Earnings Results for the First Quarter Ended June 30, 2009

Total Page:16

File Type:pdf, Size:1020Kb

Earnings Results for the First Quarter Ended June 30, 2009 Earnings Results for the First Quarter Ended June 30, 2009 July 30, 2009 SOFTBANK CORP. 1 Disclaimer This material is made based on information available at the time of writing. Statements in this material that are not historical facts including, without limitation, our plans, forecasts and strategies are Forward-looking Statements. Forward-looking Statements are subject to various risks and uncertainties, including, without limitation, continuing decline in the general economic conditions, general market conditions, customer demand for products and services, increased competition, inherent risk in international operations and other important factors, which may cause actual results to differ materially from those expressed or implied in any Forward-looking Statement. Information contained herein regarding companies other than SOFTBANK CORP. and other companies of the SOFTBANK Group is quoted from public sources and others, and we have not verified and we are not responsible for the accuracy of the information. SOFTBANK CORP. expressly disclaims any obligation or responsibility to update or revise or supplement any Forward-looking Statement in any presentation material or generally to any extent. Use of or reliance on the information in this material is at your own risk. Q1 Highlights 1.1. Achieved Achieved revenuerevenue andand profitprofit increasesincreases ・・ExceededExceeded JPYJPY 100bn100bn ofof operatingoperating incomeincome forfor thethe firstfirst timetime onon quarterlyquarterly basisbasis ・・NetNet salessales andand operatingoperating incomeincome increasedincreased 3%3% andand 27%27% YoY,YoY, respectivelyrespectively 2.2. Mobile Mobile CommunicationsCommunications drovedrove thethe revenuerevenue andand profitprofit increasesincreases ・・NetNet salessales andand operatingoperating incomeincome increasedincreased 9%9% andand 36%36% YoY,YoY, respectivelyrespectively 3.3. BigBig improvementimprovement inin freefree cashcash flowflow* ・・IncreasedIncreased byby JPYJPY 94.4bn94.4bn YoYYoY *Free cash flow = cash flows from operating activities + cash flows from investing activities. 2 Summary of Consolidated Earnings (bn JPY) FY08/Q1 FY09/Q1 YoY (Apr/08-Jun/08) (Apr/09-Jun/09) Net sales 647.2 666.3 +3% EBITDA 161.4 184.8 +14% Operating income 85.0 108.2 +27% Ordinary income 54.2 78.7 +45% Quarterly net income 19.3 27.3 +41% Operating cash flow 52.8 132.0 +150% Free cash flow (37.8) 56.5 - 3 Consolidated Earnings Variance (FY2009/Q1 YoY comparison) Net sales +3% Achieved revenue and profit increases Operating income +27% Ordinary income +45% Quarterly net income +41% Operating cash flow +150% 4 Consolidated Earnings Variance (FY2009/Q1 YoY comparison) +3% Mobile Communications Net sales +9% (Mobile) drove the revenue and +27% profit increases Operating income +36% (Mobile) Ordinary income +45% Quarterly net income +41% Operating cash flow +150% 5 Comparison of Consolidated Earnings (FY2009/Q1 YoY comparison) SOFTBANK KDDI NTT DOCOMO Consolidated net sales +3% -2% -7% (YoY) Consolidated operating income +27% +14% -15% (YoY) Revenue Revenue down Revenue and and profit and profit profit increases decreases increases 6 Source: calculated by SOFTBANK based on respective companies’ publicly available information. Status of FY2009 Earnings Forecast (bn JPY) FY08 FY09 FY09 Actual Forecast Q1Actual 359.1 420.0 108.2 Operating income (+60.8) (+23.2) 181.5 250.0 56.5 Free cash flow (+68.4) (+94.4) On track for FY2009 earnings forecast *YoY comparison stated within brackets. 7 Consolidated Earnings Results 8 Consolidated Net Sales (bn JPY) 700 666.3 647.2 Record high for Q1 600 Increased by 3% YoY 500 370.6 405.0 400 300 Mobile Communications 58.7 52.6 Broadband Infrastructure 200 78.1 76.4 Fixed-line Telecommunications 100 61.5 64.1 Internet Culture 59.6 51.7 e-Commerce 0 FY08/Q1 FY09/Q1 *The figure for each segment excludes the amounts of inter-segment sales. 9 Mobile Communications Segment Net Sales (bn JPY) 405.0 Record high for Q1 400 370.6 Increased by 9% YoY 136.2 117.7 +18.4 300 Handset sales, etc. 200 +15.9 Telecom service revenue, etc. 268.8 252.8 100 0 FY08/Q1 FY09/Q1 *The figure for each segment excludes the amounts of inter-segment sales and transfer. 10 Consolidated EBITDA (bn JPY) 200 184.8 Record high 161.4 (on quarterly basis) 150 14% increase YoY 117.2 99.5 100 Mobile Communications 18.0 16.3 Broadband Infrastructure 50 12.2 14.6 Fixed-line Telecommunications 33.0 34.6 Internet Culture 0 e-Commerce FY08/Q1 FY09/Q1 -50*EBITDA = Operating income (loss) + depreciation, amortization, loss on disposal of fixed assets included in operating income. 11 Consolidated Operating Income (bn JPY) Exceeded JPY 100bn 120 108.2 for the first time 100 (on quarterly basis) 85.0 27% increase YoY 80 60.2 44.2 60 Mobile Communications 13.9 Broadband Infrastructure 40 10.4 3.4 Fixed-line Telecommunications 20 30.5 31.7 Internet Culture 0 e-Commerce FY08/Q1 FY09/Q1 -20 12 Consolidated Ordinary Income (bn JPY) 100 78.7 80 Record high for Q1 60 54.2 45% increase YoY 40 20 0 FY08/Q1 FY09/Q1 13 Consolidated Net Income (bn JPY) 30 27.3 Record high for Q1 19.3 20 41% increase YoY 10 0 FY08/Q1 FY09/Q1 14 Consolidated Net Income FY08/Q1 FY09/Q1 Notes (bn JPY) Ordinary income 54.2 78.7 Special 3.0 0.3 income/loss (net) Income before income taxes and minority interests 57.3 79.1 Income tax: Current 11.7 19.8 Income tax: Deferred 14.5 21.1 SOFTBANK MOBILE, etc. Minority interests Mainly Yahoo Japan 11.7 10.7 Corporation Quarterly net income 19.3 27.3 15 Improvement in Key Financial Indexes FY08/Q1 Improvement FY09/Q1 Rate EBITDA margin 24.9% +11% (EBITDA/net sales) 27.7% Equity ratio 9.0% +6% (total shareholders’ equity/total assets) 9.5% D/E ratio 6.4 times +9% (interest-bearing debt/total shareholders’ equity) 5.8 times Net D/E ratio 5.3 times +13% (net interest-bearing debt/total shareholders’ equity) 4.6 times 16 Interest-bearing Debt Reduction Status 17 Consolidated Interest-bearing Debt (bn JPY) 3,000 2,545.3 Decrease continues 2,500 2,392.0 223.1 231.9 Securitization of installment receivables (SOFTBANK MOBILE) 2,000 1,261.9 1,154.1 * 1,500 SBM loan (WBS) 1,000 84.5 84.5 Vodafone Subordinated loan 489.9 473.4 Loans from other financial institutions 500 485.7 447.9 Corporate bonds and CP 0 e/o June e/o June 2008 2009 (Note) Lease obligations excluded from consolidated interest-bearing debt. *Balance of SOFTBANK MOBILE’s WBS loan. 18 Cash Position (bn JPY) Cash Position Cash position Unused portion of credit line facility 600 increase Cash position 537.8 500 481.8 51.0 21.0 400 300 460.8 486.8 200 100 0 e/o March e/o June 2009 2009 19 Redemption Schedule of Corporate Bonds Abundant repayment resources available (bn JPY) Repayment Resources Bond Redemption Schedule Unused portion of credit line facility SOFTBANK straight bonds 600 Cash position 537.8 SOFTBANK TELECOM straight bonds SOFTBANK convertible bonds* 500 481.8 51.0 21.0 400 300 460.8 486.8 200 100 (50.0) (50.0) 45.0 36.4 0 19.0 20.0 Q1 Q2Q3 Q4 Q1 Q2Q3 Q4 e/o March e/o June 2009 2009 FY2009 FY2010 *The convertible bonds with subscription warrants issued in December 2003 are included in the chart above with the assumption that bond holders 20 exercise their put options. Consolidated Net Interest-bearing Debt (bn JPY) 2,500 2,387.0 Reduction of JPY 481.8bn after merger of Vodafone K.K 2,000 1,905.1 231.9 Securitization of installment receivables 1,500 1,000 1,673.1 Other than securitization of installment receivables 500 Reduction of JPY 713.8bn 0 e/o June e/o June 2006 2009 *Net interest-bearing debt = interest-bearing debt (excl. lease obligations) - cash position Cash position = cash and cash equivalents and marketable securities 21 Balance of net interest-bearing debt at the end of June 2006 are calculated with retroactive adjustments by adding the cash receipts as collateral relating to marketable security lending transactions. First Corporate Bond Issue in 2 Years June 27th Unsecured Straight Corporation Bond JPY 60.0bn (Fukuoka SoftBanks HAWKS Bond) (for individual investors) July 28th Unsecured Straight Corporate Bond JPY 30.0bn (for institutional investors) Secure a long and stable financing Resume access to corporate bond market No change in terms of policy of reducing net interest-bearing debt 22 Cash Flow Results 23 Operating Cash Flow (bn JPY) 140 +79.1bn 132.0 120 (doubled) 100 Record high 80 60 52.8 for Q1 40 20 0 -20 -27.4 -40 FY07/Q1FY08/Q1 FY09/Q1 24 CAPEX (acquisition base) (bn JPY) 389.8 400 293.7 300 259.0 220.0 308.4 200 Mobile Communications 148.9 235.3 199.1 47.6 Broadband Infrastructure 100 Q1 22.1 Fixed-line Telecommunications 82.6 14.5 40.3 32.4 37.6 21.2 21.8 29.5 1.6 3.7 0 Others FY2005 FY2006 FY2007 FY2008 FY2009 (forecast) *Amounts above include on and off-balance sheet lease transactions. 25 Free Cash Flow (bn JPY) 100 Dramatic 56.5 50 improvement 0 +94.4bn -50 -37.8 -100 -150 -138.9 FY07/Q1 FY08/Q1 FY09/Q1 26 Status of FY2009 Earnings Forecast (bn JPY) FY08 FY09 FY09 Actual Forecast Q1Actual 359.1 420.0 108.2 Operating income (+60.8) (+23.2) 181.5 250.0 56.5 Free cash flow (+68.4) (+94.4) No change in FY2009 Earnings Forecast *YoY comparison stated within brackets. 27 Future Cash Flow 28 Free Cash Flow Target (bn JPY) Free Cash Flow 550 Goal to achieve around JPY 1 trillion* free cash flow 350 250.0 cumulatively over 181.5 the next 3 years 150 Continued revenue -50 FY07FY08 FY09 FY10 FY11 (forecast) and profit increases -164.2 Around JPY 1trillion* -250 29 *Cumulative total target for 3 years from FY2009 to FY2011.
Recommended publications
  • The Issue of Entertainment Today
    THE CHANGING FACE OF ECHO PARK Richard Glatzer and Wash Westmoreland were the first Caucasians on their block. Five years later, they’ve made the film Quinceañera dramatizing the gentrification of a Latino neighborhood, exploring both gay and ethnic issues in the process. Page 16 PLUS : Talladega Nights, The Night Listener, Changing Times, THE DESCENT concert reviews on CSYN and Redd Kross, the Mel Gibson mess, and more! Page 12 || ENTERTAINMENT TODAY FRIDAY, AUGUST 4, 2006 ENTERTAINMENT TODAY PUBLISHER KRIS CHIN MANAGING EDITOR CECILIA TSAI GUEST EDITOR ERIC BYLER ART PRODUCTION DAVID TAGARDA TECHNICAL SUPERVISOR KATSUYUKI UENO COPY EDITOR JULIAN CAMILLIERI WRITERS ADAM BARNICK FRANK BARRON JULIAN CAMILLIERI WARREN CURRY BROOKE DAMMKOEHLER CLAYSON DEBURGER 8 CONCERT REVIEWS 15 CHANGING TIMES SHIRLEY FIRESTONE JANOS GEREBEN MICHAEL GUILLÉN INDEX JONATHAN W. HICKMAN TRAVIS MICHAEL HOLDER TINA KIM KAT KRAMER M. Y. LEE MICHAEL LEVINE ERIC LURIO MARY MALLORY SCOTT MANTZ TONY MEDLEY ENTERTAINMENT DAWN MILLER VOL. 38|NO. 43|FRIDAY, AUGUST 4, 2006 KYLE MOORE TODAY STEVEN SNYDER PETER SOBCZYNSKI 16 THE CHANGING FACE OF ECHO PARK SEAN REYNOLDS GAIL ROBERTS Writer/directors Richard Glatzer and Wash Westmoreland talk about how their film Quinceañera dramatizes the ANNIE ROLLINS gradual gentrification of a Latino neighborhood, exploring both gay and ethnic issues in the process SUSIE ROTEMAN BRAD SCHREIBER BETH TEMKIN MOVIES MUSIC KIM VOYNAR MARCI WEINER 11 IDENTITY INTRIGUE IN “LISTENER” 8 A SUMMER OF CONCERTS RUSTY WHITE Kim Voynar reviews The
    [Show full text]
  • Feff Press Kit
    PRESS RELEASES, FILM STILLS & FESTIVAL PICS AND VIDEOS TO DOWNLOAD FROM WWW.FAREASTFILM.COM PRESS AREA Press Office/Far East Film Festival 19 Gianmatteo Pellizzari & Ippolita Nigris Cosattini +39/0432/299545 - +39/347/0950890 [email protected] - [email protected] Video Press Office Matteo Buriani +39/345/1821517 – [email protected] 21/29 April 2017 – Udine – Teatro Nuovo and Visionario FAR EAST FILM FESTIVAL 19: THE POWER OF ASIA! The irresistible road movie Survival Family opens the #FEFF19 on Friday the 21 st of April: a packed programme which testifies to the incredible vitality (both productive and creative) of Asian cinema. 83 titles selected from almost a thousand seen, and 4 world premiers, including Herman Yau's high-octane thriller Shock Wave , which will close the nineteenth edition. Press release of the 13 th of April 2017 For immediate release UDINE - Who turned out the lights? Nobody did, and the fuses haven't blown. And no, it's not even a power cut. Electricity has just suddenly ceased to exist, so the Suzuki family must now very quickly learn the art of survival: and facing a global blackout is not exactly a walk in the park! It's with the world screeching to a halt of the irresistible Japanese road movie Survival Family that the highly anticipated Far East Film Festival 19 opens: not just because Yaguchi Shinobu' s wonderful comedy is the festival's starting pistol on Friday the 21 st of April, but also for a question of symmetry: just like the blackout in Survival Family , the FEFF is an interruption .
    [Show full text]
  • Hegemony and Difference: Race, Class and Gender
    Hegemony and Difference: Race, Class and Gender 9 More than Just the “Big Piece of Chicken”: The Power of Race, Class, and Food in American Consciousness Psyche Williams-Forson 10 The Overcooked and Underdone: Masculinities in Japanese Food Programming T.J.M. Holden 11 Domestic Divo ? Televised Treatments of Masculinity, Femininity, and Food Rebecca Swenson 12 Japanese Mothers and Obent¯os: The Lunch-Box as Ideological State Apparatus Anne Allison 13 Mexicanas’ Food Voice and Differential Consciousness in the San Luis Valley of Colorado Carole Counihan 14 Feeding Lesbigay Families Christopher Carrington 15 Thinking Race Through Corporeal Feminist Theory: Divisions and Intimacies at the Minneapolis Farmers’ Market Rachel Slocum 16 The Raw and the Rotten: Punk Cuisine Copyright © 2012. Routledge. All rights reserved. © 2012. Routledge. Copyright Dylan Clark Food and Culture : A Reader, edited by Carole Counihan, et al., Routledge, 2012. ProQuest Ebook Central, http://ebookcentral.proquest.com/lib/uoregon/detail.action?docID=1097808. Created from uoregon on 2018-10-21 19:08:08. Copyright © 2012. Routledge. All rights reserved. © 2012. Routledge. Copyright Food and Culture : A Reader, edited by Carole Counihan, et al., Routledge, 2012. ProQuest Ebook Central, http://ebookcentral.proquest.com/lib/uoregon/detail.action?docID=1097808. Created from uoregon on 2018-10-21 19:08:08. 9 More than Just the “Big Piece of Chicken”: The Power of Race, Class, and Food in American Consciousness* Psyche Williams-Forson In 1999 HBO premiered Chris Rock’s stand-up comedy routine Bigger and Blacker . One of the jokes deals with what Rock humorously calls the “big piece of chicken.” 1 Using wit, Chris Rock delivers a semi-serious treatise on parenting and marriage.
    [Show full text]
  • Filmography of Case Study Films (In Chronological Order of Release)
    FILMOGRAPHY OF CASE STUDY FILMS (IN CHRONOLOGICAL ORDER OF RELEASE) Kairo / Pulse 118 mins, col. Released: 2001 (Japan) Director: Kiyoshi Kurosawa Screenplay: Kiyoshi Kurosawa Cinematography: Junichiro Hayashi Editing: Junichi Kikuchi Sound: Makio Ika Original Music: Takefumi Haketa Producers: Ken Inoue, Seiji Okuda, Shun Shimizu, Atsuyuki Shimoda, Yasuyoshi Tokuma, and Hiroshi Yamamoto Main Cast: Haruhiko Kato, Kumiko Aso, Koyuki, Kurume Arisaka, Kenji Mizuhashi, and Masatoshi Matsuyo Production Companies: Daiei Eiga, Hakuhodo, Imagica, and Nippon Television Network Corporation (NTV) Doruzu / Dolls 114 mins, col. Released: 2002 (Japan) Director: Takeshi Kitano Screenplay: Takeshi Kitano Cinematography: Katsumi Yanagijima © The Author(s) 2016 217 A. Dorman, Paradoxical Japaneseness, DOI 10.1057/978-1-137-55160-3 218 FILMOGRAPHY OF CASE STUDY FILMS… Editing: Takeshi Kitano Sound: Senji Horiuchi Original Music: Joe Hisaishi Producers: Masayuki Mori and Takio Yoshida Main Cast: Hidetoshi Nishijima, Miho Kanno, Tatsuya Mihashi, Chieko Matsubara, Tsutomu Takeshige, and Kyoko Fukuda Production Companies: Bandai Visual Company, Offi ce Kitano, Tokyo FM Broadcasting Company, and TV Tokyo Sukiyaki uesutan jango / Sukiyaki Western Django 121 mins, col. Released: 2007 (Japan) Director: Takashi Miike Screenplay: Takashi Miike and Masa Nakamura Cinematography: Toyomichi Kurita Editing: Yasushi Shimamura Sound: Jun Nakamura Original Music: Koji Endo Producers: Nobuyuki Tohya, Masao Owaki, and Toshiaki Nakazawa Main Cast: Hideaki Ito, Yusuke Iseya, Koichi Sato, Kaori Momoi, Teruyuki Kagawa, Yoshino Kimura, Masanobu Ando, Shun Oguri, and Quentin Tarantino Production Companies: A-Team, Dentsu, Geneon Entertainment, Nagoya Broadcasting Network (NBN), Sedic International, Shogakukan, Sony Pictures Entertainment (Japan), Sukiyaki Western Django Film Partners, Toei Company, Tokyu Recreation, and TV Asahi Okuribito / Departures 130 mins, col.
    [Show full text]
  • Shinzo Abe George W
    Shinzo Abe George W. Bush Ichiro Suzuki DOB: 21 st Sep 1954 DOB: 6 th July 1946 DOB: 22 nd October 1973 Age: Age: Age: . m 1.80m 1.75m Yamaguchi USA Aichi Hideki Matsui Shinji Ono Bae Yong Joon DOB: 12 th June 1974 DOB: 27 th September 1979 DOB: 29 th August 1972 Age: Age: Age: 1.82 1.75 1.80 Ishikawa Shizuoka South Korea David Beckham Shunsuke Nakamura Bob Sapp DOB: 2 nd May 1974 DOB: 24 th June 1978 DOB: 22 nd September 1974 Age: Age: Age: 1.80 1.78 2.00 England Yokohama USA Ryoko Tani Kosuke Kitajima Mino Monta DOB: 6 th September 1975 DOB: 22 nd September 1982 DOB: 22 nd August 1944 Age: Age: Age: 1.46 1.78 1.65 Fukuoka Tokyo Tokyo Hidetoshi Nakata Osama Bin Laden Masami Hisamoto DOB: 22 nd January 1977 DOB: 10 th March 1957 DOB: 8 th July 1960 Age: Age: Age: 1.75 1.95 1.54 Yamanashi Saudi Arabia Osaka Nanako Matsushima Takuya Kimura Shingo Katori DOB: 13 th October 1973 DOB: 13 th November 1972 DOB: 31 st January 1977 Age: Age: Age: 1.70 1.75 1.83 Kanagawa Tokyo Yokohama Tsuyoshi Kusanagi Goro Inagaki Masahiro Nakai DOB: 9th July 1974 DOB: 8 th December 1973 DOB: 18 th August 1972 Age: Age: Age: 1.70 1.76 1.65 Ehime Tokyo Kanagawa Takeshi Kitano Akiko Wada Yao Ming ( ヤオミン) DOB: 18 th January 1947 DOB: April 10 th 1950 DOB: 12 th September 1980 Age: Age: Age: 1.85 1m74 2.29 Tokyo Osaka China Shaquille O’Neal Ai Fukuhara Naoko Takahashi DOB: March 6 th 1972 DOB: 1 st November 1988 DOB: 6 th May 1972 Age: Age: Age: 2m16 154 162 USA Miyagi Gifu Sanma Akashiya Saburo Kitajima Hikaru Utada DOB: 1 st July 1955 DOB: 4 th October 1936 DOB:
    [Show full text]
  • (Revised0507)JAPAN BOOTH 2013 Cannes FIX
    CONTENTS INTRODUCTION Contents Introduction 1 Introduction Japan Booth is organized by JETRO/UNIJAPAN with the support from Agency for Cultural Affairs (Government of Japan). 2 Geneon Universal Entertainment Japan, LLC 3 Gold View Co., Ltd. 4 Happening Star Project JETRO, or the Japan External Trade Organization, is UNIJAPAN is a non-profit organization established 5 MODE FILMS INC. a government-related organization that works to pro- in 1957 by the Japanese film industry under the mote mutual trade and investment between Japan and auspice of the Government of Japan for the purpose 6 Nikkatsu Co. the rest of the world. of promoting Japanese cinema abroad. Initially named 7 Office Walker Inc. Originally established in 1958 to promote Japanese ex- ‘Association for the Diffusion of Japanese Film Abroad’ 8 Omgact Entertainment LLC ports abroad, JETRO’s core focus in the 21st century (UniJapan Film), in 2005 it joined hands with the has shifted toward promoting foreign direct investment organizer of Tokyo International Film Festival (TIFF), to 9 Open Sesame Co., Ltd. into Japan and helping small to medium-sized Japa- form a combined, new organization. 10 Production I.G nese firms maximize their global business potential. 11 SDP Inc. 12 Sedic International Inc. 13 Showgate Inc. 14 Tsuburaya Productions Co., Ltd. Category Action Drama Comedy Horror / Suspense Documentary Animation Screening schedule Day Starting Time Length of the Film Title Place 1 Geneon Universal Entertainment Japan, LLC Gold View Co., Ltd. The Chasing World: The Origin Belladonna Of Sadness AD 3000. 1 in 20 has the family name "SATO" in Japan. The A story about a young and beautiful woman, who has lived a life 150th king implements a horrific policy to reduce the number of of hardships.
    [Show full text]
  • This Project by Patricia J
    TEACHING ADULT EFL LEARNERS IN JAPAN FROM A JAPANESE PERSPECTIVE SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE MASTER OF ARTS IN TEACHING DEGREE AT THE SCHOOL FOR INTERNATIONAL TRAINING BRATTLEBORO, VERMONT BY PATRICIA JEAN GAGE SEPTEMBER 2004 © PATRICIA JEAN GAGE 2004 This project by Patricia J. Gage is accepted in its present form. The author hereby grants the School for International Training the permission to electronically reproduce and transmit this document to the students, alumni, staff, and faculty of the World Learning Community. © Patricia Jean Gage, 2004. All rights reserved. Date _________________________________ Project Advisor _________________________________ (Paul LeVasseur) Project Reader _________________________________ (Kevin O’Donnell) Acknowledgements There are so many people that contributed to this project and without their help this project would not have been possible. First, I would like to thank my Sakae and Taiyonomachi classes for always being patient with me and for taking time out of their busy schedules to write feedback about each of the topics. Second, I am very grateful to Toshihiko Kamegaya, Mayumi Noda, Katsuko Usui, Terukazu Chinen and Naoko Ueda for providing the anecdotes in the section titled “Voices from Japan.” Third, I would like to give a special thanks to Paul LeVasseur, my advisor and teacher, whose Four Skills class inspired me to do this project and whose insightful comments about this paper were invaluable. I would also like to thank the summer faculty at SIT for their dedication and commitment to the teaching profession and to their students. Next, I would like to acknowledge my reader, Kevin O’Donnell, for guiding me in the right direction and for spending time, in his already hectic schedule, to read my paper.
    [Show full text]
  • INVESTOR INFORMATION 2013 Consolidated Financial Highlights
    TOKYO BROADCASTING SYSTEM HOLDINGS, INC. INVESTOR INFORMATION 2013 Consolidated Financial Highlights Net Sales Operating Income (Millions of yen) (Millions of yen) 372,306 351,262 342,754 346,538 352,351 18,457 16,188 12,162 7,705 3,343 09/3 10/3 11/3 12/3 13/3 09/3 10/3 11/3 12/3 13/3 Ordinary Income Net Income (Loss) (Millions of yen) (Millions of yen) 19,979 17,671 11,671 14,313 9,173 9,215 1,655 103 3,902 –2,313 09/3 10/3 11/3 12/3 13/3 09/3 10/3 11/3 12/3 13/3 Total Assets Total Net Assets (Millions of yen) (Millions of yen) 627,683 593,023 556,780 555,159 559,626 342,231 357,076 344,658 344,473 322,597 09/3 10/3 11/3 12/3 13/3 09/3 10/3 11/3 12/3 13/3 Contents 2 To Our Stakeholders 11 Consolidated Financial Statements 3 Group Medium-Term Management Plan 2015 15 Major Indices 4 At a Glance 17 Segment Information 5 Organization 19 TBS Television 6 Corporate Data 22 Financial Data of Major Group Companies 7 Business Report 24 TBS Networks Financial Figures The financial figures used in this report are those used in the Japanese “Tanshin,” which has been created in accordance with the provisions set forth in the Japanese Financial Instruments and Exchange Act. Thus, all figures have been rounded down to the nearest million yen. Forward-Looking Statements This report contains forward-looking statements based on management’s assumptions and beliefs in light of the information currently available.
    [Show full text]
  • DIP Corporation FY2013 February Briefing on the Operating Results 15 April 2013
    DIP Corporation FY2013 February Briefing on the operating results 15 April 2013 Copyright © 2013 DIP Corporation, All Rights Reserved. CONTENTS 1 FY2013 Summary of statement of accounts 2 FY2013 Business performance by division 3 FY2014 Strategy 4 FY2014 Sales forecast 5 Dividends Copyright © 2013 DIP Corporation, All Rights Reserved. 1 CONTENTS 1 FY2013 Summary of statement of accounts Copyright © 2013 DIP Corporation, All Rights Reserved. 2 Summary of the market Ratio of job seekers to openings slowly recovered after Q1 corresponding to seasonal demand Employment opening ratio (Jan.2008 – Feb.2013) Compiled by DIP Corporation from the report by the Ministry of Labour and Health Sub prime mortgage crisis East Japan Earthquake (倍) Copyright © 2013 DIP Corporation, All Rights Reserved. 3 FY2013 Summary of statement of accounts - Sales - Sales amount decreased due to the change in the method of calculation (2,302 million yen affected) Yen in Millions FY2012 FY2013 Increase Increase ratio Result 11,432 9,142 -2,290 80.0% Result in Q4 3,070 2,269 -800 73.9% 80.0% 12,000 11,432 9,142 10,000 78.4% 73.9% 84.0% 85.0% Yen in Million Copyright © 2013 DIP Corporation, All Rights Reserved. 4 FY2013 Summary of statement of accounts - Profit - Decrease in profit was 530 million yen whereas the decrease in sales was 2.3 billion yen. Yen in millions FY2012 FY2013 Increase Increase ratio In total 763 233 -529 30.6% Q4 445 188 -257 42.2 % 30.6% 50.6% 42.2% 164million yen better 233million yen less Yen in million Copyright © 2013 DIP Corporation, All Rights Reserved.
    [Show full text]
  • Product Guide
    AFM PRODUCTPRODUCTwww.thebusinessoffilmdaily.comGUIDEGUIDE AFM AT YOUR FINGERTIPS – THE PDA CULTURE IS HAPPENING! THE FUTURE US NOW SOURCE - SELECT - DOWNLOAD©ONLY WHAT YOU NEED! WHEN YOU NEED IT! GET IT! SEND IT! FILE IT!© DO YOUR PART TO COMBAT GLOBAL WARMING In 1983 The Business of Film innovated the concept of The PRODUCT GUIDE. • In 1990 we innovated and introduced 10 days before the major2010 markets the Pre-Market PRODUCT GUIDE that synced to the first generation of PDA’s - Information On The Go. • 2010: The Internet has rapidly changed the way the film business is conducted worldwide. BUYERS are buying for multiple platforms and need an ever wider selection of Product. R-W-C-B to be launched at AFM 2010 is created and designed specifically for BUYERS & ACQUISITION Executives to Source that needed Product. • The AFM 2010 PRODUCT GUIDE SEARCH is published below by regions Europe – North America - Rest Of The World, (alphabetically by company). • The Unabridged Comprehensive PRODUCT GUIDE SEARCH contains over 3000 titles from 190 countries available to download to your PDA/iPhone/iPad@ http://www.thebusinessoffilm.com/AFM2010ProductGuide/Europe.doc http://www.thebusinessoffilm.com/AFM2010ProductGuide/NorthAmerica.doc http://www.thebusinessoffilm.com/AFM2010ProductGuide/RestWorld.doc The Business of Film Daily OnLine Editions AFM. To better access filmed entertainment product@AFM. This PRODUCT GUIDE SEARCH is divided into three territories: Europe- North Amerca and the Rest of the World Territory:EUROPEDiaries”), Ruta Gedmintas, Oliver
    [Show full text]
  • Viu Acquires Exclusive OTT Rights to 12 Iconic Takuya Kimura Dramas
    Viu acquires exclusive OTT rights to 12 iconic Takuya Kimura dramas For the first time, Fuji TV releases timeless masterpieces Long Vacation, Love Generation, Hero series, among others, on an OTT Platform PCCW (SEHK:0008) – HONG KONG / SINGAPORE / INDONESIA / MALAYSIA, July 22, 2020 – Viu, a leading pan-regional OTT video service from PCCW Media Group, today announced that it has acquired exclusive OTT rights from Fuji TV to bring 12 iconic Takuya Kimura titles, including Long Vacation, Love Generation, and the Hero series to Viu-ers. Both a successful singer and actor, Takuya Kimura (also known as Kimutaku) is an iconic figure in the Japanese entertainment industry. He was a member of the best-selling boy band in Asia, SMAP, which hosted the widely acclaimed variety show SMAP x SMAP that was on air for 20 years. After the massively successful drama series Long Vacation starring Takuya Kimura, his popularity was propelled to a new level and the record ratings of his subsequent drama series earned him the title of “The King of Ratings”. The Japanese heartthrob has legions of fans across Hong Kong, Singapore, Malaysia, Indonesia, Thailand and the Philippines. Ms. Virginia Lim, Chief Content Officer of Viu, said, "Our commitment is to bring the best Asian content to our audiences, and without question, Takuya Kimura’s dramatic works fit that definition perfectly. We are very excited to be the first and only^ OTT platform offering these beloved titles to the viewers. The fans of Takuya Kimura will now get to watch his engaging and charming drama series on Viu at their leisure.
    [Show full text]
  • Kinotayo 2013 — Section Classique — Retour Sur Le Film De
    ittle Girl in Me” Film Partners L 2012 “The © nc. I pache A Film Partners © 2013 “The Great Passage” Film Partners Passage” 2013 “The © Great IES © 2012 L AN AN P JA 8e 3 > 21 © 2012 ÉDITION DÉCEMBRE 2013 第八回 JANVIER 2014 EN RÉGIONS Programme : 22 films dont 7 en compétition Rencontres avec trois réalisateurs FEstivaL Hommage à Yasujiro Ozu : 現 DU FILM JAPonais ses chefs-d’œuvre en couleurs restaurés ContEMPORain Documentaires : culture et société 代 Avant-premières : WWW.KinotaYO.FR WARA NO TATE de Takashi Miike OUtraGE BEYOND de Takeshi Kitano 日 Section classique : retour sur le film de gangster, un genre majeur du cinéma japonais 本 ” Film Partners 映 BLACK DAWN 画 © 2012 “ 祭 tory of Yonosuke” Film Partners Yonosuke” tory of S ueki Ressha Film Partners ueki Ressha A K © 2013 “ © © 2012 © Fidèle à sa volonté de vous faire voyager dans l’actualité MARDI 3 DÉCEMBRE 2013 À 20H du septième art japonais, le Festival Kinotayo, est CÉRÉMONIe d’OUVERTURE DU FEstivaL KINOTAYO 2013 e KINOTAYO 2013 heureux de vous présenter, pour sa 8 édition, 7 longs Avant-PREMIÈRE PARISIENNE métrages de grande qualité, produits et sortis entre AU GAUMONT OPÉRA PREMIER — 2012 et 2013, en sélection officielle pour l’attribution — des Soleils d’Or 2013. ÉDito Plusieurs réalisateurs viendront présenter leur ÉVÉNEMENTS film : Tatsushi Omori pour BOZO (2012), Shoji Kubota pour The Little Girl in Me (2012), et Shuichi Okita pour A Story of Yonosuke (2013). Parallèlement à la sélection officielle, Kinotayo proposera en avant-première au public parisien OUtragE BEyond de Takeshi Kitano. Suite indépen- dante d’OUtragE, ce film de gangster est un huis-clos féroce sur le monde de la pègre qui, fort heureuse- elluloid Dreams ment, ne manque pas d’humour… À cette occasion, C des films marquants de ce genre majeur au Japon sont © 2013 © proposés dans notre section classique initiée en 2012 : La pivoine rouge, Le cimetière de la morale et des œuvres comme Romance noire de Tatsuoki Hosono WARA NO TATE avec Koji Yakusho dans un rôle inattendu de truand en 藁の楯 (wara no tate) mal d’amour.
    [Show full text]