[TRANS] 100901 Avex's Balance Sheet for Q2

Avex Group Holdings reported on the 30th a total budget surplus of 3 billion yen (≈ 35.5 million USD) for the quarter of April-September of this year, compared to a deficit of 476 million yen (≈ 5.6 million USD) in the same quarter of the prior year. It was previously predicted that their surplus would reach 500 million yen (≈ 5.9 million USD). Besides being able to lower the producing cost for their popular artists' albums last quarter, their profit also came from the great sale result of "ONE PIECE" Theme Song Compilations and DVDs.

Total sales of this quarter worth 58.9 billion yen (≈ 698 million USD), up 1% compared to the same quarter of the prior year; and this number exceeded their expectation by 3.3 billion yen (≈ 39 million USD). For the third quarter of the year, the CD sales of JUNSU/JEJUNG/YUCHUN are expected to accelerate their total sales. Besides, the releases of "ONE PIECE" Character DVD Boxes and Theme Song Compilations are also expected to be another source of their sale acceleration.

Its operating profit is 5.4 billion yen (≈ 64 million USD), which is 3.2 times their profit in the last quarter and exceeded their expectation by 3.9 billion yen (≈ 46 million USD). By purchasing the original recordings of the popular artist Tohoshinki from other recording companies, the company was able to cut down the cost of production for their best album. However, since that was also one reason that accelerate their sales in this quarter, their full-year outlook still remains unchanged.


Source: Japan's Economic Newspaper
Translation: linhkawaii @ OneTVXQ.com
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
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Just before anyone get super confused by the number:
Operating profit = basically what they earn from other businesses, not counting taxes or anything
CD sales profit = profit earn from selling CD
Profit = final profit after deducting taxes, production's cost, employees' salaries, expenses, etc.

Profit = Operating profit + CD sales - taxes - production's cost - employees' salaries - other expenses

[TRANS] 100513 Avex’s Balance Sheet for The First Quarter of 2010, Tohoshinki’s Best Album Sold 700,000 Copies

Major music company Avex Group Holdings released their balance sheet on the 13th showing that they have made a profit of 800 million yen (≈$8.6 milllion) in the first quarter of 2010 (compared to a loss of 900 million yen in the previous quarter). Their total sales were 118.1 billion yen (≈$1.3 billion), indicating a growth of 0.3%. On the other hand, their operating profits showed an incline of 14.1% and brought in 5.5 billion yen (≈$59 million).

There weren’t many releases from their major artists, but the stable profits they acquired from selling concert tickets, etc. guaranteed their business. On the other hand, because of the need of expenses to promote and advertise for their new businesses, their operating profits decreased.

In the first quarter, they only has one million-hit CD, which is EXILE’s album “Ai Subeki Mirai he” and it has sold 1.46 million copies so far. Tohoshinki and Amuro Namie are up next, and each artist’s best album has sold approximately 700,000 copies so far.

It is estimated that in the first quarter of 2011, Avex will experience a decrease of 0.1% in total sales which still bring in 118 billion yen (≈$1.2 billion); but their operating profits will increase 52.7% which will bring them 8.5 billion yen (≈$92 million). It is expected that their total profits will increase approximately 4.1 times and bring in 4 billion yen (≈$43 million).

Source: Sankei
Translation: linhkawaii @ OneTVXQ.com
Credits: OneTVXQ.com { One World. One Red Ocean. One TVXQ! }
Feel free to repost, but please leave the full credits intact. Thanks!