Results Meeting Results Meeting for for 3rd Quarter of FY 2006 - - PowerPoint PPT Presentation
Results Meeting Results Meeting for for 3rd Quarter of FY 2006 3rd Quarter of FY 2006 (April 1, 2006 December 31, 2006) December 31, 2006) (April 1, 2006 February 9th, 2007 February 9th, 2007 Nippon Television Network Corporation
February 9th, 2007 February 9th, 2007 Nippon Television Network Corporation Nippon 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
statements, whether as a result of new information, future events
Financial highlights ........................................... P 04 Non-consolidated statement of income ............. P 06 Spot sales (Non-consolidated) ............................ P 8 Forecast for FY2006 ......................................... P 12 (Ref.) Forecast for CAPEX and Depreciation .... P 14 Programming .................................................... P 15 (Ref.) Viewer ratings ......................................... P 17
(Consolidated) (Consolidated)
sales decreased due to fewer volume of CD sales.
partnership and equity in net gains of subsidiaries and affiliates.
(Unit: Millions of yen)
44.4 12,982 8,990 Net income 7.2 24,125 22,496 Recurring profit △ 2.2 21,288 21,761 Operating income △ 3.6 254,433 264,005 Net sales
In/decrease (%) 9 months ended December 31, 2006 (Apr.-Dec.) 9 months ended December 31, 2005 (Apr.-Dec.)
（Unit : Millions of yen）
(Consolidated) (Consolidated)
15,293 70,182 54,888
Cash and equivalents at the end of period
11,792 △ 4,025 △ 15,817
Cash flow from financing activities
8,189 △ 8,319 △ 16,509
Cash flow from investing activities
2,878 23,159 20,281
Cash flow from operating activities In/ decrease (%) 9 months ended December 31, 2006 (Apr. – Dec.) 9 months ended December 31, 2005 (Apr. – Dec.)
(Non (Non-
consolidated)
though Events / Content business sales increased.
the interim period. 113.6 10,045 4,702 Net income 10.9 17,124 15,438 Recurring profit 2.1 14,652 14,348 Operating income △ 0.6 216,125 217,324 Net sales
In/decrease (%) 9 months ended December 31, 2006 (Apr.- Dec.) 9 months ended December 31, 2005 (Apr.- Dec.)
（Unit : Millions of yen）
★7,900 million yen of "loss on devaluation of investment securities" was recorded as extraordinary loss in FY2005.
( (Non Non-
consolidated ） ）
50,000 100,000 150,000 200,000 250,000
Apr.- Dec. '05 Apr.- Dec. '06
Time sales Spot sales
△ 6.6 △5,734 81,153 86,888 Spot sales △ 1.8 △1,899 103,098 104,997 Time sales △ 4.0 △7,634 184,251 191,885 Total
% Decrease 9 months ended December 31, 2006 (Apr.- Dec.) 9 months ended December 31, 2005 (Apr.- Dec.)
△ 5.6 △1,648 27,675 29,323 Spot sales 1.1 390 35,127 34,737 Time sales △ 2.0 △1,257 62,803 64,061 Total
% In/decrease 3 months ended December 31, 2006 (Oct.- Dec.) 3 months ended December 31, 2005 (Oct.- Dec.)
（Unit : Millions of yen） （Unit : Millions of yen）
Million
(Apr. (Apr.-
Dec.)
△ 15.4 31.84 Other 100.00 < Total > 13.3 3.93 Box-office / Entertainment 36.6 4.25 Sports / Hobby goods △ 6.5 5.91 Pharmaceutical △ 27.3 6.66 Finance △ 5.6 6.75 Alcohol 13.4 7.04 Non-Alcohol △ 1.7 7.08 Transportation/ Telecommunications △ 4.1 8.03 Automobile 3.7 9.23 Electronic equipment △ 2.5 9.28 Cosmetics/Toiletries Yoy (%) Share
15,000 30,000 45,000 60,000 75,000 90,000 Apr.- Dec. '05 Apr.- Dec. '06 Cosmetics/Toiletries Electronic equipment Automobile Transportation/ Telecommunications Non-Alcohol Alcohol Finance Pharmaceutical Sports/Hobby goods Box-
Other
Million
(Oct. (Oct.-
Dec.)
100.00 < Total > △11.60 32.00 Other △ 1.0 4.14 Cameras / Office equipment 13.7 4.54 Non-Alcohol △ 8.7 5.28 Alcohol 44.5 5.52 Sports / Hobby goods △ 43.1 5.56 Finance 4.9 6.53 Pharmaceutical 23.8 7.97 Transportation/ Telecommunications △ 3.1 8.23 Automobile △ 2.7 8.91 Cosmetics/Toiletries △ 4.8 11.32 Electronic equipment Yoy (%) Share
5,000 10,000 15,000 20,000 25,000 30,000 35,000 Oct.- Dec. '05 Oct.- Dec. '06
Electronic equipment Cosmetics/Toiletries Automobile Transportation/ Telecommunications Pharmaceutical Finance Sports/Hobby goods Alcohol Non-Alcohol Cameras/Office equipment Other
Million
（ （ Non Non-
consolidated ） ）
5,000 10,000 15,000 20,000 25,000 Apr.- Dec. '05 Apr.- Dec. '06
Apr.- Sep. Oct.- Dec.
56.5 3,135 8,685 5,550 Total
% Increase 3 months ended December 31, 2006 (Oct.- Dec.) 3 months ended December 31, 2005 (Oct.- Dec.)
44.0 6,579 21,548 14,968 Total
% Increase 9 months ended December 31, 2006 (Apr.- Dec.) 9 months ended December 31, 2005 (Apr.- Dec.) （Unit : Millions of yen） （Unit : Millions of yen）
Million
（ （ Non Non-
consolidated ） ）
30,000 60,000 90,000
Apr.- Dec. '05 Apr.- Dec. '06 Apr.- Sep. Oct.- Dec.
△0.3 △96 27,703 27,800 Total
% Decrease 3 months ended December 31, 2006 (Oct.- Dec.) 3 months ended December 31, 2005 (Oct.- Dec.)
△1.1 △942 83,470 84,413 Total
% Decrease 9 months ended December 31, 2006 (Apr.- Dec.) 9 months ended December 31, 2005 (Apr.- Dec.) （Unit : Millions of yen） （Unit : Millions of yen）
Million
(Unit : Millions of yen)
≪ Net sales / Operating income / Recurring profit / Net income ≫
12,500 22,000 19,500 330,000 Previous Forecast
(As of Nov.16, 2006)
14,000 26,000 23,000 336,000 Revised Forecast Net income Recurring profit Operating income Net sales ＜Consolidated＞ 8,500 15,000 11,500 282,000 Previous Forecast
(As of Nov.16, 2006)
10,000 18,000 15,000 285,000 Revised Forecast Net income Recurring profit Operating income Net sales ＜Non-consolidated＞
(Unit : Millions of yen)
★As of February 8, 2007
23,000 313,000 336,000 Consolidated △ 14,100 5,200 △ 8,900 Elimination/Corporate 37,100 307,800 344,900 Subtotal 1,600 11,500 13,100 Other 4,500 60,500 65,000 Cultural Activities 31,000 235,800 266,800 Television Broadcasting Operating income Operating expenses Net sales
≪ Business Segment ≫
(Unit : Millions of yen)
★As of February 8, 2007
14.7 7.6 FY2006 Depreciation CAPEX <Consolidated>
(Unit : Billions of yen) (Unit : Billions of yen)
10.5 8.4 FY2010 10.9 8.9 FY2009 11.5 9.7 FY2008 11.9 6.3 FY2007 13.4 7.1 FY2006 Depreciation CAPEX <Non-consolidated>
★As of February 8, 2007
April 2007 programming reforms April 2007 programming reforms
profitability through four major reforms within two years. Prime and Golden time slots (part 2), Supplement all time slots ＊April 2008 Non-prime time slots ＊October 2007 Golden and Prime time slots Changing 36% of Prime time slot ＊April 2007 Introduced "News ZERO“ in 23:00 time slot ＊October 2006
Introduce nine new programs in Prime and Golden time slots
① Increase drama slots to three
Tuesday 22:00 "Sexy Voice and Robo"…New drama slot Wednesday 22:00 "Bambino!" Saturday 21:00 "Kuitan 2“
② Family-oriented programs on Saturday and Sunday
"Tensai! Shimura Zoo“ moves to Saturday 19:00 time slot Sunday 20:00 "Sekai no Hatemade Itte Q"…special program that earned high viewer ratings. Started with 13.0% on February 4th
③ New time slot for specials and innovative programs ④ Start three new variety programs
Tuesday 19:00 "Dream Vision" (tentative title) Tuesday 21:00 "Quiz!? Oriental Radio ★ System" (tentative title) Wednesday 20:00 "Imada Housing!!"…from March 7th
⑤ Broadcasting for Yomiuri Giants baseball games
Broadcast not only on terrestrial but on all media platforms including BS and CS.
（Jan. 2, 2006 – Dec. 31, 2006 / 52 weeks）
Source: Video Research
38.2 2.6 6.4 8.1 6.4 7.7 Last year
Non-prime time
67.8 8.3 12.7 14.1 12.7 12.8 Last year
66.9 7.7 13.2 14.3 12.8 13.0 Last year
44.6 3.7 7.9 9.5 7.8 8.8 Last year
HUT TX EX CX TBS NTV
（Apr. 3, 2006 – Jan. 28, 2007 / 43 weeks）
Source: Video Research
38.0 2.6 6.3 8.0 6.5 7.6 Last year
Non-prime time
67.5 8.3 12.7 14.3 12.7 12.5 Last year
66.7 7.7 13.2 14.6 12.7 12.7 Last year
44.4 3.7 7.8 9.5 7.9 8.8 Last year
HUT TX EX CX TBS NTV