KK Televi Asahi Holdings

Latest Results (11.01.2025):

Revenue Growth

KK Televi Asahi Holdings reported consolidated net sales of ¥153,835 million for the six months ended September 30, 2024, reflecting a 4.8% increase compared to the same period in the previous year. This growth is attributed to strong performance in the TV Broadcasting Business, driven by higher viewer ratings and increased ad placements in the Tokyo area.

Operating Income Surge

The company achieved a significant rise in operating income, reaching ¥6,047 million, which marks a 39.5% increase year-on-year. This improvement is largely due to effective cost management, including lower retirement benefit costs, which contributed to enhanced profitability.

Profitability Improvement

KK Televi Asahi Holdings saw its ordinary income grow by 22.0% to ¥10,542 million, while profit attributable to owners of the parent increased by 16.4% to ¥7,699 million. These results underscore the company's successful strategies in optimizing its operations and capitalizing on market opportunities.

Dividend Announcement

The company declared a dividend of ¥20.00 per share for the second quarter, maintaining the same level as the previous year. However, the total dividend for the fiscal year ending March 31, 2025, is forecasted to be ¥50.00 per share, down from ¥60.00 in the previous fiscal year, which included a commemorative dividend.

Positive Outlook

Looking ahead, KK Televi Asahi Holdings has revised its full-year forecast upwards, anticipating net sales of ¥312,000 million and operating income of ¥16,000 million. The company expects continued growth in its TV Broadcasting Business, supported by favorable market conditions and efficient cost management.