Nippon Television Holdings, Inc. · TSE:9404
Nippon Television — FY2024 Earnings Presentation
44 slides from Nippon Television's earnings presentation, May 16, 2025
Slide 1: FY2024 Financial Results
FY2024 Financial Results This presentation may include forward-looking statements. Actual results, however, could differ significantly as a result of various factors and circumstances. Forward-looking statements contained herein are not guarantees or commitments. Reproduction of this presentation is
Slide 2: Contents
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 3: Stock Repurchase and Cross-shareholding Reduction
Stock Repurchase and Cross-shareholding Reduction Stock repurchase April 2024 – May 2024: 1,576,200 shares repurchased at the total price of JPY 3,514,868,532 Total for February 2, 2024 – May 17, 2024: 3,201,900 shares at JPY 6,999,947,265 Dividend distribution starts for foreign shareholders not li
Slide 4: Contents: Overview of Forecast and Financial Results
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 5: Consolidated Forecast and Dividend Forecast
Consolidated Forecast and Dividend Forecast Forecast for FY2025 （Millions of yen） Forecast for FY2024 Result Change Change(%) FY2025 Net Sales 461,915 466,000 4,085 0.9% Operating Profit 54,917 55,000 83 0.2% Recurring Profit 65,724 64,000 △1,724 △2.6％ Profit attributable to owners of parent Net inc
Slide 6: FY 2024 Consolidated Financial Performance
FY 2024 Consolidated Financial Performance Highest-ever Sales Nippon TV sales and profit increased due to a recovery in broadcasting revenue and growth in business revenue. Positive effects of one full year of Studio Ghibli’s financial performance after it was consolidated in 4Q FY 2023. Group
Slide 7: Nippon TV HD: Consolidated Financial Results
Nippon TV HD: Consolidated Financial Results FY2023 FY2024 YoY Change Net Sales 423,523 461,915 38,391 9.1% Operating Profit 41,877 54,917 13,040 31.1% Recurring Profit 49,503 65,724 16,221 32.8% Net Income attributable to owners of the parent 34,660 46,000 11,340 32.7% （Millions of yen） (Millions o
Slide 8: Net Sales YoY Change Components
Net Sales YoY Change Components +38,391 (Millions of yen) Nippon TV Previous Nippon TV la MURAYAMA BS HJ Nippon Total Other Current Terrestrial Events/ period belle Nippon Television Anime- period Advertising Content Net Sales vie Service related Net Sales Business Sales companies Sales 2025/5/16 HD
Slide 9: Operating Profit YoY Change Components
Operating Profit YoY Change Components (Millions of yen) +13,040 Previous Nippon la belle vie MURAYAMA TIPNESS Nippon Total Other and Current HJ period TV Television Anime- Consolidated period Operating Service related Adjustment Operating Profit companies Profit 2025/5/16 HD: Consolidated Group Nip
Slide 10: Nippon TV: Financial Results
Nippon TV : Financial Results (Millions of yen) FY2023 FY2024 YoY Change(%) Net Sales 287,075 297,731 10,655 3.7% Operating Profit 28,564 36,307 7,743 27.1% Recurring Profit 32,889 41,045 8,155 24.8% Net Income 28,932 32,445 3,513 12.1% 500,000 Net Sales Operating Profit Recurring Profit 50,000 50,0
Slide 11: Nippon TV: Net Sales and Cost of Sales
Nippon TV: Net Sales and Cost of Sales （Millions of yen） Net Sales FY2023 FY2024 YoY Change Advertising Revenue 226,135 232,721 6,585 2.9% Program Sales 11,013 10,689 △324 △0.1% Events/Content Business Sales 46,907 51,168 4,260 9.1% Real Estate Business 3,018 3,151 133 4.4% Total 287,075 297,731 10,
Slide 12: Nippon TV: Production Costs
Nippon TV: Production Costs FY2023 FY2024 YoY Change 89,331 87,715 △1,615 △1.8% （Millions of yen） Production Costs (Millions of yen) 100,000 95,245 88,421 87,526 89,331 87,715 90,000 84,544 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2019 2020 2021 2022 2023 2024（FY） 2025/5/16 HD: Cons
Slide 13: Nippon TV: Events/Content Business Sales and Balance
Nippon TV: Events/Content Business Sales and Balance Sales Balance FY2024 Change FY2024 Change Movies 4,935 34.6% 2,433 58.4% Events 5,078 △20.5% 1,105 9.6% Retail Business 8,779 11.5% 421 11.7% Anime 6,092 △9.0% 2,366 △16.8% International Business 5,002 149.6% 4,165 181.2% （excl. Anime） IP Business
Slide 14: Group Companies: Net Sales and Operating Profit
Group Companies : Net Sales and Operating Profit FY2024 （Millions of yen） Nippon Television BS Nippon Corp. CS Nippon Corp. VAP Inc. TIPNESS Limited MURAYAMA INC. Music Corp. 18,08 Net Sales 7.1% 8,740 △2.2% 9,189 2.3% 6,807 2.5% 26,755 1.1% 21,371 24.4% 9 Operating △66.1 2,919 32.6% 384 △35.2% 2,29
Slide 15: CAPEX and Depreciation (consolidated)
CAPEX and Depreciation (consolidated) (Billions of yen) Depreciation and CAPEX amount Amortization FY2024 10.9 13.4 （Billions of yen） CAPEX amount （Billions of yen） Depreciation and Amortization 22.0 21.2 20.0 19.1 20.0 17.4 15.8 14.2 14.0 13.7 13.2 13.4 13.9 10.9 9.9 10.0 10.0 8.0 0.0 0.0 （FY） 2019
Slide 16: Nippon TV's Advertising Revenue
Nippon TV’s Advertising Revenue FY 2024 saw a recovery in the television advertising market Time ad sales for regular shows underperformed the preview year, but special program sales trended strongly Spot ad sales trended higher year-over-year from June onwards Digital ad sales grew in line
Slide 17: Nippon TV: Advertising Revenue
Nippon TV: Advertising Revenue FY2024 Advertising Revenue YoY Time Change Spot Change Digital Ad. Change April △5.6% April △2.4% April 56.2% May △4.5％ May △2.4% May 60.5% June 6.3% June 6.2% June 38.7% July △2.4% July 3.7% July 13.9% August △2.5% August 5.0% August 44.1% September △4.0% September 8.
Slide 18: Spot Sales: Industry-classified
Spot Sales : Industry- classified FY2023 Share Change FY2024 Share Change 1 Service 15.8 △ 8.1% 1 Service 16.7 8.8% 2 Telecom/Game 10.1 △ 26.9% Cosmetics/ 2 10.5 13.2% Toiletries Cosmetics/ 3 9.5 27.1% 3 Telecom/Game 8.8 △ 10.6% Toiletries 4 Finance 6.1 △ 10.7% 4 Finance 6.2 3.9% Housing/ Housing/ 5
Slide 19: Contents Strategy
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 20: Studio Ghibli ①
Studio Ghibli ① Ⓒ1988 Hayao Miyazaki /Studio Ghibli My Neighbour Totoro Winner of 6 Laurence Olivier Awards, including Best Entertainment or Comedy Play. Runs indefinitely starting March 8, 2025 at Gillian Lynne Theatre, West End, London. Studio Ghibli 3D Architecture Exhibition An exhibition tr
Slide 21: Studio Ghibli ②
Studio Ghibli ② Ghibli Park and Ghibli Exhibition Behind-the-scenes explanation through numerous production documents of the works of Director Goro Miyazaki and how Ghibli Park was born. Nagano, Aichi, Kumamoto, Hyogo, Yamaguchi, Kochi, Niigata, Tokyo, and Aomori venues have ended. Last venue Okay
Slide 22: Events Business ①
Events Business ① Joe Hisaishi Royal Philharmonic Orchestra Special Tour 2025 Composer, conductor, and pianist Joe Hisaishi, Composer-in-Association for the UK’s Royal Philharmonic Orchestra, will perform in Japan with the orchestra. The tour will feature a film concert titled “Studio Ghibli Film Co
Slide 23: Events Business ②
Events Business ② “Annie”—A Musical Brought to You by Marumiya Corporation Runs April 19 (Sat) – May 7 (Wed) ※Tokyo shows: New National Theatre, Middle Theatre This is the 40th year since Nippon TV started organizing this musical that was born on Broadway and is loved throughout Japan. A story of lo
Slide 24: Movie Business
Movie Business In FY 2024, “Detective Conan: The Million-Dollar Pentagram” was the top-grossing film of the year. “Kingdom 4: Return of the Great General” secures the top spot for live-action box office earnings! In FY 2025, Mamoru Hosoda's latest film “Scarlet” is scheduled for global release. 2025
Slide 25: Anime Business
Anime Business Apothecary Diaries Even its 2nd season, which started in April 2025, enjoys solid viewer ratings that match “Frieren: Beyond Journey’s End” and ranks No. 1 in all the major streamers. As Maomao goes missing, all the previous incidents link together and the poison that has been quietly
Slide 26: Global Content Rollout
Global Content Rollout Establish a new overseas hub and production studio geared for the global market to bolster our global content distribution framework. • We will establish Gyokuro Studio to expand our overseas distribution of entertainment shows. By co- creating with internal and external top c
Slide 27: IP Business ①
IP Business ① A Nippon TV show spawns a new-generation J-pop boy band! ●aoen Produced by YX Labels, a label under Hybe Music Group (represents BTS and Seventeen), this audition program debuted on Saturday, February 15. It follows 11 runners (audition participants) aged 15 to 22 as they stand on the
Slide 28: IP Business ②
IP Business ② Various music events that only Nippon TV can deliver. ● D.U.N.K. SKY-HI and Nippon TV present D.U.N.K.—a large-scale music project. This third edition of D.U.N.K. took place over two days in January 2025 at K Arena Yokohama and has created a new movement in the music scene. Fans were t
Slide 29: Programming Strategy
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Content Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 30: April 2025 Programming Improvements
April 2025 Programming Improvements Proactive improvements to Nippon TV’s timetable to make it waku waku —a feeling of excitement. To ensure that Nippon TV remains trusted, loved, and above all, seen by our viewers as entertaining even a decade from now, we will implement program lineup improvements
Slide 31: April 2025 Programming Improvements
April 2025 Programming Improvements Proactive improvements to Nippon TV’s timetable to make it waku waku —a feeling of excitement. Regular programs that you want to tell someone about the next day or enjoy with your family—we will proactively line them up for you! ＊The show and segment titles below
Slide 32: One-Offs and Live Sports Broadcasts for 2025
One-Offs and Live Sports Broadcasts for 2025 Festive content that only Nippon TV can deliver, also lined up for 2025! May 2 (Fri) Friday Road Show The Boy and the Heron Airs for the first time ever! Director Hayao Miyazaki’s depiction overlaps with his youth in this autobiography-esque adventure fan
Slide 33: FY 2024 Viewer Ratings
FY 2024 Viewer Ratings April 1, 2024 – March 30, 2025 Individual Core Target All Day 3.4 2.4 (6:00 – 24:00) Prime Time 5.0 3.9 (19:00 – 23:00) Golden Time 5.3 4.1 (19:00 – 22:00) Non-Prime Time 3.0 2.0 (All Day minus Prime Time) Platinum Time 2.3 1.8 (23:00 – 25:00) 1st 2nd 2025/5/16 HD: Consolidate
Slide 34: Digital & Streaming
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Content Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 35: Streaming Business: HJ Holdings (Hulu in Japan)
Streaming Business: HJ Holdings (Hulu in Japan) (Millions of yen) Net Sales Operating Loss FY 2024 32,627 △1,962 Factors such as the decrease in subscribers led us to review the value of our content and record impairment losses. We increased capital in anticipation of improvements due to the impleme
Slide 36: Streaming Business: TVer (AVOD)
Streaming Business: TVer (AVOD) TVer Highlights ■ Total app downloads: over 85 M ■ Approximately 800 programs from all broadcasters streamed ■ Unique browsers: Jan: 41.2 M ※A TVer historical high Catch up views: Mar: 492 M ※3rd highest in TVer history Entertainment shows and dramas remain strong. Th
Slide 37: Strategic Investment Trend
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Content Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 38: Capital and Business Alliance with KANAMEL Inc.
Capital and Business Alliance with KANAMEL Inc. We acquired a portion of shares of KANAMEL Inc. (hereinafter “KANAMEL”), making it an affiliate accounted for by the equity method and entering a capital and business alliance. KANAMEL has won numerous awards in Japan and overseas for its advertisi
Slide 39: Spin-Off Nippon TV HR (Human Resources Business)
Spin-Off Nippon TV HR (Human Resources Business) Spin-off of Nippon TV HR, a human resources business that Nippon TV nurtured as a new business, on May 1, 2025. Responding to the growing demand from companies to develop their human resources, we are strengthening our capabilities in this field thr
Slide 40: Audire (Apparel Business by Announcers)
Audire (Apparel Business by Announcers) Audire, an apparel business launched and operated by Nippon TV announcers, increased its sales by 106% YoY and is growing steadily. Cooperating and collaborating with external companies like ANA, VERY, YANUK, and pionunnal on merchandise sales, as well as
Slide 41: Reference Materials
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Content Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 42: Segment Results
Segment Results （Millions of yen） Net Sales Segment Profit FY2023 FY2024 Change FY2023 FY2024 Change Media 393,567 431,120 37,552 38,552 52,190 13,680 Content Business Life and Health 26,456 26,755 299 538 187 △351 Related Business Real Estate-Related 11,207 11,530 323 4,301 4,445 144 Businesses 202
Slide 43: Movie Lineup For FY2025 ①
Movie Lineup For FY2025 ① ★＝Co-organized with Nippon TV Date Title Distributor 〇＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Friday ■Detective Conan: One-eyed Flashback TOHO April 18th Ⓒ2025 青山剛昌／名探偵コナン製作委員会 Thursday ★True Beauty: The Movie Part 2 SONY May 1st © 映画 「女神降臨」製作委員会
Slide 44: Movie Lineup For FY2025 ②
Movie Lineup For FY2025 ② ★＝Co-organized with Nippon TV Date Title Distributor 〇＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Friday TOKYO ■Anpanman: Chapon's Hero！ June 27th THEATRES ©やなせたかし／フレーベル館・TMS・NTV ©やなせたかし／アンパンマン製作委員会2025 Friday ★About a Place in Kinki Region Warner Br
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