Results Presentation

Transcription

1 Fiscal Year 216 First Quarter Results Presentation STOCK CODE : 9449 Supplementary Materials May 9, 216 1

2 1. GMO Internet Group Significant Group Companies 11 Group Companies (84 consolidated, 19 non-consolidated, 3 equity method affiliates, 4 non-equity method affiliates) GMO Payment Gateway, Inc. (Western Japan Sales Office) GMO Solution Partner, Inc. (Osaka Sales Office) GMO DigiRock, Inc. GMO CLOUD, Inc. (Shimonoseki Branch) GMO Pepabo, Inc. (Fukuoka Branch) GMO NIKKO, Inc. (Miyazaki Office) GMO Internet, Inc. (Miyazaki Office ) GMO DIGITAL Lab, Inc. (UK) GMO-Z.com Trade UK LTD. GMO GlobalSign Ltd. (Belgium) GlobalSign NV (CA) (Finland) GMO GlobalSign Oy (Myanmar) GMO-Z.com ACE Co. Ltd. (Vietnam) GMO RunSystem JSC GMO Vietnam Lab Center Co. Ltd. (Philippines) GMO GlobalSign Inc. (Singapore) GMO-Z.com Pte. Ltd. GMO GlobalSign Pte. Ltd. GMO PAYMENT GATEWAY Pte. Ltd. (China) GlobalSign China (Hong Kong) GMO-Z.com Forex HK Limited (Korea) GMO GameCenter Korea, Inc. (US) GMO GlobalSign, Inc. GMO Game Center USA, Inc. (as of March 216 ) Internet Infrastructure GMO Internet, Inc. (TSE:9449) GMO Payment Gateway, Inc. (TSE:3769) GMO CLOUD, Inc. (TSE:3788) GMO Pepabo Inc. (JASDAQ: 3633) GlobalSign K.K. GMO Fast Translation, Inc. GMO MAKESHOP Co. Ltd. GMO Commerce, Inc. GMO Epsilon, Inc. GMO Payment Services, Inc. GMO Registry, Inc. GMO System Consulting, Inc. GMO Creators Network, Inc. GMO Pepabo OC GMO Brights Consulting, Inc. (and other companies) Online Advertising & Media GMO AD Partners, Inc. (JASDAQ:4784) GMO NIKKO, Inc. GMO AD Marketing JWord, Inc. GMO Research, Inc. (MOTHERS: 3695) GMO Media, Inc. (MOTHERS: 618) GMO Solution Partner, Inc. GMO TECH, Inc. (MOTHERS: 626) GMO INNOVATORS, Inc. GMO Kumapon, Inc. (and other companies) Internet Securities GMO CLICK Holdings, Inc. (JASDAQ:7177) GMO CLICK Securities, Inc. FX PRIME by GMO Corporation Incubation GMO Venture Partners, Inc. Mobile Entertainment GMO Game Center, Inc. GMO GamePot, Inc. (and other companies) Listed Company (total 9 companies) 2

3 1. GMO Internet Group Group News 1/28 GMO TECH and GMO NIKKO launch video content marketing service. 1/28 GMO Registry, Inc. wins auction Rights to operate new domain,.shop at Approx. JPY4.92 billion record high worldwide. 2/1 2/5 GMO Internet forms an alliance with Tech bureau Corp to develop backend engine for games using block chain technology. GMO-PG offers FinTech Service to support Hokkoku Bank s Regional Revitalization efforts. 2/19 3/1 GMO Pepabo holds market events showcasing minne at PARCO stores across Japan focusing on popular sellers and giving them opportunities to sell their products to customers directly. GMO Internet establishes GMO ATHLETES supporting athletes to achieve No.1. 3/7 The biggest handmade market in Japan minne reaches 2, sellers. 3/9 GMO Internet GMO AppsCloud wins top prize at GameBusiness.jp game Cloud Awards

4 1. GMO Internet Group Group News 3/11 Z.com becomes Vietnam national football team top star partner. 3/15 GMO TECH launches GMO SmaAD, video advertisement service for smartphone. 3/17 In a 3-company Simamura, mercari and Cordisnap collaboration, GMO Media launches clothes Shimamercordi reflected by 2 million girl voices. 3/17 Globalsign offers free of charge IDaaS ID access managing service SKUID by GMO to make corporate ID and Password management more easy to use and secure. 3/23 GMO SSP and Google s DSP DoubleClick Bid Manager forms alliance. 3/31 Make Shop and SAMURAI BUYER launch ecommerce service enabling sellers to sell their products outside Japan easily. 4/14 GMO-PG offers one-stop service to develop and operate Payment site for vehicle taxes via credit card in Fukushima Prefecture. 4

5 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code TSE 1st Section 3769 Q2 FYE 9/215 Q2 FYE 9/216 Q2 FYE 9/216 FYE 9/216 (3 mths to Mar) (3mths to Mar) (6 mths to Mar) Forecast(Progress) Net Sales Operating Profit Ordinary Profit Net Profit 2,24 2,997 5,73 11,413 (+5.2%) 762 1,8 1,879 3,741 (+27.%) ,918 3,75 (+26.5%) ,151 2,335 (+23.8%) *Compiled from each companies quarterly P/L statements 5

6 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code JASDAQ Standard 7177 Q4 FYE 3/215 Q4 FYE 3/216 FYE 3/216 FYE 3/216 (3 mths to Mar) (3 mths to Mar) (12 mths to Mar) Forecast Net Sales Operating Profit 7,522 6,734 29,17 ー 2,447 2,199 1,611 ー Ordinary Profit 2,441 2,164 1,57 ー Net Profit 1,233 1,462 6,453 ー 6 *Compiled from each companies quarterly P/L statements

7 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code TSE 1st Section 3788 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales 2,783 2,829 12,1 (+23.4%) Operating Profit (+25.4%) Ordinary Profit (+21.8%) Net Profit (+6.9%) *Compiled from each companies quarterly P/L statements 7

8 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code JASDAQ Standard 4784 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales 8,221 7,863 31, (+25.4%) Operating Profit (+22.1%) Ordinary Profit (+22.9%) Net Profit (+23.1%) *Compiled from each companies quarterly P/L statements 8

9 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code JASDAQ Standard 3633 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales 1,282 1,651 6,85 (+24.1%) Operating Profit (-) Ordinary Profit (-) Net Profit (-) *Compiled from each companies quarterly P/L statements 9

10 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code TSE MOTHERS 3695 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales ,156 (+25.7%) Operating Profit (+39.9.%) Ordinary Profit (+38.4%) Net Profit (+38.5%) *Compiled from each companies quarterly P/L statements 1

11 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code TSE MOTHERS 626 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales 1, ,2 (+2.4%) Operating Profit (-) Ordinary Profit (-) Net Profit (-) *Compiled from each companies quarterly P/L statements 11

12 1. GMO Internet Group Listed Group Companies (3 mths to March) Stock Code TSE MOTHERS 618 FYE 12/215 FYE 12/216 FYE 12/216 (3 mths to Mar) (3 mths to Mar) Forecast(Progress) Net Sales - 1,393 4,151 (+33.6%) Operating Profit (+46.2%) Ordinary Profit (+46.7%) Net Profit (+52.1%) *Compiled from each companies quarterly P/L statements 12

13 1. GMO Internet Group Revenue Breakdown by Segment 13 Q1 215 Q2 215 Q3 215 Q4 215 Q1 216 Internet Infrastructure Internet provider 2,372 2,584 2,751 2,941 3,57 Domain 1,532 1,516 1,49 1,727 1,939 Cloud & hosting 3,482 3,436 3,465 3,539 3,43 Ecommercd solutions 1,344 1,442 1,635 1,887 1,883 Security 998 1,137 1,31 1,174 1,14 Payment 2,152 2,174 2,521 2,649 2,98 Other 1,156 1,39 1, Segment total 13,4 13,33 14,141 14,899 15,323 Online Advertising & Media Internet media 3,516 3,3 3,263 3,427 3,883 Online advertising 7,439 5,246 5,587 6,237 6,865 Internet research, other Segment total 11,64 9,76 9,556 1,333 11,54 Internet Securities Internet Securities 7,522 7,838 7,681 6,762 6,734 Segment total 7,522 7,838 7,681 6,762 6,734 Mobile Entertainment Mobile Entertainment 1,279 1, Segment total 1,279 1, Incubation Incubation Segment total Other Businesses Other Businesses Segment total Internal Transactions Adjustment (964) (989) (1,19) (1,288) (1,122) Consolidated Net Sales 32,583 3,988 31,263 31,52 33,173

14 1. GMO Internet Group Cost Composition(Consolidated) 3, 25, 2, 15, 1, 5,71 1,916 1,65 1,762 2, ,73 5,792 1,781 1,72 1,88 2, ,434 6,119 6,743 1,796 1,924 1,771 1,795 1,854 1,964 2,638 2, ,72 3,722 3,376 6,189 1,643 1,741 2,31 2,867 1,18 3,688 人件費 Human resources 広告宣伝 販促費 Advertising and promotion 減価償却 賃借料 Depreciation and leases 外注 業務委託費 Outsourcing costs 通信費 Communication costs 家賃 Rent 支払手数料 Commission paid 媒体費 Media costs のれん償却 Goodwill depreciation 5, 6,551 3,988 4,82 5,341 5, ,323 3,429 3,54 3,492 3,783 Q1/ 215 Q2/ 215 Q3/ 215 Q4/ 215 Q1/ /1Q 215/2Q 215/3Q 215/4Q 216/1Q その他 Other 14

15 2. Internet Infrastructure Domain Registration Revenue +26.5% (3mths to March) 2, Registrations +1.1% (3mths to March) 2, (1,s) 6, 1,8 1,8 1,727 1,6 1,6 5, 1,4 1,4 4, 1,49 1,2 1, 1,2 1, 3, 8 8 2, 1, QQ , 1,532 1, Q3 2Q2 1QQ1 2 Q1 1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q Q3 Q4 Q1 Q3 Q4 Q1 Q3 Q4 Q1 Q3 Q4 Q Renewals 更新 (1,s) Registrations ( 千件 ) Registrations (1,s) 登録 (1,s) Revenue 売上 (JPY millions) 15

16 2. Internet Infrastructure Hosting & Cloud-Performance Revenue -1.5% (3mths to March) Contracts +2.6% (3mths to March) 15, 3,539 8, 64, , ,837 75,927 77,259 1, 6, 3,465 4, 5, 3,436 4Q Q4 2, 3Q3 3,482 3,43 2Q Q2 1QQ1 1Q Q1 Q2 2Q Q3 3Q Q4 4Q 1Q Q1 2Q Q2 3Q Q3 4Q Q4 Q1 1Q Q2 2Q Q3 3Q Q4 4Q Q1 1Q 2Q Q2 3Q Q3 4Q Q4 1Q Q

17 2. Internet Infrastructure Ecommerce Solutions Performance Revenue +4.1% (3mths to March) Contracts +2.4% (3mths to March) 6, 8, 73,216 74,992 5, 1,887 7, 57,62 66,411 69,314 6, 4, 1,635 5, 3, 4, 4Q4 2, 1,442 3Q Q3 3, 2Q Q2 2, 1, 1,344 1,883 1Q Q1 1, Q1 1Q Q2 2QQ3 3QQ4 4Q Q1 1Q Q2 2Q Q3 3Q Q4 4Q Q1 1Q 2Q Q2 3Q Q3 4Q Q4 1Q Q1 2Q Q2 3Q Q3 4Q Q4 1Q Q

18 2. Internet Infrastructure Ecommerce Business Parameters Total Stores (Paid) 66, 2, 87, Transaction Volume (Quarterly) JPY27.4B JPY35.2B JPY62.7B (As of March 216) 18

19 2. Internet Infrastructure Online Handmade Market Comparison tetote Creema iichi Sellers 212, 39, 5, 2, Products 2.61M 99, 2.15M 4, DL 5.42M ー 2.1M (forecast as of 2/216) 4, DL (as of 2/216) Operator GMO Pepabo GMO Pepabo OC Creema iichi Item Limit none none none 5 Monthly Fee free free free free Commission (ex. Tax) Buyer Costs *Compiled by GMO Pepabo (as of 3/216) 19 1% 12% 8%-12% 2% none Processing fee for payments under JPY1,5 none none Launched 1/212 6/211 6/21 7/211 App ios 1/212 Android 11/213 no ios 11/214 Android 1/215 ios 5/215

20 2. Internet Infrastructure Security Performance Revenue +14.2% (3 mths to March) 35, Certificates Issued % (3 mths to March) 4, 1,174 3, 3, 25, 1,31 2, 2, 4Q4 15, 312,556 1,137 3Q Q3 1, 2Q Q2 1, 998 1,161 1Q1 5, 75, /1Q 216/1Q Q1/215 Q1/216 2

21 2. Internet Infrastructure Payment- Performance Revenue +36.% (3mths to March) Ordinary Profit +28.7% (3mths to March) 1, 3,5 3, 8, 2,732 2, , 2,63 2, 682 1,5 4, 2,264 Q4 4Q Q4 1, 787 4Q Q4 2, 2,997 2, Q3 3Q Q3 Q2 2Q Q2 Q1 1Q Q Q Q3 2Q Q2 1Q Q1 21 *Based on GMO Payment Gateway, Inc. data

22 2. Internet Infrastructure Payment Processing Key Indicators Transaction volume exceeds JPY2 trillion Merchants: 67,921, Transaction volume: approx. JPY 47billion No. of Transactions: 228 million (No. of Merchants) (1 millions) 4, (Reference)Transaction volume(12mth Total): approx.jpy1.8 trillion Including GMO Financial Gate Transaction volume approx.jpy1.96 trillion 6, 3, 2, 5, 2, 4, Merchant revenue as a percentage of total transaction volume: Approx. 4% 15, 3, 1, 2, 5, 1, 1/6 1/9 1/12 11/3 11/6 11/9 11/12 12/3 12/6 12/9 12/12 13/3 13/6 13/9 13/12 14/3 14/6 14/9 14/12 15/3 15/6 15/9 15/12 16/3 22 継続課金件数 Recurring オンライン件数 Online 稼動店舗数 Merchants Volume Transaction Volume * Merchants is number of merchants at the end of the quarter. Online and Recurring show quarterly results. Based on GMO-PG data.

23 3. Internet Securities Securities Accounts & Trading Volume (GMO CLICK Securities) No. of Accounts (1,s) 3 Trading Volume (JPY billions) 3, ,327 2,242 2,161 2,38 2,272 2,511 2,51 2,118 2,599 2,38 2,138 2,523 2,436 2,691 2,174 2,176 1,959 2,132 2,74 2,28 2,117 2,5 2, 15 1,5 1 1, /7 14/8 14/9 14/1 14/11 14/12 15/1 15/2 15/3 15/4 15/5 15/6 15/7 15/8 15/9 15/1 15/11 15/12 16/1 16/2 16/3 23 取引口座数 Accounts 月間売買代金 2,327 2,242 2,161 2,38 2,272 2,511 2,51 2,118 2,599 2,38 2,138 2,436 2,523 2,691 2,174 2,176 1,959 2,132 2,74 2,28 2,117 Volumes/mth *Compiled based on GMO CLICK and FX Prime bygmo data Accounts (CLICK) Volume (CLICK)

24 3. Internet Securities FX Accounts & Trading Volume (GMO CLICK Securities, FX Prime bygmo) No. of Accounts (1,s) 7 Trading Volume (JPY trillions) /7 14/8 14/9 14/1 14/11 14/12 15/1 15/2 15/3 15/4 15/5 15/6 15/7 15/8 15/9 15/1 15/11 15/12 16/1 16/2 16/3 取引口座数 Accounts 月間売買代金 Volumes/mth 24 *Compiled based on GMO CLICK and FX Prime bygmo data Accounts (CLICK) Volume (CLICK)

25 3. Internet Securities Business Model - OTC Derivatives Risk Minimization. Cover transactions executed with counter parties as soon as customer orders exceed acceptable risk position Acceptable risk limit for own position GMO CLICK Group Cover customer transactions in excess of certain limit Counter Parties Cover trade Display rate Customer Display rate Matching orders Display rate Customer Sell Order Buy Order *from GMO CLICK HD FYE3/216 Financial Results Presentation 25

26 3. Internet Securities FX Volatility and Revenues Revenue Structure Customer Trades Cover Trades (Customer spread x Trading volume) -(Cover spread x Cover trades) Trading Volume Cover Costs Increase in Volatility Increase Increase Decrease in Volatility Decrease Decrease (Concept diagram) *from GMO CLICK HD FYE3/216 Financial Results Presentation 26