Slide 1: FY2023 Review: Financial Results Briefing (Second Quarter)
FY2023 Review Financial Results Briefing (Second Quarter) February 13, 2023 Voltage Inc. 株式会社ボルテージ 東証スタンダード TSE Standard証券コード ３６３９ Market Securities Code: 3639 Copyright © 2023 Voltage Inc All Rights Reserved.
Slide 2: Executive Summary
Executive Summary FY 2023 ■ 2Q: Sales: 1.17 bil. yen, Operating Profit: 46 mil. yen. Sales 2Q Financial increased by 4% on a QonQ basis and we returned to profit! Sales of the apps increased on a QonQ basis with an improved profitability. Results Sales in new areas (eComics and consumer business) ar
Slide 3: Ⅰ 2Q Financial Results
FY 2023 Ⅰ 2Q Financial Results Copyright © 2023 Voltage Inc All Rights Reserved. 3
Slide 4: Quarterly Performance Summary
Quarterly Performance Summary [Unit: millions of yen] FY Ending June 2022 FY Ending June 2023 2Q 3Q 4Q 1Q 2Q YonY QonQ Sales 1,449 1,255 1,296 1,130 1,175 81% 104% Cost of sales 592 498 542 471 471 80% 100% Labor cost 275 221 211 225 221 80% 98% Outsourcing cost 223 207 251 176 175 78% 99% Others 93
Slide 5: Sales Figures by Quarter
Sales Figures by Quarter The apps sales increased thanks to anniversary and year-end promotions, and we returned to profit! 1800 Sales in new areas are also stable. [Unit：millions of yen] 1500 Unprofitable businesses cut back 1200 e-Comics, consumer For men 900 For English and Asian women Fandom 600
Slide 6: Expense Figures by Quarter
Expense Figures by Quarter The profitability has substantially improved, as we reduced advertisement spending while maintaining sales by promoting through the Fandom. 1800 [Unit: millions of yen] Unprofitable businesses 1500 cut back 1200 Advertising cost 900 Sales commissions 600 Fixed costs 300 0
Slide 7: Balance Sheet and Cash Flow Statement
Balance Sheet and Cash Flow Statement Balance Sheet Cash Flow Statement [Unit: millions of yen] [Unit: millions of yen] End of End of Comparison 2Q 2Q 2023 FY2022 2Q FY2022 FY2023 Current assets 2,212 2,289 97% Fixed assets 788 770 102% Operating Cash Flow 124 -156 Assets 3,000 3,060 98% Investing C
Slide 8: Ⅱ Growth Strategy and Basic Direction by Business
Growth Strategy Ⅱ and Basic Direction by Business Copyright © 2023 Voltage Inc All Rights Reserved. 8
Slide 9: Basic strategy
Basic strategy *Reposted Entertaining our global customers with storytelling apps in the digital era, “Love and conflicts”! “Three pillars” – apps, eComics, and consumer business 1. Japanese women apps x enhancement of fandom (Fandom strategy) Toward a diversified company 2. New areas x expansion /
Slide 10: Business Portfolio Overview
Business Portfolio Overview *Reposted Aiming to build three pillars in three years! Three Business Pillars (apps, eComics, and consumer business) This FY Toward FY 2025 Previous FY (FY2023) We are not in a position to disclose the estimated business size, as it’s difficult to forecast the changes in
Slide 11: Apps Businesses
Apps Businesses The apps sales increased thanks to anniversary and year-end promotions and we returned to profit. Apps Business Promoting the apps businesses by enlivening the Fandom (café, goods, and real events). 650 Sales “Volkoi” 15th anniversary 520 Unprofitable businesses cut back 390 260 130
Slide 12: New Areas (eComics, Consumer Business)
New Areas (eComics, Consumer Business) New areas businesses are steadily growing and almost turning to profit. New products are being created in each area. New Area Businesses eComics: Turned to profit with 36 labels. 35 The 2nd and 3rd 30 “even if TEMPEST” was launched Webtoon under 25 creation 20
Slide 13: Overview for New Area Businesses' Expansion
Overview for New Area Businesses’ Expansion *Reposted The initial business foundation for the new areas has been made. Now moving to the 2nd investment phase for business expansion. FY2023 FY2025 Planned investment: Continuation + New Start Continuation + New Start 300 mil. Yen (planned) Monochrome
Slide 14: Ⅲ Actions of different business operations
Actions of different Ⅲ business operations Copyright © 2023 Voltage Inc All Rights Reserved. 14
Slide 15: Across all businesses - Fandom for Japanese women
Across all businesses -Fandom for Japanese women- “Volkoi” 15th anniversary (December) Exhibition events were held in Tokyo and Osaka. We picked up 32 titles from our love-story labels exceeding 120 titles. Contributed to increased recognition and emotional enhancement for “Volkoi” by coordinating w
Slide 16: Story app operation - For Japanese women
Story app operation -For Japanese women- Reading material type Avatar type "100 love scenes+" “Tenka Toitsu Koi no Ran – Love Ballad” Distribution of the latest story started (December) 8th anniversary – Hana no Sho (December) “Doubt ~Moteru otoko ha konkatsu app ni hisomu~” Enlivening the anniversa
Slide 17: Story app operation - For men
Story app operation -For men- “Roppongi Sadistic Night” 7th anniversary (November) ◇Fandom projects Promotion within the application was strong and contributed to improved billing KPI. The 1st exhibition event held in December. Decided to hold a talk show and mini live concert in February. Copyright
Slide 18: e-Comic business
e-Comic business Store “Vol-Comi” “Volkoi comic” label Profitability increased thanks to improvement in Sales of current labels increased and showing a advertisement activities. stable growth. “Ukkari Kon” “Otona no hatsukoi hajimemasu” Mezametara wakeari joshi no tsuma deshita Recurring billing KPI
Slide 19: Consumer operations (For Nintendo Switch)
Consumer operations (For Nintendo Switch) Original Title “even if TEMPEST: Yoiyami ni Kaku Katariki Majo” Accumulated sales exceeded 10,000 units! (November) Started to sell related goods from The original sales target was achieved in less than six months from the launch. December. Being sold not on
Slide 20: Ⅳ Company Information
APPENDIX Ⅳ Company Information Copyright © 2023 Voltage Inc All Rights Reserved. 20
Slide 21: Company profile
Company profile Company name Voltage Inc. Representative Representative chairman and president: Yuji Tsutani Make contributions in the areas of art and business. Business Philosophy Bring excitement to people's lives through dramas of love and conflicts. Develop individuals and organizations that au
Slide 22: History and business operations
History and business operations We have expanded our customer segments and technologies in sync with the changes in the market. 2022: Switched market to TSE Standard. 2019: We launch our “Operations for e-book”, “Consumer projects” 2019: Company's 20th Launched projects “For Asian women" and “For br
Slide 23: Business segments and strengths
Business segments and strengths Business segments (3Q and later) Segments Categories Primary titles Reading material type 100 love scenes+ Voltage's strengths 1. Reading material app Koiran, Chikai, Cinde, MIRAPRI, production capability Avatar type Oji, Makai, Bakuten, 2LDK Japanese Card type Aya Ko
Slide 24: Story apps x Global/real events
Story apps x Global/real events Global expansion Fandom actions Hong User Stage shows Japan English China Kong & SE Asia Europe interaction (alternative online/ Video (alternative online/ combined events) Taiwan combined events) 100 Love ○ ○ 〇 〇 〇 Scenes+ ○ Love3 ー ー ー Love3 Shops, fests Recited dra
Slide 25: ESG and SDGS related initiatives [1]
ESG and SDGS related initiatives [1] Voltage is committed to actively engage with the SDGs towards the realization of a sustainable world. Our initiatives Applicable SDGs targets Environment Transition to paperless Paper recycling Social Accepting student visits Flexible work system and acti
Slide 26: ESG and SDGS related initiatives [2] Active participation by women
ESG and SDGS related initiatives [2] Active participation by women We are focusing on "creating an organization where women can play an active role." Actual results 2021 Survey on the Active Participation of Women in 5th place in the “300 to less than 1,000 Employees Corporations, Nikkei WOMAN Categ
Slide 27: ESG and SDGS related initiatives [3] Flexible work system
ESG and SDGS related initiatives [3] Flexible work system We focus on creating working environments that support diverse work styles. Actual results Certified as a "Telework Tokyo Rules" practicing Realized the “Office/Telework Hybrid" work style company (Feb. 2022) (Nov. 2021) We have been certifie
Slide 28: Explanation of Terms
Explanation of Terms Terms Definition Reading A type of application in which users may mainly enjoy reading the story. material type A type of application in which the main contents are stories, combined with gameplay Avatar type elements such as user avatars. Card type A type of application that ha
Slide 29: Voltage Inc.
Voltage Inc. • This document contains forward-looking statements, which include judgments made by the Company based on the information available at the time of preparation of this report, but such judgments are not intended to guarantee the accuracy of information. Actual results may differ signific