Septeni Holdings Co., Ltd. · TSE:4293
Septeni — Q1 FY2019 Earnings Presentation
55 slides from Septeni's earnings presentation, Jan 31, 2019
Slide 1: SEPTENI FY2019 Q1 earnings presentation
~ SEPTENI 20195 9A HA be 1 FHA RAS BRSHEAF—o-eR-WF AVIA 20194 1A 31A 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
O1 + em RARZ
Slide 4: Consolidated results summary
PB Fy2019/10 (10-128) RB 5b “3 SEPTENI WN 2 ANDO HALL ) 4.075578 ( aioe MALE Non-GAAP ® 3 fill z A59BEA ( eeee oan )
Slide 5: Consolidated results highlights
FEM Fy2019/10 (10-128) RB 5b “3 SEPTENI Ize 3.734578 (Renmin ) Non-GAAP ® 3 #ill zs 1,24255m (Seaminsen’ ) BASH. BOS PD 7 BD ICR CR EAC
Slide 6: Consolidated results highlights
PER Fy2019/10 (10-12) RB 54h “3 SEPTENI UN Za 4165755 ae ) Non-GAAP® 3 fil zt ~29185 (Renmin )
Slide 7: 4,075 100.0% +1.2% 4,028 100.0% 17,200 23.7% 3,402 83.5% -1.2% 3,444 85.5% ― ―
4,075 100.0% +1.2% 4,028 100.0% 17,200 23.7% 3,402 83.5% -1.2% 3,444 85.5% ― ― 2,947 72.3% +7.5% 2,742 68.1% ― ― 459 11.3% -34.7% 702 17.4% 2,000 22.9% 408 10.0% -41.3% 694 17.2% ― ― 235 5.8% -57.7% 555 13.8% 1,300 18.1% 19,343 ― +3.6% 18,665 ― 77,000 25.1%
Slide 8: 24.5% 3,750 3,250 19.5% 2,750 14.5% 2,250 9.5% 1,750 1,250 .5% 750 -0.5% 250
24.5% 3,750 3,250 19.5% 2,750 14.5% 2,250 9.5% 1,750 1,250 4.5% 750 -0.5% 250 -250 -5.5%
Slide 9: -0.9% +15.4% +15.2% +42.8% 179 235 205 199 95 -52.4% -46.9% 214 210 223
583 651 684 679 673 -0.9% +15.4% 191 205 256 237 273 +15.2% +42.8% 179 235 205 199 95 -52.4% -46.9% 214 210 223 243 306 +25.7% +43.1% 2,742 2,993 3,047 2,912 2,947 +1.2% +7.5% 1,803 1,883 2,065 1,965 1,934 -1.6% +7.3% 273 345 355 355 344 -3.2% +26.2% 237 271 172 155 221 +42.9% -6.6% 430 495 455 436
Slide 10: 3,000 2,500 2,000 1,500 1,000
3,000 2,500 2,000 1,500 1,000 500 0
Slide 11: 02 Net marketing business
O02 RYBV-TFAVIBR
Slide 12: Net marketing business results
3,734 100.0% -1.9% 3,805 100.0% 15,300 24.4% 3,249 87.0% -3.2% 3,356 88.2% ― ― 2,009 53.8% +6.6% 1,885 49.5% ― ― 1,242 33.3% -15.5% 1,470 38.6% 4,500 27.6% 19,169 ― +2.6% 18,682 ― ― ―
Slide 13: Net marketing business Non-GAAP operating profit
RYIRV-TF (VISE DEMERS “iit SEPTENI mame ZF Non-GAAP SRF (ML: AAA) Om SRAM (HUN) AY bRMEDS HM ELL KMSAHC FER LT. BELEK Ra oo ie & TAR 33.3% FY2018 FY2019
Slide 14: 14% 12% 10% 8% 6% 4% 2% 0%
14% 0 12% 0 10% 0 8% 6% 0 4% 0 2% 0 0%
Slide 15: 20% 35.0 18% 30.0 16% 25.0 14% 12% 20.0 10% 15.0 8% 6% ：
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 16: 12.0 6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 4.0 2.0% 2.0 1.0% 0.0% 0.0
12.0 6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 4.0 2.0% 2.0 1.0% 0.0% 0.0
Slide 17: Slide 17
Slide 18: Media content business results
416 100.0% +38.1% 301 100.0% 2,250 18.5% 224 53.8% +35.1% 166 55.0% — — 515 123.8% +9.7% 469 155.8% — — -291 — +12 -303 — -650 44.8%
Slide 19: Media content business Non-GAAP operating profit
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Slide 20: GANMA! results
VYHAYF VIBE GANMAOWMBET 28 SEPTENI | RetDLA& : 1,1505{¢ | G GANMA! [:sssegenetss gam [ BH FIPV EX : 33.6/ePV ] “DIVKIPYFIYG & (20185512 A RBS AR) [zzugsgs7e77—* \/ (ck BRIIY pues INF 4-VYABS — ma, FIV NBS HIRAI Y a vURae CORALS ABT ~FY2017 FY2018 FY2019~
Slide 21: GANMA! app downloads
| 21 eae Es PTY ISEB “5 SEPTENI 3*2016/ 1QO Nz @100& L THREE 1,252 1,259 1,162 FY2018 4Q FY2019 | FIyYKBEOD (AR & PT) ues OHS HN QonQ@ : +10.5% Yony : +2.6%
Slide 22: GANMA! ARPU
22 | VVYHAVYFYYSE ARPUBB “5 SEPTENI —®—ARPU* (FX) 36.6 34.5 28.1 26.8 24.4 | 12A | 3A 6A 9R 12A | | 2017 | 2018 * ARPUDER ? VYHAYT YY BROWSE (RS. RR, IPMAMGE) MAU By DF BALL Tt WS -MAUICAIAZ 1—FHEWOD INS & 18H
Slide 23: GANMA! key points (1)
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Slide 24: GANMA! key points (2)
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Slide 25: GANMA! original titles
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Slide 26: 04
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Slide 27: Initiatives and topics
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Slide 28: Initiatives and topics
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Slide 29: Initiatives and topics
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Slide 30: 05
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Slide 31: Full-year forecast
El saracns see (eH) “it SEPTENI (Bit : BAF) Wes 4,075 17,200 23.7% Non-GAAP EER mmFles 2000" 22.9% asumas £82 JER RAF 2S 1300" 18.1% HAO Sei Y AB ot LT Mal HES FY2019/2QU HM. BE7I-7FCORBRED LBM
Slide 32: Forecast by segment
AAPM ST SBIR (be 7 xv bol) “ik! SEPTENI RYBV-TFAVIBR AF 4PAVIFVIBE (att : BPS) nea3,734 15,300 2.250 BR 24.4% Bx 18.5% Non-GAAP BRAN EB 27.6% EB 44.8% Non-GAAP SRR
Slide 33: 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１月31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 34: Appendix
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Slide 35: Quarterly trend of revenue
eee +e e Be LSE MMB (47 xv bB) ik! SEPTENI ERY bY—-TF1VISR BXF{PAYTIVIBR (Hil: FAA) 19,343 18,448 18,820 18.350 18,665 18,978 18.107 16.757 16.693 0 8,684 18,986 aay 17,96 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q | FY2017 FY2018 FY2019 HEIXY HMMAOBKF ORE EML TUS LO, SHRMAO SH CBM (PART ME) — MLE MAT 4 PAY FY IBRU
Slide 36: 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
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: -0.9% +15.4% 175 191 205 256 237 273 +15.2% +42.8% 111 122 104 145
364 384 453 512 583 651 684 679 673 -0.9% +15.4% 133 137 169 175 191 205 256 237 273 +15.2% +42.8% 111 122 104 145 179 235 205 199 95 -52.4% -46.9% 120 125 180 192 214 210 223 243 306 +25.7% +43.1% 2,407 2,812 2,672 2,760 2,742 2,993 3,047 2,912 2,947 +1.2% +7.5% 1,605 1,615 1,735 1,777 1,803 1,883
Slide 38: Quarterly trend of operating profit
CAL MO+RHE sce SEPTENI BASB SHR 8 TO (Hil: FAA) 679 583 512 243 214 364 384 192 199 125 120 179 145 111 122 237 191 133 137 175 1a 2a 3Q 4Q 1a 2a 4Q | 1a | FY2017 FY2018 FY2019
Slide 39: 3,000 2,500 2,000 1,500 1,000
3,000 2,500 2,000 1,500 1,000 500 0
Slide 40: Non-GAAP operating profit trend
40 Ee eae aes PE ERA PETS “hi SEPTENI mm I 25 MEE Non-GAAP# #7 (Sf : HAA) 2a FY2017 3Q BRAMBS (HME) 2Q FY2018 3a 1Q FY2019
Slide 41: 14% 12% 10% 8% 6% 4% 2% 0%
14% 0 12% 0 10% 0 8% 6% 0 4% 0 2% 0 0%
Slide 42: 20% 35.0 30.0 15% 25.0 20.0 10% 15.0 10.0 5% 5.0 0.0 0%
20% 35.0 30.0 15% 25.0 20.0 10% 15.0 10.0 5% 5.0 0.0 0%
Slide 43: 6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 4.0 2.0% 2.0 1.0% 0.0% 0.0
6.0% 10.0 5.0% 8.0 4.0% 6.0 3.0% 4.0 2.0% 2.0 1.0% 0.0% 0.0
Slide 44: Media content Non-GAAP operating profit trend
EY xsi raveyve2 oemns wok SEPTENI mes =Non-GAAP###lzs (Hf : BAA) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q FY2017 FY2018 FY2019
Slide 45: GANMA! monthly users and page views
Y #3 YT YIBR GANMA! REtDLEX > PVEXHER o°° overe overe o*e*e ~ SEPTENI 40.3 40.8 mm REtDL& (HF) —e-PVEX (fa) 33.6
Slide 46: GANMA! app downloads
BY vo wavs yee PT MEE “ii SEPTENI 1,438 2016/ 1M Iz &100E L THB 1,252 1.259 1213 1,284 1,024 174 (198 ei 1a 2Q 33a 4a 1a 2Q rv2019 FY2016 eyo ry2018
Slide 47: GANMA! ARPU
VvHAYFYYBE GANMA! ARPUHE “88 SEPTENI =@®—ARPU* (FA) 36.6 34.5 (oa | 3A 6A 9A 2A | OBA 6A 9A 2A | 2016 | 2017 2018
Slide 48: 1,600 1,400 1,200 1,000
1,600 1,400 1,200 1,000 800 600 400 200 0
Slide 49: Company overview and share information
Pees +e SEPTENI 20185F12A 310 ite 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 2.1208 AF PERE See 138,856,500% (5 6 AGHRH10,724,160t) * Ee ee Be 1.372% (fA) 9511484 (EHR) 242. SHBIP (Board I
Slide 50: Group companies
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Slide 51: Net marketing business overview
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Slide 52: Media content business overview
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Slide 53: Consolidated balance sheet
Ey sss (Mit : AA) RES _PaERE 5 RARE 20195797 Hi 10% 2018569 HA HAR 26,223 7148. "33,371 : ARRUMEASWA263 +341 5 wseiitg +739 ORAM +64 | cotioaeam +136 +406 | 12,690 | 4,951 17,641 +703 : BRRB+595 A143 : OHO SBRAAISS +560: 15,730 | | AREA A1b4 1 EOMORAMRERABS 33,371: +406. erere eee « SEPTENI | SORE A
Slide 54: Cash flow
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Slide 55: Contact and disclaimer
55 | [$#) 3-#L- hos- “hi SEPTENI RIOT y 20185F10A3048 & ') oxen e ae q-#b-hod eee SEPTENI FY 4 YEH HHO YY AvtHS | avez | TVENDEWD PY BLILH—-Y V7 CHRETAIC] D RELS BSLAS UCT. Ft L viii F-FOBHATHS [DEE] [PALA] [HELE] 30% PLUGS BEST AVeET hk, HLOBRTHS [TOF] Oba, TODAY SMM SE HEARS CER