Freebit Co., Ltd. · TSE:3843
Freebit — Q2 FY2024/04 Earnings Presentation
34 slides from Freebit's earnings presentation, Dec 8, 2023
Slide 1: Financial Results for the Second Quarter FY2024/04
Notice: This document was prepared by machine translation, and no manual modification has been made to the translated contents. This document is to be used only as a reference, and in cases any differences occur between English version and the original Japanese version, the Japanese version shall pr
Slide 2: Agenda
Agenda 1. Financial Results for the Second Quarter of FY2024/04 ･････ 3 Financial results by segment for the Second Quarter 2. of FY2024/04 ･････ 14 3. Progress against the FY2024/04 full-year forecast ･････ 27 4. Appendix ･････ 33 FreeBit Co., Ltd. All Rights Reserved. 2
Slide 3: 1. Financial Results for the Second Quarter of FY2024/04
1. Financial Results for the Second Quarter of FY2024/04 FreeBit Co., Ltd. All Rights Reserved. 3
Slide 4: Impact of change in fiscal year-end of consolidated subsidiaries
Impact of change in fiscal year-end of consolidated subsidiaries (GIGAPRIZE and its subsidiaries) ◼ GIGAPRIZE Group (GPG) changed the date of its fiscal year-end from March 31 to April 30, the same as our consolidated fiscal year-end. As a result, the consolidated subsidiaries in the current fiscal
Slide 5: Summary of Consolidated Financial Results for the Second Quarter
Summary of Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending April 30, 2024 FY2024/04 2Q (Reference) FY2024/04 2Q (including the impact of the change (Excluding the impact of the change in the fiscal FY2023/04 in the fiscal year-end) year-end)*2 (Millions of yen) Percen
Slide 6: Topics for the Second Quarter of the Fiscal Year Ending April 2024
Topics for the Second Quarter of the Fiscal Year Ending April 2024 • Net sales increased 19.9% year on year (excluding the impact of the change in the fiscal year (*1): increased 12.2%) due to scale expansion in 5G Infrastructure Support Business's FreeBit B2B mobile services, customer acquisition i
Slide 7: YoY Variance Analysis Net Sales
YoY Variance Analysis Net Sales All segments remained solid, mainly in the Affiliate Business of the Corporate and Creator 5G DX Support Business. As a result, actual results increased by 19.9% year on year (excluding the impact of the change in the fiscal year end: 12.2% increase) Corporate and Cre
Slide 8: YoY Variance Analysis Operating Income
YoY Variance Analysis Operating Income While implementing strategic investments, all segments remained solid, mainly in 5G Lifestyle Support Business. As a result, actual results increased by 56.5% year on year and base income increased by 43.5% (Excluding the impact of the change in the fiscal year
Slide 9: Breakdown of strategic investment for FY 2023 and FY 2024
Breakdown of strategic investment for FY 2023 and FY 2024 Continuous implementation of strategic investments, including acquisition of "TONE" and "TONE Labo" users for 5G lifestyle support business and promotion of businesses in the incubation zone 5G Infrastructure (Millions of yen) Support Busines
Slide 10: YoY Variance Analysis Ordinary Income
YoY Variance Analysis Ordinary Income Due to strong base profit, actual results increased by 67.0% year on year and base profit increased by 50.8%. (Excluding the impact of the change in the fiscal year-end: Base profit increased 33.5%) (Millions of yen) Strategic Previous investment Base Operating
Slide 11: YoY Variance Analysis Quarterly net income attributable to owners of the parent
YoY Variance Analysis Quarterly net income attributable to owners of the parent Increased by 134.8% year on year due to increase in ordinary income, etc. (Excluding the impact of the change in the fiscal year-end: 116.1% up) (Millions of yen) Gain on sales of shares of GPG results Gain on sales of s
Slide 12: Consolidated Results Summary BS Comparison
Consolidated Results Summary BS Comparison Shareholders' equity ratio increased to 27.8% due to increase in retained earnings resulting from solid performance and reduction of interest-bearing debt (Millions of yen) Current Current Assets Liabilities Assets Liabilities 30,640 24,894 29,936 22,786 Ca
Slide 13: Net Sales and Operating Income per Employee
Net Sales and Operating Income per Employee Net sales and operating income (base profit) per employee are expected to increase from the previous fiscal year SiLK VISION SiLK VISION SiLK VISION FY2021 SiLK VISION 2013 2016 2020 /04 2024 (Thousands of yen) 60,000 10,000 Net sales per capita 40,000 5,0
Slide 14: 2. Financial results by segment for the Second Quarter of FY2024/04
2. Financial results by segment for the Second Quarter of FY2024/04 FreeBit Co., Ltd. All Rights Reserved. 14
Slide 15: Composition by segment
Composition by segment Revenues and profits increased in all segments: 5G Infrastructure Support Business, 5G Lifestyle Support Business, and Corporate and Creator 5G DX Support Business 5G Infrastructure Support Business Corporate and creator 17.4% Net sales Segment profit or loss 5G DX Support Bus
Slide 16: Performance Progress: 5G Infrastructure Support Business (Mobile Revolution Area)
[Performance Progress] 5G Infrastructure Support Business (Mobile Revolution Area) SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Corporate and Creator 5G DX Support Business Creator Maker (StandAlone) Bizmodel Maker (4.0) 5G Lifestyle Support Business 5G Workstyle / 5G Healthst
Slide 17: 5G Infrastructure Support Business: Performance Progress
5G Infrastructure Support Business: Performance Progress Operating income increased 19.9% year on year due to increase in use of B2B mobile services, despite decrease in use of B2B fixed network services and increase in personnel expenses Net Sales and Segment Income (Loss) Segment Profit/Loss YoY V
Slide 18: 5G Infrastructure Support Business: Mobile Services
5G Infrastructure Support Business：Mobile Services ● For proprietary plans tailored to customer needs ● Sales SIM Composition Trends Provide components Provision of proprietary plans Provision at bandwidth Support planning for your own We provide the necessary company. A dedicated representative wil
Slide 19: Performance Progress: 5G Lifestyle Support Business (Lifestyle Revolution Area)
[Performance Progress] 5G Lifestyle Support Business(Lifestyle Revolution Area) SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Corporate and Creator 5G DX Support Business Creator Maker (StandAlone) Bizmodel Maker (4.0) 5G Lifestyle Support Business 5G Workstyle / 5G Healthstyle
Slide 20: 5G Lifestyle Support Business: Performance Progress
5G Lifestyle Support Business: Performance Progress Operating income increased 61.0% year on year due to solid 5G Homestyle and the completion of investment to expand the store network in the TONE business, etc. (compared to the base) (excluding the impact of the change in the fiscal year end: incre
Slide 21: 5G Lifestyle Support Business: Performance Progress
5G Lifestyle Support Business: Performance Progress The number of units provided for ISP services for apartment buildings, a key indicator of 5G Homestyle(GPG), increased by 78,000 units compared to the end of the previous fiscal year to a cumulative total of 1,130,000 units, which showed steady pro
Slide 22: 5G Lifestyle Support Business Topics
5G Lifestyle Support Business Topics “Minato Mirai LIVING TOWN" first phase opening on September 30 (Saturday) Steadily launching initiatives as test beds that enable people to experience 5G Homestyle, etc. ● "Minato Mirai LIVING TOWN" First Phase Opens ● Established "Secual Smart Pole" as one of th
Slide 23: 5G Lifestyle Support Business: Topics
5G Lifestyle Support Business：Topics Launched services for detached rental housing in collaboration with Secual In the corporate housing management service business, launched services to TOKIUM and NIC Retails ● In addition to the market for apartment buildings, ● Entered into a corporate housing ma
Slide 24: Performance Progress: Corporate and Creator 5G DX Support Business
[Performance Progress] Corporate and Creator 5G DX Support Business (Production Revolution Area) SiLK VISION 2020 SiLK VISION 2024 SiLK VISION 2027 SiLK VISION 2030 Corporate and Creator 5G DX Support Business Creator Maker (StandAlone) Bizmodel Maker (4.0) 5G Lifestyle Support Business 5G Workstyle
Slide 25: Corporate and Creator 5G DX Support Business: Performance Progress
Corporate and Creator 5G DX Support Business ： Performance Progress Sales and gross profit increased due to strong performance in the Affiliate Business. Operating income increased 38.9% year on year due to a decrease in SG&A expenses, etc. due to the PMI effect following the conversion of FS to a w
Slide 26: Corporate and Creator 5G DX Support Business: Topics
Corporate and Creator 5G DX Support Business：Topics Launch of new features with Internet marketing support tool StandAlone began developing new apps for release ● Launch of writing tools using generated AI ● Horizontal development of services for creator communities is finally launched “Ahrefs", a l
Slide 27: 3. Progress against the FY2024/04 full-year forecast
3. Progress against the FY2024/04 full-year forecast FreeBit Co., Ltd. All Rights Reserved. 27
Slide 28: Medium-term management plan SiLK VISION 2024 Earnings Targets
Medium-term management plan "SiLK VISION 2024" FreeBit Group Earnings Targets for the Fiscal Year Ending April 2024 Aiming for 50 billion yen in sales and 5 billion yen in operating profit (Millions of yen) Operating 52,009 Net sales Base 50,000 income income 46,771 Base 43,075 Base income income 5,
Slide 29: Progress against the FY2024/04 full-year forecast (Initial Results Forecast)
Progress against the FY2024/04 full-year forecast (Initial Results Forecast) Net sales and all incomes at each stage exceeded the initial forecast Full year Progress (Actual: Excluding the impact Progress (Actual: Including the impact Forecasts of change in fiscal year end) of the change in the fisc
Slide 30: Upward revision of full-year forecast for the year ending April 30, 2024
Upward revision of full-year forecast for the year ending April 30, 2024 Revised forecast (Reference) Previous Including the Increase/ Percentage Actual in Excluding the increase/ (Millions of yen) Forecast impact of the impact of Change Decrease decrease the previous change in the fiscal year (A) f
Slide 31: Dividend Forecasts for the Fiscal Year Ending April 2024
Dividend Forecasts for the Fiscal Year Ending April 2024 In the next medium-term management plan, we plan to deepen relationships with stakeholders and strengthen returns. As part of the initiative, implement the shareholder return policy ahead of schedule in the current medium-term management plan
Slide 32: Disclaimer
Disclaimer Forward-looking statements in this document, including our forecasts, goals, targets, plans and strategies, are based on information that we believe to be reasonable at the time of preparation of this document. Actual results and targets may differ materially from these forecasts and targ
Slide 33: 4. Appendix
4. Appendix FreeBit Co., Ltd. All Rights Reserved. 33
Slide 34: Explanation of the Three Revolution Areas and Each Business
Explanation of the Three Revolution Areas and Each Business Mobile revolution area 5G Infrastructure Support Market potential In order to solve various social Business 5G related market for the domestic industry is 210.6 problems, such as environmental billion yen, IoT market is 10.2 trillion yen. W