TV Asahi Holdings (9409) Q3 2026 earnings summary

Executive summary

• Achieved record-high sales and profits for the nine months ended December 31, 2025, with net sales up 6.9% to ¥254,392 million, operating profit up 76.8% to ¥23,189 million, and profit attributable to owners of parent up 42.2% to ¥27,397 million, driven by strong TV broadcasting and internet businesses.

• Comprehensive income for the period was ¥29,622 million, down 4.6% year-over-year.

• No revision to consolidated earnings forecast, but annual dividend per share revised upward to 70 yen, including a special dividend.

• Announced a new mid-term management plan (2026–2029) targeting significant growth and business transformation, with reportable segments to be revised from FY27/3.

Financial highlights

• Consolidated net sales rose 6.9% year-over-year to ¥254.4 billion for the 3Q cumulative period.

• Operating profit surged 76.8% year-over-year to ¥23.2 billion; ordinary profit up 58.7% to ¥31.2 billion.

• Profit attributable to owners of parent increased 42.2% year-over-year to ¥27.4 billion.

• Gross profit increased from ¥64,905 million to ¥80,226 million year-over-year.

• Basic earnings per share for the nine months was ¥271.74, up from ¥189.54 year-over-year.

Outlook and guidance

• FY26/3 full-year forecast unchanged: net sales ¥336.0 billion (+3.7% YoY), operating profit ¥24.0 billion (+21.8%), ordinary profit ¥32.0 billion (+12.1%), profit attributable to owners of parent ¥28.0 billion (+8.5%).

• Basic earnings per share forecast for the full year is ¥277.90.

• Dividend forecast revised to ¥70.00 per share for the fiscal year ending March 31, 2026, including a special dividend of ¥10.00.

• Dividend payout ratio targeted at 40% (excluding large fluctuations), with stable dividends as a priority.

• Time and spot sales revenue forecasts revised upward: time +1.9%, spot +11.1%.