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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 2019 JPYUSD
Revenue301,744M2,720.99M
Gross Profit81,518M735.09M
Operating income16,165M145.76M
Income before tax19,552M176.31M
Net income12,879M116.13M
EBITDA26,797M241.64M
Diluted EPS120.181.08
Dividends Per Share500.45
Total Assets452,000M4,083.66M
Total liabilities98,242M887.58M
Total equity349,831M3,160.60M
Operating cash flow20,273M182.81M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 276,473M 280,779M 295,879M 302,511M 301,744M
Gross Profit 79,774M 81,153M 83,951M 84,823M 81,518M
Operating income 15,138M 16,570M 17,279M 18,634M 16,165M
Income before tax 17,512M 19,350M 23,446M 23,281M 19,552M
Net income 10,994M 12,169M 15,949M 15,849M 12,879M
EBITDA 25,181M 27,275M 27,169M 28,668M 26,797M
Diluted EPS 101.46 112.38 148.65 147.84 120.18
Dividends Per Share 30 40 40 50 50
Total Assets 397,062M 402,251M 426,070M 435,488M 452,000M
Total liabilities 87,831M 93,334M 103,275M 95,326M 98,242M
Total equity 304,452M 303,857M 319,534M 336,998M 349,831M
Operating cash flow 21,296M 13,022M 23,462M 18,149M 20,273M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,516.67M 2,338.18M 2,732.34M 2,729.44M 2,720.99M
Gross Profit 726.16M 675.80M 775.26M 765.32M 735.09M
Operating income 137.79M 137.98M 159.56M 168.12M 145.76M
Income before tax 159.40M 161.13M 216.51M 210.05M 176.31M
Net income 100.07M 101.33M 147.28M 142.99M 116.13M
EBITDA 229.21M 227.13M 250.89M 258.66M 241.64M
Diluted EPS 0.92 0.93 1.37 1.33 1.08
Dividends Per Share 0.27 0.33 0.36 0.45 0.45
Total Assets 3,310.91M 3,578.90M 3,823.65M 4,094.85M 4,083.66M
Total liabilities 732.38M 830.41M 926.81M 896.34M 887.58M
Total equity 2,538.68M 2,703.47M 2,867.57M 3,168.76M 3,160.60M
Operating cash flow 193.85M 108.44M 216.66M 163.75M 182.81M

Valuation Measures

Mar 2019
PER16.15
ROA2.90%
ROE3.75%
Operating margin5.35%
Profit margin4.26%

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. (15.2%)
  • 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%)
  • Dentsu, Inc. (1.3%)
  • Dentsu Pension Fund (1.1%)

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 15 Oct, 2019

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