Asahi Broadcasting Group Holdings Corporation
Q2 Financial Results Briefing for the Fiscal Year Ending March 2026 November 19, 2025
Presentation Moderator: We will now begin the briefing on the financial results of Asahi Broadcasting Group Holdings Corporation for H1 of the fiscal year ending March 31, 2026.I would like to introduce today's three speakers: Masayuki Nishide, President & CEO of Asahi Broadcasting Group Holdings Corporation; Toshiaki Imamura, Vice President of the Company and Representative Director and President of Asahi Television Broadcasting Corporation; and Yoko Kumada, Executive Officer in charge of accounting, finance, and IR.
Here you see today's agenda. First, we will explain the key points of the financial results, followed by the consolidated financial results and segment information, as well as the financial results of Asahi Television Broadcasting. And finally, we would like to explain the Group's growth strategies.
Nishide: I am Masayuki Nishide, President of Asahi Broadcasting Group Holdings. Thank you very much for taking time out of your busy schedule today. We would like to thank you all for your continued support of our company.
Nishide: I will begin with an overview of the points of the financial results for the H1 results and the revision of the full-year earnings forecast.
In H1 of the fiscal year, the Company achieved a significant increase in both sales and profit on a consolidated basis. In particular, the broadcasting business performed well, driving the Group's earnings significantly. In the content business, we received numerous orders for events due to the Expo 2025 Osaka, Kansai, Japan, which also contributed to our business performance. This achievement not only contributed to earnings but also demonstrated the solid possibility of expanding our business through co-creation of social events and local content, utilizing the Group's strength in content creation rooted in the local community.
Final profit increased significantly due to a gain on sales of non-current assets. And based on the strong H1 performance, we have revised our full-year forecast upward. In addition, the interim and year-end dividend forecasts have been raised by JPY2 each to JPY18 per share for the full year.
Details will be reported later by the Executive Officer in charge of accounting and IR and the President of Asahi Television Broadcasting.
Moderator: Ms. Kumada, the Executive Officer in charge of accounting, finance, and IR, will explain the performance of the entire Group. Kumada: I am Kumada in charge of accounting, finance, and IR. Thank you very much.
Consolidated net sales and profit increased significantly in H1. Net sales totaled JPY46,687 million, up JPY5,029 million or 12.1%, from the same period last year. Operating profit improved significantly by JPY2.44 billion, turning from a loss in the previous year to a profit of JPY1.28 billion. Profit attributable to owners of parent was JPY2,402 million as a result of recording a gain on sales of non-current assets as an extraordinary gain, a significant turnaround from the previous year when the Company was in the red.
By segment, as you can see, the broadcasting and content businesses posted large increases in both net sales and operating profit, while the lifestyle business also posted increases in both net sales and operating profit.
Net sales in the broadcasting and content businesses were JPY39,881 million. Compared to the same period of the previous year, the amount increased by JPY4.683 billion, or 13.3%. Of this amount, broadcasting revenue increased by JPY1,673 million, or 6.5%, to JPY27,356 million, and content revenue increased by JPY2,975 million, or 31.4%, to JPY12,461 million. Operating profit totaled JPY1,219 million, up JPY2,078 million from the same period last year.
Net sales in the lifestyle business increased JPY346 million, or 5.4%, to JPY6,805 million. Net sales in the housing business increased JPY557 million, or 13.3%, to JPY4,763 million due to the effect of increased sales from newly consolidated companies. Sales in the at-home shopping business decreased by JPY218 million. Operating profit totaled JPY79 million, an increase of JPY71 million from the same period last year.
Here is the yearly trend by segment. Compared to the past three years, net sales in the broadcasting business increased significantly in H1 as a whole. The main factor was from the mainstay TV broadcasting business. Details will be explained by Mr. Imamura, President of Asahi Television Broadcasting, later in this meeting.
Net sales in the content business also grew significantly in Q2 compared to the past three years. Contributing factors included the receipt of orders for event planning and management at the Expo 2025 Osaka, Kansai, Japan and strong video streaming.
Net sales in the lifestyle business remained steady due to the effect of the new consolidation.
As you can see, operating profit grew substantially in the broadcasting and content businesses in Q2.
I would like to explain our forecast for the full year. The full-year forecast has been revised upward, reflecting the strong performance of the broadcasting and content businesses through H1 of the fiscal year. We forecast net sales of JPY92.7 billion, operating profit of JPY3.6 billion, ordinary profit of JPY3.7 billion, and profit attributable to owners of parent of JPY4.1 billion.