Company Overview - TikTok Shop officially launched in Japan on June 30, 2025, providing access to 33 million monthly active TikTok users in Japan, marking a significant step in TikTok's global e-commerce strategy [1][6] - The company has an existing Content Commerce strategy through its media brand Gizmodo Japan, leveraging its audience to sell advertising and sponsored content [3] Industry Insights - Content Commerce combines traditional e-commerce with engaging digital content, resulting in higher conversion rates and becoming a focal point for advertisers as shopping shifts to digital channels [2] - The total transaction volume for TikTok Shop is projected to reach billions of dollars in the United States alone, indicating the potential growth of this e-commerce model [2] Strategic Initiatives - The launch of TikTok Shop in Japan is seen as a game-changing moment for the creator economy, allowing the company to pioneer a new business model that integrates media influence with direct commerce [4] - The company's commerce business, including 7NaNatural, operates within its Technology business unit, which contributed $14.2 million to FY2024 consolidated revenue, growing at a rate of 34% [5]

Event Overview - TechGALA Japan 2026 is scheduled to take place in Nagoya City from January 27 to 29, 2026, focusing on emerging technologies and established fields [1][6] - The event will feature keynote speeches, conferences, business "Speed Dating", exhibitions, networking initiatives, and side events over three days [1] Location and Significance - Nagoya City and Aichi Prefecture are recognized as an innovation hub and industrial capital in Japan, hosting a cluster of global companies in automotive, aerospace, and robotics sectors [2] - The event aims to explore how advanced technologies can address global challenges and drive societal and industrial transformation [2] Participation and Impact - TechGALA Japan 2025 attracted over 5,000 participants, 140+ exhibiting companies, and 400+ speakers from more than 20 countries, indicating a strong international presence [3] - Infobahn, a leading content marketing and communication company, played a central role in organizing the event and has been selected as a lead partner for TechGALA Japan 2026 [3][5] Company Performance - Infobahn's Digital Studio business unit contributed approximately $20.5 million to FY2024 consolidated revenue, representing a growth rate of 33% and accounting for about 42% of total revenue [4] - The company's strong FY2024 performance included consolidated revenue of $48.5 million and gross profit of $17.7 million [4]

Core Insights - TNL Mediagene has received research coverage from Sidoti & Company, following a similar initiation by The Benchmark Company, indicating growing interest from analysts in the company's performance and potential [1][2][7] Company Overview - TNL Mediagene is a Tokyo-based digital media and data group formed in May 2023 through the merger of The News Lens Co. and Mediagene Inc., focusing on original and licensed media brands across multiple languages and content categories [7][8] - The company operates in three main areas: Media & Branded Content, Technology, and Digital Studio, leveraging AI-driven data analytics and advertising technology [4][8] Financial Performance - For FY2024, TNL Mediagene reported consolidated revenue of $48.5 million, reflecting a 35% year-over-year growth, with a gross profit of $17.7 million and near break-even Adjusted EBITDA [4][10] - The company has a significant digital presence, attracting over 45 million monthly unique users and generating 189 million monthly digital footprints, which enhances its advertising revenue potential from a diverse client base of over 850 clients [4][5]

Core Insights - TNL Mediagene has appointed Chiemi Sasaki and Kate Lin as Editors-in-Chief for Roomie Japan and Roomie International respectively, aiming to enhance the lifestyle content platform's reach and influence in the market [1][6][8] Group 1: Company Overview - TNL Mediagene is a Tokyo-based digital media and data group formed through the merger of Taiwan's The News Lens Co. and Japan's Mediagene Inc., focusing on original and licensed media brands across multiple languages [14] - The Roomie media property includes Roomie Japan, launched in 2012, and Roomie International, which targets the global Mandarin language market [2][13] - Roomie Japan has achieved over 16 million average monthly views, while Roomie International has surpassed 1 million page views per month in its first year [1][3] Group 2: Financial Performance - Roomie Japan's sales grew by 145% year-on-year in the first five months of the current year, contributing approximately $13.7 million to FY2024 consolidated revenue, which represents a growth rate of 41% [3][10] - The Company's total FY2024 consolidated revenue reached $48.5 million, with a gross profit of $17.7 million [10] Group 3: Strategic Direction - The Roomie media properties emphasize thoughtful living and aesthetics, covering lifestyle products, interior inspiration, and home habits, resonating with modern living trends [2][5] - Future plans include expanding brand experiences through video content and collaborating with Roomie International to offer global lifestyle proposals [5][7]

Core Insights - The company has launched several AI-based initiatives aimed at enhancing productivity and efficiency, including the "AI Audience + AI Creative" product and AI-driven display ad optimization [1][2][6] - A significant reduction in human capital intensity by 5% has been achieved through AI-driven cost reduction initiatives [1][7] - The proprietary AI-powered content management system has improved editorial efficiency and content exposure for media brands [1] AI Agent Product Launch - The subsidiary Ad2iction has introduced the "AI Audience + AI Creative" solution, which automates marketing processes by up to 70% through the integration of language models and generative technologies [2] AI Audience Features - The AI Audience connects five intelligent modules, including consumer insights from over 18 million data points and real-time decision-support reports, enhancing marketing precision [3] AI Creative Capabilities - The AI Creative tool produces animated ads quickly and cost-effectively, increasing content flexibility and improving marketing outcomes with fewer resources [4] Multilingualization Strategies - The proprietary AI-powered content translation system has processed over 5,000 articles, with more than 1,200 articles published in the last quarter, requiring less than one hour of human editing on average [5] Display Ad Optimization - The introduction of an AI-driven display ad optimization platform has led to a significant increase in Revenue Per Mille (RPM) for display ads, a key revenue source for the Media & Branded Content business unit [6] Cost Optimization through AI - Integration of Google Gemini into Google Workspace has enhanced productivity, resulting in a 5% reduction in group-level human capital intensity compared to the same month last year [7] Community Engagement - The company co-hosted the 2025 Generative AI Conference, attracting around 1,000 industry professionals, and held events to foster a community focused on AI's positive impact on society [9] Strategic Focus on AI - The company aims to leverage AI for both revenue growth and cost efficiency, with plans for active M&A in the AI space to enhance its capabilities [9][10]

Core Insights - The launch of Business Insider Taiwan aims to fill a gap in the Mandarin language media landscape, providing insightful journalism on tech, business, lifestyle, and innovation targeted at Asian Millennial and Gen Z audiences [5][6][7] - The Company has a successful partnership with Business Insider, driving significant engagement with approximately 6.7 million average monthly unique users and 23 million average monthly views across its media properties [2][3] - The Business Insider related media properties contributed approximately $13.7 million to FY2024 consolidated revenue, growing at a rate of 41% and comprising about 28% of the total consolidated revenue [2][3] Company Strategy - The Company is expanding its multilingualization strategy to target the lucrative global Mandarin language market, leveraging cultural similarities with Japanese readers [3][4] - Business Insider Taiwan will serve as a platform to engage Mandarin-speaking audiences, supported by local market editorial expertise to enhance content relevance [3][5] - The first publication is scheduled for September, with plans to introduce additional content formats and services to set a new standard for business media in the region [7] Financial Performance - The Company achieved FY2024 consolidated revenue of $48.5 million, with a gross profit of $17.7 million and near break-even Adjusted EBITDA [5][6] - The diverse content portfolio drives over 45 million monthly unique users and 189 million monthly digital footprints, attracting significant advertising spend from over 850 clients [5][6]

Core Viewpoint - TNL Mediagene has entered a business alliance with WOWOW to enhance their media businesses and develop innovative media ventures, including a new promotional menu on the social commerce platform "CoSTORY" [1][6]. Group 1: Business Alliance and Collaboration - The business alliance agreement was signed on October 18, 2024, aiming to foster growth in media businesses [1]. - The collaboration will leverage the strengths of both companies, combining TNL Mediagene's content commerce expertise with WOWOW's extensive viewer reach [3][4]. - The partnership aims to create a new form of content distribution that utilizes diverse media approaches to enhance product storytelling [2]. Group 2: Promotional Menu "CoSTORY with WOWOW" - The "CoSTORY with WOWOW" promotional menu connects viewing experiences directly to purchase opportunities through various media outlets and social media channels [4]. - TNL Mediagene's media outlets reach approximately 30 million monthly readers, while WOWOW has around 2.3 million subscriptions across its broadcasting and on-demand services [4]. - Plans for product promotions will be tailored based on product characteristics and target segments to maximize effectiveness [5]. Group 3: CoSTORY Platform Overview - CoSTORY is a social commerce platform where users can pre-order and purchase unique and exclusive products not widely available [6]. - The collaboration with WOWOW will lead to the joint operation of new social media channels and integrated solutions combining TV commercials with digital advertising [6]. Group 4: Company Background - TNL Mediagene was formed in May 2023 through the merger of The News Lens Co., Ltd. and Mediagene Inc., operating across multiple media brands in Japanese, Chinese, and English [7]. - The company focuses on high-quality content and appeals to younger audiences, with a workforce of approximately 500 employees across Asia [7].

Core Insights - Roomie International is a lifestyle content platform that focuses on creating personalized living spaces and is tailored for the global Mandarin language market, building on the success of Roomie Japan [1][11] - The Media & Branded Content business unit, which includes Roomie International, contributed approximately $13.7 million to FY2024 revenue, growing at a rate of 41%, and accounted for about 28% of total company revenue [2] - The company achieved consolidated revenue of $48.5 million in FY2024, with a gross profit of $17.7 million and near break-even Adjusted EBITDA [2] Company Performance - Roomie International surpassed one million pageviews within its first year, indicating strong demand for its content in the Mandarin language market [4] - The company has a significant digital presence, with over 45 million monthly unique users and more than 189 million monthly digital footprints, attracting a prestigious client base of over 850 clients [2] - The company plans to continue investing in localized content development and diversified media partnerships to enhance its international presence [5] Strategic Direction - The company sees potential in cultural convergence and digital growth across Asian markets, particularly in Japan, which is viewed as a leader in culture and lifestyle offerings [3] - The success of Roomie International demonstrates the effectiveness of the company's multilingualization strategies, allowing for rapid content rollout to new language markets [3] - The company aims to inspire audiences to rediscover beauty in everyday life through high-quality original content [11]

Financial Data and Key Metrics Changes - The company reported strong consumer demand in Q1 2025, with consistent growth continuing into April and May, indicating a positive trend in top-line performance [6][7][42] - The provision for 2025 is set at 21%, with expectations of slight seasonal fluctuations but overall confidence in maintaining this figure throughout the year [38][39] - The average FICO score of consumers is between 730 and 740, the highest in the industry, which is expected to positively impact the provision as market confidence returns [46] Business Line Data and Key Metrics Changes - The company has three primary revenue streams: vacation ownership sales, management, and loans, with a consumer notes portfolio of $3.1 billion [15][39] - The average transaction price for new timeshare purchases is between $20,000 and $25,000, with a significant portion of owners having paid off their loans, enhancing consumer spending capacity [12][13] - The company has seen a shift in its customer base, with 65% of new owners being Gen Xers or millennials, indicating a successful strategy to attract younger demographics [18][19] Market Data and Key Metrics Changes - The travel and membership segment faces headwinds due to industry consolidation, impacting the exchange business, which represents a significant portion of EBITDA [71][72] - The company is exploring growth in the travel club business, which operates outside traditional timeshare models, indicating diversification efforts [72] Company Strategy and Development Direction - The company emphasizes the durability of its business model, highlighting a high concentration of recurring revenue and stable margins, which are attractive to investors [8][9] - There is a focus on leveraging partnerships with lifestyle brands to enhance marketing efforts and customer experiences, such as collaborations with Live Nation and Sports Illustrated [25][28] - The company is committed to a capital allocation strategy that includes dividends, share repurchases, and opportunistic growth investments, maintaining a strong balance sheet [49][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business model, noting that consumer demand remains strong despite broader economic uncertainties [10][41] - The company anticipates that as interest rates potentially decrease, it could lead to improved margins and cash flow generation [48][60] - There is a proactive approach to addressing challenges in the exchange business while seeking new opportunities for growth [74][75] Other Important Information - The company has a significant inventory of vacation properties, approximately four years' worth, which provides flexibility in capital deployment and cash conservation [61][63] - The management team is focused on utilizing AI and digital marketing to enhance customer engagement and increase resort bookings [66][67] Q&A Session Summary Question: How does the company view the current demand environment? - Management characterized the demand environment as consistently strong, with positive growth trends continuing into the summer months [6][7] Question: What is the strategy for addressing the next generation of owners? - The company has successfully attracted younger demographics, with a focus on brand consistency and flexibility in vacation options [18][19] Question: How does the company plan to manage its receivables portfolio? - Management indicated that while provisions may fluctuate, the overall health of the receivables portfolio is strong, supported by high FICO scores [39][46] Question: What are the expectations for the travel and membership segment? - The exchange business faces challenges due to industry consolidation, but the company is optimistic about growth in the travel club segment [71][72]

Core Insights - The conference will highlight the impact of rapid technological evolution across various industries, including healthcare, drones, consumer IoT, and gaming, with a focus on how emerging growth companies are leveraging quantum computing and AI for future positioning [1] - TNL Mediagene's Co-Founder & CEO Joey Chung will discuss the company's strong FY2024 performance, including consolidated revenue of $48.5 million and gross profit of $17.7 million, during a fireside chat at the event [2][3] - The company emphasizes the transformative role of AI in content creation and optimization, which has significantly enhanced profitability and operational efficiency [5] Financial Performance - TNL Mediagene reported consolidated revenue of $48.5 million for FY2024, with a gross profit of $17.7 million and near break-even adjusted EBITDA [2] - The adjusted EPS for the company was negative $0.035 per share, indicating ongoing challenges despite revenue growth [2] - The company is currently trading at an EV/Revenue discount compared to reference median multiples of 3.7x in AdTech and 5.6x in Digital & Social Media, suggesting it may be undervalued [6] AI and Technology Integration - AI is a key driver for TNL Mediagene, impacting various aspects of the business, including multilingual content strategies and cost optimization [5] - The company actively utilizes AI for translation services, which has become a significant performance driver for both revenue and cost management [5] - TNL Mediagene's participation in the 2025 Generative AI Conference highlights its commitment to staying at the forefront of AI innovation in the media sector [4] Market Position and Strategy - TNL Mediagene has established a strong market presence in Japan and Taiwan, with a client base that includes leading multinational companies [7] - The company is focused on an active M&A strategy to enhance its growth and market position [2] - The firm has approximately 45 million monthly unique users, showcasing its extensive reach and influence in the digital media landscape [5]