
Korea Investment & Securities Co.,Ltd. on the 3rd reported that SM Entertainment (041510) (48,050원▲ 400 0.84%) corporate performance last year in Japan were poor, but this year the singers in the agency will focus on activities in China and improve their performance. The targeted stock price will be 54,000 won and the investment opinions and purchases will be maintained.
Researcher Kim Shi Woo says, "Last year the yen developed weakness and SM Japan sales decreased etc. While overseas sales also declined" and "Yen sales were at a 75 billion Yen level over the previous year where it was increased at 7% and the Won currency sales at the same length dropped 15%" he reported.
Researcher Kim also stated "Greater China's whole sales level last year was at 9% but this year is rising 20% and singers from the Chinese agency are expected to have activities that will be actively set" adding "EXO, f(x), Super Junior M, Zhang Liyin will be focused for Chinese nationwide tours, TV appearances, commercials, and modeling etc."
And to top it all off, he also expects regarding Chinese activities, "The new line up of SM C&C(048550) (3,285원▲ 50 1.55%) contents production business etc. will have an improvement in sales".
Source: Chosun
Translations: plumblossoms @ Chocolyn
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Date: 2014-03-05 11:04 pm (UTC)no subject
Date: 2014-03-05 11:05 pm (UTC)happy camp part 4!!!
and that's smart for them because china loves them sm artists
will they let krease, luhan, or vic get solo activities though?
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Date: 2014-03-06 03:10 am (UTC)(no subject)
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Date: 2014-03-05 11:10 pm (UTC)no subject
Date: 2014-03-05 11:27 pm (UTC)lbr, snsd are still the biggest girl group in japan but their sales have definitely dropped. i think their releases there now are just to fill set lists for concert tours, bc that's where the big money is. sm aren't interested in a long term japanese career for soshi, never have been imo. they just want to make the most money by doing as little as possible. hence their japanese debut.
i think sm are doing what they can in china but they don't really have many connections there. it'll take time to conquer the market and they know this. but yeah, they do suck at promotion. i don't promote the talent they have. they could be doing so much more with victoria (she has huge potential in china, if only sm would realise it) and zhang li yin.
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Date: 2014-03-05 11:43 pm (UTC)i just had a small walk the memory lane in my mind just by looking at it
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Date: 2014-03-05 11:52 pm (UTC)in China they do have a little bit of a headway with SJM and Exo/ExoM. SJM is well loved in Taiwan and Hong Kong at least. Siwon, Zhoumi and Donghae have explored acting in China,Taiwan and Hong Kong. Exo M market hasn't been fully tested to its full potential yet. and i expect that to be a complete explosion if the album is solid. it does make me wonder if SM will do a full marketing bit or be lazy about it. The first taste for my interest will be to see how they push SJM now. will they finally get an actual tour in the region?
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Date: 2014-03-05 11:59 pm (UTC)If that's how they plan to go about future china promos then eeeeeep.
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Date: 2014-03-06 12:03 am (UTC)no subject
Date: 2014-03-06 12:25 am (UTC)no subject
Date: 2014-03-06 03:31 am (UTC)no subject
Date: 2014-03-06 12:43 am (UTC)no subject
Date: 2014-03-06 03:31 am (UTC)no subject
Date: 2014-03-06 12:49 am (UTC)Anyway, they'll make a lot of money as long as they exploit the Luhan thirst. Give the guy lots of solo deals and watch the money pour in tbh.
Ugh and my personal bias is gonna show here but I'm just super happy that Zhang Li Yin could be included in some way.
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Date: 2014-03-06 02:04 am (UTC)(no subject)
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Date: 2014-03-06 12:59 am (UTC)no subject
Date: 2014-03-06 01:11 am (UTC)no subject
Date: 2014-03-06 01:13 am (UTC)no subject
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Date: 2014-03-06 02:06 am (UTC)no subject
Date: 2014-03-06 07:01 am (UTC)Xiumin, on the other hand, seems to sort of understand the gist of the conversation but he's either too shy or don't feel like speaking in Chinese.
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Date: 2014-03-06 02:26 am (UTC)So yeah..good luck
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Date: 2014-03-06 03:09 am (UTC)no subject
Date: 2014-03-06 05:27 am (UTC)no subject
Date: 2014-03-06 03:38 am (UTC)no subject
Date: 2014-03-06 03:39 am (UTC)My f(x) queens finally getting some! I do hope they have it better in China♥
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Date: 2014-03-06 03:54 am (UTC)(no subject)
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Date: 2014-03-06 03:53 am (UTC)no subject
Date: 2014-03-06 04:13 am (UTC)i was hoping liyin would ditch sm
i can't see this working out too well unless they put real effort into it like they did with dbsk and boa in japan.
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Date: 2014-03-06 04:44 am (UTC)no subject
Date: 2014-03-06 05:38 am (UTC)no subject
Date: 2014-03-06 06:30 am (UTC)jumping into the chinese market is probably easier since it's just a matter of 1 successful act and the rest can be a packaged deal. at least that's what SM is doing and the fact that China eats it up.
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Date: 2014-03-06 07:08 am (UTC)If the reports going around are true then it should mean Exo's showtime in China, another appearance on Happy Camp, around 20 concerts in China this year. Just throw in some Chinese cf deals and some solo activities for M members then I'm all set.
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Date: 2014-03-06 01:08 pm (UTC)