Avex Inc. TSE:7860

Avex : Q1 Results of March 2023

Published

Source: MarketScreener

Avex Inc.

Earnings Results for FY 2022 Q1 (Fiscal year ending March 31th, 2023)

August 4th, 2022

Table of Contents

■ Financial Highlights

Financial Highlights

Financial Highlights: Net Sales Results by Segment

Financial Highlights: Operating Income Results by Segment

■ Consolidated Results

Consolidated Income Statement

Consolidated Balance Sheet

Consolidated Cash Flow Statement

■ Results by Segment

Music Business

Anime & Visual Content Business

Digital Platform Business

Other Businesses

  • Regarding the FY 2022 Consolidated Earnings Guidance
  • [Reference] Highlights of FY 2022 Q1 and from FY 2022 Q2 Highlights of FY 2022 Q1
    Highlights from FY 2022 Q2

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©2022 Avex Inc.

1

Financial Highlights

©2022 Avex Inc.

2

Financial Highlights

Net Sales and Operating Income both increased primarily

due to an increase in sales of Music Business

Consolidated financial results

(billion yen)

FY 2021 Q1

FY 2022 Q1

YoY

rate

Net Sales

19.4

28.4

+9.0

+46.6%

Operating Income

0.2

2.2

+2.0

+772.1%

Net Income Attributable

0.0

1.6

+1.6

－

to Owners of Parent

©2022 Avex Inc.

3

Financial Highlights - Net Sales Results by Segment

Net Sales increased by 9 billion yen (+46.6%) YoY primarily due to increase in numbers of Live Concerts, number of sales in Music Packages for Music Business and a Major International Event

Net Sales by Segment

(billion yen)

FY 2021 Q1

FY 2022 Q1

YoY

rate

Music

12.7

18.1

+5.4

+42.7%

Anime

2.4

3.4

+1.0

+40.8%

& Visual Content

Digital Platform

5.3

6.5

+1.1

+21.9%

Others

1.8

3.6

+1.8

+102.3%

Adjustment

-2.9

-3.3

-0.4

－

Total

19.4

28.4

+9.0

+46.6%

©2022 Avex Inc.

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