Nippon Television Holdings, Inc. · TSE:9404
Nippon Television — Q3 FY2025 Earnings Presentation
47 slides from Nippon Television's earnings presentation, Feb 5, 2026
Slide 1: FY2025 3Q (Apr. - Dec.) Financial Results
FY2025 3Q (Apr. - Dec.) 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 thi
Slide 2: FY 2025 3Q Consolidated Financial Performance
FY 2025 3Q Consolidated Financial Performance Higher Sales and Profit Business performance reached record highs across sales, operating profit, recurring profit, and quarterly net income. Both Nippon TV’s spot and digital advertising sales generated substantial revenue growth. Event-related op
Slide 3: Contents
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 4: Stock Repurchase and Cross-shareholding Reduction
Stock Repurchase and Cross-shareholding Reduction Stock repurchase Total number of shares acquired： 2,601,900 shares Total acquired amount：9,999,767,084 yen Acquisition period：From November 7, 2025, to December 17, 2025 ※All acquired shares were cancelled Reduction of cross-shareholdings Divid
Slide 5: Cash Allocation Policy under the Medium-Term Management Plan
Cash Allocation Policy under the Medium-Term Management Plan HD: Consolidated Group Content New 5 Biz & Reference Nippon TV 5 Results Companies Strategy others Materials
Slide 6: Financial Results and Forecast
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend and AI-related Initiatives Reference Materials
Slide 7: Nippon TV HD: Consolidated Financial Results
Nippon TV HD: Consolidated Financial Results (Millions of Yen) FY2024 FY2025 YoY Change (%) Apr. - Dec. Apr. - Dec. Net Sales 333,613 358,740 25,127 7.5% Operating Profit 37,424 54,202 16,777 44.8% Recurring Profit 42,935 63,760 20,824 48.5% Net Income attributable to owners of the parent 29,521 46,
Slide 8: Net Sales YoY Change Components
Net Sales YoY Change Components (Millions of Yen) 370,000 ＋799 ＋1,079 ＋1,091 ＋688 358,740 ＋3,618 ＋607 ＋4,702 △ 380 350,000 ＋12,923 333,613 330,000 310,000 Dividend distribution starts for foreign shareholders not listed on the shareholder registry 290,000 270,000 +25,127 250,000 Previous Nippon TV N
Slide 9: Operating Profit YoY Change Components
Operating Profit YoY Change Components (Millions of Yen) 70,000 65,000 60,000 ＋3,560 ＋62 ＋54,202 55,000 △ 745 ＋1,319 ＋161 ＋11,768 ＋653 50,000 Dividend distribution starts for foreign shareholders not listed on the shareholder registry 45,000 40,000 ＋37,424 35,000 +16,777 30,000 Previous Nippon TV MU
Slide 10: Nippon TV: Financial Results
Nippon TV：Financial Results (Millions of Yen) FY2024 FY2025 YoY Change(%) Apr. - Dec. Apr. - Dec. Net Sales 215,393 233,324 17,931 8.3% Operating Profit 23,477 35,245 11,768 50.1% Recurring Profit 27,501 40,207 12,705 46.2% Net Income 23,215 31,912 8,696 37.5% Dividend distribution starts for foreig
Slide 11: Nippon TV: Advertising Revenue
Nippon TV：Advertising Revenue (Millions of Yen) FY2024 FY2025 YoY Change(%) Apr. - Dec. Apr. - Dec. Advertising Revenue 167,610 180,534 12,924 7.7% Time 76,599 76,394 △205 △0.3% Spot 84,598 95,321 10,722 12.7% Digital Ad. 6,411 8,818 2,406 37.5% FY2025 Advertising Revenue YoY Dividend distribution s
Slide 12: Nippon TV: Net Sales and Cost of Sales
Nippon TV：Net Sales and Cost of Sales (Millions of Yen) Net Sales FY2024 Apr. - Dec. FY2025 Apr. - Dec. YoY Change(%) Advertising Revenue 167,610 180,534 12,924 7.7% Program Sales 7,993 8,281 288 3.6% Events/Content Business Sales 37,428 42,130 4,702 12.6% Real Estate Business 2,362 2,378 15 0.7% To
Slide 13: Nippon TV: Production Costs
Nippon TV：Production Costs (Millions of Yen) FY2024 FY2025 YoY Change (%) Apr. - Dec. Apr. - Dec. 64,762 64,284 △478 △0.7% Apr. - Dec. Production Costs (Millions of Yen) (Ref.) Production Costs (FY) (Millions of Yen) 100,000 88,421 87,526 89,331 87,715 100,000 84,544 80,000 80,000 Dividend distribut
Slide 14: Nippon TV: Events/Content Business Sales and Balance
Nippon TV: Events/Content Business Sales and Balance (Millions of Yen) Sales Balance FY2025 FY2025 Change (%) Change (%) Apr. - Dec. Apr. - Dec. Anime 4,397 2.2% 2,009 25.4% Movie 3,136 △20.0% 1,061 △41.4% Music & Artist Center 3,272 △9.1% 555 45.7% Events 6,968 126.5% 1,224 304.3% Retail Business 7
Slide 15: Group Companies: Net Sales and Operating Profit
Group Companies: Net Sales and Operating Profit FY2025 Apr. - Dec. (Millions of Yen) Nippon Television BS Nippon Corp. CS Nippon Corp. VAP Inc. TIPNESS Limited MURAYAMA INC. Music Corp. Net Sales 13,488 1.9% 6,553 △1.3% 7,743 12.8% 4,979 2.4% 20,658 4.0% 16,750 27.6% Operating 2,167 2.6% 93 △55.6% 1
Slide 16: CAPEX and Depreciation (consolidated)
CAPEX and Depreciation (consolidated) (Billions of yen) Depreciation and CAPEX amount Amortization FY2025 Apr. - Dec. 8.3 8.8 (Billions of yen) Depreciation and Amortization CAPEX amount (Billions of yen) 30.0 30.0 27.6 22.0 20.0 20.0 15.9 17.4 15.7 16.5 14.2 15.8 13.2 14.0 13.7 13.4 13.9 10.9 9.9 1
Slide 17: Consolidated Forecast and Dividend Forecast
Consolidated Forecast and Dividend Forecast *Unchanged from previous forecast Forecast for FY2025 (Millions of Yen) As of May 8th As of November 6th 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 attrib
Slide 18: Contents Strategy
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 19: Studio Ghibli ①
Studio Ghibli ① Studio Ghibli’s PONYO Exhibition to Be Held in the U.S. The Academy Museum of Motion Pictures will present Studio Ghibli’s PONYO, an exhibition showcasing the film’s traditional hand-drawn animation techniques. In addition to hand- drawn materials and posters—some appearing in North
Slide 20: Studio Ghibli ②
Studio Ghibli ② At the Shizuoka Venue Friday Road Show Ghibli Exhibition At the Oita Venue An exhibition tracing the allure of Studio Ghibli films alongside the history of the TV program, Friday Road Show. After touring nine domestic venues and setting new attendance records in Akita, Mie, Nagasaki,
Slide 21: Events Business ①
Events Business ① Masterpieces of the Renaissance from the Musée du Louvre Nippon TV and the Louvre Museum have maintained a long-term partnership, presenting large-scale exhibitions since 2005 and attracting a total of 5.5 million visitors across six exhibitions to date. This new exhibition, themed
Slide 22: Events Business ②
Events Business ② Pokémon UNITE Asia Champions League 2026 (PUACL2026) Group Stage: November 23, 2025 – February 8, 2026 *online Playoffs: February 15, 2026 *online Finals: March 28 – March 29, 2026, Venue: Yokohama BUNTAI An official international tournament for Pokémon UNITE, the team strategy bat
Slide 23: IP Business/Music Business ①
IP Business/Music Business ① [HANA] ●「HANA」 Top runners taking Japan by storm since their debut 新人にして日本中を席巻するトップランナー！ Breaking the record for the most 100-million-stream hits by a Japanese 「1億回再生」国内女性グループ史上最多記録を更新！ female group 2025年デビュー以来、HANA1はBillboard Japanチャートで 2億回再生を記録した『ROSE』『Blue Since Jeans
Slide 24: IP Business/Music Business ②
IP Business/Music Business ② The Evolving Star-Creating Platform Turning hit content from a “phenomenon” into “a system” An all-directional star-pipeline orchestrated by a television network From 2025, Nippon TV will fully launch its in-house label operations. Beyond auditions, we will independently
Slide 25: IP Business/Music Business ③
IP Business/Music Business ③ ● Expanding the Live Entertainment Business From broadcasting to the dominant force in “experiences” One of Japan’s largest live entertainment platform strategies, redefining television network norms The lineup of large-scale events—launching every week over a three-mont
Slide 26: Movie Business
Movie Business The theatrical films of the smash-hit anime, That Time I Got Reincarnated as a Slime: Tears of the Azure Sea and Detective Conan: Fallen Angel of the Highway, will be released in February and April respectively. The latest installment in the Kingdom series—now totaling 24.5 billion ye
Slide 27: Expansion of Anime Business ①
Expansion of Anime Business ① Titles Starting January 2026 Frieren: Beyond Journey's End The second season of the anime, based on a manga with over 35 million copies in circulation. The first season, which premiered with its debut episode on Friday Road Show in September 2023, was acclaimed both in
Slide 28: Expansion of Anime Business ②
Expansion of Anime Business ② Nippon TV’s Friday Anime Night will expand to a one-hour block, airing two shows starting in April. Since launching in October 2023, Friday Anime Night has presented a variety of anime titles to viewers. Starting in April, the block will expand to one hour. The lineup w
Slide 29: Global Business Expansion
Global Business Expansion NBC Sports to Deploy Nippon TV’s viztrick AiDi Nippon TV’s proprietary AI solution, viztrick AiDi, is a system that uses AI to analyze video and audio content in real time. With the rise of smartphones and growing demand for vertical (9:16) viewing experiences in sports bro
Slide 30: Global Content Rollout
Global Content Rollout ANTS Nippon TV Variety Show Wins Rose d’Or Award In December 2025, Nippon TV’s variety show ANTS won the Comedy Entertainment prize at the Rose d’Or Awards—one of Europe’s most prestigious television honors. The judges praised it as “an original idea with broad family appeal –
Slide 31: Programming Strategy
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 32: 2025 Individual Viewer Ratings
2025 Individual Viewer Ratings December 30, 2024 -December 28,2025 Individual Core Target All Day 3.4 2.2 (6:00 – 24:00) 1st Prime Time 4.8 3.7 (19:00 – 23:00) Golden Time 5.2 4.0 2nd (19:00 – 22:00) Morning Time 3.6 2.5 (7:00 – 10:00) Platinum Time 2.2 1.6 (23:00 – 25:00) What is “Morning Time”? To
Slide 33: 2026 Programming Strategy
2026 Programming Strategy Theme: “Creating must-view shows for you and your community.” We deliver “Novelty,” “Passion,” and “Parent-and-Child Family time”—broadcasting content that brings people together. Our aim is to increase the number of fans of our content—and of Nippon TV. Large-Scale One-Off
Slide 34: 2026 Programming Strategy
2026 Programming Strategy Large-Scale Sports Events World Baseball Classic (WBC) 2026 Nippon TV will leverage our expertise in baseball broadcasting to promote WBC 2026. Nippon TV will produce the live broadcasts of POOL C first-round matches at Tokyo Dome, as well as the quarterfinals, semifinals,
Slide 35: 2026 Programming Strategy
2026 Programming Strategy Highly Anticipated Drama Series Our Hakone Ekiden Jun Ikeido’s Our Hakone Ekiden—a passionate coming-of-age ensemble story about former underdogs—will be adapted into a TV drama. Ikeido, who spent more than a decade writing about this beloved New Year sports tradition, has
Slide 36: Digital & Streaming
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 37: Streaming Business: TVer (AVOD)
Streaming Business: TVer (AVOD) TVer Highlights ◆ Unique Browsers (UB): October – 27.31M, November – 29.75M, December – 33.81M Catch-up Views: October – 540M, November – 580M, December – 650M ※Record-high monthly views Nippon TV Initiatives Catch-up streaming in November-December exceeded 100M month
Slide 38: Streaming Business: TVer (AVOD)
Streaming Business: TVer (AVOD) Nippon TV Initiatives Sports ・High School Soccer (Regional Finals, National Tournament, etc.) Achieved record highs in both Total Views and Unique Browsers (UB) ※Total Views: 15M, UB: 2.15M (Previous year: 13M / 2.06M) ※As a joint project involving 47 partner companie
Slide 39: Streaming Business: HJ Holdings (Hulu in Japan)
Streaming Business: HJ Holdings (Hulu in Japan) (Millions of Yen) Net Sales Operating Profit FY2025 3Q (Apr.- Dec.) 24,080 3,165 Saturday Drama The Right to Judge Becomes a Major Hit ・The Nippon TV Saturday drama The Right to Judge, aired in the October season, ranked No. 1 for all episodes in Hulu’
Slide 40: Strategic Investment Trend & AI-related Initiatives
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 41: KANAMEL (AOI Pro./TREE Digital Studio)
KANAMEL (AOI Pro./TREE Digital Studio) AI Drama TOKYO Miko Ninja As the first content collaboration following our capital and business alliance with KANAMEL, we produced an AI-live-action hybrid drama that blends live-action footage with generative AI visuals. It aired on Nippon TV and was released
Slide 42: AI Use in Program Production—ZIP!: Mito Breaks It Down!
AI Use in Program Production—ZIP!: “?Mito Breaks It Down!” Structuring Intellectual Assets with AI Agents to Establish Competitive Advantage [Objective] Optimizing human Capital: AI replaces routine tasks, enabling creators to focus on high-value creative work. Example of workflow reform in the prog
Slide 43: Reference Materials
Stock Repurchase and Cross-shareholding Reduction Financial Results and Forecast Contents Strategy Programming Strategy Digital & Streaming Strategic Investment Trend & AI-related Initiatives Reference Materials
Slide 44: Spot Sales: Industry-classified
Spot Sales : Industry- classified FY2024 FY2025 share Change (%) share Change (%) Apr. - Dec. Apr. - Dec. 1 Service 16.5% 10.2% 1 Service 18.0% 22.7% 2 Cosmetics/Toiletries 12.1% 16.8% 2 Cosmetics/Toiletries 11.8% 10.1% 3 Telecom/Game 8.4% △ 13.7% 3 Telecom/Game 9.2% 24.2% 4 Finance 5.6% △ 1.0% 4 Fi
Slide 45: Segment Results
Segment Results (Millions of Yen) Net Sales Operating Profit FY2024 FY2025 FY2024 FY2025 Change Change Apr. - Dec. Apr. - Dec. Apr. - Dec. Apr. - Dec. Content and Media 310,605 335,106 24,501 35,439 52,604 17,165 Business Wellness Business 19,858 20,693 835 0 △177 △177 Real Estate-Related 8,487 8,57
Slide 46: Movie Lineup For 2026 ①
Movie Lineup For 2026 ① ★＝Co-organized with Nippon TV Date Title Distributor ●＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Friday ■ That Time I Got Reincarnated as a Slime the Movie: BNF February 27th Tears of the Azure Sea Friday ■ Detective Conan: TOHO April 10th Fallen Ange
Slide 47: Movie Lineup For 2026 ②
Movie Lineup For 2026 ② ★＝Co-organized with Nippon TV ●＝Nippon TV is an investor in the film ■=Nippon TV is lead organizer Date Title Distributor Summer ● KINGDOM 5 (Working Title) TOHO Friday ★ SUKIYAKI (working title) TOHO December 25th HD: Consolidated Group Contents New 47 Biz & Reference Nippon
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