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Consumer Services

TV Asahi Holdings Corp.

Business Summary

TV Asahi Holdings Corp. engages in the provision of television broadcasting services. It operates through the following business segments: Television (TV) Broadcasting, Music Publication, and Other Businesses. The Television Broadcasting segment handles the production and transmission of television programs aired on the Group's network. The Music Publication segment includes administration of copyrights for music compositions, manages artists and scouts for new talents in coordination with television programs. The Other Businesses engages in event management business, sales and publication of videos and digital versatile discs (DVD), sales of broadcasting equipment, motion picture investment business, shopping business, and content distribution to digital devices. The company was founded on November 1, 1957 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue293,638M2,700.72M
Gross Profit75,390M693.39M
Operating income12,565M115.56M
Income before tax31,758M292.09M
Net income26,399M242.80M
EBITDA23,645M217.47M
Diluted EPS248.582.28
Dividends Per Share400.36
Total Assets447,549M4,145.69M
Total liabilities95,029M880.26M
Total equity351,463M3,255.64M
Operating cash flow24,513M225.45M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 280,779M 295,879M 302,511M 301,744M 293,638M
Gross Profit 81,153M 83,951M 84,823M 81,518M 75,390M
Operating income 16,570M 17,279M 18,634M 16,165M 12,565M
Income before tax 19,350M 23,446M 23,281M 19,552M 31,758M
Net income 12,169M 15,949M 15,849M 12,879M 26,399M
EBITDA 27,275M 27,169M 28,668M 26,797M 23,645M
Diluted EPS 112.38 148.65 147.84 120.18 248.58
Dividends Per Share 40 40 50 50 40
Total Assets 402,251M 426,070M 435,488M 452,000M 447,549M
Total liabilities 93,334M 103,275M 95,326M 98,242M 95,029M
Total equity 303,857M 319,534M 336,998M 349,831M 351,463M
Operating cash flow 13,022M 23,462M 18,149M 20,273M 24,513M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 2,338.18M 2,732.34M 2,729.44M 2,720.99M 2,700.72M
Gross Profit 675.80M 775.26M 765.32M 735.09M 693.39M
Operating income 137.98M 159.56M 168.12M 145.76M 115.56M
Income before tax 161.13M 216.51M 210.05M 176.31M 292.09M
Net income 101.33M 147.28M 142.99M 116.13M 242.80M
EBITDA 227.13M 250.89M 258.66M 241.64M 217.47M
Diluted EPS 0.93 1.37 1.33 1.08 2.28
Dividends Per Share 0.33 0.36 0.45 0.45 0.36
Total Assets 3,578.90M 3,823.65M 4,094.85M 4,083.66M 4,145.69M
Total liabilities 830.41M 926.81M 896.34M 887.58M 880.26M
Total equity 2,703.47M 2,867.57M 3,168.76M 3,160.60M 3,255.64M
Operating cash flow 108.44M 216.66M 163.75M 182.81M 225.45M

Valuation Measures

Mar 2020
PER6.56
ROA5.86%
ROE7.52%
Operating margin4.27%
Profit margin8.99%

Key executives

  • Chairman & Chief Executive Officer: Hiroshi Hayakawa
  • President & Representative Director: Shinichi Yoshida
  • Director, Manager-Accounting & Head-Compliance: Keizo Kayama
  • Senior Managing Director & Head-Network Strategy: Toru Takeda
  • Senior Managing Director & Head-Personnel Bureau: Masaya Fujinoki

Shareholders

  • The Asahi Shimbun Co. (24.5%)
  • Toei Co., Ltd. (15.3%)
  • Kosetsu Museum of Art (4.6%)
  • Dai Nippon Printing Pension Fund (3.7%)
  • Kyushu Asahi Broadcasting Co., Ltd. (3.0%)
  • Asahi Shimbun Foundation (2.1%)
  • Recruit Holdings Co., Ltd. (1.9%)
  • Asahi Broadcasting Group Holdings Corp. (1.4%)
  • Nomura Asset Management Co., Ltd. (1.3%)
  • Dentsu Group, Inc. (1.3%)

Contact Details

Related Companies

  • Tv Asahi Holdings Restricted Stock Compensation Plan
  • TV Asahi America, Inc.
  • TV Asahi Corp. (New)
  • Satellite Channels, Inc. /CS Broadcasting Business/
  • Housou Gijutsusha Corp.
  • Television Asahi Best KK
  • TV Asahi Music Co. Ltd.
  • Video Pack Nippon Co. Ltd.
  • TV Asahi Data Vision Corp.
  • TV Asahi Living KK
  • Asahi Broadcasting Nagano Co. Ltd.
  • Asahi Satellite Broadcasting Ltd.
  • TV Asahi Create Corp.
  • TV Asahi Service Co., Ltd.
  • Trust Network Corp.
  • JAPAN CABLE TELEVISION Ltd.
  • FLEX KK
  • Shin-ei Animation Co., Ltd.
  • TV Asahi Letter Vision Co., Ltd.
  • TV Asahi Data Co., Ltd.
  • TV Asahi Employee Stock Ownership Plan

Competitors

  • Tokyo Broadcasting System Holdings, Inc.
  • Fuji Media Holdings, Inc.
  • Nippon Television Holdings, Inc.
  • TV Tokyo Holdings Corporation
  • Asahi Broadcasting Group Holdings Corporation
Last Updated on 7 Aug, 2020

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