ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Consumer Services

TV Asahi Holdings Corp.

Business Summary

TV Asahi Holdings Corp. engages in the provision of television (TV) broadcasting services. It operates through the following business segments: TV Broadcasting, Music Publication, and Other Businesses. The TV Broadcasting segment handles the production and transmission of TV programs. The Music Publication segment deals with the management of music copyrights, recording business, and artists. The Other Businesses segment engages in events, Internet business, motion picture investment, and shopping business. The company was founded on November 1, 1957 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue264,557M2,494.46M
Gross Profit71,896M677.89M
Operating income14,414M135.90M
Income before tax18,833M177.57M
Net income12,600M118.80M
EBITDA25,437M239.84M
Diluted EPS122.081.15
Dividends Per Share400.37
Total Assets473,739M4,287.23M
Total liabilities97,631M883.53M
Total equity374,964M3,393.33M
Operating cash flow20,596M194.19M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 295,879M 302,511M 301,744M 293,638M 264,557M
Gross Profit 83,951M 84,823M 81,518M 75,390M 71,896M
Operating income 17,279M 18,634M 16,165M 12,565M 14,414M
Income before tax 23,446M 23,281M 19,552M 31,758M 18,833M
Net income 15,949M 15,849M 12,879M 26,399M 12,600M
EBITDA 27,169M 28,668M 26,797M 23,645M 25,437M
Diluted EPS 148.65 147.84 120.18 248.58 122.08
Dividends Per Share 40 50 50 40 40
Total Assets 426,070M 435,488M 452,000M 447,549M 473,739M
Total liabilities 103,275M 95,326M 98,242M 95,029M 97,631M
Total equity 319,534M 336,998M 349,831M 351,463M 374,964M
Operating cash flow 23,462M 18,149M 20,273M 24,513M 20,596M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 2,732.34M 2,729.44M 2,720.99M 2,700.72M 2,494.46M
Gross Profit 775.26M 765.32M 735.09M 693.39M 677.89M
Operating income 159.56M 168.12M 145.76M 115.56M 135.90M
Income before tax 216.51M 210.05M 176.31M 292.09M 177.57M
Net income 147.28M 142.99M 116.13M 242.80M 118.80M
EBITDA 250.89M 258.66M 241.64M 217.47M 239.84M
Diluted EPS 1.37 1.33 1.08 2.28 1.15
Dividends Per Share 0.36 0.45 0.45 0.36 0.37
Total Assets 3,823.65M 4,094.85M 4,083.66M 4,145.69M 4,287.23M
Total liabilities 926.81M 896.34M 887.58M 880.26M 883.53M
Total equity 2,867.57M 3,168.76M 3,160.60M 3,255.64M 3,393.33M
Operating cash flow 216.66M 163.75M 182.81M 225.45M 194.19M

Valuation Measures

Mar 2021
PER17.04
ROA2.73%
ROE3.46%
Operating margin5.44%
Profit margin4.76%

Key executives

  • Chairman & Chief Executive Officer: Hiroshi Hayakawa
  • President, COO & Representative Director: Shinichi Yoshida
  • Director & Senior Manager-Compliance: Miwako Konishi
  • Director & Vice President: Gengo Sunami
  • Senior MD, Head-Personnel & Accounting Bureaus: Masaya Fujinoki

Shareholders

  • The Asahi Shimbun Co. (24.0%)
  • Toei Co., Ltd. (18.0%)
  • Kosetsu Museum of Art (4.6%)
  • Dai Nippon Printing Pension Fund (3.7%)
  • Kyushu Asahi Broadcasting Co., Ltd. (3.0%)
  • TV Asahi Holdings Corp. (2.5%)
  • Asahi Shimbun Foundation (2.1%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • Recruit Holdings Co., Ltd. (1.4%)
  • Asahi Broadcasting Group Holdings Corp. (1.4%)

Contact Details

Related Companies

  • Tv Asahi Holdings Restricted Stock Compensation Plan
  • TV Asahi Corp. (New)
  • Satellite Channels, Inc. /CS Broadcasting Business/
  • CS One Ten Ltd.
  • Housou Gijutsusha Corp.
  • TV Asahi Music Co. Ltd.
  • Video Pack Nippon Co. Ltd.
  • TV Asahi Data Vision Corp.
  • Asahi Broadcasting Nagano Co. Ltd.
  • Asahi Satellite Broadcasting Ltd.
  • Trust Network Corp.
  • FLEX KK
  • TV Asahi Letter Vision Co., Ltd.
  • TV Asahi Data Co., Ltd.
  • TV Asahi Employee Stock Ownership Plan

Competitors

  • TBS HOLDINGS INC.
  • Fuji Media Holdings, Inc.
  • Nippon Television Holdings, Inc.
  • TV Tokyo Holdings Corporation
  • Asahi Broadcasting Group Holdings Corporation
Last Updated on 22 Oct, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more