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Fuji Media Holdings
(4676)
Fuji Media Holdings (4676) vs. iShares MSCI Japan ETF (EWJ)
Fuji Media Holdings Business Overview & Revenue Model
Fuji Media Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 537.29B | 550.76B | 566.44B | 535.64B | 525.09B | 519.94B |
| Gross Profit | 115.11B | 138.95B | 159.74B | 158.74B | 160.41B | 158.39B |
| EBITDA | -9.02B | 22.49B | 74.24B | 84.08B | 54.36B | 40.50B |
| Net Income | -26.30B | -20.13B | 37.08B | 46.85B | 24.88B | 10.11B |
Balance Sheet | ||||||
| Total Assets | 1.44T | 1.44T | 1.45T | 1.38T | 1.34T | 1.34T |
| Cash, Cash Equivalents and Short-Term Investments | 196.08B | 198.29B | 197.54B | 209.71B | 196.15B | 193.66B |
| Total Debt | 376.76B | 350.89B | 321.35B | 263.13B | 268.40B | 274.20B |
| Total Liabilities | 622.38B | 610.27B | 579.21B | 533.88B | 527.20B | 551.61B |
| Stockholders Equity | 806.71B | 818.17B | 857.92B | 837.68B | 798.07B | 774.01B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -2.80B | -61.52B | 9.81B | 13.51B | -1.22B |
| Operating Cash Flow | 0.00 | 58.45B | 47.80B | 61.78B | 53.86B | 45.84B |
| Investing Cash Flow | 0.00 | -37.49B | -106.53B | -32.77B | -46.79B | -26.61B |
| Financing Cash Flow | 0.00 | 2.46B | 25.24B | -5.27B | -24.89B | 20.39B |
Fuji Media Holdings Technical Analysis
Fuji Media Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €637.84B | 30.15 | 7.53% | 1.67% | 0.97% | 12.23% | |
70 Outperform | ¥986.70B | 17.36 | 5.45% | 1.30% | 4.55% | -7.49% | |
69 Neutral | ¥947.56B | 16.65 | 5.67% | 1.03% | 7.90% | 54.01% | |
69 Neutral | ¥125.53B | 13.17 | ― | 1.71% | 7.01% | 72.94% | |
64 Neutral | ¥363.46B | 11.06 | 7.18% | 1.79% | 6.63% | 80.44% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
45 Neutral | ¥873.16B | -41.53 | -1.72% | 1.40% | -6.29% | -141.32% |
Fuji Media Holdings Corporate Events
Fuji Media Holdings announced that activist investor Aya Nomura has withdrawn her Statement of Intent for large-scale acquisition of the company’s shares, along with a related amendment request, following the company’s decision to pursue the introduction of outside capital into its Urban Development, Hotels & Resort business and to consider off-balance-sheet treatment, including the possibility of a full sale of the business. With the large-scale acquisition proposal now dropped, the company will terminate its previously triggered response procedures, including the Board of Directors’ evaluation period, and has indicated it plans to withdraw its anti-takeover response policy ahead of schedule if it confirms that all shares held by Reno Co., Ltd., Ms. Nomura, S-GRANT. CO., LTD., and Citi Index First Co., Ltd. have been sold, signaling a possible easing of shareholder tensions and a shift toward capital structure reforms and real estate portfolio reconfiguration.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has decided to begin considering the introduction of outside capital into its Urban Development, Hotels & Resort Business, a segment that has grown sharply since The Sankei Building became a wholly owned subsidiary in 2012 and later joined forces with GRANVISTA Hotels & Resorts. The business has expanded through projects such as the INTERGATE brand hotels, new hotel formats with overseas brands, logistics facilities, data centers, and the 2024 opening of Kobe Suma Sea World and its adjacent hotel, driving net sales and operating income up roughly 3.5-fold and 4.5-fold, respectively, since fiscal 2013. The move to explore external funding is positioned within the company’s broader Reform Action Plan, which targets higher ROE by 2030–2033 and seeks to balance high-growth investment in the core Media & Content operations with more capital-efficient growth in the real estate and hospitality segment, potentially reshaping the capital structure, funding strategy and long-term growth profile of this non-core but increasingly significant business line.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has terminated its previous share buyback program, under which it had repurchased about 3.86 million shares for roughly ¥14.0 billion out of an approved ceiling of 20 million shares and ¥50 billion, and has adopted a new, larger share repurchase framework. Aligned with its multi-year Reform Action Plan, the company plans a substantial additional buyback aimed at acquiring up to approximately ¥235 billion of its own shares, including shares held by major shareholders Reno Co., Ltd. and related parties, in order to accelerate capital optimization, reduce shareholder equity by a cumulative ¥250 billion by fiscal 2029, and achieve a return on equity of at least 5% in fiscal 2030. Management cites recovering broadcasting revenues at Fuji Television, improved profit outlook, and planned introduction of outside capital into its Urban Development, Hotels & Resort business as factors that bolster its financial flexibility and enable more aggressive shareholder returns, including dividends and buybacks, while mitigating market liquidity and price impacts and offering an exit opportunity to large shareholders.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has overhauled its shareholder return policy, deciding to substantially increase dividends alongside its previously announced large-scale share repurchase program of up to ¥250 billion by fiscal 2029. Citing a steady recovery in advertising revenue, improved business performance, plans to keep shareholders’ equity at a level that supports higher ROE, and the expected financial flexibility from bringing in outside capital to its Urban Development, Hotels & Resort Business, the company has set a significantly higher annual dividend of ¥200 per share for the fiscal years ending March 2027 and March 2028, and raised its dividend forecast for the year ending March 2026 from ¥50 to ¥125 per share, including a revised year-end dividend of ¥100. This marks a shift toward more aggressive capital returns and signals management’s confidence in earnings visibility and balance sheet strength, with clear implications for enhanced cash returns to shareholders over the next three years.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has revised upward its full-year earnings forecast for the fiscal year ending March 2026, projecting consolidated net sales of ¥552.7 billion and profit attributable to owners of parent of ¥22.5 billion, both above its November guidance and marking a sharp earnings recovery from the prior year’s loss. The revision reflects a rebound in terrestrial TV advertising revenue at Fuji Television Network after an earlier incident-driven slump, solid performance from other media and content subsidiaries, and stronger-than-expected results in the Urban Development, Hotels & Resorts business, where robust property and condominium sales and high hotel occupancy supported by inbound demand are exceeding initial expectations, improving the company’s near-term earnings outlook and operational momentum.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings reported a sharp deterioration in profitability for the nine months ended December 31, 2025, with net sales down 5.1% year on year to ¥392.4 billion and operating and ordinary results swinging into losses, even as profit attributable to owners of parent edged up slightly to ¥24.5 billion due in part to below‑the‑line factors and a reduced share count that lifted earnings per share to ¥118.08. The company’s equity ratio slipped to 54.6% from 56.8%, but its balance sheet remains solid, and management has revised both its full‑year earnings and dividend forecasts, now projecting a full‑year net loss at the operating and ordinary profit levels while still planning to double the annual dividend to ¥100 per share and raise the total payout to ¥125, signaling a continued emphasis on shareholder returns despite earnings pressure.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has disclosed the latest status of its ongoing share repurchase program authorized by its board in November 2025. During the period from January 1 to January 31, 2026, the company bought back 1,232,000 shares of its common stock on the Tokyo Stock Exchange for a total of approximately ¥4.81 billion. Under the broader repurchase authorization—capped at 20 million shares and ¥50 billion and running through November 10, 2026—the company has so far acquired 3,737,700 shares for about ¥13.57 billion, signaling continued execution of capital return measures that may support shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3974.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has received a new response from Reno Co., Ltd. and affiliated parties concerning their proposed large-scale acquisition of the company’s shares, following earlier submissions of a statement of intent and an amended version by investor Aya Nomura. The would-be acquirers have asked the company to publicly clarify its stance on three strategic issues—how it positions and plans to treat its real estate business, its views on choosing between a spin-off or complete sale, and its roadmap to achieving an 8% return on equity—before they submit full answers to the company’s revised information request. Fuji Media Holdings, which has implemented a response policy on large-scale acquisitions and is pursuing a Reform Action Plan, says it is examining these long‑standing shareholder questions and will promptly disclose any information deemed suitable, urging shareholders to closely monitor forthcoming disclosures as the situation around potential changes in corporate control continues to evolve.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen4074.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has revised and re-delivered to investor Aya Nomura an information list related to her proposed large-scale acquisition of the company’s shares, reflecting amendments she submitted to her original statement of intent in late December 2025. The list outlines detailed information the company deems necessary for its board and for shareholders to properly evaluate the proposed acquisition under its existing corporate control policy, and the company reserves the right to request further data if current disclosures are judged insufficient; it also urges shareholders to closely monitor forthcoming disclosures as the situation develops.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has delivered a revised information list to investor Aya Nomura in connection with her proposed large-scale acquisition of the company’s shares, updating the information requirements to reflect amendments she submitted to her original statement of intent. The company, acting under its previously announced policy for responding to large-scale acquisition attempts led by Reno Co., Ltd. and related parties, said it may seek additional details from Nomura if the information provided is deemed insufficient for shareholders and the board to properly evaluate the bid, and urged shareholders to closely monitor forthcoming disclosures.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has been executing a share repurchase program authorized by its board on November 10, 2025, under which it is allowed to buy back up to 20 million shares, or 9.5% of its outstanding stock (excluding treasury shares), for a maximum of ¥50 billion through November 10, 2026. Between December 1 and December 23, 2025, the company repurchased 1,260,900 shares on the Tokyo Stock Exchange for approximately ¥4.46 billion, bringing the cumulative total under this mandate to 2,505,700 shares for about ¥8.76 billion, signaling an ongoing capital allocation effort that may support shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has disclosed that investor Aya Nomura and related parties have amended their previously filed intention regarding a large-scale acquisition of the company’s shares, shifting from a possible mix of on- and off-market purchases to a clearly defined tender offer. Under the revised plan, the acquirers, who already hold more than 42 million shares, now aim to buy up to around 25 million additional shares at a fixed tender offer price of ¥4,000 per share over a 30-business-day offer period, targeting a maximum voting rights stake of 33.3%, subject to prior regulatory clearance under Japan’s foreign exchange law and the company’s existing anti-takeover response policy. The move adds transparency on pricing and structure for existing shareholders, while underscoring the ongoing contest over Fuji Media’s future direction, including pressure around the potential spin-off or sale of its real estate business and changes to shareholder return policies.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings’ board has set January 18, 2026, as the record date to determine which shareholders will be eligible to vote at a potential extraordinary general meeting, dubbed the Shareholders’ Will Confirmation Meeting, even though no formal decision has yet been made to convene it. The move comes as the company evaluates a large-scale share acquisition proposal submitted by investor Aya Nomura under its existing anti-takeover response policies, and prepares for the possibility of asking shareholders to vote on whether to trigger countermeasures against such an acquisition or any similar bid that might proceed with or without complying with those policies, underscoring heightened corporate control tensions and the company’s emphasis on formally gauging shareholder sentiment.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has disclosed that it has delivered an information request list to investor Aya Nomura in connection with her proposed large-scale acquisition of the company’s shares, following an earlier receipt of her formal statement of intent. Acting under its previously introduced corporate control policy designed to address large-scale share acquisitions by Reno Co., Ltd. and related parties, the board is seeking detailed information it deems necessary for shareholders and directors to properly assess the bid, and may seek additional disclosures if initial responses are deemed insufficient, urging shareholders to closely monitor forthcoming company announcements.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has received a Statement of Intent from Aya Nomura for a large-scale acquisition of the company’s shares. The acquisition aims to increase the acquirers’ voting rights to a maximum of 33.3%, with conditions set on the acquisition process and potential countermeasures. The company’s board plans to evaluate the acquisition terms and advises shareholders to stay informed about future disclosures.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings, Inc. announced the status of its recent stock repurchase, which was conducted in accordance with the Companies Act of Japan. The company repurchased 1,244,800 shares at a total cost of JPY 4,302,851,400, as part of a larger plan to repurchase up to 20,000,000 shares by November 2026. This move is likely aimed at enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings reported a decrease in net sales and operating profit for the six months ended September 30, 2025, compared to the previous year. Despite the decline in sales, the company experienced a significant increase in profit attributable to owners of the parent, indicating a potential shift in financial strategy or cost management. The forecast for the fiscal year ending March 31, 2026, anticipates a slight decrease in net sales but an overall profit increase, suggesting a focus on improving profitability.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has updated its ‘Reform Action Plan’ to specify timelines and profit targets for achieving an ROE of 8% by fiscal year 2033. The plan includes enhancing profitability in its Media & Content segment and reorganizing its Urban Development, Hotels & Resorts segment for capital efficiency. The company plans significant growth investments and share buybacks, aiming to improve shareholder returns and set a foundation for future growth.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has announced a stock repurchase plan as part of its ‘Reform Action Plan’ to improve capital efficiency and enhance corporate and shareholder value. The company plans to buy back up to 20 million shares, representing 9.50% of its outstanding shares, with a maximum purchase price of JPY 50 billion, through market purchases on the Tokyo Stock Exchange over the next year.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings has revised its full-year earnings forecast for the fiscal year ending March 2026, citing a recovery in terrestrial TV advertising revenue and improved profitability through cost control measures. Despite an initial operating loss due to a decline in advertising revenue, the company now expects its consolidated operating profit, ordinary profit, and profit attributable to owners of the parent to exceed previous forecasts, indicating a positive outlook for stakeholders.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.
Fuji Media Holdings reported its consolidated financial results for the six months ended September 30, 2025, showing a decline in net sales by 7.2% compared to the previous year. Despite a decrease in operating and ordinary profits, the company saw an increase in profit attributable to owners of the parent by 35.8%, reflecting a strategic focus on profitability amidst challenging market conditions.
The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.