Nippon Television Holdings (9404) AI Stock Analysis

• Market Cap: $992.53B
• Dividend Yield: 1.02%
• Average Volume (3M): 360.86K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 0.75
• Revenue Growth: 9.01%
• EPS Growth: 36.61%
• Country: JP
• Employees: 5,486
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 59.19
• Shares Outstanding: 263,822,080
• 10 Day Avg. Volume: 410,570
• 30 Day Avg. Volume: 360,856
• PEG Ratio: 0.48
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 1.66
• P/FCF Ratio: 19.39
• Enterprise Value/Market Cap: 0.70
• Enterprise Value/Revenue: 1.47
• Enterprise Value/Gross Profit: 4.05
• Enterprise Value/Ebitda: 8.35
• 1Y Price Target: $3,948.86
• Price Target Upside: 5.53% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: ¥3,928.00 ▲(4.97% Upside)

Nippon Television Holdings exhibits a robust financial performance, with strong profitability and a solid balance sheet. The technical analysis indicates a bullish trend, although the stock may be overbought. Valuation metrics suggest moderate pricing, with a relatively low dividend yield.

Nippon Television Holdings Business Overview & Revenue Model

Company Description

Nippon Television Holdings, Inc. operates as a media and content company in Japan. The company engages in the production of broadcasting programs; digital broadcasting; technical production related to studios, live broadcasting, master technology, EJ news gathering, editing, postproduction, etc.; and programming, content production, closed captioning, library, etc. It is also involved in sporting and various NTV events; the management of NTV school; art design, and lighting and sound effects; design of sets, flip charts, and TV graphics; production of pamphlets, posters, etc.; intellectual property management; management of music publishing, CD master, and merchandising rights; production CDs and DVDs; rental of recording studios; and operation of fitness clubs, insurance agencies, and museums. In addition, the company engages in the production and construction of exhibitions, sales promotion events, international sports events, theme parks, amusement facilities, national ceremonies, etc.; production of program-related merchandise goods; commercial building maintenance; race track, concerts, and events management; ICT, development of apps for business, web development, video streaming, infrastructure solutions, and advertising; shopping portal sites management; production of animation, TV programs, commercial films, graphic designs, illustrations, characters, social games, and other content; copyright management; and internet content streaming. Further, it engages in the provision of software and systems for VOD and live streaming platforms and players; news gathering, reporting, and production of information, sports programs, etc.; 3D computer graphics; services to program and technology production, clerical, and management duties; e-commerce, esports, and talent production agency businesses; contractual production of programs for broadcasters; and influencers network and production business. The company was incorporated in 1952 and is based in Tokyo, Japan.

How the Company Makes Money

Nippon Television Holdings generates revenue through multiple streams, primarily from advertising sales on its television broadcasts. As one of the top commercial broadcasters in Japan, it attracts advertisers looking to reach large audiences through its popular programming. The company also earns income from content licensing and distribution, providing shows and films to other broadcasters and streaming platforms. Additionally, Nippon Television Holdings profits from its film production activities and related merchandising sales. The company's earnings are further enhanced by its engagement in digital media, including online streaming services and mobile content, which tap into the growing demand for digital consumption. Strategic partnerships with other media companies and production studios also contribute to its revenue by expanding its content offering and distribution reach.

Nippon Television Holdings Financial Statement Overview

Summary

Nippon Television Holdings demonstrates strong profitability with consistent revenue and profit growth, efficient cost management, and effective utilization of shareholder equity. The balance sheet shows minimal leverage, enhancing financial stability, although liabilities have slightly increased.

Income Statement

Nippon Television Holdings demonstrates strong profitability with a consistent increase in Net Income and Gross Profit over the years. The Gross Profit Margin and Net Profit Margin for the latest year are robust at 35.29% and 9.96% respectively, indicating efficient cost management. The Revenue Growth Rate from 2024 to 2025 is 9.05%, showcasing positive growth momentum. The company also maintains healthy EBIT and EBITDA margins at 11.89% and 17.91%, respectively, reflecting solid operational efficiency.

Balance Sheet

The Balance Sheet reveals a sound financial structure with a low Debt-to-Equity ratio of 0.01, indicating minimal leverage and financial risk. The Return on Equity is consistently positive, standing at 4.79% for 2025, reflecting effective utilization of shareholder funds. The Equity Ratio is strong at 77.89%, showing a high proportion of assets financed by equity, which enhances financial stability. However, there is a slight increase in total liabilities compared to previous years.

Cash Flow

The company's cash flow position is solid with a Free Cash Flow growth rate of 11.58% from 2024 to 2025, indicating effective cash generation and capital expenditure management. The Operating Cash Flow to Net Income Ratio is 1.04, and the Free Cash Flow to Net Income Ratio is 0.86, both suggesting strong cash conversion and liquidity. The consistent positive cash flow from operations highlights the company's ability to sustain operations and fund growth initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	470.48B	461.92B	423.52B	413.98B	406.39B	391.33B
Gross Profit	170.25B	162.97B	141.94B	142.19B	152.85B	123.42B
EBITDA	82.71B	82.77B	65.81B	64.53B	85.26B	63.80B
Net Income	50.03B	46.00B	34.66B	34.08B	47.43B	24.04B
Balance Sheet
Total Assets	1.25T	1.23T	1.18T	1.04T	1.06T	1.03T
Cash, Cash Equivalents and Short-Term Investments	187.13B	199.30B	170.77B	103.23B	140.26B	174.19B
Total Debt	9.09B	9.44B	13.20B	12.69B	13.79B	15.22B
Total Liabilities	231.16B	241.12B	236.00B	191.92B	209.35B	211.65B
Stockholders Equity	983.41B	959.68B	918.59B	836.76B	844.74B	815.09B
Cash Flow
Free Cash Flow	0.00	39.51B	35.40B	35.34B	43.65B	25.24B
Operating Cash Flow	0.00	47.90B	44.67B	45.46B	58.50B	41.10B
Investing Cash Flow	0.00	-26.38B	7.49B	-23.72B	-70.53B	535.00M
Financing Cash Flow	0.00	-16.07B	-14.96B	-9.45B	-9.38B	-10.95B

Nippon Television Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3742.00
• 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:9404, the sentiment is Positive. The current price of 3742 is below the 20-day moving average (MA) of 3999.26, below the 50-day MA of 3768.80, and above the 200-day MA of 3182.15, indicating a neutral trend. The MACD of 39.08 indicates Positive momentum. The RSI at 47.29 is Neutral, neither overbought nor oversold. The STOCH value of 16.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9404.

Nippon Television Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9404	76 Outperform	$992.53B	19.75	5.27%	1.02%	9.01%	36.61%
9401	74 Outperform	¥876.54B	19.10	4.69%	1.40%	2.66%	12.40%
9409	73 Outperform	¥329.96B	12.49	5.79%	1.85%	4.16%	51.14%
9413	69 Neutral	¥132.23B	17.66	5.93%	1.66%	6.81%	31.52%
9412	67 Neutral	¥379.98B	20.19	6.86%	1.94%	0.57%	10.90%
4676	45 Neutral	¥760.40B	-26.74	-2.46%	1.46%	-4.70%	-170.75%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Nippon Television Holdings Corporate Events

Nippon Television Holdings Clarifies Relationship with Yomiuri Shimbun

Nippon Television Holdings announced its relationship with The Yomiuri Shimbun Holdings, which holds a significant portion of its voting rights. The announcement highlights the intertwined business and personnel relationships between the two entities, emphasizing their cooperative efforts in media content sharing and broadcasting. Despite these connections, Nippon Television maintains its independence in programming and editorial decisions, ensuring its operations align with public interest standards. The company’s reliance on contracts for key content, such as professional baseball broadcasting rights, underscores potential risks to its business performance.

Nippon Television Holdings Reports Parent Company’s Financial Results

Nippon Television Holdings has announced the finalized non-consolidated financial results for the fiscal year ended March 2025 of its parent company, The Yomiuri Shimbun Holdings. This announcement highlights the interconnected leadership and ownership structure between the two companies, with significant personnel overlap and a 28.07% voting rights ownership ratio. These results may impact the strategic alignment and operational decisions of Nippon Television Holdings, given its close ties with its parent company.

Nippon Television Holdings Reports Strong FY2024 Financial Performance

Nippon Television Holdings reported a significant increase in its financial performance for FY2024, with net sales rising by 9.1% and operating profit increasing by 31.1% compared to the previous year. The company demonstrated strong profitability, with a notable rise in net income attributable to owners of the parent by 32.7%, indicating a robust operational performance and improved market positioning.