Asahi Broadcasting Group Holdings Corporation
9405・Prime Market・Information & Communication
Asahi Broadcasting Group Holdings Corporation
9405・Prime Market・Information & Communication
Broadcasting & Content Business
Core group segment centered on television and radio broadcasting, with expansion into content businesses such as animation and events
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥82,150 million | ¥78,529 million | ↑ |
| Operating profit | ¥4,560 million | ¥2,824 million | ↑ |
| Segment assets | ¥68,498 million | ¥70,716 million | ↓ |
| Depreciation and amortization | ¥2,745 million | ¥2,818 million | ↓ |
| Increase in property, plant and equipment and intangible assets (capital expenditures) | ¥2,376 million | ¥2,190 million | ↑ |
Business Details
Centered on the Television Broadcasting Business operated by Asahi Broadcasting Television, Asahi Broadcasting Radio, and Sky A (CS broadcasting), this segment also plans, produces, and sells animation, video streaming, events, and program content. Main customers are advertisers (via advertising agencies such as Dentsu and Hakuhodo DY Media Partners). As the group's core segment, it accounts for approximately 85.6% of consolidated net sales, and the segment is pursuing revenue diversification through the creation of original IP and expansion across diverse platforms.
Recent Overview
Achieved higher revenue and profit driven by increased spot revenue, Expo-related revenue, and content revenue
In the Broadcasting & Content Business for FY2026 (ending March 2026), net sales were ¥82,150 million (up ¥3,621 million, +4.6% year on year), and operating profit was ¥4,560 million (up ¥1,736 million, +61.5% year on year), representing a significant increase in profit. The main factors were increases in television spot revenue and local time revenue, increased revenue related to the Osaka-Kansai Expo, and increased content revenue. On the other hand, network time revenue decreased. During the current period, an impairment loss of ¥143 million was recorded in the Broadcasting & Content Business. The unamortized balance of goodwill was ¥385 million (¥618 million in the prior period).
Key Products
Growth Drivers
- Increase in television spot revenue and local time revenue (gradual recovery of the advertising market)
- Increase in revenue related to the Osaka-Kansai Expo
- Expansion of content revenue from animation, video streaming, events, etc.
- Improved advertising competitiveness following Asahi Broadcasting Television's achievement of the top position in all three key individual audience rating categories for two consecutive years
- Acquisition of new viewer and listener segments through expanded distribution on TVer and radiko
- Strengthening of animation overseas expansion and ancillary businesses through the Chinese local subsidiary
Risks
- Declining trend in network time revenue (structural changes in key station collaboration revenue)
- Intensifying competition among content providers due to the spread of video streaming services
- Downside risk to the advertising market from geopolitical risks such as U.S. trade policy and Middle East tensions
- Risk of advertisers curbing ad spending due to fluctuations in financial and capital markets
- Revenue concentration in Dentsu and Hakuhodo DY Media Partners (top two accounts for approximately 37% of net sales)
- Occurrence of impairment losses in the Broadcasting & Content Business (¥143 million in the current period)
Last updated: June 22, 2026