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Asahi Broadcasting Revises Financial and Dividend Forecasts Upward

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The latest announcement is out from Asahi Broadcasting Group Holdings Corporation ( (JP:9405) ).

Asahi Broadcasting Group Holdings Corporation has revised its financial and dividend forecasts for the fiscal year ending March 31, 2025, due to an upward trend in TV spot advertising sales and a gain on the sale of investment securities. The company has increased its net sales and profit forecasts, reflecting a positive performance trend, and has also raised its fiscal year-end dividend forecast to 7.00 yen per share, resulting in an annual dividend of 13.00 yen, as part of its strategy to return profits to shareholders while maintaining financial stability.

More about Asahi Broadcasting Group Holdings Corporation

Asahi Broadcasting Group Holdings Corporation operates in the broadcasting and content industry, focusing on television spot advertising sales as a key component of its business. The company is listed on the Tokyo Stock Exchange Prime Market and is committed to maintaining a balance between financial stability and growth through strategic investments.

Average Trading Volume: 106,177

Technical Sentiment Signal: Buy

Current Market Cap: Yen26.78B

For a thorough assessment of 9405 stock, go to TipRanks’ Stock Analysis page.

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