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Yahoo Japan Corp's CEO Discusses F1Q 2011 Results - Earnings Call Transcript

Yahoo Japan Corp ( YAHOF.PK ) F1Q 2011 Earnings Conference Call July 22, 2011 3:30 AM ET

Operator

Thank you for waiting. I’d now start the meeting reporting the business results of the First Quarter FY 2011. We have then seen the brief summary and the presentation material, and profit and loss statement as well as survey or questionnaire. We welcome your feedback. Mr. Inoue will first make the presentation about the business results for the first quarter in first 30 minutes and then we have Q&A.

Masahiro Inoue – President and Chief Executive Officer

Thank you very much. First of all, let me start with the highlights of the financial data. So still there are some impacts from the earthquake. And as a whole, the impact is becoming less and less and as for the first quarter listing advertising revenue was strong, compared with the previous year, both the revenue and profit increased.

The revenue, sales ¥71.8 billion, 1.9% increase year-on-year. As you can see on this slide, the research business was transferred to MACROMILL and that accounted for ¥1.2000000000 decline in quarterly revenues. So, therefore growth appears smaller. Depending on the operating income and ordinary income of ¥ 38.8 billion and ¥ 39.2 billion, respectively, 3.3% and 4.6% increase year on year. Quarterly net income of ¥ 23.3 billion, an increase of 7.6% year on year.

Now, looking at the breakdown, first of all, starting with the media, advertising through advertising agencies listing, there are two premium search advertising, sponsored search-match and interest. There is some impact from the earthquake, so the financial sector revenue declined, but at the same time the fashion, accessory, internet information service companies’ sales increased. And the growth rate has slowed down somewhat, but still the revenue rose.

As for the display advertising, the conclusion, first of all, is that the revenues were almost flat. And internet-related information companies as well as cosmetic and other sectors were strong. However, there was a biggest impact from the earthquake, for example, the automobile-related business. Their production has not yet recovered to the full-fledged level. And also the entertainment software, they are still suffering from the impact from the earthquake, they are restraining their activities. So that was seen in the display advertising.

As I touched upon earlier, the research business is now in the media business and ¥1.1 billion decline was observed. So, the revenue was ¥25.1 billion that is minus 1.9% year-on-year. The revenue was strong, but – sorry, the impact of the revenue was seen, but the impact in terms of the profit was very small. So, operating income was ¥13.7 billion that is an increase of 5.2% year-on-year.

Dan Rasmus from Microsoft and Stephen Lawton from Acronis, Inc. to ...

Nashville, TN (PRWEB) May 12, 2006

Guests from Microsoft and Acronis, Inc. will appear on radio talk show Let’s Talk Computers. Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and Internet technologies for personal and business computing. Acronis, Inc. offers storage management solutions that are technically advanced for mission-critical applications but easy to use. Let’s Talk Computers ranks as one of the longest-running computer radio talk shows, and airs on multiple radio stations weekly — and 24 hours a day, seven days a week on the Internet.

Dan Rasmus, Microsoft Director, Information Work Vision, analyzes trends in technology, society and economics gaining insight into the future needs of people in the everyday work atmosphere. Dan says “Organizations like Microsoft must invest in the right technology and practices to sustain worker productivity, morale and overall competitiveness in the future.

White Papers on this topic can be found at http://www.microsoft.com/presspass/events/ceosummit/materials.mspx

Stephen Lawton, Acronis Director of Marketing, talks about Acronis True Image Workstation 9.1, which allows you to perform a full system restore, a bare-metal restore, or just restore individual files and folders in minutes. Acronis provides disaster recovery, backup and restore, partitioning, boot management, privacy, data migration, and other storage management products for enterprises, corporations and consumers.

To find out how to restore a backup to a computer with a completely different hardware configuration and to read the complete transcript of this interview, go to http://www.acronis.com/pr/ltc_interviews/May_13_2006

Listen to the interviews at:

Microsoft http://www.lets-talk-computers.com/guests/microsoft/work_vision Acronis, Inc. http://www.lets-talk-computers.com/guests/acronis/workstation_9_1

ABOUT LET’S TALK COMPUTERS

Since 1991, Let’s Talk Computers, http://www.lets-talk-computers.com, ranks as one of the oldest computer talk shows. On the air since 1989, hosts Alan Ashendorf, CEO, and Sandra Ashendorf, Client Services with Total Solutions, interview representatives from the computer industry about products and industry trends. Produced in Nashville, Tennessee, USA, you can listen-in to “insider” conversations, covering the latest innovations, hardware, and software and how they affect you. Guests have included representatives from Microsoft, Novell, IBM, Market Wire, Computer Associates, Lotus, “PC World”, the Cobb Group, Ziff-Davis, Symantec, and a host of other companies mentioned on our Past Guests page. Our goal is to let you know what is happening in the computer industry.

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