Nihon Enterprise Co., Ltd. Earnings Summary …4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY 2013 FY2014...
Transcript of Nihon Enterprise Co., Ltd. Earnings Summary …4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q FY 2013 FY2014...
Nihon Enterprise Co., Ltd. All rights reserved1
Nihon Enterprise Co., Ltd.
Earnings Summary FY2016 (ended May)
(From 1st
June 2015 to 31st
May 2016)
13th
July 2016
Nihon Enterprise Co., Ltd. All rights reserved2
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2 Contents Service Segment (Strategy for FY2017)
3 Solution Segment (Strategy for FY2017)
4 Forecast and Strategy
Highlights
PL
Quarterly Growth
Sales
Sales(Contents Service Segment)
Sales(Solution Segment)
COGS
SG&A expenses
Business Strategy
Lifestyle
Entertainment
Traffic Information
Forecast
Business Strategy
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Table of Contents
Business Strategy
Solution(consigned development and others)
Advertising Agent Service (storefront affiliate) / Overseas / R&D
inaseri Co., Ltd.
1 Overview of Earnings Summary (FY2016)
Nihon Enterprise Co., Ltd. All rights reserved4
Solution
・Sales hit record with good performance in consigned
development
・Business and capital tie-up with Smartvalue Co., Ltd. to
strengthen regional revitalization business
・Allianed with Metropolitan Fish Market Cooperative
Association to start the first EC service, “Inaseri”
Advertising
(Advertising Agent Service)
・Sales hit record
・In addition to mobile shops, aggressively developed sales
channels which suitable for each contents value
Overseas・Strong performance with YoY 190% up in number of mobile
phone sold
1 Overview of Earnings Summary
Highlights
Contents
Service
Segment
Solution
Segment
Consolidated
Summary
S a l e s : 5,530MNyen YoY: 8.1%up
O r d i n a r y
I n c o m e: 252MNyen YoY: 23.4%up
Traffic Info.
・Aggressive business expansion to solution segment such as
bus-location-system and data-broadcasting based on expertise
in contents service business
Entertainment
・Good performance in “Chokotto game”
・”BOOKSMART”, focused on strengthening partnership with
“Tokyo-shoten commercial union” and service expansion.
Lifestyle
・Allianced with Excite Japan Co., Ltd. for “Women‘s Diary”
・Promoted to form the “life support platform” centering around
three major contents or “Women’s Diary”, “Fivetlak” and
“Dealing”
Nihon Enterprise Co., Ltd. All rights reserved5
Consolidated PL
1 Overview of Earnings Summary
FY2015 FY2016
YoY
Difference Growth rate
Sales 5,116 5,530 413 8.1%
COGS 2,704 3,208 504 18.6%
Gross profit 2,411 2,321 ▲ 90 ▲3.7%
SG&A 2,222 2,102 ▲ 120 ▲5.4%
Operating profit 189 219 29 15.7%
Non-operating profit 24 34 9 41.3%
Non-operating expense 9 1 ▲ 8 ▲85.9%
Ordinary profit 204 252 47 23.4%
Extraordinary profit 341 290 ▲ 50 ▲14.7%
Extraordinary loss 29 28 ▲ 1 ▲4.0%
Pre-tax profit 516 515 ▲ 1 ▲0.2%
Total amount of
corporation tax and others307 163 ▲ 143 ▲46.7%
Net profit 208 351 142 68.2%
Net profit attributable
to non-controlling interest31 24 ▲ 7 ▲22.8%
Net profit attributable
to the parent company 177 327 149 84.2%
(MN Yen)
Nihon Enterprise Co., Ltd. All rights reserved6
経常利益率
592 579 613 638 638 647 643 621 595 601 546 545 500
537 559421
464593
669555 604
780 718680
928 1,007
1,129 1,139
1,0351,103
1,2311,316
1,198 1,225
1,3751,319
1,227
1,474 1,508
105 60 108 90 81 57 13 55 78 60▲ 7
114 84
▲ 200
0
200
400
600
800
1,000
1,200
1,400
1,600
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2013 FY2014 FY2015 FY2016
コンテンツサービス事業 ソリューション事業 経常利益
9.4%
5.3%
10.5%
8.2%
6.6%
4.3%
1.1%
4.5%
5.7%
4.6%
-0.6%
7.8%
5.6%
▲2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
Q/Q growth
1 Overview of Earnings Summary
(MN Yen)
■Contents Service Segment ■Solution Segment ■Ordinary profit ■Ordinary profit ratio
Sales and ordinary profit increased QoQ,
driven by solution segment with highest
sales
Nihon Enterprise Co., Ltd. All rights reserved7
2015年5月期 2016年5月期YoY
Difference Growth rate
Contents Service Segment 2,506 2,194 ▲ 311 ▲12.4%
Solution Segment 2,609 3,335 725 27.8%
Total 5,116 5,530 413 8.1%
Sales
(MN Yen)
■ Y/Y Growth
1 Overview of Earnings Summary
Sales rose by 8.1% on a whole,
driven by Solution Segment with 27.8% up
while content segment decreased
Nihon Enterprise Co., Ltd. All rights reserved8
FY2015 FY2016
YoY
Difference Growth rate
Traffic Info. 924 876 ▲ 48 ▲5.2%
Entertainment 1,168 1,024 ▲ 144 ▲12.3%
Lifestyle 413 294 ▲ 119 ▲28.8%
Contents Service Segment 2,506 2,194 ▲ 311 ▲12.4%
Sales (Contents Service Segment)
(MN Yen)
■ Y/Y Growth
※ “Entertainment” includes “Games”, “Mail”, “Music”, “E-book” and “Overseas”
Sales decrease by 12.4% on a whole
due to lower advertising efficiency
in contents on carrier platforms
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved9
1 Overview of Earnings Summary
Sales (Contents Service Segment)
■ Q/Q Growth
(MN Yen)
■Traffic Info. ■Entertainment ■Lifestyle
※ “Entertainment” includes “Games”, “Mail”, “Music”, “E-book” and “Overseas”
Sales decreased YoY and QoQ in Traffic info.,
Entertainment and Lifestyle
173 186224 217 222 244 235 224 220 215 218 224 217
316 287279 293 298
285 298 294 289 309253 247
214
101 105109
128 116 116 109102
85 76
74 74
68
592 579613
638 638 647 643621
595 601
546 545
500
0
100
200
300
400
500
600
700
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2013 FY2014 FY2015 FY2016
Nihon Enterprise Co., Ltd. All rights reserved10
2015年5月期 2016年5月期前期比
金額 増減率
Solution 1,192 1,637 444 37.3%
Advertising Agent Service 1,168 1,304 136 11.7%
Overseas 249 393 144 58.0%
Solution Segment 2,609 3,335 725 27.8%
Sales (Solution Segment)
■ Y/Y Growth
(MN Yen)
Strong performance in all categories
contributed to 27.8% sales increase totally.
11.7% up in Solution(consigned development and others)
12.4% up in Advertising Agent Service
and 58% up in Overseas
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved11
227 249 264 255316
219 263 264
444 404339 380
511
197207
98 147
225 404247 257
259
216238
453
396
112101
5861
51
46
4482
76
97102
94
98
537 559
421464
593
669
555604
780
718680
928
1,007
▲ 100
100
300
500
700
900
1,100
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2013 FY2014 FY2015 FY2016
ソリューション 広告(広告代理サービス) 海外
Sales (Solution Segment)
■ Q/Q Growth
■Solution ■Advertising Agent Service ■Overseas
Solution (consigned development and others) sales hit
record. Slight growth in Overseas keeping good
performance. Advertising (Advertising Agent Service)
increased by 53.0% YoY
(MN Yen)
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved12
FY2015 FY2016
YoY
Difference Growth rate
COGS 2,704 3,208 504 18.6%
COGS ratio 52.9% 58.0% - -
(MN Yen)
COGS
■ Y/Y Growth
With increase of Solution Segment
sales ratio, COGS rose by 5.1%
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved13
612 617 517 550 629 687 615 642 758 728 655 866 958
54.2% 54.2%
50.0% 49.9%51.1%
52.2%51.3%
52.4%
55.2% 55.2%
53.4%
58.7%
63.5%
44.0%
49.0%
54.0%
59.0%
64.0%
0
200
400
600
800
1,000
1,200
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2013
FY2014 FY2015 FY2016
売上原価 売上原価率
COGS
■ Q/Q Growth
(MN Yen)
■COGS ■COGS ratio
Due to sales growth in Solution Segment, COGS rose
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved14
FY2015 FY2016
YoY
difference Growth rate
(Advertising expenses) 711 541 ▲ 170 ▲24.0%
(Others) 1,510 1,560 50 3.4%
SG&A 2,222 2,102 ▲ 120 ▲5.4%
SG&A ratio 43.4% 38.0% - -
SG&A
■ Y/Y Growth
(MN Yen)
Advertising expense down by 24.0% due to
advertising strategy shift from aggressive
investment in previous FY.
Therefore SG&A ratio improved by 5.4%
1 Overview of Earnings Summary
Nihon Enterprise Co., Ltd. All rights reserved15
67113 96
127178
212 215153 129 138
204
12870
350
348
320
329
343
364 356
376 412 395
380
371413
418
461
417
457
521
576 572
530 542 533
584
500483
37.0%40.5% 40.3% 41.4% 42.4% 43.8%
47.8%43.3%
39.4% 40.4%
47.7%
33.9% 32.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
0
100
200
300
400
500
600
4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
FY2013
FY2014 FY2015 FY2016
(広告宣伝費) (その他) 販管費率
SG&A
■ Q/Q Growth
(MN Yen)
With shift in advertising strategy adverting expense
decreased, and consequently SG&A improved
1 Overview of Earnings Summary
Advertising expense Others SG&A ratio
Nihon Enterprise Co., Ltd. All rights reserved18
2 コンテンツサービス事業
Aggressively forming contents platform
and creating hit contents
through contents & service development
and strengthen alliance
Service provision centering major five contents
E-Book
『BOOKSMART』Traffic Info.
『Traffic Info. Service』Healthcare
『Woman's Diary』Flea-market
『Dealing』Messenger App
『Fivetalk』
ライフスタイル
Segment Strategy
Nihon Enterprise Co., Ltd. All rights reserved19
■ Aggressively forming life support platform through “strengthen alliance” and
“service genre expansion”
■ With expertise in healthcare and child education App. development, expanding
coverage genre to MH and child care.
■ Developing “Fivetalk” to be a conversation interface on IoT
Women’s Diary
・App. to devise connection (a body composition and fat scale) in corporation with TANITA CORP. (21st Jan.2016)
・Started Joint operation of “Women’sDiary” with Excite Japan Co., Ltd. (4th April 2016)
Fivetalk
・Released “Fivetalk” for drive on TOYOTA’s “T-Connect”(※1) (25th June 2015)
Dealing
・Purchased assets of service(1st Dec. 2015)
・Built appropriate environment for person-to-person trades
(※1) TOYOTA’s next generation telematics service
Lifestyle
"Love memo"
"Mainichi inu
neko diary"
"Dealing"
"Couple note"
nursing
job
healthmoney
marriage
shopping
householdchores
marrigehunting
childbirth
TTC
pet
weightcontrol
diet
childcare
entertainment
"Women’s Diary" “Fivetalk"
"Beauty Rhyme
for women"
drive
Major achievements in FY2016
2 Contents Service Segment
Nihon Enterprise Co., Ltd. All rights reserved20
Entertainment
・ Authorized as “RoBoHoN” partner (10th
May 2016)
・”BOOKSMART”, released PC service in addition to smartphone and tablet
■ Chokkot game
Carrying out advertising strategy and releasing new
games to augment popularity on platforms such as
“Sugotoku Contents”
■ BOOKSMART
・Tightening alliance with Tokyo-Shoten commercial union
- Started regular joint event “Tokyo Book Award”
exploring & cultivating authors (10th
June 2016)
・ Enhancing services to increase users
- Released browser viewer plus App viewer (10th
June 2016)
- Started ”rental service” and “all you can read service”
(10th
June 2016)
■ Distributing contents on new platform such as “Pepper”
(SoftBank)
Major achievements in FY2016
2 Contents Service Segment
Nihon Enterprise Co., Ltd. All rights reserved21
Traffic Information
■ Billing to app.200 thousand subscribers
■ Releasing functions to enhance customer engagement
■ Expanding distribution platform in addition to carrier platforms
■ Aggressive service provision to BtoBtoC
BtoC (Contents Service Segment) BtoBtoC (Solution Segment)
Taffic Information Service
・Promoted BtoBtoC data distribution aggressively
- Bus location system for Keihin Kyuko Bus Co., Ltd.(March 2016)
- Data broadcasting for Television KANAGAWA, Inc. (4th April 2016)
expanding
Traffic Information Service
Major achievements in FY2016
2 Contents Service Segment
Nihon Enterprise Co., Ltd. All rights reserved23
3 ソリューション事業
Expanding Solution business
through offering total solution from App
development, system integration, voice to
new technologies at one stop shop
Group Strategy
ライフスタイル
Segment Strategy
Nihon Enterprise Co., Ltd. All rights reserved24
Consigned development
■ Total Solution Service
- Carrying out a customer development on the
back of growing IT investment by enterprises
■ Regional revitalization business
- With initiatives by local government, carrying
out projects such as “lower birthrate” and
“tourism” aggressively
- Expanding business opportunities
with Smartvalue Co., Ltd.
- Strengthening group synergy
Packaged service
■ Releasing education cloud ”e-Managi”
■ “BizTalk, “AplosOne”
- Increasing users through function and usability
enhancement
■ “Profair”
- Focusing on customer development through
seminars and other sales activities
■ “Concerto”
- Introducing partner system to expand
distribution channel in addition to direct sales
【Consigned development】・Business and capital alliance with Smartvalue Co., Ltd.
(18th Feb. 2015)
・Released “integrated operation and audit service, Premier Cloud” with IDC Frontier Inc. (18th June 2015)
【Regional revitalization business】・”Chiba My Style Diary”, an App for countermeasures against lower
birthrate, Chiba prefecture (20th August 2015)
・”Shimoda Kodomo Diary”, an App to support parenting, Shimoda city, Shizuoka prefecture. (29th Feb. 2016)
・Released a tourism cloud “Tourism Yubisashi Navi”. (10th Aug. 2015)
・Released a history explore AR navigation App, “Shiroishi ShiroShiro Navi” (1st April 2016)
・Opening ceremony of “Higasi kison solar power plant”, Yamaguchi prefecture. (15th May 2016)
Solution (Consigned development
and others)
Major achievements in FY2016
closed network
eavesdrop data leakage
Messenger App for business use
Reverse auction service
Purchase at reasonable
priceBuyer
Buyer
Az10 mins
Current price
TimeSupplier Supplier
SupplierSupplier
SettingsDivision A
Extension telephone networkLandline phone + Smartphone (for free)
Branch Client B
IP Phone software
Call with OABJ
in-coming call
HQClient A
in-coming call
Outing Outing
Transfervia ext. tel netowork
Kitting support tool for smartphone
Division B
automatic bulk kitting
Data entry
3 Solution Segment
Nihon Enterprise Co., Ltd. All rights reserved25
Advertising Agent Service Overseas
■ Developing distribution channels
which suitable for each contents
value
■ Provision of superior contents
■ Carrying out tie-up projects
■ Focusing on sales to enterprise
customers to increase sales
■ Opened “Yu Qiao Store” in
addition to existing two stores
(21st April 2016※1)
R&D in state-of-the-art technology
is aggressively proceeding
H E M SCarrying out product development
visualizing energy efficiency
Smar t
Agricul
t u r e
“Next generation food production
trial business” in Aizu-Wakamatsu
city, Fukushima prefecture (29th May 2015)
D r o n eWired multi drones controlling
technology “Doronet” (28th March 2016)
・Sales hit record through “adapting flexibly to market environment” and “achieving sales measurements firmly”
・ Provided superior contents including “All you can enjoy, from movies, dramas to cartoons” and “travel guide”.
・ YoY 190% up in number of mobile phone sold
(※1) FY2017 in China : From 1st April 2016 to 31st March 2017.
Major achievements in FY2016
Major achievements in FY2016Contents provisioning
Payment
CP NE Store
Sales consignment
Distribution to multiple stores
Sales
Customer
Try this!
Seems nice!
3 Solution Segment
Nihon Enterprise Co., Ltd. All rights reserved26
inaseri Co.,Ltd.
・ C o m p a n yn a m e
: inaseri Co.,Ltd.
・ President &C E O
: Yoshikatsu Hagiwara
・ A d d r e s s : 1-17-8 Shibuya, Shibuya-ku, Tokyo 150-0002 Japan
・ Established : 3rd June 2016
・ C a p i t a l : 75 Hundred Million Yen(Capital reserve: another 75 hundred million yen)
・ B u s i n e s s : Planning, development and operation of Metropolitan Central Wholesale Market,Tsukiji Market, Cooperative Association, Official EC service, “Inaseri”
・ Shareholder : Nihon Enterprise Co., Ltd. (100%)
The first EC business by cooperative association (app. 600 companies)
Wholesaler
Wholesaler
Wholesaler
Restaurant
and food shop
Restaurant
and food shop
Restaurant
and food shop
①put-up fish and sea food
based on the next day’s arrival info. ②order by 2:00 AM
③NIPPON EXPRESS works as a
forwarder, and transport
companies deliver each items to
food shops on the same day of
order closing
④ Payment
(Credit or Bank debit)
Kaimawari
Statio
In Toyosu
market
announce “Inaseri” service at joint press conference
(3rd
June 2016)
3 Solution Segment
Nihon Enterprise Co., Ltd. All rights reserved28
While sales will be driven by Solution Segment,
4.2% down due to influences by government regulations and
change in contents market situation.
With improving GOGS and shift in advertising strategy,
operating profit will rise by 50.2% and
38.6% for ordinary profit.
Net profit attributable to the parent company will down
58.7% YoY, as in previous FY extraordinary gains and losses
(gain on sale of investment securities) was added
FY2016FY2017
(forecast)
YoY
Difference Growth rate
Sales 5,530 5,300 ▲ 230 ▲4.2%
Operating profit 219 330 110 50.2%
Ordinary profit 252 350 97 38.6%
Net profit attributable
to the parent company 327 135 ▲ 192 ▲58.7%
Forecast
4 Forecast and Strategy
(MN Yen)
Annual dividend per stock(Forecast for FY2016):3.00Yen
Nihon Enterprise Co., Ltd. All rights reserved29
Music
Call Center
IoT
Sharing
Economy
Robot
Drone
SmartAgriculture
Fin
Tech
M2M
RingingTone
(song)
Automaticcar driving
Wearable
Expansion of Business Fields in smart
devise era
4 Forecast and Strategy
Strategy
IP phone
Messenger
TrafficInfo.
RingingTone
(melody)
Game
Decorationmail
E-book
IVR
Regionalrevitalization
Big data
My number
GPS
Security
3DVR
HEMS
AI
Nihon Enterprise Co., Ltd. All rights reserved30
http://www.nihon-e.co.jp/ir/
※View and forecast contained in this document are based on our assessment at the time of document issuance, and accuracy of the information is not guranteed.Please note that actual outcomes and results may differ materially from the information due to any changes caused by various factors.※In this document there are some rounding variances in calculations.
Nihon Enterprise
Earnings results, IR presentation materials, press release,
and company information are available at www.nihon-e.co.jp/ir/
also delivered via "timely disclosure alert mail" service.
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