Toei Animation Co., Ltd. · TSE:4816
Toei Animation — H1 FY2024.3 Earnings Presentation
24 slides from Toei Animation's earnings presentation, November 2023
Slide 1: Financial Results Supplementary Material
Financial Results Supplementary Material For Fiscal Year Ending March 31, 2024 (April 1, 2023 to March 31, 2024) Toei Animation Co., Ltd.
Slide 2: Contents
CONTENTS 01. Financial Results for Second Quarter Ended September 30, 2023 02. Outlook for FY2024.3 03. Future Business Prospects
Slide 3: 01. Financial Results for Second Quarter Ended September 30, 2023
01.Financial Results for Second Quarter Ended
Slide 4: Financial Results Summary
Financial Results Summary Sales renewed record high in the first half of the year. Operating income reached the second highest level following the previous year, when major movie titles were released. In addition to continued strong performance in the Sales of Goods Business, sales of domestic a
Slide 5: Year-on-Year Changes
Ye a r - o n - Ye a r C h a n g e s Net sales saw continued strong performance in the Sales of Goods Business despite a significant decline in revenues in the Film Business due to a reactionary decline of the strong sales of the major movie titles released in the same period of the previous fiscal
Slide 6: FY2024.3 2Q Results Segment Breakdown
FY2024.3 2Q Results Segment Breakdown Film segment saw significant decreases in revenues and income due to the recording of losses on evaluation of a large portion of inventories related to 「Knights of the Zodiac The Beginning.」, in addition to a reactionary decline from strong sales of the major
Slide 7: FY2024.3 2Q Results Segment Analysis (1) Film
FY2024.3 2Q Results Segment Analysis (1) Film FY23/3. 2Q FY24/03. 2Q Film（ 3.7％ year on year） (Million Yen) Results Results • In the Movies segment, revenues decreased significantly due to the reactionary decline following sales of the Net Sales 42,450 46,184 movies 「Dragon Ball Super: SUPER HERO｣ a
Slide 8: Trends in Film Overseas
Tr e n d s i n F i l m O ve r s e a s Sales of theatrical screening rights of the movie「 THE FIRST SLAM DUNK 」for Asia were strong despite a reactionary decline in sales of theatrical screening rights of the movie 「Dragon Ball Super: SUPER HERO｣ released in the same period of the previous year.
Slide 9: Film Business: Topics
F i l m B u s i n e s s : To p i c s 「THE FIRST SLAM DUNK」 「Precure All Stars F the Movie」 ・Show ended August 31st ・Screening is currently in progress from September 15th. ・Box-office revenue in Japan exceeded ¥15.7 billion ・Box-office revenue in Japan exceeded ¥1.3 billion ・Ranked all-time No. 13 b
Slide 10: FY2024.3 2Q Results Segment Analysis (2) Licensing, Sales of Goods, Others
FY2024.3 2Q Results Segment Analysis (2) Licensing, Sales of Goods, Others Licensing（ 5.7％ year on year） FY23.3 2Q FY24.3 2Q (Million Yen) Results Results • In domestic licensing, revenues declined as sales of game development rights for “DRAGON BALL” series did Net Sales 42,450 46,184 not reach the
Slide 11: Trends in Domestic Licensing
Tr e n d s i n D o m e s t i c L i c e n s i n g Revenues declined, as sales of game development rights for “DRAGON BALL” series did not reach the momentum of the same period of the previous year. “ONE PIECE” continued to enjoy a ripple effect despite a reactionary decline from the campaign for
Slide 12: Trends in Overseas Licensing
Tr e n d s i n O ve r s e a s L i c e n s i n g S a l e s o f m e r c h a n d i s i n g r i g h t s o f “ O N E P I E C E ” p e r f o r m e d s t r o n g l y, particularly in North America and Europe, due to increased recognition gained through exposure expansion measures over multiple years and t
Slide 13: Licensing, Sales of Goods, Others Businesses: Topics
L i c e n s i n g , S a l e s o f G o o d s , O t h e r s B u s i n e s s e s : To p i c s Domestic Licensing Overseas Licensing Sales of Goods ONE PIECE Bounty Rush ONE PIECE Apparel THE FIRST SLAM DUNK official merchandise ONE PIECE Card Game Booster Pack ONE PIECE Figure Mugiwara Store (Ikebukuro
Slide 14: FY2024.3 2Q Results Review
FY2024.3 2Q Results Review Sales renewed record high in the first half of the year due to continued strong performance in the Sales of Goods Business, sales of domestic and overseas online distribution rights. Achieved results exceeding the forecast at the beginning of the fiscal year despite th
Slide 15: Balance Sheet Digest
Balance Sheet Digest The decrease in finished works is mainly due to the recording of losses on evaluation of a large portion of inventories of “Knights of the Zodiac The Beginning ,” which resulted in a small balance. “Other” of the current assets increased mainly due to an increase in fair val
Slide 16: 02. Outlook for FY2024.3
02. Outlook for FY2024.3
Slide 17: FY2024.3 Revision of Earnings Estimates - Consolidated
FY2024.3 Revision of Earnings Estimates - Consolidated In the first half of this fiscal year, sales of domestic online distribution rights and merchandising rights, as well as in Sales of Goods Business performed strongly, exceeding the initial forecast, due to the continued ripple effect of the m
Slide 18: 03. Future Business Prospects
03. Future Business Prospects
Slide 19: Future Business Prospects
Future Business Prospects Responding to global growth IP expanding strategy Plan, produce, and develop diverse original (Trillion Yen) Sales of Animation Market in Japan and Overseas 3.0 projects in Japan and overseas Global animation market 2.0 30.7 trillion yen *1 1.0 Local production for Japanese
Slide 20: Title Portfolio
Title Portfolio FY2023～FY2026 Overseas market ２ 1 About 13 ・ハリウッド向け大型企画 ・Large IP projects titles Reinvestment About 16 titles ・Large-scale projects targeting Hollywood ・High-end CG projects ・リバイバル大型企画 ・TV/movie projects of profits ・Large-scale revival projects ・You Tube projects Existing New/Librar
Slide 21: Initiatives for medium- to long-term growth (work development)
Initiatives for medium- to long-term growth (work development) Activation of existing IPs Creating new IPs/ Library IPs Works from Hollywood-type business Works from business with Local production for local consumption Works for FY2023 ｢Spicy Candy｣ ｢Precure Allstars-f｣ ｢Power of Hope First project
Slide 22: Engagement
IP expanding strategy Actively promote film development to acquire a fan base. Increase the number of customer contact points through multifaceted development of merchandising, etc. Increased recognition through film development will spread to the Licensing Business, bringing about the benefits
Slide 23: Dividends
Dividends Implementation of financial policy focused on balancing a robust financial foundation, investments in new businesses, and returns to investors. For FY2024.3, it plans to decide the dividend reflecting the earnings status. Year-end dividend FY2023.3 FY2024.3 To be comprehensively 155 ye
Slide 24: Precautions regarding outlook
[Precautions regarding outlook] The contents described in this material are based on judgments and assumptions made with reference to information available as of the time of writing. The Company does not warrant that estimated figures, strategies or measures will necessarily be achieved. © I.T.PLANN