Sankyo Co., Ltd. · TSE:6417
Sankyo — H1 FY3/2013 Earnings Presentation
27 slides from Sankyo's earnings presentation, Nov 6, 2012
Slide 1: Presentation on Business Results for the First Six Months of FY 3/2013
Presentation on Business Results ２０１３年３月期 for the First Six Months of FY 3/2013 (April 1, 2012 to September 30, 2012) 第２四半期 第 四半期 決算説明会 Kimihisa Tsutsui President & Chief Operating Officer 平成２４年１１月６日 November 6, 2012 at Hotel Grand Palace 1st Sec. of the TSE #6417 Current Price: ¥3,755 (November 2,
Slide 2: Overview of the First Six Months of FY 3/2013
２０１３年３月期 第２四半期 総括 Overview of the First Six Months of FY 3/2013
Slide 3: Business Results for the First Six Months of FY 3/2013 (Highlights)
２０１３年３月期 第２四半期実績 Business Results for the First Six Months of FY 3/2013 / ((Highlights) g g ) FY 3/2012 FY 3/2013 YoY million yyen 6 Months 6 Months 売上高 71,535 53,782 -17,753 Net Sales -24.8% 営業利益 11,841 6,952 -4,889 4 889 Operating Income -41.3% 経常利益 13 928 13,928 7 668 7,668 -6,260 , Recurring Inc
Slide 4: Game Machines Sales Results
遊技機 販売実績 Game Machines Sales Results FY 3/2012 FY 3/2013 YoY 6 Months 6 Months パチンコ機 143,104 89,097 -54,007 Pachinko Machines -37.7% SANKYO+JB 70,666 56,128 -14,538 14 538 -20.6% Bisty 72 438 72,438 32 969 32,969 -39,469 39,469 -54.5% パチスロ機 43 668 43,668 38 808 38,808 -4,860 Pachislot Machines -11.1
Slide 5: Revision of the Forecast of the Financial Results for FY 3/2013
２０１３年３月期 業績予想の修正 Revision of the Forecast of the Financial Results for FY 3/2013
Slide 6: Revision of the Forecast of the Financial Results for FY 3/2013
２０１３年３月期 業績予想の修正 Revision of the Forecast of the Financial Results for FY 3/2013 / FY 3/2013 (9-May) (5-Nov) Change million yyen 売上高 210,000 123,000 -87,000 Net Sales -41.4% 営業利益 50,000 12,000 -38,000 38 000 Operating Income -76.0% 経常利益 53 000 53,000 14 000 14,000 -39,000 , Recurring Income -73.6% 当
Slide 7: Net Sales (FY 3/2013 Revised Forecast)
連結売上高 ２０１３年３月期修正予想 Net Sales ((FY 3/2013 / Revised Forecast)) ２０１３年３月期 FY 3/2013 （当初予想） (Initial Forecast) 210,000 パチンコ機関連事業 Pachinko Machines Business -81,800 パチスロ機関連事業 Pachislot Machines Business -9,100 補給機器関連事業 Ball Bearing Supply Business +2 900 +2,900 その他の事業 Other Businesses +1,000 ２０１３年３月期 FY
Slide 8: Sales of Pachinko Machines Business (FY 3/2013 Revised Forecast)
パチンコ機関連事業売上高 ２０１３年３月期修正予想 Sales of Pachinko Machines Business ((FY 3/2013 / Revised Forecast)) ２０１３年３月期 FY 3/2013 （当初予想） (Initial Forecast) 142,700 ＳＡＮＫＹＯ＋ＪＢパチンコ機の数量減少 Sales volume of SANKYO-brand and JB-brand pachinko machines decreases. -43,895 ＳＡＮＫＹＯ＋ＪＢパチンコ機の価格下落 Unit price of SANKYO-brand and JB
Slide 9: Sales of Pachislot Machines Business (FY 3/2013 Revised Forecast)
パチスロ機関連事業売上高 ２０１３年３月期修正予想 Sales of Pachislot Machines Business ((FY 3/2013 / Revised Forecast)) ２０１２年３月期 FY 3/2013 （当初予想） (Initial Forecast) 49,300 ＳＡＮＫＹＯ＋ＪＢパチスロ機の数量減少 Sales volume of SANKYO-brand and JB-brand pachislot machines decreases. -3,074 ＳＡＮＫＹＯ＋ＪＢパチスロ機の価格上昇 Unit price of SANKYO-brand and JB
Slide 10: Operating Income (FY 3/2013 Revised Forecast)
連結営業利益 ２０１３年３月期修正予想 Operating p g Income (FY ( 3/2013 / Revised Forecast)) ２０１２年３月期 FY 3/2013 （当初予想） 50,000 (Initial Forecast) パチンコ機売上総利益の減少 -41,691 The gross margin of the pachinko machine sales decreases. -4,680 パチスロ機売上総利益の減少 The gross margin of the pachislot machine sales decreases. 広告宣伝費の減少 +1 5
Slide 11: Current Situations and Initiatives
現況と取り組み Current Situations and Initiatives
Slide 12: Market Movements: in Line with the Forecast
市場動向 予想通りに推移 Market Movements: in Line with the Forecast パチンコ機 Pachinko Machines (9-May) Monthly Average x12 (Jan-Sep) 十億円 市場規模 800 803 bn. yen Market Size 千台 販売台数 2,500 209 2,508 thous. units Number of Machines Sold 千円 平均販売単価 320 320 320 thous. yen Average Sales Price パチスロ機 Pachislot Machines 十億円 市
Slide 13: Downturn of Business Conditions: Pachinko Diffusion Index
業況悪化 遊技機購入は一層慎重に Downturn of Business Conditions: Increasinglyy Cautious Approach on Deciding Purchase of Pachinko/Pachislot Machines パチンコDI調査 Pachinko Diffusion Index +70 パチスロ稼働状況 Pachislot machine utilization rate +14.1 +0 -12.0 全般的業況 -14.0 Overall business conditions -23.9 -24.0 -38.0 -33.8 -36.0
Slide 14: Number of Pachinko Titles to be Released
パチンコ機 販売予定タイトル数 （リユースを除く） Number of Pachinko Titles to be Released ((Excluding g Reused Models)) (9-May) (5-Nov) H1 H2 H1 H2 Fever Aquarion 3 Fever Ha Lord 2 Virus Breaker Fever Kamata koshin-kyoku y Evangelion 7 YRW Sengoku BASARA 3 「旗艦モデル」は次期に繰り越し Launch of flagship model is postponed to next term
Slide 15: Number of Pachislot Titles to be Released
パチスロ機 販売予定タイトル数 Number of Pachislot Titles to be Released (9-May) (5-Nov) H1 H2 H1 H2 Pachislot Macross Frontier Pachislot Patrush Pachislot Haouden ZERO GTO Limit Break Yaoh 10 titles in total 7 titles in total 14
Slide 16: Key Issues for FY 3/2013
２０１３年３月期 重点課題 Keyy Issues for FY 3/2013 / 重点課題として引き続き推進 課 続 推 Continued promotion as key issues 1 パチンコ旗艦モデルの投入と成功 Successful introduction of the flagship pachinko model パチスロ市場における存在感の向上 2 Enhanced p presence in the pachislot p market ３ブランド体制の早期構築 3 Early establishment of the 3-brand structure 15
Slide 17: Maintain the Current Level of Cash Dividend
配当金は現状維持 Maintain the Current Level of Cash Dividend 安定配当 定 Stable dividend 公約配当性向25％ Commitment to 25% payout ratio FY 3/2013 DPS 150 yen 中間配当を含む Including interim dividend 16
Slide 18: Appendix
付属資料 Appendix
Slide 19: Business Results for the First Six Months of FY 3/2013
２０１３年３月期 第２四半期実績 Business Results for the First Six Months of FY 3/2013 / FY 3/2013 FY 3/2012 Forecast FY 3/2013 修正予想 Revised Forecast 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (13-Sep) Change Q1 Q2 (5-Nov) (9-May) Change FY 3/2012 YoY 売上高 売 高 Net Sales 53,782 71,535 -17,753 52,500 +1,2
Slide 20: First Six Months of FY 3/2013 Compared with the Previous Year
２０１３年３月期 第２四半期 前期比較 First Six Months of FY 3/2013 / Compared p with the Same Period of the Previous Year 連結売上高 Net Sales パチンコ機関連事業売上高 Sales of Pachinko Machines Business 1st 6M of FY 3/2012 / 71,535 1st 6M of FY 3/2012 49,927 パチンコ機関連事業 -19,979 ＳＡＮＫＹＯパチンコ機の数量減少 -3,749 Pachinko Machines Business Sales
Slide 21: Pachinko Machines Business
パチンコ機関連事業 Pachinko Machines Business FY 3/2013 FY 3/2012 Forecast FY 3/2013 修正予想 Revised Forecast 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (13-Sep) Change Q1 Q2 (5-Nov) (9-May) Change FY 3/2012 YoY 売上高 Net Sales 29 948 29,948 49 927 49,927 -19 979 -19,979 29 600 29,600 +348 10 895 10,8
Slide 22: Pachislot Machines Business
パチスロ機関連事業 Pachislot Machines Business FY 3/2013 FY 3/2012 Forecast FY 3/2013 修正予想 Revised Forecast 連結：百万円 Consolidated: million yen 6 Months 6 Months YoY (13-Sep) Change Q1 Q2 (5-Nov) (9-May) Change FY 3/2012 YoY 売上高 Net Sales 12 154 12,154 10 874 10,874 +1 280 +1,280 12 000 12,000 +154 5 705 5,705
Slide 23: Gross Margin/Operating Margin
売上総利益率／営業利益率 Gross Margin/Operating g / p g Margin g FY 3/2013 FY 3/2012 Forecast FY 3/2013 修正予想 Revised Forecast 連結 Consolidated 6 Months 6 Months YoY (13-Sep) Change Q1 Q2 (5-Nov) (9-May) Change FY 3/2012 YoY 売上総利益率 Gross Margin 51.0% 45.6% +5.4pt 50.7% +0.3pt 47.7% 53.4% 47.2% 50.0% -2.8pt 48.7%
Slide 24: Game Machine Market
遊技機市場 Game Machine Market 4,000 全日遊連加盟パーラーの状況 Situation of Parlors that Are Members of Zennichiyuren 営業中の店舗数 3,500 No. of outlets currently in operation 3,339 3,332 11,318 11,305 11,314 11,332 11,303 11,268 11,269 11,258 11,227 11,222 11,227 11,199 3,173 3,000 3,158 3,163 3 076 3,076 3,107 , 2,954 2
Slide 25: Number of Titles Sold (All Manufacturers)
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 CY2007 128 ・１タイトル当たり販売台数 １タイトル当たり販売台数 2010年度：23,966台（2,900千台÷121） 2008 107 2011年度：23,344台（2,530千台÷107） 2009 102 ・Sales per title CY2010: 23,966 units (2,900,000 units/121) CY2011: 23,344 units (2,530,000 units/107)
Slide 26: Compliance with Format Inspection
型式試験適合状況 Compliance p with Format Inspection p パチンコ機 Pachinko Machines アレンジ、じゃん球含む including Arrange Ball,Jong-Kyu CY2008 2009 2010 2011 2012 Jan-Sep 受付 Applicant 506 637 658 614 455 適合 Pass 374 537 544 536 402 不適合 Fail 98 134 112 69 71 SANKYO+JB 19 40 25 21 25 Bisty 8 13 9 12 6 SANKYO Group Total 2
Slide 27: Good luck. Good life.
Good luck. Good life. sANCKYO