Consolidated Financial Results for the Three Months Ended June 30, 2025 163KB

Consolidated Financial Results

for the Three Months Ended June 30, 2025 [Japanese GAAP]

July 31, 2025

Company name: TV TOKYO Holdings Corporation Stock exchange listing: Tokyo Stock Exchange Code number: 9413

URL: https://www.txhd.co.jp

Representative: Hiroshi Yoshitsugu, CEO President

Inquiries: Yuichi Takeuchi, General Manager, Finance Division Telephone: +81-3-6635-1771

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.)

1. Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 to June 30, 2025)

   1. Consolidated Operating Results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended June 30, 2025 June 30, 2024	Millions of yen 39,536 35,771	% 10.5 2.4	Millions of yen 3,271 1,142	% 186.3 5.3	Millions of yen 3,448 1,368	% 152.0 (13.1)	Millions of yen 2,341 896	% 161.3 (52.4)

      (Note) Comprehensive income: Three months ended June 30, 2025: ¥ 3,330 million [ -]

      Three months ended June 30, 2024: ¥ 209 million [ (88.8) %]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	87.99	-
      June 30, 2024	33.13	-

   2. Consolidated Financial Position

   	Total assets	Net assets	Equity ratio
   As of June 30, 2025 March 31, 2025	Millions of yen 145,192 147,843	Millions of yen 102,515 101,900	% 70.5 68.8

   (Reference) Equity: As of June 30, 2025: ¥ 102,382 million

   As of March 31, 2025: ¥ 101,703 million

2. Dividends

   	Annual dividends
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Year-end	Total
   Fiscal year ended March 31, 2025 Fiscal year ending March 31, 2026	Yen - -	Yen 15.00	Yen -	Yen 75.00	Yen 90.00
   Fiscal year ending March 31, 2026 (Forecast)		15.00	-	75.00	90.00

   (Note) Revision to the forecast for dividends announced most recently: None

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

(Note) Revision to the financial results forecast announced most recently: Yes

* Notes:

1. Significant changes in the scope of consolidation during the period: None

   Newly included:	- (Company name:	)
   Excluded:	- (Company name:	)

2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None

3. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

4. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 27,579,500 shares

      March 31, 2025: 27,579,500 shares

   2. Total number of treasury shares at the end of the period: June 30, 2025: 1,039,243 shares

      March 31, 2025: 896,743 shares

   3. Average number of shares outstanding during the period:

Three months ended June 30, 2025: 26,609,625 shares

Three months ended June 30, 2024: 27,046,121 shares

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes(voluntary)

• Proper use of financial results forecast and other noets

The forward-looking statements in the report, including financial results forecast, are based on the assumption that the Company determines reasonable in light of information available. Actual performance, etc. may differ materially due to various factors.

Quarterly Consolidated Financial Statements

1. Quarterly Consolidated Balance Sheet

   (Millions of yen)

   As of March 31, 2025

   As of June 30, 2025

   Assets

   Current assets
   Cash and deposits	41,764	40,701
   Notes and accounts receivable - trade	34,728	33,555
   Money held in trust	394	395
   Programs and films	9,089	9,132
   Merchandise	931	908
   Supplies	13	16
   Income taxes refund receivable	17	84
   Other	3,501	2,478
   Allowance for doubtful accounts	(3)	(3)
   Total current assets	90,436	87,269
   Non-current assets
   Property, plant and equipment
   Buildings and structures, net	9,047	8,849
   Machinery, equipment and vehicles, net	7,670	7,275
   Other, net	6,243	6,185
   Total property, plant and equipment	22,961	22,310
   Intangible assets
   Software	6,460	6,357
   Other	16	16
   Total intangible assets	6,476	6,373
   Investments and other assets
   Investment securities	20,661	22,202
   Other	7,309	7,039
   Allowance for doubtful accounts	(2)	(2)
   Total investments and other assets	27,969	29,239
   Total non-current assets	57,407	57,923
   Total assets	147,843	145,192

   (Millions of yen)

   As of March 31, 2025

   As of June 30, 2025

   Liabilities

   Current liabilities

   Notes and accounts payable - trade	5,016	4,312
   Short-term borrowings	5,100	5,100
   Current portion of long-term borrowings	166	176
   Accrued expenses	22,027	21,996
   Provision for bonuses	2,301	878
   Income taxes payable	1,623	577
   Other	6,126	5,301
   Total current liabilities	42,362	38,343
   Non-current liabilities
   Long-term borrowings	381	425
   Provision for retirement benefits for directors (and other officers)	39	18
   Retirement benefit liability	1,612	1,581
   Other	1,547	2,307
   Total non-current liabilities	3,580	4,333
   Total liabilities	45,943	42,677
   Net assets
   Shareholders' equity
   Share capital	10,000	10,000
   Capital surplus	18,342	18,215
   Retained earnings	71,022	71,362
   Treasury shares	(2,736)	(3,258)
   Total shareholders' equity	96,628	96,319
   Accumulated other comprehensive income
   Valuation difference on available-for-sale securities	4,983	5,983
   Foreign currency translation adjustment	98	84
   Remeasurements of defined benefit plans	(7)	(5)
   Total accumulated other comprehensive income	5,074	6,063
   Non-controlling interests	196	133
   Total net assets	101,900	102,515
   Total liabilities and net assets	147,843	145,192

2. Quarterly Consolidated Statements of Income and Comprehensive Income

Quarterly Consolidated Statement of Income (For the three months)

For the three months ended June 30, 2024

(Millions of yen)

For the three months ended June 30, 2025

Net sales 35,771 39,536

Cost of sales 25,132 26,218

Gross profit 10,638 13,317

Selling, general and administrative expenses

Personnel expenses 2,377 2,442

Provision for bonuses 332 281

Provision for bonuses for directors (and other officers) 5 0

Provision for retirement benefits for directors (and other officers)

5

6

Retirement benefit expenses 121 114

Agent fees 4,094 4,384

Rent expenses 533 586

Depreciation 170 324

Other 1,855 1,904

Total selling, general and administrative expenses 9,495 10,045

Operating profit 1,142 3,271

Non-operating income

Interest income 1 14

Dividend income 117 124

Foreign exchange gains 6 1

Share of profit of entities accounted for using equity method

66 27

Rental income 13 11

Other 38 32

Total non-operating income 243 212

Non-operating expenses

Interest expenses 8 14

Consumption tax difference 0 8

Other 8 12

Total non-operating expenses 17 35

Ordinary profit 1,368 3,448

Extraordinary income

Gain on sale of investment securities 2 -

Total extraordinary income 2 -Extraordinary losses

Loss on retirement of non-current assets 0 -

Total extraordinary losses 0 -

Profit before income taxes 1,371 3,448

Income taxes - current 96 458

Income taxes - deferred 381 647

Total income taxes 478 1,106

Profit 892 2,342

Profit (loss) attributable to non-controlling interests (3) 1

Profit attributable to owners of parent 896 2,341

Quarterly Consolidated Statement of Comprehensive Income (For the three months)

For the three months

(Millions of yen) For the three months

Comprehensive income attributable to owners of parent

212 3,329

Comprehensive income attributable to non-controlling interests

(3)

1