２四半期 Presentation on Business Results for the First Six Months of FY 3/2017 (April 1, 2016 to September 30, 2016) 決算説明会 Kimihisa Tsutsui 平成２８年１１月９日 President & Chief Operating Officer November 9, 2016 at Bellesalle Yaesu 代表取締役社長 筒井公久 1st Sec. of the TSE #6417 【見通しに関する注意事項】 Curre
Slide 2: Overview of the First Six Months of FY 3/2017
２０１７年３月期 第２四半期 総括 Overview of the First Six Months of FY 3/2017
Slide 3: Business Results for the First Six Months of FY 3/2017 (Highlights)
2 ２０１７年３月期 第２四半期実績 Business Results for the First Six Months of FY 3/2017 (Highlights) FY 3/2016 FY 3/2017 YoY million yen 6 Months 6 Months 売上高 74,648 31,821 -42,827 Net Sales -57.4% 営業利益 11,377 (1,684) -13,061 Operating Income 経常利益 12 243 12,243 (1 757) (1,757) -14,000 14 000 Recurring Income 当期純利
Slide 4: Pachinko and Pachislot Machines Sales Results
3 パチンコ機・パチスロ機 販売実績 Pachinko and Pachislot Machines Sales Results FY 3/2016 FY 3/2017 YoY 6 Months 6 Months パチンコ機 153,795 77,688 -76,107 Pachinko Machines -49.5% SANKYO+JB 89,753 41,562 -48,191 48 191 -53.7% Bisty 64 042 64,042 36 126 36,126 -27,916 27,916 -43.6% パチスロ機 チ 機 44 752 44,752 11 545 11,545
Slide 5: Net Sales
4 連結売上高 Net Sales ２０１６年３月期 FY 3/2016 1st Six Months ２Ｑ (Apr-Sep) 74,648 （（４月-９月） 月 月） パチンコ機関連事業 Pachinko Machines Business -29,538 パチスロ機関連事業 Pachislot Machines Business -9,895 補給機器関連事業 Ball Bearing Supply Business -3,280 その他の事業 Other Businesses -112 ２０１７年３月期 FY 3/2017 1st Six Months ２Ｑ (Apr-Sep) 31,
Slide 6: Sales of Pachinko Machines Business
5 パチンコ機関連事業売上高 Sales of Pachinko Machines Business ２０１６年３月期 FY 3/2016 1st Six Months ２Ｑ (Apr-Sep) 53,377 （（４月-９月） 月 月） ＳＡＮＫＹＯ＋ＪＢパチンコ機の数量減少 Sales volume of SANKYO-brand and JB-brand pachinko machines decreases. -14,213 ＳＡＮＫＹＯ＋ＪＢパチンコ機の価格上昇 Unit price of SANKYO-brand and JB-brand pachinko machines incr
Slide 7: Sales of Pachislot Machines Business
6 パチスロ機関連事業売上高 Sales of Pachislot Machines Business ２０１６年３月期 FY 3/2016 1st Six Months ２Ｑ (Apr-Jun) 14,932 （（４月-９月） 月 月） ＳＡＮＫＹＯパチスロ機の数量減少 Sales volume of SANKYO-brand pachislot machines decreases. -2,479 ＳＡＮＫＹＯパチスロ機の価格上昇 Unit price of SANKYO-brand pachislot machines increases. +416 Ｂｉｓｔｙパチスロ機の数量減少 Sa
Slide 8: Operating Income
7 連結営業利益 Operating Income ２０１６年３月期 FY 3/2016 1st Six Months ２Ｑ (Apr-Sep) 11,377 （（４月-９月） 月 月） パチンコ機売上総利益の減少 The gross profit of the pachinko machine sales decreases. -9,775 パチスロ機売上総利益の減少 -3,905 The gross profit of the pachislot machine sales decreases. 広告宣伝費の増加 98 -98 Ad ti i expenses increases. Adv
Slide 9: Revision of the Forecast of the Financial Results for FY 3/2017
8 ２０１７年３月期 業績予想の修正 Revision of the Forecast of the Financial Results for FY 3/2017 FY 3/2017 (11-May) (8-Nov) Change million yen 売上高 135,000 90,000 -45,000 Net Sales -33.3% 営業利益 16,000 3,000 -13,000 13 000 Operating Income -81.3% 経常利益 16 800 16,800 4 000 4,000 -12,800 , Recurring Income -76.2% 当期純利益
Slide 10: Forecast of Net Sales
9 連結売上高の予想 Forecast of Net Sales 前回予想 Previous forecast （５月１１日） (11-May) 135,000 パチンコ機関連事業 Pachinko Machines Business -27,900 パチスロ機関連事業 Pachislot Machines Business -12,500 補給機器関連事業 Ball Bearing Supply Business -4,600 4 600 その他の事業 Other Businesses 0 Latest forecast 今回予想 （１１月８日） (8-Nov) 90,000 -45,000
Slide 11: Forecast of Operating Income
10 連結営業利益の予想 Forecast of Operating Income 前回予想 Previous forecast (11-May) 16,000 （５月１１日） パチンコ機売上総利益の減少 The gross profit of the pachinko machine sales decreases. -12,200 パチスロ機売上総利益の減少 -5,900 The gross profit of the pachislot machine sales decreases. 広告宣伝費の減少 +2,610 Advertising expenses decreases. 販売手
Slide 12: Number of Pachinko/Pachislot Titles to be Released
11 販売予定タイトル数 Number of Pachinko/Pachislot Titles to be Released Q2 Q1 フィーバー a-nation From Q3 onward Q3以降 FFever a-nation i パトラッシュ J Patrush J フィーバーバニー＆バニー Fever Bunny & Bunny x3 鉄拳 ２ 闘神ver. TEKKEN 2 Toushin ver. F フィーバー夢福神 Fever Yume-fukujin Y f k ji フィーバータイガーマスク３ F Fever Tigermask Tig k3 x1 フィーバーアク
Slide 13: Market Forecasts and SANKYO's Initiatives
市場の見通し と当社の取り組み Market Forecasts and SANKYO’s Initiatives
Slide 14: Pachinko Diffusion Index
13 全般的業況は改善傾向 Overall Business Conditions Are Trending Upward. パチンコDI調査 Pachinko Diffusion Index +70 全般的業況 パチスロ稼働状況 +0 Overall business conditions Pachislot machine utilization rate -22.2 -31.9 -29.2 パチンコ稼働状況 Pachinko machine utilization rate -70 Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec 2014 2015
Slide 15: Forecasts of the Business Environment and the Market: Pachinko
14 当面の経営環境と市場の見通し Forecasts of the Business Environment and the Market for the Time Being P achinko 1 短期間に多数の大型機種が登場 市場に高揚感 短期間に多数の大型機種が登場、市場に高揚感 Debut of many major titles in a short period of time will excite the market. 2 新基準機の成功事例が生まれ始める Successful cases of machines compliant with new standards
Slide 16: Forecasts of the Business Environment and the Market: Pachislot
15 当面の経営環境と市場の見通し Forecasts of the Business Environment and the Market for the Time Being Pachi S lot 1 良好な稼働を支える旧基準機が徐々に減少 Gradual decrease in machines compliant with former standards that are supporting high machine utilization at pachinko parlors 2 新基準機の成功事例がほとんどない Very few successful cases of ma
Slide 17: Issues for the Time Being
16 当面の課題 Issues for the Time Being 1 作り手のこだわりとフ ンの嗜好のミスマ チの解消 作り手のこだわりとファンの嗜好のミスマッチの解消 Eliminating the mismatch between manufacturers’ focus and players’ preference 2 生産コスト（原価、費用）の削減 Reduction of production cost (cost, expenses) 3 部門別の課題の抽出と対策の実施 Identification of issues by division and implementati
Slide 18: Trend of R&D Expenses
17 研究開発費の推移 Trend of R&D Expenses 49,668 46,240 42,340 42,665 41 41,500 ２０１５年３月期をピークに抑制へ Curtailed after peaking in FY 3/2015 24 499 24,499 24,559 21,173 , 23,288 21,959 販売費及び一般管理費 販売費及び 般管理費 SG&A Expenses 研究開発費 R&D Expenses E million yen FY 3/2013 FY 3/2014 FY 3/2015 FY 3/2016 FY 3/2017E
Slide 19: Appendix
付属資料 Appendix
Slide 20: Business Results for the First Six Months of FY 3/2017
19 ２０１７年３月期 第２四半期実績 Business Results for the First Six Months of FY 3/2017 FY 3/2016 FY 3/2017 Full-Year Forecast FY 3/2016 FY 3/2017 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (11-May) (8-Nov) Change Q1 Q2 Q3 Q4 Q1 Q2 売上高 Net Sales 74,648 31,821 -42,827 135,000 90,000 -45,000 35,947 38,
Slide 21: Pachinko Machines Business
20 パチンコ機関連事業 Pachinko Machines Business FY 3/2016 FY 3/2017 Full-Year Forecast FY 3/2016 FY 3/2017 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (11-May) (8-Nov) Change Q1 Q2 Q3 Q4 Q1 Q2 売上高 Net Sales 53 377 53,377 23 839 23,839 -29 538 -29,538 95 200 95,200 67 300 67,300 -27 900 -27,900 20
Slide 22: Pachislot Machines Business
21 パチスロ機関連事業 Pachislot Machines Business FY 3/2016 FY 3/2017 Full-Year Forecast FY 3/2016 FY 3/2017 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (11-May) (8-Nov) Change Q1 Q2 Q3 Q4 Q1 Q2 売上高 Net Sales 14 932 14,932 5 037 5,037 -9,895 9 895 27 500 27,500 15 000 15,000 -12,500 12 500 11 504
Slide 23: Gross Margin/Operating Margin
22 売上総利益率／営業利益率 Gross Margin/Operating Margin FY 3/2016 FY 3/2017 Full-Year Forecast FY 3/2016 FY 3/2017 連結 Consolidated 6 Months 6 Months YoY (11-May) (8-Nov) Change Q1 Q2 Q3 Q4 Q1 Q2 売上総利益率 Gross Margin 45.3% 54.1% +8.8pt 46.7% 33.0% -13.7pt 43.2% 47.2% 44.0% 44.5% 51.3% 55.2% 営業利益率 Operating Marg
Slide 24: Return on Equity
23 ＲＯＥ Return on Equity mil yen F Y3 /2 0 1 0 3 /2 0 1 1 3 /2 0 1 2 3 /2 0 1 3 3 /2 0 1 4 3 /2 0 1 5 3 /2 0 1 6 3 /2 0 1 7 E 売上高 Net Sales 222,673 201,606 173,682 104,150 158,453 146,579 137,130 90,000 営業利益 Operating Income 55,776 51,923 40,315 7,023 28,023 13,233 18,826 3,000 経常利益 Recurring Income
Slide 25: Game Machine Market
24 遊技機市場 Game Machine Market 全日遊連加盟パーラーの状況 3,500 Situation of Parlors that Are Members of Zennichiyuren パチンコ設置台数 N off installed No. i t ll d Pachinko P hi k Machines M hi 営業中の店舗数 No. of outlets currently in operation 3,000 3,107 3,042 3,009 2,954 10,342 10,327 10,325 10,315 10,273 2,918 10,210 10,1
Slide 26: Number of Titles Sold (All Manufacturers)
25 販売タイトル数推移（全メーカー） Number of Titles Sold (All Manufacturers) パチンコ機 Pachinko Machines CY2011 107 ・１タイトル当たり販売台数 2014年度：18,694台（2,019千台÷108） 2012 106 2015年度：17,462台（1,886千台÷108） 2013 106 ・Sales per title CY2014: 18,694 units (2,019,000 units/108) 2014 108 CY2015: 17,462 units (1,886,000 units/108) 201
Slide 27: Compliance with Format Inspection
26 型式試験適合状況 Compliance with Format Inspection パチンコ機 Pachinko Machines アレンジ じ ん球含む アレンジ、じゃん球含む including Arrange Ball,Jong-Kyu 2011 2012 2013 2014 2015 2016 J-S 受付 Applicant 614 598 503 613 731 657 適合 Pass 536 534 412 505 519 304 不適合 適 F il Fail 69 87 71 97 172 363 SANKYO+JB 21 30 28 40 38 29 Bisty 1
Slide 28: Contact Us
27 Contact Us +81-3-5778-7773 ir-desk@sankyo-fever.co.jp y jp http://www.sankyo-fever.co.jp/ https://www.facebook.com/sankyo.fever http://ch.nicovideo.jp/SANKYOFEVERTV https://www.youtube.com/user/SANKYOFEVERTV