COMPANY PROFILE THINK OF GAME ; THINK OF IGS 1

Transcription

1 COMPANY PROFILE THINK OF GAME ; THINK OF IGS 1

2 AGENDA COMPANY OUTLINE MARKET UPDATE FINANCIAL HIGHLIGHT IGS PRODUCT PLAN THINK OF GAME ; THINK OF IGS 2

3 COMPANY OUTLINE THINK OF GAME ; THINK OF IGS 3

4 COMPANY PROFLIE Paid-in Capital Million NTD (18.7 million USD) Established 1989 / 11 / 10 Employee ADDRESS Business Fields 650 total employees 2F, NO.48,Wucyuan RD, Wugu Industrial Park, Taipei County Designing, Developing and Manufacturing Arcade Games Developing and Publishing Online Games Official Websites Reuters 3293 TWO ; Bloomberg 3293 TT THINK OF GAME ; THINK OF IGS 4

5 ARCADE & ONLINE GAME DEMO THINK OF GAME ; THINK OF IGS 5

6 PRODUCT INTRODUCTION ONLINE ARCADE CASUAL GAME AMUSEMENT CAR RACING MUSICAL EZ Touch SHOOTING KIDS GAME STAR 31 THINK OF GAME ; THINK OF IGS POKER VIDEO SLOT OTHERS MMORPG AMUSEMENT WITH PRIZE MAHJONG WE DANCE FONG SHEN CHANG CHUN YUYUAN 6

7 BUSINESS MODEL ARCADE ONLINE Content Provider Manufacturer In-House Design Licensed IGS IGS General Distributor Channel Partner Special Content Request Customize Game Operator Game Center End-User THINK OF GAME ; THINK OF IGS 7

8 WORLDWIDE BUSINESS SCOPE Arcade No.1 China arcade games Top2 Italy AWP 2007, 2008 Top1 ASIA Touch panel games Online Game NO.1 Causal game portal " Game tower" in Taiwan NO.1 mahjong game site in Taiwan NO.1 Online Dancing site in Taiwan THINK OF GAME ; THINK OF IGS 8

9 REVENUE CONTRIBUTION SALES BREAKDOWN BY PRODUCT 100% 80% 28.2% 32.0% 31.4% 40.3% 40.0% 60% 40% 71.8% 68.0% 68.6% 59.7% 60.0% 20% 0% (F) Arcade Online THINK OF GAME ; THINK OF IGS 9

10 REVENUE CONTRIBUTION ARCADE SALES BREAKDOWN BY REGION 100% 80% 60% ASIA 70.0% ASIA 60.0% ASIA 64.0% ASIA 60.0% 40% 20% 30.0% 40.0% 36.0% 40.0% 0% (F) Europe & US ASIA ONLINE SALES 100% FROM TAIWAN THINK OF GAME ; THINK OF IGS 10

11 MARKET UPDATE THINK OF GAME ; THINK OF IGS 11

12 CHINA ARCADE GAME MARKET Regulatory boost Based on N0.458 announcement <Entertainment Place Management Regulation > issued by State Council of the People's Republic of China, government encourage game center to be larger scale and 9 provinces are appointed as the first priority to execute this regulati on from Local government support Guangdong and Hang zhou government build up animated comic base in 2008 THINK OF GAME ; THINK OF IGS 12

13 ITALY AWP ARCADE MARKET Biggest market in Europe k unit registered k 150k replacement demand every year Strong demand from both ends 60% Italians have spend money in AWP. AAMS announce Games generated 47.5 B revenue in % YoY Tax revenue is ~ 7.7 ~ B for government in 08 Regulatory boost New regulation is implemented in 2Q08 New replacement demand will continue consistently in 2009 THINK OF GAME ; THINK OF IGS 13

14 CHINA ONLINE GAME MARKET CHINA MARKET SIZE Source: Iresearch IGS PLAN 70% 64% 60% 55% Launch 30% 3 own-developed 36% 40% MMORPG 45% games in % 52% 48% 48% 52% THINK OF GAME ; THINK OF IGS 14

15 TAIWAN ONLINE GAME MARKET TAIWAN MARKET SIZE IGS PLAN % 64% 60% 55% 52% Casual 30% game growth is foreseeable 36% 40% 45% double digit 48% Casual game & Entertainment portal Enlarge IGS MMORPG members 30% 48% 52% THINK OF GAME ; THINK OF IGS 15

16 FINANCIAL HIGHLIGHT THINK OF GAME ; THINK OF IGS 16

17 REVENUE (2005Q1-2009Q1) 800 Unit: NTD Million Q1 05Q2 05Q3 05Q4 06Q1 06Q2 06Q3 06Q4 07Q1 07Q2 07Q3 07Q4 08Q1 08Q2 08Q3 08Q4 09Q1 Sales Gross Profit Opearting Profit Net Profit THINK OF GAME ; THINK OF IGS

18 REVENUE 2009Q1 We have a strong 2009 Q % % 60% 40% % 20% 0% % REVENUE YOY THINK OF GAME ; THINK OF IGS

19 OPERATION PERFORMANCE 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% % 50% 40% 30% 20% 10% 0% ROE(RHS) 14.02% 27.44% 41.95% 41.60% 48.02% 35.64% Gross margin 57.90% 60.60% 70.90% 75.40% 76.39% 80.27% Operating margin 25.60% 29.80% 41.80% 48.00% 51.62% 39.08% Net Profit margin 14.80% 25.10% 33.50% 36.90% 40.13% 32.01% ROE(RHS) Gross margin Operating margin Net Profit margin THINK OF GAME ; THINK OF IGS 19

20 DIVIDEND POLICY Dividend Policy Cash Divined pay out ratio is around 60-75% Dividend yield rate is consistent and high 2008 Cash NT$10; Stock NT$ EPS CASH STOCK THINK OF GAME ; THINK OF IGS 20

21 IGS PRODUCT PLAN THINK OF GAME ; THINK OF IGS 21

22 ARCADE GAME AWP Q1 Q2 Q3 Q4 1H 2H USA -70 s -Bounty Hunter -Nudge Jack SVGA X 2 XGA X 2 SVGA X 1 EUROPE -Lucky Slot -Magic Dice -Red & Black -Carnival -Hocus Pocus -Cha Cha Cha -Super Magic -Red Fever SVGA X 2 VGA X 2 SVGA X 2 AMERICA & EE & CASINO ALIKE -Captain Jack -Extra Draw III -Holiday Party -Texas Holdem Elite -Spin 4 Rich -Wild Wide West XGA X 2 SVGA X 3 XGA X 2 SVGA X 3 THINK OF GAME ; THINK OF IGS 22

23 ARCADE GAME ASIA Q1 Q2 Q3 Q4 1H 2H VIDEO GAME 西遊釋厄傳 2 - 群雄爭霸加強版 NEW X1 NEW X2 TSG -IGS 手指指精華版 IGS 手指指精華版 EZNET 2 NEW X 1 SIM - 怒海英豪 - 敲擊大冒險 -SPEED DRIVER 2 -Go Go Ball SD -KIDS MEDAL - 鼓王 GOGO BALL 2 - 叢林鼓王 - 潛艇大戰 -IQ 樂園 摩托車 - 唯舞 ACD NEW SIM X 2 NEW FEC X 5 NEW SIM X 2 NEW FEC X 5 AWP - 超級大亨 2 - 幸運三星 - 麻將之星 - 歡樂節慶 - 南海一號連線 - 幸運跑馬地 2 - 黃金白金 888 SVGA X 2 CGA X 4 SVGA X 2 CGA X 5 THINK OF GAME ; THINK OF IGS 23

24 ONLINE GAME H 2H 1H 2H CASUAL NEW SYSTEM 2.0 RF NEW SYSTEM License x 1 MMORPG WEB 封神 NEW VERSION WEBGAME MMORPG License x 2 License WEBGAME x 1 BOARD GAME PORTAL 滿貫大亨戰鬥寶石 NEW VERSION 傑克船長方塊 New x 2 New x 8 THINK OF GAME ; THINK OF IGS 24

25 2009 HIGHLIGHT 2009 GM will keep flat (80.3%) or go up 2009 Italy replacement demand is strong 2009 Q2 Revenue is better than Q1 THINK OF GAME ; THINK OF IGS 25

26 Thank You! Please visit our website 2F,No.48, Wucyuan Rd., Wugu Industrial Park, Taipei 248,Taiwan (R.O.C.) THINK OF GAME ; THINK OF IGS 26