FIELDS CORPORATION held a financial briefing for the Q1 of the FY2019 at Shibuya Garden Tower (Shibuya-ku, Tokyo) on August 8, 2019 (Thursday) at 11:30 am.
This page provides an overview of our explanation at the financial presentation.
Consolidated P/L (summary)
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We recorded the net sales of ¥19.09 billion (increase of ¥10.16 billion YoY), the SG&A expenses of ¥3.39 billion (decrease of ¥0.75 billion YoY), the operating loss of ¥0.68 billion (a YoY improvement of ¥2.05 billion), the ordinary loss of ¥0.63 billion (a YoY improvement of ¥2.12 billion), and the loss attributable to owners of parent of ¥0.67 billion (a YoY improvement of ¥2.27 billion).
Consolidated B/S (summary)
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The consolidated B/S was in line with plans. There was no significant movement on the B/S.
Consolidated C/F (summary)
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The cash flows from operating activities increased by ¥4.23 billion. This is mainly due to the difference in the schedule of collecting and paying the money for the pachinko/pachislot (hereinafter, “PS”) machines in the sales of new machines. The result was in line with plans.
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In the PS business, we have sold a total of 41,000 units (increase of 18,000 units YoY), including 25,000 units of Pachinko GANTZ:2. In the latest sales, we are selling the six titles of machines; three titles for pachinko and three titles for pachislot. Also we plan to sell a total of 15 titles including amadigi-type machines in this fiscal year.
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We have been developing the PS distribution services utilizing our sales capabilities. We recorded the net sales of ¥90 million (increase of ¥80 million YoY) in the installation and parts checking operations of PS machines, and ¥220 million (increase of ¥210 million YoY) in the web ad business.
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The production of SHIN ULTRAMAN, which is scheduled to be released in 2021, was announced on August 1, 2019. This project is widely reported by media and highly anticipated, as it will be produced and screenplay by Hideaki Anno, who worked on the Evangelion series and Shin Godzilla, and directed by Shinji Higuchi, who directed Shin Godzilla. The works they produced have made results in box office and number of visitors. Therefore, we expect a great success as well for SHIN ULTRAMAN.
Until now, Tsuburaya Productions Co., Ltd. had positioned movies as advertising campaigns to sell goods and its main source of earnings had been the broadcast syndication of old works. From now on, we are promoting businesses to steadily increase revenues from movies and video streaming, and SHIN ULTRAMAN is the first initiative. Furthermore, we aim to expand earnings by goods and license sales, through developing IP not only in Japan but overseas including Asia and Western countries.