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Copyright 20 Copyright 20 11 11 FIELDS CORPORATION FIELDS CORPORATION All rights reserved. All rights reserved. 1 THE GREATEST LEISURE FOR ALL PEOPLE JASDAQ: 2767 FIELDS CORPORATION Financial Presentation (Year Ended March 31, 2011) May 13, 2011 Copyright 20 Copyright 20 11 11 FIELDS CORPORATION FIELDS CORPORATION All rights reserved. All rights reserved. Full year (4.2010 – 3.2011)

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Page 1: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

1

THE GREATEST LEISURE FOR ALL PEOPLE

JASDAQ: 2767FIELDS CORPORATION

Financial Presentation (Year Ended March 31, 2011)

May 13, 2011

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

Full year(4.2010 – 3.2011)

Page 2: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

2

9Segment Information for the Year Ended March 31, 2011

8Consolidated C/F for the Year Ended March 31, 2011 (Overview)

5Pachinko/Pachislot Sales for the Year Ended March 31, 2011

4Consolidated P/L for the Year Ended March 31, 2011

7Consolidated B/S for the Year Ended March 31, 2011 (Overview)

6Reference: Changes in Pachinko/Pachislot Sales Results and the Number of Pachinko/Pachislot Sold

3Summary for the Year Ended March 31, 2011

Results for the Year Ended March 31, 2011 Summary of Group Businesswith Focus on the Entertainment Field

Forecast for the Year Ending March 31, 2012

16Progress of the Mid-Term Management Plan:Operating Income Target

15Dividends Paid and Expected Dividend Payment

12Reference: Changes in Market Sales Share

14Consolidated Forecast for the Year Ending March 31, 2012

13Forecast Conditions for the Year Ending March 31, 2012

11Reference: Changes in the Number of Pachinko/Pachislot Installedand Sold Nationwide

23Business Scheme 2010

22Other Field

20Mobile Field

21Sports Entertainment Field

18Profit Earning Capacity of Fields Group Business for the Year Ended March 31, 2011

19Group Business Summary

Page 3: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

3

<Results> Both net sales and incomes surpassed the record highNet sales: ¥103.5 billion (Highest ever), Operating income: ¥13.1 billionOrdinary income: ¥13.6 billion (Highest ever), Net income: ¥7.5 billion (Highest ever)

(I) Pachislot machine sales: resulted in record high figures (217,000 machines)Onimusha: Dawn of Dreams: 62,000 machine sales recorded (Total 90,000 machines sold) Evangelion—for your own wish: 55,000 machine sales recorded (Ongoing sales)Ore no Sora―Spirit of Young Justice: 38,000 machines sold, Sengoku BASARA 2: 16,000 machines sold, etc.

(II) Group business contribution to results (Difference between the non-consolidated and consolidated results: ¥210 million)• The acquisition of Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. as the Company’s subsidiaries contributed to the results.• Development in the online service fields, including the mobile field, was accelerated

– Established IP Bros. Incorporated (Strengthening of online service field)– Released “MOBASLO” and “Pspace” service (Integration of the Pachinko/Pachislot (PS) and Mobile Fields)

<Strengthening of business bases>[Strengthened planning and development in the PS field] (Started full-fledged operation of F Corporation; incorporated

MICROCABIN CORP. as the Company’s subsidiary)[Accelerated development of IP creation] (Established HERO’S)[Changed organization] (Established the Contents Division as of April 1, 2011)

<Dividend> Increased the interim dividend by ¥500, which resulted in a full-year dividend payment of ¥5,000

Summary for the Year Ended March 31, 2011

Source: Fields

3

Page 4: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

4

Source: Fields

(Unit: Billion yen)(%): ratio against Net sales

Consolidated P/L for the Year Ended March 31, 2011

Year Ended March 31, 2010

(7.3%)

(13.2%)

(12.7%)

(21.2%)

Year Ended March 31, 2011

228.6%

176.3%

161.7%

117.2%

156.2%

YoY

107.4%

105.2%

101.0%

100.0%

103.6%

Achievement against Full-

Year Forecast

7.52

13.68

13.13

21.99

103.59

Full-Year

Recording of equity method investment gain from Rodeo Co., Ltd. and other companies

Extraordinary income: ¥215 millionExtraordinary loss: ¥488 million(7.0%)

7.00

(13.0%)13.00

(13.0%)13.00

(22.0%)22.00

100.00

Forecast*

(28.3%)

(11.7%)

(5.0%)3.28

7.76

(12.2%)8.12

18.76

66.34

Full-Year

Net income

Ordinary income

Operating income

Overview

Pachislot machines sold: 217,000 machines(98,000 machines up year-over-year)

The acquisition of Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. as the Company’s subsidiaries has contributed to the results.

SG&A expenses

Net sales

A sales increase was driven by pachislot machinesBoth net sales and incomes surpassed the record high

* For information on the non-consolidated P/L for the year ended March 31, 2011, refer to the Supplementary Financial Document for the Year Ended March 31, 2011.

* We have upwardly revised the full-year forecast for the year ended March 31, 2011 on November 4, 2010.

4

Page 5: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

5

Pachinko/Pachislot Sales for the Year Ended March 31, 2011

Source: Fields

Pachinko machines: 4 models, 262,000 machines sold (68,000 machines down year-over-year)

Pachislot machines: 8 models, 217,000 machines sold (98,000 machines up year-over-year, a record high)

38,000 machines

205,000 machines

Main titles

293

66

226

H1

Year Ended March 31, 2011

480

217

262

Full-Year

106.8%

182.7%

79.4%

YoY

1197Pachislotmachines

330266Pachinkomachines

55,000 machines (Ongoing sales)MOBASLO Evangelion —for your own wishBisty

16,000 machinesSengoku BASARA 2EnterriseQ4

GravionRodeo

CR Kung Fu PandaBisty Q4

14,000 machines

37,000 machines

26,000 machines(Total sales: 90,000 machines)

Ore no Sora―Spirit of Young JusticeRodeo

CR Shimizu no Jirocho Light ver.Bisty

(Ongoing sales from FY 2010)Onimusha: Dawn of Dreams

Magical Shopping Arcade Abenobashi

Gamera

(Ongoing sales from FY 2010)Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines

(Total sales: 84,000 machines)

(Ongoing sales from FY 2010)Onimusha: Dawn of Dreams

CR Evangelion—Evangelical of the beginnings Light ver.

CR Evangelion —Evangelical of the beginnings

Q3Rodeo

BistyQ3

Bisty

Bisty

Bisty

Rodeo

Rodeo

H1

H1

449

Full-Year

274

H1

Year Ended March 31, 2010

Total

Machines sold

(Thousand machines)

5

Page 6: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

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Reference: Changes in Pachinko/Pachislot Sales Results and the Number of Pachinko/Pachislot Sold

Source: Fields

3,289

7,761

8,124

26,889

66,342

2010.03

(1,481)

991

1,960

24,024

73,035

2009.03

5,296

11,705

13,158

34,544

101,818

2008.03

3,710

9,202

8,944

29,248

85,321

2007.03

7,520

13,684

13,136

35,129

103,593

2011.03

583

1,681

1,700

5,368

11,496

2001.03

3,524

7,022

6,781

15,992

61,888

2003.03

7,085

13,127

12,348

29,737

96,814

2006.03

6,926

12,480

12,097

24,752

81,658

2005.03

6,620

12,209

11,866

21,578

66,211

2004.03

5,664Ordinaryincome

12,703Gross profit

34,560Net sales

5,730Operatingincome

3,041Net income

2002.03

70,708159,851 181,114 178,906 191,944 214,660 165,424 210,553

128,680 119,146217,65995,631

62,80978,699

145,031

282,100329,661

345,823 273,981

202,525330,734

262,614

544,321511,247

484,534

331,205

449,880480,273

222,660259,813

323,937

474,044

166,339

0

100,000

200,000

300,000

400,000

500,000

600,000

2001.03 2002.03 2003.03 2004.03 2005.03 2006.03 2007.03 2008.03 2009.03 2010.03 2011.03 2012.03

Pachinko machine

Pachislot machine

<Changes in Results>

<Changes in the Number of Pachinko/Pachislot Machines Sold>

(Unit: Million yen)

: A record high result

(Unit: Machines)

* The figures for the year ended March 31, 2002 or earlier are those on non-consolidated financial reports.

The number of pachislot machinessold marked a record high

217,000 machines sold, which exceeded the results for the maturity period of Pachislot old regulation: No.4 (Year ended March 31, 2006) and the transition period of Pachislot new regulation: No.5 (Year ended March 31, 2008)

6

Page 7: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

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7

Consolidated B/S for the Year Ended March 31, 2011 (Overview)

Source: Fields

76,81146,101

30,710

4,227

26,483

76,81113,329

4,835

9,936

28,101

1,698

18,561

48,710

AtDecember 31,

2010

81,32941,187

40,141

4,295

35,845

81,32912,578

2,333

9,721

24,634

1,520

15,916

56,694

AtMarch 31,

2010(I)

78,97147,021

31,949

4,362

85

27,587

78,97112,760

5,070

10,089

27,920

1,358

15,873

51,051

AtMarch 31,

2011(II)

At March 31, 2010

(II) − (I)

(2,358)5,834

(8,192)

67

85

(8,258)

(2,358)182

2,737

368

3,286

(162)

(43)

(5,643)

Increase/ Decrease

Increase due to the acquisition of MICROCABIN CORP. asthe Company’s subsidiary(Short-term borrowings)

(Cash and cash equivalents)

Decrease in accounts payable—trade from pachinko/pachislot machine sales (Down ¥8,670 million)Total current liabilities

Decrease in accounts receivable—trade from pachislot machine sales (Down ¥5,140 million)Total current assets

Increase in retained earningsTotal net assets

Total assets

Total liabilities

Total fixed liabilities

Increase due to the purchase of investment securities(Total investments and other assets)

Total liabilities and net assets

Increase in goodwill due to acquiring Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. etc. as the Company’s subsidiaries(Total intangible fixed assets)

Increase in assets due to acquiring Tsuburaya Productions Co., Ltd. and Digital Frontier Inc. etc. as the Company’s subsidiaries(Total tangible fixed assets)

Total fixed assets

(Inventories)

Factors causing the increase/decrease

7

(Unit: Million yen)

Page 8: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

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Source: Fields

Consolidated C/F for the Year Ended March 31, 2011 (Overview)

Year EndedMarch 31, 2010

(1,657)(1,209)

(877)

(2,191)(1,008)

(482)

13,4104,907

(9,155)(5,258)

15,63215,906

(274)(7)

(3,915)

(4,356)

8,005

Full-Year

Year Ended March 31, 2011

Dividends paidRepayment of short-term borrowingsRedemption of corporate bonds

Purchase of 3 companies as the Company’s new consolidated subsidiariesPurchases of intangible fixed assetsPurchases of tangible fixed assets

Income before income taxes and minority interestsDecrease in notes and accounts receivable-tradeDecrease in notes and accounts payable-tradeIncome taxes paid

Factors

(1,011)Cash flows from investing activities

8,429Cash flows from operating activities

15,906Cash and cash equivalents at end of period11,181Cash and cash equivalents at beginning of period

4,725Increase (decrease) in cash and cash equivalents(4)Effect of exchange rate changes on cash and cash equivalents

(2,687)Cash flows from financing activities

Full-Year

8,429 8,005

(1,011) (4,356) (3,915)(2,687)

(5,000)

0

5,000

10,000Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities

Year Ended March 31, 2010 Year Ended March 31, 2011

(Unit: Million yen)

8

Page 9: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

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The ratio of consolidated net sales to parent company’s net sales: 1.1The ratio of consolidated operating income to parent company’s operating income: 1.0Summed figures for group business contributed to operating income of ¥260 million

OthersSports EntertainmentMobile

262

5,228

(1)

4,856

261

10,084

Sum of segments(I), (II), and (III)

(7)

(895)

8

(606)

Adjustment

5,012

37,251

8,124

66,342

13,136

103,593

Consolidated

4,302

29,614

8,618

61,357

12,920

90,971

Non-consolidated

385

5,262

(70)

619

315

5,881

Operatingincome

Netsales

Operatingincome

Netsales

Operatingincome

Netsales

34(157)4,733

1.12,4161,82162,379Year Ended March 31,

2010

1.0(290)23612,866

1.12,1712,03294,115Year Ended March 31,

2011

(245)

(324) 0.9

Consolidated/Non-

consolidatedratio

211

393

31,736Increase/Decrease

8,133

PachinkoPachislot

(Unit: Million yen)

(I) (II) (III)

Segment Information for the Year Ended March 31, 2011

9

Source: Fields

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Forecast for the Year Ending March 31, 2012

15Dividends Paid and Expected Dividend Payment

13Forecast Conditions for the Year Ending March 31, 2012

11Reference: Changes in the Number of Pachinko/Pachislot Installed and Sold Nationwide

16Progress of the Mid-Term Management Plan: Operating Income Target

14Consolidated Forecast for the Year Ending March 31, 2012

12Reference: Changes in Market Sales Share

10

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307.6 315.8 308.0

0

100

200

300

400

2009.03 2010.03 2011.03 2012.03 Estimates

: Number of machines installed

324.0350.3

290.0

6.1%

9.5% 9.1%

0

100

200

300

400

2009.03 2010.03 2011.03 2012.03 Estimates0%

5%

10%

15%: Number of machines sold : Company’s sales share

144.8134.7 136.0

0

50

100

150

200

2009.03 2010.03 2011.03 2012.03 Estimates

: Number of machines installed

91.3 89.0

76.6

14.1%

24.5%

18.9%

0

20

40

60

80

100

2009.03 2010.03 2011.03 2012.03 Estimates0%

10%

20%

30%: Number of machines sold : Company’s sales share

Reference: Changes in the Number of Pachinko/Pachislot Installed and Sold Nationwide

<Pachislot market: number of machines sold / The Company’s sales share*><Pachinko market: number of machines sold / The Company’s sales share*>

Source: Estimates made by Fields

<Pachinko market: Changes in the number of machines installed*> <Pachislot market: Changes in the number of machines installed*>(Unit: 10 thousand)(Unit: 10 thousand)

(19.9 machines)

(33.2 machines) (26.3 machines)

(21.8 machines)

(11.9 machines)

(12.9 machines)

* According to a survey conducted by the Company11* The Company presents the numbers of machines sold on a sales basis and not a recorded basis.

(Unit: 10 thousand) (Unit: 10 thousand)

Page 12: Full year - fields.biz · (Ongoing sales from FY 2010) Neon Genesis Evangelion— Die Spur der SEELE 9,000 machines (Total sales: 84,000 machines) (Ongoing sales from FY 2010) Onimusha:

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Source: Estimates made by Fields

<Pachinko sales share>*

<Pachislot sales share>*

Note 1: The Company’s share is calculated by dividing each of these values for the period from April to March by the total pachinko or pachislot machines sold by all manufacturers for the year. Note 2: The other companies’ shares are calculated by dividing each of these values for the period from January to December by the total pachinko or pachislot machines sold by all manufacturers for the year. Note 3: The Company presented the numbers of machines sold on a sales basis and not a recorded basis.

Reference: Changes in Market Sales Share

* The following figures are not the same as the manufacturing and sales shares presented by each manufacturers. The data is based on the Company’s own survey.

12

Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share

1 Sanyo 1,215,000 33.2% 1 Sanyo 688,000 20.3% 1 Sanyo 537,000 16.6% 1 Sanyo 631,000 18.0% 1 Sanyo 582,000 20.1%

2 KYORAKU 618,000 16.9% 2 SANKYO 548,000 16.1% 2 KYORAKU 467,000 14.4% 2 KYORAKU 516,000 14.7% 2 Newgin 306,000 10.54%

3 Fields 346,000 9.5% 3 KYORAKU 487,000 14.3% 3 SANKYO 404,000 12.5% 3 Newgin 395,000 11.3% 3 KYORAKU 304,000 10.49%

4 SANKYO 223,000 6.1% 4 Fields 274,000 8.1% 4 Newgin 351,000 10.8% 4 Sammy 373,000 10.6% 4 Fields 263,000 9.1%

5 Daiichi Shokai 210,000 5.7% 5 Newgin 217,000 6.4% 5 Sammy 203,000 6.3% 5 Fields 332,000 9.5% 5 Sammy 225,000 7.8%

6 Fujishoji 207,000 5.7% 6 Heiwa 158,000 4.7% 6 Fields 199,000 6.1% 6 SANKYO 312,000 8.9% 6 Heiwa 201,000 6.9%

7 Newgin 140,000 3.8% 7 Fujishoji 127,000 3.7% 7 Fujishoji 190,000 5.9% 7 Daiichi Shokai 177,000 5.1% 7 Sansei R&D 185,000 6.4%

3,655,000 100.0% 3,394,000 100.0% 3,240,000 100.0% 3,503,000 100.0% 2,900,000 100.0%

20102006 2007 2008 2009

Total Total Total Total Total

Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share Rank Company name No. of machines sold Share

1 Sammy 410,000 24.8% 1 Fields 211,000 12.1% 1 Yamasa 187,000 20.5% 1 Fields 119,000 18.9% 1 Fields 218,000 24.5%

2 Kita Denshi 290,000 17.6% 2 Universal 186,000 10.7% 2 Fields 129,000 14.1% 2 Yamasa 107,000 17.0% 2 Sammy 156,000 17.5%

3 Daito Giken 180,000 10.9% 3 Sammy 176,000 10.1% 3 Universal 57,000 6.2% 3 Sammy 90,000 14.3% 3 Universal 85,000 9.6%

4 Fields 165,000 10.0% 4 Daito Giken 174,000 10.0% 4 Olympia 54,000 5.9% 4 Universal 80,000 12.7% 4 Olympia 51,000 5.7%

5 Yamasa 150,000 9.1% 5 Yamasa 136,000 7.8% 5 Sammy 48,000 5.3% 5 Kita Denshi 76,000 12.1% 5 Daito Giken 50,000 5.6%

1,650,000 100.0% 1,744,000 100.0% 913,000 100.0% 766,000 100.0% 890,000 100.0%TotalTotal Total Total Total

2006 2007 2008 2009 2010

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Source: Fields

Forecast Conditions for the Year Ending March 31, 2012

<Pachinko/Pachislot Field>We plan to release quality pachinko and pachislot machine productsThe Company and its affiliated companies secured components by securing parts and taking other measures immediately after the earthquake occurred⇒Developed a system that will enable the Company to release some new products within the fiscal year.

Pachinko machine sales• Bisty Co., Ltd. will release several major titles• KYORAKU SANGYO will release its first title in the first half of the year

Pachislot machine sales• The pachislot market is on a path to recovery• Rodeo Co., Ltd. and Bisty Co., Ltd. will release major titles

<Group Business Focusing on the Entertainment Field>Expansion in the online service field, including the mobile field, has been acceleratedContribution from group business’s profits has increased

(Manufacturers)

(Pachinko halls) Pachinko halls plan to close the parlor (located within the service areas of the power company, TEPCO) on a rotating schedule or take other measures to deal with the electricity shortage this summer■Electricity shortage

It is expected that the release of new machine models will be limited due to a shortage of parts from some manufacturers■Procurement of electronic parts

Major effects of the 2011 Earthquake in Eastern Japan

13

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Source: Fields

Aim to increase sales and profits by promoting a variety of measures

Consolidated Forecast for the Year Ending March 31, 2012

Full-YearH1*

(12.6%)

5.42

(22.1%)

9.50

(21.3%)

9.18

43.01

H1

Results of Year EndedMarch 31, 2011

(7.3%)

7.52

(13.2%)

13.68

(12.7%)

13.13

103.59

Full-Year

Forecast for Year Ending March 31, 2012

106.4%8.00Net income

(14.0%)

102.3%14.00Ordinary income

(14.0%)

106.6%14.00Operating income

96.5%

YoY

(8.0%)

100.00Net sales

(Consolidated)

(Unit: Billion yen)(%): Ratio against Net sales

* We have been examining the pachinko/pachislot sales schedule by taking the effects of the Earthquake in Eastern Japan into consideration, and will announce the forecast for the first half of the year as soon as information on actual effects becomes available.

+0.69

+0.23

+0.21

+12.62

Year EndedMarch 31, 2011

+1.00

+0.60

+0.60

+12.70

Year EndingMarch 31, 2012

Reference: Difference between consolidated and

non-consolidated figures

(Unit: Billion yen)

14

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2,000 yen 2,000 yen 2,000 yen 2,000 yen 2,000 yen2,500 yen

2,000 yen 2,000 yen 2,000 yen2,500 yen 2,500 yen

2,500 yen

4,000 yen 4,000 yen4,500 yen

2,000 yen

500 yen

2,500 yen500 yen

4,500 yen 4,500 yen5,000 yen 5,000 yen

0 yen

2,500 yen

5,000 yen

2006.0 2007.0 2008.0 2009.0 2010.0 2011.0 2012.03Estimates

interim dividend Full-Year dividend 20th Year commemorative dividend

Source: Fields

Dividend Paid and Expected Dividend Payment

Year Ended March 31, 2011 : The interim dividend increased by ¥500 to ¥2,500 with the expected full-year dividend to be ¥5,000Year Ending March 31, 2012: The full-year dividend payment is expected to be ¥5,000, which is the same amount as that which will be paid for the

year ended March 31, 2011 Aim to achieve record high profits through further growth and thereby contribute to shareholder returns

Increase in interim dividend

ROA (%)

ROE (%)

Payout ratio (%)

Net income (¥ million)

17.18.2(3.5)12.49.219.520.822.045.9—29.537.420.3

17.0

7,520

11.61.617.312.016.4

8,0003,289(1,481)5,2963,7107,085

15

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16

Second Term ofMid-Term PlanFirst Term of Mid-Term Plan

Year ended March 31, 2010 Year ended March 31, 2011 Year ending March 31, 2014

¥10billion

¥20billion

Period to re-reinforce pachinko/pachislot planning anddevelopment capabilities

Period to restructure the group portfolio

実 績¥10 billion

¥25 billion or more

Year ending March 31, 2012

¥17 billion

Year ending March 31, 2013

¥20 billion

0.5 1 24

Source: Fields

Other factors

Synergisticbenefits

Pachinko/Pachislot

(PS)Business

21

Target operating income for the year ending March 2014 of ¥25 billion or moreTarget contribution by Group companies: 20%

Results for the Year Ended March 31, 2010

¥8.1 billion

< Year Ending March 31, 2012>

Initial forecast¥14.0 billion

Progress of the Mid-Term Management Plan: Operating Income Target

: Comments for the fiscal year ended March 31, 2011

Results for the Year Ended March 31, 2011

¥13.1 billion

<Year Ended March 31, 2011>Initial forecast¥11.0 billion

<Year Ended March 31, 2011>

Results¥13.1 billion

¥14 billion

16

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17

Summary of Group Business with Focus on the Entertainment Fields

22Other Field

23Business Scheme 2010

20Mobile Field

21Sports Entertainment Field

18Profit Earning Capacity of Fields Group Business for the Year Ended March 31, 2011

19Group Business Summary

17

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18

Source: Fields

Contributing to the Company’s overall results through improvement in profit earning capacity in group business

(Unit: Million yen)

Profit Earning Capacity of Fields Group Business for the Year Ended March 31, 2011

Group business earning capacity

(I) + (II)

Sub total(II)

Development investment cost for content share

by the group

Amortization of goodwill*

Year endedMarch 31, 2011

Operating income(I)

Net sales

OtherSports EntertainmentMobile

727

466

126

340

261

10,084

Total

711

396

126(HERO’S)

270

315

5,881

(220)236

70—

(290)23612,866

2,1712,03294,115

70

Group business’s earning capacity by segmentPS

* The figures are calculated based on the straight-line method. 18

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19

Group Business Summary

Source: Fields

<Strengthening of management base>[Mobile and on-line service fields]<Positioned as the second pillar following the Pachinko/Pachislotbusiness>• Actively invested in measures aiming at increasing the number of

paying members— Service development related to Pachinko/Pachislot content— Service development using contents other than

Pachinko/Pachislot content[Intellectual property (IP) development and creation]• Promoted the enhancement of the “Ultraman” intellectual property (IP) • HERO’S developed contents shared by the group companies

Group business summary<Results>[Achieved profitable results in terms of actual group income]• Total operating income from all segment businesses: ¥260 million• Actual income (operating income basis): ¥720 million• Consolidation of Tsuburaya Productions Co., Ltd. and Digital Frontier

Inc. as the Company’s subsidiaries contributed to the results• Sports field: launched reorganization of the business, which accelerated

the improvement of management

[Aiming to achieve ¥1 billion or more for the year ending March 31, 2012 on an actual income basis]

(Unit: Million yen)

Net sales Operating income

5,000

10,000

15,000

1,000

2010.03

(2)

4,857 500

1,500

(500)

(1,000)

(2,000)

(1,500)

(5,000)

(10,000)

(15,000)

(20,000)

<Changes in net sales and operating income in group business (Simple addition)>

0

2009.03(2,051)

17,922

*

*1 The net sales and operating income for the year ended March 31, 2009 include the values for the former Game Field (a discontinued department).

0

2012.03 Estimates

12,700

727

10,084

2011.03

261

1,000

Amortization of goodwill PS content development cost

*2 Net sales are shown on a consolidated-non-consolidated difference basis.

*2

*1

19

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20

Mobile Field

Source: Fields

Results for the year ended March 31, 2011[Promoted active investment aiming at increasing the number of paying members]<PS content>

• Started distributing applications such as simulator with an eye to the next generation mobile terminal markets, including the smart phone market

• Launched “MOBASLO” service that is linked to pachislot machines• Launched “Pspace” service, which has realized an on-line hall• Established NHN Japan Corporation and IP Bros Incorporated

<Other contents>• Started providing applications such as “Sha-Me-Ji” and “DECOCUTE”• Launched “NICO coupon” service jointly with Nico Nico Douga

Future business development[Provision of entertainment using various IPs including those owned by the Company]

Enhancement of service in the PC and mobile fields that are linked to Pachinko/Pachislot (PS) Field– Introduction of “Nanapachi” and support of various platforms– Enhancement of “Pspace” service

Enhancement of service in entertainment field outside Pachinko/Pachislot (PS) Field

(Unit: Million yen)

2010.032009.03 2011.03

1,609

Net sales Operating income

2,032

<Changes in net sales and operating income in Mobile Field>

2361,000

2,000

500

1,0001,821

455 393

0

200,000

400,000

600,000

2007

.03

2008

.03

2009

.03

2010

.03

2011

.03

<Changes in the number of members in Mobile Field>

Paying members

Total members

0 0

20

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21

Sports Entertainment Field

Source: Fields

Results for the year ended March 31, 2011[Continuously improved the management of sports related businesses]

Athlete management business: launched a full-fledged review of the businessFitness club business: strived to increase the number of TOTAL Workout members• Provided a professional service targeting professional athletes• Provided a high value-added service to health-oriented people

Future business developmentReorganization of business in the athlete management fieldImprovement of the added value of TOTAL Workout• Provision of programs that fit the leisure-lifestyles of members

(Unit: Million yen)Net sales

2,171

<Changes in net sales and operating income in Sports Entertainment Field>

(537)(324) (290)

2010.032009.03 2011.03

Operating income

2,4162,000 500

1,0003,589

(500)

4,000

<Changes in the number of members of TOTAL Workout>

0 0

4,000

4,500

5,000

5,500M

ar. 20

08

Mar.

2009

Mar.

2010

Mar.

2011

Number ofTOTAL workout members

(220)

Amortization of goodwill PS content development cost

21

2010.032009.03 2011.032008.03

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22

Other Field

Source: Fields

Future business developmentImprove the earning capacity of Tsuburaya Productions Co., Ltd. (Enhancement of the value of existing IPs, development of new IPs, and expansion of the monetize area)Further enhance the earning capacity of Digital Frontier Inc. by improving its planning and production capabilities and strengthening the linkage with the PS business Improve the profitability in the Lucent Pictures Entertainment, Inc. business field through selection and concentration, and earn profit by the release of the movieEnhance the IPs owned by the group and earn profits by publishing comic books from HERO’S Expand the business areas by using potential IPs for other media

Results for the year ended March 31, 2011[Focused on the strengthening of high-quality intellectual property (IP)]

Tsuburaya Productions Co., Ltd.• Released a new movie, Ultraman Zero THE MOVIE• Launched the project “45th Anniversary of the Ultraman Series”Digital Frontier Inc.• The production of computer graphics for games and pachinko/pachislot

machines steadily progressed• Expanded the image production business, including the VFX production for

the movie, GANTZLucent Pictures Entertainment, Inc.• Promoted initiatives toward the release of 3D and new titlesJointly established HERO’S with Shogakukan Creative Inc.; the company is preparing to publish new comic books

(Unit: Million yen)Net sales

5,881

<Changes in net sales and operating income in Other Field>

(584)

(70)

315

2010.032009.03 2011.03

Operating income

119

3,000

6,000

619

500

1,000

(500)

0 0

711

Amortization of goodwill

PS content development cost

22

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23

FansFans

Nationwide Pachinko hallsNationwide Pachinko halls

Comicsand books Animation GamesMusic

(Artists)Movies Dramasand other TV

Sportsetc.

High-quality intellectual property (IP)

Sales Planning

Cut

ting-

edge

cre

ativ

ity &

tech

nolo

gies Advertising

planners

Visualcreators

Visualtechnologies

Gamecreators

Copywriters

TVwriters and

planners

Cro

ss-m

edia

dev

elop

men

t

Paper(Magazinesand comics)

Mobile phones

New mobileInformation devices

TV

CDs and DVDs(For sales and rentals)

Movies

Videogameconsoles

Charactergoods

Live theater

Salesconsignment

Prod

uct

plan

ning

Pachinkomanufacturers

Pachislotmanufacturers

Com

mer

cial

izat

ion

Source: Fields

Intellectual propertydevelopment

Content

Cro

ss-m

edia

deve

lopm

ent

Business Scheme 2010

HERO’SHERO’S Tsuburaya ProductionsTsuburaya Productions JSMJSM

Lucent Pictures EntertainmentLucent Pictures Entertainment

Digital FrontierDigital Frontier

SANKYO (Bisty)SANKYO (Bisty)

KYORAKU SANGYOKYORAKU SANGYO

RodeoRodeo

EnterriseEnterrise

FF

Shin-Nichi TechnologyShin-Nichi Technology

MICROCABIN CORP.MICROCABIN CORP.

Fields Jr.Fields Jr.

SOGO MEDIASOGO MEDIA

Kadokawa HarukiKadokawa Haruki

BbmfBbmf

FutureScopeFutureScope

IP BrosIP Bros

SPOSPO

CAPCOMCAPCOM

butterfly-strokebutterfly-stroke

TYOTYO

Tokyo Shigesato Itoi OfficeTokyo Shigesato Itoi Office

TOTAL WorkoutTOTAL Workout

Consolidated subsidiaryConsolidated subsidiary

Other affiliated companyOther affiliated company External partnerExternal partner

Equity method affiliateEquity method affiliateRemarks:

23

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24

IR Tools

A variety of IR tools are available

出所:フィールズ

Analysis Tools

Annual Reports (Japanese/English)

[ON THE MOVE](Latest issue: October 1, 2010)Issued annually since year endedMarch 31, 2004

Got honorable mention at“Nikkei Annual Report Award 2010”

IR information isalso Available on

our mobile site[Nikko IR]

Chosen for the “Best Corporate Website award 2010”

[JASDAQ]2008 IR Company

of Excellence

Information posted on the page– Company profile– Data related to financial statements– Financial presentation material– IR press releases– Shareholder and share information

IR Pages on FIELDS CORPORATION Website

URL: http://www.fields.biz/ir/j/ (Japanese)http://www.fields.biz/ir/e/ (English)

Supplemental material on financial data (Japanese/English)

Included information:– Changes in performance– Market data– Pachinko/Pachislot

machine sales data– Introduction to group

companies– CSR information, etc.

Copyright 20Copyright 201111 FIELDS CORPORATION FIELDS CORPORATION All rights reserved.All rights reserved.

Fields’ OfficialIR Mobile Site

Ranked top1 among the new markets ranking

Chosen for the “Best Corporate Website award”

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25

Disclaimer/Contact

The plans, strategies and estimates of the Company indicated in these documents,other than actual results and established facts, include potential risks and uncertainties and cannot

be guaranteed.

Potential risks and uncertainties include, but are not limited to, the economicenvironment of the pachinko/pachislot market in which the Company operates, market

competition and the products handled by the Company.

: [email protected]

: +81-3-5784-2111

E-mail

TEL

IR Section, Corporate Communications Office

Contact