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 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 on them. We do not intend to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable laws.
Table of Contents Table of Contents 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 3
Highlights of Operating Results Highlights of Operating Results (Consolidated) (Consolidated) Revenue from TV broadcasting decreased. � � VAP had excellent DVD sales of NTV dramas and movies, however, total net sales decreased due to fewer volume of CD sales. � Recurring profit and net income increased due to gain on interest in investment partnership and equity in net gains of subsidiaries and affiliates. (Unit: Millions of yen) 9 months ended 9 months ended In/decrease December 31, 2005 December 31, 2006 (%) (Apr.-Dec.) (Apr.-Dec.) Net sales 264,005 254,433 △ 3.6 Operating income 21,761 21,288 △ 2.2 Recurring profit 22,496 24,125 7.2 Net income 8,990 12,982 44.4 4
Cash Flow Cash Flow (Consolidated) (Consolidated) （ Unit : Millions of yen ） 9 months ended 9 months ended In/ decrease December 31, December 31, 2005 2006 (%) (Apr. – Dec.) (Apr. – Dec.) 20,281 23,159 2,878 Cash flow from operating activities △ 16,509 △ 8,319 8,189 Cash flow from investing activities △ 15,817 △ 4,025 11,792 Cash flow from financing activities Cash and equivalents at the end of 54,888 70,182 15,293 period 5
Highlights of Operating Results Highlights of Operating Results (Non- -consolidated) consolidated) (Non � Net sales slightly decreased due to declines in both spot and time sales, though Events / Content business sales increased. � Despite FIFA World Cup, production costs slightly decreased. � Operating income increased in spite of interim period's decline. � Recurring profit increased due to gain on interest in investment partnership in the interim period. （ Unit : Millions of yen ） 9 months ended In/decrease 9 months ended December 31, 2005 (%) December 31, 2006 (Apr.- Dec.) (Apr.- Dec.) △ 0.6 Net sales 217,324 216,125 2.1 Operating income 14,348 14,652 10.9 Recurring profit 15,438 17,124 4,702 10,045 113.6 Net income ★ 7,900 million yen of "loss on devaluation of investment securities" was recorded as extraordinary loss in FY2005. 6
TV Broadcasting Sales TV Broadcasting Sales (Non Non- -consolidated consolidated ） ( ） Time sales Spot sales （ Unit : Millions of yen ） 9 months ended 9 months ended 250,000 Decrease % December 31, 2005 December 31, 2006 Million (Apr.- Dec.) (Apr.- Dec.) Total 191,885 184,251 △ 7,634 △ 4.0 200,000 Time sales 104,997 103,098 △ 1,899 △ 1.8 150,000 Spot sales 86,888 81,153 △ 5,734 △ 6.6 （ Unit : Millions of yen ） 100,000 3 months ended 3 months ended December 31, 2005 December 31, 2006 In/decrease % (Oct.- Dec.) (Oct.- Dec.) 50,000 Total 64,061 62,803 △ 1,257 △ 2.0 Time sales 34,737 35,127 390 1.1 0 Apr.- Dec. '05 Apr.- Dec. '06 Spot sales 29,323 27,675 △ 1,648 △ 5.6 7
Spot Sales by Industry Spot Sales by Industry (Apr.- -Dec.) Dec.) (Apr. 90,000 Share Yoy (%) Million Cosmetics/Toiletries Cosmetics/Toiletries 9.28 △ 2.5 Electronic equipment 75,000 Electronic equipment 9.23 3.7 Automobile Automobile 8.03 △ 4.1 60,000 Transportation/ Transportation/ 7.08 △ 1.7 Telecommunications Telecommunications Non-Alcohol Non-Alcohol 7.04 13.4 45,000 Alcohol Alcohol 6.75 △ 5.6 Finance 30,000 Finance 6.66 △ 27.3 Pharmaceutical Pharmaceutical 5.91 △ 6.5 Sports/Hobby goods 15,000 Sports / Hobby goods 4.25 36.6 Box- Box-office / Entertainment 3.93 13.3 office/Entertainment Other 31.84 △ 15.4 0 Other Apr.- Dec. Apr.- Dec. < Total > 100.00 '05 '06 8
Spot Sales by Industry Spot Sales by Industry (Oct.- -Dec.) Dec.) (Oct. 35,000 Share Yoy (%) Million Electronic equipment 11.32 △ 4.8 30,000 Electronic equipment Cosmetics/Toiletries 8.91 △ 2.7 Cosmetics/Toiletries 25,000 Automobile 8.23 △ 3.1 Automobile Transportation/ 7.97 23.8 Transportation/ Telecommunications 20,000 Telecommunications Pharmaceutical 6.53 4.9 Pharmaceutical 15,000 Finance Finance 5.56 △ 43.1 Sports/Hobby goods Sports / Hobby goods 5.52 44.5 10,000 Alcohol Alcohol 5.28 △ 8.7 Non-Alcohol Non-Alcohol 4.54 13.7 5,000 Cameras / Office Cameras/Office 4.14 △ 1.0 equipment equipment Other 0 Other 32.00 △ 11.60 Oct.- Dec. Oct.- Dec. < Total > 100.00 '05 '06 9
Events / Content Business Sales Events / Content Business Sales （ Non Non- -consolidated consolidated ） （ ） Apr.- Sep. Oct.- Dec. 25,000 （ Unit : Millions of yen ） Million 9 months ended 9 months ended December 31, December 31, Increase % 20,000 2005 2006 (Apr.- Dec.) (Apr.- Dec.) Total 14,968 21,548 6,579 44.0 15,000 10,000 （ Unit : Millions of yen ） 3 months ended 3 months ended December 31, December 31, Increase % 5,000 2005 2006 (Oct.- Dec.) (Oct.- Dec.) 5,550 8,685 Total 3,135 56.5 0 Apr.- Dec. '05 Apr.- Dec. '06 10
Production C Costs osts Production （ Non Non- -consolidated consolidated ） （ ） Apr.- Sep. Oct.- Dec. （ Unit : Millions of yen ） 90,000 Million 9 months ended 9 months ended December 31, December 31, Decrease % 2005 2006 (Apr.- Dec.) (Apr.- Dec.) 60,000 Total 84,413 83,470 △ 942 △ 1.1 （ Unit : Millions of yen ） 30,000 3 months ended 3 months ended December 31, December 31, Decrease % 2005 2006 (Oct.- Dec.) (Oct.- Dec.) Total 27,800 27,703 △ 96 △ 0.3 0 Apr.- Dec. '05 Apr.- Dec. '06 11
Forecast for FY2006 Forecast for FY2006 ≪ Net sales / Operating income / Recurring profit / Net income ≫ (Unit : Millions of yen) Operating Recurring ＜ Consolidated ＞ Net sales Net income income profit Revised Forecast 336,000 23,000 26,000 14,000 Previous Forecast 330,000 19,500 22,000 12,500 (As of Nov.16, 2006) (Unit : Millions of yen) Operating Recurring ＜ Non-consolidated ＞ Net sales Net income income profit Revised Forecast 285,000 15,000 18,000 10,000 Previous Forecast 282,000 11,500 15,000 8,500 (As of Nov.16, 2006) ★ As of February 8, 2007 12
Forecast for FY2006 Forecast for FY2006 ≪ Business Segment ≫ (Unit : Millions of yen) Operating Operating Net sales expenses income Television Broadcasting 266,800 235,800 31,000 Cultural Activities 65,000 60,500 4,500 Other 13,100 11,500 1,600 Subtotal 344,900 307,800 37,100 Elimination/Corporate △ 8,900 5,200 △ 14,100 Consolidated 336,000 313,000 23,000 ★ As of February 8, 2007 13
(Ref.) Forecast for CAPEX and Depreciation Ref.) Forecast for CAPEX and Depreciation ( (Unit : Billions of yen) <Consolidated> CAPEX Depreciation FY2006 7.6 14.7 (Unit : Billions of yen) <Non-consolidated> CAPEX Depreciation FY2006 7.1 13.4 FY2007 6.3 11.9 FY2008 9.7 11.5 FY2009 8.9 10.9 FY2010 8.4 10.5 ★ As of February 8, 2007 14
Programming strategy Programming strategy April 2007 programming reforms April 2007 programming reforms � Create programming schedule that will gain high viewer ratings and increase profitability through four major reforms within two years. ＊ October 2006 Introduced "News ZERO“ in 23:00 time slot ＊ April 2007 Golden and Prime time slots Changing 36% of Prime time slot ＊ October 2007 Non-prime time slots ＊ April 2008 Prime and Golden time slots (part 2), Supplement all time slots 15
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