COLOPL 2015 2014.10.1 2015.9.30
About COLOPL Entertainment in Real Life VR VR PC VR 2003 Internet Personal Computer
1 8 Unity 2 3 Web 2013 VR 2016 VR 2011 2008 Virtual Reality VR Smartphone Feature Phone COLOPL ANNUAL REPORT 2015 01
Turning Changes into Business 02 COLOPL ANNUAL REPORT 2015
Opportunities CONTENTS 04 10 12 13 14 16 18 20 SPECIAL FEATURE 21 VR 24 26 CFO CSO 30 32 38 40 49 50 COLOPL ANNUAL REPORT 2015 03
Entertainment in Real Life 2008 2011 2012 950 2015 9723314 2012 PRIDE RPG 120152 Twitter 04 COLOPL ANNUAL REPORT 2015
! COLOPL ANNUAL REPORT 2015 05
2013 912015 94 06 COLOPL ANNUAL REPORT 2015
4 2015 9 4 VR4 1 2 2015 4 COLOPL NI, Inc. VR 3 VR VR HMD VR3 VR360 VR VR20142015 11 360 360Channel 125,000Colopl VR Fund 3 VR COLOPL ANNUAL REPORT 2015 07
800 J J 2015 9 2015 8 12 2 5 2 1 CFO 1 VR HMD 08 COLOPL ANNUAL REPORT 2015
VR VR 2016HMD VR VR VR 2016 3 COLOPL ANNUAL REPORT 2015 09
2015 12 CFO CEO CFO 10
400 2 3 2012 Xiborg 11
2015 20 183 85 40 58 915 123 222 220 2015915 123 222220 3 Newzoo Android 2015 1 3 % 100 75 50 25 0 App Annie Android 2015 1 3 400 300 200 100 0 * 100 App Annie 12 COLOPL ANNUAL REPORT 2015
2015 1 2 3 LINE 4 5 6 7 8 9 10 * ios Google Play App Annie App Annie 2015 4 2015 52 11 201552 1 2 3 4 5 LINE 6 7 8 9 10 11 12 13 14 15 * ios Google Play App Annie 2015 1 2 3 4 LINE 5 6 RPG 7 LINE LINE 8 FINAL FANTASY Record Keeper 9 10 * ios Google Play App Annie 2015 3 RPG 6 2 COLOPL ANNUAL REPORT 2015 13
2014 9 2013 9 RPG 2015 9 CM PF& 2015 9 2014 9 2013 9 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2012 9 2013 9 2014 9 2015 9 2012 9 2015 9 2015 3 2015 4 2015 4 2014 9 2014 2 2014 3 2014 7 14 COLOPL ANNUAL REPORT 2015
2013 9 RPG 2013 3 RPG 2013 9 2012 9 2012 1 PRIDE 2012 4 2012 7 2013 5 RPG 2013 8 RPG 2014 5 2014 4 2014 3 2014 10 * * 2015 10 COLOPL ANNUAL REPORT 2015 15
9 30 72,395 32,317 19,436 35.1 36.9 49.2 % % 80,000 35,000 50.0 25,000 30.0 60,000 40,000 20,000 30,000 25,000 20,000 15,000 10,000 5,000 40.0 30.0 20.0 10.0 20,000 15,000 10,000 5,000 25.0 20.0 15.0 10.0 5.0 0 2011 2012 2013 2014 2015 0 2011 2012 2013 2014 2015 0 0 2011 2012 2013 2014 2015 0 ROE 52.6 % 73.6 % 1DPS 16.00 15.7 10.5 6.00 ROA ROE % % 1EPS 1DPS 80.0 50,000 80.0 200.0 20.0 60.0 40,000 60.0 150.0 15.0 40.0 30,000 20,000 40.0 100.0 10.0 20.0 10,000 20.0 50.0 5.0 0 2011 2012 2013 2014 2015 0 2011 2012 2013 2014 2015 0 0 0 2011 2012 2013 2014 2015 ROA ROE 1EPS 1DPS 16 COLOPL ANNUAL REPORT 2015
2009 2010 2011 2012 2013 2014 2015 362 1,515 2,283 5,071 16,767 53,575 72,395 57 289 683 2,269 8,522 22,160 29,609 305 1,226 1,599 2,802 8,244 31,414 42,786 118 584 1,027 1,303 2,500 7,811 10,468 187 642 571 1,498 5,744 23,603 32,317 198 693 568 1,499 5,787 23,556 32,363 195 656 520 1,499 5,787 23,556 32,363 114 381 283 778 3,156 13,024 19,436 266 1,504 2,235 4,567 13,762 48,012 59,260 136 941 946 2,000 5,886 17,728 15,665 130 563 1,288 2,567 7,876 30,284 43,594 9 35 256 506 1,582 6,274 6,328 427 161 1,175 4,138 19,021 16,306 176 799 209 342 1,087 3,118 551 440 2,137 9,325 6,121 927 729 1,692 8,317 35,584 42,638 1 1EPS 5,946.72 42.80 7.38 27.20 107.65 157.70 1BPS 8,713.38 189.92 24.06 66.54 245.07 354.50 1DPS 10.00 16.00 % 51.6 42.4 25.1 29.6 34.3 44.1 44.6 31.5 25.2 12.4 15.3 18.8 24.3 26.8 ROA 43.1 15.1 22.9 34.4 42.2 36.2 ROE 109.9 30.6 40.4 60.5 68.3 52.6 48.9 37.5 57.6 56.2 57.2 63.1 73.6 9.3 10.1 69 87 155 306 450 753 53 65 122 245 368 502 & 16 22 33 61 82 118 133 *1. *2. 2012 9 131100 2011 9BPS EPS *3. 2013 6 1152013 10 113 2012 9BPS EPS *4. *5. *6. 50 COLOPL ANNUAL REPORT 2015 17
Entertainment in Real Life 2012 1 FY xx+3 monthly sales FY xx+2 monthly sales FY xx+1 monthly sales FY xx monthly sales M&A 18 COLOPL ANNUAL REPORT 2015
22012 COLOPL NI, Inc. 32008 2011 VR HMD VRFacebook Oculus VRHMD Oculus Rift VR VRVR 2016 VR VR COLOPL ANNUAL REPORT 2015 19
SPECIAL FEATURE SPECIAL FEATURE 1 VR SPECIAL FEATURE 2 SPECIAL FEATURE 3 CFO CSO 20 COLOPL ANNUAL REPORT 2015
SPECIAL FEATURE 1 VR VR VR VR 2016 VR PC VR HMD VR Oculus VR Facebook 2016 2016 VR VR HMD VR 2014 VR VR VR Kuma the Bear 2014 8 the VR2015 1 VR VR 360 Oculus Rift colopad colopad HMD VR 400 20152016VR HMD 2015 12 2016 3 2016 300 200 100 0 5 10 2016 2020 Digi-Capital Samsung Oculus VR Gear VR Oculus VR Rift * * Gear VR 2015 12 PlayStation VR 2015 Sony Computer Entertainment Inc. All Rights Reserved. This is a prototype. Design and specifications are subject to change without notice. COLOPL ANNUAL REPORT 2015 21
SPECIAL FEATURE 1 VR the VR VR Fly to KUMA 2015 9 2015 Oculus Rift 3 Fly to KUMA the VR VR&RPG VR Fly to KUMA VR HMD VR VRVR VR 2011 VR VR Kuma the Bear VR VR3D PC VR 2016 VR VR 20172018 VR 2015VR360 360Channel VR VRColopl VR Fund VR 22 COLOPL ANNUAL REPORT 2015
VOICE VR VR VR VR VR VR VR VR20163 3 5 VR Kuma the Bear 23
SPECIAL FEATURE 2 3D RPG2014 7 1 6 1 3 2030 40 3D 1 2 Kuma the Bear Kuma the Bear Unity 3 4 24 COLOPL ANNUAL REPORT 2015
Kuma the Bear Twitter 5 6 Kuma the Bear 2011 Kuma the Bear 2012 80 2013 RPG 2014 2015 COLOPL ANNUAL REPORT 2015 25
SPECIAL FEATURE 3 CFO CSO VR VR CFOCSO 2 21 12 1 2015 10 12 15 50!!!! IR 2 26 COLOPL ANNUAL REPORT 2015
CFO CSO Free to play 4 40 41 50 5,000 100 2015100 4 100 P/E 10IP 10 IP IP IP COLOPL ANNUAL REPORT 2015 27
SPECIAL FEATURE 3 CFO CSO 2014 5 2 5 1 2 VC CM ROE DPS 2015 9 M&A IP IP M&A VR 28 COLOPL ANNUAL REPORT 2015
29 COLOPL ANNUAL REPORT 2015 VR HMD360 VRHMD 13 HMD HMD CFO CSO 2010 CSO KPI 2015 CFO CSO CFO 2015 ESG IR
the Roots 2015 2 10 1 the Roots IT VC 1 30 COLOPL ANNUAL REPORT 2015
Catch a Star! Co-Founder 3 2 1 2 2016 12 VR Colopl VR Fund VC ITIT the Roots COLOPL ANNUAL REPORT 2015 31
2015 12 18 http://colopl.co.jp/ir/management/governance/report.html 2013 9 2015 9 2016 9 * 6 7 8 * 1 1 2 3 3 3 * 1 93 13 23 1 32 COLOPL ANNUAL REPORT 2015
3 1 1 2015 9 1717 1212 1717 1212 1617 1112 2015 12 2015 12 COLOPL ANNUAL REPORT 2015 33
34 COLOPL ANNUAL REPORT 2015 11 20 10 IR 1012 1 1 1 2
32 2 2015 12 18 3 2 3 1 3 1,000 31,000 1 2015 9 1 224,000 224,000 7 29,775 29,775 4 COLOPL ANNUAL REPORT 2015 35
IR IR 1 IR E IR http://colopl.co.jp/ir/ 1 CSR 2 3 1 4 36 COLOPL ANNUAL REPORT 2015
37 COLOPL ANNUAL REPORT 2015 5 6 7 PC 8 9 10 http://colopl.co.jp/ir/management/governance/internal_ control.html http://colopl.co.jp/ir/management/service/
2015 12 21 69,775,200 55,000 60,000 2003 3 KLab 2007 4 2008 10 1997 4 ACCESS 2001 10 KLab 2004 11 2008 6 Mi Cafeto 2008 8 2010 1 2010 7 1990 4 2000 7 2009 8 2010 7 10,500 10,600 6,400 2002 7 2006 10 2007 8 2010 6 2011 4 2001 5 International Creative Marketing KANTAR JAPAN 2006 1 2009 9 2010 9 2013 10 2014 12 2003 2 2003 10 2012 3 2012 10 Kuma the Bear 2013 10 Kuma the Bear 2014 12 1,865,000 0 1997 4 2000 1 2001 6 KLab 2009 1 2009 12 1998 4 2000 4 2001 1 Field-R 2007 10 2008 8 2010 7 2011 3 2015 7 CEO 38 COLOPL ANNUAL REPORT 2015
0 1995 4 1999 5 NTT 2005 5 2006 2 2008 6 2009 4 CFO 2015 12 0 2002 4 2003 10 2004 3 2007 12 2010 8 2014 5 Xiborg 2015 12 : :10 : : : : * * 5,000 0 0 1973 4 1999 4 SB 2004 2 SMBC 2005 5 2005 6 2005 10 2007 6 2007 12 HMV 2008 6 2008 10 2010 9 2015 12 1996 4 1999 1 2003 4 2006 7 2010 12 2015 12 1996 4 2005 6 2011 12 2015 7 2015 12 * COLOPL ANNUAL REPORT 2015 39
FINANCIAL REVIEW 40 COLOPL ANNUAL REPORT 2015
2015 9 MM 2015 3 6,850 54.1 2 3 1 2 RPG for Kakao 3 2015 9 2014 9 2015 9 53,575,065 72,395,855 35.1% 22,160,365 29,609,455 33.6% 31,414,699 42,786,399 36.2% 7,811,016 10,468,709 34.0% 23,603,683 32,317,690 36.9% 23,556,399 32,363,066 37.4% 23,556,399 32,363,066 37.4% 13,024,690 19,436,469 49.2% COLOPL ANNUAL REPORT 2015 41
35.172,395,855 PF 33.629,609,455 34.0 10,468,709 340.945,376 17,10724,659 36.932,317,690 37.432,363,066 49.219,436,4691 46.4157.70 ROE15.7 52.6 VR 11,247,754 59,260,329 7,054,5371,456,910 8,591,458 53,937,951 7,054,537 1,456,910 % % 80,000 35,000 50.0 25,000 30.0 60,000 40,000 20,000 30,000 25,000 20,000 15,000 10,000 5,000 40.0 30.0 20.0 10.0 20,000 15,000 10,000 5,000 25.0 20.0 15.0 10.0 5.0 0 2011 2012 2013 2014 2015 0 2011 2012 2013 2014 2015 0 0 2011 2012 2013 2014 2015 0 42 COLOPL ANNUAL REPORT 2015
2,656,295 5,322,378 1,372,051 498,084 2,199,949 15,298,312 2,111,879 137,894 367,682 137,894 13,309,808 43,594,333 7,054,537 42,638,757 2,715,877 16,306,084 32,363,066 14,725,514 2,030,643 3,118,593 1,372,051 6,121,212 9,325,687 4,999,932 ROA ROE % % 1EPS 1DPS 80.0 50,000 80.0 200.0 20.0 60.0 40,000 60.0 150.0 15.0 40.0 30,000 20,000 40.0 100.0 10.0 20.0 10,000 20.0 50.0 5.0 0 2011 2012 2013 2014 2015 0 2011 2012 2013 2014 2015 0 0 0 2011 2012 2013 2014 2015 ROA ROE 1EPS 1DPS COLOPL ANNUAL REPORT 2015 43
20142015 9 30 2014 2015 35,584,220 42,638,757 8,639,115 10,096,025 4,074 3,949 3,284 268,462 364,149 118,468 90,741 728,361 638,589 5,157 102,849 1,243 521 45,346,492 53,937,951 678,019 642,516 211,358 75,939 466,660 566,577 207,356 216,180 120,151 118,065 87,204 98,115 113,633 52,704 553,864 831,029 33,258 64,575 33,258 64,575 315,983 556,213 48,800 1,420,851 191,100 185,000 498,084 1,052,077 1,084,538 662,097 490,985 2,078,959 4,426,773 2,666,082 5,322,378 48,012,575 59,260,329 44 COLOPL ANNUAL REPORT 2015
2014 2015 7,478 4,702,115 4,794,889 81,593 143,768 9,907,561 7,795,681 1,906,984 1,570,004 881,147 953,069 18,620 28,164 237 5,256 17,498,262 15,298,312 229,788 367,682 229,788 367,682 17,728,050 15,665,995 6,274,196 6,328,780 6,270,997 6,325,581 6,270,997 6,325,581 17,738,877 35,939,644 17,738,877 35,939,644 521 5,000,453 30,283,551 43,593,552 38 103 38 103 935 884 30,284,524 43,594,333 48,012,575 59,260,329 COLOPL ANNUAL REPORT 2015 45
20142015 9 30 2014 2015 53,575,065 72,395,855 22,160,365 29,609,455 31,414,699 42,786,399 7,811,016 10,468,709 23,603,683 32,317,690 4,189 17,107 5,205 24,659 896 3,609 10,291 45,376 36,563 21,011 57,575 23,556,399 32,363,066 23,556,399 32,363,066 11,214,580 12,665,641 682,871 260,955 10,531,708 12,926,596 13,024,690 19,436,469 46 COLOPL ANNUAL REPORT 2015
20142015 9 30 2014 1,582,779 1,579,580 1,579,580 4,714,186 4,714,186 7,876,546 2 2 7,876,544 4,634,860 4,634,860 4,634,860 9,269,720 9,269,720 56,557 56,557 56,557 113,115 113,115 13,024,690 13,024,690 13,024,690 13,024,690 521 521 521 40 40 935 975 4,691,417 4,691,417 4,691,417 13,024,690 13,024,690 521 22,407,004 40 40 935 22,407,980 6,274,196 6,270,997 6,270,997 17,738,877 17,738,877 521 30,283,551 38 38 935 30,284,524 2015 6,274,196 6,270,997 6,270,997 17,738,877 17,738,877 521 30,283,551 38 38 935 30,284,524 54,583 54,583 54,583 109,167 109,167 1,235,703 1,235,703 1,235,703 1,235,703 19,436,469 19,436,469 19,436,469 19,436,469 4,999,932 4,999,932 4,999,932 141 141 50 192 54,583 54,583 54,583 18,200,766 18,200,766 4,999,932 13,310,001 141 141 50 13,309,808 6,328,780 6,325,581 6,325,581 35,939,644 35,939,644 5,000,453 43,593,552 103 103 884 43,594,333 COLOPL ANNUAL REPORT 2015 47
20142015 9 30 2014 2015 23,556,399 32,363,066 150,705 119,694 92,235 36,563 7,263 11,741 206 721 4,189 17,107 4,747,254 1,456,910 3,901 3,409 7,478 2,013,993 395,870 1,550,427 336,980 98,623 52,006 621,465 71,921 166,808 95,686 116,945 5,666 23,081,647 31,012,616 4,176 18,982 4,063,862 14,725,514 19,021,961 16,306,084 34,470 553,206 17,653 46,283 300,885 240,443 1,372,051 191,100 185,000 498,084 1,634,475 32,814 899,533 390 1,087,950 3,118,593 9,325,260 109,167 1,230,446 521 4,999,932 948 9,325,687 6,121,212 7,263 11,741 27,266,961 7,054,537 8,317,259 35,584,220 35,584,220 42,638,757 48 COLOPL ANNUAL REPORT 2015
2003 2003.5 2008 2008.10 2009 2009.6 2010 2010.2 2010.11 2010.11 KDDI au one au 2011 2011.3 2011.5 2011 2011.7 2011.9 Kuma the Bear 2012 2012.1 2012.4 PRIDE 2012.5 2012 2012.7 2012.9 2012 2012.12 2012.12 2013 2013.3 RPG 2013.3 2013.7 KDDI 2013.7 2013.9 RPG 2013.10 200 2013.10 2013 2013.10 KDDI 2014 2014.2 2014.3 2014.4 2014.5 Zoff 2014.6 2014.7 2014.8 Oculus Rift the VR 2014.9 KDDI 2014.12 2015 2015.1 2015.1 Oculus Rift VR 2015.1 2015.2 2015.3 1 2015.3 2015.4 COLOPL NI, Inc. 2015.4 2015.6 2015.9 2015.11 360 360Channel COLOPL ANNUAL REPORT 2015 49
2015 9 30 2008 10 1 150-6011 4-20-3 11 63 2,878 620 3668 9 30 450,000,000 124,886,000 100 43,298 150-6011 4-20-3 11 IR 69,775,200 55.87 KDDI 2,550,000 2.04 1,932,500 1.55 1,824,400 1.46 1,721,400 1.38 MSCO CUSTOMER SECURITIES 1,492,235 1.19 BNY GCM CLIENT ACCOUNT JPRD AC ISG FE AC 966,456 0.77 HSBC BANK PLC A/C IB MAIN ACCOUNT 809,291 0.65 5 554,600 0.44 6 553,100 0.44 10 82,179,182 65.79 * 1,912,890 50 COLOPL ANNUAL REPORT 2015
* 6.94% 3.63% 50,000 40,000 42,306 39,716 45,451 43,298 18.97% 45.31% 30,000 20,000 19,070 25.16% 10,000 0 2013/9 2014/3 2014/9 2015/3 2015/9 1,800 300,000 1,500 250,000 1,200 200,000 900 150,000 600 100,000 300 50,000 100 0 0 2012/12 2013/3 2013/6 2013/9 2013/12 2014/3 2014/6 2014/9 2014/12 2015/3 2015/6 2015/9 2015/12 2013 9 2014 9 2015 9 2,345 4,475 3,930 2,100 2,260 1,750 2,300 3,605 1916 TOPIX * TOPIX 2012 12100 COLOPL ANNUAL REPORT 2015 51
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