results meeting for 1 quarter of fy2009 (april 1 – june 30, 2009) › english › › ir › pdf...
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Results Meetingfor 1st Quarter of FY2009(April 1 – June 30, 2009)
August 5, 2009Nippon Television Network Corporation
Statements made in this presentation with respect to NTV' s current plans, strategies and beliefs as well as other statements that are not historical facts are forward-looking statements. Such forward-looking statements are based on management's assumptions and beliefs in light of the information currently available to it. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements, and therefore you should not place undue reliance on them. We do not intend to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable laws.
Operating Results
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Non-consolidated FY08 1Q FY09 1Q %
Net sales 69,373 61,747 △11.0
Operating income 1,886 5,425 187.5
Recurring profit 3,062 6,588 115.2
Net income 1,299 4,083 214.2
Consolidated FY08 1Q FY09 1Q %
Net sales 80,252 69,086 △13.9
Operating income 2,874 4,719 64.2
Recurring profit 4,004 6,076 51.7
Net income 1,505 3,875 157.4
(Unit: Millions of yen)
(Unit: Millions of yen)
TV Broadcasting Sales(Non-consolidated)
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FY08 1Q FY09 1Q Decrease %
Total 58,680 50,118 △8,561 △14.6
Time 32,455 27,007 △5,447 △16.8
Spot 26,225 23,111 △3,114 △11.9
(Unit: Millions of yen)
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FY08 1Q FY09 1Q
Spot
Time
Events/Content Business Sales(Non-consolidated)
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Business Type FY09 1Q %
Events Events 1,576 24.8
TVBS・CS・CATV・Others
1,386 6.7
Content
Rights 375 △22.0OverseasSales 191 △44.1
Media Commerce 2,176 55.5
Publications 139 △24.5
Movies 2,118 7.5
Others 64 △34.0
Total 8,025 14.1
(Unit: Millions of yen)
FY08 1Q FY09 1Q Decrease %
Production Costs 30,641 23,259 △7,381 △24.1
Production Costs(Non-consolidated)
6FY08 1Q FY09 1Q
(Unit: Millions of yen)
Forecast for FY2009
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1st Half Net Sales Operating Income
Recurring Profit Net Income
Consolidated 143,700 1,700 3,800 1,900
Non-consolidated 122,600 500 2,500 1,300
Preconditions 1H 2H Fiscal year
Time △16.9% △10.0% △13.5%
Spot △13.0% △8.0% △10.5%
Production Costs △18.5% △5.7% △12.7%
Dividends InterimPeriod
End of Period Yearly
FY 09 90 90 180
FY 08 90 90 180
Fiscal year Net Sales Operating Income
Recurring Profit Net Income
Consolidated 291,900 10,500 14,200 7,800
Non-consolidated 249,400 7,700 10,700 5,900
(Unit: Millions of yen)
(Unit: Millions of yen)
(Unit: Yen)
Forecast figures are the same as those reported in May 2009
CAPEX and Depreciation
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FY09 1Q CAPEX Depreciation
Consolidated 0.2 2.3
Non-consolidated 0.1 2.0
Forecast figures are the same as those reported in May 2009
Forecast for 2009 CAPEX Depreciation
Consolidated 5.1 10.2Non-consolidated 4.5 9.2
(Unit: Billions of yen)
(Unit: Billions of yen)
Ratings Topics
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Fiscal yearly 2009 (3/30/2009-7/26/2009)
NTV TBS CX EX TX HUT
All Day 8.1↑ 6.3 8.4 7.7 3.2 41.8
Last year 7.9 7.2 8.5 7.6 3.5 42.5
Prime time 12.3↑ 9.8 13.2 11.8 6.7 62.5
Last year 12.1 11.0 13.6 11.6 7.4 64.1
Golden time 12.0 9.7 13.1 11.0 7.1 63.7
Last year 12.0 11.2 13.6 10.8 7.8 65.5
Non-prime time 6.9↑ 5.3 7.0 6.5 2.2 35.9
Last year 6.8 6.2 7.0 6.4 2.4 36.3
Result of Programming Reformsfor April ①
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Result of Programming Reformsfor April ②
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Result of Programming Reformsfor April ③
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Improvement of Corporate Capability Programming Reforms for October
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Based on positive corporate capability reform results, continue strengthening weak points while conducting minimal reforms
“Ladies’ night” every Tuesday
Wed 22:00-F1 and F2-geared drama with a woman as the main character
Sat 21:00-Family-oriented school drama
20:00 “DANCING SANMA PALACE”21:0022:00 “Majotachi no 22ji”
End program 2 minutes earlier at 19:56!Strengthen content
Program Production
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April May June July (forecast)
Spot sales yoy △13.4% △11.3% △10.8% about △5%
Share 23.5% 23.3% 23.2% about 24%
Sales Strategies ①
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Share NTVJuly 2008 22.6%
July 2009 (forecast) about 24%In/decrease 1.4↑
Sales Strategies ②Time Ad Sales Countermeasures
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Restructuring Strategy for VAP Inc.
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We aim to reinforce our alliances among the NTV Group. To present, we have been collaborating with our subsidiary company VAP Inc. in films, drama series and variety shows, etc. Under these current severe market conditions, we will strengthen our support.
VAP’s Approach ①
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Comparison chart of DVD software sales
Compared to May 2008Sell-through 58.2%Rental 100%
Source: Japan Video Software Association (JVA)
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VAP’s Approach ②
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20th Century Boys –Chapter 2 –DVD release date: August 28
Content Strategy: Advancing Overseas
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a
“Reversed Black Ships” Sail from NTV to the World
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First broadcast of ”Reversed Black Ships”
Scene from studio
“Reversed Black Ships” Sail from NTV to the World
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“Revenge of the Pie”
Reference Materials for Financial Results
Spot SalesFY09 1Q Share % FY08 1Q Share %
1 Cosmetics/Toiletries 10.7 △ 6.2 Cosmetics/Toiletries 10.0 △ 3.12 Pharmaceutical 8.9 3.4 Non-alcohol 8.6 △ 11.03 Non-alcohol 7.9 △ 19.0 Alcohol 8.4 △ 6.04 Alcohol 7.8 △ 18.0 Electronic equipment 8.2 △ 5.05 Electronic equipment 7.6 △ 18.5 Pharmaceutical 7.6 4.56 Automobile 5.9 △ 26.7 Automobile 7.1 △ 1.27 Service 5.7 0.8 Transportation/
Telecommunications 7.0 △ 6.1
8 Transportation/Telecommunications 5.7 △ 28.5 Service 5.0 3.6
9 Foods (Dairy product/Seasoning) 5.6 6.9 Foods (Other) 4.8 0.4
10 Box-office/Entertainment 5.1 7.6 Foods(Dairy product/
Seasoning) 4.6 △ 12.2Other 29.1 △ 10.6 Other 28.7 △ 19.3Total 100.0 Total 100.0
Forecast for Business Segments
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Fiscal year Television Broadcasting
Cultural Activities Other Elimination/
Corporate Consolidated
Net sales 219,100 66,200 15,000 △8,400 291,900
Operating income 18,100 2,800 2,600 △13,000 10,500
1st Half TelevisionBroadcasting
Cultural Activities Other Elimination/
Corporate Consolidated
Net sales 106,400 34,300 7,000 △4,000 143,700
Operating income 5,900 1,100 1,200 △6,500 1,700
Forecast figures are the same as those reported in May 2009
(Unit: Millions of yen)
(Unit: Millions of yen)
Viewer Ratings
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NTV TBS CX EX TX HUT
All Day 8.4↑ 7.0 8.6 7.9 3.3 43.0
Last year 8.3 7.4 8.7 7.7 3.7 43.3
Prime time 12.6↑ 10.3 13.4 12.3 6.9 63.8
Last year 12.4 11.3 13.6 11.8 7.7 64.6
Golden time 12.4↑ 10.3 13.4 11.6 7.3 65.0
Last year 12.3 11.4 13.7 11.0 8.1 66.0
Non-prime time 7.2↑ 6.1 7.2 6.7 2.3 37.1
Last year 7.1 6.3 7.2 6.5 2.5 37.2
Yearly 2009 (12/29/2008-7/26/2009)
NTV Content Floods Overseas Airwaves
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U.K. version of “Money no Tora” titled “Dragons’ Den” Season 6
Photographer: Rolf Marriott
NTV Content Floods Overseas Airwaves
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U.S. version “Silent Library”logo
Main Movie Lineup for FY09
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Title Release date Distributor
Head Organizer
GOKUSENTHE MOVIE July 11th TOHO
Head Organizer SUMMER WARS August 1st WARNER BROS.
Head Organizer
20th Century Boys -Chapter 3- August 29th TOHO
Head Organizer Kaiji October 10th TOHO
Head Organizer
Boku no Hatsukoi wo Kimi ni Sasagu October 24th TOHO
Head Organizer Nakumonka November 14th TOHO
Head Organizer BANDAGE January 2010 TOHO