Nippon Television HoldingsNippon Television Holdings, Inc.9404東証プライム情報・通信業FY ending Mar 2026, consolidated, J-GAAP

Nippon Television Holdings FY ending Mar 2026 results

About 93% of Nippon Television Holdings's sales come from Content Media Business, with Wellness Business and Real Estate Related Business making up much of the rest.

Out of every ¥100 of sales, about ¥14 is left as operating profit.

Revenue changed +4.9% from the prior year, operating profit +26.2%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +4.9% · profit +26.2%, calculated from disclosed figures.

Operating leverage: 5.39× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +4.9%¥461.9B → ¥484.4B
Gross profit: +11.0%¥163B → ¥180.9B
Operating income: +26.2%¥54.9B → ¥69.3B
Net income attributable to owners: +23.4%¥46B → ¥56.8B
Operating cash flow: +26.9%¥47.9B → ¥60.8B
Free cash flow: +37.1%¥37B → ¥50.7B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥484.4B, up +4.9% from ¥461.9B.
Profit grew much faster: operating income rose +26.2% to ¥69.3B, and net income attributable to owners rose +23.4% to ¥56.8B.
Operating cash flow climbed +26.9% to ¥60.8B, and free cash flow reached ¥50.7B, up +37.1%.

What drove the change

Spot TV ad sales grew as advertisers spent more and Nippon TV won a large share among Tokyo's key stations
Video ads on TVer, the broadcasters' joint streaming service, sold well and lifted digital ad revenue
More commissioned drama production and strong live events, such as the My Neighbor Totoro stage show, raised content and event income

Things to watch

A sharp drop in terrestrial TV ratings, driven by a shrinking population and more ways to watch, could cut TV ad revenue sharply
Rising prices for sports broadcast rights like the Olympics and for streaming licenses are squeezing profitability
The wellness business is slow to win back members and slipped to an operating loss this year

Annual Securities Report (93rd term) / Management's analysis of financial position, results and cash flows · Annual Securities Report (93rd term) / Business risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Nippon Television Holdings sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥63
SG&A: ¥23
Operating profit: ¥14
Net profit kept: ¥12

Annual margin trends

Gross margin37.3%

Operating margin14.3%

Net margin11.7%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Content Media Business¥452.7B
93%
Op. margin 14.8%Industry: Broadcasting & Newspapers
Wellness Business¥27.2B
6%
Op. margin -0.3%Industry: Sporting Goods & Fitness
Real Estate Related Business¥4.56B
1%
Op. margin 90.7%Industry: Real Estate Development & Leasing

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第93期(2025/04/01－2026/03/31)
ID S100Y9BG2026-06-23Open
EDINET (FSA Japan)
有価証券報告書－第92期(2024/04/01－2025/03/31)
ID S100VZ6F2025-06-26Open
EDINET (FSA Japan)
有価証券報告書－第91期(2023/04/01－2024/03/31)
ID S100TN0Y2024-06-28Open
EDINET (FSA Japan)
有価証券報告書－第90期(2022/04/01－2023/03/31)
ID S100R5V42023-06-30Open
EDINET (FSA Japan)
有価証券報告書－第89期(令和3年4月1日－令和4年3月31日)
ID S100OG712022-06-30Open
EDINET (FSA Japan)
有価証券報告書－第88期(令和2年4月1日－令和3年3月31日)
ID S100LTQ52021-06-30Open

Extracted from XBRL: 53 / Derived from other figures: 1

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