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2020/02/05 FY Ending March 2020 3Q Results / Appendix FY Ending March 2020 3Q Results / Appendix February 5, 2020 [Disclaimer] The contents of this material and comments made during the questions and answers etc. of this briefing session are the judgment and projections of the Company’s managements based on currently available information. These contents involve risk and uncertainty and the actual results may differ materially from these contents/comments. © SEGA SAMMY HOLDINGS INC. All Rights Reserved. Results Highlights 3Q Results Forecast Both sales and profit increased YoY Revised full-year operating results forecast Sales unit increased in Pachislot and Pachinko Sales 390.0 ⇒ 367.0 billion yen machines business Operating Income 27.0 ⇒ 27.0 billion yen Digital Games area in Entertainment Contents Consolidated Business performed solidly. While Pachislot and Pachinko Machines Business fell short of initial forecast due to a decline in sales units, Business Recorded extraordinary income associated Digital Games area in Entertainment Contents Business with transfer of non-current assets improved Net income increased due to the recognition of extraordinary income associated with the transfer of non-current assets and the decrease of tax expenses. Profitability improved YoY due to Revised the number of titles and sales units Pachislot and increased pachislot sales units forecast Pachinko Pachislot : "Pachislot Hokuto No Ken Tenshou" Pachislot : "Pachislot PHANTASY STAR ONLINE 2" “Pachislot Psalms of Planets "Pachislot 〈Monogatari〉 Series Machines Eureka Seven 3 HI-EVOLUTION ZERO" Secondseason" Business Pachinko: “P GAOGAOKING 3” Pachinko: "P SOUTEN-NO-KEN Souryu," “P The Seven deadly Sins Elizabeth ver.” "P BIG DREAM2 GEKISHIN," etc. Digital Games area in Entertainment Several new titles are planned to launch for Entertainment Contents Business performed solidly. each business area. Contents The expenses increased in Packaged Expect the incurrence of expenses with Business Games area due to the launch of new titles. verification of asset value of inventory, incentives and others at the end of fiscal year. Profit of PHOENIX RESORT improved but Continue to improve profitability at existing expenses for domestic Integrated Resort (IR) facilities. increased, leading to wider losses. Expenses increases with the activation of the Resort Business measures towards participating into domestic IR. Exhibited the booth at JAPAN IR EXPO in Yokohama Announced the partners - 2 - Consolidated Income Statements (Summary) (JPY Billion) 2019/3 2020/3 Revised Full Year Full Year Through Through Through Through Through Forecast 1Q 1Q Forecasts 2Q 3Q 4Q 2Q 3Q (announced (announced on Apr 26) on Feb 5) Sales 68.8 171.0 250.3 331.6 72.7 165.5 280.8 390.0 367.0 Pachislot and Pachinko Machines 21.5 58.6 76.1 101.4 17.1 44.1 86.2 120.0 110.0 Entertainment Contents 45.0 107.2 166.2 219.6 53.0 115.8 186.2 259.0 246.0 Resort 2.3 5.1 7.9 10.5 2.4 5.5 8.2 11.0 11.0 Operating Income 0.9 10.2 11.9 13.0 3.4 14.6 28.0 27.0 27.0 Pachislot and Pachinko Machines 1.7 9.6 9.6 13.4 1.3 7.8 20.7 29.0 25.5 Entertainment Contents 1.6 6.1 10.6 9.8 4.9 12.7 16.1 11.0 14.0 Resort -0.6 -1.1 -1.9 -2.4 -0.8 -1.5 -2.3 -4.0 -3.5 Other / Elimination -1.8 -4.4 -6.4 -7.8 -2.0 -4.4 -6.5 -9.0 -9.0 Operating Income Margin 1.3% 6.0% 4.8% 3.9% 4.7% 8.8% 10.0% 6.9% 7.4% Non-operating income 0.7 1.3 1.5 2.1 0.8 1.3 1.8 1.5 2.2 Non-operating expenses 0.9 2.3 4.4 7.7 1.9 3.3 4.0 5.5 5.0 Ordinary Income 0.6 9.1 9.0 7.4 2.3 12.6 25.8 23.0 24.0 Extraordinary income 0.0 1.7 1.7 8.2 0.0 0.0 3.0 - 3.0 Extraordinary losses 0.0 0.2 6.7 8.7 0.1 0.1 0.5 - 0.5 Income before income taxes 0.7 10.6 4.0 6.9 2.2 12.5 28.3 23.0 26.5 Profit attributable to owners of parent 0.3 6.7 0.6 2.6 1.7 9.8 22.9 15.0 21.0 Dividends per share (JPY) - 20.00 20.00 40.00 - 20.00 20.00 40.00 40.00 Earnings per share (JPY) 1.44 28.60 2.90 11.27 7.32 42.05 97.92 63.90 89.44 Net Assets per share (JPY) 1,296.55 1,328.00 1,274.50 1,289.32 1,259.70 1,276.36 1,318.14 - - - 3 - Costs and Expenses (JPY Billion) 2019/3 2020/3 Revised Full Year Full Year Through Through Through Through Through Forecast 1Q 1Q Forecasts 2Q 3Q 4Q 2Q 3Q (announced (announced on Apr 26) on Feb 5) R&D Expense / Content 14.1 30.8 48.3 66.6 17.1 33.5 56.4 72.5 75.7 Production Expense Pachislot and Pachinko Machines 3.5 7.8 12.1 17.0 4.1 8.6 13.7 15.9 17.0 Entertainment Contents 10.6 23.2 36.4 49.9 13.0 25.0 42.8 56.6 58.6 Resort 0.0 0.1 0.1 0.2 0.0 0.0 0.1 0.0 0.0 Other / Elimination 0.0 -0.3 -0.3 -0.5 0.0 -0.1 -0.2 0.0 0.1 Cap-ex 6.4 17.8 24.3 34.4 5.1 10.5 16.1 24.8 22.6 Pachislot and Pachinko Machines 0.8 3.0 3.7 5.0 0.9 1.8 2.5 4.7 4.3 Entertainment Contents 4.2 10.7 16.1 25.0 4.0 8.3 12.9 19.2 17.2 Resort 0.0 0.0 0.1 0.1 0.0 0.1 0.1 0.2 0.3 Other / Elimination 1.4 4.1 4.4 4.3 0.2 0.3 0.6 0.7 0.8 Depreciation 3.9 7.4 10.8 14.5 3.6 7.3 10.9 13.6 13.8 Pachislot and Pachinko Machines 1.1 2.1 3.0 4.0 1.0 1.9 2.8 3.4 3.1 Entertainment Contents 2.3 4.3 6.4 8.6 2.1 4.2 6.4 8.4 8.6 Resort 0.2 0.4 0.6 0.8 0.2 0.5 0.8 1.0 1.0 Other / Elimination 0.3 0.6 0.8 1.1 0.3 0.7 0.9 0.8 1.1 Advertising 3.3 8.4 12.2 16.0 3.6 8.5 12.9 21.0 18.2 Pachislot and Pachinko Machines 0.4 0.9 1.3 1.6 0.2 0.8 1.1 2.8 2.0 Entertainment Contents 2.6 6.3 9.3 12.5 3.0 6.4 10.2 16.1 14.6 Resort 0.0 0.1 0.2 0.3 0.1 0.2 0.3 0.4 0.4 Other / Elimination 0.3 1.1 1.4 1.6 0.3 1.1 1.3 1.7 1.2 - 4 - Consolidated Balance Sheet (Summary) (JPY billion) 【Assets】 【Liabilities and Net Assets】 As of end of As of end of As of end of As of end of Account Change Account Change March 2019 Dec 2019 March 2019 Dec 2019 Cash and Deposits 137.4 102.0 -35.4 Accounts Payable 24.7 26.6 +1.9 Accounts Receivable 39.2 57.8 +18.6 Corporate Bonds 12.5 10.0 -2.5 Short term investment securities 14.5 33.5 +19.0 Short Term Loans Payable 13.3 8.3 -5.0 Inventories 50.0 54.2 +4.2 Other 37.0 39.2 +2.2 Other 19.3 16.5 -2.8 Total Current Liabilities 87.5 84.1 -3.4 Total Current Assets 260.4 264.0 +3.6 Corporate Bonds 10.0 10.0 - Tangible Fixed Assets 84.0 86.8 +2.8 Long Term Loans Payable 40.3 36.1 -4.2 Intangible Fixed Assets 15.2 16.8 +1.6 Other 21.4 23.3 +1.9 Investment Securities 73.4 63.0 -10.4 Total Noncurrent Liabilities 71.7 69.4 -2.3 Other 31.5 35.4 +3.9 Total Liabilities 159.3 153.5 -5.8 Shareholders Equity 294.8 309.4 +14.6 Total accumulated other comprehensive income 7.8 0.3 -7.5 Warrants 0.9 0.8 -0.1 Non-controlling intesrests 1.7 1.9 +0.2 Total Noncurrent Assets 204.1 202.0 -2.1 Total Net Assets 305.3 312.5 +7.2 Total Assets 464.6 466.0 +1.4 Total Liabilities and Net Assets 464.6 466.0 +1.4 - 5 - Segment Results: Pachislot and Pachinko Machines (JPY Billion) 2019/3 2020/3 Revised Full Year Full Year Through Through Through Through Through Forecast 1Q 1Q Forecasts 2Q 3Q 4Q 2Q 3Q (announced (announced on Apr 26) on Feb 5) Sales 21.5 58.6 76.1 101.4 17.1 44.1 86.2 120.0 110.0 Pachislot 3.1 4.5 11.0 24.7 7.0 11.1 46.2 48.8 58.0 Pachinko 13.9 45.8 52.3 59.9 5.5 23.8 26.8 59.0 38.0 Other / Elimination 4.5 8.3 12.8 16.8 4.6 9.2 13.2 12.2 14.0 Operating Income 1.7 9.6 9.6 13.4 1.3 7.8 20.7 29.0 25.5 Operating Income Margin 7.9% 16.4% 12.6% 13.2% 7.6% 17.7% 24.0% 24.2% 23.2% Pachislot Number of Titles 1 title 1 title 3 titles 6 titles 0 title 1 title 3 titles 10 titles 6 titles Unit Sales (units) 9,073 12,853 31,534 67,140 17,930 28,360 105,860 120,000 133,000 Pachinko Number of Titles 1 title 3 titles 5 titles 7 titles 2 titles 4 titles 5 titles 9 titles 7 titles Unit Sales (units) 40,997 117,891 136,670 159,848 16,212 66,140 75,094 164,000 109,000 Board + Frame 13,908 77,518 87,468 91,858 8,020 15,850 18,878 78,600 38,000 Board 27,089 40,373 49,202 67,990 8,192 50,290 56,216 85,400 71,000 - 6 - Segment Results: Pachislot and Pachinko Machines ■Major Titles in 1~3Q and titles to be launched in and after 4Q, fiscal year ending Mar 2020 New title Specification changed title ～2020/3 3Q 4Q~ Pachislot Beast King Pachislot Hokuto No Ken Pachislot 〈Monogatari〉 Series Oujya no Houkou Tenshou Secondseason Pachislot Anohana: The Flower We Saw That Day Pachislot Psalms of Planets Eureka Pachislot PHANTASY STAR Pachislot Pachislot DISC UP Seven 3 HI-EVOLUTION ZERO ONLINE 2 P SOUTEN-NO-KEN Souryu P SHOW BY ROCK!! P Hokuto No Ken 8 Haou P GAOGAOKING 3 P BIG DREAM2 GEKISHIN P Anohana: The Flower Pachinko CR Dracure! We Saw That Day P The Seven deadly Sins Elizabeth ver.
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