Hakuhodo Dy Holdings Incorporated · TSE:2433

Hakuhodo Dy — 1H FY2018 Earnings Presentation

26 slides from Hakuhodo Dy's earnings presentation, Nov 9, 2018

  1. Slide 1: Consolidated Financial Highlights 1H of Fiscal Year Ending March 31, 2019

    Consolidated Financial Highlights 1H of Fiscal Year Ending March 31, 2019 (1H of FY 2018) 2018.11.9

  2. Slide 2: Cautionary statement concerning forward-looking statements, Note concerning audits

    Cautionary statement concerning forward-looking statements, Note concerning audits This presentation includes forward-looking statements concerning forecasts of operating results, business plans and policies, management strategies, goals, plans, numbers involving the future, views and evaluations of

  3. Slide 3: Consolidated Financial Highlights for 1H of FY 2018

    Consolidated Financial Highlights for 1H of FY 2018

  4. Slide 4: Consolidated Financial Highlights (1)

    Consolidated Financial Highlights （1） Operating income of ¥33.5 billion due in part to the sale of operational investment securities The figures in parentheses below represent amount and percentage increases/decreases that exclude the impact from the sale of Mercari, Inc.’s shares (hereinafter, “imp

  5. Slide 5: Consolidated Financial Highlights (2)

    Consolidated Financial Highlights （2） (Millions of yen) 1Q of 2Q of 1H of YoY comparisons YoY comparisons YoY comparisons FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 Change (%) Change (%) Change (%) Billings 301,164 323,870 22,706 7.5% 309,780 339,504 29,724 9.6% 610,945 663,375 52,430 8.6% Revenue 58

  6. Slide 6: Consolidated Financial Highlights (3)

    Consolidated Financial Highlights （3） 【Consolidated Financial Highlights】 【Impact from Mercari】 【Excluding impact from Mercari】 1H of 1H of 1H of YoY comparisons YoY comparisons YoY comparisons FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 (Millions of yen) Change (%) Change (%) Change (%) Billings 610,

  7. Slide 7: Consolidated Financial Highlights (4)

    Consolidated Financial Highlights （4） 【 Dif f eren ces between actu al 1H resu lts an d f orecast an n ou n ced on Au gu st 7,2018 】 （Millions of yen） 1H 1H 1H Change between results and forecsts FY2017 FY2018 YoY FY2018 YoY Forecsts as of (Result) change （％） (Result) change （％） change （％） Aug. 7,'1

  8. Slide 8: Results by Region (1)

    Results by Region （1） 1H of YoY comparisons FY2017 FY2018 (Millions of yen) Change （%) ■ Japan: Impact from Mercari ■ Billings 572,314 595,522 23,207 4.1% Revenue 107,998 126,234 18,236 16.9% ・Billings were up 1.8% excluding the impact from Mercari. Japan (Gross margin) (18.9%) (21.2%) (+2.3%) Opera

  9. Slide 9: Results by Region (2)

    Results by Region （2） 1Q of 2Q of 1H of YoY comparisons YoY comparisons YoY comparisons FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 (Millions of yen) Change （%) Change （%) Change （%) Billings 282,676 297,370 14,693 5.2% 289,637 298,151 8,514 2.9% 572,314 595,522 23,207 4.1% Revenue 51,281 66,222 14,94

  10. Slide 10: Billings by Industry (New compiling method) (1)

    Billings by Industry (New compiling method)（1） (Millions of yen) 1Q of YoY comparisons 2Q of YoY comparisons FY2017 FY2018 YoY comparisons FY2018 Change （%) FY2018 Change （%) 1H Share 1H Share Change （%) Automobiles/Related products 26,890 (212) -0.8% 29,726 (6,356) -17.6% 63,184 12.7% 56,616 11.3%

  11. Slide 11: Billings by Industry (New compiling method) (2)

    Billings by Industry (New compiling method) （2） Year-on-year changes for 1H of FY2018 (Millions of yen) Restaurant/Services Major Changes (Largest Increases) Finance/Insurance 1H of Y o Y comparisons Beverages/Cigarettes/Luxury FY'18 (%) Change foods Restaurant/Services 24.1 +21.3% 4.2 Cosmetics/Toi

  12. Slide 12: Billings by Industry (New compiling method) (3)

    Billings by Industry (New compiling method) （3） Quarterly YoY Changes (1) Top 3 Largest Total(±) Changes by Industry（Millions of Yen） Restaurant/Services Finance/Insurance Beverages/Cigarettes/Luxury foods +7,000 +7,000 +7,000 +5,000 +4,253 +5,000 +5,000 +3,674 +3,000 +2,386 +3,000 +3,000 +2,510 +2,

  13. Slide 13: Billings by Industry (New compiling method) (4)

    Billings by Industry (New compiling method) （4） Quarterly YoY Changes(2) Other Major Industries（Millions of Yen） Information/Communications Foodstuffs Cosmetics/Toiletries +7,000 +7,000 +7,000 +5,000 +5,000 +5,000 +3,000 +2,274 +3,000 +3,000 +1,740 +1,636 +1,000 +341 +1,000 +491 +1,000 -164 -103 -1,

  14. Slide 14: Billings by Industry (New compiling method) (5)

    Billings by Industry (New compiling method) （5） 【Reference: Results for FY2017 under the New Compilation Method】 (Millions of yen) １Ｑ of YoY comparisons 2Q of YoY comparisons ３Ｑ of YoY comparisons ４Ｑ of YoY comparisons Total of YoY comparisons FY2017 Change （%) FY2017 Change （%) FY2017 Change （%) FY

  15. Slide 15: Billings by Service Area

    Billings by Service Area (Millions of yen) １Ｑ of 2Ｑ of １H of １H of YoY comparisons YoY comparisons YoY comparisons FY2018 FY2018 FY2017 FY2018 Amount Change （%) Amount Change （%) Amount Share Amount Share Change （%) Newspapers 10,603 (2,083) -16.4% 10,667 (1,100) -9.3% 24,452 4.5% 21,270 3.9% (3,182

  16. Slide 16: Changes in SG&A Expenses (1)

    Changes in SG&A Expenses（1） (Millions of yen) １Ｑ of YoY comparisons ２Ｑ of YoY comparisons 1Ｈ of YoY comparisons FY2017 FY2018 Change (%) FY2017 FY2018 Change (%) FY2017 FY2018 Change （%) Personnel costs 34,113 40,016 5,903 17.3% 35,256 41,218 5,961 16.9% 69,370 81,235 11,864 17.1% Other Ｅxpenses (to

  17. Slide 17: Changes in SG&A Expenses (2)

    Changes in SG&A Expenses（2） (billions of yen) Change Factors in SG&A Expenses ↑2.8 ↑4.0 ↑1.0 ↓0.4 ↑11.3 121.7 103.0 90 FY2017 Changes in Retirement Amortization Personnel costs Others FY2018 consolidation benefit costs of goodwill (excl. factors … (excl. factors … November 9, 2018 Consolidated Finan

  18. Slide 18: Non-Operating Items and Extraordinary Gains and Losses

    Non-Operating Items and Extraordinary Gains and Losses (Millions of yen) １Ｑ of YoY comparisons ２Ｑ of YoY comparisons １Ｈ of YoY comparisons FY2017 FY2018 Change (%) FY2017 FY2018 Change （%） FY2017 FY2018 Change （%） Non-operating income 1,251 1,674 423 33.9% 351 553 202 57.5% 1,602 2,228 625 39.1% Non

  19. Slide 19: Consolidated Balance Sheets

    Consolidated Balance Sheets (Millions of yen) (Millions of yen) Mar. 31, 2018 Sep.30, 2018 Comparisons Sep.30, 2017 Amount Share Amount Share Change (%) Amount Share Current assets 538,905 67.5% 525,024 63.8% (13,881) -2.6% 462,569 67.8% Fixed assets 259,230 32.5% 298,202 36.2% 38,972 15.0% 219,919

  20. Slide 20: Consolidated Statements of Cash Flow

    Consolidated Statements of Cash Flow (Millions of yen) 1H of Y o Y comparisons FY2017 FY2018 Change Cash flow from operating activities (10,665) (2,474) 8,191 Cash flow from investing activities (3,638) (9,313) (5,675) Cash flow from financing activities (8,571) (19,569) (10,997) Effect of exchange

  21. Slide 21: Highlights of Operating Results at Major Subsidiaries

    Highlights of Operating Results at Major Subsidiaries (Millions of yen) 1H of YoY comparisons FY2017 FY2018 Change (%) ◎Billings rose ¥15.6 billion, or 3.6%, year on year. Client industries with billings increases: Restaurant/Services, Hakuhodo (＊) Finance/Insurance Client industries with billings d

  22. Slide 22: Business Outlook for Fiscal 2018

    Consolidated Business Outlook for Fiscal 2018

  23. Slide 23: Business Outlook for Fiscal 2018 (1)

    Consolidated Business Outlook for Fiscal 2018（1） ◎ Changed full-year forecast for the domestic adverting market in light of the market’s sluggish performance in the first half. (Around 2% ⇒ Around 1%) ◎ Downward revision made to full-year consolidated forecast for billings based on our performance i

  24. Slide 24: Business Outlook for Fiscal 2018 (2)

    Consolidated Business Outlook for Fiscal 2018（2） As of November 9, 2018 （Millions of yen） 1H 2H Full Year FY2017 FY2018 YoY FY2017 FY2018 YoY FY2017 FY2018 YoY (Result) (Result) change （％） (Result) (Forecasts) change （％） (Result) (Forecasts) change （％） Billings 610,945 663,375 52,430 8.6% 724,085 79

  25. Slide 25: Business Outlook for Fiscal 2018 (3)

    Consolidated Business Outlook for Fiscal 2018（3） 【Fu ll-Year Con solidated Perf orman ce Forecast （Compared with f orecasts an n ou n ced on Ju n e 11）】 （Millions of yen） Full Year Full Year Full Year Difference between new forecasts and forecasts FY2017 FY2018 YoY FY2018 YoY announced on June 11 （F

  26. Slide 26: Note on Tsutawaru Font

    Text is this document is printed in “Tsutawaru Font,” an original font jointly developed by Hakuhodo Inc., TypeBank Co., Ltd., and Keio University. Developed based on the concept of universal design, the purpose of the font is to prevent reading errors and enhance the readability of the text.

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