Fuji Media Holdings (4676) AI Stock Analysis

• Market Cap: $790.65B
• Dividend Yield: 1.43%
• Average Volume (3M): 762.70K
• Price to Earnings (P/E): 14.5
• Beta (1Y): 0.17
• Revenue Growth: -4.70%
• EPS Growth: -170.75%
• Country: JP
• Employees: 6,787
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 5.19
• Shares Outstanding: 234,194,490
• 10 Day Avg. Volume: 529,390
• 30 Day Avg. Volume: 762,696
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 1.55
• Enterprise Value/Gross Profit: 5.42
• Enterprise Value/Ebitda: 11.66
• 1Y Price Target: $3,505.09
• Price Target Upside: -1.40% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: ¥3,229.00 ▼(-9.17% Downside)

Fuji Media Holdings is facing significant financial challenges with declining profitability and liquidity issues, which are the most impactful factors on its stock score. The technical analysis indicates a bearish trend, further weighing on the stock's outlook. Valuation concerns are highlighted by a negative P/E ratio, although a modest dividend yield provides some support. Overall, the stock is under pressure due to these combined factors.

Fuji Media Holdings Business Overview & Revenue Model

Company Description

Fuji Media Holdings, Inc., through its subsidiaries, engages in the broadcasting activities in Japan. The company operates through Media & Content, Urban Development, Hotels & Resorts, and Other segments. It is involved in television broadcasting, including satellite broadcasting, radio broadcasting, streaming platforms, content production, games, music, advertising, publishing, and direct marketing activities. The company also develops, leases, and manages office buildings; operates commercial facilities and restaurants; sells and leases apartments; and operates hotels and marine leisure facilities. In addition, it engages in IT system architecture and human resources, and overseas business development activities; the provision of market research services on media and lifestyles; and cultivation of new businesses. The company was formerly known as Fuji Television Network, Inc. Fuji Media Holdings, Inc. was incorporated in 1957 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Fuji Media Holdings generates revenue through multiple streams primarily centered around its media and broadcasting operations. The company's television network, Fuji TV, is a significant revenue driver, earning income from advertising sales during its broadcast programs. Advertising remains a core component, with Fuji TV attracting advertisers by delivering a wide audience reach through its popular shows and events. Beyond advertising, the company also earns money from content licensing and distribution, providing its produced shows and films to various platforms and networks domestically and internationally. Additionally, Fuji Media Holdings benefits from its investments in digital media and online streaming services, capitalizing on the growing demand for digital content consumption. The company's diverse operations, including radio broadcasting, film production, and music publishing, also contribute to its overall earnings by creating additional avenues for revenue generation.

Fuji Media Holdings Financial Statement Overview

Summary

Fuji Media Holdings faces considerable financial challenges, with declining revenues and profitability impacting its income statement. The balance sheet shows a stable equity position but declining returns on equity. Cash flow issues are evident with negative free cash flow, highlighting liquidity concerns. The company needs to address its declining profitability and improve cash flow management to strengthen its financial health.

Income Statement

Fuji Media Holdings experienced a negative revenue growth rate and a significant decline in net income, resulting in a negative net profit margin. The EBIT and EBITDA margins are also declining, indicating pressure on operational efficiency. While the company managed to maintain a positive gross profit margin, the overall income statement indicates challenges in profitability.

Balance Sheet

The debt-to-equity ratio is relatively moderate, suggesting manageable leverage. However, the declining ROE reflects reduced profitability against equity. The equity ratio is stable, indicating a solid foundation in equity financing, but the overall balance sheet shows potential risks in declining shareholder returns.

Cash Flow

Operating cash flow remains positive, but free cash flow has turned negative, reflecting challenges in covering capital expenditures. The operating cash flow to net income ratio is distorted by negative net income, indicating cash flow generation issues. Despite positive operating cash flow, the company's cash flow statement reveals potential liquidity stresses.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	550.76B	566.44B	535.64B	525.09B	519.94B
Gross Profit	138.95B	159.74B	158.74B	160.41B	158.39B
EBITDA	22.49B	74.24B	84.08B	54.36B	40.50B
Net Income	-20.13B	37.08B	46.85B	24.88B	10.11B
Balance Sheet
Total Assets	1.44T	1.45T	1.38T	1.34T	1.34T
Cash, Cash Equivalents and Short-Term Investments	198.29B	197.54B	209.71B	196.15B	193.66B
Total Debt	350.89B	321.35B	263.13B	268.40B	274.20B
Total Liabilities	610.27B	579.21B	533.88B	527.20B	551.61B
Stockholders Equity	818.17B	857.92B	837.68B	798.07B	774.01B
Cash Flow
Free Cash Flow	-2.80B	-61.52B	9.81B	13.51B	-1.22B
Operating Cash Flow	58.45B	47.80B	61.78B	53.86B	45.84B
Investing Cash Flow	-37.49B	-106.53B	-32.77B	-46.79B	-26.61B
Financing Cash Flow	2.46B	25.24B	-5.27B	-24.89B	20.39B

Fuji Media Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3555.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4676, the sentiment is Positive. The current price of 3555 is above the 20-day moving average (MA) of 3435.70, above the 50-day MA of 3473.28, and above the 200-day MA of 2784.63, indicating a bullish trend. The MACD of 25.40 indicates Positive momentum. The RSI at 54.08 is Neutral, neither overbought nor oversold. The STOCH value of 15.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:4676.

Fuji Media Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9404	76 Outperform	1.01T	19.80	4.79%	1.01%	9.01%	36.61%
9401	74 Outperform	885.60B	18.28	4.69%	1.24%	2.66%	12.40%
9413	69 Neutral	136.89B	17.60	5.93%	1.60%	6.81%	31.52%
9409	69 Neutral	339.10B	12.13	―	1.50%	4.16%	51.14%
9412	68 Neutral	398.12B	20.18	6.86%	1.92%	0.57%	10.90%
4676	45 Neutral	$790.65B	14.53	-3.16%	1.43%	-4.70%	-170.75%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Fuji Media Holdings Corporate Events

Fuji Media Holdings Faces Financial Challenges Amid Declining Sales

Fuji Media Holdings reported a significant decline in its financial performance for the three months ended June 30, 2025, with net sales dropping by 10.4% and operating profit turning negative. The company has revised its financial forecast for the fiscal year ending March 31, 2026, indicating a challenging year ahead, although it plans to maintain its dividend payouts, signaling a commitment to shareholder returns.

Fuji Media Holdings Revises Earnings Forecast Amid Advertising Revenue Challenges

Fuji Media Holdings has revised its full-year earnings forecast for the fiscal year ending March 2026, citing lower-than-expected recovery in terrestrial TV advertising revenue at Fuji Television Network. Despite the addition of new subsidiaries, the company anticipates a decline in consolidated net sales, operating profit, and ordinary profit due to the underperformance of network affiliates and decreased non-operating income. However, profit attributable to owners of the parent is expected to align with previous forecasts due to gains from strategic shareholdings.

Fuji Media Holdings Reports Decline in Q1 2025 Financial Results

Fuji Media Holdings reported a significant decline in its financial performance for the three months ended June 30, 2025, with net sales dropping by 10.4% and a notable decrease in profits compared to the previous year. The company’s financial forecast for the fiscal year ending March 31, 2026, indicates a slight decrease in net sales and a projected loss in operating profit, reflecting ongoing challenges in the media industry. Despite these setbacks, the company maintained its dividend forecast, signaling a commitment to shareholder returns.

Fuji Media Holdings Completes Treasury Share Disposal for Executive Compensation

Fuji Media Holdings has completed the payment procedures for the disposal of treasury shares as restricted share unit compensation for its directors and executive officers, as well as those of a subsidiary. This move, involving 37,663 shares at a disposal price of 3,018 yen per share, aligns with the company’s strategy to incentivize its leadership, potentially impacting its governance and stakeholder relations positively.

Fuji Media Prepares for Potential Shareholder Meeting Amid Acquisition Concerns

Fuji Media Holdings has set a date of record for voting rights in anticipation of a potential extraordinary general meeting of shareholders. This meeting may be convened to address large-scale acquisition activities by Reno Co., Ltd. and other parties, with the aim of ensuring shareholders have adequate information and time to make informed decisions regarding these activities.

Fuji Media Holdings Establishes Independent Committee to Safeguard Corporate Control

Fuji Media Holdings has established an Independent Committee to oversee the implementation of a new Response Policy aimed at preventing inappropriate parties from gaining control over the company’s financial and business policies. This move is a strategic response to potential large-scale acquisition activities by Reno Co., Ltd. and other parties, ensuring decisions are made objectively and in the best interest of shareholders.

Fuji Media Holdings Responds to Share Acquisition Concerns

Fuji Media Holdings has announced the introduction of a Fundamental Policy on Corporate Control in response to Reno Co., Ltd. and other parties acquiring a significant portion of its shares. The company is concerned that these acquisitions could lead to a substantial influence over its management decisions, potentially impacting its corporate value and shareholder interests. The Board of Directors has resolved to implement a response policy to address these acquisition activities and ensure shareholders have the necessary information to make informed decisions.

Fuji Media Holdings Implements Comprehensive Reforms to Enhance Governance

Fuji Media Holdings and its subsidiary, Fuji Television Network, have initiated significant reforms to address human rights and compliance issues, aiming to prevent future occurrences. The reforms include legal accountability for former executives, structural changes, and increased female representation in leadership roles. These measures are part of a broader strategy to enhance governance and restore stakeholder trust.

Fuji Media Holdings Enhances Governance with New Committee

Fuji Media Holdings has announced the establishment of a Nomination and Remuneration Committee to enhance corporate governance by strengthening the independence and accountability of its board functions. This committee, composed mainly of independent directors, will advise on matters related to the appointment, dismissal, and remuneration of directors and executive officers, aiming to improve transparency and succession planning.

Fuji Media Holdings Announces Treasury Share Disposal for Executive Compensation

Fuji Media Holdings has announced a decision by its Board of Directors to dispose of treasury shares as part of a restricted share unit compensation plan for its directors and executive officers, as well as those of its subsidiary, Fuji Television Network. This initiative aims to align the interests of its leadership with shareholders by offering incentives to enhance corporate value, with a total of 37,663 shares to be allotted under this scheme.

Fuji Media Holdings Releases Key Q&A Document to Enhance Stakeholder Dialogue

Fuji Media Holdings has released a ‘Key Q&A from Meetings’ document, following discussions with shareholders and institutional investors, to clarify main questions and answers from recent meetings. The company aims to maintain open dialogue with stakeholders and enhance corporate value through its Reform Action Plan.

Fuji Media Holdings Reports Decline in Financial Performance for FY 2025

Fuji Media Holdings reported a decline in its financial performance for the fiscal year ended March 31, 2025, with net sales and profits showing significant decreases compared to the previous year. The company experienced a notable drop in operating profit and ordinary profit, and a loss attributable to the owners of the parent. Despite these challenges, the company maintained its dividend payout, indicating a commitment to shareholder returns. The financial results suggest a challenging period for Fuji Media Holdings, potentially impacting its market position and stakeholder confidence.

Fuji Media Holdings Implements Major Reforms to Restore Trust

Fuji Media Holdings and its subsidiary, Fuji Television Network, have initiated significant reforms to address past human rights and compliance issues. These reforms include establishing new governance frameworks, enhancing diversity, and strengthening disciplinary measures. The company aims to regain stakeholder trust by implementing comprehensive measures and reporting progress to the Ministry of Internal Affairs and Communications.

Fuji Media Holdings Strengthens Shareholder Engagement Amid Governance Reforms

Fuji Media Holdings has been actively engaging with its shareholders, particularly after a human rights and compliance incident at its subsidiary, Fuji Television. The company has held over 60 dialogues with a proposing shareholder regarding a shareholder proposal for the upcoming Annual General Meeting, demonstrating its commitment to governance reforms and enhancing corporate value through its Reform Action Plan.

Fuji Media Holdings Proposes Amendments to Articles of Incorporation

Fuji Media Holdings, Inc. has announced its intention to propose partial amendments to its Articles of Incorporation at the upcoming General Meeting of Shareholders. These amendments, set to be effective from June 25, 2025, involve changes in the roles and responsibilities of the Board of Directors, including the removal of the advisor position, which could streamline decision-making processes and potentially impact the company’s governance structure.

Fuji Media Holdings Proposes Stable Dividend Amid Financial Losses

Fuji Media Holdings announced a proposal for dividends of surplus, maintaining a dividend of ¥25 per share despite recording a net loss attributable to owners of the parent due to impairment losses and reversed deferred tax assets. This decision reflects the company’s commitment to stable dividends and shareholder profit redistribution, with an annual dividend totaling ¥50 per share, which will be confirmed at the upcoming shareholders’ meeting.

Fuji Media Holdings Declares Shareholder Proposal Invalid Due to Deadline Miss

Fuji Media Holdings has received a shareholder proposal from Nippon Active Value Fund regarding the election of directors. The proposal included changes to the status of certain director candidates, but due to a missed deadline, the company has deemed the new proposal invalid and will not accept the partial withdrawal of the existing proposal.