Koei Tecmo Holdings Co., Ltd. · TSE:3635
Koei Tecmo — FY2013 Earnings Presentation
29 slides from Koei Tecmo's earnings presentation, May 13, 2014
Slide 1: Fiscal Year Ending March 2014 Financial Results
Fiscal Year Ending March 2014 Financial Results
Slide 2: Financial Summary (FY2013)
Financial Summary (FY2013) Profit increased for the fourth consecutive year ! Achieved all-time high financial results !! (Units:Millions of Yen) FY2012 FY2013 YoY Change Amount Ratio Amount Ratio Amount Ratio Sales 34,639 100.0% 37,576 100.0% 2,937 8.5% Operating 6,208 17.9% 7,140 19.0% 932 15.0% P
Slide 3: Major Titles and Events (FY2013)
Major Titles and Events(FY2013) Development 3
Slide 4: Sales and Operating Profit by Business Segment (FY2013)
Sales and Operating Profit by Business Segment (FY2013) FY2013 (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 25,441 6,423 2,071 2,278 1,796 448 38,460 884 37,576 Operating P
Slide 5: Net Sales by Region (FY2013)
Net Sales by Region (FY2013) (Units: Millions of Yen) FY2012 FY2013 YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 28,942 83.6% 31,311 83.3% 2,369 8.2% Overseas 5,697 16.4% 6,265 16.7% 568 10.0% North America 2,585 7.5% 2,610 6.9% 25 1.0% Europe 1,664 4.8% 1,726 4.6% 62 3.7% Asia 1,448
Slide 6: Sales Units by Region (FY2013)
Sales Units by Region (FY2013) (Thousands of Units) FY2012 FY2013 YoY Change Area Units Ratio Units Ratio Units Ratio Japan 3,595 54.6% 3,730 57.2% 135 3.8% Overseas 2,990 45.4% 2,795 42.8% 195 6.5% North America 1,635 24.8% 1,210 18.5% 425 26.0% Europe 860 13.1% 835 12.8% 25 2.9% Asia 495 7.5% 750
Slide 7: Major Expenses, Capital Expenditure and Depreciation Expenses (FY2013)
Major Expenses, Capital Expenditure and Depreciation Expenses (FY2013) Capital Expenditure and Sales Ratio Depreciation Expenses Millions of Yen Depreciation COG 70 2500 Expenses SG&A Capital 59.8% Expenditure Operating Profit 60 57.0% Ratio 2000 1,862 50 Improved 2.8 points 1500 40 Increased 1.7 po
Slide 8: Consolidated Plan (Fiscal Year Ending March 31, 2015)
TECMO KOEI HOLDINGS CO.,LTD. Consolidated Plan (Fiscal Year Ending March 31, 2015) 8
Slide 9: Financial Summary (Plan FY2014)
Financial Summary (Plan FY2014) (Units:Millions of Yen) FY2013 FY2014 YoY Change Amount Ratio Amount Ratio Amount Ratio Sales 37,576 100.0% 38,000 100.0% 424 1.1% Operating 7,140 19.0% 8,000 21.1% 860 12.0% Profit Ordinary 10,728 28.6% 11,000 28.9% 272 2.5% Profit Net Income 6,936 18.5% 7,000 18.4%
Slide 10: Sales and Operating Profit by Business Segment (Plan FY2014)
Sales and Operating Profit by Business Segment (Plan FY2014) FY2014 (Units:Millions of Yen) Game Online & Media & Pachislot & Amusement Corporate & Consolidated Others Total Software Mobile Rights Pachinko Facilities Elimination Total Sales 25,500 7,000 2,200 2,000 1,800 500 39,000 1,000 38,000 Oper
Slide 11: Net Sales by Region (Plan FY2014)
Net Sales by Region (Plan FY2014) (Units: Millions of Yen) FY2013 FY2014 YoY Change Area Amount Ratio Amount Ratio Amount Ratio Japan 31,311 83.3% 31,400 82.6% 89 0.3% Overseas 6,265 16.7% 6,600 17.4% 335 5.3% North America 2,610 6.9% 2,700 7.1% 90 3.4% Europe 1,726 4.6% 1,900 5.0% 174 10.1% Asia 1,
Slide 12: Sales Units by Region (Plan FY2014)
Sales Units by Region (Plan FY2014) (Thousands of Units) FY2013 FY2014 YoY Change Area Units Ratio Units Ratio Units Ratio Japan 3,730 57.2% 4,320 69.0% 590 15.8% Overseas 2,795 42.8% 1,940 31.0% 855 30.6% North America 1,210 18.5% 1,030 16.5% 180 14.9% Europe 835 12.8% 550 8.8% 285 34.1% Asia 750 1
Slide 13: Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2014)
Major Expenses, Capital Expenditure and Depreciation Expenses (Plan FY2014) Capital Expenditure and Sales Ratio Depreciation Expenses Millions of Yen Depreciation COG 60 2,500 Expenses SG&A Capital Expenditure Operating Profit 50 57.0% 55.6% Ratio 2,000 1,862 Improved 1.4 points 40 1,500 Improved 0.
Slide 14: Tecmo Koei Group Management Policy & Strategy
Tecmo Koei Group Management Policy & Strategy 14
Slide 15: Sales and Operating Profit Trend
Profit increase for the fourth consecutive year. Achieved the highest sales and profit ever! (Millions of Yen) Achieved “IP Creation and Expansion”!! (Millions of Yen) 40,000 10,000 Sales Operating Profit 37,500 8,000 Operating Profit 35,000 6,000 Sales 32,500 4,000 30,000 2,000 27,500 25,500 0 FY20
Slide 16: Further IP Creation and Expansion
Management Policy FY2014 Further IP Creation and Expansion In order to achieve growth and profitability, aim for integrated progress focused on IP through the creation of new IP and expansion into multi areas. Multi-platform Expansion into many genres Tie-ups Collaborative efforts Animation Comics T
Slide 17: Further IP creation and Expansion
Further IP creation and Expansion 17
Slide 18: Further IP creation and Expansion
Further IP creation and Expansion • Strengthened IP through IP expansion centered on animation • Expanded business through synergy between Game and Animation 18
Slide 19: Priority Policy-1 Make a big hit in smartphone games!
Priority Policy-1 Make a big hit in smartphone games! Strongly promoted “IP Creation and Expansion” in the smartphone market! 19
Slide 20: Priority Policy-2 Promote and succeed at new and major collaboration
Priority Policy-2 Promote and success at New and Major collaboration “Hyrule Warriros”(temp.) Wii U Scheduled for release on 2014 Summer in JAPAN Prepare for another major collaborative title in the second half !! 20
Slide 21: Priority Policy-3 To achieve long-term growth and profitability
Priority Policy-3 To achieve long-term growth and profitability With controlling profitability from series titles, strengthening long and mid- term activities in all business segments under the idea of “Further IP Creation and Expansion” Multi-platform Creation Expansion into many genres Tie -ups Ex
Slide 22: Prepare to achieve long-term growth and profitability
Prepare to achieve long-term growth and profitability • Expand into the Asian market for Smartphone / Browser games Beginning with “Uncharted waters V”, release titles successively into the Asian market, including China and Taiwan • Prepare collaborative titles for Western market Collaborative title
Slide 23: Achieving growth and profitability
Achieving growth and profitability • Extension of series titles and collaborative titles • Support new platform PS4 “WARRIORS OROCHI3 Ultimate” Xbox One • Expansion of download business “DEAD OR ALIVE 5 Ultimate” Free to Play over 1million downloads! • Promote multi-platform 23
Slide 24: Achieving growth and profitability: own platform
Achieving growth and profitability • Promote our own platform Ten thousands 90 80 Over 500,000 Users 70 60 50 40 30 20 10 0 March March March 2012 2013 2014 Expanded contents to various internal and external platforms and achieved growth and profitability 24
Slide 25: Cost reduction / Business efficiency
Cost reduction / Business efficiency Expenses to Sales Ratio COG Ratio 70 Net SG&A Ratio Operating Profit Ratio 60 62.0% 59.8% Compare with FY2011 50 57.0% 55.6% Improve 6.4 points 40 Compare with FY2011 30 Improve 4.9 points 17.2% 19.0% 21.1% 17.9% 20 Compare with FY2011 Improve 1.2 points 10 16.2%
Slide 26: Foreign currency rate of Investment Assets
Foreign currency rate of Investment Assets Foreign currency rate of Investment Assets Foreign currency Yen 100 80 80% 70% 60 65% 60% 40 50% 20 0 FY2011 FY2012 FY2013 FY2014(Plan) Future In consideration of the underlying weak yen trend and the contribution of financial income, the schedule of reduci
Slide 27: Toward high growth and profitability
Toward high growth and profitability Sales / Operating Profit / Ordinary Profit Ratio (%) Ordinary Profit Ratio 30 25.5% 28.6% 28.9% Sales Operating Profit 25 Ordinary Profit 21.0% 20 Ordinary Profit / Ordinary Prof it (Millions of Yen) (Millions of Yen) 50,000 20,000 40,000 15,000 Sales 30,000 10,0
Slide 28: Toward high growth and profitability: Dividend Policy
Toward high growth and profitability Dividend Policy 50% payout ratio or dividend of 50 yen Dividend / Net Income Dividend Yen Net Income Millions of Yen 80 10,000 Dividend 70 Net Income 8,000 60 50 6,000 40 Yen 41 Yen 40 33 Yen 4,000 30 27 Yen 20 2,000 10 0 0 FY2011 FY2012 FY2013 FY2014(Plan) Aim t
Slide 29: Forward-looking statements disclaimer
This document contains statements regarding future objectives, beliefs and current expectations of TECMO KOEI HOLDINGS CO., LTD. with respect to its financial results. Such statements imply risks and uncertainties and no guarantee of future performance. ※The Other company name, product name, logo ma