スライド 1

Financial Report for
FYE March 31, 2014
May 9, 2014
Hiroshi Hayakawa
President
Start of Operation under a Certified
Broadcasting Holding Company Structure
TV Asahi
Holdings
Corporation
holding100％
TV Asahi
Corporation
Asahi Satellite
Broadcasting, Ltd.
CS One Ten, Ltd.
Group Companies
TV Asahi Productions
TV Asahi Service Co., Ltd.
TV ASAHI MUSIC CO., Ltd.
VIDEO PACK NIPPON CO., LTD.
FLEX Co., Ltd.
Japan Cable Television, Ltd.
SHIN-EI ANIMATION Co., Ltd.
HOSOGIJYUTSUSHA CO., LTD.
ROPPING LIFE Co., Ltd.
TAKESYSTEMS Co., Ltd.
TRUST NETWORK INC.
TV Asahi Create corporation
TV ASAHI AMERICA, Inc.
TV Asahi Ask Co., Ltd.
TV Asahi mediaplex
corporation
TV Asahi BEST Co., Ltd.
TOEI ANIMATION Co., Ltd.
Bunkakobo, inc.
Media Mix Japan Co., Ltd.
Equity-method affiliates
3
Topics for FY2014
Last FY of Digital5Vision<Management Plan FY2012-2014>
Note: “FY2014” refers to the fiscal year ending March 31, 2014 and all other fiscal years are referred to in the same manner.
Viewer Ratings
No. 1 in Golden Time and Prime Time in 2013
No. 1 in Prime Time in FY2014 for a second consecutive fiscal year
2013 Annual (Dec.31, 2012～Dec.29, 2013）
TV Asahi
NTV
TBS
Fuji TV
TV Tokyo
All Day
②
7.8
＋0.1 ①
8.0
±0.0 ④
6.4
‐0.2 ③
6.9
‐0.5 ⑤
2.9
±0.0
Golden Time
①
12.1
‐0.1 ②
12.0
‐0.3 ④
9.9
＋0.5 ③
10.5
‐1.0 ⑤
7.0
＋0.3
Prime Time
①
12.3
‐0.2 ②
11.9
‐0.3 ④
9.8
＋0.3 ③
10.7
‐0.9 ⑤
6.6
＋0.3
Prime2
①
8.2
‐0.1 ②
6.3
＋0.4 ④
4.5
‐0.3 ③
5.3
‐0.7 ⑤
2.7
‐0.1
FY2014 (Apr.1, 2013～Mar.30, 2014）
TV Asahi
NTV
TBS
Fuji TV
TV Tokyo
All Day
②
7.7
‐0.1 ①
8.1
＋0.2 ④
6.2
‐0.4 ③
7.0
‐0.1 ⑤
3.0
＋0.1
Golden Time
②
11.8
‐0.6 ①
12.1
±0.0 ④
9.7
＋0.2 ③
10.5
‐0.4 ⑤
7.2
＋0.4
Prime Time
①
12.1
‐0.6 ②
12.0
＋0.1 ④
9.6
±0.0 ③
10.8
‐0.2 ⑤
6.8
＋0.4
Prime2
①
7.8
‐0.7 ②
6.4
＋0.6 ④
4.5
‐0.2 ③
5.4
‐0.1 ⑤
2.8
±0.0
Note: Numbers in circle refers to ranking among commercial stations.
（Source：Video Research）
5
Advertising Revenue
Backed by high viewer ratings,
achieved sharp increase in advertising revenue
TV Advertising Revenue (total)
(bn of yen)
Share in the Tokyo Spot Sales Market
（％）
(outlook)
Lehman
Shock
FY2011
FY2012
FY2013
FY2014
6
Numeric Target
Net sales reached a new record high
new record high
(bn of yen)
(bn of yen)
250
12.5
net sales
operating income
(consolidated)
(consolidated)
7
Infrastructure
Consolidated corporate governance structure
and operating base

Completion of Gochan Square (Nov, 2013)
・ (EX TOWER) Affiliated companies concentrate in Roppongi
・ (EX THEATER ROPPONGI) A base for transmitting new culture and information

Completion of Integrated Master Broadcasting Facility
(Terrestrial & BS) (Dec, 2013)

Transition to Certified Broadcasting Holding Company
Structure (Apr, 2014)
・ Organic collaboration
among and integrated
operation of terrestrial,
BS, and CS broadcasting
・ Development of a structure
to cultivate new
business fields
8
Plans for FY2015
First FY of Digital5Vision 2ndSTAGE
VISION
2ndSTAGE
FY2015-FY2019
≪5 Media Strategy≫
Sustaining superior position in terrestrial / BS / CS (Core Businesses).
Expanding non-broadcast businesses by designating
Internet & “Media City” as growth businesses.
10
Growth Businesses(“Media City”)
Holding of a large-scale festival
based at Roppongi Hills
Roppongi Hills
In addition to linkage with TV Asahi’s
popular regular programs, the festival will
coincide with special programming similar
to 55 Hours TV
Holding of appealing events at
EX THEATER as well
Corporate
Headquarters
11
11
Growth Businesses(Internet,“Media City”)
 Integrate the “Content Business Division” and “Special Projects
and Events Division” into the “Business Division”, to create a
structure that facilitates multifaceted content distribution.
 Introduction of a department specializing in internet media (Tele
Asa Douga, News EX, new businesses, etc.).
Content Business
Division
Integration
Special Projects
and Events
Division
Business Division
Business department
specializing
in net media
12
Core Businesses(Terrestrial)
The first major programming change in four years
10:00
11:00
Wakadaisho’s Yuuyuu Sanpo
(Drama Repeat)
Wakadaisho’s Yuuyuu Sanpo
Wide!Scramble Part1
Wide!Scramble Part1
12:00
Tetsuko no Heya
Wide!Scramble Part2
Emiko Kaminuma’s Oshaberi Cooking
Wide!Scramble Part2
13:00
Emiko Kaminuma’s Oshaberi Cooking
Tetsuko no Heya
14:00
(Drama Repeat)
(Drama Repeat)
 Tetsuko no Heya moved to 12:00
 Programming centered on news and talk shows in the morning
and drama repeats in the afternoon
13
Core Businesses(Terrestrial)
Changes to Golden Time and late night variety programming
Mon
Tue
Wed
Fri
Sat
Sun
Osamu
Hayashi’s
IMADESYO!
KOUZA
19:00
Keiji 110 kiro
(Hidehiko
Ishizuka)
20:00
21:00
Thu
TEAM
(Yukiyoshi
Ozawa)
Ikegami Akira
Kaisetsu juku
BORDER
(Shun Oguri)
22:00
Shinigami-kun
(Satoshi Ono)
23:00
TV Tackle
24:00
Iinikui Koto wo
Hakkiri Iu ＴＶ
Kiss Hama TV
new variety program
Hajimete ○○
Yattemita
Are wa
Sugokatta!!
Shinobu
Sakagami’s
Seicho-man!!
new drama program
14
Core Businesses(Terrestrial)
Broadcasting schedule jam-packed with
highly anticipated soccer programs
FIFA Women’s World CUP Canada 2015™ Final Qualifiers
AFC Women's Asian Cup 2014
Starts
May 14
1st match: 5/14 (Wed.) Japan vs Australia
2nd match: 5/16 (Fri.) Japan vs Vietnam
3rd match: 5/18 (Sun.) Japan vs Jordan
2014 FIFA World Cup Brazil™
JAPAN vs Columbia
June 25 broadcast
AFC Asian Cup Australia 2015
Starts January 12, 2015
15
Core Businesses(BS,CS)
Planned programming featuring major sports programs including
Pan Pacific Swimming Championships 2014 (starts Aug. 21),
FIA Formula-e CHAMPIONSHIP (starts Sept. 13), and
ISU Grand Prix of Figure Skating (scheduled for Oct. to Dec.)
(As of April 30, 2014)
16
Non-broadcast businesses
Key Initiatives in 1H
Gamushara J’s Party!!
EX
THEATER
(Planned to be held monthly at EX THEATER)
A joint event project by Johnny's Jr. and EX THEATER Roppongi.
Collaboration with terrestrial and CS broadcasting starting in April.
Aibou (PARTNERS) THE MOVIE 3
April 26 release.
Attendance of over 1.13 million
and box-office revenue exceeding 1.4 billion yen
for the first 13 days after release. (As of May 8, 2014)
Regular animation movies
also highly popular!
movie
© 2014 AIBOU (PARTNERS) THE MOVIE 3
“Doraemon THE MOVIE: Shin Nobita no Daimakyou” (March 8 release) has
box-office revenue exceeding 3.5 billion yen. (As of May 6, 2014)
“Crayon Shin-chan THE MOVIE Gachinko! Gyakushu no Robo-tochan” (April 19
release) is performing well, 38% above the previous title in the series. (As of May 6, 2014)
17
Non-broadcast businesses
Key Initiatives in 1H
NINJA HATTORI Indian Version
anime
Broadcast of the second series to start in April.
New production orders placed to Malaysia and Korea, in addition to
India. Furthermore, DVD launch and dVideo distribution of the
reimported Japanese language version of the first series.
PAUL McCARTNEY OUT THERE JAPAN TOUR
May 17 (Sat.) and 18 (Sun.) at National Stadium.
Early realization of a highly anticipated return to Japan.
TOKYO METROPOLITAN ROCK FESTIVAL 2014
event
May 24 (Sat.) and 25 (Sun.) at Shinkiba Wakasu Park.
Held for a second year by popular demand , with tickets sold out on
the first day.
18
FY2015 Forecast
Consolidated
(mm of yen)
1H
Net Sales
Annual
FY2014
FY2015
YoY
YoY(%)
FY2014
FY2015
131,279
138,500
＋7,220
＋ 5.5%
267,928
281,500
9,663
6,500
△3,163
△32.7%
17,748
18,000
＋
251 ＋1.4%
10,850
6,800
△4,050
△37.3%
19,751
18,800
△
951 △4.8%
5,593
5,200
△ 393
△ 7.0%
11,678
12,200
＋
521 ＋4.5%
Operating Income
Recurring Profit
Net Income
Ad Revenue
YoY
＋13,571 ＋5.1%
1H
2H
Annual
Network Time
＋2.5%
△0.3%
＋1.1%
Spot
＋3.2%
＋2.2%
＋2.7%
Total
＋2.9%
＋1.1%
＋2.0%
Production Costs
(mm of yen)
YoY(%)
FY2014
FY2015
YoY
YoY(%)
82,362
86,495
＋4,132
＋5.0%
19
Dividend per Share
End of 2Q
End of FY
Common Dividend
Common Dividend
FY2013
1,000
10
FY2014
10
10
FY2015
(Outlook)
15
15
(yen)
Special / Commemorative
Dividend
10
(Special)
10
(Commemorative)
-
Note: Effective October 1, 2012, TV Asahi Corporation conducted a 1:100 share split. The figure for the
dividends per share at the end of the second quarter of FY2013 shows the amount of the actual
dividend distributed before the share split.
20
Masaya Fujinoki
Executive Director,
General Manager of
Corporate Strategy Division
Results for FY2014
Consolidated
Net Sales
Operating Income
Recurring Profit
Net Income
(mm of yen)
FY2013
253,774
13,415
15,708
9,030
FY2014
267,928
17,748
19,751
11,678
YoY
＋14,153
＋ 4,332
＋ 4,042
＋ 2,647
Non-Consolidated
FY2013
Net Sales
Operating Income
Recurring Profit
Net Income
FY2014
YoY
YoY(%)
＋ 5.6%
＋32.3%
＋25.7%
＋29.3%
(mm of yen)
YoY(%)
217,662
226,841
＋9,178
＋ 4.2%
8,619
12,170
＋3,550
＋41.2%
10,624
14,695
＋4,070
＋38.3%
6,330
9,221
＋2,890
＋45.7%
22
Sales and Income by Segment
(Consolidated)
＋4.0
＋8.8
＋1.7
＋4.5 ＋0.4
Adjustments
Other
Businesses
Adjustments
267.9
Other
Music Businesses
Publication
13.4
17.7
Music
Publication
TV
Broadcasting
△0.7
TV
Broadcasting
253.7
Net Sales
Operating
Income
(bn of yen)
(bn of yen)
23
TV Broadcasting Business
(mm of yen)
FY2013
FY2014
YoY
Net Sales
222,846
231,735
＋8,888
＋ 4.0%
Network Time
89,047
87,950
△1,097
△ 1.2%
Spot
94,911
103,486
＋8,574
＋ 9.0%
Sales of Programs
12,843
12,819
△
24
△ 0.2%
Other
26,043
27,480
＋1,436
＋ 5.5%
10,505
15,096
＋4,591
＋43.7%
Operating Income
YoY(%)
 Other revenue increased due to factors including the impact of secondary
use revenue at SHIN-EI ANIMATION.
24
Time Sales Revenue
(mm of yen)
FY2013
FY2014
YoY
YoY(%)
1Q
22,201
21,527
△
673
△ 3.0%
2Q
22,977
21,688
△ 1,289
△ 5.6%
45,178
43,215
△ 1,963
△ 4.3%
3Q
22,297
23,066
＋
769
＋ 3.4%
4Q
21,571
21,668
＋
97
＋ 0.5%
2H
43,868
44,734
＋
866
＋ 2.0%
Annual
89,047
87,950
△1,097
△1.2%
1H
Major Differences in 4Q (Jan.-Mar.)
 Revenue increased due to the impact of
unit price increases for regular
programs and Sochi 2014 Olympics
and 55th anniversary special programs,
despite the absence of revenues from
2014 FIFA World Cup Brazil™ Final
Asian Qualifiers, WBC and other
programs aired in FY2013.
(％)
Year on Year Growth
FY2013
FY2014
25
Spot Sales Revenue
(mm of yen)
FY2013
FY2014
YoY
YoY(%)
1Q
24,916
26,888
＋ 1,972
＋ 7.9%
2Q
19,741
22,318
＋ 2,577
＋ 13.1%
44,658
49,207
＋ 4,549
＋ 10.2%
3Q
25,749
27,007
＋ 1,258
＋ 4.9%
4Q
24,504
27,271
＋ 2,766
＋ 11.3%
2H
50,253
54,279
＋ 4,025
＋ 8.0%
Annual
94,911
103,486
＋ 8,574
＋ 9.0%
1H
Share in
the Tokyo Spot Sales Market
4Q(Jan.-Mar.)：
FY2014：
Year on Year Growth
(％)
24.1%（YoY＋1.2）
23.5%（YoY＋1.3）
Note: Share figures are estimated figures.
2013
2014
26
Program Production Costs
FY2013
(mm of yen)
FY2014
YoY
YoY(%)
1Q
20,190
20,025
△ 165
△0.8%
2Q
21,678
20,067
△1,610
△7.4%
41,868
40,092
△1,775
△4.2%
3Q
20,341
21,410
＋1,069
＋5.3%
4Q
20,670
20,859
＋ 189
＋0.9%
2H
41,011
42,270
＋1,258
＋3.1%
Annual
82,879
82,362
△ 517
△0.6%
1H
Major Differences in 4Q (Jan.-Mar.)
 Production costs increased due to production costs for Sochi 2014 Olympics,
55th anniversary special programs, and other programs, despite the absence
of costs for 2014 FIFA World Cup Brazil™ Final Asian Qualifiers, WBC, and
major sports programs broadcast in FY2013.
27
Music Publication Business
FY2013
FY2014
Net Sales
7,708
Operating Income
1,335
(mm of yen)
 Sales and income
increased sharply due to
1H national tours of
KETSUMEISHI, SHONAN
NO KAZE, and SONAR
POCKET.
 SONAR POCKET
remained highly active
even after the national tour.
Furthermore, the Music-ru
FES 2014 program event
was held in March.
YoY
YoY(%)
11,787
＋4,078
＋52.9%
1,820
＋ 485
＋36.4%
KETSUMEISHI’s
national tour
SHONAN NO KAZE’s
national tour
28
Other Businesses
(mm of yen)
FY2013
FY2014
Net Sales
35,416
1,674
Operating Income
YoY
YoY(%)
37,161
＋1,745
＋ 4.9％
895
△ 779
△46.5％
Sales of Major Other Businesses
FY2013
Shopping
CS
Special Events
Internet Related
Motion Pictures
DVD
8,408
4,138
3,372
3,217
2,523
2,528
FY2014
8,762
4,213
4,161
3,882
2,431
2,566
(mm of yen)
YoY
＋353
＋ 75
＋788
＋664
△ 92
＋ 38
YoY（％）
＋ 4.2%
＋ 1.8%
＋23.4%
＋20.7%
△ 3.7%
＋ 1.5%
29
Major Other Businesses
Shopping
ＣＳ
Special
Events
 Revenue increased, driven by sales of kitchen merchandise and BAGU MATS (chair
cushions) as well as TAPING SPATS (leggings), jewelry from department stores and
other products, along with sharp increases in BS Asahi’s YuuYuu Sanpo and catalog
sales.
 Revenue rose steadily on an increase in the number of subscribers attributable to
brand image integration, reinforced collaboration with terrestrial broadcasting,
enhancement of sports content, and other factors.


Revenue increased thanks to the hugely successful TV Asahi DREAM FESTIVAL
2013 and PAUL McCARTNEY OUT THERE Japan Tour 2013.
The EX THEATER Roppongi opening series was also highly successful.
Internet
Related
 Revenue increased on sharply higher sales of Tele Asa Douga and other videorelated items.
 The au Headline site saw a steady increase in the number of visitors and also
contributed to the revenue increase.
Motion
Pictures
 Revenue decreased on sluggish growth in revenue from secondary use of Rider- and
Sentai-related content, despite solid performance fromＴＲＩＣＫ The Movie, LAST
STAGE, released in January, as well as Doraemon THE MOVIE and Aibou(Partners)
X DAY, highly successful movies released in March 2013.
ＤＶＤ
 Revenue increased on strong sales of the movies Tantei wa Bar ni Iru 2, Kita no
Canaria-tachi, and TRICK.
 Profit decreased due to the impact of lower sales of high-margin titles, such as the
Ame-Talk series.
30
Capex and Depreciation
(bn of yen)
Capex
FY2014
YoY
YoY(%)
Outlook for
FY2015
Consolidated
22.20
＋12.11
＋120.1%
Consolidated
9.75
Nonconsolidated
20.46
＋10.81
＋112.1%
TV Asahi
Corporation
9.70
Depreciation
(bn of yen)
FY2014
YoY
YoY(%)
Outlook for
FY2015
Consolidated
9.53
＋0.50
＋5.6%
Consolidated
9.96
Nonconsolidated
8.75
＋0.31
＋3.8%
TV Asahi
Corporation
9.25
31
Reference Materials
Viewer Ratings
Winter Programming Season (Dec.30, 2013～Mar.30, 2014）
TV Asahi
NTV
TBS
Fuji TV
TV Tokyo
All Day
②
7.7
‐0.6 ①
8.6
＋0.3 ④
6.1
‐0.8 ③
7.3
＋0.4 ⑤
3.4
＋0.4
Golden
Time
②
11.8
‐1.1 ①
12.8
＋0.4 ④
9.7
‐0.8 ③
10.5
±0.0 ⑤
7.9
＋1.0
Prime Time
②
12.3
‐0.8 ①
12.6
＋0.5 ④
9.5
‐1.0 ③
10.7
＋0.1 ⑤
7.4
＋0.8
Prime2
①
7.8
‐1.3 ②
6.7
＋0.6 ④
4.8
＋0.1 ③
5.6
＋0.6 ⑤
3.0
＋0.1
Spring Programming Season (Mar.31, 2014～May.4, 2014）
TV Asahi
NTV
TBS
Fuji TV
TV Tokyo
All Day
②
7.1
‐0.9 ①
8.1
＋0.2 ④
5.9
‐0.3 ③
6.7
‐0.3 ⑤
3.0
＋0.1
Golden
Time
②
10.2
‐1.6 ①
11.9
＋0.3 ④
10.1
＋0.8 ②
10.2
‐0.6 ⑤
7.1
±0.0
Prime Time
②
10.8
‐1.5 ①
12.0
＋0.4 ④
10.1
＋1.0 ③
10.4
‐0.7 ⑤
6.8
＋0.1
Prime2
①
7.4
‐1.3 ②
6.8
＋0.7 ④
4.9
＋0.6 ③
5.1
‐0.5 ⑤
3.2
＋0.5
Note: Numbers in circle refers to ranking among commercial stations.
（Source：Video Research）
33
Viewer Ratings Trend
（％）
Prime Time
(7pm-11pm)
Golden Time
(7pm-10pm)
Prime 2
(11pm-1am)
All Day
(6am-midnight)
（Source：Video Research）
34
Spot Industry Information
FY2014 4Q (Jan. – Mar.)
YoY
Utilities
Foods
Pharmaceuticals
Cosmetics & Detergents
Clothing
Publishing
Construction & Engineering
Hi-Tech Precision Equipment
Consumer Electronics
Automobiles
Homeware
Housing & Housing Materials
Retail
Finance & Insurance
Service & Entertainment
Others
Total
68.2%
104.9%
129.4%
133.9%
124.5%
111.5%
32.2%
130.8%
136.6%
117.5%
77.6%
121.8%
107.6%
111.5%
109.1%
104.8%
111.3%
Share
0.4%
15.4%
5.9%
4.8%
1.9%
5.7%
0.1%
2.4%
2.9%
9.8%
3.5%
5.2%
4.2%
9.8%
24.2%
4.0%
FY2013 4Q (Jan. – Mar.)
YoY
113.4%
85.1%
89.1%
84.0%
75.4%
145.4%
136.7%
73.1%
59.3%
86.2%
138.0%
135.3%
105.1%
130.3%
114.5%
129.4%
Share
0.7%
16.3%
5.0%
4.0%
1.7%
5.7%
0.2%
2.0%
2.4%
9.3%
5.0%
4.8%
4.3%
9.8%
24.7%
4.2%
102.5%
35
Future Topics for Other Businesses
Special
Events
5/17,18
PAUL McCARTNEY OUT THERE JAPAN TOUR 2014 in Tokyo
5/24,25
TOKYO METROPOLITAN ROCK FESTIVAL 2014
6/9-7/6
Musical “OCEAN’S ELEVEN”
6/21,22
Aibou(PARTNERS)’s CONCERT -HIBIKI-
7/12-9/7 Special Exhibition “Gaudi × Takehiko Inoue”
5/28 Aibou(PARTNERS) pre season (Blu-ray Disk)
DVD
5/28 GET SPORTS –Proyakyu Intai Special7/11 NINJA HATTORI RETURNS
7/16 TRICK The Movie, LAST STAGE & TRICK Shinsaku Special 3
Investment
In Motion
Pictures
4/26
5/30
7/19
8/8
tv asahi 55th anniversary Aibou(PARTNERS) THE MOVIE 3
Barairo no Bu-ko
KAMEN RIDER GAIM THE MOVIE / Ressha Sentai ToQger THE MOVIE
STAND BY ME Doraemon
36
Financial outlooks and other figures that are not historical facts are based on
information available at the time of announcement. Please be informed that actual
results may differ due to various factors in the business environment. As such,
actual results may differ from the forecasts given in this document and guarantees
are not made to achieving the announced results.
For further information regarding this document, please contact:
Investor Relations, Corporate Strategy Department
TV Asahi Holdings Corporation
Tel: +81-3-6406-1115
Homepage Address: http://www.tv-asahihd.co.jp/e/contents/IR/index.html