Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
February 9, 2026
Summary of Consolidated Financial Results for the Nine Months Ended December 31, 2025 (Under Japanese GAAP)
Company name: Asahi Broadcasting Group Holdings Corporation Listing: Tokyo Stock Exchange
Securities code: 9405
URL: https://corp.asahi.co.jp/en/
Representative: Masayuki Nishide, President & CEO
Inquiries: Yoko Kumada, Executive Officer and General Manager, Financial Affairs Division Telephone: +81-6(6458)5321
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: Yes Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the nine months ended December 31, 2025 (from April 1, 2025 to December 31, 2025)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Nine months ended
December 31, 2025
December 31, 2024
Millions of yen
72,000
66,872
%
7.7
1.4
Millions of yen
3,595
1,098
%
227.4
-
Millions of yen
3,694
1,302
%
183.6
-
Millions of yen
3,835
1,234
%
210.8
-
Note: Comprehensive income
For the nine months ended December 31, 2025:
¥
4,531 million [
384.8%]
For the nine months ended December 31, 2024:
¥
934 million [
268.9%]
Basic earnings per share
Diluted earnings per share
Nine months ended
Yen
Yen
December 31, 2025
91.84
-
December 31, 2024
29.57
-
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
December 31, 2025
March 31, 2025
Millions of yen
131,577
128,538
Millions of yen
82,434
78,226
%
61.4
59.6
Reference: Equity
As of December 31, 2025:
¥
80,771 million
As of March 31, 2025:
¥
76,564 million
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Fiscal year ended March 31, 2025
-
6.00
-
7.00
13.00
Fiscal year ending March 31, 2026
-
8.00
-
Fiscal year ending March 31, 2026
(Forecast)
10.00
18.00
Note: Revisions to the forecast of cash dividends most recently announced: None
- Consolidated financial result forecasts for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Full year | Millions of yen 92,700 | % 0.8 | Millions of yen 3,600 | % 38.9 | Millions of yen 3,700 | % 47.6 | Millions of yen 4,100 | % 63.8 | Yen 98.15 |
Note: Revisions to the financial result forecast most recently announced: | None | |
* Notes | ||
(1) Significant changes in the scope of consolidation during the period: | None | |
Newly included: - Companies ( Excluded: - Companies ( | ) ) |
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of December 31, 2025
41,833,000 shares
As of March 31, 2025
41,833,000 shares
Number of treasury shares at the end of the period
As of December 31, 2025
43,345 shares
As of March 31, 2025
99,391 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2025 | 41,766,649 shares |
Nine months ended December 31, 2024 | 41,745,425 shares |
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None
Explanation concerning the appropriate use of forecasts and other special instructions (Caution regarding forward-looking statements, etc.)
Results forecasts and other forward-looking statements contained in this report are based on the assumptions, beliefs, and uncertainties in light of information available to the Company's management as of the publication date and do not represent promises by the Company or its management that these performance figures will be attained. Actual results may differ materially from forecasts due to a variety of factors.
Quarterly Consolidated Financial Statements and Primary Notes
Quarterly Consolidated Balance Sheet
(Millions of yen)
As of March 31, 2025 As of December 31, 2025
Assets
Current assets
Cash and deposits 21,879 19,876
Notes and accounts receivable - trade, and contract assets | 16,034 | 17,921 |
Securities | 5,199 | 12,003 |
Inventories | 1,819 | 1,797 |
Income taxes refund receivable | 158 | 89 |
Other | 4,437 | 2,746 |
Allowance for doubtful accounts | (1) | (18) |
Total current assets | 49,526 | 54,416 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 18,706 | 18,745 |
Land | 16,771 | 14,510 |
Other, net | 7,926 | 7,402 |
Total property, plant and equipment | 43,403 | 40,658 |
Intangible assets | ||
Software | 1,264 | 1,012 |
Software in progress | 69 | 37 |
Goodwill | 618 | 549 |
Other | 138 | 131 |
Total intangible assets | 2,091 | 1,731 |
Investments and other assets | ||
Investment securities | 17,354 | 18,504 |
Retirement benefit asset | 5,593 | 5,792 |
Other | 10,549 | 10,460 |
Allowance for doubtful accounts | (14) | (12) |
Total investments and other assets | 33,483 | 34,744 |
Total non-current assets | 78,978 | 77,134 |
Deferred assets | ||
Bond issuance costs | 33 | 26 |
Total deferred assets | 33 | 26 |
Total assets | 128,538 | 131,577 |
(Millions of yen) As of March 31, 2025 As of December 31, 2025
Liabilities
Current liabilities
Short-term borrowings | 50 | 249 |
Current portion of long-term borrowings | 511 | 1,314 |
Accounts payable - other | 10,118 | 8,729 |
Income taxes payable | 292 | 1,605 |
Provisions | 560 | 1,765 |
Other | 8,965 | 7,205 |
Total current liabilities | 20,498 | 20,870 |
Non-current liabilities | ||
Long-term borrowings | 4,658 | 2,628 |
Bonds payable | 10,000 | 10,000 |
Retirement benefit liability | 6,067 | 6,276 |
Asset retirement obligations | 1,438 | 1,501 |
Other | 7,648 | 7,867 |
Total non-current liabilities | 29,813 | 28,273 |
Total liabilities | 50,312 | 49,143 |
Net assets | ||
Shareholders' equity | ||
Share capital | 5,299 | 5,299 |
Capital surplus | 6,026 | 6,032 |
Retained earnings | 55,765 | 59,250 |
Treasury shares | (57) | (24) |
Total shareholders' equity | 67,033 | 70,557 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 3,461 | 4,675 |
Remeasurements of defined benefit plans | 6,069 | 5,539 |
Total accumulated other comprehensive income | 9,531 | 10,214 |
Non-controlling interests | 1,662 | 1,662 |
Total net assets | 78,226 | 82,434 |
Total liabilities and net assets | 128,538 | 131,577 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income For the Nine-Month Period | ||
(Millions of yen) | ||
For the nine months | For the nine months | |
ended December 31, 2024 | ended December 31, 2025 | |
Net sales | 66,872 | 72,000 |
Cost of sales | 45,657 | 47,965 |
Gross profit | 21,214 | 24,034 |
Selling, general and administrative expenses | 20,116 | 20,439 |
Operating profit | 1,098 | 3,595 |
Non-operating income | ||
Interest income | 4 | 42 |
Dividend income | 235 | 230 |
Subsidy income | 13 | - |
Other | 160 | 117 |
Total non-operating income | 414 | 390 |
Non-operating expenses | ||
Interest expenses | 60 | 83 |
Share of loss of entities accounted for using equity method | 77 | 159 |
Loss on disposal of non-current assets | 26 | 8 |
Provision of allowance for doubtful accounts | 4 | - |
Other | 40 | 38 |
Total non-operating expenses | 210 | 291 |
Ordinary profit | 1,302 | 3,694 |
Extraordinary income | ||
Gain on sale of non-current assets | - | 2,435 |
Gain on sale of investment securities | 854 | 394 |
Gain on forgiveness of debts | 22 | - |
Gain on change in equity | - | 46 |
Total extraordinary income | 877 | 2,876 |
Extraordinary losses | ||
Loss on sale of investment securities | - | 41 |
Expenses related to relocation of subsidiaries | - | 525 |
Loss on liquidation of subsidiaries | 120 | - |
Total extraordinary losses | 120 | 567 |
Profit before income taxes | 2,059 | 6,003 |
Income taxes | 877 | 2,155 |
Profit | 1,181 | 3,847 |
Profit (loss) attributable to non-controlling interests | (52) | 11 |
Profit attributable to owners of parent | 1,234 | 3,835 |