Nippon Television Holdings, Inc. · TSE:9404
Nippon Television — Q2 FY2025 Earnings Presentation
45 slides from Nippon Television's earnings presentation, Nov 6, 2025
Slide 1: FY2025 2Q (Apr.-Sep.) Financial Results
FY2025 2Q(Apr.-Sep.) 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 p
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 ■ Total number of shares to be acquired： 3,300,000 shares (upper limit) Total acquired amount：10,000,000,000 yen (upper limit) Acquisition period：From November 7, 2025, to December 30, 2025 All acquired treasury shares will be cancel
Slide 4: Cash Allocation Policy under the Medium-Term Management Plan
Cash Allocation Policy under the Medium-Term Management Plan 2025/7/28 HD: Consolidated Group Nippon TV Content New 4 Biz & Reference 4 Results Companies Strategy others Materials
Slide 5: Consolidated Forecast and Dividend Forecast
Consolidated Forecast and Dividend Forecast Forecast for FY2025 (Millions of yen) As of May 8th Revised forecast Change Change(%) Net Sales 466,000 473,000 7,000 1.5% Operating Profit 55,000 59,000 4,000 7.3% Recurring Profit 64,000 70,000 6,000 9.4% Profit attributable to owners of parent Net incom
Slide 6: FY2025 2Q Consolidated Financial Performance
FY 2025 2Q Consolidated Financial Performance Higher Sales and Profit ■ Record-high midterm sales for the second consecutive period. ■ Advertising revenue was generally strong, with a significant increase in spot ad sales. ■ Event revenue from Ghibli-related activities and others increased significa
Slide 7: Nippon TV HD: Consolidated Financial Results
Nippon TV HD: Consolidated Financial Results (Millions of yen) FY2024 FY2025 YoY Change Apr.-Sep. Apr.-Sep. Net Sales 216,873 234,481 17,608 8.1% Operating Profit 21,141 33,210 12,069 57.1% Recurring Profit 24,255 39,801 15,545 64.1% Net Income attributable to owners of the parent 15,968 26,398 10,4
Slide 8: Net Sales YoY Change Components
Net Sales YoY Change Components (Millions of yen) ＋17,608 Previous Nippon TV Nippon TV MURAYAMA la HJ Nippon Total Anime- Other Current period Terrestrial Events/ belle Television related period Net Sales Advertising Content vie Service companies Net Sales Sales Business Sales 2025/7/28 HD: Consolid
Slide 9: Operating Profit YoY Change Components
Operating Profit YoY Change Components (Millions of yen) 45,000 40,000 35,000 ＋2,506 33,210 △ 541 △ 531 ＋10,204 ＋482 ＋1 △ 52 30,000 25,000 21,141 20,000 15,000 +12,069 10,000 Previous 日テレTV Nippon La TIP TIPNESS HJ サービス Other その他 Current Nippon Total Anime- 前年同期 period ラベルヴィー HJ アニメ関連会社合計 実績 period
Slide 10: Nippon TV: Financial Results
Nippon TV : Financial Results (Millions of yen) FY2024 FY2025 YoY Change Apr.-Sep. Apr.-Sep. Net Sales 138,680 153,552 14,872 10.7% Operating Profit 11,454 21,658 10,204 89.1% Recurring Profit 13,914 24,791 10,876 78.2% Net Income 12,048 17,220 5,171 42.9% Net Sales Operating Profit Recurring Profit
Slide 11: Nippon TV's Advertising Revenue
Nippon TV’s Advertising Revenue (Millions of Yen) FY2024 FY2025 YoY Change Apr.-Sep. Apr.-Sep. Advertising Revenue 106,879 117,403 10,523 9.8% Time 50,375 49,767 △608 △1.2% Spot 52,971 62,284 9,313 17.6% Digital Ad. 3,532 5,350 1,818 51.5% ＊Digital Ads row added in FY2022, comprised of TVer and the
Slide 12: Nippon TV: Net Sales and Cost of Sales
Nippon TV: Net Sales and Cost of Sales FY2024 FY2025 Net Sales YoY Change Apr.-Sep. Apr.-Sep. Advertising Revenue 106,879 117,403 10,523 9.8% Program Sales 5,313 5,430 117 2.2% Events/Content Business Sales 24,917 29,133 4,216 16.9% Real Estate Business 1,569 1,584 15 1.0% Total 138,680 153,552 14,8
Slide 13: Nippon TV: Production Costs
Nippon TV: Production Costs (Millions of Yen) FY2024 FY2025 Apr.-Sep. Apr.-Sep. YoY Change 43,784 43,046 △738 △1.7% (Millions of Yen) (Ref.) Production Costs(FY) (Millions of Yen) Production Costs 100,000 100,000 90,000 88,421 87,526 89,331 87,715 84,544 90,000 80,000 80,000 70,000 70,000 60,000 60,
Slide 14: Events/Content Business Sales and Balance
Nippon TV: Events/Content Business Sales and Balance (Millions of yen) Sales Balance FY2025 Apr.-Sep. Change FY2025 Apr.-Sep. Change Anime 3,352 15.0% 1,522 28.1% Movie 2,065 △32.1% 1,197 △28.1% Music & Artist Center 1,998 18.1% 277 4,471.0% Events 5,119 165.5% 816 572.1% Retail Business 4,434 21.6%
Slide 15: Group Companies: Net Sales and Operating Profit
Group Companies : Net Sales and Operating Profit FY2025 Apr.-Sep. (Millions of yen) Nippon Television BS Nippon Corp. CS Nippon Corp. VAP Inc. TIPNESS Limited MURAYAMA INC. Music Corp. Net Sales 8,977 1.9% 4,560 △0.3% 5,013 16.6% 3,492 5.1% 13,646 3.8% 10,307 35.6% Operating Profit 1,104 △12.4% △49
Slide 16: CAPEX and Depreciation (consolidated)
CAPEX and Depreciation (consolidated) (Billions of yen) Depreciation and CAPEX amount Amortization FY2025 Apr. – Sep. 5.5 5.8 (Billions of yen) CAPEX amount Depreciation and Amortization 27.6 (Billions of yen) 22.0 20.0 20.0 17.4 16.5 15.9 15.8 14.2 15.7 13.2 14.0 13.7 13.9 13.4 10.9 9.9 10.0 8.0 10
Slide 17: 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 18: Studio Ghibli ①
Studio Ghibli ① ■ Princess Mononoke 4K Digital Remaster officially set for IMAX release Princess Mononoke, a film directed by Hayao Miyazaki and released in 1997, has now been revived, supervised by Studio Ghibli, in stunning 4K digital remaster quality for IMAX screens. This work depicts the clash
Slide 19: Studio Ghibli ②
Studio Ghibli ② ■ Friday Road Show Ghibli Exhibition An exhibition tracing the allure of Studio Ghibli films alongside the history of Friday Road Show. Exhibitions in Tokyo, Toyama, Kyoto, Hiroshima, Akita, Mie, Nagasaki, and Fukushima have concluded. In Akita, Mie, Nagasaki, and Fukushima, the even
Slide 20: Events Business
Events Business Chushingura (The Treasury of Loyal Retainers) Dates & Venue: December 12 (Fri) – 28 (Sun), at MEIJIZA Directed by Yukihiko Tsutsumi, Chushingura—one of the most celebrated period dramas—is now being reimagined as a Reiwa-era adaptation. Takaya Kamikawa will portray Oishi Kuranosuke,
Slide 21: IP Business/Music Business ①
IP Business/Music Business ① Artists Born from Nippon TV Shows Are Soaring! ●HANA has emerged as this year’s standout artist! Their first major-label single, “ROSE,” has surpassed 200 million total number of streams! It is the fastest song by a female artist released this year to reach this mileston
Slide 22: IP Business/Music Business ②
IP Business/Music Business ② The Girls Battle Audition is heating up, and a music event tied to another show is coming soon! ●GIRLS BATTLE AUDITION The goal: To create a girls’ version of Exile Tribe. Harumi Sato, former second leader of E-girls, is producing a brand-new girl group set to debut unde
Slide 23: Movie Business ①
Movie Business ① Mamoru Hosoda’s latest film, Scarlet, earning accolades at international film festivals! The highly anticipated epic—the latest film from director Mamoru Hosoda and Studio Chizu, set for release on November 21—had its world premiere on September 4 at the Venice International Film Fe
Slide 24: Movie Business ②
Movie Business ② About a Place in the Kinki Region surpasses 1.55 billion yen at the box office! This winter, Director Yuichi Fukuda’s latest film, Shinkaishaku Bakumatsuden (The Untold Tale of Bakumatsu) is set for release! About a Place in the Kinki Region—Nippon TV’s first live-action horror adap
Slide 25: Expansion of Anime Business ①
Expansion of Anime Business ① Title Scheduled for January 2026 Frieren: Beyond Journey's End The second season of the anime Frieren: Beyond Journey's End, which captivated audiences around the world ever since its premiere in 2023, finally returns. The original manga serialized in Weekly Shonen Sund
Slide 26: Expansion of Anime Business ②
Expansion of Anime Business ② Titles Starting October 2025 Tougen Anki This will be the second season of the anime Tougen Anki, based on the manga that has surpassed 4.5 million copies in circulation and enjoys great popularity among Generation Z. The classic battle story between the descendants of
Slide 27: Global Business Expansion
Global Business Expansion ●GYOKURO STUDIO, dedicated to global production, has officially launched • Established in June to expand unscripted content globally, Gyokuro Studio has developed two formats for international audiences: Secret Little Assistant and Mega Catch. Pilot episodes have aired in J
Slide 28: Global Content Rollout
Global Content Rollout “Woman”(Japanese version) “Woman’(Arabic-language version) The Arabic adaptation of Woman now airing The drama, Woman has been remade into an Arabic-language version. It premiered on August 17, 2025 on MBC, the largest television network in the Middle East. The drama is airing
Slide 29: Programming 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 30: July 2025 Cour Individual Viewer Ratings
July 2025 Cour Individual Viewer Ratings June 30, 2025 – September 28, 2025 Individual Core Target All Day 3.3 2.2 （6:00 – 24:00） 1st Prime Time 4.7 3.7 （19:00 – 23:00） 2nd Golden Time 5.0 3.9 （19:00 – 22:00） Morning Time 3.5 2.4 （7:00 – 10:00） Platinum Time 2.2 1.6 （23:00 – 25:00） What is “Morning
Slide 31: October 2025 Programming Improvements
October 2025 Programming Improvements 1. Boost the 10 PM prime time slot with programs that promote “Active Viewing.” The new program, The New World After X Seconds will be scheduled at 10 PM on Tuesdays. This content has the potential to build a strong and devoted fanbase, much like Monday Late Nig
Slide 32: FY2025 2nd Half: One-Offs and Sports Broadcasts
FY2025 2nd Half: One-Offs and Sports Broadcasts Festive content continues in the second half of the year! Starting with signature content only Nippon TV can deliver, we will continue to broadcast and stream a wide variety of high-profile programs in the second half of the year, designed to be enjoye
Slide 33: Digital & Streaming
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 34: Streaming Business: TVer (AVOD)
Streaming Business: TVer (AVOD) TVer Highlights ◆ Unique Browsers (UB): July – 27.31M, August – 26.45M, September – 26.52M Catch up views: July – 490M, August – 480M, September – 470M ◆ 2Q, weekly unique browsers (WUB) reached 14.6M！ Nippon TV Initiatives ■ September’s top performer in views and UB
Slide 35: Streaming Business: HJ Holdings (Hulu in Japan)
Streaming Business: HJ Holdings (Hulu in Japan) Millions of yen Net sales Operating profit FY2025 Apr. Sep. 15,900 2,206 Due to the impact of impairment processing in the previous fiscal year, the financial structure has significantly improved. We are currently implementing measures in accordance wi
Slide 36: Strategic Investment Trend
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 37: Impact Investment and IMM
Impact Investment and IMM ■ In October 2025, Nippon TV HD entered into a capital and business alliance with Nature Innovation Group, Inc., the operator of the umbrella-sharing service “i-kasa.” This alliance marks the third impact investment project undertaken by our group. It aims to address social
Slide 38: Investment in the Frontier Innovations Space Fund
Investment in the Frontier Innovations Space Fund ■ In October 2025, Nippon TV invested in “Frontier Innovations Fund I Investment Limited Partners,” a fund specializing in investments in deep-tech startup companies, including those in the space industry. ■ This strategic investment supports the Nip
Slide 39: New Biz: Operating the National PE Program under Commission
New Biz: Operating the National PE Program under Commission Leveraging Nippon TV’s athlete network, built through sports content production, we operate the national physical education program commissioned by the Japan Sports Agency. Through our Dream Coaching business, which connects users with top
Slide 40: Wellness Business
Wellness Business: ■ The first directly operated fitness gym by Nippon TV leverages cutting-edge technology and data science. It is a new generation gym that offers a personalized and sustainable “wellness lifestyle,” perfectly tailored to each individual without stress or excess. ■ The gym approach
Slide 41: Reference Materials
Stock Repurchase and Cross-shareholding Reduction Overview of Forecast and Financial Results Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend Reference Materials
Slide 42: Spot Sales: Industry-classified
Spot Sales : Industry- classified FY2024 Apr.-Sep. Share Change FY2025 Apr.-Sep. Share Change 1 Service 17.0% 7.1% 1 Service 18.4% 27.6% 2 Cosmetics/Toiletries 11.7% 12.0% 2 Cosmetics/Toiletries 12.2% 22.0% 3 Telecom/Game 8.8% △ 2.2% 3 Telecom/Game 8.3% 10.6% 4 Finance 5.6% △ 5.3% 4 Finance 6.3% 31.
Slide 43: Segment Results
Segment Results (Millions of yen） Net Sales Operating Profit FY2024 FY2025 FY2024 FY2025 Change Change Apr.-Sep. Apr.-Sep. Apr.-Sep. Apr.-Sep. Media 201,621 218,916 17,295 20,057 32,437 12,380 Content Business Wellness Business 13,140 13,657 516 △189 △415 △226 Real Estate-Related 5,664 5,743 79 2,18
Slide 44: Movie Lineup For FY2025 ①
Movie Lineup For FY2025 ① Date Title Distributor ★＝Co-organized with Nippon TV ●＝Nippon TV is an investor in the film ★Strawberry Moon ■=Nippon TV is lead organizer Friday SHOCHIKU October 17th Friday ■Sumikkogurashi: The Crispies Asmik Ace October 31st Adventure in Fluffy Land Friday ●Scarlet TOHO
Slide 45: Movie Lineup For FY2025 ②
Movie Lineup For FY2025 ② Date Title Distributor ★＝Co-organized with Nippon TV ★The Untold Tale of End of Shogunate Friday ●＝Nippon TV is an investor in the film TOHO ■=Nippon TV is lead organizer December 19th ■「That Time I Got Reincarnated as a Friday Slime the Movie: Tears of the Azure BNF Februa
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