(Japanese GAAP)
Stock listing: Tokyo Stock Exchange (Prime Market) Code number: 9404 URL: https://www.ntvhd.co.jp/english/
Representative: Yoshikuni Sugiyama, Representative Director, Chairman and Chief Executive Officer Information contact: Masaharu Sato, President, Financial Management Division
Tel: +81-3-6215-4111
Schedule dates: Dividends payout: －
Supplementary materials to financial results available: Yes Result meeting held: None
July 31, 2025-
Results for the 1st Quarter FY2025 (From April 1, 2025 to June 30, 2025)
-
Consolidated operating results (Figures less than 1 million yen have been omitted.)
Net sales
(% change from the previous year)
Operating profit
(% change from the previous year)
Recurring profit
(% change from the previous year)
Millions of yen
%
Millions of yen
%
Millions of yen
%
1st Qtr FY 2025
114,649
8.1
17,475
52.8
21,826
60.6
1st Qtr FY 2024
106,087
8.2
11,438
10.6
13,586
2.9
(Note) Comprehensive income: 1st Qtr FY2025 ¥ 36,797 million (△5.5%) 1st Qtr FY2024 ¥ 38,923 million (31.4%)
Net income attributable to owners of the parent
(% change from the previous year)
Net income per share
Diluted income per share
Millions of yen
%
yen
yen
1st Qtr FY 2025
14,788
37.5
59.19
59.12
1st Qtr FY 2024
10,757
27.4
42.85
42.80
- Consolidated financial position
Total assets
Net assets
Shareholders'
equity ratio
1st Qtr FY 2025 FY 2024
Millions of yen
1,246,959
1,232,117
Millions of yen
1,015,794
990,992
%
78.9
77.9
(For reference) Equity capital: 1st Qtr FY 2025 ¥ 983,407 million FY 2024 ¥ 959,683 million
-
Consolidated operating results (Figures less than 1 million yen have been omitted.)
-
Cash Dividends
Dividends per share
1Q
2Q
3Q
Year-end
Annual
FY 2024
FY 2025
yen
-
-
yen
10.00
yen
-
yen
30.00
yen
40.00
Forecast for FY 2025
10.00
-
30.00
40.00
(Note) Revisions of cash dividends forecast: None
-
Forecast for FY 2025 (From April 1, 2025 to March 31, 2026)
Net sales
Operating profit
Recurring profit
FY2025
Millions of yen %
466,000 0.9
Millions of yen %
55,000 0.2
Millions of yen %
64,000 △2.6
Net income attributable to owners of the parent
Net income per share
FY2025
Millions of yen %
47,000 2.2
yen
187.73
(Note) Revisions in consolidated forecasts: None
-
Explanatory Notes
Changes in significant subsidiaries during the period (Reclassification due to change in scope of consolidation):
None
Application of accounting methods specific to preparation of the quarterly consolidated financial statements: Yes
Change in the accounting policies, accounting estimates and restatements.
① Changes in accounting policies due to amendment of accounting standards: None
② Change in accounting policies other than ① : None
③ Changes in accounting estimate: None
④ Restatement: None
1st Qtr FY 2025
263,822,080 shares
FY2024
263,822,080 shares
1st Qtr FY 2025
14,080,755 shares
FY2024
13,460,660 shares
1st Qtr FY 2025
249,854,688 shares
1st Qtr FY 2024
251,067,761 shares
Issued shares (Common stock)
-
Explanatory Notes
① Issued shares at the end of period (Including treasury stock)
② Treasury stock at the end of period
③ Average shares
(Note) The number of treasury stock at the end of the period includes shares of the Company held by Trust-type Employee Shareholding Incentive Plan (1,156,900 shares as of 1st Qtr FY2025 and 1,269,400 shares as of FY2024). In addition, the shares of the Company owned by Trust-type Employee Shareholding Incentive Plan are included in the number of treasury stock deducted in the calculation of average number of shares outstanding during the period (1,227,450 shares as of 1st Qtr FY2025 and 1,672,650 shares as of 1st Qtr FY2024).
＊This flash report is outside the scope of audit by certified public accountants or an audit firm.
Quarterly Consolidated Financial Statements Quarterly Consolidated Balance Sheet
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Assets
Current assets
Cash and deposits 93,293 84,136
Notes and accounts receivable - trade, and contract assets | 118,418 | 111,174 |
Securities | 106,010 | 102,996 |
Inventories | 5,162 | 5,909 |
Program rights | 7,135 | 6,969 |
Other | 22,205 | 21,671 |
Allowance for doubtful accounts | (412) | (409) |
Total current assets | 351,813 | 332,448 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures, net | 59,225 | 59,185 |
Machinery, equipment and vehicles, net | 7,560 | 7,099 |
Tools, furniture and fixtures, net | 2,859 | 3,100 |
Land | 179,742 | 179,837 |
Leased assets, net | 1,228 | 1,195 |
Construction in progress | 2,912 | 2,852 |
Total property, plant and equipment | 253,529 | 253,270 |
Intangible assets | ||
Goodwill | 9,863 | 9,654 |
Other | 19,180 | 19,069 |
Total intangible assets | 29,043 | 28,723 |
Investments and other assets | ||
Investment securities | 567,732 | 602,499 |
Long-term loans receivable | 2,688 | 2,471 |
Deferred tax assets | 4,218 | 4,257 |
Other | 24,000 | 23,479 |
Allowance for doubtful accounts | (908) | (192) |
Total investments and other assets | 597,731 | 632,516 |
Total non-current assets | 880,304 | 914,511 |
Total assets | 1,232,117 | 1,246,959 |
(Millions of yen)
As of March 31, 2025
As of June 30, 2025
Liabilities
Current liabilities
Accounts payable - trade | 14,418 | 12,382 |
Short-term borrowings | 2,399 | 2,308 |
Accounts payable - other | 7,632 | 7,042 |
Accrued expenses | 60,950 | 53,460 |
Income taxes payable | 15,650 | 6,673 |
Other | 17,547 | 17,775 |
Total current liabilities | 118,599 | 99,643 |
Non-current liabilities | ||
Long-term borrowings | 1,424 | 1,424 |
Lease liabilities | 5,620 | 5,357 |
Deferred tax liabilities | 71,218 | 80,594 |
Retirement benefit liability | 14,356 | 13,969 |
Long-term guarantee deposits | 21,357 | 21,357 |
Other | 8,549 | 8,817 |
Total non-current liabilities | 122,526 | 131,520 |
Total liabilities | 241,125 | 231,164 |
Net assets | ||
Shareholders' equity | ||
Share capital | 18,600 | 18,600 |
Capital surplus | 35,266 | 35,266 |
Retained earnings | 766,525 | 772,856 |
Treasury shares | (19,041) | (22,419) |
Total shareholders' equity | 801,350 | 804,303 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 157,886 | 178,681 |
Deferred gains or losses on hedges | 8 | 8 |
Foreign currency translation adjustment | 438 | 413 |
Total accumulated other comprehensive income | 158,332 | 179,103 |
Non-controlling interests | 31,309 | 32,387 |
Total net assets | 990,992 | 1,015,794 |
Total liabilities and net assets | 1,232,117 | 1,246,959 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income For the three months ended June 30, 2025
For the three months ended June 30, 2024
(Millions of yen)
For the three months ended June 30, 2025
Net sales 106,087 114,649
Cost of sales 70,059 71,338
Gross profit 36,028 43,311
Selling, general and administrative expenses 24,589 25,835
Operating profit 11,438 17,475
Non-operating income
Interest income 534 575
Dividend income 1,040 1,114
Share of profit of entities accounted for using equity method
308
2,662
Foreign exchange gains 101 -
Gain on investments in investment partnerships 188 158
Other 272 161
Total non-operating income 2,444 4,672 Non-operating expenses
Interest expenses 68 55
Foreign exchange losses - 89
Loss on investments in investment partnerships 118 153
Other 109 24
Total non-operating expenses 297 322
Ordinary profit 13,586 21,826
Extraordinary income
Gain on sale of investment securities 4,340 -
Gain on change in equity 183 591
Other 0 -
Total extraordinary income 4,524 591
Extraordinary losses
Loss on sale of non-current assets 4 1
Loss on retirement of non-current assets 27 228
Loss on valuation of investment securities 87 -
Loss on liquidation of subsidiaries and associates 98 -
Other 4 1
Total extraordinary losses 222 231
Profit before income taxes 17,887 22,186
Income taxes 6,170 6,159
Profit 11,717 16,026
Profit attributable to non-controlling interests 960 1,238
Profit attributable to owners of parent 10,757 14,788