Supplemental Data for theConsolidated Financial Results
for the Full Fiscal Year Ending
March 2015 (FY2014)© 2015 Faith, Inc. All Rights Reserved.

Consolidated Financial Results
for the Full Fiscal YearEnding March 2015 (FY2014)© 2015 Faith, Inc. All Rights Reserved.

1

Consolidated Financial Result Highlights for FY 2014
Including the Columbia Business Segment’s sales and operating loss, the Group recorded net sales of¥19,590 million and an operating loss of ¥890 million. With the recording of impairment losses on goodwill
by Nippon Columbia Co., Ltd. and OKLife Inc., the Group posted a net loss for the year of ¥3,340 million.
Net sales:billion yen

900
800700600
500
400
3002001000FY10FY11FY12FY13FY14Net sales

842

3346763195

Operating income

2116105-8Net income

1267

114-3390
Operating
80 income:70 billion yen
60
5040
30
20
100-10-20-30-40※Following the disposal of the Company’s consolidated subsidiary WebMoney Corporation in July 2011, the Electronic Money Business
was eliminated and sales revenue has not been recorded in this segment since FY 2012 Q2.
© 2015 Faith, Inc. All Rights Reserved.

2Results of the Content Business During FY2014
In the Content Business, net sales were ¥4,550 million (down 9.1% year on year) due mainly to declining
sales of feature phone services. Also, operating income was ¥168 million (down 64.0% year on year) dueto increasing costs in connection with the start up of new services in addition to the decline in sales.
Net sales: inJPY millions

8,000

1,000

7,000

900 income: : inOperating

800

6,000

700

5,000

600

4,000

500
400

3,000

300

2,000

200

1,000
0100
FY10FY11FY12FY13FY14Net Sales

7,3956,372

5,303

5,007

4,550

Operating income

647990843467

168© 2015 Faith, Inc. All Rights Reserved.

JPY millions

03

Results of the Point Service Business During FY2014
Sales of points increased in line the opening of new point member stores and sales promotion,
resulting in net sales of ¥2,454 million (up 84.2% year on year). However, the profit ratio declined due
to redemptions of former points, resulting in operating income of ¥26 million (down 35.6% year onyear).
2,500

200

2,000

Operatingincome: :in JPY
160 millions

1,500120

1,000

8050040Net sales: : in
JPY millions

0FY10

FY11

FY12

FY13FY14Net sales

1,630

1,326

1,429

1,332

2,454

Operating income

187151

169

4026※GoodyPoint Co., Ltd. has changed its settlement date and consequently this company’s accounting year totaled 13 months during FY 2014.
© 2015 Faith, Inc. All Rights Reserved.

04

Results of the Columbia Business During FY2014
In line with the continuing contraction of the music market, the Columbia Business experienced an overall
decline in sales of music CDs and digital distribution titles, producing net sales of ¥12,591 million. Also,
lower sales of high-margin titles released in past years and of transactions utilizing past sound sources
decreased the profit level, resulting in an operating loss of ¥1,104 million.
Net sales: :in JPY
millions

14,0008,400

12,000Operating
7,200 income: : inJPY millions

10,000

6,000

8,000

4,800

6,000

3,600

4,000

2,400

2,000

1,200

00-2,000
Net sales
Operating income

‐

FY10

FY11

FY12

FY13

FY14----

12,591‐-1,104‐‐-1,200※Because the Columbia Business Segment’s sales and operating loss have been included in the Faith Group’s business performance only since the start ofthe current fiscal year, no comparisons with the previous fiscal year are given.
© 2015 Faith, Inc. All Rights Reserved.

5

FY2014 Consolidated Business Performance by Segment(Compared with the Previous Fiscal Year)(Unit: million yen)

※The adjustment amount is due to the elimination of inter-segment transactions.
© 2015 Faith, Inc. All Rights Reserved.

6

FY2014 Consolidated Balance Sheet(Compared with the End of the Previous Fiscal Year)
Notes/accounts payable 12(Unit: billion yen)

Short-term & long term loans 10

Cash &deposits 142

Other current
liabillties 40

280
Notes/accounts payable 11

Fixed liabilities 13
Cash &deposits 131

Capital surplus 37
Notes/accounts
receivable 32

Tangible fixed
assets 31
Intangible fixed
assets 51
Investments/
other assets 20260

Short-term & long term loans 13 240

Capital 32

Other current
assets 23300

Other current
liabillties 48

220

Fixed liabilities 9180

Capital 32

160

200

140
Retainedearnings,etc.
154

Equity capital:¥20.8 billion(Capital ratio:69.6%)

End of March 2014: Total assets ¥29.9 billion© 2015 Faith, Inc. All Rights Reserved.

Notes/accounts
receivable 29
Other current
assets 22
Tangible fixed
assets 30
Intangible fixed
assets 27
Investments/
other assets 19

Capital surplus 37

Retainedearnings,etc.
1081201008060

Equity capital:¥16.8 billion(Capital ratio:65.5%)40200

End of March 2015: Total assets ¥25.8 billion
7

FY2015 Business PerformanceForecast© 2015 Faith, Inc. All Rights Reserved.

8

FY2015 Full Year Business Performance Forecast
Amid a continuing decline in sales of existing services and in line with the expansion of new services, theGroup is forecasting net sales of ¥20 billion (up 2.1% year-on-year). Moreover, with the anticipatedreturn to profitability of the Columbia Business following its structural reforms and of revenue from newservices, the Group is forecasting an operating income of ¥400 million and a net income of ¥150 million.
40080

Net sales :300
in JPYbillions

Net60income: :in JPYbillions

200

40

100

2000-20FY11FY12FY13FY14FY15(Forecast）

Net sales

334

6763

196

200

Operating income

16105-84Net income

67

114-331.5-40※Following the disposal of the Company’s consolidated subsidiary WebMoney Corporation in July 2011, the Electronic Money Business waseliminated and sales revenue has not been recorded in this segment since FY 2012 Q2.

© 2015 Faith, Inc. All Rights Reserved.

9

FY 2015 Consolidated Business Performance
Forecast by Segment(Unit: million yen)

※The adjustment amount is due to the elimination of inter-segment transactions.
© 2015 Faith, Inc. All Rights Reserved.

10Reference Materials© 2015 Faith, Inc. All Rights Reserved.

11

FY2014 Consolidated Net Sales(Compared with Previous Fiscal Year)(Unit: million yen)-FYFY1320135,000

10,00015,00020,00025,0006,340

Content
コンテンツ事業
Business

Point
Service
ポイント事業
Business▲457+1,122

Columbia
コロムビア事業
Business+12,591

4,445
FY14
FY 2014© 2015 Faith, Inc. All Rights Reserved.

19,59712FY2014 Consolidated Operating Income(Compared with Previous Fiscal Year)(Unit: million yen)
(1,000)

(800)

(600)

(400)

(200)

-200

FY 2013
FY13▲299

Point
Service
ポイント事業
Business

Adjustment
調整額
Amount600

476

Content
コンテンツ事業
Business

Columbia
コロムビア事業
Business400▲14▲1,104+17

FY14
FY 2014▲891※The adjustment amount is due to the elimination of inter-segment transactions.
© 2015 Faith, Inc. All Rights Reserved.

13

FY2014 Consolidated Ordinary Income(Compared with Previous Fiscal Year)(Unit: million yen)

(1,000)

(800)

(600)

(400)

(200)

FYFY132013

400600△570▲1,400

受取利息の減/Interest
Received
Decrease/Interest
支払利息の増PaidIncrease

▲16

その他
Other

200

586

Operating
Income
営業利益の減Decrease

Investment
Loss
持分法によるon Equity Method
投資損失の減Decrease-▲71+39△386
FYFY142014© 2015 Faith, Inc. All Rights Reserved.

▲ 862

14

FY2014 Consolidated Net Income(Compared with Previous Fiscal Year)(Unit: million yen)
(4,500)(4,000)(3,500)(3,000)(2,500)(2,000)(1,500)FY FY132013

184790Decrease in
経常利益の減Ordinary
IncomeOrganizational
組織改革関連損失
Reform-RelatedLoss▲434500▲116

Decreasein Gain on Sale
投資有価証券評価損の減
of Investment Securities+175

のれん減損損失
Goodwill impairment
loss

Increasein
法人税等の増Corporation Tax-▲1,448▲164

Overseasbusiness
海外事業整理損
liquidation loss(500)403

Decrease in gains related
段階取得に係る差益の減
to step acquisition

impairment
loss
減損損失

(1,000)▲2,062▲143▲316

Increasein Loss on
少数株主損失の増Minority Interests
その他
OtherFY FY142014© 2015 Faith, Inc. All Rights Reserved.

+811
▲45
▲3,34015

NoticeThis document and its supporting documents containprojections of our company’s future performance. These areestimates by the management of Faith based on currently
available information. There are potential risks anduncertainties that may affect the results. Please be advised that

actual performance may differ significantly from the forecast.

© 2015 Faith, Inc. All Rights Reserved.

16