FY2015 Presentation Material

CyberAgent, Inc. All Rights Reserved.

0 Table of Contents 1

Overview of Quarterly Consolidated Financial Results

2

Overview of Full-year Consolidated Financial Results

3

Business Forecast for FY2016

4

Internet Advertisement Business

5

Game Business

6

Ameba Business （Former Segment）

7

Upfront Investment in FY2016

8

Outlook for FY2016


0

1

Overview of Quarterly Consolidated Financial Results

Overview of Quarterly Consolidated Financial Results (July 2015-September 2015)


1

1

Overview of Quarterly Consolidated Financial Results Highlights (Jul. 2015 – Sep. 2015)

Consolidated Financial Results

Recorded high excluding temporary factors*

69.2 billion yen Operating profit: 5.7 billion yen Sales:

up

19.9%

year-on-year

down 21.5% year-on-year

(Operating profit excluding incentives :9.2 billion yen）

■Smartphone advertisement contributed to increase sales

Ad Business

38.5 billion yen Operating profit: 2.7 billion yen Sales:

■

Game

Ameba

Business

up

24.8%

year-on-year up

THE iDOLM@STER CINDERELLA GIRLS STARLIGHT STAGE and Dreams 100 became hits ****

22.2 billion yen Operating profit: 6.2 billion yen

Sales:

up

28.2%

year-on-year

***

61.4 %

year-on-year

2X

year-on-year

■The Sales from browser games declined Business

7.8 billion yen Operating profit: 0.5 billion yen

Sales:

16.4% down 63.6% down

*The temporary factors here refer to Investment Development Business and earnings incentives. ** Each segment's operating income does not include investment development business/incentives. ***©BANDAI NAMCO Entertainment Inc . It was jointly developed and is operated by BANDAI NAMCO Entertainment Inc. and Cygames Inc. **** “100 Sleeping Princes and the Kingdom of Dreams” provided by GCREST Inc., our consolidated subsidiary.

year-on-year year-on-year


2

1

Overview of Quarterly Consolidated Financial Results Quarterly Consolidated Sales

69.2

Unit: b illion yen

0.4 63.4

Record high results

60.0

61.1 60.5 0.7 57.7 5.6 0.3 68.7 52.4 51.2 0.08 0.7

3.1

60.4 60.1 57.7

Investm en t Develop m ent Business Sales

40.8 41.3 39.2 0.9 0.5 38.0 0.2 0.1

Con solid ated Sales (Exclud ing In vestm ent Develop m ent Business)

40.0

20.0

43.7 42.2 0.3 0.2

54.5

52.3 50.5 35.9 0.2 33.7 43.3 32.1 0.3 30.9 30.6 41.9 28.7 0.2 29.1 0.1 0.1 0.08 40.8 26.3 0.06 37.8 24.6 0.2 24.2 23.7 23.6 23.2 23.3 23.0 0.08 39.8 21.7 20.8 21.2 0.006 0.03 0.05 0.07 0.06 21.4 0.2 38.9 0.2 0.01 0.1 1.7 35.7 33.4 31.9 30.8 28.7 30.4 29.0 26.1 24.5 23.2 23.3 23.6 23.0 23.6 21.4 24.0 21.1 21.5 19.0

0.0 1Q

2Q

3Q

FY2008

4Q

1Q

2Q

3Q

FY2009

4Q

1Q

2Q

3Q

FY2010

4Q

1Q

2Q

3Q

FY2011

*The temporary factors here refer to investment development business and earnings incentives.

4Q

1Q

2Q

3Q

FY2012

4Q

1Q

2Q

3Q

FY2013

4Q

1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


3

1

Overview of Quarterly Consolidated Financial Results Quarterly Operating Profit 12.5

9.2

Un it: b illion yen

Marked a record high

4.8

Temporary factors* are not considered

8.1 0.03

7.3

3.4

6.5

8.1

6.1

6.2 0.1

2.6 7.6

0.009

4.9 4.5

Investm en t Develo p m ent Bu sin ess Op eratin g Profit

4.2

4.0

Op erating Profit (Exclu d in g In vestm en t Develop m en t Business)

3.5 0.05

3.5

3.4 0.02

3.2 2.7

1.8

1.6

1.0 0.6 1.0 1.4 0.01 0.7 0.4 -0.5

1Q

4.9 2.2 2.2

2.1

0.9

1.2 1.0 0.9 1.1 0.9 0.7 2Q

1.7

FY2008

4Q

1Q

2Q

3Q

FY2009

3.8

2.9

2.2 2.3

2.1

4.7

3.5 1.6 3.4 1.5

3.4

3.2

0.6

1.7

0.9

-0.2 -0.1 -0.07 -0.1 -0.03 -0.1 -0.06 -0.1 -0.06-0.06 -0.06 3Q

2.8

5.7

0.2

3.5 0.02

0.1

3.6

3.6

1.1

3.6

4.2

4.0

2.8

4.0

0.05

6.2

6.1

6.7

4Q

1Q

2Q

3Q

FY2010

4Q

1Q

-0.07 -0.1 -0.07 -0.07 2Q

3Q

FY2011

4Q

1Q

2Q

FY2012

4Q

-0.1

-0.05

-0.1 3Q

1Q

2Q

3Q

FY2013

4Q

1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


4

1

Overview of Quarterly Consolidated Financial Results 3.49 billion yen of Earnings Incentives supplied

Quarterly SG&A Expenses

Un it: b illion yen

18. 8

Earn in g s In cen tives Ad vertisem en t co sts Oth er

3.4

Am o rtization of g o od w ill Sales related costs

15.0

14.4

Office costs Person n el

13.5

13.3

10.0

0.5

11.1

11.0 4.3 2.4

2.1

1.7

8.0

7.5 6.6

5.0

5.8

6.0

0.7

0.6

1.1 0.07 0.3 0.5

1.4 0.08 0.3 0.4

1.4 1.2 0.07 0.3 0.3

7.0

7.2

1.2

1.2

1.7

0.8 1.0

1.5 1.4 0.07 0.4 0.4

1.3

1.4

0.08 0.5 0.4

0.07 0.5 0.4

3.0

3.0

3.2

3.1

3.3

3.3

1Q

2Q

3Q

4Q

1Q

2Q

0.07 0.5 0.4

1.0 1.4

8.1

1.9 1.8

1.6

0.08 0.7 0.5

0.08 0.8 0.5

3.7

3.5

3.7

3Q

4Q

1Q

2.6

3.5 1.9

2.2

1.7

1.2

2.4 2.4

0.09 1.1

0.09 1.2

0.6

0.6

2.5

2.4

2.2

2.3

2.3

0.1

0.09

0.1

0.1

0.1

1.7

1.7

1.7

1.5

1.5

0.1 1.0

0.7

0.8

0.8

0.8

0.8

0.9

2.4

4.0 3.6

2.0

2.8

2.9

1.8

13.4 12.7

3.1 10.7

0.7

9.5

9.1

11.8

11.6

11.5 10.2

13.0

2.4

4.0

3.9

3.6

3.7

3.6

3.8

3.8

3.9

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2.9

2.8

0.1

0.1 1.2

2.4 0.09 1.2

0.09 1.3

0.9

1.0

1.0

4.3

4.6

4.6

4.6

2Q

3Q

4Q

1Q

0.1 1.2 0.9

1.3

2.9

3.4

0.1 1.2

0.1

1.1

1.2

5.0

5.3

5.1

2Q

3Q

4Q

1.0

1.3

0.0

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015


5

1

Overview of Quarterly Consolidated Financial Results Quarterly Number of Employees in Consolidated Companies

3,566

U n it: Peo p le

3,511 Head q u arters *

In vestm en t d evelo p m ent

3,165 3,168 3,168 3,183

Med ia an d Oth er

3,000

Gam e

2,777 2,764

In tern et Ad b u sin ess Am eb a

2,423

1,993

2,000

1,000

1,835 1,806 1,875 70 62 1,630 65 22 19 1,554 1,551 20 1,526 1,544 326 72 349 1,428 341 71 75 71 18 70 18 74 12 16 13 359 291 367 259 387 12 265 394 526 405 201 168 141 139 530 110 120 697 751 674 631 635 628 597 581

636 231

236

282

298

295

306

392

421

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

72 23 303

92 25 337

439

2,479 2,511 2,489 93 24 331

474

92 27 328

473

111 22 336

621

637

348

110 30 358

103 33

107 32

373

372

33

121 34

308

322

288

393

34

33

33

523

505

510

574

642 822

490

510

543

567

711

717

772

807

296 35 582

865

688

703

737

977

981

985

638

624

630

682

667

4Q

1Q

2Q

3Q

4Q

437

329

604

117 30

2,825 2,862

302

957

635

1,098 1,121

526

740

926

936

954

948

1,081 1,039 1,001

977

1,018

0

FY2010

1Q

2Q

FY2011

3Q

FY2012

4Q

1Q

2Q

3Q

4Q

FY2013

* Consolidated company-wide divisions into Headquarters function beginning Q4, FY2014 ** Does not include employees from (equity investments) BEENOS, Inc. (formerly netprice.com, Ltd.), VOYAGE GROUP, Inc., or FX Business

1Q

2Q

3Q

FY2014

FY2015


6

2

Overview of Full-year Consolidated Financial Results

Overview of Full-year Consolidated Financial Results (October 2014-September 2015)


7

2

Overview of Full-year Consolidated Financial Results Highlights (Oct. 2014 – Sep. 2015)

Consolidated Financial Results

①

Sales: 254.3 billion yen Operating profit: 32.7 billion yen

up 23.9% year-on-year up 47.4% year-on-year

■Continued large sales and high profit growth

Ad Business

②

Game

③

Record high financial results

Ameba



■Steady growth with increasing hit titles Business

Business



■Successful structural reform and OP up 86% year-on-year Sales: 34.2 billion yen up 0.7% year-on-year Operating profit: 4.2 billion yen up 86.3% year-on-year CyberAgent, Inc. All Rights Reserved.

8

2

Overview of Full-year Consolidated Financial Results Yearly Sales of Smartphone Business Unit: billion yen

In the past 5

years, 80%

254. 3

of our business

has shifted to smartphone business 205. 2 200

192. 5

162. 4

139. 8

141. 1 119. 5

91. 5

100

37. 2 6. 4 0 FY2011

FY2012

FY2013

FY2014

FY2015 CyberAgent, Inc. All Rights Reserved.

9

2

Overview of Full-year Consolidated Financial Results Yearly Consolidated Sales and Operating Profit Unit: billion yen

Unit: billion yen

250.0

Operating profit increased

254.3

3 times

from upfront investment in 2013

200.0

50.0

205.2 40.0

32.7

162.4

30.0

141.1

150.0

22.2

119.5 Investment

100.0

87.0

93.8

96.6

76.0

Op eratin g Profit

26.7 6.3

10.8

16.2

1.7

10.3

9.3

43.2

50.0

4.3

5.5

20.0

Period

14.3

60.1

Sales

3.2

17.4

4.6

10.0

4.4

2.6

0.0

0.0

-1.6

-0.1

FY2000

FY2001

-0.2 FY2002

-0.1 FY2003

FY2004

FY2005

FY2006

FY2007

FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015


10

2

Overview of Full-year Consolidated Financial Results P L (Full year)

Operating profit margin 12.9％（up

U n it: m illio n ye n

2.1

points year-on-year）

FY2 0 1 5

FY2 0 1 4

Yo Y Ch a n ge

254, 381

205,234

23.9%

Gross m argin

92, 221

71,342

29.3%

SG&A exp enses

59, 473

49,122

21.1%

Op erating p rofit

32, 747

22,220

47.4%

Op erating p rofit m argin

12. 9%

10.8%

Ord inary p rofit

32, 314

22,188

45.6%

Extraord inary incom e

3, 272

321

919.3%

Extraord inary loss

4, 866

4,032

20.7%

Cu rren t n et p retax p ro fit

30, 719

18,477

66.3%

Current net p rofit

14, 792

9,556

54.8%

Net sales

+2.1p oints


11

2

Overview of Full-year Consolidated Financial Results BS

U n it: m illio n ye n

En d o f Se p te m b e r 2 0 1 5

En d o f Se p te m b e r 2 0 1 4

Yo Y Ch a n ge

Cu rren t assets

93, 532

73,605

27.1%

Cash an d d ep o sits

38, 723

31,446

23.1%

Fixed assets

37, 656

26,939

39.8%

To tal assets

131, 188

100,545

30.5%

Cu rren t liab ilities

52, 013

36,329

43.2%

(In co m e tax p ayab le, o th er p ayab les)

10, 605

4,604

130.3%

1, 472

1,040

41.5%

77, 702

63,175

23.0%

Lo n g-term liab ilities Net assets


12

3


Business Forecast for FY2016 (October 2015-September 2016)


13

3

Business Forecast for FY2016 Yearly Consolidated Sales

Unit: billion yen

300.0

300.0

Consolidated sales

300

billion yen

254.3

（up 17.9% year-on-year） 205.2

YoY

17.9%

200.0

162.4 141.1 119.5 87.0

100.0

93.8

96.6

76.0 60.1 43.2

3.2

6.3

10.8

16.2

26.7

0

FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 (Forecast)


14

3

Business Forecast for FY2016 Yearly Operating Profit

32.7

Unit: billion yen

Consolidated operating profit

28 billion yen

4.9

28.0

27.7

28.0

28.0

（flat YonY excluding profit of investment Development Business）

22.2 2.7

17.4 18.0

14.3 Investment Development Business Operating Profit

Operating Profit (Excluding Investment Development Business)

5.5

8.0

1.7 1.7

-1.6

-0.1

-0.2

-0.1

2.6 1.4 1.2

3.2

17.6

4.6

4.3

-2.0

10.3

9.3

6.9

3.6

1.1 -1.4

19.4

14.5

4.4 9.6

1.0

0.6

9.6

4.8 -0.3

-0.3

-0.2

-0.2

FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

(Forecast)


15

3


New Segment (FY2016) ① Game section of Ameba Business to be integrated into Game Business ② New business

(such as video content & 755) to

Internet Ad Business

be integrated into Media Business

(Ameba)

Media Business （Ameba）

Game Business

Other Business

Investment Develop Business

②

① Former Segment (FY2015)

Game

Internet Ad Business

Media

Game Business Ameba Business

*Media and Other Business means CA MOBILE, LTD., Wedding Park, LTD., etc.

New Media Business

Existing Business * *

Investment Develop Business

Media and Other Business


16

3

Business Forecast for FY2016 Outlook on Consolidated Operating Profit

Increase both Internet Ad and Game Businesses , upfront invest in Ameba Business 0.4B

Med ia an d Oth er

Gam e

Gam e

¥ 20.0B

¥18.7B

¥37.0B

¥34.8B

0

In tern et Ad

In tern et Ad

¥12.3B

¥14.0B

Med ia (Am eb a ) Up fro n t In vestm en t

¥ 3.3B

-¥ 3.6B

In ssen tives

-¥ 3.5B

Med ia (Am eb a )

¥-7.1B

¥ 3.0B

U p fro n t In vestm en t

- ¥9.0B

FY2015 FY2015

FY2016 FY2016

¥32.7B

¥28.0B

*The term ended Sep. 2015 is traced back in conjunction with the new segment in the term ending Sep. 2016. Some of the minor internal transactions are not considered. **Adjustments such as whole company expenses of the term ended Sep. 2015 are included in upfront investment. ***Adjustments such as media and other business, investment development business, whole company expenses, etc. for term ending Sep. 2016 are compensated and omitted.

¥-9.0B


17

3

Business Forecast for FY2016 Payout ratio 22.3%

Expected Dividend

Unit: yen

FY2016

Expected dividend per share

FY2014

Dividend amount

Payout ratio

¥50

¥3.1B

22.4%

**

¥50

¥3.1B

21.2%

*

¥40

¥2.4B

26.1%

Expected dividend

FY2015 Dividend amount

Dividend amount

Total Dividend Unit: billion yen

Dividend per Share Unit: yen

Total am ou n t of d ivid en d an d d ivid en d p er sh are

60

3.0

50

50

50

40 35

2.0

35

40

35

3.1

3.1

30

22

1.0

2.2 14

12 9

0.2

0.3

FY2004

FY2005

0.5

10

10

2.2

2.4 20

2.1

1.4

7 0.6

0.4

10

0.6

0.0

0 FY2006

FY2007

FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

*FY2015 Dividend amount: The commemorative dividend (20 yen) is not included. **As for the dividend amount for the term ended Sep. 2015, the bill for profit appropriation will be discussed at the annual meeting of shareholders on Dec. 11, 2015.

FY2014

FY2015

FY2016E


18

4




19

4

Internet Advertisement Business Yearly Sales

Yearly Operating Profit

Unit: billion yen

142.1

150.0

Unit: billion yen

11.53 Up 26.3% year-on-year

Up 24.8% year-on-year 10.00 113.8

9.12 8.39

100.0 6.88

83.2 70.6 66.5 5.00

52.9

4.06

50.0 2.88

0.00

0.0 FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015


20

4

Internet Advertisement Business Growth rate of internet advertisement

39.3% 40.0%

Increase our Internet Ad market share with growth rate exceeding market growth

30.0% インターネット市場（全体） CA インターネット広告事業売上高

19.9%

20.0%

16.8% 12.1% Market growth rate

9.1%

10.0% 4.1%

8.1%

of Internet Ads

7.7%

0.0% 2011

2012

2013

*Source: DENTSU INC. “Advertisement Expenditure in Japan 2011” “Advertisement Expenditure in Japan 2012“ “Advertisement Expenditure in Japan 2013” “Advertisement Expenditure in Japan 2014”

2014 CyberAgent, Inc. All Rights Reserved.

21

4

Internet Advertisement Business Sales: 38.5 billion yen（up 24.8% YonY） Smartphone Ad contributed to the increase in sales by

Quarterly Sales Unit: billion yen

36.5% YonY

38.5

40. 0

0.05

33.1 30.9

29.9 30. 0

0.3

28.5

Featu re Ph o n e 20. 0

18.9

PC

17.5

Sm artp h o n e

16.0

13.4 11.3 10. 0

2.1

13.7 2.3

16.0 3.4

14.3 2.9

2.8

16.8

16.8

1.4

2.7

1.7

11.2

11.3

2Q

3Q

FY2010

0.7

20.7 0.4

0.6

11.8

4Q

12.9

13.6

12.0

14.4

0.8

1Q

2Q

3Q

FY2011

2.0 4Q

12.4

12.1

11.8

25.8 22.7 21.7

11.2 20.7 18.9

12.1

16.4 15.1

10.5

0.4

13.1

12.0

12.2

0.1

12.7

19.9 0.3

1.1

12.0

12.8

0.08

12.5

11.9

12.1

0.1

11.7

12.5

0. 0 1Q

17.0

2.4

1.6

9.6

17.8

19.6

22.8 0.2

35.3

0.2

0.1

0.2

24.4 0.3

34.9

2.9

3.5

3.7

1Q

2Q

3Q

FY2012

5.6

4Q

7.0

1Q

8.1

8.3

2Q

3Q

FY2013

4Q

11.5

1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


22

4


Focused Sectors

Performing strongly by following current trends

■ Sales of infeed ads (3 times year-on-year) *

■ Sales of video ads (4.1 times year-on-year) **

Unit: billion yen

5.80

6. 00

Unit: billion yen

1.54

1. 00

3.48 3.13 3. 00

0.81

0.83

2Q

3Q

2.69

1.93

0.48

0.50

0.37

1.37 0.97

0.46

1.08

0.25

0. 00

0. 00 1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

1Q

FY2015

*Infeed ads: Ads published on websites, timeline of applications, etc. Advertising method used in SNS, curation, news media, etc. **Video content ads: Ads viewable in such as YouTube, LINE videos and digital signage displays.

2Q

3Q

FY2014

4Q

1Q

4Q

FY2015


23

4


Quarterly Operating Profit

Operating profit:

2.79 billion yen (up 28.2% year-on-year)

Unit: billion yen 4.0

3.78 40.0%

3.02

2.89

2.88

2. 79 30.0%

2.47 2.30 2.17

2.10

2.18

2.17

2.07

1.94

2.0

Operating Profit

1.75

Operating Profit Margin

20.0%

1.49 1.36 1.13

1.20

1.02

0.94

10.9% 0.85

0.80

0.48 7.0%

1.34

5.8%

7.1% 7.0%

8.1%

11.4% 8.8%

8.5%

8.8%

8.0%

10.8%

10.8%

10.7% 10.5%

10.1% 8.1% 7.1%

6.9%

8.2%

8.7%

7. 2%

10.0%

5.4%

4.2%

0.0

0.0% 1Q

2Q

3Q

FY2010

4Q

1Q

2Q

3Q

FY2011

4Q

1Q

2Q

3Q

FY2012

*The operating profit of Internet Advertisement Business does not include earnings incentives. **The operating profit rate was calculated without including earnings incentives.

4Q

1Q

2Q

3Q

FY2013

4Q

1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


24

4


Competitive Advantages

①

Strong operation

②

Economy of scale & First-mover advantage

③

Competent in Smartphone Ads CyberAgent, Inc. All Rights Reserved.

25

5

Game Business

Game Business


26

5

Game Business Yearly Sales


Unit: billion yen

68.9

Unit: billion yen

15.96 Up 88.3% year-on-year

Up 35.8% year-on-year 60. 0

50.7 47.9

10. 0

8.26

8.47

FY2013

FY2014

29.2

30. 0

4.20

7.1 3.7

0.25 0. 0

0. 0 FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

-0.03 FY2010

FY2011

FY2012

FY2015


27

5

Game Business Sales: 22.2 billion yen (up

Quarterly Sales

61.4% year-on-year)

Significant sales growth in native games,

Granblue Farasy contributed to the gwowth of browser games.

Unit: billion yen

22. 2 1.1 0.3

20. 0

16.7 15.5 15. 0

13.7 12.9

12.7 12.7

11.7 3.9

10. 0

Oth er *

6.4

2.8 4.0

Jap an n ative gam es

0.6

0.8

2.3

0.8

0.6

0.8

0.8

1Q

2Q

3Q

3.3

1.4

1.7

1.7

1.7

1.4

1.6

1.7

1.7

1Q

2Q

4Q

0.01

FY2010 *Other sales: games for PC, feature phones, etc.

3Q

FY2011

1.8 4Q

3.0

0.04

0.02

0.2

1.9 0.1

1Q

2Q

2.8

2.5

1.8

2.0

1.6

1.0 1.1

1.1 0.8

1.0 0.4

4.9

5.6

5.1 5.0

4.8

4.7 9.5

0.2

0.5

1.0

1.0

1.2

3Q

4Q

1Q

2Q

3Q

FY2013

2.1 4Q

12.9

8.7

5.1

2.6

FY2012

5.7

5.4

5.1 4.6

1.0 0.4

4.7

4.2 0.6

1.8

1.9

1.4

1.3

1.6

7.7

Jap an b ro w ser gam es

5. 0

3.1

4.4

Overseas b ro w ser, n ative gam es

0. 0

11.3 11.1 11.4

12.6

14.3

7.8

1.0 0.3

5.1

5.6

2Q

3Q

6.7

7.6

3.5

1Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


28

5

Game Business

Quarterly Operating Profit

Operating profit:

6.26 billion yen (2 times year-on-year）

Unit: billion yen

6.26 5. 6

3.50

3. 6

2.80

2.69 2.30 2.05 1.47

1. 6

1.06 0.62 0.15

0.05 -0. 4

3.48

2.99

2.11

1.94

3.62

-0.04 1Q

0.29 0.19

-0.01 -0.12

-0.13 2Q

3Q

FY2010

0.81 0.91

4Q

1Q

2Q

3Q

4Q

FY2011

*： The operating profit of Game Business does not include earnings incentives.

1Q

2Q

3Q

FY2012

4Q

1Q

2Q

3Q

FY2013

4Q

1Q

2Q

3Q

FY2014

4Q

1Q

2Q

3Q

4Q

FY2015


29

5

Game Business THE iDOLM@STER CINDERELLA GIRLS STARLIGHT STAGE *& Dreams 100

Sales Ranking

appeared in the Sales Ranking

***

****

NEW Transition of Sales Ranking

1

1 iDOLM@STER THE CINDERELLA GIRLS STARLIGHT STAGE*

10 DQMSL**

30

NEW

Dreams 100 ***

50

51 GRANBLUE FANTASY Sengoku Enbu -KIZNA-

Jorker ～Gang Road～ 100

9月

3月

9月

*©BANDAI NAMCO Entertainment Inc. It was jointly developed and is operated by ©BANDAI NAMCO Entertainment Inc. and Cygames Inc. **DQMSL：”DRAGON QUEST MONSTERS SUPER LIGHT” © 2014,2015 ARMOR PROJECT/BIRD STUDIO/SQUARE ENIX All Rights Reserved. Developed by Cygames, Inc. ***Dreams 100: 100 Sleeping Princes and the Kingdom of Dreams”

**** “Sales ranking” calculates the App Store top sales ranking from AppDB. Monthly avg. values in ranking is used.

3月

9月 CyberAgent, Inc. All Rights Reserved.

30

5

Game Business Comparison of Sales in Game Business

Foundation performing strongly

mixi, Inc.

GungHo Online Entertainment, Inc.

COLOPL, Inc.

gumi Inc. enish, Inc. KLab Inc.

FY2013

FY2014

*Mentioned based on the reference materials for the briefing session for account settlement of each company

FY2015

Ateam Inc. CROOZ, Inc. Drecom Co., Ltd. CAVE Interactive CO., LTD.


31

5

Game Business

Competitive Advantages

①

Strong operation

②

High game hit rate of Cygames

③

Horizontal expansion of knowledge within the Group

*Cygames, Inc.: a consolidated subsidiary established in May, 2011

*


32

6

Ameba Business

(Former Segment)

Ameba Business (Former Segment)


33

6

Ameba Business

(Former Segment)

Yearly Sales


Up 0.7% year-on-year

Unit: billion yen

Unit: billion yen

34. 0

5. 78

34.2

Up 86.3% year-on-year

4.25 4. 0

3. 41

30. 0 2. 28

1. 71

24. 8

23. 8

0. 0 FY2010

17. 2

FY2011

FY2012

FY2013

FY2014

FY2015

15. 0

-4. 0

7. 8

0. 0 FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

-8. 0

-7. 82


34

6

Ameba Business

(Former Segment)

Sales: 7.8 billion yen (down

Quarterly Sales

16.4% year-on-year)

Put brakes on decreasing sales trend

Unit: billion yen

9.3

9.0

9.5

8.8

9.0

8.3 7.3

6.1 5.8

6.0

5.7

6.0

5.9

6.1 6.5

Fees Ad vertisin g, Oth er 3.0

3.4

0.5

1.8 0.6

1.7

1.9

3.1

3.7

4.1

3.7

3.8

4.5

5.3

4.5

3.9

2.5 1.5

5.5

5.1

6.1

6.7

4.3

5.4

6.6

6.2 4.0

7.8

7.2

5.4

5.3

7.9

2.2

2.5

1.1

0.8

1.0

1.1

1.1

1Q

2Q

3Q

1.4

1.7

1.7

1.8

1Q

2Q

3Q

2.1

2.0

2.0

2.0

2.1 1.4

1.4

1.5

1Q

2Q

3Q

1.8

1.9

4Q

1Q

2.3

2.1

2Q

3Q

2.7

2.8

2.7

2.5

2.6

4Q

1Q

2Q

3Q

4Q

0.0

FY2010

4Q

FY2011

4Q

1Q

2Q

3Q

FY2012

4Q

FY2013

FY2014

FY2015


35

7




36

7

Upfront Investment in FY2016 New Business

画像取り寄せ中

“AmebaFRESH!” ● Live broadcasting video platform ● Basically free of charge (Monthly charges may be imposed according to channels)

● Stylish design, Simple user interface


37

7

Upfront Investment in FY2016 New Business

“AbemaTV”

画像取り寄せ中

● Free TV programs viewed via smartphones

● Advertisement model (Time shift and recording function are paid options)

● User can watch it in a passive manner AbemaTV, Inc. is our consolidated subsidiary established on April 16, 2015 by a joint contribution with TV Asahi Corporation.


38

8

Outlook for FY2016

Outlook for FY2016


39

8

Outlook for FY2016 Operating Profit by Business (Image)

Media Business

Make profits from Internet Ad and Game Businesses

(Ameba)

to invest in Media Business, and aiming to grow it as a new pillar for mid-to-long-term.

Entry to video content business

Shift to smartphone business 事業への転換

Investment in blogs


40

8

Outlook for FY2016

Grow Media Business as a core pillar for mid-to-long-term

Ad Business

Game Business

Media Business

Stable performance continuing

Foundation in good condition and strong performance expected this Fiscal Year

Upfront investment intensified

(Ameba)


41

*References PL (Quarter)

Unit: million yen

Jul-Sep 2015

Jul-Sep 2014

YoY Change

Apr-Jun 2015

QoQ Change

Net sales

69,265

57,781

19.9%

61,154

13.3%

Gross margin

24,641

20,895

17.9%

20,679

19.2%

SG&A expenses

18,878

13,549

39.3%

14,425

30.9%

Operating profit

5,763

7,345

-21.5%

6,254

-7.9%

Operating profit margin

8.3%

Ordinary profit

5,038

Extraordinary income

3,069

2

Extraordinary loss

1,761

900

95.7%

613

187.3%

Current net pretax profit

6,346

6,472

-1.9%

5,645

12.4%

Current net profit

2,504

3,734

-32.9%

2,417

3.6%

12.7%

-4.4points

7,370

-31.6% 153350.0%

10.2%

-1.9points

6,256 2

-19.5% 153350.0%


42

*References BS

Unit: million yen

End of Sep 2015

End of Sep 2014

YoY Change

End of Jun 2015

QoQ Change

Current assets

93,532

73,605

27.1%

77,600

20.5%

Cash deposits

38,723

31,446

23.1%

30,713

26.1%

Fixed assets

37,656

26,939

39.8%

38,507

-2.2%

Total assets

131,188

100,545

30.5%

116,108

13.0%

Current liabilities

52,013

36,329

43.2%

38,734

34.3%

(Income tax payable)

10,605

4,604

130.3%

6,063

74.9%

1,472

1,040

41.5%

1,280

15.0%

77,702

63,175

23.0%

76,092

2.1%

Fixed liabilities Net assets


43