Overall Q3 sales decreased by 10.4% year-over-year to 172.1 billion yen, and operating profit plummeted by 76.7% to 10.3 billion yen, largely due to a significant decline in game sales.
02
Game sales decreased by 50.0% year-over-year to 46.2 billion yen in Q3, with operating profit down 77.6% to 9.8 billion yen, attributed to the previous year's peak title release and big events.
03
Advertising sales remained strong, growing by 21.6% year-over-year to 99.5 billion yen in Q3, achieving a new record high, with operating profit up 19.0% to 6.1 billion yen.
04
Media sales grew by 48.2% year-over-year to 29.5 billion yen in Q3, driven by ABEMA PPV and related businesses, despite an operating loss of 3.9 billion yen.
05
SG&A expenses increased by 22.7% year-over-year to 37.8 billion yen in Q3, primarily due to increased marketing expenses for "WINTICKET" and special incentives.
06
ABEMA achieved over 81 million downloads and recorded its highest-grossing PPV sales ever in Japan with "THE MATCH 2022," and will broadcast the FIFA World Cup.
07
The company forecasts a 5.0% increase in Net Sales to 700 billion yen for FY2022, but anticipates a 32.9% decrease in Operating Profit to 70 billion yen and a 39.8% decrease in Net Profit to 25 billion yen.
Insights
01
Overall Q3 sales decreased by 10.4% year-over-year to 172.1 billion yen, and operating profit plummeted by 76.7% to 10.3 billion yen, largely due to a significant decline in game sales.
02
Game sales decreased by 50.0% year-over-year to 46.2 billion yen in Q3, with operating profit down 77.6% to 9.8 billion yen, attributed to the previous year's peak title release and big events.
03
Advertising sales remained strong, growing by 21.6% year-over-year to 99.5 billion yen in Q3, achieving a new record high, with operating profit up 19.0% to 6.1 billion yen.
04
Media sales grew by 48.2% year-over-year to 29.5 billion yen in Q3, driven by ABEMA PPV and related businesses, despite an operating loss of 3.9 billion yen.
05
SG&A expenses increased by 22.7% year-over-year to 37.8 billion yen in Q3, primarily due to increased marketing expenses for "WINTICKET" and special incentives.
06
ABEMA achieved over 81 million downloads and recorded its highest-grossing PPV sales ever in Japan with "THE MATCH 2022," and will broadcast the FIFA World Cup.
07
The company forecasts a 5.0% increase in Net Sales to 700 billion yen for FY2022, but anticipates a 32.9% decrease in Operating Profit to 70 billion yen and a 39.8% decrease in Net Profit to 25 billion yen.