TV Asahi Posts Record 3Q Earnings and Raises Dividend Forecast

TV Asahi Holdings ( (JP:9409) ) has issued an update.

TV Asahi Holdings reported record-high consolidated sales and profits for the cumulative third quarter of the fiscal year ending March 31, 2026, driven by strong performance in its TV broadcasting and internet businesses. Higher viewer ratings lifted time and spot advertising revenue in broadcasting, while digital ad income from the free catch-up service TVer and content sales to TELASA and other platforms also increased.

In contrast, the shopping business saw lower sales and profits due to weaker TV shopping demand, and other businesses posted higher sales but lower profit as a decline in large-scale music events was offset by increased motion picture investment and music royalty revenue, alongside higher production costs. The company left its full-year consolidated earnings forecast unchanged but modestly adjusted its time and spot ad revenue outlook and raised its annual dividend forecast to 70 yen per share, including a 10 yen special dividend, signaling confidence in its profitability and shareholder returns.

The most recent analyst rating on (JP:9409) stock is a Hold with a Yen3909.00 price target. To see the full list of analyst forecasts on TV Asahi Holdings stock, see the JP:9409 Stock Forecast page.

More about TV Asahi Holdings

TV Asahi Holdings is a Japanese media and entertainment company centered on television broadcasting. Its core operations span TV broadcasting, internet-based video distribution and advertising, shopping-related programming, and other content businesses such as special events, motion picture production, and music publishing, targeting domestic audiences and digital streaming platforms.

Average Trading Volume: 224,343

Technical Sentiment Signal: Buy

Current Market Cap: Yen362.4B

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