2004 2 2004 10 20 1
2005 3 2 2003 1 2002 2003 2
2004 2 1 3
2004 2 2 4
2004 2 3 5
2004 6
2004 7 2004 4-9 2003 4-9 50,972 33,114 54 % 3,442 2,459 40 % 47,529 30,654 55 % 27,189 17,661 54 % 27,343 17,542 56 % 16,952 10,452 62 % EPS 4,397 10,740-59 % 3,854,965 973,098 296 % EPS 4,397 2,773 59 % EPS 4,382 10,713-59 % 3,868,169 975,585 296 % EPS * 2003 11 2004 5 * * 4,382 2,766 58 %
2004 2004 9 2004 3 68,308 55,726 12,582 50,730 39,643 11,087 15,718 12,847 2,870-999 -733-266 31,978 26,683 5,294 10,442 8,075 2,366 10,417 9,194 1,223 5,862 5,915-53 100,287 82,410 17,877 21,142 19,563 1,579 7,087 4,181 2,905 10,663 11,688-1,025 2,500 2,772-271 23,643 22,335 1,307 8 315 267 47 6,503 6,399 103 1,584 1,480 103 63,892 47,066 16,825 76,328 59,806 16,521 100,287 82,410 17,877
2004 2004 4-9 17,206 27,889 1,862 303-546 -361-2,769 2,644-11,605-6,076-4,298-1,651-470 301-42 -220 206 11,087 Yahoo! BB 9
2004 2 10
2004 2 11 2004 7-9 2003 7-9 26,476 17,549 51 % 1,885 1,257 50 % 24,591 16,291 51 % 13,718 9,227 49 % 13,826 9,285 49 % 8,641 5,912 46 % EPS 2,195 5,890-63 % 3,936,860 1,003,768 292 % EPS 2,195 1,568 40 % EPS 2,188 5,882-63 % 3,949,452 1,005,018 293 % EPS * 2003 11 2004 5 * * 2,188 1,566 40 %
25,000 20,000 15,000 2004 2 1Q 2Q 5,637 6,514 15.5% 6,085 6,114 0.5% Yahoo! BB 3,809 4,158 9.1% 1,994 2,298 15.3% 2,053 2,223 8.3% BS 351 398 13.4% 4,564 4,769 4.5% 24,495 26,476 8.1% Yahoo! BB 18.0% BS 1.5% 8.4% 8.7% Yahoo! BB 15.7% 10,000 23.1 5,000 0 01/7-9 10-12 02/1-3 4-6 7-9 10-12 03/1-3 4-6 7-9 10-12 04/1-3 4-6 7-9 24.6% 6,976 8,261 9,652 8,476 10,899 12,923 14,394 15,564 17,549 20,081 22,580 24,495 26,476 12
15,000 12,000 9,000 40% 50% 10.7% 4.3% 1.0% Yahoo! BB 18.5% 30% 6,000 20% 29.3% 3,000 10% 36.3% 13 0 01/7-9 10-12 02/1-3 4-6 7-9 10-12 03/1-3 4-6 7-9 10-12 04/1-3 4-6 7-9 2,240 2,983 3,261 4,094 5,382 6,807 7,788 8,433 9,227 11,106 12,443 13,470 13,718 2,202 2,956 3,212 4,107 5,251 6,782 7,382 8,257 9,285 11,206 12,559 13,516 13,826 32% 36% 34% 48% 49% 53% 54% 54% 53% 55% 55% 55% 52% 32% 36% 33% 48% 48% 52% 51% 53% 53% 56% 56% 55% 52% 0%
04/2Q 03/2Q 04/1Q 10,872 100.0% 7,064 53.9% 9,468 14.8% 2,136 19.7% 1,628 31.2% 2,070 3.2% 1,491 13.7% 838 77.9% 1,269 17.5% 1,033 9.5% 680 52.0% 840 23.0% 1,020 9.4% 684 49.0% 820 24.4% 1,012 9.3% 664 52.4% 953 6.2% 682 6.3% 455 49.6% 638 6.9% 605 5.6% 451 34.1% 526 15.0% 533 4.9% 315 69.2% 480 11.0% 370 3.4% 364 1.7% 436-15.0% 270 2.5% 122 119.9% 245 9.9% 230 2.1% 72 219.1% 123 86.3% 218 2.0% 81 168.6% 104 108.0% 208 1.9% 73 184.9% 162 28.4% 1,064 9.7% 637 67.5% 802 33.0% 61 Yahoo! BB 14
2004 2 2004 9 2004 6 68,308 56,796 11,511 50,730 40,251 10,479 15,718 14,127 1,590-999 -811-188 31,978 29,537 2,441 10,442 8,903 1,539 10,417 10,689-271 5,862 5,889-26 100,287 86,333 13,953 21,142 13,523 7,619 7,087 5,236 1,850 10,663 4,948 5,714 2,500 3,486-985 23,643 17,009 6,633 15 315 310 5 6,503 6,438 65 1,584 1,519 65 63,892 55,250 8,641 76,328 69,013 7,314 100,287 86,333 13,953
2004 7-9 14,818 14,103 1,028 195-276 -179-1,561 1,331-127 -4,831-2,513-2,002-485 152-108 -220 130 9,879 Yahoo! BB 16
1,200 900 600 300 0 2001/9 12 2002/3 6 9 12 2003/3 6 9 12 2004/3 6 9-4 4 6 10 10 9 8 8 12 18 24 19 2 22 17 21 38 37 44 44 45 65 67 101 108 Y!J 9 9 9 8 8 8 8 9 9 8 8 9 9 Y!J 399 407 414 484 510 572 625 714 776 850 923 1,029 1,083 410 442 444 519 566 627 686 775 838 935 1,016 1,163 1,219 17 Yahoo! JAPAN
2004 2 2004 2 2004 2 ---------------------------------------------------------------------------------------------------------- 26,476 25,000 27,000 13,826 13,200 14,700 8,641 7,950 8,850 IT 18
3 1. 2. PV 3. 4.e e es! 19
2004 3 19 3 15-20 2004 10 20 2004 2 2004 3 ---------------------------------------------------------------------------------------------------------- 26,476 27,500 30,000 13,826 12,850 15,050 8,641 8,000 9,300 20
Yahoo! Yahoo! Yahoo! Yahoo! 1 Yahoo! JAPAN 1% 100% 21
22
Yahoo! JAPAN Yahoo! BB BS Yahoo! BB ISP Yahoo! Yahoo! JAPAN Yahoo! JAPAN Yahoo! 23
24
7 8 9 Yahoo! Yahoo! 25
Yahoo! BB BB 27 Yahoo! BB Yahoo! BB Yahoo! BB8M ADSL 1,274.0 2004 9 Yahoo! BB 449.0 Yahoo! JAPAN 115.2 26
Yahoo! BB BB Yahoo! BB 2004 4 2005 3 1 Yahoo! BB 1.1 Yahoo! BB 150 / Yahoo! BB 1.5 Yahoo! BB+ LAN 2 Yahoo! BB 200 / Yahoo! BB+ LAN 250 / *10 1Q 12Q P/L 27
Yahoo!: Yahoo! Yahoo! : : : Yahoo! Yahoo! Yahoo! Yahoo! 15,000 10,000 5,000 0 2Q 02' 3Q 4Q 1Q 03' 2Q 3Q 4Q 1Q 04' 2Q 28 Yahoo! es!
Yahoo! Yahoo!VIP 29
BS Yahoo! Yahoo! * * 10 50 Yahoo! * 2Q1 Q Yahoo! /Yahoo! * Y!BB Yahoo! Yahoo! Yahoo! /Yahoo! Yahoo! Inc 30
447 2004 9 29 Yahoo! BB Y!BB 4 CRM ID 400 300 204 200 386 357 291 323 260 234 418 447 100 0 2002/9 12 2003/3 6 9 12 2004/3 6 9 31
32
Overture 8,000 6,000 4,000 2,000 33 0 01/7-9 10-12 02/1-3 4-6 7-9 10-12 03/1-3 4-6 7-9 10-12 04/1-3 4-6 7-9 3,020 2,741 2,840 2,937 3,091 3,522 4,063 4,430 4,896 5,830 7,118 7,516 8,389 2001 10 12
2,071 04/1Q 2,074 04/2Q 2,000 1,500 1,000 500 0 34 02/2Q 3Q 4Q 03/1Q 2Q 3Q 4Q 04/1Q 2Q 2002 100 2003 100 50 MRS2003 100
35 (*) (*) 03/2Q 3Q 4Q 04/1Q 2Q 22.3% 21.9% 21.2% 23.0% 19.9% 12.9% 13.0% 11.5% 10.8% 9.9% 5.4% 5.2% 4.7% 6.2% 9.1% 5.3% 4.8% 6.5% 6.3% 7.2% 6.9% 5.9% 5.6% 5.3% 5.3% 5.6% 3.9% 4.5% 3.9% 4.8% 9.4% 9.2% 7.1% 7.8% 4.7% 5.3% 5.3% 4.2% 4.2% 4.5% 0.3% 1.9% 3.2% 3.6% 4.1% 1.6% 2.3% 2.7% 3.5% 4.1% 5.4% 4.3% 4.5% 3.3% 3.7% 0.7% 1.1% 1.9% 1.4% 2.6% 2.6% 2.8% 3.3% 2.8% 2.3% 2.5% 2.5% 1.9% 2.4% 1.9% 13.8% 15.9% 17.2% 15.5% 15.9% (*)
36
Yahoo! JAPAN PV 800 1PV 80 600 60 400 40 200 20 0 02/9 12 03/3 6 9 12 04/3 6 9 / * * ( ) Nielsen//NetRatings NetView AMS JP NetRatings Japan Yahoo! JAPAN 37 0
Yahoo! JAPAN ID 1,200 Yahoo! JAPAN ID 1,000 800 600 400 Yahoo! 200 0 Yahoo!BB 02/9 12 03/3 6 9 12 04/3 6 9 ID 635 692 770 850 938 985 1,069 1,112 1,176 Yahoo! ID 204 234 260 291 323 357 386 418 447 38 Yahoo! BB 101 169 236 282 325 369 400 428 449 IDYahoo! JAPAN ID
13.4 32.8 13.9 31.2 1.8 2.0 Yahoo! BB 10.6 Yahoo! BB 11.2 15.0 14.8 26.9% 26.4% 224.1 PV 234.2 PV 2004 6 2004 9 39
Yahoo! JAPAN Yahoo! BB CFO PS (6) CSO ( ) (5) (92) (72) Yahoo! BB (50) (89) (121) (BS) (26) (106) (74) (138) (62) PS (147) (26) (95) 1 2 1,110 2004 10 1 40
2004 9 665 1 54.1 1 * 16.1 1 6,028 1 41 1,869 3,022 * % 41
2004 2 WOWOW TAC 42
Web Web IR URL http://docs.yahoo.co.jp/info/investor/jp/ 43