Nippon Television Holdings, Inc. · TSE:9404
Nippon Television — Q3 FY2024 Earnings Presentation
44 slides from Nippon Television's earnings presentation, Feb 6, 2025
Slide 1: FY2024 3rd Qtr Financial Results
FY2024 3 rd Qtr (Nine months ended December 31 2024) 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 com
Slide 2: Contents
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast 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: Overview of Financial Results and Forecast
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 5: Apr.–Dec. Financial Performance
FY20242024年度第2四半期決算概況 Apr.– Dec. Financial Performance 【Higher Sales and Operating Profit】 • Nippon TV ad sales increased. Spot ad sales trended higher YoY. • International content sales, movies, and IP business also contributed to Nippon TV’s sales and profit growth. HD: Consolidated • Studio Ghibl
Slide 6: Nippon TV HD: Consolidated Financial Results
Nippon TV HD: Consolidated Financial Results (Millions of yen) FY2023 FY2024 YoY Change Apr. - Dec. Apr. – Dec. Net Sales 306,219 333,613 27,393 8.9% Operating Profit 31,062 37,424 6,362 20.5% Recurring Profit 37,060 42,935 5,874 15.9% Net Income attributable to owners of the parent 33,174 29,521 △3
Slide 7: Net Sales YoY Change Components
Net Sales YoY Change Components （百万円） (Millions of yen) HD: Consolidated Results Group Companies Nippon TV +27,393 Content Strategy Previous Nippon TV Nippon TV Current la MURAYAMA BS Nippon Total Other period Terrestrial Events/ HJ period belle Nippon Television Anime- Net Sales Advertising Content
Slide 8: Operating Profit YoY Change Components
Operating Profit YoY Change Components (Millions of yen) （百万円） HD: Consolidated Results Group Companies Nippon TV +6,362 Content Strategy Previous Nippon la belle vie MURAYAMA TIPNESS HJ Nippon Total Anime- Other and Current MTBP, New Biz & TV Televisio related Consolidated period period others Oper
Slide 9: Nippon TV: Financial Results
Nippon TV: Financial Results (Millions of yen) FY2023 Apr. - Dec. FY2024 Apr. – Dec. YoY Change Net Sales 210,802 215,393 4,590 2.2% Operating Profit 21,336 23,477 2,141 10.0% Recurring Profit 25,008 27,501 2,493 10.0% Net Income 22,048 23,215 1,166 5.3% HD: Consolidated Results Advertising FY2023 A
Slide 10: 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% HD: Consolidated Results August △2.5% August 5.0% August 44.1% Gro
Slide 11: Nippon TV: Net Sales and Cost of Sales
Nippon TV: Net Sales and Cost of Sales (Millions of yen) Net Sales FY2023 Apr. - Dec. FY2024 Apr. – Dec. YoY Change Advertising Revenue 165,307 167,610 2,302 1.4% Program Sales 8,253 7,993 △ 260 △ 3.2% Events/Content Business Sales 65,296 31.0 64,762 30.1 △ 534 34,997 △ 0.8 37,428 2,431 6.9% 支 払 電 波
Slide 12: Nippon TV: Production Costs
Nippon TV: Production Costs (Millions of yen) FY2023 Apr. - Dec. FY2024 Apr. – Dec. YoY Change 65,296 64,762 △ 534 △ 0.8 Apr.-Dec. Production Costs (Millions of yen) (Ref.) Production Costs(FY) (Millions of yen) 100,000 95,245 100,000 88,421 87,526 89,331 84,544 80,000 HD: Consolidated 80,000 72,945
Slide 13: Nippon TV: Events/Content Business Sales and Balance
Nippon TV: Events/Content Business Sales and Balance (Millions of yen) Sales Balance FY2024 FY2024 Change Change Apr. - Dec. Apr. - Dec. Movies 3,920 39.4% 1,809 50.1% Events 3,076 △18.8% 303 △20.6% Retail Business 6,725 5.8% 329 △12.1% HD: Consolidated Results Anime 4,303 △14.7% 1,601 △26.8% Group
Slide 14: Group Companies: Net Sales and Operating Profit
Group Companies : Net Sales and Operating Profit FY2024 Apr. – Dec. (Millions of yen) Nippon Television MURAYAMA BS Nippon Corp. CS Nippon Corp. VAP Inc. TIPNESS Limited Music Corp. INC. Net Sales 13,240 6.6% 6,640 △2.0% 6,867 0.3% 4,860 2.8% 19,858 0.2% 13,131 16.6% Operating 2,112 73.5% 209 △18.9%
Slide 15: CAPEX and Depreciation & Amortization
CAPEX and Depreciation & amortization (Billions of yen) Depreciation & CAPEX amount Amortization FY2024 Apr.-Dec. 8.3 9.9 (Billions of yen) CAPEX amount Depreciation & Amortization (Billions of yen) 21.2 20.0 19.1 20.0 17.4 HD: Consolidated 14.2 15.8 Results 13.2 13.1 14.0 13.7 13.9 11.9 13.5 13.5 9
Slide 16: Consolidated Forecast and Dividend Forecast
Consolidated Forecast and Dividend Forecast (as of May 9) Unchanged from previous forecast (Millions of yen) Forecast for FY2023 Result Change Change(%) FY2024 Net Sales 423,523 442,000 18,477 4.4% Operating Profit 41,877 42,000 123 0.3% Recurring Profit 49,503 48,000 △1,503 △3.0％ Profit attributabl
Slide 17: Content Strategy
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 18: Studio Ghibli
Studio Ghibli Friday Road Show Ghibli Exhibition Total Visitors Exceed 1 Mil! An experiential exhibition of the charms of Studio Ghibli works through recollections and records of the times. Tokyo, Toyama, Kyoto, Hiroshima, and Akita venues have ended. Mie venue: open until Apr 11 Nagasaki venue: A
Slide 19: Studio Ghibli
Studio Ghibli Ghibli Museum, Mitaka holds “The Boy and the Heron” exhibition, part 3: background art Starting November 23, hand drawn pictures of the longform animation film “The Boy and the Heron” will be exhibited. © 2023 Hayao Learn how background art contributed to the film. Miyazaki/Studio Gh
Slide 20: Movie Business
Movie Business In winter 2025, the latest work by Director Mamoru Hosoda, “Belle,” debuts! Winter 2025 has the international debut of “Hateshinaki Scarlett,” the latest work by Director Mamoru Hosoda of Studio Chizu. ©2025 Studio Chizu Wildly popular series “Kingdom” newest installation records box
Slide 21: Anime Business
Anime Business Off to a great winter start with 2 titles! The Apothecary Diaries A global smash hit that debuted in October 2023. Moved to the Friday Anime slot to a great start. The Jan 10 debut broadcast was No. 1 in the core target and individual viewer ratings for the same time slot. Also No. 1
Slide 22: Global Content Rollout
Global Content Rollout Nippon TV formats are making leaps the world over! “Dragons’ Den” continues to break its “World Number 1” record, now with localized adaptations in 52 countries! ・Pakistan and Lithuania recently started broadcasting their local versions. ・US version “Shark Tank” is now airing
Slide 23: Events Business
Events Business Le dernier Monet Paysages d’eau Oct 5, 2024 (Sat) – Feb 11, 2025 (Tue) The National Museum of Western Art, Ueno, Tokyo Around 50 masterpieces from Monet’s later years have arrived from the Musée Marmottan Monet to join works from all over Japan to deliver the largest “water lilies” e
Slide 24: IP Business
IP Business ●No No Girls “No No Girls” is an unprecedented girls group audition started Oct.2024. “Who cares about your age and experience? Just show us your voice and life” show brought to you by BMSG and Chanmina, after broadcasts and HD: Consolidated streamings that resonated with many Results wo
Slide 25: IP Business
IP Business Creating new events linked to the show ● VS Bullet Train A dance and background singing group whose star is quickly rising. With them as the headliner, 2 young dance and vocal groups will be welcomed for a VS Project featuring the 3 members versus the bands at the Yokohama Arena. This ev
Slide 26: Programming Strategy
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 27: 2025 Major League Baseball Season Opens in Japan
2025 Major League Baseball Season Opens in Japan Full live broacasts of Cubs vs Dodgers opening games, the first time in 6 years that the MLB is back in Japan. The Los Angeles Dodgers won the 2024 World Series with Shohei Ohtani and Yoshinobu Yamamoto in its roster, and welcomed Roki Sasaki in Janua
Slide 28: April 2025 Cour Programming Improvements
April 2025 Cour Programming Improvements Aggressive programming improvements to create an exciting Nippon TV timetable. We aim to be a television broadcaster that is trusted, loved, and more than anything, “entertaining” for our viewers even 10 years into the future. To this end, we are impl ementin
Slide 29: 2025 One-Off and Sports Broadcasts
2025 One-Off and Sports Broadcasts Festive content for 2025, in ways that only Nippon TV can deliver! After the MLB games in March, Nippon TV has festive one-offs and weekly events every month that viewers will find irresistible! One-Off Shows March: Major League Baseball Japan Opening Games HD: Con
Slide 30: 2024 Individual Viewer Ratings
2024 Individual Viewer Ratings Single Crown for golden time! 2024/1/1～2024/12/29 NTV EX TBS TX CX All Day ② 3.4 ① 3.5 ③ 2.7 ⑤ 1.2 ④ 2.2 6:00 to 24:00 Prime Time ② 5.0 ① 5.3 ③ 4.2 ⑤ 2.7 ④ 3.4 19:00 to 23:00 HD: Consolidated Results Golden Time ① 5.3 ① 5.3 ③ 4.3 ⑤ 3.1 ④ 3.5 19:00 to 22:00 Group Compan
Slide 31: 2024 Core Target Viewer Ratings
2024 Core Target Viewer Ratings Quintuple Crown for 2024！ 2024/1/1～2024/12/29 NTV EX TBS TX CX All Day ① 2.5 ④ 1.2 ③ 1.5 ⑤ 0.5 ② 1.6 6:00 to 24:00 Prime Time ① 4.0 ④ 2.3 ② 2.9 ⑤ 1.2 ③ 2.6 19:00 to 23:00 HD: Consolidated Results Golden Time ① 4.2 ④ 2.3 ② 3.0 ⑤ 1.3 ③ 2.7 19:00 to 22:00 Group Companies
Slide 32: Digital & Streaming
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 33: Streaming Business: HJ Holdings (Hulu Japan)
Streaming Business: HJ Holdings (Hulu Japan) (Millions of yen) Net Sales Operating loss FY2024 Apr. – Dec. 24,461 △394 3Q saw a substantial increase in subscribers during year end Hulu Japan Original Dramas ■“House” series part 2 set for production “The Decagon House Murders,” originally written by
Slide 34: Streaming Business: TVer (AVOD)
Streaming Business: TVer (AVOD) TVer Highlights ■ Over 800 programs from all broadcasters streamed ■ Unique browsers: Oct: 33.56 mil Nov: 30.64 mil Dec: 35.24 mil Catch up views: Oct: 440 mil Nov: 430 mil Dec: 500 mil ■ Total app downloads: over 80 mil ■ Subscriber increase from Paris Olympics is be
Slide 35: Strategic Investment Trend
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 36: Strategic Investment Trend
Strategic Investment Trend 2019-2021 2022‐2024 2012-2015 2016-2018 Nippon TV Medium-Term Next60 Change65 eVOLUTION Manaement Plan Studio Ghibli Media & Content Business HD: Consolidated Results Group Companies Life & Health Related Nippon TV Business, others Content Strategy Total ¥38 bil ¥22 bil ¥2
Slide 37: Investment in Sports & Entertainment Fund
Investment in Sports & Entertainment Fund We invested in Scrum Sports & Entertainment Fund I, LP, a fund specializing in sports and entertainment created by Scrum Ventures LLC, a venture capital firm that invests in startups mainly in Japan and the US. As we aspire to create a wellness economic
Slide 38: Establishment of Yomiuri Chukyo FS Broadcasting Holdings Corporation
Establishment of Yomiuri Chukyo FS Broadcasting Holdings Corporation Yomiuri Chukyo FS Broadcasting Holdings Corporation (FYCS) was established for the purpose of further developing and strengthening the Nippon TV-affiliated network. Nippon TV Holdings will work closely with each company in the
Slide 39: Ad Reach Max Debuts in April
Ad Reach Max Debuts in April Ad Reach Max (AdRM) is Nippon TV’s advertising platform that makes it possible to manage ads flexibly like digital ads. AdRM’s target is the total size of the television advertising market and the programmatic advertising market, valued at JPY 2.1884 trillion. We call th
Slide 40: Reference Materials
Stock Repurchase and Cross-shareholding Reduction Overview of Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 41: Segment Results
Segment Results (Millions of yen) Segment Profit Net Sales (△ Loss) FY2023 FY2024 FY2023 FY2024 Change Change Apr. - Dec. Apr. - Dec. Apr. - Dec. Apr. - Dec. Media 283,207 310,605 27,397 28,121 35,439 7,309 Content Business Life and Health HD: Consolidated 19,824 19,858 33 879 0 △879 Results Related
Slide 42: Nippon TV: Advertising Revenue
Nippon TV: Advertising Revenue Spot Sales : Industry- classified FY2023 Apr.-Dec. Share Change Apr.-Dec.FY2024 Share Change 1 Service 15.4% △ 10.5% 1 Service 16.5% 9.8% Cosmetics/ Cosmetics/ 2 10.6% 30.8% 2 12.1% 16.8% Toiletries Toiletries 3 Telecom/Game 10.0% △ 28.1% 3 Telecom/Game 8.4% △ 13.8% 4
Slide 43: Movie Lineup For FY2024 ①
Movie Lineup For FY2024 ① ★＝Co-organized with Nippon TV 〇＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Date Title Distributor ●Mobile Suit Gundam GQuuuuuuX January 17th TOHO -Beginning- ●GIANTS THE MOVIE ASMIK HD: Consolidated January 24th Results （Working Title) ACE Group Comp
Slide 44: Movie Lineup FY2024 ②
Movie Lineup FY2024 ② ★＝Co-organized with Nippon TV 〇＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Date Title Distributor March 20th ★True Beauty: The Movie Part 1 SONY ★True Beauty: The Movie Part 2 st May 1 HD: Consolidated ■Detective Conan: One eyed April 18th TOHO Results F
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