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Asahi Broadcasting Group Holdings Corporation ( (JP:9405) ) has provided an announcement.
Asahi Broadcasting Group Holdings has raised its full-year forecast for the fiscal year ended March 31, 2026, citing stronger-than-expected broadcasting revenue driven by robust viewer ratings and expanded secondary use and streaming of its content. Net sales, operating profit, ordinary profit, and profit attributable to owners of the parent are all projected to exceed earlier estimates, with profits significantly higher than the previous fiscal year, underscoring momentum in both its core media operations and its steadily performing events business.
Alongside the earnings upgrade, the company increased its forecast for the year-end dividend to ¥25 per share, lifting the total annual dividend to ¥33. Management reiterated that shareholder returns are a key priority and outlined a policy of targeting a 30% dividend payout ratio based on profit attributable to owners, with an eye toward achieving a stable 40% payout ratio over the medium to long term while balancing financial strength and growth investment.
More about Asahi Broadcasting Group Holdings Corporation
Asahi Broadcasting Group Holdings Corporation is a Japanese certified broadcasting holding company listed on the Tokyo Stock Exchange Prime Market under code 9405. The group focuses on broadcasting and content businesses, including TV and streaming, and also operates an events business that leverages major attractions such as Expo 2025 Osaka, Kansai, Japan.
Average Trading Volume: 126,001
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.18B
For an in-depth examination of 9405 stock, go to TipRanks’ Overview page.