Broadmedia Corporation · TSE:4347
Broadmedia — FY2019 Earnings Presentation
44 slides from Broadmedia's earnings presentation, May 15, 2020
Slide 1: Summary of Financial Results for the Fiscal Year Ended March 31, 2020
Summary of Financial Results for the Fiscal Year Ended March 31, 2020 Broadmedia Corporation May 15, 2020 The statements contained here indicate the Company’s current plans, expectations, strategies, and beliefs. Any statements that are not historical facts are forward-looking statements regarding f
Slide 2: Topics
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 2 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 3: Consolidated Financial Results for FY2019
Consolidated Financial Results for FY2019 (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Financial Forecasts Achievement FY 2018 FY 2019 Difference （announced on Oct. 30) ratio Revenue 11,123 11,506 383 12,000 96% Operating income 167 505 337 450 113% Ordinary income 203 62
Slide 4: Changes in Quarterly Operating Income
Changes in Quarterly Operating Income 1Q 2Q 3Q 4Q Actual results in FY2018 505 Cumulative totals in FY2018 376 450 （forecast） Actual results in FY2019 Cumulative totals in FY2019 (forecast) 174 201 167 129 135 128 139 35 (67) (30) 31 (97) (Unit：Million yen) Operating income rose year on year in the
Slide 5: Changes in Annual Operating Income
Changes in Annual Operating Income FY 2016 FY 2017 FY 2018 FY 2019 700 Revenue 12,000 11,506 600 Operating income 11,123 11,500 500 10,800 11,000 10,413 400 505 10,500 300 10,000 ＋３３７ 200 9,500 100 167 9,000 41 88 0 8,500 (Unit：Million yen) Both revenue and operating income rose. Operating income in
Slide 6: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 7: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) ＋２８％ 162 292 130 ＋１６２％ Studio 2,27
Slide 8: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 9: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 10: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 11: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 12: Consolidated Financial Results by Business Segment
Consolidated Financial Results by Business Segment (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue Operating income FY 2018 FY 2019 Difference FY 2018 FY 2019 Difference Content 2,477 3,180 702 146 385 238 Broadcast 2,901 2,802 (99) 162 292 130 Studio 2,270 2,404 133
Slide 13: Consolidated Financial Position
Consolidated Financial Position Condition of assets, liabilities, （Unit : Million yen) and net assets Rate of FY 2018 FY 2019 Difference difference Total assets 6,557 7,408 851 13% Liabilities 3,554 3,856 302 9% Net assets 3,003 3,552 548 18% Shareholders’ equity 2,333 2,693 360 15% Stock acquisitio
Slide 14: Consolidated Financial Position: Cash Flow
Consolidated Financial Position Condition of Cash flow FY 2018 FY 2019 Operating cash flow 407 1,991 Investing cash flow (4) (256) Financing cash flow (149) (235) Changes in cash and cash equivalents 252 1,501 Year-end balance of cash and cash equivalents 1,869 3,374 (Unit：Million yen) (Amounts are
Slide 15: Topics
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 15 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 16: Consolidated Financial Forecasts
Consolidated Financial Forecasts Financial forecasts for the fiscal year ending March 31, 2021 are difficult to reasonably estimate at this point in time and are undetermined. Main points of the forecasts (i) In educational services, both revenue and income are expected to increase year on year due
Slide 17: Topics
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 17 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 18: Progress of Management Integration
Progress of Management Integration As of April 1, 2020, the absorption-type merger of 6 wholly owned subsidiaries was completed. Broadmedia Corporation Network Sales 51%-owned 100%-owned subsidiaries subsidiary Contest Studio Technology Broadcast ルネサンス・アカデミー Cloud Gaming Educational Entertainment Pr
Slide 19: New Reporting Segments
New Reporting Segments ・ The reporting segments have changed from the first quarter of the fiscal year ending March 31, 2021. ・ B2C services and digital services are included in all segments. 【5 previous segments】 【4 new segments】 Name of segment Business Outline Name of segment Business Outline Edu
Slide 20: Topics
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 20 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 21: Shareholder Return
Shareholder Return Dividends Although business performance is recovering, earned surplus was in negative territory. No year-end dividends will thus be paid for FY 2019. Next Steps To achieve shareholder returns as soon as possible, earned surplus needs to be in positive territory. The Company is
Slide 22: Achieving Shareholder Returns as Soon as Possible (i)
Achieving Shareholder Returns as Soon as Possible Considering reducing capital without compensation (i) Change in equity capital as effects of the merger (generation of extraordinary income of 1.7 billion yen) Breakdown of non-consolidated equity Breakdown of non-consolidated equity capital on Mar
Slide 23: Achieving Shareholder Returns as Soon as Possible (ii)
Achieving Shareholder Returns as Soon as Possible Considering reducing capital without compensation (ii) Change in equity capital as effects of the merger (generation of extraordinary income of 1.7 billion yen) It is possible to reduce capital without compensation by up to the absolute value of
Slide 24: Achieving Shareholder Returns as Soon as Possible (ii)
Achieving Shareholder Returns as Soon as Possible Considering reducing capital without compensation (ii) Change in equity capital as effects of the merger (generation of extraordinary income of 1.7 billion yen) It is possible to reduce capital without compensation by up to the absolute value of
Slide 25: The 24th Ordinary General Meeting of Shareholders
The 24th Ordinary General Meeting of Shareholders Postponement of ordinary shareholders’ meeting Settling accounts is delayed, and it is difficult to hold the ordinary general meeting of shareholders by the end of June. The Company has set a new record date of the voting rights for the ordinary
Slide 26: Topics
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 26 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 27: Technology: Cloud gaming on d game service
Technology (Cloud gaming business) March 2020, Launch of cloud games on NTT DOCOMO, INC.’s d game™ service ～ Providing cloud gaming for the 5G era ～ 27 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 28: Education: E-sports alliance with NTT West
Education (Renaissance High School Group) February 2020, Formed a business alliance in e-sports with the Kansai Regional Headquarters of NTT West, aiming to create optimum e-sports environments and revitalize local communities. ＆ Merged into Broadmedia Corporation on April 1, 2020 We aim to enhance
Slide 29: Education: Alliance with Titan Co. Ltd.
Education (Renaissance High School Group) April 2020, Renaissance High School Group formed an alliance with Titan Co. Ltd. Comedy duo Bakushomondai belongs to the company. Started to recruit students on May 1. “Taitan’s school” will help students make their dreams come true. ＆ https://www.r-ac.jp/sc
Slide 30: Education: Enhanced Online Course System for eSports Curriculum
Education (Renaissance High School Group) April 2020, Enhanced Online Course System for eSports Curriculum Dedicated eSports classrooms are established on the Shinjuku-Yoyogi and Umeda eSports Campuses. https://www.r-ac.jp/special/ Delivering free video and other content under 30 the slogan "Stay Ho
Slide 31: Broadcast: VOD service dedicated to fishing
Broadcast April 22, 2020 VOD service dedicated to fishing Watch popular programs on smartphones, tablets, and PCs 24 hours a day, anywhere. As much as you want and As much as you want with the You can watch more than 5,000 whenever you device of your choice videos. want Around 100 videos will be add
Slide 32: Establishment of Broadmedia eSports Corporation
ｅＳｐｏｒｔｓ (Content & Technology) Establishment of Broadmedia eSports Corporation March 2020 Completed the acquisition of “CYCLOPS athlete gaming”, a professional eSports team https://www.broadmediaesports.co.jp/ We aim to cultivate eSports-related businesses by creating synergies with educational serv
Slide 33: eSports: May 2020
ｅＳｐｏｒｔｓ May 2020 CYCLOPS athlete gaming won first prize in an APAC region charity e-sports event of Gamers Without Borders. The charity prize pool of the winner (US$250,000) was donated to Direct Relief, an organization that is helping in the 33 fight against the Covid-19 coronavirus. © 2020 Broadme
Slide 34: Studio: Film Voices in the Wind
Studio - Theatrical Distribution - The latest film directed by Nobuhiro Suwa Film Voices in the Wind special advance release via VOD from April 24 Fri, 2020 also held Crank in! Video Campaign, "Let's enjoy at home!" ©2020 映画「風の電話」製作委員会 https://video.crank-in.net/ 34 © 2020 Broadmedia Corporation. Al
Slide 35: Thank you for your attention.
Thank you for your attention. The statements contained here indicate the Company’s current plans, expectations, strategies, and beliefs. Any statements that are not historical facts are forward-looking statements regarding future business performance. This document contains forecasts determined by t
Slide 36: Reference Documents
Summary of Financial Results for FY2019 Financial Forecasts for FY2020 Management Integration and New Reporting Segments Shareholder Return Topics [Reference Documents] ・ Results by Business Segment 36 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 37: Results by Business Segment – Content
Consolidated Financial Results by Business Segment – Content – Revenue Operating income FY2018 FY2019 FY2018 FY2019 3Q 3Q Difference 3Q 3Q Difference Content 1,768 2,237 469 34 202 167 (Unit：Million yen) (Amounts are rounded down to the nearest million yen) In educational services, both revenue and
Slide 38: Results by Business Segment – Broadcast
Consolidated Financial Results by Business Segment – Broadcast – Revenue Operating income FY2018 FY2019 FY2018 FY2019 3Q 3Q Difference 3Q 3Q Difference Broadcast 2,192 2,098 (94) 147 230 82 (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Revenue decreased due to a downward t
Slide 39: Results by Business Segment – Studio
Consolidated Financial Results by Business Segment – Studio – Revenue Operating income FY2018 FY2019 FY2018 FY2019 3Q 3Q Difference 3Q 3Q Difference Studio 1,669 1,820 150 (31) (64) (32) (Unit：Million yen) (Amounts are rounded down to the nearest million yen) In the production business, both revenue
Slide 40: Results by Business Segment – Technology
Consolidated Financial Results by Business Segment – Technology – Revenue Operating income FY2018 FY2019 FY2018 FY2019 3Q 3Q Difference 3Q 3Q Difference Technology 1,934 2,162 227 321 370 49 (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Both revenue and operating income in
Slide 41: Results by Business Segment – Network Sales
Consolidated Financial Results by Business Segment – Network Sales – Revenue Operating income FY2018 FY2019 FY2018 FY2019 3Q 3Q Difference 3Q 3Q Difference Network Sales 735 115 (620) 24 (15) (39) (Unit：Million yen) (Amounts are rounded down to the nearest million yen) Sales (sales through agents) o
Slide 42: Results by Business Segment – Corporate expenses
Consolidated Financial Results by Business Segment – Corporate expenses – Operating income FY2018 FY2019 3Q 3Q Difference Corporate (463) (346) 117 expenses (Unit：Million yen) (Amounts are rounded down to the nearest million yen) The results reflect expenses to bolster compliance and the implementat
Slide 43: Corporate Philosophy
Corporate Philosophy We contribute to communities through quality content and services produced by human creativity. 43 © 2020 Broadmedia Corporation. All Rights Reserved.
Slide 44: https://www.broadmedia.co.jp/
https://www.broadmedia.co.jp/ The statements contained here indicate the Company’s current plans, expectations, strategies, and beliefs. Any statements that are not historical facts are forward-looking statements regarding future business performance. This document contains forecasts determined by t