Koei Tecmo Holdings Co., Ltd. · TSE:3635
Koei Tecmo — FY2012 Earnings Presentation
27 slides from Koei Tecmo's earnings presentation, May 15, 2013
Slide 1: Fiscal Year Ended March 2013 Financial Results
Fiscal Year Ended March 2013 Financial Results
Slide 2: Financial Summary (FY2012)
Financial Summary (FY2012) Profit increase for the third consecutive year. Achieving the highest profit ever! (Units: Millions of Yen) FY2011 FY2012 YoY Change Amount Ratio Amount Ratio Amount Ratio Sales 35,525 100.0% 34,639 100.0% 886 2.5% Operating 5,758 16.2% 6,208 17.9% 450 7.8% Profit Ordinary
Slide 3: Major Titles and Events (FY2012)
Major Titles and Events (FY2012) Tecmo Koei Social Game Collaborative title(Development) Over 900 Million Users
Slide 4: Sales and Operating Profit by Business Segment (FY2012)
Sales and Operating Profit by Business Segment (FY2012) FY2012 (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 23,718 5,480 1,741 2,195 1,932 234 35,303 664 34,639 Operating P
Slide 5: Net Sales by Region (FY2012)
Net Sales by Region (FY2012) (Units:Millions of Yen) FY2011 FY2012 YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 29,918 84.2% 28,942 83.6% 976 3.3% Overseas 5,606 15.8% 5,697 16.4% 91 1.6% North America 2,784 7.8% 2,585 7.5% 199 7.1% Europe 1,356 3.8% 1,664 4.8% 308 22.7% Asia 1,466 4
Slide 6: Sales Units by Region (FY2012)
Sales Units by Region (FY2012) (Thousands of Units) FY2011 FY2012 YoY Change Area Units Ratio Units Ratio Units Ratio Japan 4,100 66.9% 3,595 54.6% 505 12.3% Overseas 2,030 33.1% 2,990 45.4% 960 47.3% North America 950 15.5% 1,635 24.8% 685 72.1% Europe 730 11.9% 860 13.1% 130 17.8% Asia 350 5.7% 49
Slide 7: Major Expenses, Capital Expenditure and Depreciation Expenses (FY2012)
Major Expenses, Capital Expenditure and Depreciation Expenses (FY2012) Expenses to Sales Ratio Capital Expenditure and (Millions of Yen) Depreciation Expenses 70 COG 2,500 Depreciation Expenses SG&A Capital 60 Expenditure 62.0% 2,000 2,043 59.8% 50 Improved 2.2 points 1,500 40 30 1,000 975 931 20 21
Slide 8: Consolidated Plan (Fiscal Year Ending March 31, 2014)
TECMO KOEI HOLDINGS CO.,LTD. Consolidated Plan (Fiscal Year Ending March 31, 2014)
Slide 9: Financial Summary (Plan FY2013)
Financial Summary (Plan FY2013) (Units:Millions of Yen) FY2012 FY2013(Plan) YoY Change Amount Ratio Amout Ratio Amount Ratio Sales 34,639 100.0% 37,000 100.0% 2,361 6.8% Operating 6,208 17.9% 7,000 18.9% 792 12.8% Profit Ordinary 8,835 25.5% 9,000 24.3% 165 1.9% Profit Net Income 5,656 16.3% 5,700 1
Slide 10: Sales and Operating Profit by Business Segment (Plan FY2013)
Sales and Operating Profit by Business Segment (Plan FY2013) FY2013(Plan) (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 25,000 6,000 2,200 2,300 1,850 150 37,500 500 37,000
Slide 11: Net Sales by Region (Plan FY2013)
Net Sales by Region (Plan FY2013) (Units:Millions of Yen) FY2012 FY2013(Plan) YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 28,942 83.6% 31,450 85.0% 2,508 8.7% Overseas 5,697 16.4% 5,550 15.0% 147 2.6% North America 2,585 7.5% 2,100 5.7% 485 18.8% Europe 1,664 4.8% 1,650 4.5% 14 0.8%
Slide 12: Sales Units by Region (Plan FY2013)
Sales Units by Region (Plan FY2013) (Thousands of Units) FY2012 FY2013(Plan) YoY Change Area Units Ratio Units Ratio Units Ratio Japan 3,595 54.6% 4,200 66.7% 605 16.8% Overseas 2,990 45.4% 2,100 33.3% 890 29.8% North America 1,635 24.8% 920 14.6% 715 43.7% Europe 860 13.1% 750 11.9% 110 12.8% Asia
Slide 13: Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2013)
Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2013) Expenses to Sales Ratio Capital Expenditure and Depreciation Expenses (Millions of Yen) 70 COG 2,500 2,400 Depreciation SG&A Expenses Capital 60 Expenditure 2,000 59.8% 59.4% 50 Improve 0.4 points 1,500 40 30 1,000 931 950 2
Slide 14: Tecmo Koei Group Management Policy & Strategy
Tecmo Koei Group Management Policy & Strategy
Slide 15: Operating Profit
Profit increase for the third consecutive year. Achieving the highest profit ever! Sales/Operating Profit Sales (Millions of Yen) (Millions of Yen) Operating Profit 50,000 10,000 40,000 8,000 Operating Profit Sales 30,000 6,000 20,000 4,000 10,000 2,000 0 0 FY2009 FY2010 FY2011 FY2012 FY2013(Plan) ●
Slide 16: Management Policy FY2013: IP Creation and Expansion
Management Policy FY2013 IP Creation and Expansion In order to achieve growth and profitability, aim for integrated progress focused on IP through the creation of new IP and expansion into multi areas. Multi-platform Expansion into many genres IP Tie-ups Collaborative efforts Animation Comics Toys F
Slide 17: IP Creation
IP Creation
Slide 18: IP Expansion: Develop into a major title
IP Expansion Develop into a major title Animation Comics Tie-ups Books
Slide 19: IP Expansion
IP Expansion ● “Nobunaga’s Ambition” 30th Anniversary ● Extension of GUST’s IP
Slide 20: Achieving growth and profitability
Achieving growth and profitability ● Extension of series tiles and collaborative titles ● Support new platform Wii U / PS4 ● Expansion of download business
Slide 21: Cost reduction/Business efficiency
Cost reduction/Bussines efficiency Expenses to Sales Ratio COG Compare with FY2010 SG&A 70 Improve 4.6 points 60 64.0% 62.0% 59.8% 59.4% 50 40 Compare with FY2010 30 Improve 3.9 points 20 25.7% 22.3% 21.8% 21.7% 10 0 FY2010 FY2011 FY2012 FY2013(Plan)
Slide 22: Current situation and future direction of Online & Mobile business
Current situation and future direction of Online & Mobile business Sales/Operating Profit of Online & Mobile Sales Operating Profit (Millions of Yen) Online game (Millions of Yen) 7,000 Social game 1,500 Other 6,000 Operating Profit 1,000 5,000 500 Sales 4,000 3,000 0 2,000 500 1,000 0 1,000 FY2009
Slide 23: Online & Mobile business: Future direction
Online & Mobile business : Future direction ● Make collaborative titles also in social games “AKB48 no Yabou” ● Strengthen smart phone business Social games / Native applications ● Expansion of browser games
Slide 24: Online & Mobile business: Future direction
Online & Mobile business : Future direction Rebuilding of social game structure ● Concentrate resources to more profitable projects ● Overseas expansion : Focus on the Asian market • Restructure strategy for the European and American markets • China : Reattempt to achieve success with browser games
Slide 25: Media & Rights business: Future direction
Media & Rights business : Future direction Expand market share for titles aimed at women ● Neo Romance IP Development of “Geten no Hana” “Kin iro no Koruda” 10th Anniversary ● Game software development Creation of new IP Strengthen the earing power of social games ● Event business Carry out measures
Slide 26: Toward high growth and profitability
Toward high growth and profitability Sales / Operating Profit / Ordinary Profit Ratio Ordinary Profit Ratio (%) 30 25 20 Sales Operating Profit 15 Ordinary Profit / Ordinary Prof it Ordinary Profit 10 (Millions of Yen) (Millions of Yen) 50,000 20,000 40,000 15,000 30,000 Sales 10,000 20,000 5,000 10
Slide 27: Forward-looking statements notice
This document contains statements regarding future objectives, beliefs and current expectations of TECMO KOEI HOLDINGS CO., LTD. with respect to its financial results. Such statements imply risks and uncertainties and no guarantee of future performance.