FY2015
Consolidated Financial Result
Aplix IP Holdings Corporation
15 th Feb 2016

Copyright©2016 Aplix and/or affiliates. All rights reserved.

1

FY2015 Consolidated Financial Result
Kengo Nagahashi CFO

Copyright©2016 Aplix and/or affiliates. All rights reserved.

2

FY2015 P/L Statement（Yen Million）

Revenues

OP

RP

NP

EPS(Yen)

FY2014
Actual(A)2,172-2,766-2,672-3,311-264.08

FY2015
Forecast

1,546-2,410---FY2015
Actual(B)1,532-2,406-2,391-2,903-228.75

Change（B－A）-640+ 360+ 281+ 408-

Change（％）-29.5----FY2015 Result was almost in-line with Company Forecast announced in Q3→Revenues and Cost management are getting steady
Increase Revenues from IoT Solutions

Copyright©2016 Aplix and/or affiliates. All rights reserved.

3

FY2015 Revenues by Segment(Yen Million)（Yen Million）

450

Technology
Publishing（Total）

400
350
300

FY2015
Q1
68203
271

Q2

Q3
67419
486

Q4
75
210
285

142
348
490

250
200
150

Contribution fromIoT Solution

100500
Q1

Q2

Q3

Q4

2015年
テクノロジーTechnologyPublishing
出版映像等

 Technology： Increasing Revenues from IoT Solutions in Q4
 Publishing： Expanding Revenues by Comics (new 42 books, reprint65times) and Picture-book

Copyright©2016 Aplix and/or affiliates. All rights reserved.

4

FY2015 Operating Cost by Segment(Yen Million)
Impairment in Q3
Moderate cost from Q4

600
500
400

（Yen Million）

300

Technology
Publishing
Company Cost（Total）

200
100

FY2015Q1
400
242
278920

Q2

464
419
205
1,088

Q3

532277
261
1,070

Q4

354314
189
857

0
Q1

Q2
Technology
テクノロジー

Q3
Publishing
出版映像等

Q4
全社Company Technology：Impairment in Q3 and goes moderate cost from Q4
 Publishing：Moderate Cost in Full Year

Copyright©2016 Aplix and/or affiliates. All rights reserved.

5

FY2016 Forecast（Million Yen）

RevenuesOP

FY2015(A)

1,532-2,406

FY2016Forecast

2,306-696

Change（B－A）+774+1,710Change（％）+50.5%－ Technology Segments drives earnings by increasing IoT Solution

Copyright©2016 Aplix and/or affiliates. All rights reserved.

6

FY2016 Forecast(Yen Million)

1,000

774500532151253

0
Revenue
Increase(500)

Impairment Human
Office move Cost etcetc

Other Cost

(1,000)(696)(1,500)FY2016
OPForecast(2,000)(2,500)(3,000)(2,406)

Improve 1.71bn Yen

FY2015
ActualOP

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7

M-1 Series of Stock Acquisition Rights
Allocation

February 29, 2016

# of Stock Acquisition Rights

16,000 units# of new shares

1,600,000 shares 12.55% dilution

Amount of Raised Capital

1,093,440,000 Yen

Method of Allocation

Allocated Macquarie Bank Ltd. by way of private placement

Strike price and conditions

Initial strike price 678yen
Lower limit of strike price 339yen

Purpose of Issue

Increasing IoT solution business from client. In the other hand,payment cycle is rather long than payment to sub-contractors. We
need to resolve this payment situation by fund raising and expand
IoT solution business.

Funding application

 IoT application development for customer 245 million yen
 IoT software/platform development 519 million yen
 IoT hardware development 225 million yenOthers

 No stock loan agreement with Macquarie Bank Ltd.
 Macquarie Bank Ltd. will sell institutional investors directly so weare not assuming drastic stock price fall.

Copyright©2016 Aplix and/or affiliates. All rights reserved.

8Oversea & Domestics Sales Rep.

Oversea

Ryu Koriyama(CEO)Hardware
Embedded Solution

Domestic

Kunihiro Ishiguro(CTO)
Former ACCESS CTO
IoT Platform ServiceCopyright©2016 Aplix and/or affiliates. All rights reserved.

 IoT solution for water filter , Pet etc.
 Clients：OurPetʼs/Franke/Aquasana etc

 IoT platform solution for Big Japanesecompany Clients：Pioneer etc

9Aplix IoT Business Overview
Ryu Koriyama CEOCopyright©2016 Aplix and/or affiliates. All rights reserved.

10

IoT Business Model
Revenues expansion by pure supply, EC
and Information service●Timely notification for supply replacement

１．Pure Supply●Emerging demands from oversea water purifier

manufacturer

Market Size

●Water Purifier, Air Purifier

２．E-Commerce●Recommend related product/service when userʼs interestarise●Accelerating demands from oversea Pet Supply Vendor●Pet Supply, Aroma Diffuser●Providing Information service by userʼs preference︵︶
Big

３．Information
Service

Copyright©2016 Aplix and/or affiliates. All rights reserved.

●Promoting coffee project with Japanese service company●Coffee Maker, Humidifier

11

IoT ｘ Water Purifier

WaterPurifier

Copyright©2016 Aplix and/or affiliates. All rights reserved.

StatusNotification

FilterReplacement

12

Emerging Demand from Oversea Vendors

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13

IoT ｘ Pet Supply
Understanding behavior of Pet. Upsell to Pet Insurance
and Medical Service

Pet related
product

Pet Supply

Pet Behavior
Pet Healthcare Service

Copyright©2016 Aplix and/or affiliates. All rights reserved.

14

Promoting E-commerce in Pet Industry
Total Sales in US Pet Supply＄17.5 Bil.

Copyright©2016 Aplix and/or affiliates. All rights reserved.

Total Online Sales in US Pet Supply＄3.6 Bil.

Annual Growth Rate for Online Sales6.3%※IBISWorld Inc. “Online Pet Food & Pet Supply Sales in the US（Sep 2015）”“Pet Stores in the US（Dec 2015）”

15

IoT ｘ Coffee Maker
Providing Information service by userʼs preference
Promoting coffee project with Japanese service company

Coffee Maker“Coffee is ready “Notification

Copyright©2016 Aplix and/or affiliates. All rights reserved.

Various Information Service

16

System on Chip for IoT
Developing analogue IoT semi-conductor

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17

IoT Enable for Small Appliance
Aplix IoT IC makes it easy to convert small appliances to IoT

Target 700mil
Small consumer
Appliance

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18

Appendix

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19

Corporate Overview
Company Name
Aplix IP Holdings Corporation
FoundedFebruary 22, 1986
Capital13,416 million yen (as of Dec.31, 2015）
Representatives
Chief Executive Officer Ryu Koriyama

Date of IP
December 17, 2003
MarketTokyo Stock Exchange Mothers
Code
JP:3727
Group Company
Aplix Corporation

Headquarter Address
Kosugi Bldng 2-20-9 Nishiwaseda,
Shinjuku-ku, Tokyo 169-0051, Japan
Business ServicesResearch, development and sales ofsoftware for mobile and embeddedsystems.
Research, development and sales ofsoftware for personal computers.
Copyright©2016 Aplix and/or affiliates. All rights reserved.

Aplix Corporation of Ameica
Aplix Ireland Ltd.
Flex Comix Inc.
HOLP SHUPPAN, Publishing
Aplix IP Publishing Corporation20

Products from Startup to IPO

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21

Products from Startup to IPO
JBlend: Over 800mil. Shipment

…2013

…2014
Copyright©2016 Aplix and/or affiliates. All rights reserved.

22

IoT Startup
Aplix is Reborn as an IoT Startup Company（Yen Mil.）

12,000Contents Service

10,502

Software ServiceOP

10,000

RPOP（omitting Goodwill amortization）

Acquiring Contents 9,446
Service Business(G-mode)
7,499

8,000
6,587

6,763

4,941

6,217
5,775

6,000

5,195

5,028
3,934

4,000

Spin off
Content GameBusiness

5,107
3,678

3,537

4,010
4,504

2,000

2,306
2,172

4,284
2,391

1,764

1,115

0
2003

(2,000)(4,000)

2004

2005

2006

2007

2008

Goodwill amortizationof iaSolution Inc.(AII）
Acquiring (2004-2006)※Red line OP indicateswithout Goodwill

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20092010

2011

2012

1,532
1,229

1,057

2013

※Red line OP indicateswithout game andanimation businesstermination related costs

2014

1,179353
2015

1,077
2016E

Drop in sales oflegacy software
service23Aplix IP Holdings Business Structure

Aplix IP Holdings
IoT Business

SoC Business

Patent Business

Comic Business

Beacon Related
40 Patents(System, AppAuthentication)

IoT Module
Analogue Chip
Trial

Holp PublishingApp

Cloud Service

Digital Chip
Trail

Copyright©2016 Aplix and/or affiliates. All rights reserved.

Flex Comics

24Aplix IP Holdings Corporation
http://www.aplix-ip.com/

Aplix Corporation

http://www.aplix.co.jp/

Copyright©2016 Aplix and/or affiliates. All rights reserved.