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Pearson in Asia30 March 2006
Pearson in Asia (2005)
Sales
RoW
Adjusted operating profit
Europe
Asia Pacific 7%
North
America
Asia Pacific 7%
Europe
RoW
North
America
Group: $7,045 Asia: $516 million
Group: $875mAsia: $64 million
Pearson Education International
By region
ContinentalEurope
By product
SchoolPublishing
UK
Canada
Asia
LatinAmerica
SchoolTesting
ELT
Higher Education
Professional
2005 sales: $1.4 billion
Economic and demographic landscapeMix of developed and developing economies
0 1,000 2,000 3,000 4,000 5,000
Pakistan
New Zealand
Malaysia
Thailand
Indonesia
Australia
India
China
Japan
Source: UNESCO
0 10,000 20,000 30,000 40,000
India
Philippines
Indonesia
China
Thailand
Malaysia
New Zealand
Australia
Japan
Source: UNESCO
GDP GDP per capita$bn, 2004A $, 2004A
School age populationVast addressable market, shifting demographics
0 50 100 150
New Zealand
Australia
Malaysia
UK
Thailand
Japan
Philippines
Pakistan
United States
Indonesia
China
India
2015E
2005E
0 50 100 150 200
New Zealand
Australia
Malaysia
UK
Thailand
Japan
Philippines
Indonesia
United States
Pakistan
China
India
2015E
2005E
Source: World Bank Source: World Bank
Number of children of primary age Number of children of secondary agemillion million
Participation ratesHigh in primary, growth to come in secondary
n/a
n/a
0 20 40 60 80 100
China
Pakistan
Thailand
India
United States
Indonesia
Malaysia
Philippines
Australia
New Zealand
Japan
UK
n/a
n/a
n/a
n/a
0 50 100
Thailand
India
China
Pakistan
Indonesia
Philippines
Malaysia
Australia
United States
New Zealand
UK
Japan
Source: UNESCO Source: UNESCO
Primary participation rates, 2002 Secondary participation rates, 2002% of primary pop. in primary school % of secondary pop. in secondary school
Government expenditure on educationGrowth in absolute spend and secondary participation key
0 10 20 30
India
Indonesia
UK
Hong Kong
China
Australia
Malaysia
Thailand
Pakistan
Japan
United States
Philippines
Source: UNESCO
n/a
n/a
0 20 40 60 80 100
New Zealand
India
Indonesia
UK
Hong Kong
China
Australia
Malaysia
Thailand
Pakistan
Japan
USA
Philippines
Source: UNESCO
Education exp. as % of govt. exp.% of most recent data % of education expenditure
Primary vs Secondary exp.
Educational attainmentEducation levels are rising
0 10 20 30 40 50 60 70 80 90 100
Australia
India
Japan
Malaysia
Thailand
UK
None Primary
Secondary Post-Secondary
0 10 20 30 40 50 60 70 80 90 100
Australia
India
Japan
Malaysia
Thailand
UK
None Primary
Secondary Post-Secondary
Highest level of education achievedProportion of adults aged 15+ (1980)
Highest level of education achieved Proportion of adults aged 15+ (2000)
Source: World Bank Source: World Bank
Schooling and literacyTime spent in school and literacy rising
0
1
2
3
4
5
6
7
8
9
10
1960 1965 1970 1975 1980 1985 1990 1995 2000
Japan India China
0 20 40 60 80 100
China
India
Indonesia
Philippines
Malaysia
Pakistan
Thailand
Adults 15+ 15-24
Source: World Bank
Average number of years in school Adult literacy
Source: World Bank
Kirihara Shoten (Japan)
WFOE (Shanghai)
Co-publishing MOE
Pearson VUE
Edexcel
Hong Kong Asia hub
13 regional bureaux
5 regional print sites
Beijing rep office
Beijing rep office
India: English language and new regional publishing
DK: 80—100 title pa
Partnerships
World-wide rights for China (eg. Wolf Totem)
One Pearson
Financial training
Government relations
Shared services
Group out-sourcing
Pearson in Asia
Joint publishing
Content exchange
Infrastructure-distribution
Production and services initiatives in Asia
School, Higher Education and DK pre-press operations
Pearson Education and DK printing
School technology product development
Back office, transaction and IT Services
$100m+ of production, printing and services sourced in Asia
FT Asia
0
10,000
20,000
30,000
40,000
50,000
2003 2004 2005 2006
Average copies Online subscribers
FT Asia print and online subs Year end subscribers
0 50,000 100,000 150,000
Financial Times
Asian WallStreet Journal
InternationalHerald Tribune
Winning readership Average issue readership
Source: Pearson Source: Pearson
Gaining share in print and online
Republishing – Revenues, take 2
FT China
FT ChinaBreaching the Great Wall
0 20 40 60 80 100
hqcj.com
stock.163.com
forbeschina.com
hexun.com
eobserver.com.cn
business.sohu.com
fortunechina.com
chinese.wsj.com
finance.sina.com.cn
businessweekchina.com
ftchinese.com
Most valuable Valuable Surfing
Source: Pearson
FT China users and page views Most valuable business sites
Source: Pearson
New site live
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
Jan-
05Fe
b-05
Mar
-05
Apr-0
5M
ay-
Jun-
05Ju
l-05
Aug
-05
Sep
-05
Oct
-05
Nov
-05
Dec
-05
Jan-
06Fe
b-06
Uni
que
user
s pe
r wee
k
0100,000200,000300,000400,000500,000600,000700,000800,000
Pag
evie
ws
per w
eekUnique users per week
Pageviews per week
Old site Hard Relaunch
Major holidays in China