Ekitan & Co., Ltd. · TSE:3646
Ekitan & — FY2023 Earnings Presentation
22 slides from Ekitan &'s earnings presentation, May 10, 2023
Slide 1: Supplementary Materials on Financial Results FY03/2023 (full-term)
Supplementary Materials on Financial Results FY03/2023 (full-term) May 10, 2023 EKITAN&Co., Ltd. TSE Growth: 3646 Copyright© 駅探. All Rights Reserved
Slide 2: Table of Contents
Table of Contents FY03/2023 (full-term) Section 1 FY03/2023 (full-term) P 3 Financial results overview - company-wide Section 2 FY03/2023 (full-term) P 9 Financial results overview - by segment Section 3 Performance forecasts for FY03/2024 P 19 Copyright© 駅探. All Rights Reserved 2
Slide 3: Section 1: Financial results overview (company-wide)
Section 1 FY03/2023 (full-term) Financial results overview (company-wide) Copyright© 駅探. All Rights Reserved 3
Slide 4: Higher revenues / Lower earnings
Highlights FY03/2023 (full-term) Higher revenues / Lower earnings Net sales EBITDA Operating profit (mil. yen) ＋10.9% –7.0% –24.3% (+/– % YoY) 3,206 319 296 2,891 138 105 FY03 FY03 FY03 FY03 FY03 FY03 2022 2023 2022 2023 2022 2023 Copyright© 駅探. All Rights Reserved 4
Slide 5: Higher revenues / Lower earnings (YoY)
Highlights FY03/2023 (full-term) Higher revenues / Lower earnings (YoY) Net sales 3,206 mil. yen +/– % +10.9％ +/– amount +314 mil. yen FY2022 2,891 mil. yen EBITDA 296 mil. yen +/– % –7.0％ +/– amount –22 mil. yen FY2022 319 mil. yen Operating profit 105 mil. yen +/– % –24.3％ +/– amount –33 mil. yen
Slide 6: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement FY03/2023 (full-term) Consolidated Profit and Loss Statement (YoY) FY03 FY03 +/– (mil. yen) Proportion Proportion +/– % 2022 2023 amount Net sales 2,891 100.0% 3,206 100.0% ＋10.9% ＋314 Cost of sales 1,910 66.0% 2,259 70.5% +18.2% +348 Gross profit 980 33.9% 946
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet FY03/2023 (full-term) Consolidated Balance Sheet (YoY) FY03 FY03 +/– FY03 FY03 +/– (mil. yen) 2022 2023 amount (mil. yen) 2022 2023 amount Total current liabilities 403 438 34 Total current assets 2,422 1,868 –554 Total non-current liabilities 298 226 –72 Property, plant a
Slide 8: Cash Flow Statement
Cash Flow Statement FY03/2023 (full-term) Cash Flow Statement FY03 FY03 +/– amount (mil. yen) 2022 2023 (YoY) Cash flows from operating activities 345 63 –282 Cash flows from investing activities –772 –265 506 Cash flows from financing activities –77 –452 –374 Increase (decrease) in cash and cash eq
Slide 9: Section 2: Financial results overview (by segment)
Section 2 FY03/2023 (full-term) Financial results overview (by segment) Copyright© 駅探. All Rights Reserved 9
Slide 10: Proportions of Advertisement Platform Business
Proportions by segment FY03/2023 (full-term) Proportions of Advertisement Platform Business Gradually breaking away from the business structure which has relied on Mobility Support (Transfer Information service) Net sales share increased by 6.8 points from 43.4% to 50.2%, exceeding half Advertisemen
Slide 11: Mobility Support Business
Mobility Support Business FY03/2023 (full-term) 全社 Revenues/earnings are as planned, but lower than FY2022 (YoY) Net sales 1,595 mil. yen +/– % –2.4％ +/– amount –39 mil. yen FY2022 1,635 mil. yen EBITDA 515 mil. yen +/– % –17.2％ +/– amount –106 mil. yen FY2022 622 mil. yen Segment profit 457 mil. ye
Slide 12: Advertisement Platform Business
Advertisement Platform Business FY03/2023 (full-term) Higher revenues and EBITDA; Less segment loss (YoY) Net sales 1,610 mil. yen +/– % +28.3％ +/– amount 354 mil. yen FY2022 1,255 mil. yen EBITDA 66 mil. yen +/– % +245.1％ +/– amount 47 mil. yen FY2022 19 mil. yen Segment profit –61 mil. yen +/– % －
Slide 13: Current progress in primary measures (FY03/2023)
Current progress in primary measures (FY03/2023) Framework Regional Marketing Platform Framework Strategies Measures Progress 1) Hybrid type vertical Adding more service categories such as real Following Ekitan PICKS, services of Ekitan media deployment estate, food service LOCAL and Ekitan Odekake-
Slide 14: Hybrid type vertical media deployment
Hybrid type vertical media deployment Ekitan Convenient services can be found from the stations Centered on specific genres such as real estate, restaurants, beauty salons, dental clinics, and personal gyms, information about visit-type shops and various services based at “stations” is collected, on
Slide 15: Hybrid type vertical media deployment: regional media
Hybrid type vertical media deployment Ekitan My town as usual may be more convenient and interesting Regional media which provide information useful for housing/living around local information about outing and events Upon selecting a region such as station, municipality or prefecture, useful real-ti
Slide 16: Hybrid type vertical media deployment: Ekitan Odekake-Lab
Hybrid type vertical media deployment Ekitan Odekake-Lab A website that gathers events information and distributes regional information Areas surrounding a station are analyzed using our own data and transfer information technologies Regional information is provided, such as recommended events and o
Slide 17: MaaS business deployment
MaaS business deployment Took part in demonstration experiments of “digital boarding tickets + service usage” conducted by Tokyo Metro at every station of Marunouchi Line Purpose To make sales of tickets open and to realize external ticket sales by entities other than railway companies Demonstration
Slide 18: Established EKITAN I&I Co., Ltd.
M&A/alliance strategy Established EKITAN I&I Co., Ltd. Joint venture established with ITL Holdings (a group company affiliated to Bold Investment which is a top shareholder of EKITAN) to strengthen investment/incubation business × fellow subsidiary of Bold Investment which is a top shareholder of EK
Slide 19: Section 3: Performance forecasts FY03/2024
Section３ Performance forecasts FY03/2024 Copyright© 駅探. All Rights Reserved 19
Slide 20: Performance forecasts (FY03/2024)
Performance forecasts (FY03/2024) Higher revenues / Lower earnings (forecasts) Advertisement Platform Business For growth of the next mainstay business in FY03/2025 and onward, various measures and investment should be carried out so that business foundation could be built up Mobility Support Busine
Slide 21: Strategies (FY03/2024 and onward)
Strategies (FY03/2024 and onward) Strategy 1) RMP (Regional Marketing Platform) strategy To create new sources of earnings by using EKITAN’s business assets namely media clients such as transfer information technologies and EKITAN.com. It is an effort to “connect business entities and users around a
Slide 22: From the Stations
~ From the Stations ~ 【Contact for IR】 EKITAN Co., Ltd. IR staff These materials are intended only for providing information for reference concerning current business performance, and therefore investors are encouraged to make their final decisions on investment or any other matters based on their o