Asahi Broadcasting Group Holdings Corporation · TSE:9405

Asahi Broadcasting — H1 FY2015 Earnings Presentation

41 slides from Asahi Broadcasting's earnings presentation, Nov 20, 2015

  1. Slide 1: Earnings Presentation for the Second Quarter (Cumulative) of Fiscal 2015

    Note: The following document is an English translation of the Japanese-language original. Asahi Broadcasting Corporation Earnings Presentation for the Second Quarter (Cumulative) of FISCAL 2015 (Fiscal Year Ending March 31, 2016） November 20, 2015 Securities Code：9405 ©ABC2015

  2. Slide 2: Outline of the Presentation

    ・Outline of the Presentation

  3. Slide 3: Outline of Financial Results for the 1st half of FY 2015

    Outline of Financial Results for the 1st half of FY 2015 1 ©ABC2015

  4. Slide 4: Forecasts for FY 2015

    Forecasts for FY 2015 2 ©ABC2015

  5. Slide 5: ABC Group “Growth Vision”

    ABC Group “Growth Vision” FY 2021 will be the ABC’s 70th anniversary Consolidated sales 100 billion yen Operating profit margin 8% 3 ©ABC2015

  6. Slide 6: Current Situation of “Growth Vision”

    Current Situation of “Growth Vision” Television Broadcasting New business Overseas development 4 ©ABC2015

  7. Slide 7: Financial Results and Forecasts of FY 2015

    ・Financial Results and Forecasts of FY 2015

  8. Slide 8: Consolidated Results – 1st half of FY 2015

    Consolidated Results – 1st half of FY 2015 （in million yen) Consolidated FY 2015 FY 2014 Growth % change Net sales 39,405 39,721 △315 △0.8％ Operating 1,063 1,695 △632 △37.3％ income Ordinary 1,300 1,815 △515 △28.4％ income Profit attributable to owners of 786 955 △169 △17.8％ parent 5 ©ABC2015

  9. Slide 9: Consolidated Net Sales in the Past Years

    Consolidated Net Sales in the Past 5 Years （in million yen） 1st half Full year 100,000 81,484 80,691 80,000 78,162 78,847 60,000 40,245 37,930 38,846 39,721 39,405 40,000 20,000 0 2011 2012 2013 2014 2015 （FY） 6 ©ABC2015

  10. Slide 10: Consolidated Operating Income in the Past Years

    Consolidated Operating Income in the Past 5 Years (in million yen) 1st half Full year 5,791 6,000 5,748 4,406 4,684 4,000 2,083 1,943 2,000 1,695 1,005 1,063 0 2011 2012 2013 2014 2015 （FY） 7 ©ABC2015

  11. Slide 11: Financial Results by Segment

    Financial Results by Segment 1st half of FY 2015 （in million yen） Net sales Operating income By segment FY 2015 FY 2014 %change FY 2015 FY 2014 % change Broadcasting 33,908 34,254 △1.0％ 507 1,100 △53.9% Housing 5,067 5,012 1.1％ 568 581 △2.4% Golf Club 429 455 △5.7％ △11 13 △189.8% Individual FY 2015

  12. Slide 12: Breakdown of Sales

    Breakdown of Sales 1st half of FY 2015 Others Radio Broadcasting ¥2.1 billion ¥1.4 billion TV programs sales Sales Breakdown ¥1.1 billion ¥31.5 billion TV Time sales revenue ¥ 10.2 billion TV Spot sales revenue ¥16.6 billion 9 ©ABC2015

  13. Slide 13: Television Broadcasting Business

    Television Broadcasting Business ＜Revenue＞ （in million yen） FY 2015 FY 2014 Growth % change (1st half) （2nd half) Television Broadcasting 27,989 29,023 △1,033 △3.6％ Business revenue Breakdown Time sales revenue 10,206 10,501 △295 △2.8％ Spot sales revenue 16,649 17,351 △701 △4.0％ Program sales revenu

  14. Slide 14: Background of the Results of TV Broadcasting Business: Spot Sales

    Background of the Results of TV Broadcasting Business 【Spot sales revenue of 1st half of FY 2015】 11 ©ABC2015

  15. Slide 15: TV Broadcasting Business Spot Sales Revenue (by Industry Sector)

    TV Broadcasting Business Spot Sales Revenue (by Industry Sector) Industry sector % change Shares (1st half of FY 2015) Alcoholic and other △9.7% 9.8% beverages Cosmetics and toiletries △6.1% 8.3% Automobile △14.1% 7.9% Communication △13.5% 7.8% Foods △12.9% 6.8% Drugs 0.2% 6.4% Confectionaries and d

  16. Slide 16: Background of the Results of TV Broadcasting Business: Time Sales

    Background of the Results of TV Broadcasting Business 【Time sales revenue（1st half of FY 2015）】 13 ©ABC2015

  17. Slide 17: Program Sales Revenue

    Program Sales Revenue Increase Decrease Decrease in total Paid by associated broadcasting companies for the program produced by ABC which are broadcasted on the national network 14 ©ABC2015

  18. Slide 18: TV Broadcasting Business【Program Expenses】

    TV Broadcasting Business【Program Expenses】 ＜Expenses＞ (in million yen) FY 2015 FY 2014 Increase % change (1st half ) (1st half) (Decrease) Television program 9,345 9,252 93 1.0％ expenses 15 ©ABC2015

  19. Slide 19: Radio Broadcasting Business

    Radio Broadcasting Business ＜Revenue＞ （in million yen） FY 2015 FY 2014 Increase % change (1st half） （1st half） (Decrease) Radio broadcasting 1,418 1,403 15 1.1％ Business revenue Major breakdowns Time sales revenue 750 674 76 11.3％ Spot sales revenue 510 585 △74 △12.8％ ＜Expenses＞ FY 2015 FY 2014 Incr

  20. Slide 20: Broadcasting Business 【Others】

    Broadcasting Business 【Others】 （in million yen） FY2015 FY 2014 Increase Sales Reason (1st half） (1st half) (Decrease) ・Since the number of contracts CS broadcasting of Sky-A increased, the 1,622 1,515 107 【Sky-A】 commission revenue from its broadcasting also increased Content related ・Decreased reve

  21. Slide 21: Housing Business

    Housing Business Net sales 5,067 million yen （1st half of FY 2015） + 1.1% yr/yr Operating income 568 million yen （1st half of FY 2015） - 2.4% yr/yr 11000 1600 1400 10000 1200 9000 1000 8000 800 600 7000 400 6000 200 5000 0 2011 2012 2013 2014 2015 売上 営業利益 Operating income 18 ©ABC2015

  22. Slide 22: Forecasts for FY 2015 (full-year)

    Forecasts for FY 2015 (full-year) (in million yen) Consolidated FY 2015 （forecast） FY 2014 % change Net Sales 79,700 80,691 △1.2％ Operating income 3,400 4,684 △27.4％ Ordinary income 3,700 4,830 △23.4％ Profit attributable to 2,100 2,203 △4.7％ owners of parent Non-consolidated FY 2015 （forecast） FY 20

  23. Slide 23: Forecasts of TV Broadcasting Business (Non-Consolidated)

    Forecasts of TV Broadcasting Business (Non-Consolidated) ＜Revenue＞ (in billion yen) FY 2015 2nd half Full Fiscal Year 1st half （forecast） (forecast） Revenue from TV broadcasting business 27.9 (△3.6%) 29.2 (△2.7%) 57.2 (△3.1%) Major revenues Time sales revenue 10.2 (△2.8%) 10.3 (△3.8%) 20.5 (△3.3%) S

  24. Slide 24: Capital Investments / Depreciation and amortization

    Capital Investments / Depreciation and amortization 1st half of FY 2015 (actual) FY 2015（forecast） Non- Non- Consolidated Consolidated consolidated consolidated Capital 1.5 billion 0.8 billion 4.4 billion 3.0 billion Investments Depreciation and 1.6 billion 1.4 billion 3.4 billion 2.8 billion amorti

  25. Slide 25: Television Viewer Ratings

    ・Television Viewer Ratings

  26. Slide 26: Television Viewer Ratings - 1st half of FY 2015

    Television Viewer Ratings -1st half of FY 2015 All-day Golden time Prime Prime 2 （6:00-24:00） （19:00-22:00） （19:00-23:00） （23:00-25:00） YTV YTV YTV ABC 1 8.5 12.4 12.5 8.3 ABC ABC ABC YTV 2 7.3 10.7 11.4 8.1 MBS MBS・NHK MBS MBS 3 7.2 10.2 10.3 6.0 KTV ‥‥‥ KTV KTV 4 6.8 ‥‥‥ 9.9 5.6 22 ©ABC2015

  27. Slide 27: Television Viewer Ratings

    Television Viewer Ratings All-day Golden time 2012 2013 2014 2015 2012 2013 2014 2015 Prime Prime ２ 2012 2013 2014 2015 2012 2013 2014 2015 23 ©ABC2015

  28. Slide 28: Highlights of TV Programs - 1st half of FY 2015

    Highlights of TV Programs - 1st half of FY 2015 Even after a new MC Iwamoto has taken over, this program is still able to maintain the co-top in the competitive broadcast time zone of the weekday morning, as “Morning face of Kansai”. After a new newscaster Urakawa has taken over in April, this progr

  29. Slide 29: Approaches to Increase TV Viewer Ratings

    Approaches to Increase TV Viewer Ratings 25 ©ABC2015

  30. Slide 30: Developments of New TV Programs

    Developments of New TV Programs Broadcasted during July to October 26 ©ABC2015

  31. Slide 31: ABC 65th Anniversary Project

    ABC 65th Anniversary Project 27 ©ABC2015

  32. Slide 32: ABC’s Growth Strategies

    ・ABC’s Growth Strategies

  33. Slide 33: ABC Group “Growth Vision”

    ABC Group “Growth Vision” FY 2021 will be the ABC’s 70th anniversary Consolidated sales 100 billion yen Operating profit margin 8% 28 ©ABC2015

  34. Slide 34: ABC’s Growth Strategies

    ABC’s Growth Strategies 29 ©ABC2015

  35. Slide 35: Setup of Corporate Venture Capital: 4 Major Goals

    ①：Setup of Corporate Venture Capital 4 major goals 2.Creation of new 1.Business synergies businesses 3.Contribution to the 4.Financial return Kansai region 30 ©ABC2015

  36. Slide 36: Setup of Corporate Venture Capital

    ①：Setup of Corporate Venture Capital Company name ABC DREAM VENTURES, Inc. Capital fund 1.2 billion yen Operational duration 10 years Investment stage Early~Later stage Send our staffs to conduct researches not only to Ad Technology and IoT in Japan, but also to Israel and Stanford University in Sil

  37. Slide 37: Collaboration of TV and Internet

    ②：Collaboration of TV and Internet The site will enable you to check the angle of baseball players on your smartphone and computer anytime! Moreover, the direction of the ball thrown by the pitcher will be explained in real-time. 32 ©ABC2015

  38. Slide 38: Active Effort on Overseas Development

    ③：Active Effort on Overseas Development China Format sales Program sales Taiwan Jointly develop programs Hong Kong with a production company Thailand in Thailand Vietnam Malaysia ・Sell programs and formats to Asian and European companies Indonesia Jointly develop In-bound ・Co-produce programs progra

  39. Slide 39: Expansion of Housing Business

    ④：Expansion of Housing Business 34 ©ABC2015

  40. Slide 40: Dividends

    Dividends (in yen) FY 2015 FY 2014 FY 2013 Interim dividend 9.0 6.0 6.0 Period-end dividend 9.0 12.0 10.0 (Incl. Special and （Forecast） （Special 4.0, （Special 4.0） Commemorative dividend) Commemorative 2.0） Annual dividend 18.0 18.0 16.0 （Forecast） 35 ©ABC2015

  41. Slide 41: Contact/Disclaimer

    Contact/Disclaimer This presentation is intended to provide information on our business etc., not to recommend the investment in our company. And, this presentation contains forecasts and the other forward-looking statements relating to the plans, outlook, targets, and forecasts of Asahi Broadcastin

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