Wowow Inc. · TSE:4839

Wowow — Q1 FY2024 Earnings Presentation

23 slides from Wowow's earnings presentation, 2023

  1. Slide 1: Q1 Financial Results Presentation

    RES ie REET O41 Lie Hest@wowow aif K : 4839

  2. Slide 2: 1. Q1 FY2024 Results Overview

    1. 20237 ES 1O4HREI\1ITh ©2023 WOWOW INC. 2

  3. Slide 3: Q1 results highlights

    20237 ERIBERREA NTITKO mA @ "UEFAF PP YVEAYAU—Z) , Stray KidsPRAME, BZDBRITTSEOIYT YY, SHRI LTWSFYIIN-TF 4 VTTRE CDE BL, MRDMA + RIERA C & ic BE TIBB CEN Rb @ ER, IEROIA A RS BIE BA Ce Re LEH 20224 21Q CESS ib 3 BUF PRB LL AAD A TERK 133 25 118.5% REAP RL 207 A2 99.1% TERRANA EK A73 26 - Sat ERMA K

  4. Slide 4: Q1 results summary

    2023F ER 1I\O+HRE NITFTEKO wowow We GE ta) © GL BIAA FRM CL NSRMADRD LITE BITE O BUS CREAN, ABERANUBLESOD, HLBOWDICL SABMSORMIC LO, Wak (#785) povase1a exes wemML sks 19,337 18,314 A1,022 94.7% eae eileany 1,111 732 A379 65.8% KENENBAAAM OITTHO ET. ©2023 WOWOW INC. 4

  5. Slide 5: 2. Q1 Results Details

    2. 20234 ES | O+HRARU 20234 Een Fis L ©2023 WOWOW INC. 5

  6. Slide 6: Subscriber numbers

    2023FERIMFRRA MAK WOW OW fe (BF) AER 20225510 AVERSA Pre A RL 133 25 118.5% AEE 207 A2 99.1% EDEMA HR A73 26 _ SASL RAL EX 2,607 A94 96.4% A) ee"! 372 A22 94.1% A) sais 78 4 104.8% 1 RWB £S 2 RNR ¢ 3RWAOTY I WRGICAIS HEC (AMR2 530A ORIN Z9O0MIC HS]. ERISA) K2 WABROLES HBT S(O O HAM RBRS c ONIN ©2023

  7. Slide 7: Q1 income statement

    20237 RR 1IBFRRE MRK Geis) wowow (307: BBA) 2022 1Q 20234FE1Q Bu Fe) AA Des Rin WATE in WON: BUSFIRIHAZ BOSEIRRALE sobs 19,337 100.0% TRRSRRPSeieleney Se 8=A1,022 94.7% SSS ARS 1,297 6.7% 531 2.9% A765 41.0% Aled 1,11] 5.8% 732 4.0% A379 65.8% MAKER TS PO HA HORI ZS 773 4.0% 451 2.5% A321 58.4% KENE

  8. Slide 8: Revenue and cost breakdown

    CITAY hLUNBRELE/BS AAW IL wowow AFaAP-AYFyYY ava TbY-TFAVFA (HS) rls Bera rls Bera 17,986 2,326 2,137 1,271 599 26 20234 1Q 2022 1Q | | -67 2022 1Q 20234F1Q 2022 1Q 20234 1Q 20225 1Q 20234 1Q KENEn BARBS OIE TTHOKT. KERTAXY KOBE, LAXYMAMSIZEA THIET. ©2023 WOWOW INC. 8

  9. Slide 9: Operating profit change analysis

    me RIA FAR CORSER wowow Mea (+) WBA (A) Z0tth SaMAM (S40 5P3) ee +107 AT57 138 ABER +328 (aU PASSA : 1,111 BF) (Ris : 73285R) x SEROMMAMEDMCORR, “+ OWNER, THENABAAWEOETTHORT. ©2023 WOWOW INC. 9

  10. Slide 10: Cost and content trends

    SHAOHEB wowow WWIOYKXYV yp —RBOEY hEES< BOK: ALEC ERE KO, BMRA ec beniei (HS) me AGH (HALEY) —e- SEL ABLE(BLAA) (Lt38:96) 27,004 27,083 24,761 26,025 ot 39.1% 42.7% 35.4% 201955 E 20205 2021 E 20224 202247 1Q 202347 1Q KBUBIS TNT HR KENEN AAA AMISH OIFTTHOET. ©2023 WOWOWINC. | 10

  11. Slide 11: Full-year forecast: subscribers

    2023HE MAHH (202345A1SAR RIB) 20234E ate 202245 Rie A ADIA EK 551 ERI AES 672 TERRDDA EEK Al2] Sat ERMA RL 2,560 WOW OW (HEH) BURA Lea AUR RURAL 99 117.9% A22 96.7% 121 - - 100.0% ©2023 WOWOW INC. nN

  12. Slide 12: Full-year forecast: income statement

    20235E WHOS) (202345A15aaRiE) 2022FR Rin 202348 tH IRA Ee Rin IRA EE ate ZL 77,101 neem 75.400 100.0% he Fl| a8 3,225 4.2% Ba Rtele) €E 3S FURS 3,547 4.6% Bymsiele) RAMEE S 24 BANE Fl tt 2,398 3.1% 1,600 HA : BOT beIbe LTH39.0%e RAD (20234 Bthoc bie PAB : 65,2008 5A) HERB L—h:1KILI35A KtnenAAAA MSD

  13. Slide 13: Full-year forecast breakdown

    202348 BSH (202345F15aax) wowow Bc 34 77 st SBRFEORMA. MBAR OM. PRAPRMBCCEMANICHRL TT. AMBROBREMD D D. ARHICREN GES € BL THOT. 571 F Bt & He /fc 3 Mmm RCO RACY (Sic) ea StH 80 80 teeeeeeeeeg 20194 2020 2021FE 202248 20234 (stiHl) % SABO NRSOR ERS 10F ©2023 WOWOW INC. 13

  14. Slide 14: 3. Topics

    3. FROMO HH ©2023 WOWOWINC. | 14

  15. Slide 15: UEFA Champions League broadcast

    SAA-F7YVFAA MMEFOHEPE wowow arm a BRA-TFVTAAZ 8A28H8 (8)~9A8118 (A) BAP ARS BS] CHAMPIONS LEAGUE, BN y — UEFA FryverAvaAy—7 2023-24 »y—ZXy ) SE EUROPA LEAGUE BRAY A— UEFA 3-—ovw-7 2023-24 »—ZzY 9A20A(ck) Rae DIP AT —-L~RBET WOWOW C4 4 Ax 3: BCtS ! 9A22A(@) DIP AF -L~RBET SAMACEMRAS1IIME ©2023 WOWOW

  16. Slide 16: Summer Sonic 2023

    MMER SONIC 2023@% 45797 7ittS Miwon SUAWNCIr SONnIC 20e5 tah5-1 7 ocla! SUMMER SONIC 2023 AKSVW 7474— Season2 7AQR (A)AI—b (2528) [1AM] SONICMANIA 88184 () SUMMER SONIC 2023 88198 (+),20H (A) BRERRISMHLHITA, SUMMER SONIC&SONICMANIA® AIM1Y vPIVDIVOWOWOWRA'3AM HAD BCE. ECE —T AN SRARRUICLES 27e— FAKYY

  17. Slide 17: Initiatives

    V—-TFFAVIHRiIC DWT WOWOW FIYUIWL-TFF AY THRO BIE e "Bushs « RCRA) O2ZODMAGRMS a ica, CAlWebt 1 h COMAFRE YY TIVE CO KBEAKMSRICRSS DUI EOICROMEKE YO, SHED, WOWOWAYTVY RICKOTT VORET b. FIAPBRMREIVWREOIVY FY Y SHB CES C0 HREM BAXAUV yh aHOMO ie © BIRT SV OFC a—-A0MEIYY—hYP—O [51 PARRY /N\—D IL RETRE, B

  18. Slide 18: Music and live content initiatives

    TNVbh > RBBSRico DWT wowow FaRo--FO-KVrTt evVyY feat.7P 7y¥+XY7yYsupported BShk LWA YY a secret by #4 X=—*kJCBH—K session in Obihiro o- ~~ AEYVIckSPREBALLEAUYFILIAT Be ial Nel (ed ie Ia te BQIcSRIP 79 —bh—7 BX THY THM ai: 7 AS TKS IL A <HLBIR> & L CREB BEE ©2023 WOWOWINC. | 18

  19. Slide 19: New business initiatives

    RARABICOWetO wowow RUASHPV IVA rA-Ke BAARGEE ALPHA CODE @VR/XRFFYRAIA-V-EL THUR LS DINIEROPILIPI-KREOBEICKED, VR/XRipsIcBA ZAIKO PTE. LTID.€B4&RE REE LUFSHCHSEZAIKO RUASHCRBEE VIXIA e4Xvh, HBR. eAVY-A2, 7PYITZ, NFTX@ SHBWAOS DT RPY-EREHO ZAIKOZ JL—FeOM#icKO, SKPKRH— EAORKE BEST XXNFT (GERBER -—7 Y)

  20. Slide 20: Samurai Incubate Fund

    RARABICDWTO wowow Samurai Incubate Fund 75 ul RaResRE TES v Irv ki 5,0008AF (B®) @ RARE Aa, —BpyE oh 4 LYY-FHIYAXAYRDSIT, HM - BERL ee ALA TT RMI HR @eKUSHPLAYCHMMBICEYO HAS RSet HASH AST fyean—h 4LWOWOW7OAPL11 €6AICHUM (PLAY 51.0%, WOWOW 49.0%) 32 ASAP 10 XLPHB : ARATBAR OWS CRASRARATMANHAT SCL ©20

  21. Slide 21: Appendix

    Appendix ©2023 WOWOWINC. | 21

  22. Slide 22: IR Databook

    IR DATABOOK https://corporate.wowow.co.jp/ir/finance/databook/

  23. Slide 23: WOWOW disclaimer and IR contact

    W_O WO W @WOWOW ° aki kondo/dwarf ABS SCRA SARC MORM PRIS, REAFL TW SIRT ES HUM ROR ECE ie KATA REO RIL THO, VAT PMERIEZ BA TWEETS RRO RMS, RAGBRIC KO CNSR CIMRESBREEISSTLES BABE FSU. RRO RICE SARSBRRcld, BMHRUYATID— FEUHOBRME CO ESA. TROMMBEMBENTHOET. Tete L, RMBICHBSSABSRRECNSICRESNSSOO THAI EKA.

WOWOW — Q1 FY2024 Earnings Presentation on 6ix