Happinet Corporation · TSE:7552
Happinet — FY2015 Earnings Presentation
36 slides from Happinet's earnings presentation, 2016
Slide 1: Happinet Corporation
HAPPINET CORPORATION Stock Listing :Tokyo Stock Exchange Code Number :7552
Slide 2: Table of Contents
目次 of Contents Table FY2015 Results Summary 2 FY2015 Financial Results 9 FY2016 Group- Group-Wide Main Policy 19 FY2016 Measures for the Distribution Business 21 FY2016 Measures for the Contents Business 26 FY2016 F Full Full- ll-Year Y P j ti Projection 31 Information related to Share Price 34
Slide 3: Happinet
Happinet
Slide 4: FY2015 Results Summary
目次 FY2015 Results Summary (¥ million) illi ) 217,232 187,274 -13.8 5,056 3,450 -31.8 5,124 3,497 -31.8 4,049 2,359 -41.7 3
Slide 5: FY2015 Results Summary: Toy Business
FY2015 Results Summary Toy Business Net sales Segment g income (millions of yen) ■ FY2015 Results Summary 93,270 Compared to the previous fiscal year, net sales hovered at a low level due to a lack of major hit products during the year--end sales season, which is the greatest sales year 76,821 76,87
Slide 6: FY2015 Results Summary: Visual and Music Business
目次 Results Summary FY2015 Visual and Music Business Net sales Segment income (millions of yen) ■ FY2015 Results Summary In an environment where the package market remains sluggish as a whole due to effects of the distribution of software via the Internet, net sales of the Group in this 42,955 43,372
Slide 7: FY2015 Results Summary: Video-Game Business
目次 Results Summary FY2015 Video--Game Business Video Net sales Segment income (millions of yen) ■ FY2015 Results Summary 63,609 In the face of the stagnation of the package market as a whole due p primarily y to the p popularity p y of software distribution 56 448 56,448 and smartphone games, net sa
Slide 8: FY2015 Results Summary: Amusement Business
目次 Results Summary FY2015 Amusement Business Net sales Segment income (millions of yen) ■ FY2015 Results Summary 23,481 24,140 22,023 Despite efforts to actively promote new measures, such as th marketing the k ti off capsulel ttoys att eventt sites, it both b th nett sales l and segment income decr
Slide 9: Capital and Business Alliance with Broccoli Co., Ltd.
目次 Results Summary FY2015 I November In N b 2015, 2015 H Happinet i tCCorporation ti fformed d a capital it l and dbbusiness i alliance lli with Broccoli Co., Ltd. and subscribed to the private placement. Through the integration of the contents development capabilities and contents of B Broccoli li
Slide 10: Happinet
appinet
Slide 11: Financial Highlights
目次 Notes: 1. Consolidated sales figures do not include consumption tax. 2. A stock split in which two shares were issued for each outstanding common share on December 1, 2011 was carried o out. ut. Therefore,, supposing that the stock split was carried out at the beginning of the period of the Fisca
Slide 12: Consolidated Statements of Income
Net sales Cost of sales Gross profit SG&A expenses logistics cost Personnel Depreciation Operating income Non-operating income interest and dividends income Other Non-operating expenses interest expenses Other Ordinary income Extraordinary income Extraordinary losses Income before income taxes and m
Slide 13: Net Sales and Segment Income
目次 Net sales (¥ million,%) , ) Segment income (¥ million,%) 12
Slide 14: Main Business Summary
目次 Main business summary Toy business (¥ billion billion,%) ,%) Visual and Music business (¥ billion billion,%) ,%) 13
Slide 15: Sales of Video Game Platform
目次 Sales of video game platform (¥ billion billion,%) ,%) Breakdown of Nintendo sales (¥ billion billion,%) ,%) 14
Slide 16: Breakdown of PlayStation Sales
目次 Breakdown of Play Station sales (¥ billion billion,%) ,%) 15
Slide 17: Consolidated Balance Sheet: Assets
(¥ million) Cash and deposits 15,867 Notes and accounts receivable - trade 25,682 | Inventories 6,746 Advance patments-trade 4,390 | Deferred tax assets 4,315 Other 1448 Allowance for doubtfulaccounts — =-14. currentasses «52,449. Property, plant and equipment Buildings and structures Land Other Int
Slide 18: Consolidated Balance Sheet: Liabilities and Net Assets
(¥ million) FY2014 FY2015 Change (Liabilities) Notes and accounts payable-trade Accounts payable-other Income taxes payable Provision for bonuses Other Total deffered tax liability Provision for retirement benefits Other Total Total liabilities (Net assets) Capital stock Capital surplus Retained ear
Slide 19: Consolidated Cash Flows
(¥ million) FY2015 Change Income before income taxes and minority interests 4,508 3,538 -970 Depreciation and amortization —_ > | Impairment loss Advantage of negative goodwill Decrease (increase) in notes and accounts receivable-trade — -=1,579 2,783 4,362 Decrease (increase) in inventories — 7 Inc
Slide 20: Happinet
appinet 19
Slide 21: FY2016 Group-Wide Main Policy
目次 Group- FY2016 Group-Wide Main Policy Combine all the employees’ spirit of challenge and achieve the creation of a new growth stage. stage. Basic policy for each business Distribution Business - Strengthen proposal capabilities of the points of sales, sales and seek to expand and improve products
Slide 22: Happinet
appinet 21
Slide 23: FY2016 Measures for the Distribution Business: Toy
FY2016 Measures for the Distribution Business Toy Business Happinet’s measures Expansion of Happinet’s exclusive distribution Expansion of major characters and products and Happinet’s planned products. satellite stores Enhancement of proposal capabilities of the points of sales and expansion of prod
Slide 24: FY2016 Measures for the Distribution Business: Visual and Music
目次 Measures for the Distribution Business FY2016 Visual and Music Business Happinet’s measures Expansion of market share Win Happinet’s exclusive titles in a wide Conduct sales activities on the behalf of video range of categories manufacturers and commissioned distribution <Foreign films and dramas
Slide 25: FY2016 Measures for the Distribution Business: Video-Game
目次 Measures for the Distribution Business FY2016 Video--Game Business Video Happinet’s measures Strengthen g Happinet’s pp exclusive distribution Hot p products for the current fiscal year y products [3DS] Yokai Watch 3 Sushi/Tempura Strengthen cooperation with each manufacturer and increase shares
Slide 26: FY2016 Measures for the Distribution Business: Amusement
目次 Measures for the Distribution Business FY2016 Amusement Business Happinet’s measures Creation of good locations Development of Happinet’s Rebuild the sales structure with the original i i l products d t aim i off achieving hi i lowl costt operation ti - Strengthen operations for an entire shoppin
Slide 27: Happinet
Happinet 26
Slide 28: FY2016 Measures for the Contents Business: Visual and Music
目次 Measures for the Contents Business FY2016 Visual and Music Business Happinet’s managed titles Focus on Happinet’s managed titles, particularly anime films The most recent work by the production company which made SF swashbuckler with two heroines who can transform themselves! GIRLS und PANZER An
Slide 29: Managed Titles to Be Released in Current Fiscal Year
⽬次 Measures for the Contents Business FY2016 Visual and Music Business Happinet’s managed titles Happinet’s managed titles to be released in the Current Fiscal Year Himeanole The Sea of Trees Original author: Minoru Furuya Original author: Gus Van Sant Director: Keisuke Yoshida Cast: Matthew McConau
Slide 30: FY2016 Measures for the Contents Business: Game
目次 Measures for the Contents Business FY2016 Game Business Noteworthy products for the current fiscal year and Happinet’s measures New items for fashion Model illustrations are coordination are delivered every delivered every month. month. Setting up contents (distribution and management) ©Nao Maita
Slide 31: FY2016 Measures for the Contents Business: Toy
⽬次 Measures for the Contents Business FY2016 Toy Business Products to be launched by Happinet Strengthen existing category products Ouchi de Kantan! Minna de Ice (To be launched in June 2016) 4 980 yen (excluding tax) 4,980 tax) A product jointly developed with a home appliance manufacturer! Everyon
Slide 32: Happinet
“Happinet 31
Slide 33: FY2016 Full-Year Projection
目次 FY2016 Full Full--Year Projection (¥ million) illi ) 187,274 190,000 1.5 4,000 15.9 4,000 14.4 2,600 10.2 32
Slide 34: FY2016 Projection by Business Segment
目次 FY2016 Full Full--Year Projection Sales projection by business segment (¥ million) Income projection by business segment (¥ million) 33
Slide 35: Information Related to Share Price
目次 Information Related to Share Price Unit: 1000 shares 2500 16000 14000 2000 12000 10000 1500 HN売買⾼（株） HN sales amount 8000 (shares) （※TOPIX現値） (*Topix current value) 1000 6000 HN終値 HN final value 4000 500 2000 0 0 2011.04 2012.04 2013.04 2014.04 2015.04 2016.04 FY2011 FY2012 FY2013 FY2014 FY2015 P
Slide 36: Shareholders Return
目次 to Shareholders Return Ch Change in i the th annuall dividends di id d per share h (¥) Interim dividends Year-end dividends Memorial dividends 30.00 30.00 28.50 27.50 24.75 5.00 22.50 15.00 15.00 15.00 13 50 13.50 15.00 11.25 11.25 7.50 13.50 15.00 15.00 11.25 11.25 11.25 7.50 2011.3 2012.3 2013.