Septeni Holdings Co., Ltd. · TSE:4293
Septeni — Q2 FY2019 Earnings Presentation
55 slides from Septeni's earnings presentation, Apr 26, 2019
Slide 1: Septeni Holdings FY2019 Q2 Earnings Presentation
~ SEPTENI 20195 9A HA be 2 ERA RAS BRSHEAF—o-eR-WF AVIA 2019 426A www.septeni-holdings.co.jp
Slide 2: Notes on IFRS and Non-GAAP operating profit
2016年９月期より、従来の日本基準に替えてIFRSを適用しております。 従来の「売上高」は参考情報として任意開示とする一方、IFRSに基づく指標として「収益」を開示しております。 ネットマーケティング事業の大半を占める広告代理販売における収益は、マージン部分のみの純額計上となります。 事業の実態をより適切に表現するため、「Non-GAAP営業利益」を任意で開示しております。 Non-GAAP営業利益とは、IFRSに基づく営業利益から、減損損失、固定資産の売却損益等の一時的要因を調整した恒常的な事業の業績を測る利益指標です。 本資料の数値は、単位未満を四捨五入して表示しております。 従来より各
Slide 3: 01 FY2019 Q2 consolidated results
O1 2019/98} 1 2Qsat Hemi RRS
Slide 4: FY2019 Q2 (Jan-Mar) revenue
RB Fy2010/20 Rit (10-3A) RBI “3 SEPTENI UN dt 8.366455 ( wise rime ) Non-GAAP #® #4 #% 1.02257F ( seem )
Slide 5: FY2019 Q2 (Jan-Mar) Non-GAAP operating profit
FEM Fy2019/20R it (10-3A) iRBNT 1b “3 SEPTENI UN 2 7.67855 ( sosemimte ) Non-GAAPE:# lz 2.486855 ( meme oxi ) A-HA-~YIRMRIMA, BAZ V—-TFLORED2Q“D 5h
Slide 6: FY2019 Q2 (Jan-Mar) profit attributable to owners
PA Fy20190/20R it (10-3A) ABT ITE “3 SEPTENI UN 2 84385F (mmm ) Non-GAAP #® ##il zs —-51455 ( siseerm )
Slide 7: Consolidated income statement
8,366 100.0% +4.9% 7,976 100.0% 17,200 48.6% 6,952 83.1% +3.1% 6,741 84.5% ― ― 5,949 71.1% +3.7% 5,735 71.9% ― ― 1,022 12.2% +0.4% 1,018 12.8% 2,000 51.1% 971 11.6% -3.8% 1,009 12.7% ― ― 357 4.3% -52.7% 754 9.5% 1,300 27.4% 39,073 ― +3.8% 37,643 ― 77,000 50.7%
Slide 8: Operating profit change factors
2,700 2,700 1,200 5,000 5,000 1,200 -300 -300 0 -1,800 0 -1,800
Slide 9: 02 Net marketing business
O02 + em RARZ
Slide 10: Net marketing business results
4,290 100.0% +8.7% 3,948 100.0% 3,550 82.8% +7.7% 3,297 83.5% 3,001 70.0% +0.3% 2,993 75.8% 563 13.1% +78.4% 316 8.0% 563 13.1% +78.9% 315 8.0% 122 2.8% -38.7% 199 5.0% 19,730 ― +4.0% 18,978 ―
Slide 11: Net marketing quarterly trend
4,250 24.5% 3,750 19.5% 3,250 2,750 14.5% 2,250 9.5% 1,750 1,250 4.5% 750 -0.5% 250 -250 -5.5%
Slide 12: Net marketing revenue by category
651 684 679 673 740 +9.9% +13.7% 205 256 237 273 286 +4.8% +39.4% 235 205 199 95 143 +51.0% -39.1% 210 223 243 306 311 +1.7% +47.7% 2,993 3,047 2,912 2,947 3,001 +1.8% +0.3% 1,883 2,065 1,965 1,934 1,895 -2.1% +0.7% ― ― ― ― 173 ― ― 345 355 355 344 343 -0.3% -0.5% 271 172 155 221 167 -24.4% -38.3% 49
Slide 13: Net marketing revenue trend
3,000 2,500 2,000 1,500 1,000 500 0
Slide 14: 03 Media content business
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Slide 15: Media content business results
3,944 100.0% +6.7% 3,695 100.0% 3,386 85.9% +6.9% 3,168 85.8% 2,147 54.4% +7.7% 1,993 53.9% 1,244 31.5% +5.3% 1,182 32.0% 19,491 ― +2.7% 18,986 ―
Slide 16: Media content business quarterly trend
BN tv bve-771 778k DEMME sit SEPTENI ms 25 mmm Non-GAAP2#7ilz = (Hifi > AAA) rer BRABE (HI) —e BRNBE (HMA EMRARS HC) GE EMRARS(RY hY—-TF 4 Y THR) A-HA-AVICOKE MA. BA7IV-TFED SIE HE) eH 3.481 RY 3,734 MO) RASH & ERR Lc FS LSE 3Q FY2018 | FY2019
Slide 17: Media content business overview
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Slide 18: Media content KPI chart
14% 0 12% 0 10% 0 8% 6% 0 4% 0 2% 0 0%
Slide 19: Media content KPI chart
20% 35.0 18% 30.0 16% 25.0 14% 12% 20.0 10% 15.0 8% 6% ： 10.0 4% ： 5.0 2% 0.0 0%
Slide 20: Media content KPI chart
7.0% 12.0 6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 2.0% 4.0 1.0% 2.0 0.0% 0.0
Slide 21: Slide 21
Slide 22: Other businesses results
427 100.0% +30.4% 328 100.0% 246 57.6% +22.7% 201 61.2% 469 109.8% -7.3% 506 154.5% -223 — +83 -305 —
Slide 23: Quarterly trend of other businesses
Ed ces ravry ee meme SHR SEPTENI EReS "Non-GAAPE R72 (att: AAA) GANMAI@ De LE WarBA kW, Ky FIT vORRY EGE 2Q 3Q 4Q | 10 FY2018 FY2019
Slide 24: GANMA! downloads and ARPU
Bl ev Fa FLY BR GANMALOIRE TI (HIB) “8 SEPTENI | REtDL& : 1200754 | G GANMA! [:sssegenetss gam [ ARPVE : 32.71ePV ] ‘IFORTPYF IYI & (201954 3.A RES A) [zzsg33s7777- b \/ (ck BRIIY pages INF A4-VYABS IC — ma. TI NBS HIRAIVTY a viMae CORAL & ABT ~FY2017 FY 2018 FY2019~
Slide 25: GANMA! downloads trend
25 eae ES PTY ISEB “5 SEPTENI 3K2016/ 1QO IN# @100& L THREE | 1,259 1,213 1,162 ll Fv2018 «| Fv2019. FIyYKBEOD (AR & PT) ues OHS HN QonQ@ : +15.0% Yony : +17.3%
Slide 26: GANMA! ARPU trend
BY vo wavs ly BR ARPURE “8 SEPTENI —®ARPU* (FX) 3.3 1-FHE"Y WRY I 5A = 28 0 | an 6A 9A wa | 3A | 2018 | 2019 | * ARPUDER : VYHAYT YY BROME (KS. RR, IPMRGE) MAU
Slide 27: GANMA! quarterly metrics
VYHAVYFYIBE tI2IV7Fy av Wes “8 SEPTENI XX FY2017/ 1QO WH &100€ L TH ELIE PIYUNPYTIF—b . B FH D 5 WAM HES De RS AM OWMRV 6m HO m ble £ ') , HIRIVTY ava aie on 2Q FY2018 FY201 * AER EC RR] CLC
Slide 28: 05 Full-year forecast
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Slide 29: FY2019 consolidated forecast
El earaicns see (BH) “it SEPTENI (Hit: FA) BR Wes 8,366 17,200 48.6% Non-GAAP cana er sry 1,022 2,000 51.1% RSMAS iS iS MAF 357 1399 97.5% Wet. Non-GAAP S 3x4 at ld Se PAB oF L IIB a BCP ITEM — TORAERIAN £4) BAAR BSR
Slide 30: Forecast by segment
cece +e e ce RAPIST SBR (7 Xv ball) see SEPTENI RYBV-TFAVIBR AF 4PAVIFVIBE (att : BPS) Des 843 2,250 2H 50.2% SH 37.5% Non-GAAP Non-GAAP ee Hat eee las BH 55.2% BR 79.1%
Slide 31: Notes on forward-looking statements
※各種数値の過去推移につきましては、次ページ以降の補足資料に記載しておりますので、併せてご参照ください。 このプレゼンテーション資料に記載された弊社の将来に関する意見や予測及び計画は、2019年４月26日現在の弊社の判断であり、その正確性を保証するものではありません。 世界情勢の変動に関わるリスクやその他様々な不確定要因により、実際の業績が記載の予測と大きく異なる可能性があります。
Slide 32: Appendix
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Slide 33: Septeni Group business overview
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Slide 34: Septeni Group business domains
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Slide 35: Net marketing revenue by quarter
. . oeece Ber betes (tb 7xXv bill) ee SEPTENI BRYIKV-TI4VIRR BXF4PAYVTVIBR (Mi: BAA) 19,343 19.721 18.448 18,820 18.350 18,665 18,978 8.107 16,757 16,693 2 18,910} 18,413 18,682 16,986 17,961 6.794 16,548 , 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2017 FY2018 FY2019 METAY KMMBOBEIORREAML TIS LO, SHRMBO AH CB
Slide 36: Net marketing quarterly chart
4,450 25.0% 3,950 3,450 20.0% 2,950 15.0% 2,450 1,950 10.0% 1,450 5.0% 950 450 0.0% -50 -5.0% -550 -1,050 -10.0%
Slide 37: Net marketing revenue by category history
364 384 453 512 583 651 684 679 673 740 +9.9% +13.7% 133 137 169 175 191 205 256 237 273 286 +4.8% +39.4% 111 122 104 145 179 235 205 199 95 143 +51.0% -39.1% 120 125 180 192 214 210 223 243 306 311 +1.7% +47.7% 2,407 2,812 2,672 2,760 2,742 2,993 3,047 2,912 2,947 3,001 +1.8% +0.3% 1,605 1,615 1,73
Slide 38: Media content quarterly revenue
eecee Ey sec lmamenes ik! SEPTENI BAGH OHEB OB TO (Bi: FAA) 740 679 583 512 243 3m 214 364 384 192 125 EP 143 145 79 122 286 137 175 coe 27 | 4a 2a aa | 1a 2a 3a 4a 2a | | FY2017 FY2018 FY2019 |
Slide 39: Media content chart
3,000 2,500 2,000 1,500 1,000 500 0
Slide 40: Media content profit trend
EB) sy hv-77 177 ee DEMKS “iii SEPTENI am IL ES mmm Non-GAAPE #7 (Hil : AHA) BRB (THE) 3Q 1Q 2a FY2017 FY2018 FY2019
Slide 41: Media content KPI chart
14% 0 12% 0 10% 0 8% 6% 0 4% 0 2% 0 0%
Slide 42: Media content KPI chart
20% 35.0 30.0 15% 25.0 20.0 10% 15.0 10.0 5% 5.0 0.0 0%
Slide 43: Media content KPI chart
14.0 7.0% 12.0 6.0% 10.0 5.0% 8.0 4.0% 3.0% 6.0 2.0% 4.0 1.0% 2.0 0.0% 0.0
Slide 44: Other businesses profit trend
mee =Non-GAAPE lz (Mfr > AAA) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY2017 FY2018 FY2019 FaPAvsevySF# OMB “hi SEPTENI
Slide 45: GANMA! downloads history
Y #3 YTYIBR GANMA! REtDLEX > PVE o°° overe overe o*e*e ~ SEPTENI mm REtDL (7) 9 —e=PVEk (fB)
Slide 46: GANMA! quarterly downloads
| 46 PEP VFVIBE PT UMBHEB +e +o eee eooe ooe e ~ SEPTENI 3% 2016/ 1QO Iz &100& L THEIL 1,024 1,438 1,477 7 Ul 100 1Q U ry20%6. 2017 4Q 1,259 1,284 1,252 1,213 illl | | | | 4Q 1Q 2Q 19 e208 FY20
Slide 47: GANMA! ARPU history
VYHIYFYYBE GANMA! ARPUHE “8 SEPTENI 53.3 =@= ARPU* (FA) 12H 3A 6A 9A 125 3A 6A 9A 12A | 3A | 2016 2017 2018 2019 *ARPUDES > VYAAY TY YBROMM (KS. Re, IPMS E) /MAU
Slide 48: GANMA! quarterly metrics history
Bl vo ay FL YRS GANMALY IAI Ty 3 IB I SEPTENI 3 FY2017/ 1QMIR# £100 L THB BAL 1,570 1,134 964 675 551 «394 392 259 161 oe 1a 2a 3Q 4a | 1a 2a 3Q 4a | 1a 2a | FY2017 | FY2018 | FY2019
Slide 49: GANMA! chart
1,600 1,400 1,200 1,000 800 600 400 200 0
Slide 50: Company overview
Pees +e SEPTENI 20195 3A31B RE eee ° ee BARRETT —= - ROWT 4 IR REO 70 THRWTER fe eA RR MH GKEHB8-17-1 ERRHERBISY KAD 4293 (JASDAQ) — tva— RY RRR ERO RRMT SER — TERED ORRRH 19905510; 298 2.12584 CGR eS! 138,906,500%K (5 5 8 #kt10,724,2404) * Ee ee Be 1,343% (fA) 951,125% (EHR) 3X42. SEHBIP (Board Inc
Slide 51: Group companies
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Slide 52: Group services
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Slide 53: Media content business services
53 | XF4PAYF VIBE ECLYRAEFHW +e oe +e SEPTENI eee ° ooe [VYAIAYTYIYSR] Td, SHIPMAN) OTH - MRE BWKVYAROGRM - XE FOWUSCCEK, BRR LSAVPH WERE PDR ENE YAP TY [GANMAI] #BUXT 1 PELTHE. EOI. HANYF + —POLENKMMBERE LT. [RA] [e#eRm) [RR] CASS 77y h74-LHOSRSCRA VUAR ER + He Bam es XF 4 PAVFVIYBE am feante BSRZ
Slide 54: Consolidated statement of financial position
Ey sis o°° orere erere eee (Mit : AA) RES _PaERE 5 i ial a me 19569 HA 2075 2018569 HA HAR 26,615 6, 952 3 ar oeeseeseesseites _ 26,223 7,148 "33,371 2 BRHE+1,061 +392 : FO fit RE A682 PRR TRHMBS ATU SRRAI22 4196 | zo unemme +764 +196. 13, 518 ‘ 335 oeeseeseesseites 17,853 12,690 4, 981 : 17,641 | +
Slide 55: Consolidated cash flow
55 | i ACF “se SEPTENI 2019 9A: 20184 9A KA 2Q (10-3A) : 2Q (10-3A) (Bit : BF) BRBMRIC£S B65 ADE MAAS O Ft L +606 Fryyva-7oO- HONK k SRBBR+1371 RBGHIc£S A Mak HO RGA76 A180 Frvyvya-7oO- ARBEREORBA28 MERIC ES ABO RAAO4 Fryyva-7oO- BYSOXBWA25S A590 HE hUMShSwle : AT KSRRER HELURL A ( A824 HERVE WRB 14