Ly Corporation · TSE:4689
Ly — Yahoo Japan — Q1 FY2013 Earnings Presentation
95 slides from Ly's earnings presentation, Jul 25, 2013
Slide 1: FY2013-1Q Business Results
Yahoo Japan Corporation FY2013-1Q Business Results (April-June 2013) July 25, 2013
Slide 2: Table of Contents
Table of Contents P. 3 Financial Highlights P. 17 Business & Strategies - Marketing Solutions Business - Consumer Business - Settlement & Finance / Other Businesses P. 75 Supplemental Information Statements made at the meeting or included in the documents that are not historical facts are forward-lo
Slide 3: FY2013-1Q Financial Highlights
FY2013-1Q Financial Highlights Achieved 3 consecutive quarter Double-digit YoY Growth after an interval of 6 years. (¥100M) YoY Change 2012-1Q 2013-1Q Change Contributors ・Promotion Advertising revenue grew ・Yahoo! Premium membership revenue Revenue 775 923 19.0% increased ・New consolidated subsidia
Slide 4: Quarterly Revenue
Quarterly Revenue (¥ 100M) 1,000 923 800 600 400 Gross Net 200 0 '03/ '04/ '05/ '06/ '07/ '08/ '09/ '10/ '11/ '12/ '13/ 4-6 4-6 4-6 4-6 4-6 4-6 4-6 4-6 4-6 4-6 4-6 * Commencing with FY2008, we started indicating revenue on a net rather than gross basis, by eliminating certain items in cost of sales
Slide 5: Quarterly Revenue YoY Growth Trend
Quarterly Revenue YoY Growth Trend 25% 20% 19.0% 15% 10% 5% 0% '10/4-6 '11/4-6 '12/4-6 '13/4-6 5
Slide 6: Quarterly Revenue Breakdown
Quarterly Revenue Breakdown (¥ 100M) 923 Total +147 (¥100M) +19.0% 800 775 Marketing Solutions Business +20.1% 632 Promotion Advertising revenue was strong. 600 526 Consumer Business +8.8% 400 Yahoo! Premium membership revenue grew. Other Business +110.1% 200 259 Start of FX business. 238 25 53 0 '1
Slide 7: Quarterly Advertising-related Revenue
Quarterly Advertising-related Revenue (¥ 100M) 500 494 Total +63 (¥100M) 430 120 +14.7% 400 123 53 Premium advertising revenue 300 24 -2.5% Revenue of advertising products excluding “Brand Panel” (PC) were mediocre. 200 320 YDN and others +117.8% 283 Yahoo! JAPAN Display Ad Network (YDN) revenue gre
Slide 8: Quarterly Advertising-related Revenue via Mobile Phones
Quarterly Advertising-related Revenue via Mobile Phones (¥ 100M) 80 Smartphone advertising revenue 60 +37 (¥100M) Smartphone advertising revenue ratio 9.9% → 16.2% 40 80 *Smartphone advertising revenue includes some revenue via tablet devices. Feature phone advertising revenue 20 42 -6 (¥100M) 11 Fe
Slide 9: Quarterly Advertising-related Revenue YoY Growth Trend
Quarterly Advertising-related Revenue YoY Growth Trend 25% 21.7% 20% 15% Promotion 10% Advertising Premium 5% Advertising 0% -2.5% -5% '10/4-6 '11/4-6 '12/4-6 '13/4-6 9
Slide 10: YoY Change Contributors by Industry - Promotion Advertising Revenue
YoY Change Contributors by Industry - Promotion Advertising Revenue (¥ 100M) 66.6 Total +66.6 (¥100M) +21.7% 21.4 17.4 10.3 9.7 4.7 3.8 3.1 0 YoY Change Others, net *The sum of changes by industry doesn’t match the total YoY change because a portion of revenue is not categorized by industry. 10
Slide 11: YoY Change Contributors by Industry - Premium Advertising Revenue
YoY Change Contributors by Industry - Premium Advertising Revenue (¥ 100M) Total -3.0(¥100M) -2.5% 2.7 2.1 YoY 1.6 Change 0.2 0 Others, net -3.0 -2.6 -4.0 -4.2 *The sum of changes by industry doesn’t match the total YoY change because a portion of revenue is not categorized by industry. 11
Slide 12: Quarterly e-Commerce Transaction Value
Quarterly e-Commerce Transaction Value (¥ 100M) Total +145 (¥100M) 3,966 4,112 +3.7% 4,000 Shopping-related -1.4% 735 746 Transaction value was almost flat. 3,000 Auction-related +4.0% Transaction value increased. 1,667 1,733 Others +5.9% 2,000 (Settlement/Financial services, pay digital content, et
Slide 13: Quarterly Profits
Quarterly Profits (¥ 100M) 60% 500 50% 400 40% 営業利益 Operating Income 経常利益 Ordinary Income 300 30% 四半期純利益 Quarterly Net Income 営業利益率 Operating Margin 経常利益率 Ordinary Margin 200 20% 100 10% 0 0% '03/4-6 '05/4-6 '07/4-6 '09/4-6 '11/4-6 '13/4-6 *Margins for '08/4-6 onward are affected by the change in th
Slide 14: Quarterly Operating Income YoY Growth Trend
Quarterly Operating Income YoY Growth Trend 20% 15% 15.4% 10% 営業利益成長率 5% 0% '10/4-6 '11/4-6 '12/4-6 '13/4-6 14
Slide 15: Revision of FY2013-1st Half Business Outlook
Revision of FY2013-1st Half Business Outlook (¥100M) 2013-1H 2013-1H (as of Apr. 25) (Revised) Change Contributors Promotion advertising revenue growth in Q1 Revenue 1,800 1,858 over expectations Operating Income 920 956 - Ordinary Income 922 959 - Half-year Net Income 569 612 Profit due to sales of
Slide 16: FY2013-2Q Business Outlook
FY2013-2Q Business Outlook (For reference only) (¥100M) 2012-2Q 2013-2Q YOY (Actual) (Forecast) Change Change Contributors ・Advertising revenue expected to grow ・Revenue from Premium Revenue 787 934 18.6% membership expected to increase ・New subsidiaries were added in 2012-2nd half Cost increases du
Slide 17: Marketing Solutions Business
Marketing Solutions Business 17
Slide 18: Acquisition of Users by Offering Good Services
Acquisition of Users by Offering Good Services Monetization with Distribution of Advertising 18
Slide 19: Services
Services 19
Slide 20: Major Portions of Traffic and Revenue Are Generated Through the Top 20 Services
Major Portions of Traffic and Revenue Are Generated Through the Top 20 Services Traffic Revenue Top 20 上位20 Top 20 (conceptual only) 20
Slide 21: DUBs of Top 20 Services Grow Favorably
* DUBs of Top 20 Services Grow Favorably '11/4-6 '12/4-6 '13/4-6 Source：Yahoo Japan Corporation *DUB=Daily Unique Browser 21
Slide 22: Measures to Improve Usability (Top 20 services)
Measures to Improve Usability (Top 20 services) 22
Slide 23: Renewed Yahoo! JAPAN Top Page After an Interval of 5 Years
Renewed Yahoo! JAPAN Top Page After an Interval of 5 Years Improved the design to be simple and user-friendly in order to optimize it to smart device screens 23
Slide 24: Yahoo! Finance
“Yahoo! Finance” Because of usability enhancements and impact of “Abenomics,” number of page views and DUBs reached record highs. Lehman Shock Yahoo! Finance PVs 24
Slide 25: Application of Yahoo! News
Started Offering Official No.1 Ranked Application of “Yahoo! News” ・140 foreign and domestic companies / 210 media distribute more than 3,500 news articles per day. ・ Application downloads the content at launch, enabling users to read articles even in out-of-service areas. ・ Ranked as No.1 on AppSto
Slide 26: Launched carview!
Launched “carview!” ・ Japan’s largest comprehensive automobile service site ・ Direct link on Yahoo! JAPAN top page （10 thousand Unique Users） 400 430 332 No.1 in Number of Users 200 118 94 54 0 carview! Goo-net carsensor.net Response. Autoc one +Yahoo! Auto Source: Nielsen (NetView JP), access from
Slide 27: Measures to Improve Usability (Smartphone services)
Measures to Improve Usability (Smartphone services) 27
Slide 28: Cumulative Number of Yahoo! JAPAN Applications Downloaded Increased
Cumulative Number of Yahoo! JAPAN Applications Downloaded Increased iOS+Android More than 95 million Cumulative downloads: More than 80 million More than 95 million and up 65 million More than 40 million Approx. Applicationsfor Applications foriOS・Android iOS・Android 30 million ′12/4-6 7-9 10-12 ′13
Slide 29: Cumulative Downloads of Community Factory Apps Exceeded 25 million
Cumulative Number of Downloads of Apps of Community Factory Exceeded 25 million 29
Slide 30: KAKAO TALK
“KAKAO TALK” Number of Users Increased. (10 thousand) Number of Users Global Users exceeded 100 million on July 1st. Mar. Apr. Nov. Jun. Dec. Jul. 2010 2011 2011 2012 2012 2013 30
Slide 31: Yahoo! File Manager
“Yahoo! File Manager” No.1 Ranked Users can organize files on Android easily. ・ Easy operation using drag and drop function ・ Files can easily be compressed and shared. ・ Ranked as No.1 in Google Play business category 31
Slide 32: kazoc
“kazoc” No.1 Ranked ・ Cloud service which enables family members to save and share documents and childhood photo collections ・ Won No.1 ranking in AppStore medical category 32
Slide 33: Yahoo! Medicine Note
No.1 “Yahoo! Medicine Note” Ranked ・ Provides “medicine time” alerts, checks remaining amount of pills and consumption history, and supervises administration for family members ・ Gained No.1 ranking in AppStore medical category 33
Slide 34: GyaO! KIDS
“GyaO! KIDS” No.1 Ranked ・ Offers approx. 500 videos free of charge ・ Improves usability for children by offering alarm function for watching too long or offering voice search, etc. ・ Ranked No.1 in AppStore iPad entertainment category 34
Slide 35: More Apps Ranked as No.1
No.1 More Apps Ranked as No.1 Ranked “Yahoo! Bookstore” in Overall Category App Store “GyaO!” in Entertainment Category “Disaster Prevention Alert” in Weather Forecast Category “Yahoo! Weather Forecast/Disaster” Google Play in Weather Forecast Category “Yahoo! Dictionary” in Books Category “Yahoo! B
Slide 36: Measures to Increase Revenue and Profit
Measures to Increase Revenue and Profit 36
Slide 37: Premium Advertising YDN
Premium Advertising YDN 37
Slide 38: Products Categorized in Premium Advertising
Products Categorized in Premium Advertising Brand Panel (PC) =Favorable Other Premium Advertising =Not favorable 38
Slide 39: Revenue from Brand Panel (PC) Continues to Increase
Revenue from “Brand Panel”(PC) Continues to Increase Revenue share of rich ad in total “Brand Panel” revenue was 28%. +2% Average unit price increased by starting to offer rich ad in January. '12/4-6 '13/4-6 39 Revenue from Brand Panel (PC)
Slide 40: Monetization Efficiency Can Be Further Improved with Advanced Products
Monetization Efficiency Can Be Further Improved with Advanced Products (Utilization of Big Data and Rich Ad) and Sales Efforts 40
Slide 41: Other Premium Advertising Not Favorable
“Other Premium Advertising” * Not Favorable *“Prime Display” (non-top page), “Brand Panel” on smartphones, etc. Increase in sell-through-rate may result in growth in revenue. Brand Panel for Others Prime Display smartphones 41
Slide 42: Using Premium Advertising Space for YDN (from August)
To Maximize Revenue, We Will Start Using Premium Advertising Space for YDN (from August) 42
Slide 43: Advertising Space Will Be Better Monetized with YDN
Advertising Space Will Be Better Monetized with YDN ・ Expecting an increase in sell-through-rate ・ Will control to maintain the unit price on popular pages ・ Will encourage advertisers to use “Smartphone Site Builder” to set up optimized pages, and increase the number of advertisers on smartphones 4
Slide 44: Revenue from YDN Increased Dramatically
Similar to Previous Quarter, Revenue from YDN in FY2013-1Q Increased Dramatically 2.7 times '12/4-6 '13/4-6 44 Revenue from YDN
Slide 45: Paid Search Advertising
Paid Search Advertising 45
Slide 46: Revenue from Sponsored Search Continues to Grow
Revenue from “Sponsored Search” Continues to Grow 1.2倍 +13% '12/4-6 '13/4-6 46 Revenue from Sponsored Search
Slide 47: Premium Search Display
Premium Search Display Display Advertising appearing on the search result pages Appeals to users interested in services or products through mass media advertising 1.2倍 Premium Search Display 47
Slide 48: Consumer Business
Consumer Business 48
Slide 49: e-Commerce Is Important as Part of our Revenue, Yet Slower Growing
e-Commerce Is Important as Part of our Revenue, Yet Slower Growing e-Commerce 17% Membership Services 12% FY2012 Total Revenue 49 ¥ 342.9 billion
Slide 50: Consumer Company Split into Two Units
Consumer Company Split into Two Units to Further Strengthen Each Business To re-accelerate business growth, Consumer Company was split into two companies, thus each can focus on own business: Consumer Business Company Shopping Company 50 YAFUOKU! Company
Slide 51: Shopping
Shopping 51
Slide 52: Shopping-related Transaction Value Remained Flat on YoY basis
Shopping-related Transaction Value Remained Flat on YoY basis (¥ 100 million) 800 Total -10 (¥100M) 600 -1.4% 400 746 Decided transaction value to 735 be the most important KPI going forward 200 0 '12/4-6 '13/4-6 52
Slide 53: Increase Number of Stores by Tie-Ups and Expand Transaction Value
Increase Number of Stores by Tie-Ups and Expand Transaction Value ・ GMO Commerce, Inc. (Jan. 2013~) Tie-up in inviting new stores to Yahoo! Shopping ・ DeNA (Mar. 2013~) Offered special plan to open stores both on DeNA Shopping and Yahoo! Shopping. Tie-up in consulting service after the launch '12/4-
Slide 54: LOHACO
LOHACO
Slide 55: Aiming to Expand Transaction Value
Aiming to Expand Transaction Value (¥ 100 million) 120 ・ Transaction Value 100 exceeded ¥2.0 billion. 80 (FY ended May 2013) ・ Targeted transaction 60 value for FY ending 40 May 2014 is 20 ¥10 billion. 0 '12/10-'13/5 '13/6-'14/5 Actual Projected LOHACO Transaction Value 55
Slide 56: Three Measures to Achieve Goal of ¥10 billion
Three Measures to Achieve Goal of ¥10 billion ① Customer Acquisition ② Product Line ③ Distribution 56
Slide 57: Customer Acquisition Leveraging Strength of Yahoo! JAPAN
Customer Acquisition Leveraging Strength of Yahoo! JAPAN ・ Exposures on Yahoo! JAPAN will lead many potential buyers to LOHACO site. ・ High repeating rate (20% of the buyers repeat purchasing in the following month) Exposures on Yahoo! JAPAN top page led users to LOHACO site '12/10 '12/11 '12/12 '13
Slide 58: Double the Number of Products
Double the Number of Products ・ Aim to expand product line from 30,000 SKU to 70,000 SKU for same day or next day delivery. Planning to increase up to 50,000 by August ・ Planning to offer basic items and private brand items at reasonable price ・ Started to offer pharmaceutical products, pet supply i
Slide 59: Enhancing Distribution Function with New Warehouse
Enhancing Distribution Function with New Warehouse Planning to start operating “ASKUL Logi PARK Greater Tokyo” (in Saitama Pref.) at the end of July 59
Slide 60: Started Yahoo! Logistics
Started Yahoo! Logistics Logistics service for Yahoo! Shopping stores (Started from July 19th) Business Stream Receive Order Order Keep & Yahoo! Logistics Distribute Distribution Center Data 出店者 Stores 購入者 Buyers Delivery Info, / Dispatching Orders Distri- Yahoo! Shopping Yahoo! Logistics bute store
Slide 61: YAFUOKU!
YAFUOKU! 61
Slide 62: Auction Transaction Value Recovering
Auction Transaction Value Recovering (¥100 million) 1,600 Total +65 (¥100M) 1,200 +4.0% Achieved 2 consecutive 1,667 1,733 800 quarter YoY Growth after an interval of 5 quarters 400 0 '12/4-6 '13/4-6 62
Slide 63: Continue to Improve Various Functions of YAFUOKU!
Continue to Improve Various Functions of YAFUOKU! 1) Improvement of usability for smartphone apps 2) Improvement of usability of interface for smarphone browsers 3) Enhancement for longer staying time and higher retention rate 4) Enhancement of search quality 63
Slide 64: Continue Conducting Promotion Activities for YAFUOKU!
Continue Conducting Promotion Activities for YAFUOKU! Opened “Re-use Stand” in YAFUOKU! Dome Contacted to one million people visiting the dome to watch baseball games 64
Slide 65: Premium Membership
Premium Membership 65
Slide 66: Number of Premium Member IDs Reached 9.31 million
Number of Premium Member IDs Reached 9.31 million (10 thousand IDs) Strong increase in registration 950 via Softbank Mobile 931 900 850 800 750 700 '10/6 '11/6 '12/6 '13/6 66
Slide 67: Settlement & Finance / Other Businesses
Settlement & Finance Other Businesses 67
Slide 68: Number of Yahoo! Wallet Accounts: 24.6 million
Number of Active User IDs : 27 million Number of Yahoo! Wallet Accounts: 24.6 million 68
Slide 69: T Point
T Point 69
Slide 70: Started Japan's Largest Point Service
Started Japan’s Largest Point Service Covering On-line and Off-line Market ・ “Yahoo! Point” was unified into “T Point”. ・ “T-ID” was integrated into “Yahoo! JAPAN ID”. Started Offering “T Point” ! 70
Slide 71: Number of Users are Expected to Increase by Integration
Number of Users are Expected to Increase by Integration Number of T Members*: 44.54 million (as of the end of March 2013) * Number of Active Unique Users Handled in 52,981 Stores (98 companies) 71
Slide 72: Growth Strategies and Progress - Summary
Growth Strategies and Progress - Summary The Most Smartphone Unexplored Only 1 Strategy Powerful Tag Growth Teams Frontier Initiatives Promotion Advertising Advertising Premium Advertising YJ Capital Project DEJIMA Shopping Bharti Group e-Commerce/ (India) Membership services Premium Others Finance
Slide 73: Illegal Access to Yahoo! JAPAN Servers in May
Illegal Access to Yahoo! JAPAN Servers in May ・ There is a possibility that a maximum of 22 million IDs were leaked. ・ Within the above, 1.49 million IDs might have accompanied their non-invertible coded password and some of the information needed to re-settle the password. 73
Slide 74: Security Enhancement After the Illegal Access
Security Enhancement After the Illegal Access 1. Tighten authorization process for servers 2. Strengthen countermeasures for malware 3. Stricter log monitoring 4. Educate employees to focus on security issues 74
Slide 75: Supplemental Information
Supplemental Information P. 76 Quarterly Business Results P. 90 Quarterly Business Data P. 92 Organization, Personnel and Affiliated Companies 75
Slide 76: FY2013-1Q Statements of Income
FY2013-1Q Statements of Income 2012-1Q 2013-1Q Change Revenue (¥100M) 775 923 19.0 % Cost of Sales (¥100M) 72 116 60.5 % Gross Profit (¥100M) 703 806 14.7 % SG&A (¥100M) 281 319 13.7 % Operating Income (¥100M) 421 486 15.4 % Ordinary Income (¥100M) 427 490 14.6 % Quarterly Net Income (¥100M) 250 322
Slide 77: FY2013-1Q Performance Breakdown by Business Segment
FY2013-1Q Performance Breakdown by Business Segment (¥ 100M) Cost of Operating Ordinary Operating Ordinary Revenue Revenue Breakdown SG&A Sales Income Income Margin Margin Advertising-related 484 Marketing Corporate services, etc. 97 Solutions 632 Information listing 29 122 175 333 335 52.8% 53.1% B
Slide 78: FY2013-1Q Business Segment Breakdown
FY2013-1Q Business Segment Breakdown Marketing Solutions Business Advertising-related: Promotion advertising (paid search advertising, interest-based advertising) Premium advertising (banner, text, e-mail, and video) Corporate Services and Others: Data Center-related, Affiliate-related, Automobile-r
Slide 79: Change in Internal Classifications of Disclosed Business Segments (Planned)
Change in Internal Classifications of Disclosed Business Segments (Planned) Commencing with the second quarter of the fiscal year ending March 2014, the Yahoo Japan group plans to change the revenue classifications of disclosed business segments to bring them in line with internal management criteri
Slide 80: Performance Breakdown by Business Segment (New Classifications)
FY2013-1Q Performance Breakdown by Business Segment (New Classifications) (¥ 100M) Cost of Operating Ordinary Operating Ordinary Revenue Revenue Breakdown SG&A Sales Income Income Margin Margin Advertising 486 Marketing Business Services 110 Solutions 632 Personal Services 29 122 175 333 335 52.8% 5
Slide 81: Business Segment Breakdown (New Classifications)
Business Segment Breakdown (New Classifications) Marketing Solutions Business Advertising: Promotion advertising (paid search advertising, interest-based advertising) Premium advertising (banner, text, e-mail, and video) Business Services: Data Center-related, Affiliate-related, Yahoo! Real Estate,
Slide 82: Quarterly SG&A Breakdown
Quarterly SG&A Breakdown (¥ 100M) Major Factors for YoY Changes Composition QoQ YoY Number of employees reached 12/1Q 12/4Q 13/1Q Ratio Change Change 6,134, up 610 persons (11.0%) Personnel Expenses 91 115 106 33.3% -8.1% 15.9% Business Commissions 38 36 38 12.1% 6.8% 1.1% Sales Promotion Costs 27 3
Slide 83: FY2013-1Q Balance Sheets
FY2013-1Q Balance Sheets Increase/ Major Factors for Major Items 2012/6/30 2013/6/30 (¥ 100M) Decrease Increase/Decrease Assets Cash from operating activities and Current Assets 4,085 5,630 1,544 collection of receivables from sales of shares Cash and Cash Equivalents 2,151 3,957 1,806 of BB Mobile
Slide 84: FY2013-1Q Cash Flow Statements
FY2013-1Q Cash Flow Statements FY2013-1Q (¥ 100M) Major Items (Apr. - Jun. 2013) Major Factors for Changes Operating Activities 89 Quarterly Net Income before Income Taxes 529 Increase in quarterly net income before income taxes Depreciation Expenses 32 Amortization of Goodwill 14 Gain-Loss on Sale
Slide 85: FY2013-1Q Highlights – Marketing Solutions Business (1)
FY2013-1Q Highlights – Marketing Solutions Business (1) Promotion advertising (Paid search advertising [Sponsored Search] and interest-based advertising [Yahoo! Display Ad Network](YDN) ) - Promotion adverting revenue rose 21.7% from the first quarter last year, supported by substantial growth in pa
Slide 86: FY2013-1Q Highlights – Marketing Solutions Business (2)
FY2013-1Q Highlights – Marketing Solutions Business (2) Corporate services-related revenue - IDC Frontier Inc.’s revenue expanded year on year, supported by greater use of its cloud computing service by game-related companies. - Revenue increased year on year due to consolidation of ValueCommerce Co
Slide 87: FY2013-1Q Highlights – Consumer Business
FY2013-1Q Highlights – Consumer Business e-commerce-related revenue (YAFUOKU!, Yahoo! Shopping) - The overall transaction value of YAFUOKU! expanded year on year because of such factors as greater demand for high unit price items prompted by the recovery in the Japanese economy and the upgrading of
Slide 88: Promotion Advertising Revenue by Industry
Promotion Advertising Revenue by Industry Industries with large year-on-year increase Industries with large year-on-year decrease Finance/Insurance/Securities Fashion/Accessories Cosmetics/Toiletries/Health Foods and Appliances Transportation/Leisure 12/1Q 2Q 3Q 4Q 13/1Q Finance/Insurance/Se
Slide 89: Premium Advertising Revenue by Industry
Premium Advertising Revenue by Industry Industries with large year-on-year increase Industries with large year-on-year decrease Foodstuffs Mobile Communications Service Beverages/Cigarettes Cosmetics/Toiletries Computers and Accessories/Office Equipment Transportation/Leisure 12/1Q 2Q 3Q
Slide 90: Quarterly Business Data (1)
Quarterly Business Data (1) Indicator (Quarterly average) 2012/1Q 2013/1Q Number of total monthly page views (millions) 51,429 53,622 Number of total monthly smartphone page views (millions)(1) 7,525 13,934 Number of Daily UBs (Unique Browsers)(millions)(2) 51.63 59.40 Number of smartphone Daily UBs
Slide 91: Quarterly Business Data (2)
Quarterly Business Data (2) Indicator (Quarterly total) 2012/1Q 2013/1Q Transaction value of YAFUOKU! (100 millions of yen) 1,667 1,733 Transaction value of shopping-related (100 millions of yen) 746 735 Transaction value of YAFUOKU! and shopping-related (100 millions of yen) 2,413 2,468 Transaction
Slide 92: Organization Chart of Yahoo Japan Corporation
As of July 1, 2013 Organization Chart of Yahoo Japan Corporation Board of Board of Auditors Directors President & CEO CSO * CSO ** COO CEO Office Media Services Marketing Solutions Shopping Company Central Services System Management Company 861 Company 1,210 309 Company 274 Group 572 Risk Management
Slide 93: Number of Directors and Employees
Number of Directors and Employees (Number of People) (at the End of Quarter) 6,000 5,000 4,000 3,000 2,000 1,000 0 10/6 10/9 10/12 11/3 11/6 11/9 11/12 12/3 12/6 12/9 12/12 13/3 13/6 Directors and Auditors of 24 24 17 17 18 18 18 18 14 20 31 35 30 Subsidiaries Employees of 1,238 1,177 1,142 1,164 1,
Slide 94: Consolidated Subsidiaries and Companies Accounted for by the Equity Method
Consolidated Subsidiaries and Companies Accounted for by the Equity Method (as of June 30, 2013) •Major consolidated subsidiaries at the end of FY2013-1Q Carview Corporation Community Factory Inc. Crocos, Inc. CyberAgent FX, Inc. Firstserver, Inc GyaO CORPORATION IDC Frontier Inc. In
Slide 95: Yahoo Japan Group IR information
Yahoo Japan Group IR information is available at : http://ir.yahoo.co.jp/en/ 95