Happinet Corporation · TSE:7552
Happinet — H1 FY2009 Earnings Presentation
11 slides from Happinet's earnings presentation, Nov 16, 2009
Slide 1: Fiscal Year 2009 First half results briefing document
Fiscal Year 2009 First half results briefing document 1. Fiscal 2009 first half consolidated results 2. (For reference) Fiscal 2009 consolidated forecasts November 16, 2009 Happinet Corporation Forecasts of future performance are provided for investors' reference. The forecasts are based on projecti
Slide 2: Consolidated business results
Consolidated business results Interim period Interim period 1st half of 1st half of Fiscal period Remarks FY2005 FY2006 FY2007 FY2008 of FY2006* of FY2007* FY2008 FY2009 Net sales (million yen) 68,140 69,281 76,052 89,829 155,703 160,606 168,958 166,778 Operating profit (million yen) 877 1,157 1,226
Slide 3: Fiscal 2009 first half consolidated results: Profit & loss statement
1. Fiscal 2009 first half consolidated results Profit & loss statement (million yen, %, rounded down) 1st half of FY2008 1st half of FY2009 Remarks % of total YoY % of total YoY Net sales 76,052 100.0 9.8 89,829 100.0 18.1 Includes inventory disposal loss of \837m in Cost of sales 65,966 86.7 8.5 79
Slide 4: Sales and operating profit by business segment
1. Fiscal 2009 first half consolidated results (1) Sales by business segment (million yen, %, rounded down) FY 1st half of FY2008 1st half of FY2009 FY2008 Remarks Segment % of total YoY % of total YoY % of total YoY Toy business 23,409 30.8 -6.2 24,546 27.3 4.9 54,482 32.7 -5.7 Visual and Music bus
Slide 5: Overview of major businesses 1
1. Fiscal 2009 first half consolidated results (4) Overview of major businesses 1 ● Toy sales by manufacturer (billion yen, %, rounded down) FY 1st half of FY2008 1st half of FY2009 FY2008 Remarks Manufacturer % of total YoY % of total YoY % of total YoY Bandai Co., Ltd. 12.7 54.6 -11.8 13.8 56.6 8.
Slide 6: Overview of major businesses 2
1. Fiscal 2009 first half consolidated results (4) Overview of major businesses 2 ● Sales by video game machine (billion yen, %, rounded down) FY 1st half of FY2008 1st half of FY2009 FY2008 Remarks Item % of total YoY % of total YoY % of total YoY PlayStation 3 (PS3) 1.4 5.9 124.1 1.9 10.0 38.2 3.8
Slide 7: Balance sheet (1)
1. Fiscal 2009 first half consolidated results Balance sheet (1) (million yen, rounded down) 1st half of FY2008 FY2008 1st half of FY2009 Remarks Change Assets (1) Current assets 38,422 44,864 40,585 -4,279 1. Cash and deposits 6,355 5,463 4,206 -1,256 2. Accounts and notes receivable 18,560 25,149
Slide 8: Balance sheet (2)
1. Fiscal 2009 first half consolidated results Balance sheet (2) (million yen, rounded down) 1st half of FY2008 FY2008 1st half of FY2009 Remarks Change Liabilities (1) Current liabilities 25,042 33,171 28,476 -4,695 1. Accounts and notes payable 19,401 20,748 20,738 -10 2.Short-Term Borrowing － 5,5
Slide 9: Cash flow statement
1. Fiscal 2009 first half consolidated results Cash flow statement 1st half of FY2008 1st half of FY2009 Remarks Change (1) Cash flows from operating activities Net profit before income taxes 1,270 1,016 -254 Depreciation and amortization 247 417 169 Change in trade receivables 2,740 -279 -3,020 Cha
Slide 10: Fiscal 2009 consolidated forecasts: Profit & loss statement
2. (For reference) Fiscal 2009 consolidated forecasts Profit & loss statement (million yen, %, rounded down) FY2008 FY2008 (forecast) Remarks % of total YoY % of total YoY Net sales 166,778 100.0 -1.3 200,000 100.0 19.9 Cost of sales 146,787 88.0 -2.6 174,000 87.0 18.5 Gross profit 19,990 12.0 9.2 2
Slide 11: Sales forecasts by business segment
2. (For reference) Fiscal 2009 consolidated forecasts Sales forecasts by business segment (million yen, %, rounded down) FY 1st half of FY2009 FY2008 FY2009 (forecast) Segment % of total YoY % of total YoY % of total YoY Toy business 24,546 27.3 4.9 54,482 32.7 -5.7 52,000 26.0 -4.6 Visual and Music