Earnings Presentation for the Q3 FY3/2019: Question & Answer Session (Summary)

FIELDS CORPORATION held a financial presentation for the Q3 of the FY3/2019 at Shibuya Garden Tower (Shibuya-ku, Tokyo) on February 8, 2019 (Friday) at 11:45 a.m.
This page provides an overview of the main question & answer session at the financial presentation.

Question & Answer Session (Summary)

Q1. Currently, the passing ratio of the model certification test seems to be low. Does this have any impact on your PS machine sales plan for the next fiscal year?

A1. The sales plan is generally in progress as we planned. Regarding the machines planning to sell in Q1 of the FY3/2020, we are waiting for the results of the model certification test. We are trying to figure out the way to raise passing test ratio at the step of development.

Q2. How long do you expect will the voluntary restraint of new machine replacement in halls last due to the domestic event in 2019?

A2. We expect the voluntary restraint will be implemented from the last half of May to June due to G20 Summit.

Q3. As of PS machine sales plan in Q4, is there any changes from the contents announced in H1?

A3. We will examine the sales periods of each title in view of the effect of management efficiency, the latest situation of model certification tests, etc.

Q4. As of the mid-term management plan announced in November 2018, is there any numeric revisions or updates?

A4. We will announce the update contents regarding our business activities and numerical target of the whole group.

Q5. Please tell me about full-year forecast in IP&MD unit and Video production unit.

A5. The operating profit of Tsuburaya Productions Co., Ltd. (hereinafter, “Tsuburaya Productions”), the main company of IP&MD unit, is to be around ¥500 million. The operating profit of Digital Frontier Inc., the main company of video production unit, is to be ¥100 to ¥200 million.

Q6. Will the pending lawsuit in Tsuburaya Productions have an impact on the business result in FY3/2020?

A6. We expect the lawsuit will not have a great impact on promotion of Tsuburaya Productions’ global strategies. Our group will also take the similar cases occurring in several countries to court if needed based on the victory in a legal suit in America.

Q7. Please tell me about the profitability of sales of smoking booths.

A7. We will realize a profit by selling the booths and charging installation fee. We also expect earnings from regular maintenance etc.