Gunosy, Inc. · TSE:6047

Gunosy — Q2 FY2025/5 Earnings Presentation

49 slides from Gunosy's earnings presentation, January 2025

Slide 1: FY2025/5 Financial Results for Q2
FY2025/5 Financial Results for Q2 株式会社 G un o sy Gunosy Inc. TSE Prime 東証プ (6047) ライム（証券コード：6047）
Slide 2: INDEX
1. Executive Summary P 03 2. Financial Results for FY2025/5 Q2 P 11 3. Business Overview by Division P 15 INDEX 4. Mid-Term Financial Goals P 33 5. Reference Material: Company Profile P 36 6. Reference Material: slice P 45 （C） Gunosy Inc. All Rights Reserved. 2
Slide 4: Executive Summary
Executive Summary Progress against original FY2025/5 YoY forecast FY2025/5 Net sales 3,075 million yen 48.8% 82.5% 1Q-2Q Progress against (Jun - Nov 2024) original FY2025/5 YoY forecast Operating profit 366 million yen 81.4% + 572 million yen Gunosy Game8 Others By company Net sales 1,914 million ye
Slide 5: FY2025/5 Upward Revision of Full-Year Outlook (Consolidated)
FY 2025/5 Upward Revision of Full-Year Outlook (Consolidated) Although the sales forecast has been slightly reduced compared to the initial plan, the operating profit has been revised upward to 51%.The net profit for the current period is also expected to turn positive. (Million yen) FY2025/5 Initia
Slide 6: Achieved operating profit (non-consolidated)
Gunosy (non-consolidated) Maintaining and Expanding Profitability Building on the results of FY2025/5 1Q, Gunosy achieved a quarterly operating profit, with improved profit margins. The continued streamlining of its business portfolio and rigorous cost control measures are driving continued improvem
Slide 7: Game8 Driving Growth for the Entire Group in Both Sales and Profit
Game8 Driving Growth for the Entire Group in Both Sales and Profit Sales and profit continued to grow year-on-year, driving the overall growth of the Group. From October to December, Game8 achieved the *No. 1 position among domestic game media for the first time across three key metrics: traffic sha
Slide 8: Game8 Establishment of a Joint Venture with Sony Payment Services
Game8 Establishment of a Joint Venture with Sony Payment Services On December 19, 2024, the establishment of a joint venture was approved. The new company, "S8 Plus Inc.," is scheduled to be established on January 23, 2025. S8 Plus aims to leverage existing businesses and expand into new areas relat
Slide 9: slice Merger Completed, Becoming India's First Fintech Bank
slice M erg e r Co m p le ted , Bec om i n g I n di a ‘s Fi rs t te ch fi rst Ban k In late October 2024, slice completed its merger with NESFB, marking a historic achievement as the first instance of an Indian fintech company merging with a bank. NESFB Regulatory changes in business scope following
Slide 10: Strengthening Shareholder Returns
Strengthening Shareholder Returns While continuing to expand the foundation for growth through proactive investments, we are committed to strengthening shareholder returns. With profits generated from the business side, we are now in a position to balance dividend payments and growth. Business Categ
Slide 12: FY2025/5 Consolidated Results for Q2
FY2025/5 Consolidated Results for Q2 The consolidated operating profit for Q2 (June to November 2024) amounted to 366 million yen, achieving a progress rate of 81.4% against the initial forecast. In light of this strong progress, the full-year forecast has been revised upward. (See P5 for details) (
Slide 13: Breakdown of Net Sales
Breakdown of Net Sales *1 Overall sales slightly decreased QoQ. While the media business experienced a QoQ decline, Game8 continued to maintain a high level of sales, driving the overall performance. Others Game8 ADNW (Million yen) Gunosy Ads*2 2,400 192 168 194 153 457 295 451 142 203 244 390 420 2
Slide 14: Cost Structure
Cost Structure We will continue our cost-control policy to achieve efficient business operations. Advertising expenses will be maintained QoQ as an investment in growth, while further cost reduction on a consolidated basis will be pursued. (Million yen) 2,400 2,187 2,176 2,135 2,085 2,080 2,110 2,11
Slide 16: Business Model of Our Media Business
Media Business Business Model of Our Media Business We obtain content from external media (“content partners”) and offer the service to users free of charge. We provide advertising space to advertisers to serve ads to users, and we receive revenue from advertisers. Provide content ※ Content partner
Slide 17: Progress Summary of Gunosy's Key KPIs
Media Business Progress Summary of Gunosy's Key KPIs DAU (daily active users) remained stable at 99% both YoY and QoQ. Sales per DAU also maintained the same level QoQ, and sales progressed largely in line with the initial plan for the period. Gunosy Sales DAU *1 Sales/DAU YoY 99% QoQ 99% YoY 92% Qo
Slide 18: Total Number of Active Users (MAU)
* Media Business Total Number of Active Users (MAU) The total MAU (monthly active users) for the media business remained unchanged QoQ. While prioritizing profit maximization, MAU was maintained by continuing to control advertising expenses. LUCRA (Service ended in February 2023) NewsPass+au Service
Slide 19: Gunosy: Advertising Expenses and Estimated IRR
Media Business Gunosy: Advertising Expenses and Estimated IRR The estimated IRR for Q2 remained significantly above the benchmark level. This was driven by improvements in user retention rates and a reduction in CPI (cost per install) achieved through controlled advertising expenses. As a result, th
Slide 21: Business Model of Game8
Game8 Business Model of Game8 Gate8 Inc. develops its business around monetizing advertising revenue through game walkthrough media. The company provides a wide range of marketing solutions by employing diverse advertising strategies, including writing game walkthrough articles. Users Clients Provid
Slide 22: Game8 (Sales and Operating Profit)
Game8 Game8 (Sales and Operating Profit) Game8 has maintained double-digit YoY growth in both sales and operating profit, driving the overall performance of the Group. Favorable trends are expected to continue beyond Q3. The record-high performance driven by (Million yen) Sales Operating profit a ma
Slide 23: Key KPIs of Game8
Game8 Key KPIｓof Game8 Page views (PV) remained strong both domestically and internationally. Overseas media benefited from favorable exchange rate trends due to the weaker yen, maintaining high profitability. PVs RPM Despite some volatility depending on game title sales, Maintained high profitabili
Slide 24: Game8 Domestic Page Views (PV)
Game8 Game8 Domestic Page Views (PV) From October to December, *Game8 achieved the No. 1 position among domestic game media for the first time across three key metrics: traffic share, unique visitors, and sessions. The parent company's fiscal year is June–May, while the subsidiary's is April–March.
Slide 26: slice Business Description (Pre-Merger)
slice slice Business Description (Pre-Merger) slice is a leading consumer payment service in India. It offers intuitive and simple digital payment solutions, gaining stron g support from Millennials and Gen Z. The platform has over 18 million users. Service overview slice account • Add money to your
Slide 27: Changes in Licensing Due to the Merger
slice Changes in Licensing Due to the Merger With the merger with NESFB, slice has relinquished its existing NBFC (Non-Banking Financial Company) license and now operates under NESFB's banking license. This marks the first instance of an Indian fintech company merging with a bank. Before merger Afte
Slide 28: Positive Business Impact from License Changes
slice Positive Business Impact from License Changes The merger has enabled slice to offer a wide range of services, including deposit accounts and consumer credit through multiple channels, such as UPI/cards. Additionally, the merger is expected to lower borrowing costs and improve financial leverag
Slide 29: Relationship Between slice and Gunosy
slice Relationship Between slice and Gunosy The dilution of shares resulting from the merger is limited. As the largest external shareholder, we maintain a strong relationship with slice. Shares Held by Gunosy Current Status of the Relationship with slice • With the shift to the banking industry, we
Slide 30: Growth Potential of slice
slice Growth Potential of slice Leveraging its existing brand, which enjoys strong support among younger generations, combined with the technology it has developed to date, slice is expected to establish a strong position in India's banking sector at an early stage, despite being a late entrant. Ove
Slide 31: slice Accounting Treatment due to Exclusion from Equity Method
slice Accounting Treatment due to Exclusion from Equity Method Since the recognition of equity method investment losses will cease from Q2 onwards, profit is expected to improve by 303 million yen compared to the initial forecast. There will be no direct impact on profit and loss due to the exclusio
Slide 32: Our Perspective on slice's Contribution to Our Corporate Value
slice Our Perspective on slice’s Contribution to Our Corporate Value We remain focused on enhancing slice’s corporate value as a key project within our investment division. Through the appreciation of our equity stake, we aim to contribute to the maximization of corporate value over the medium to lo
Slide 34: Medium-Term Financial Goals: As of FY2027/5
Medium-Term Financial Goals: As of FY2027/5 As of FY2027/5 Business Investment Operating ROIC * IRR profit/EBITDA (on existing business capital) 900million yen 15% and over 30% * Cash and deposits available for investment are comprehensively evaluated according to the intended use of the funds, usin
Slide 35: Medium-Term Financial Goals: Capital Allocation Policy
Medium-Term Financial Goals: Capital Allocation Policy In line with our medium-term financial goals, we remain focused on controlling appropriate capital investment allocation. We will continue to actively consider capital investment in M&A and existing businesses. Medium-term financial goals (relea
Slide 38: Company History
Company History June 2016 April 2021 “au Service Today” “NewsPass” released released November 2012 July 2018 Established Gunosy Capital Established Gunosy Inc. in and started investment Roppongi, Minato-ku, Tokyo business 2012 2015 2016 2017 2018 2019 2021 2022 April 2015 December 2017 April 2024 Li
Slide 39: Gunosy Group Business Portfolio
Gunosy Group Business Portfolio Medium- to long-term growth driven by three businesses 1 2 3 ＋ Media business Game8 group Investment New businesses • Store and • Gunosy • Gunosy Capital commerce • NewsPass (SC) • Au Service Today business • LLM • Data accumulated since the inception of the company D
Slide 40: Growth Image
Growth Image Increase corporate value through growth of existing businesses and development of new businesses Aim for group-wide growth with a market capitalization of 100 billion yen as a medium- Investment to long-term target Game 8 Media business Gunosy Established （C） Gunosy Inc. All Rights Rese
Slide 41: New Management Team
New Management Team The management structure for FY2023/5 is as follows. Representative Director and Representative Director Chairman, Group Chief Executive Director and Chief Director and Chief Director and Officer (CEO) Operating Officer (COO) Financial Officer (CFO) President Shunsuke Tatsuyuki M
Slide 42: Overview of Gunosy Inc.
Overview of Gunosy Inc. Basic Information Representative Director and Chairman, Company name: Gunosy Inc. Officers: Group Chief Executive Officer (CEO), Shinji Kimura Representative: Shinji Kimura Representative Director and President, Kentaro Nishio Kentaro Nishio Director and Chief Operating Offic
Slide 43: From Gunosy Way to Gunosy Pride
From “Gunosy Way” to “Gunosy Pride” The concept of "Gunosy Way", which had been defined as a milestone for Gunosy to follow, was redesigned as "Gunosy Pride“, which inherits the original thoughts and concepts. 1 “Triple win” philosophy Benefit the customer, the user, and the world. Benefit yourself,
Slide 44: Sustainability Initiatives
Sustainability Initiatives Provide information in a way that is socially beneficial as a media outlet (eliminate 1 echo chambers and filter bubbles, provide a quality game walkthrough wiki, etc.) 2 Ad review initiatives to provide a safe advertising experience 3 Encourage diverse work styles that co
Slide 46: slice Company History and CEO
slice Company History and CEO "slice" was founded in 2015. Since 2019, we have invested a cumulative total of more than 3 billion yen in slice. In October 2024, the merger process with NEFSB was completed. 2015 Jun GaragePreneurs Internet Pvt Ltd., which About slice operates "slice" established Tran
Slide 47: slice AUM
slice AUM Following the completion of the new product release in December 2022, focus was placed on organic customer acquisition while appropriately controlling the burn rate in preparation for the merger. In October 2024, AUM increased through the merger with NEFSB. Response to Rapid growth through
Slide 48: slice P&L: Sales and Profit/Loss before Income Taxes
sl ice slice P&L: Sales and Profit /Loss before Income Taxes (Million yen) 15,273 FY2023/3 highlights Sales Profit (loss) before income taxes Sales CAGR 211% FY2019/3 – FY2023/3 15,273 million yen 5,155 YoY 296% Profit (loss) before income taxes 715 1,200 162 ▲ 174 ▲ 17 ▲ 148 -7,123 million yen YoY
Slide 49: slice B/S (As of the End of FY2023/3)
slice slice B/S (As of the End of FY2023/3) Total assets as of March 31, 2023 were 33.9 billion yen. The company is in sound financial condition, with an equity ratio of more than 50%. As of March 31, 2023 (Million yen) Current assets 30,448 Liabilities 16,728 Total assets: 33.9 billion yen Equity r

Gunosy — Q2 FY2025/5 Earnings Presentation on 6ix

Gunosy — Q2 FY2025/5 Earnings Presentation

Slide 1: FY2025/5 Financial Results for Q2

Slide 2: INDEX

Slide 3: Executive Summary

Slide 4: Executive Summary

Slide 5: FY2025/5 Upward Revision of Full-Year Outlook (Consolidated)

Slide 6: Achieved operating profit (non-consolidated)

Slide 7: Game8 Driving Growth for the Entire Group in Both Sales and Profit

Slide 8: Game8 Establishment of a Joint Venture with Sony Payment Services

Slide 9: slice Merger Completed, Becoming India's First Fintech Bank

Slide 10: Strengthening Shareholder Returns

Slide 11: Financial Results for FY2025/5 Q2

Slide 12: FY2025/5 Consolidated Results for Q2

Slide 13: Breakdown of Net Sales

Slide 14: Cost Structure

Slide 15: Business Overview by Division: Media Business

Slide 16: Business Model of Our Media Business

Slide 17: Progress Summary of Gunosy's Key KPIs

Slide 18: Total Number of Active Users (MAU)

Slide 19: Gunosy: Advertising Expenses and Estimated IRR

Slide 20: Business Overview by Division: Game8 Business

Slide 21: Business Model of Game8

Slide 22: Game8 (Sales and Operating Profit)

Slide 23: Key KPIs of Game8

Slide 24: Game8 Domestic Page Views (PV)

Slide 25: Business Overview by Division: Investment (slice)

Slide 26: slice Business Description (Pre-Merger)

Slide 27: Changes in Licensing Due to the Merger

Slide 28: Positive Business Impact from License Changes

Slide 29: Relationship Between slice and Gunosy

Slide 30: Growth Potential of slice

Slide 31: slice Accounting Treatment due to Exclusion from Equity Method

Slide 32: Our Perspective on slice's Contribution to Our Corporate Value

Slide 33: Mid-Term Financial Goals

Slide 34: Medium-Term Financial Goals: As of FY2027/5

Slide 35: Medium-Term Financial Goals: Capital Allocation Policy

Slide 36: Reference Material: Company Profile

Slide 37: Mission: Optimally deliver information to people around the world

Slide 38: Company History

Slide 39: Gunosy Group Business Portfolio

Slide 40: Growth Image

Slide 41: New Management Team

Slide 42: Overview of Gunosy Inc.

Slide 43: From Gunosy Way to Gunosy Pride

Slide 44: Sustainability Initiatives

Slide 45: Reference Material: slice

Slide 46: slice Company History and CEO

Slide 47: slice AUM

Slide 48: slice P&L: Sales and Profit/Loss before Income Taxes

Slide 49: slice B/S (As of the End of FY2023/3)