The Greatest Leisure for All People

Financial Presentation
for the Nine Months Ended December 31, 2015

FIELDS CORPORATIONTSE 1st 2767
February 1, 2016
Copyright 2016 FIELDS CORPORATION All rights reserved.

Index1Overview2

Summary of Results for the Nine Months Ended
December 31, 2015 (Consolidated)

Ref.
(Reference)

Trends in Pachinko/Pachislot Market and Data

3

IP Initiatives

Copyright 2016 FIELDS CORPORATION All rights reserved.
11 Overview
Management/Results
Q1-3 results: Net sales of 71.62 billion yen, Ordinary income of 2.19 billion yen－ Net sales increased 144.3% compared to the same period in the previous fiscal year

Pachinko/pachislot machine Sales
Total sales: 220,000 units (Pachinko machine: 126,000 units, Pachislot machine: 93,000 units)－ 13 titles launched (7 pachinko titles*, 6 pachislot titles) * Including 2 titles with different spec

IP
Total number of IP: 167, Number of media for IP development in year ending
March 31, 2016: 96－ Progress in cross-media expansion, including HERO’S IP

ForcastFull-year：Net sales of 120 billion yen, Ordinary income 6.5 billion yen－ In the sale of pachinko/pachislot machines, we will strive to plan, develop and sell machines which comply
with the new regulations and which help to revitalize the market

Copyright 2016 FIELDS CORPORATION All rights reserved.
2

2

Summary of Results(Consolidated)
Nine Months Ended December 31, 2015

Consolidated P/LMain pachinko/pachislot machines
lineupConsolidated B/SConsolidated cash flow

Copyright 2016 FIELDS CORPORATION All rights reserved.
3

Summary of Results for the Nine Months Ended
December 31, 2015 (Consolidated)

Consolidated P/L(Unit: Billions of yen)

Year ended March 31, 2015

Q1-3

Net sales
Gross profit
SG&A expenses
Operating income
Ordinary income
Extraordinary income(loss)Net income attributable toowners of pearent

Full-Year

29.31

99.55

Year ending March 31, 2016
YoY
Increase/Decrease
(%)

Q1-3

71.62

(100.0%)（100.0%)(100.0%)

10.51

28.46

(35.9%)（28.6%)

20.25

17.11

23.72

(58.4%)（23.8%)(6.59)

4.74(28.3%)

18.09(25.3%)

2.16(-)（4.8%)(3.0%)(5.63)

5.49

2.19(-)（5.5%)(3.1%)

0.36

0.26

0.12

(1.3%)(0.3%)(0.2%)(3.21)

3.01(-)(3.0%)

0.77(1.1%)

Full-Year
Forcast＋144.3%120.00＋92.7%-＋5.7%--6.00-(100.0%)(5.0%)

6.50(5.4%)(66.4%)--3.50(2.9%)*Figures within parentheses are the ratio to sales.
Copyright 2016 FIELDS CORPORATION All rights reserved.
4

Summary of Results for the Nine Months Ended
December 31, 2015 (Consolidated)

Main pachinko/pachislot machine lineup
Q1

Q3

Q2

CR EVANGELION 9Type zero ver.

CR Million
GOD RISINGCR Martian Successor
NADESICO

CR Sakigake
Otokojuku

CR EVANGELIONⅩ

CR Midoridon
Hanabi DEBuon giorno

Q4Q1-3
CR Million
GOD RISINGーZEUS Returns

CR Tengen Toppa
Gurren Lagann

Pachinko

126,000
machines
YoY
7.4% up

EVANGELION—Spear of HopeResident Evil 6

ASURA’S WRATH

MAJESTIC
PRINCEOh My Goddess!

ComingSoon

MOBILE SUITGUNDAM

EVANGELION―Tamashii wo Tsunagumono

Awakening –Chained battle –NINJAGAIDEN…

HIGURASHI NONAKUKORONI―KIZUNA

Pachislot

93,000machines
YoY
164.6% up

ComingSoon…

Q1-3; Number of pachinko/pachislot machisnes sold: 220,000 (YoY 43.7% up)* The above number of machines within parentheses posted to sales includes pachinko/pachislot machines other than the titles noted here.
©カラー ©Bisty ©UNIVERSAL ENTERTAINMENT ©ジーベック/ナデシコ製作委員会・テレビ東京 ©ジーベック/1998 NADESICO製作委員会 ©Bisty©宮下あきら／集英社・東映アニメーション © Sony Music Artists Inc. © イノキ・ゲノム・フェデレーション © ⻲⽥プロモーション ©カラー ©Bisty ©SANKYO©CAPCOM CO., LTD. ALL RIGHTS RESERVED. ©創通・フィールズ／MJP製作委員会 ©創通／フィールズ ©ヒーローズ Produced by D-light ©藤島康介／講談社©GAINAX・中島かずき/アニプレックス・KONAMI・テレビ東京・電通 ©GAINAX・中島かずき/劇場版グレンラガン製作委員会 ©UNIVERSAL ENTERTAINMENT ©MIZUHO©コーエーテクモゲームス ©コーエーテクモウェーブ ©NANASHOW ©⻯騎⼠07・07th Expansion/Alchemist ©D-light©創通・サンライズ 製造元/株式会社ビスティ

Copyright 2016 FIELDS CORPORATION All rights reserved.
5Summary of Results for the Nine Months Ended
December 31, 2015 (Consolidated)

Consolidated B/SNotes and accounts receivable—trade, and notes and accounts payable—tradedecreased with pachinko and pachislot machines sales(Unit: Billions of yen)March 31, 2015

December 31, 2015 Increase/Decrease

Current assets

71.01

49.04

(21.97)

Tangible fixed
assets

12.19

11.67

(0.51)

Intangible fixed
assetsInvestments andother assets

4.49

4.06

(0.42)

22.6124.37＋1.75

Total assets

110.31

89.15(21.15)Current liabilities

45.77

25.47

(20.29)Fixed liabilities

4.29

4.46

＋0.16

Net assets

60.24

59.21(1.03)

Total liabilities andnet assets

110.31

89.15(21.15)Main factors for increase/decrease
Decrease in notes and accounts receivable― trade

Increase in Long-term loans

Decrease in notes and accounts payable—trade
Decrease in accrued income taxes

Decrease in retained earnings

Copyright 2016 FIELDS CORPORATION All rights reserved.
6

Summary of Results for the Nine Months Ended
December 31, 2015 (Consolidated)

Consolidated cash flow

Cash and cash equivalents stood at ¥24.1 billion as of Dec. 31, 2015,
an increase of ¥8.3 billion since the beginning of the period(Unit: Billions of yen)

2015.03 Q1-3

2016.03 Q1-3

Operating cash flows(12.23)

8.89

Investing cash flows(4.83)(3.22)

Financial cash flows

0.77

2.69

Cash and cash equivalents
at beginning of period

29.58

15.82

Cash and cash equivalents
at end of period

13.29

24.18

Analysis of main factors
Income before income taxes and minority interests
Decrease in notes and accounts reseivable—tradeDecrease in notes and accounts payable—trade
Income taxes paid

＋2.31
＋35.09(25.29)(3.38)

Expenditure for loans
Proceeds from loans receivable(4.47)＋1.59

Proceeds from short-time borrowings
Dividends paid

＋4.86
(1.98)

Copyright 2016 FIELDS CORPORATION All rights reserved.
7

Reference

Trends inSales forecasts for pachislot companies
Status of pachislot machines sales

Pachinko/Pachislot

Status of pachislot machines installed

Market and Data

Sales forecasts for pachinko companies
Status of pachinko machines sales
Status of pachinko machines installed
SCA; status of implementation of modelcertification test
Future pachinko/pachislot machines

Copyright 2016 FIELDS CORPORATION All rights reserved.
8

Trends in Pachinko/Pachislot Market and Data

Status of pachislot machine sales
In 3Q, number of titles sold increased significantly,
and number of machines sold also topped 300,000 for the quarter
Number of pachislot machines soldJan.-Mar.
Jul.-Sep.

(10,000 machines)

Oct.-Dec.
Apr.-Jun.

180

Number of pachislot titles sold(Titles)34
3760

0Oct.-Dec.

Jul.-Sep.

Apr.-Jun.

120

91

140
120

Jan.-Mar.

114
2880

862331323126353028

3.20143.20153.2016782119234001771
31272023202217

3.20143.20153.2016

Source: Fields
Copyright 2016 FIELDS CORPORATION All rights reserved.
9

Trends in Pachinko/Pachislot Market and Data

Status of pachislot machine installed
The number of machines installed was slight increase from the end of 2014,
and the share of machines installed increased for Normal/ART-type machines
Number of pachislot machines installed

設置台数

Share of pachislot machines installed
AT-typemachines(10,000 machines)
100%

200

160

164

165

ART-typemachines*Share of machines installed as ofthe year ended December 31, 2015

80%

150

Nomal-typemachines

45.2%

60%

100

50

040%

19.2%

20%

35.6%

0%
Dec. 2013

Dec. 2014

Dec. 2015

Dec. 2013

Dec. 2014

Dec. 2015

Source: The number of machines installed in December 2013 and 2014 are statistics from the National Police Agency, and the figure for December 2015 was calculated by theCompany based on data released by the Zennichiyuren. The share of machines installed is based on the Company’s research.
Copyright 2016 FIELDS CORPORATION All rights reserved.
10Trends in Pachinko/Pachislot Market and Data

Status of pachinko machine sales
Intensive sales during Oct. and released no big titles between Nov.-Dec., resulting indecreases in both the number of titles and the number of machines sold during the Q3
Number of pachinko machines sold(Millions of machines)

Jan.-Mar.

Oct.-Dec.

Jul.-Sep.

Apr.-Jun.

2.21

2.20

0.44

0.49

0.65
1(Titles)Jan.-Mar.

Oct.-Dec.

Jul.-Sep.

Apr.-Jun.

240

32

Number of pachinko titles sold

0.64

190
1.59

160

157
42

0.54
80

45

0.61

0.57

0.54

35

0.50

0.49

0.50

35

003.2014

3.20153.2016

3.2014

45

136

50

49

44

4451

43

3.20153.2016

Source: Fields
Copyright 2016 FIELDS CORPORATION All rights reserved.
11

Trends in Pachinko/Pachislot Market and Data

Status of pachinko machines installed
Number of machines installed has been trending downward, and the share of machines
installed since Nov. has increased for middle low and light middle-type machines
Number of pachinko machines soldNumber of pachinko titles sold

設置台数

(Millions of machines)

MAX-type

Middle high-type

Light middle-type

4

3

100%

3.00

2.95

2.90

30.2%

80%

7.4%
8.5%14.0%

240%

20%

0Dec. 2013

Dec. 2014

Dec. 2015

Amadigi-type,other*Share of machines installed as of December 31, 2015

60%

1Middle low-type

0%
Dec. 2013

39.8%
Dec. 2014

Dec. 2015

Source: The number of machines installed in December 2013 and 2014 are statistics from the National Police Agency, and the figure for December 2015 was calculatedby theCompany based on data released by the Zennichiyuren. The share of machines installed is based on the Company’s research.
Copyright 2016 FIELDS CORPORATION All rights reserved.
12Trends in Pachinko/Pachislot Market and Data

SCA; status of implementation of model certification test
Ratio of pachislot machines passing test ratio has hovered around 40%,
whereas the ratio for pachinko machines dip below 60% in December
Number of pachislot machines passing
model certification test

Number of pachinko machines passing
model certification test

(model type)(model type)
Pass
45

50

86%

90%

4080%
29 31 29
45%

20

38%

49%

19 19

29%

47%

44%

28

43%

1514

47% 46%

40%

35%

53

083%

90%

79%

72%
5937

41

45
36

4750

5467%

70%

60%

60%

56%
35

2050%
40%

36
2830%20%
10%

10%0%

100%

80%

5030%
20%

10

Passing test ratio

75%

60

4089%
81%

67%

50%
41%

38%

1360%

77%

8070%
30

PassPassing test ratio 100% 10000%

Source: Security Communications Association
Copyright 2016 FIELDS CORPORATION All rights reserved.
13

3IP Initiatives

Status of IP development
Status of IP creation
Visual distribution of IP(Reference) Future of IP visual development

Status of IP merchandising

Copyright 2016 FIELDS CORPORATION All rights reserved.
14

IP Initaitives

Status of IP development
Total number of IP: 167 titles
Plans to develop in 96 media in Year ending March 31, 2016
Total IP
Existing IP(Number of media developments finalized as of December 31, 2015)

New developed IP

7172
571212167
150

Number of media for IP development
Other Companies' IPCollaboration IP

Fields' IP

96

99

66

66

85

1264

(5)

(6)

(5)

* Figures in parentheses refer to numberof films made using Fields’ IP.
3.20153.2016 (E)3.2017 (E)3.20153.2016 (E)3.2017 (E)* The creation of our own IP refers primarily to the number of new works published in “HERO’S” Monthly. /Merchandising refers primarily to the total number of social games, PS and publications in book format.

Copyright 2016 FIELDS CORPORATION All rights reserved.
15

IP Initaitives

Status of IP creation
Progress in cross-media expansion of HERO’S IP
Status of IP development
・ 56 titles created (from November 2011）
・ Level-5 Inc.’s original “USHIRO” launchedwith January 2016 volume

Status of cross-media development
・ 7 IP currently being developed for visual
・ 7th volume of “ULTRAMAN” published, with cumulative
copies sold surpassing 2 million
・ Development of “Tengen Toppa Gurren Lagann” pachinko
machines as part of the cross-media expansion
・ Decision made for distribution of digital comics to China

Published from Dec. 2015

Installment from Feb. 2016

©Eiichi Shimizu Tomohiro Shimoguchi ©円⾕プロ ©ヒーローズ©GAINAX・中島かずき/アニプレックス・KONAMI・テレビ東京・電通 ©GAINAX・中島かずき/劇場版グレンラガン製作委員会 ©UNIVERSAL ENTERTAINMENT ©MIZUHOCopyright 2016 FIELDS CORPORATION All rights reserved.
16

IP Initaitives

Visual distribution of IP
Merchandising of IP through various media, starting with visualizing
Ultraman X

Active Raid/Grimgar, Live and Act

・Decision made for theater release in March 2016
・Simultaneous distribution overseas exceeded 390million views
・Ramped up advertising and product development
in Japan and overseas (*See p.19 for details)

・Commenced TV broadcasts in January 2016
・Plans in place for IP merchandising, including games
and pachinko/pachislot©2016「劇場版 ウルトラマンＸ」製作委員会©創通・フィールズ・フライングドッグ／ACTIVERAID PARTNERS©2016 ⼗⽂字⻘・オーバーラップ／灰と幻想のグリムガル製作委員会

Began adapting into comic
form in Jan. 2016

Decision made by GREE, Inc.
to adapt into social game

Copyright 2016 FIELDS CORPORATION All rights reserved.
17

IP Initaitives

Status of IP merchandising (Social game)Continued to concentrate on enhancing profitability and game function(As of December 31, 2015)

Actual status

Forecast

・8 titles currently in service
Of these, 2 titles distributed in December
・Cumulative total of 8.43 million people registeredfor “AKB48” series

・1 title scheduled for release in 4Q
・Concentrate on enhancing profitability and game
function of existing 8 titles

Social game titles in service
Title

ReleaseAKB48 Stage Fighter

Oct. 2011

AKB48's Ambition

Jan. 2013

AKB48 Group Official Music GameMay 2014

Freezing Vibration

Dec.

ANIMAL × MONSTER

Mar. 2015

the TOWER of PRINCESSAug.

the SOUL of SEVENSDec.

GUALDIANS VIOLATION

Dec.

* The social game titles listed in the table above include license development.

Release titles in the year ending March 31, 2016

©Fields©Fields/PG Universe©Fields

Copyright 2016 FIELDS CORPORATION All rights reserved.
18

IP Initaitives

Status of IP merchandising (License)
Expanding the world of Ultraman to diverse customer groups(As of December 31, 2015)

Ultraman Series

A MAN of ULTRA・Ramped up product development in Japan andoverseas
・36 advertising campaigns during year ending
Mar. 31, 2016
32 in Japan and 4 overseas

・Expansion into apparel and other product lines
・Licensed companies: 39 (41 Brands)
・Decision made for several pop-up shops in
popular department stores throughout Japan

Example of advertising campaign (FamilyMart / Amu Plaza / BOLT!)

Pop-up shop to open at Ginza Mitsukoshi in February< Limited original mark >< Shop image >©円⾕プロ ©TSUBURAYA PROD. ©A MAN of ULTRA

Copyright 2016 FIELDS CORPORATION All rights reserved.
19

Disclaimer/Contact Information
The plans, strategies and estimates of the Company indicated in these documents,
other than actual results and established facts, include potential risks anduncertainties and cannot be guaranteed.
Potential risks and uncertainties include, but are not limited to, the economic environment of
the pachinko/pachislot market in which the Company operates, market competition andthe products handled by the Company.

FIELDS CORPORATION
Corporate Communications Office
TEL：+81-3-5784-2109 E-mail：ir@fields.biz
Copyright 2016 FIELDS CORPORATION All rights reserved.