Sky Perfect Jsat Corporation · TSE:9412
Sky Perfect Jsat — Q1 2022 Earnings Presentation
30 slides from Sky Perfect Jsat's earnings presentation, Aug 3, 2022
Slide 1: 1Q 2022 Presentation Material
Securities Code: 9412 SKY Perfect JSAT Holdings Inc. 1Q 2022 Presentation Material For the 3-month period ended June 30, 2022 August 3, 2022
Slide 2: Forward-looking Statements
Forward-looking Statements Statements about the SKY Perfect JSAT Group’s forecasts, strategies, management policies, and targets contained in this presentation that are not based on historical facts constitute forward-looking statements. These statements are based on management’s assumptions, plans,
Slide 3: Consolidated Financial Results
Consolidated Financial Results First Quarter of FY2022
Slide 4: Consolidated Earning Results for 1Q of FY2022
Consolidated Earning Results for 1Q of FY2022 Performance except for Net Income was equivalent level year-on-year, and almost in line with the plan against the FY2022 Forecast. Net Income decreased by disappearance of a reduction in tax expense (¥0.9B) due to dissolution of consolidated subsidia
Slide 5: Trends of Consolidated Financial Results by Quarter
Trends of Consolidated Financial Results by Quarter （FY2021/1Q – FY2022/1Q） Revenue Operating Income Net Income (in Millions of ¥) (in Millions of ¥) (in Millions of ¥) 35,000 6,000 5,000 5,551 30,000 28,806 5,000 4,033 4,000 25,000 4,000 20,000 3,000 3,000 15,000 2,000 2,000 10,000 1,000 1,000 5,00
Slide 6: Earnings Overview: Space Business
Earnings Overview: Space Business Revenue was almost the same level as in the same period of the previous year due to an increase in sales of Horizons 3e but a decrease in broadcasting transponder-related revenue. Profit increased due to a decrease in depreciation expenses and amortization. Majo
Slide 7: Earnings Overview: Media Business
Earnings Overview: Media Business FTTH business has continuously grown and contributed to revenue. Profit decreased due to a decline of revenue from decrease in cumulative subscribers, and an increase in advertising expenses. Revenue Operating Income Segment Profit* Major factors of change (YoY)
Slide 8: Topics: Initiatives for Future Growth
Topics ― Initiatives for Future Growth ―
Slide 9: Toward 2030: Investment scale will be ¥200 billion for new business field
Toward 2030 S P A C E Investment scale will be ¥200 billion for New business field S PA C E MEDIA Using new technology Driving new business and ¥50B ¥150B scale beyond viewing scale Expanding business field experience Universal NTN Satellite Connected TV Satellite Communi Optical Data Relay broad Me
Slide 10: Space Business Vision: Universal NTN Data Collection Network
Space Business Vision -Toward Realization of Society 5.0- S P A C E CYBER Intelligence Analysis processing Universal NTN Data transfer Analysis result GEO SPACE Digitization sensing Feedback Network LEO HAPS Data Collection Network Disaster anticipation Industrial revitalization PHYSICAL Improving t
Slide 11: Establish Space Compass Corporation
Establish Space Compass Corporation S P A C E Challenge of building new infrastructures in space with Space Compass Outline of new company Company name: Space Compass Corporation Establishment date: July 20, 2022 Location: Chiyoda-ku, Tokyo Capital: ¥18 billion* *The capital at the establi
Slide 12: Expansion of Satellite Communications Business
Expansion of Satellite Communications Business S P A C E Global & Mobile JCSAT-1C HTS Services in Indonesia We started collaboration with Teleglobal based in 調印式の写真を掲載予定 Jakarta to provide high-speed connectivity service across Indonesia from April 2022. Contributing to curb the digital divide
Slide 13: Media Business Growth Story
Media Business Growth Story M E D I A “Broadcasting＋Distribution＋Real” Connected TV Enhance the fan experience Dongle／Ad Platform Multi-channel／Basic services／Live・VOD Broadcasting Real Distribution Real Experience Fan Experience Live・VOD Event Niche content merchandise / Tour 2030 Segment FTTH Medi
Slide 14: Bundesliga 22/23 season
Bundesliga 22/23 season M E D I A Broadcasting＋Distribution＋Real (Event, Merchandise sales) Enhance the fan experience Bundesliga Japan Tour 2022 powered by SKY Perfect JSAT Eintracht Frankfurt, where legendary Makoto Hasebe has been playing in the Bundesliga for 16 years, will be invited to play
Slide 15: Creating Web 3-related business
Creating Web 3-related business M E D I A Aims to Open Up the Creator Economy Market through a Capital and Business Alliance with FRAME00. Wide range of assets Various products in the entertainment and services in business the Web 3 field FRAME00, Inc • Business • Knowledge Establishment: August 201
Slide 16: Promoting SPOOX
Promoting SPOOX M E D I A A diverse lineup of package menu to meet the various needs of fans Channels for fans of a specific genres 2.5D musical/stage SPORTS Hobby & Entertainment New Channel release from July 14, 2022 ¥550/month Reasonable plan for wide range of target Unlimited viewing plan wi
Slide 17: References
References 6 SKY Perfect JSAT Group
Slide 18: Satellite Fleet Update
Satellite Fleet Update A total of 16 satellites covering from North America to the Indian Ocean Horizons-1 (As of the end of June 2022) Horizons-2 (127°W) (85°E) * Scheduled start of operation at 74°W in October 2022 Horizons 3e JCSAT-85 (169°E) (85°E) Superbird-B3 (162°E) JCSAT-110R BS/CS Hybrid sa
Slide 19: Revenue Composition ratio in Space Business
Revenue Composition ratio in Space Business 100% 1% 3% 21% 22% 23% 25% 23% 21% 32% 31% 32% 26% 25% 30% 47% 47% 45% 45% 50% 51% 0% FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Domestic Broadcasting Global & Mobile New Business ※Excluding the impact of the sale of communications satellites to the Ministr
Slide 20: Trends of Quarterly Financial Results by Segment
Trends of Quarterly Financial Results by Segment Space Business * Including inter-segment transactions Revenue (in Millions of ¥) Operating Income Segment Profit * (in Millions of ¥) (in Millions of ¥) 20,000 5,000 4,000 4,128 13,841 4,000 2,938 15,000 3,000 3,000 10,000 2,000 2,000 5,000 1,000 1,00
Slide 21: Trends of Quarterly Financial Results by Segment
セグメント別 連結業績の推移(2018年度1Q Trends of Quarterly ～ 2019年度4Q) Financial Results by Segment (in Millions of ¥) FY2021 FY2022 1Q 2Q 3Q 4Q Total 1Q Revenue 29,078 29,311 30,046 31,196 119,632 28,806 Space 13,843 14,121 15,030 16,504 59,500 13,841 Media 17,896 17,811 17,557 17,181 70,447 17,463 Consolidated E
Slide 22: Consolidated Balance Sheet
Consolidated Balance Sheet Assets Liabilities and Net Assets Equity Ratio： 64.0% 63.6% (in Millions of ¥) (in Millions of ¥) 378,166 382,366 378,166 382,366 51,701 55,567 206,321 213,543 83,387 82,302 119,154 115,071 243,077 244,497 5,139 5,121 47,550 48,629 End of March End of June End of March End
Slide 23: Consolidated Cash Flows
Consolidated Cash Flows (in Millions of ¥) 1Q FY2021 1Q FY2022 Net Cash from Operating activities 8,169 23,130 Net Cash from Investing activities (3,192) (1,812) Free Cash Flows *1 4,977 21,318 Net Cash from Financing activities (6,295) (11,403) Cash and Cash Equivalents at Term-end(a) 72,069 96,094
Slide 24: Annual Target of Subscribers (FY2022)
Annual Target of Subscribers (FY2022) (in 10 Thousands) Annual Target 1Q FY2021 1Q FY2022 For FY2022 New Subscribers(IC cards or chips) 14.0 13.7 57.2 Net Increase (IC cards or chips) (0.9) (2.0) (9.5) - SKY PerfecTV! +1.0 (0.3) (0.5) - SKY PerfecTV! Premium Service (1.9) (1.5) (8.4) - SKY PerfecTV!
Slide 25: Number of New Subscribers (IC cards or chips)
Number of New Subscribers (IC cards or chips) ■ (in Thousands) 181 ■ 1 ■ 140 131 10 137 127 1 1 1 6 1 6 4 5 169 132 126 121 130 FY2021-1Q 2Q 3Q 4Q FY2022-1Q 25
Slide 26: Churn Rate (IC cards or chips)
Churn Rate (IC cards or chips) Churn rate * (Quarterly) Numbers of Churn Note: SKY PerfecTV! three services Total (in Thousands) 6.8% 5.3% 4.8% 4.8% 210 5.2% 165 149 148 157 FY2021-1Q 2Q 3Q 4Q FY2022-1Q * The churn rate is calculated by dividing the total number of cancellations for each quarter by
Slide 27: Average Monthly Contractor's Payment
Average Monthly Contractor’s Payment *1 3,347 3,345 3,316 3,293 3,340 （Yen） 2,969 2,967 2,938 2,915 2,962 378 378 378 378 378 FY2021-1Q FY2021/1Q 2Q 2Q 3Q 3Q 4Q 4Q FY2022-1Q FY2022/1Q 3,607 3,587 3,540 3,490 3,559 3,173 3,153 3,107 3,058 3,128 434 434 433 433 431 FY2021-1Q FY2021/1Q 2Q 2Q 3Q 4Q 4Q F
Slide 28: Total Subscribers Acquisition Cost (SAC)
Total Subscribers Acquisition Cost (SAC) (in Millions of ¥) 3,710 289 420 271 2,287 1,971 627 1,772 127 1,851 387 59 60 283 252 410 463 394 378 211 230 160 261 2,101 338 282 1,141 736 871 831 FY2021-1Q FY2021-2Q FY2021-3Q FY2021-4Q FY2022-1Q ■ Advertising expenses: advertising expenses for various m
Slide 29: Space for your Smile
Space for your Smile Toward a world where uncertainty turns to peace of mind, difficulty turns to ease, and interest turns to passion py SKY Perfect JSAT Group
Slide 30: SKY Perfect JSAT Group
* go? SKY Perfect JSAT Group
SKY Perfect JSAT Holdings — Q1 2022 Earnings Presentation on 6ix