Koei Tecmo Holdings Co., Ltd. · TSE:3635

Koei Tecmo — H1 FY2018 Earnings Presentation

33 slides from Koei Tecmo's earnings presentation, Dec 12, 2017

1. Slide 1: Fiscal Year Ending March 2018 1st Half Financial Results

   (KT) KOEI TECMO HOLDINGS CO.,LTD. Fiscal Year Ending March 2018 1st Half Financial Results

2. Slide 2: Financial Summary (FY2017 1st Half)

   Financial Summary (FY2017 1st Half) Sales Operating Profit Ordinary Profit Net Income Achieved YoY profit increase! Achieved all-time high in Ordinary Profit and Net Income for the first half! Term ended Sep. 2016 Amount Ratio 16,576 100.0% 2,748 16.6% 4,904 29.6% 3,786 22.8% (Units: Millions of Yen

3. Slide 3: Major Titles and Events (FY2017 1st Half)

   Major Titles and Events (FY2017 1st Half) BupsonmeNes ——< Playsta on®Vita / tendo Switch™ 80,000 copies Service started -SPLASH SUMMER FES 20!7— in Japan in Japan TRE EMBLEM New Nintendo 3DS™ Ss ! Nintendo owen / PlayStation®4 k 5 f P y — : 3 Hg 20u7 =) Ea Ke ae y, OS iOS / Android iOS / Android SES

4. Slide 4: Sales and Operating Profit by Business Segment (FY2017 1st Half)

   Sales and Operating Profit by Busi (FY2017 1st Half) Term ended Sep.2017 (Units: Millions of Yen) ; cit Amusement Corporate & Ponscneaiee Rea Fetate SE Operating Profit Sales Term ended Sep.2016 Pachislot & | Amusement Corporate & Consolidated Pachinko | Facilities | RealEstate Others Elimination _—

5. Slide 5: Net Sales by Region

   Net Sales by Region ii (Units: Millions of Yen) "Sep. 2016. YoY Change Amount Ratio Amount —_ Rate of Change — 12,228 74.8% A2,338 A19.1% Overseas 4,348 26.2% 678 15.6% Northameica 1,942 11.7% A232 A11.9% — 961 5.8% 247 25.7% Asia 1,445 8.7% 663 45.9% Tota 16,576 100.0% A1,660 A10.0%

6. Slide 6: Sales Units by Region

   Sales Units by Region ii (Units: Thousands of Units) "Sep. 2016. YoY Change Amount Ratio Amount Rate of Change diapers 1,630 63.9% A845 A51.8% Gverneae 920 36.1% 855 92.9% RordiAimation 400 15.7% 460 115.0% Europe 280 11.0% 315 112.5% Asia 240 9.4% 80 33.3% Toa 2,550 100.0% 10 0.4% Note: Includes do

7. Slide 7: Consolidated Plan (Fiscal Year Ending March 31, 2018)

   KOEI TECMO HOLDINGS CO., LTD Consolidated Plan (Fiscal Year Ending March 31, 2018) |

8. Slide 8: Financial Summary (Plan FY2017)

   Financial Summary (Plan FY: (Units: Millions of Yen) FY2016 YoY Change Amount Ratio / Amount Rate of change Sales) 37,034 100.0%) 4 ) > 4,966 13.4% Operating 8,781 23.7% | ° 2 ; 2,71 9 31.0% Ordi 9 mO 4/0/. ° orate | 19,221 = 41.1% 38.1% 779 5.2% NetIncome 11,624 31.4% 11, , 76 0.6%

9. Slide 9: Sales and Operating Profit by Business Segment (Plan FY2017)

   Sales and Operating Profit by Bu: (Plan FY2017) FY201 7 (Units: Millions of Yen) intertaii Corporate & Consolidated Elimination Total Operating | Sales Profit FY2016 (Units: Millions of Yen) Pachislot & | Amusement Corporate & Consolidated Pachinko | Facilities | RealEstate Others Elimination _—‘Tot

10. Slide 10: Net Sales by Region (Plan FY2017)

    Net Sales by Region (Plan FY: FY2016 Amount Japan Overseas North America Europe Asia 27,089 9,945 4,411 2,159 3,375 (Units: Millions of Yen) YoY Change Amount Rate of Change Total 37,034 4,411 555 A111 341 325 4,966

11. Slide 11: Sales Units by Region (Plan FY2017)

    Sales Units by Region (Plan FY2016 Amount Ratio Japan Overseas North America Europe Asia 3,060 3,270 1,320 880 1,070 48.3% 51.7% 20.9% 13.9% 16.9% Total 6,330 100.0% Note: Includes downloadable versions (Units: Thousands of Units) YoY Change Amount Rate of Change A410 480 180 170 130 70

12. Slide 12: Capital Expenditure and Depreciation Expenses (Plan FY2017)

    Capital Expenditure and (Units: Millions of Yen) 10,000 8,000 6,000 4,000 2,000 Depreciation Expenses (Plan FY2017) Capital Expenditure and Depreciation Expenses O Depreciation Expenses ©) Capital Expenditure(development equipment, etc.) 8 41 7 Capital Expenditure(real estate) Ld 4,394 924 FY2014 84

13. Slide 13: Management Policy & Future Business Deployment

    KOEI TECMO Group Management Policy & Future Business Deployment

14. Slide 14: 1st Half Review

    ist Half Review 1st Harf of steadily exceeded the plan (Units: Millions of Yen) Sales Profit Ordinary Profit Net Income Results 14,916 Operating | 2,850 6,897 5,034 (27th of April) 15,000 1,300 3,300 2,300 | Change from ist Foreca (27th of April) A84 1,550 3,597 2,734 Previous fiscal year(FY2016) 16

15. Slide 15: IP Creation and Expansion

    IP Creation and Expansion Japan Game Awards2017 Future Division PlayStation®4 On Sale: February 8, 2018 OI—I-FIET—L2 All rights reserved.

16. Slide 16: IP Creation and Expansion

    IP Creation and Expansion Windows® (Steam®) / PlayStation®4 / Nintendo Switch™ c L = = OI—I-F9ES—L2Z All rights reserved.

17. Slide 17: IP Creation and Expansion

    IP Creation and Expansion ~ The Alchemists and the Mysterious Paintings Pleyseetende Sone 10S / Aner On Sale: December 21,2017 Schedules to launch this Winter O3-L-F9ES—LZ All rights reserved.

18. Slide 18: IP Creation and Expansion

    IP Creation and Expansion New smartphone game titles are currently under development by the new brand "midas." PROJECT CODE :F PROJECT CODE: PUCK

19. Slide 19: Platform Expansion

    Platform Expansion X A AWN a S FIRE El EMBLEM = < wittFW Nintendo Switch™ / New Nintendo 3DS 1m Nintendo / INTELLIGENT SYSTEMS GI—T—F5EF—AZ All rights reserved. Licensed by Nint:

20. Slide 20: Platform Expansion

    Platform Expansion — —! Nintendo Switch™ Nintendo Switch™ Nintendo Switch™ On Sale: November 9, 2017 On Sale: November 9, 2017 On Sale: November 9, 2017 Releasing more titles for Nintendo Switch, including the "WARRIORS" series. OA—L-FES— LZ All rights

21. Slide 21: Platform Expansion

    Platform Expansion “4 OI—I-FIET—L2 All rights reserved. © HAH ase

22. Slide 22: Platform Expansion

    Platform Expansion a "VR SENSE" - made to stimulate all five senses. Received good feedback on a location test in DEND DR SLIYS September! i 5 TECMO mI DoT SENSE ~RESEELMCZLE~ Bien Zs "VRSENSE- iy =A —pryi— —“! GKonami DigitalEntertainment ©I-I—F9E—LA OA—L-FHEST—T Allrights reserved.

23. Slide 23: Collaboration Efforts

    Collaboration Efforts ey NN DISSIDIA — a | a PINAL FANTASY. _ OPSAA Omni. PlayStation®4 / I I PlayStation®Vita / Fe cae oe Nintendo Switch™ 7 PlayStation®4 iOS / Android intendo / INTELLGENT SYSTEMS © KOEI TECVO CAI (MES /SOUARE ENIX CO,. LTD. All-Righ Bi BER EROS i) CRRLLIBI Ba 1sR 19 VOSHITACR AMA

24. Slide 24: Collaboration Efforts

    Collaboration Efforts ‘Form a capital and business alliance with HEROZ, Inc., a venture company possessing a unique artificial intelligence technology. x HEROZ ) ® JAPAN -Additional collaborations with famous IPs on smartphones titles!

25. Slide 25: Tie-ups

    Tie-ups ‘Movies "Sekigahara" and "Shinobi no Kuni" x Koei Tecmo *GAME SYMPHONY JAPAN x SHIBUSAWA KOU -"Etrian Mystery Dungeon" x TY GIRLS TRINARY" q | } \ } &. wtoell , wm BOON pa 4-1-7780 Pati oaz! 3 f Avo} we ©3-L-F 7 EF—AzZ All rights reserved, Y OA-T-F5ES—-AL served,

26. Slide 26: Tie-ups

    Tie-ups : -Yokohama Hakkeijima Sea Paradise x Neo-Romance *TOKYO JOYPOLIS x Tokimeki Restaurant “wanirid Puroland x Tokimeki Restaurant (CT) KOEI TEMG CAFE &. DINING ma Hakkeilima Seaparadis: Ir ights reserved. OCA APPROVAL No PO808302 021.

27. Slide 27: Global Expansion

    Global Expansion iOS / Android Successful expansion of IP License in Asia region! GNEXON Co, Ltd. Ail Rights Reserved. GXPEC Entertainment Inc. All right reserved. ©KOEI TECMO GAMES All GIRS EEL OR NG Ore Oe Perea A Gen cess ee ©2017 Thingsott Co. Ltd. All Rights Reserved. ©2017 I-T—7-9E4—12 All rig

28. Slide 28: Global Expansion

    Global Expansion TRE EMBLEM me LL PlayStation®4 / PlayStation®Vita / Nintendo Switch™ / PlayStation#4 / PlayStation®4 PlayStation®4 Nintendo Switch™ / New Nintendo 3DS™ Steam® Steam® Strongly promoting expansion on console repels market GNintendo / INTELLGENT SYSTEMS ©—I—F9£7—LA KOEI TECMO GAMES/SQU

29. Slide 29: Enhance digital business

    Enhance digital business Free-to-play version Exceeded 10 Million DMM GAMES downloads! Pre-order open now in Japan. O3-L-F9ES—LZ All rights reserved.

30. Slide 30: Expanding Services of my GA

    Expanding Services of my GA (Units: Ten thousand of People) 120 LIS ON Je ™ on “Y Achieved more than et 100 80 60 40 FY2015 1st Half FY2016 1st Half FY2017 1st Half Campaigns were held to celebrate the above and the 7th anniversary! O3-L-F9ES—LZ All rights reserved.

31. Slide 31: Aiming for Operating Profit Ratio of 40%

    Aiming for Operating Profit Ratio of 41.1% 41.1% 38.1% -~® Ordinary Profit Ratio ~® Operating Profit Ratio FY2014 FY2015 FY2016 FY2017 FY2018 (Plan)

32. Slide 32: Dividend Policy: Payout Ratio of 50%

    (Dividend of Yen) Dividend Policy: Payout Ratio of 50% or 50 Yen Transition of dividend Net Income or ven 70 67.2 67.2 14,000 ©) Dividend i ~@ Net Income 62.49 60 12,000 50 —— OYe 3G6Yen} 10,000 40 | 8,000 30 6,000 eo October ist, 2015 a 10 Stock Split 1:1.2 2,000 m7 i mi 2) FY2013 FY2014 FY2015 FY2

33. Slide 33: Statements regarding future objectives, beliefs and expectations

    ® This document contains statements regarding future objectives, beliefs and current expectations of KOEI TECMO HOLDINGS CO., LTD. with respect to its financial results. Such statements imply risks uncertainties and no guarantee of future performance

Koei Tecmo Holdings — H1 FY2018 Earnings Presentation on 6ix