ヘルスケアサービス事業の拡大に中期的に取り組んでいきます。

We take this opportunity to thank our shareholders for the consistent support they have shown MTI Ltd.

We released the consolidated financial results for the first quarter of the fiscal year ending September 30, 2019 on July 30.

Financial Results Overview for FY2019 Q3

The number of paying subscribers to smartphones was 4.08 million at the end of June 2019 (down 0.49 million from the end of September 2018) due to difficulty acquiring paying subscribers to smartphones at cellphone shops, and the total number of paying subscribers decreased to 4.99 million (down 0.61 million from the end of September 2018).

Net sales amounted to 20,427 million yen (down 8.0% year on year) due to a fall in the total number of paying subscribers from the same period of the previous fiscal year, even though average revenue per user (ARPU) continued to rise. Gross profit also declined to 15,259 million yen (down 12.2% year on year), reflecting the net sales drop.

In spite of the control of selling, general and administrative expenses through a reduction in advertising expenses, achieved with priority attached to the efficiency of the acquisition of paying subscribers on smartphones at cellphone shops, operating income came to 2,265 million yen (down 8.1% year on year) chiefly due to the decrease in gross profit.

Although operating income fell, ordinary income rose to 2,951 million yen (up 22.4% year on year), attributable to a share of profit of entities accounted for using equity method of 632 million yen chiefly due to a gain on bargain purchase associated with the acquisition of shares in Shobunsha Publications, Inc., which has become an equity method affiliate.

In the same period of the previous fiscal year, tax expenses fell due to the absorption-type merger of a subsidiary. Although there were no factors like that this fiscal year, profit attributable to owners of parent climbed to 2,146 million yen (up 13.2% year on year), reflecting the increase in ordinary income and a gain on sales of investment securities.

Consolidated results for FY2019 Q3(October 1,2018 – June 30,2019)

(Millions of yen) (Year-on-year)
Net sales 20,427 (8.0%)
Operating income 2,265 (8.1%)
Ordinary income 2,951 22.4%
Profit attributable to owners of parent 2,146 1.32%

Outlook for FY2019
(Period from October 1, 2018 to September 30, 2019)

In the fourth quarter, the Company will continue to attach importance to the efficiency of the acquisition of paying subscribers on smartphones and work on increasing average revenue per user (ARPU) in the content distribution business, where the overall number of paying subscribers is expected to continue to fall, in addition to continuing to focus its efforts on expanding sales in the healthcare-related service business.

The healthcare-related service business, which the Company is engaged in with a medium-term perspective, has strong growth potential over the longer term and may move toward a stock type business with the provision of long-term support according to customers’ life stages. Accordingly, the Company is committed to implementing various measures in order to achieve sales growth.

 

  • ヘルスケアサービスの売上拡大
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  • 全体有料会員数の維持
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  • 顧客単価(ARPU)の向上
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We hope that we can continue to count on your support as we pursue our initiatives.

July 30, 2019
President and Chief Executive Officer

代表取締役社長 前多俊宏