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Kakaku.com, Inc.
Management Vision and Strategy
Result Briefing for the Third Quarter
of the Term ended March 2013
February 6th, 2013
Kakaku.com, Inc.
Almost all Businesses achieved results in line with the
plan.
Progress in Ratio of Actual to Forecasted
Business Results
Actual Results
FY2012 3Q
(Cumulative)
Forecasts
FY2012
(Full Year)
Progress
Ratio (%)
Sales 16,449 23,000 71.5%
Operating profit 8,157 11,000 74.2%
Current profit 8,123 11,000 73.8%
Net income 4,941 6,800 72.7%
Note: Effective from FY2012, the presentation of service business sales is changed from a
gross basis to a net basis.
(Unit: million yen)
1
Sales for 3Q increased by 27.4% to 6,112 million yen while
operating profit increased by 39.1% to 3,173 million yen.
FY2012 3Q Results Highlights
FY2012 3Q
(Oct. to Dec. 2012)
FY2011 3Q
(Oct. to Dec. 2012)
Year on Year (%)
Sales 6,112 4,797 +27.4%
Operating profit 3,173 2,281 +39.1%
Current profit 3,176 2,282 +39.2%
Net income 1,943 1,324 +46.7%
Operating profit
margin 51.9% 47.6% -
Note: Effective from FY2012, the presentation of service business sales is changed from a
gross basis to a net basis. Following this change, actual figures in and before the FY2011 have
been restated on a net basis.
2
(Unit: million yen)
Quarterly Summary of
Business Conditions
3
Sales for shopping performed steadily as a result of the year-end sales season. Both
numbers of tabelog paying member restaurants and premium members continued to
show robust growth, contributing to a significant increase in sales.
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
Shopping 1,699 1,618 1,443 1,477 1,713 1,811 1,670 1,687 1,952
Service 782 1,125 1,032 967 1,024 1,495 1,384 1,347 1,403
Advertising 813 754 586 702 910 788 700 704 1,041
tabelog 456 491 476 552 680 830 796 933 1,108
Travel and Real Estate, etc. 305 348 309 363 338 372 388 428 439
Finance 121 123 132 166 129 157 150 144 166
Sales by Business for Each Quarter
(Consolidated Basis)
15.6%
18.7%
19.5%
40.7%
7.3%
34.9%
16.6%
22.9%
8.6%
32.8%
27.2%
13.8%
7.6%
10.9%
25.2%
16.9%
36.3%
11.0%
7.8%
3.9% 3.0%
13.1%
2.9% 2.8%
25.9%
14.7%
36.3%
12.0%
7.8%
3.3%
35.7%
19.0%
21.4%
7.0%
2.7%
14.2%
33.2%
14.5%
27.4%
6.8%
2.9%
15.2% 17.8%
Jul.-Sep.
2012
5,245
32.2%
25.7%
13.4%
8.2%
2.8%
tabelog
Service
Advertising
Shopping
Kakaku.com
Travel and Real Estate ,etc.
Unit:(million yen)
*Note 1: Each amount is
the value after eliminating
internal sales amount or
transfer amount for inter-
segment sale or transfer.
Oct.-Dec.
2010
4,178
Apr.-Jun.
2012
5,091 Jul.-Sep.
2011
4,229
Jan.-Mar.
2011
4,462
Apr.-Jun.
2011
3,980
Oct.-Dec.
2011
4,797
Jan.-Mar.
2012
5,456
Note: Effective from FY2012, the presentation of service business sales is changed from a gross basis to a net basis. Following
this change, actual figures in and before the FY2011 have been restated on a net basis.
Finance
Oct.-Dec.
2012
6,112
4
18.1%
32.0%
23.0%
17.0%
7.2%
2.7%
Profit margin improved to 51.9% through an increase in sales in FY2012 3Q.
Personnel related expenses increased due to issuance of share warrants for employees.
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
Advertising expenses 391 496 414 470 570 667 655 601 655
Personnel expenses 721 796 793 809 875 887 932 929 989
Depreciation 97 96 87 88 114 119 95 106 112
Commission *1 314 378 274 308 405 383 336 361 458
Amortization of goodwill 25 25 25 25 25 25 22 22 22
Others 457 426 501 475 523 577 645 642 700
Breakdown of Costs for Each Quarter
(Consolidated Basis)
Jul.-Sep.
2012
2,663
22.6%
34.9%
4.0%
13.6%
0.9%
24.0%
337（43） 351（47） 377（43） 385（48） 409（56） 416（64） 442（67） 446（74） Employees *2
1.3%
19.5%
35.9%
4.9%
22.7%
15.7%
37.2%
4.0%
21.8%
1.2%
14.2%
21.6%
1.2%
22.4%
35.9%
4.3%
19.2%
1.2%
19.8%
37.8%
4.2%
13.1%
23.9%
34.8%
4.6%
20.8%
1.0%
16.1%
22.7%
33.3%
4.5%
21.7%
1.0%
14.4%
25.1%
17.0%
34.7%
3.6%
24.0%
0.8%
12.5%
24.4%
*Note 1 : Commission = (Various
commissions paid) + (advertisement
agency commissions)
*Note 2 : The number of employees
represents the number of regular
employees.
The average number of temporary
employees for each quarter is
separately indicated in parentheses.
Personnel
expenses
Depreciation
Advertising
expenses
Others
Commission *1
Amortization
of goodwill
Oct.-Dec.
2010
2,007
Jul.-Sep.
2011
2,178
Jan.-Mar.
2011
2,221
Apr.-Jun.
2011
2,097
Oct.-Dec.
2011
2,516
Jan.-Mar.
2012
2,661
Apr.-Jun.
2012
2,688
Unit:(million yen)
Oct.-Dec.
2012:
Breakdown
of Others
・Rent
¥ 128 M
・Subcontract
¥ 240 M
・Server
maintenance
¥ 105 M
・Recruiting
¥ 34 M, etc.
Note: Effective from FY2012, the presentation of service business sales is changed from a gross basis to a net basis. Following
this change, actual figures in and before the FY2011 have been restated on a net basis.
Oct.-Dec.
2012
2,938
22.3%
33.7%
3.8%
15.6%
0.8%
23.8%
5
464（75）
Operating Summary by Site
6
Customer Purchasing Support Site
『 Kakaku.com 』
7
Access Status for “Kakaku.com”
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
0
200
400
600
800
1,000
1,200
09/4 10/4 11/4 12/4
Number of users(feature phone)
Number of users(smartphone)
Number of users(PC)
Page views
Monthly total of “unique users” is the number of individual
users who visit the site during a month. It is not the number
of total visits but the number of net users, counting a user
who visits multiple times as one user. We consider this an
important indicator for accurately measuring the number of
users who are interested in the site.
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
12/12
42.69M
31.29M
9.95M
1.44M
1,093.97MPV
(as of end of Dec. 2012)
Monthly Access
Users
(Unit: ten thousand)
Page views
(Unit: million)
※Monthly each site user counting method
The number of monthly users is counted on either a browser basis or device
basis. (Source: Kakaku.com, Inc.)
8
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
Shopping 1,699 1,618 1,443 1,477 1,713 1,811 1,670 1,687 1,952
0
400
800
1,200
1,600
2,000
2,400
“Kakaku.com” Description of Shopping Business
Trend in Quarterly Sales (million yen) Sales transaction trend of
“Kakaku.com Safe Payment Service” (million yen)
3Q Topics
・ Revised the pricing method for pay per click to four levels: 10, 20, 25, 30 yen (Nov).
・ Started showing prices of commodities including shipping costs from November.
・ Released “Barcode search” function for smartphone sites (Nov).
・ “O2O (Online to Offline)” became available to view over the counter pricing and
inventory information on online (Dec).
0
200
400
600
800
1,000
1,200
1,400
1,600
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
YoY
+13.9%
FY2010
9
2012
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
Service 782 1,125 1,032 967 1,024 1,495 1,384 1,347 1,403
0
400
800
1,200
1,600
“Kakaku.com” Description of Service Business
Housing loan refinancing simulation
3Q Topics
・ Started providing “Housing loan refinancing simulation” that allows customers to
provisionally calculate total payment amount including various expenses and
compare different loan products (Dec).
・ Quote inquiries for money related categories such as credit card commission fee
comparison and comparison of car loans increased steadily.
FY2010
Trend in Quarterly Sales (million yen)
10
YoY
+36.9%
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
Advertising 813 754 586 702 910 788 700 704 1,041
0
200
400
600
800
1,000
1,200
“Kakaku.com” Description of Advertising Business
Number of advertising clients
3Q Topics
・ Japanese ad clients were encouraged to place advertisements for the year-end sales
season, which resulted in a significant increase in advertising sales compared with
previous quarter.
・The need for targeted advertising using cookie information increased.
* A “cookie” is an identification data that is temporarily written and stored in a user’s web browser when
visiting a particular website.
400
450
500
Q2 Q3
YoY
+14.4%
FY2010
FY2012
QoQ
+5.7%
Trend in Quarterly Sales (million yen)
11
Gourmet Site by Ranking & Review
『tabelog』
12
Access Status for “tabelog”
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
0
100
200
300
400
500
600
700
800
900
1,000
09/4 10/4 11/4 12/4
Number of users(feature phone)
Number of users(smartphone)
Number of users(PC)
Page views
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
12/12
40.95M
22.85M
15.18M
2.92M
877.50MPV
(as of end of Dec. 2012)
Monthly Access
Page views
(Unit: million)
Users
(Unit: ten thousand)
※Monthly each site user counting method
The number of monthly users is counted on either a browser basis or device basis.
(Source: Kakaku.com, Inc.)
(Source: Nielsen Online Dec. 2012（Home& Work Data）
Gourmet site traffic ranking URL Reach（％）
1 Gourmet Navigator gnavi.co.jp 14.0
2 tabelog tabelog.com 13.6
3 Hot Pepper Gourmet hotpepper.jp 11.4
4 livedoor gourmet livedoor Gourmet 0.5
13
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
tabelog 456 491 476 552 680 830 796 933 1,108
0
200
400
600
800
1,000
1,200
Description of “tabelog” Business
Trend in Smartphone UU (million people)
3Q Topics
・ As the net increase premium members accelerated, the accumulated total reached
140,000 members in December.
・ Started “tabelog banquet/party search” service (Oct).
・ Smartphone (browser and app) users reach approximately 40% of total tabelog
users.
0
4
8
12
16
Apr May Jun Jul Aug Sep Oct Nov Dec
FY2010
2012
Trend in Quarterly Sales (million yen)
14
YoY
+62.8%
Access Status for Travel and Reservation Sites
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
Word-of-mouth Travel Site
『4travel』
Website for last-minute
discounts on rooms at hotels
and Japanese-style inns
『yoyaQ.com』
4.88M
4.25M
0.47M
0.16M
32.69MPV
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
0.58M
0.29M
0.21M
0.08M
5.90MPV
(Transferred in Oct. 2004) (Acquired in Jan. 2005)
(as of end of Dec. 2012) (as of end of Dec. 2012)
16
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
Access Status for Real Estate Sites
Search Site for Brand-new
apartment
『 Mansion DB 』
Real Estate/Housing
Information Site
『 Sumaity 』
0.78M
0.67M
0.10M
0.02M
7.92MPV
0.21M
0.18M
0.02M
0.01M
1.04MPV
(as of end of Dec. 2012) (as of end of Dec. 2012)
(Opened in Sep. 2008) (Opened in Apr. 2007) 17
Users per Month
(PC)
(smartphone)
(feature phone)
Page Views per Month
(as of end of Dec. 2012) (as of end of Dec. 2012)
Access Status for “eiga.com” and “PHOTOHITO”
Comprehensive Movie
Information Site
『eiga.com 』
Photo Community Site 『PHOTOHITO』
4.86M
4.23M
0.11M
0.52M
26.12MPV
0.36M
0.36M
14.38MPV
Users per Month
(PC)
Page Views per Month
(Acquired in Apr. 2007) (Opened in Feb. 2008) 18
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
Travel and
Real Estate, etc.
305 348 309 363 338 372 388 428 439
0
50
100
150
200
250
300
350
400
450
500
Description of Travel and Real Estate Business
Trend in the Number of Inquiries on “Sumaity
Rental Property”
3Q Topics
・ Number of likes for 4travel Facebook page rose above 70,000 in December. Number
of word-of-month reviews has also been increasing steadily.
・ Encouraged more postings by increasing number of photos from 5 to 30 to be posted
at one time on travel blog (Dec).
・ Number of registration and inquiries on Sumaity Rental Property increased steady.
FY2011 3Q FY2012 3Q
Trend in the Number of Word-of-month Reviews
on 4travel (ten thousand reviews)
YoY
+30.0%
FY2010
Trend in Quarterly Sales (million yen)
19
YoY
+130.9%
0
25
50
3/11 6/11 9/11 12/11 3/12 6/12 9/12 12/12
Finance
20
3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
FY2011 FY2012
Finance 121 123 132 166 129 157 150 144 166
0
50
100
150
200
Description of Finance Business
Number of life insurance contracts
(thousand contracts)
3Q Topics
・ As a result of number of contracts for life/non-life insurance increasing steadily,
sales in insurance agency business increased by 42.3% from the previous quarter.
・ Sold and transferred majority of FX margin transaction service business to Saxo
Bank FX Securities K.K. in January. Remaining business is scheduled to cease
operations in early March.
0
1
2
3
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
2010 2011 2012
YoY
+72.8%
FY2010
YoY
+29.1%
Trend in Quarterly Sales (million yen)
21
FY FY FY
Strategy for FY2012 2H and After
22
FY2012 2H Objectives
Expand business field of Kakaku.com
Full-scale monetization of tabelog
Renew Sumaity to become a comprehensive
real-estate site and boost number of 4travel users
23
FY2012 2H Business Strategies
Kakaku.com
Revised the pricing method for pay
per click from two- to four-leveled
Started O2O business
Started “Housing loan refinancing
simulation”
tabelog
Provided “tabelog banquet/party
search” function
Renewed online restaurant booking
system with added functions such as
reservation book and customer
management system
Travel and
Real Estate,
etc.
Released Sumaity’s for brand-new
apartment search
Increase traffic of 4travel by
boosting number of new postings and
by enhancing SNS alliances.
Finance
(Insurance)
Target improved usability and an
increase in the number of products
offered
Measures already implemented
Increase in number of stores for
O2O business
Scheduled to implement renewal
of the interior category in March
Scheduled to provide estimates for
housing renovations in February
Increase number of restaurants
using restaurant booking system and
online reservations via booking
system
Smartphone page optimization for
Sumaity and 4travel
Reinforce number of postings and
SNS alliance for 4travel
Target increase in product offerings
by improving plans offered and UI
Ramp up additional production of
content and products for
smartphones
Measures to be implemented
going forward
24
Supporting Material
25
Segment Site
Category
Business
Category Business Details
In
te
rn
et M
ed
ia
Kakaku.
com
Shopping Commission from registered shops based on the number of clicks and
sales performance.
Service
Commission according to the number of broadband line contracts.
Commission based on estimates/brochure requests for car insurance,
finance, and used car searches.
Advertising Advertising income from banners, text advertisements, and
advertisements interlocking with search keywords and website
contents on “Kakaku.com”.
tabelog tabelog
Income from “tabelog” (income from advertisements for restaurants
and regular clients, income of pay-for-service business for
individuals).
Other
Travel and
Real Estate,
etc.
Income from operative sites such as “yoyaQ.com”, “4Travel”,
“Mansion DB”, and “Sumaity”.
Fin
an
ce
Finance
Commission from general independent agency business of life
insurance and non-life insurance.
*Run by Kakaku.com Insurance, Inc.
Commission from customers of online FX margin transactions, option
trading, and contract for difference (CFD) trading. (Withdrawal is
planned on March 31, 2013)
*Run by Kakaku.com Financial, Inc.
26
Segments and Their Business Details
26
User Profile for Our Site
High proportion of users aged 30 and over. The websites are used by users with
purchasing power.
Proportion of male users is higher. An increase in female users is expected in the
future.
There is more access from metropolitan areas. An increase in the amount of
access from rural areas is expected to grow in the future.
0%
20%
40%
60%
80%
100%
Group site Kakaku.com tabelog
50+ 40-49 30-39 20-29 19=>
0%
20%
40%
60%
80%
100%
Group site Kakaku.com tabelog
Kanto Kansai
Tokai Hokkaido/Tohoku
Kyushu/Okinawa Chubu/Hokuriku
Chugoku Shikoku
0%
20%
40%
60%
80%
100%
Group site Kakaku.com tabelog
Male Female
(Age distribution and male–female ratio / Source: Nielsen Online Dec. 2012)
(Geographical Attributes / Source: Kakaku.com, Inc. Dec. 2012)
Users aged 30 and over
account for 80%
Users living in the Kanto
region account for 50%
Male users account
for 60%
Age Distribution Male/Female Ratio Geographical Attributes
27
Consolidated Quarterly Sales Before and After the
Accounting Treatment Change
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
Sales after change 2,581 2,558 3,051 3,466 3,514 3,448 4,178 4,462 3,980 4,229 4,797 5,456 5,091 5,245 6,112
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
Sales before change 3,138 2,799 3,494 3,615 4,079 3,524 4,583 4,615 4,510 4,297 5,235 6,043 5,636 5,556 6,466
Consolidated sales after change
(presented on a net basis)
Consolidated sales before change
(presented on a gross basis)
Unit:(million yen)
Unit:(million yen) FY2009 FY2010 FY2011 FY2012
FY2009 FY2010 FY2011 FY2012
28
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
4Q
1Q
2Q
3Q
Operating profit 1,136 1,120 1,491 1,707 1,758 1,683 2,171 2,241 1,882 2,051 2,281 2,794 2,402 2,581 3,173
Operating profit margin 44.0% 43.8% 48.9% 49.3% 50.0% 48.8% 52.0% 50.2% 47.3% 48.5% 47.6% 51.2% 47.2% 49.2% 51.9%
0%
10%
20%
30%
40%
50%
60%
0
1,000
2,000
3,000
4,000
Operating Profit by Quarter (Consolidated)
Note: Effective from FY2012, the presentation of service business sales is changed from a gross
basis to a net basis. Following this change, actual figures in and before the FY2011 have been
restated on a net basis.
(Unit: million yen)
FY2009 FY2010 FY2011 FY2012
29
FY2007 FY2008 FY2009 FY2010 FY2011
Shopping 1,716 3,105 4,581 6,043 6,445
Service 1,746 2,199 2,951 3,426 4,520
Advertising 1,619 2,050 2,271 2,848 2,988
tabelog 108 283 541 1,584 2,539
Travel and Real Estate, etc. 633 839 844 1,213 1,384
Finance 395 547 466 487 585
Sales by Business for Each Term
(Consolidated Basis)
11,657
18,463
24.5%
16.2%
13.7%
34.9%
7.5%
3.2%
25.3%
4.7%
39.3%
7.2%
4.0%
15,603
22.0%
18.2%
10.2%
38.7%
7.8%
3.1%
19.5%
9,026
24.4%
3.1%
34.4%
9.3%
6.1%
22.7%
6,219
28.1%
1.7%
27.6%
10.2% 6.4%
26.0%
*Note 2: Each amount is the
value after eliminating
internal sales amount or
transfer amount for inter-
segment sale or transfer.
Unit:Sales(million yen)
Percentage of sales(%)
Service
Advertising
Shopping
tabelog
Finance
Ka
ka
ku
.com
Travel and Real
Estate,etc.
Note: Effective from FY2012, the presentation of service business sales is changed from a gross basis to a net basis. Following
this change, actual figures in and before the FY2011 have been restated on a net basis. 30
FY2007 FY2008 FY2009 FY2010 FY2011
Operating profit 1,915 3,914 5,456 7,854 9,010
Operating profit margin 30.8% 43.4% 46.8% 50.3% 48.8%
0%
10%
20%
30%
40%
50%
60%
0
2,000
4,000
6,000
8,000
10,000
Trend in Operating Income by Fiscal Year
(Consolidated)
Note: Effective from FY2012, the presentation of service business sales is changed from a gross basis to a net basis. Following
this change, actual figures in and before the FY2011 have been restated on a net basis.
(Unit: million yen)
31
Increased dividend per share each fiscal year. Forecast dividend
per share of 35 yen for fiscal year ending March 2012
¥2.3
¥6
¥12
¥19
¥25
¥35
0
5
10
15
20
25
30
35
40
FY2007 FY2008 FY2009 FY2010 FY2011 FY2012
(Forecast)
32
Dividend amount
Unit: yen
※The 2-for-1 stock split (occurred July 2008) and 200-for-1 stock split (occurred in August 2011) are both calculated
to have been completed in the beginning of fiscal year ending March 2007.
Trend of dividend per share
Shareholder returns
Business Results for 3Q Consolidated Accounting Period of FY2012
Comparison with Previous 3Q Consolidated Accounting Period
*EBITDA = (profit before taxes) + (depreciation) + (goodwill amortization) + (interests paid)
Note: Effective from FY2012, the presentation of service business sales is changed from a gross basis to a net basis. Following this change,
actual figures in and before the FY2011 have been restated on a net basis.
33
Quarterly consolidated accounting period (3 months) Unit: million yen
Oct.-Dec. 2011 Oct-Dec. 2012
Amount
increase/decrease
Increase-Decrease
ratio
Sales 4,797 6,112 1,315 27.4% increase
Operating profit 2,281 3,173 892 39.1% increase
Operating profit margin 47.6% 51.9%
Current profit 2,282 3,176 893 39.2% increase
Net income 1,324 1,943 618 46.7% increase
EBITDA* 2,476 3,400 923 37.3% increase
Consolidated accounting period (9 months) Unit: million yen
Apr.-Dec. 2011 Apr.-Dec. 2012
Amount
increase/decrease
Increase-Decrease
ratio
Sales 13,007 16,449 3,441 26.5% increase
s
Operating profit 6,216 8,157 1,941 31.2% increase
Operating profit margin 47.8% 49.6%
Current profit 6,219 8,123 1,903 30.6% increase
Net income 3,615 4,941 1,325 36.7% increase
EBITDA* 6,571 8,537 1,965 29.9% increase
Cash Flow Statement for 3Q Consolidated Accounting Period of FY2012
Comparison with Previous 3Q Consolidated Accounting Period
*Free cash flows = (Cash flow from operating activities) + (Cash flow from investing activities)
34
Quarterly consolidated accounting period (3 months) Unit: million yen
Oct.-Dec. 2011 Oct.-Dec. 2012
Amount
increase/decrease
Cash flow from operating activities 149 669 520
Cash flow from investing activities (264) (120) 143
Cash flow from financing activities 16 (2,740) (2,757)
*Free cash flows (115) 549 664
Cash and cash equivalents, end of quarter 15,536 12,349 (3,187)
Consolidated accounting period (9 months) Unit: million yen
Apr.-Dec. 2011 Apr.-Dec. 2012
Amount
increase/decrease
Cash flow from operating activities 2,385 4,131 1,746
Cash flow from investing activities (427) (3,448) (3,020)
Cash flow from financing activities (897) (6,721) (5,824)
*Free cash flows 1,958 683 (1,274)
Cash and cash equivalents, end of quarter 15,536 12,349 (3,187)
Balance Sheets as of End of 3Q Consolidated Accounting
Period of FY2012 Comparison with End of Previous 3Q
Consolidated Accounting Period
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(Assets)
Current assets 23,805 93.9% 25,093 94.1% 1,287
Cash and deposits 15,468 15,405 (62)
Cash segregated as deposits 2,932 4,262 1,330
Accounts receivables 2,887 3,372 485
Others 2,517 2,052 (465)
Non-current assets 1,538 6.1% 1,587 5.9% 48
Property, land and equipment 484 540 56
Intangible assets 682 595 (87)
Investment and other assets 370 450 80
Total assets 25,343 100.0% 26,680 100.0% 1,336
(Liabilities)
Current liabilities 8,318 32.8% 9,658 36.2% 1,340
Accounts payables 1,246 1,613 366
Accrued income taxes 752 1,218 466
Guarantee deposits 3,952 4,616 663
Others 2,366 2,210 (156)
Non-current liabilities 92 0.4% 124 0.5% 31
Deferred tax liabilities 36 52 15
Asset retirement obligations 55 64 8
Others 0 7 7
Total liabilities 8,410 33.2% 9,782 36.7% 1,372
(Net assets)
Capital stock 842 915 73
Capital surplus 1,291 1,365 73
Retained earnings 14,643 17,316 2,673
Treasury Stock - (2,880) (2,880)
Stock warrants - 11 11
Minority interests 155 167 12
Total net assets 16,932 66.8% 16,897 63.3% (35)
Total liabilities and net assets 25,343 100.0% 26,680 100.0% 1,336
Dec. 2011 Dec. 2012
Increase
/ Decrease
Services provided by the Kakaku.com Group
◆Insurance Consulting Service http://hoken.kakaku.com/
This site covers a wide range of policies including life insurance, non-life insurance, car insurance and travel insurance. Experienced and impartial consultants select and propose products that match a customer’s request. Inquiries are welcomed via Internet or phone and at agencies (run by our consolidated subsidiary,
Kakaku.com Insurance, Inc.)
◆ Real Estate/Housing Information
Website
「Sumaity」 http://sumaity.com/
Providing information on rental properties and apartments/houses for sale.
Enables house-hunting according to one’s needs, with enhanced house-related
information including area details,
loan simulations, etc.
◆Photo Community Site
「PHOTOHITO」 http://photohito.com/
Based on the concept of “connecting people with photos,” this site provides a place to proudly share photos. Linked to extensive product data on cameras and lenses, kakaku.com allows users to go “from photos to cameras/lenses” and “from cameras/lenses to photos.”
◆Fashion Coordinator Site for Women
「Dre‘Che」 http://dreche.co
This site lets users search images of fashion coordination posted by other users by such categories as “item” and “brand.” In addition, users can find the latest ensemble through user ranking. This is a convenient site for users to get insights on what to buy or wear among the clothes they have.
◆Search Site for Brand-new apartment
「Mansion DB」 http://mansion-db.com/
This site provides information on newly built apartments as well as details on their surroundings to allow searches to be refined in various ways to match user needs. Users can request brochures on multiple properties simultaneously.
◆Gourmet Site by Ranking & Review
｢tabelog｣ http://tabelog.com/
This site provides reliable restaurant rankings by rating them on a scale of one to five based on word-of-mouth and reviews collected from users who actually visited the restaurants. An information service for member restaurants is also gaining popularity.
◆Website for last-minute discounts
on rooms at hotels and Japanese-style
inns
「yoyaQ.com」 http://yoyaq.com/
This is a reservation service for rooms at hotels and Japanese-style inns at bargain rates for plans that are discounted due to last-minute cancellations or other
special reasons.
◆Customer Purchasing Support Site
「Kakaku.com」 http://kakaku.com/
This site provides price/product/word-of-mouth information on various products and services including PCs and home electronics, broadband and mobile phone telecommunication fees, food/drink, interiors and cosmetics.
◆Word-of-mouth Travel Site
「4travel」 http://4travel.jp/
Based on the concept of “online travel guide everyone joins to create,” this site provides information on travel at home and abroad posted by users. It also provides a service to compare and review hotels, tours and air tickets among others, as well as a travel blog service to write up travel memories on the web for free (run by our consolidated subsidiary,
4travel, Inc.)
◆Comprehensive Movie Information Site
「eiga.com」 http://eiga.com/
This site provides a wide range of information including on the latest movies from Hollywood/Europe, movie reviews by professional critics and our editorial desk as well as those posted by users (run by our consolidated subsidiary,
eiga.com, Inc.)
◆ Photo Sharing Application for Food
「Tabera」 http://camera.tabelog.com/
Unique to “tabelog,” this photo sharing application focuses on gourmet meals, embracing the concept of “share your everyday cuisine and restaurant.” The proprietary image-editing function enables photos of food to look even more delicious and the uploaded photos are shared among users. These photos can be shared easily through Twitter and Facebook with the restaurant information provided by “tabelog.”
◆Cooking Support Application
「recipom」 http://recipom.com/
“Link to your refrigerator” is the concept of this cooking support application, which enables users to search for recipes that use the ingredients in their refrigerators while managing the ingredients they have in stock. By registering the contents of their refrigerators, users can find recipes that use their available ingredients. By combining the displayed recipe choices, users can plan menus easily.
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Company Profile
■Company Name Kakaku.com, Inc.
■Address EBISU IMARK GATE（Daikanyama Digital Gate Building）, 3-5-7, Ebisu minami, Shibuya-ku, Tokyo 150-0022
■Founded December 1997
■URL http://corporate.kakaku.com/
■Share Listing The First Section of Tokyo Stock Exchange
■Stock Code 2371
■Related Companies
Kakaku.com Insurance, Inc. URL: http://hoken.kakaku.com/insurance/company.html
4travel, Inc. URL: http://4travel.jp/
Kakaku.com Financial, Inc. URL: http://kakakufx.com/
eiga.com, Inc. URL: http://eiga.com/
Information and future prospects herein are based on company judgments
founded on data available at time of document preparation and on the
premise of assumptions made on uncertain data. Therefore, the contents of
this document may not be consistent with the actual business performance
and results due to that such are subject to various factors in the future.
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