Wedge Holdings Co., Ltd.
May 2013
Business Presentation
28th May 2013www.wedge-hd.com
1

Contents
Part 1 Second quarter financial results- Consolidated Operating Results(P/L)- Consolidated Financial Condition(B/S)- Segment Results
・ Individual Business Topics- Finance Business- Contents BusinessPart 2 Future Prospects- Finance Business・ More growth in Thai market- Contents Business・ Contract with new client in card game・ Expectation for growth in Music businessPart 3 Sales and Earnings Forecast- Sales and Earnings Forecast- Other Topics
2Second Quarter
Financial Results

http://www.wedge-hd.com/cms_v2/assets/files/IR/NEWS/2013/i20130515_3.pdf

3Consolidated Operating Results(P/L)（Units：1000y en）

Sales
Operating Profits
Recurrent Profits
Net Profits

4

Second quarter
Second quarter
September 31, 2012 September 31, 2013
1,586,870
2,201,414
442,750
509,733
490,239
558,009
128,462
236,833

Year-on-year
138.7%
115.1%
113.8%
184.4%

Consolidated Financial Condition(B/S)（Units：1000 yen）

Consolidated Balance Sheet
Current assets
Fixed asset
Investments and otherassets (inclusive)
Total assets
Current liabilities
Fixed liabilities
Total liabilitiesTotal shareholders' equity
Total net assets

Current ratio
Fixed ratio
Shareholders' equity ratio
D / E Ratio

5

Second quarter
September 31, 2012
7,537,356
2,919,440

Second quarter
September 31, 2013
13,835,867
3,188,082

2,217,052

2,469,999

111.4%

10,456,797
2,417,769
1,535,781
3,953,551
4,734,041
6,503,246

17,023,950
4,328,831
3,657,713
7,986,545
4,970,875
9,037,405

162.8%
179.0%
238.2%
202.0%
105.0%
139.0%

311.7%
61.7%
45.3%
74.2%

319.6%
64.1%
29.2%
147.0%

Year-on-year
183.6%
109.2%

Segment Results（Units：1000 yen）

Segment Reoprt
Finance Business
Contents Business
Merchandising Business
Total

6TurnoverSegment Profits
Turnover
Segment Profits
Turnover
Segment Profits
Turnover
Segment Profits

Second quarter
September 31, 2012
984,289
413,259
391,450
165,361
210,311
14,9901,586,878
442,750

Second quarter
Year-on-year
September 31, 2013
1,722,384
174.99%583,652
141.23%
301,263
76.96%
62,72737.93%
176,961
84.14%
3,933 Turnaround2,201,414
138.73%509,733
115.13%

Individual Business Topics

7Rapid Growth from ExpandingOperations
 Growth of about 76% of total loans (portfolio) in one year

End of March 2013
End of March 2012
2,041 Million Baht

3,591 Million Baht
(approx. 12.4 billion yen)(approx. 7 billion yen)

8

※23rd May 2013 Yendenominated exchange rate.
For convenience, calculation
is of 3.47 yen per 1 Baht

【Finance Business】

Most recent results of Group Lease PLC in 2013

Group Lease PCL consolidated results (Thailand standard) March 31, 2013
（Units：1000 Thai Baht）

GL Operating Results

91Q 2012

1Q 2013

YOYSales193,317

320,366

165.7%

Operating Profit

72,955107,030

146.7%

Quarterly Net Profit

55,803

85,105152.5%

Quarterly Net Profit
Per Share

0.07

0.11

157.1%

【Contents Business】
Weak but with continuous recovery（Units：1000yen）

Segment Reoprt
Contents Business

Turnover
Segment Profits

Second quarter
September 31, 2012
391,450
165,361

Second quarter
Year-on-year
September 31, 2013
301,263
76.96%
62,72737.93%

 Record high card game royalty revenue last year
weakened resulting in the negative impact ofprofits.
 In recovery compared to the previous quarter.
 Sales of new card game to be recorded in 3rd quarter• Development of pre-ordered new card game. Sales will berecorded in the 3rd quarter due to the launch period.
Some prior investment costs have occurred.

10Future Prospects

11Further Growth in Thailand’s
Domestic Market
 Finance Business in Thailand pursues further
2013 target
expansion

average monthly
contract units

2012 4Q averagemonthly contract2012 3Q average units
monthly contractunits
2011 averagemonthly
contract units

3,000 units
126,000units

7,000 units

2013 1Q averagemonthly contract
standards

8,000units

10,000units

Prospect of Contents Business Cultivating new customers with card gamebusiness New card game development project entrusted byGree Entertainment Products Co., Ltd.
• 27th June Release
Starting from
『Sieg Krone: Part 1「Kerberos Crusaders」』
and more to be released※『 Sieg Krone 』 developer interview page on web
http://news.dengeki.com/elem/000/000/625/625907/index-2.html

 Card game development
will become the axis of futurebusiness development
13© GREE, Inc.
© GREE Entertainment Products, Inc.

Anticipated Growth in the MusicBusiness Belonging artist ‘ALDIOUS’s New Album hit
top four in the Oricon Chart• Development of new genre and girl’s metal• First-ever 4th on the daily chart and 7th on theweekly chart for the independent girls group14

Sales and Earning Forecast
And Other Topics

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September 2013 Earnings Forecast
 Upward Revision of Full Year Earnings
Forecast
Fiscal 2012 results
Sales
Operating Profits
Recurrent Profits
Net Profits

3,319
842
894
172

Fiscal 2013 primarily Fiscal 2013 revisedearnings forcast
earnings forcast
4,000
1,250
1,250
400

4,500
1,250
1,250
1,400

• Assumption of revenue boost in the 2nd half due toincrement of total number of contracts from theFinance Business• 1.05 billion yen of expected income from the sale ofinvestment securities

16Unrealized Profits and CompanyHeld Shares’ Total Market Value
Total Market Value

Transition of GL Market Value（Units：Thai Baht）

Group equity market value
Group's hidden profit

10,000,000,000

8,000,000,000

6,000,000,000

4,000,000,000

2,000,000,000

017Total market value of
10.9 billion THB（approx. 37.9 billionyen）
Total of THB 3,659 million (approx.
12,698 million yen) in hidden
profits due to the increment of
total market value compared tobook price.

Thank you!
Contact details for IR-related inquiries
Wedge Holdings CO., LTD. Management
Administration Department
TEL: 03-6225-2161 / FAX: 03-3548-0566
wedge-ir@wedge-hd.com
http://www.wedge-hd.com*These materials include statements concerning the future, but these statements are not a guarantee offuture results. Furthermore, the content of these materials has not been audited and neither its accuracy
nor certainty is guaranteed.
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