Nippon Television Holdings Inc (JP:9404)
:9404
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Nippon Television Holdings
(9404)
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Rating:69Neutral
Price Target:
¥3,198.00
▼(-17.83% Downside)
Action:Reiterated
Date:05/15/26
The score is supported by strong financial resilience (low leverage, improving profitability and cash flow) and a reasonable valuation. These positives are tempered by clearly weak technicals, with the stock trading below key moving averages and negative momentum indicators.
Positive Factors
Conservative balance sheet
Very low debt relative to a large equity base provides durable financial flexibility. This capital strength supports investment, content production, and dividend or buyback optionality while helping the company absorb advertising downturns without immediate liquidity stress.
Negative Factors
Advertising dependence
Heavy reliance on TV advertising exposes revenues to cyclical advertiser budgets, audience-rating shifts, and structural media consumption changes. This dependence creates persistent top-line sensitivity and makes long-term forecasting and margin stability more challenging.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low debt relative to a large equity base provides durable financial flexibility. This capital strength supports investment, content production, and dividend or buyback optionality while helping the company absorb advertising downturns without immediate liquidity stress.
Read all positive factors
Nippon Television Holdings (9404) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥714.14B
Dividend Yield1.03%
Average Volume (3M)333.97K
Price to Earnings (P/E)12.5
Beta (1Y)0.56
Revenue Growth4.87%
EPS Growth24.35%
CountryJP
Employees5,486
SectorCommunication Services
Sector Strength97
IndustryBroadcasting
Share Statistics
EPS (TTM)199.75
Shares Outstanding261,220,180
10 Day Avg. Volume256,900
30 Day Avg. Volume333,973
Financial Highlights & Ratios
PEG Ratio0.57
Price to Book (P/B)0.79
Price to Sales (P/S)1.62
P/FCF Ratio14.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)233.92
Revenue Forecast (FY)¥517.54B
Nippon Television Holdings Business Overview & Revenue Model
Company Description
Nippon Television Holdings, Inc., established in 1952 and headquartered in Tokyo, Japan, functions as a leading media and content conglomerate. The company's core activities encompass broadcasting and extensive content production. This includes cr...
How the Company Makes Money
Nippon Television Holdings primarily generates earnings through its consolidated media operations led by NTV. The largest revenue stream is typically television advertising sold on its broadcast network (including spot commercials and time-based s...
Nippon Television Holdings Financial Statement Overview
Summary
Income Statement
76
Positive
Balance Sheet
92
Very Positive
Cash Flow
80
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 470.48B | 484.42B | 461.92B | 423.52B | 413.98B | 406.39B |
| Gross Profit | 170.25B | 180.89B | 162.97B | 141.94B | 142.19B | 152.85B |
| EBITDA | 87.07B | 99.55B | 83.67B | 67.05B | 64.53B | 85.26B |
| Net Income | 50.03B | 56.77B | 46.00B | 34.66B | 34.08B | 47.43B |
Balance Sheet | ||||||
| Total Assets | 1.25T | 1.28T | 1.23T | 1.18T | 1.04T | 1.06T |
| Cash, Cash Equivalents and Short-Term Investments | 187.13B | 219.20B | 199.30B | 170.77B | 103.23B | 140.26B |
| Total Debt | 9.09B | 8.56B | 10.88B | 14.94B | 14.52B | 14.13B |
| Total Liabilities | 231.16B | 251.48B | 241.12B | 236.00B | 191.91B | 210.74B |
| Stockholders Equity | 983.41B | 994.95B | 959.68B | 918.59B | 836.76B | 844.74B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 54.00B | 39.51B | 37.47B | 37.27B | 45.95B |
| Operating Cash Flow | 0.00 | 60.78B | 47.90B | 44.67B | 45.46B | 58.50B |
| Investing Cash Flow | 0.00 | -27.53B | -26.38B | 7.49B | -23.72B | -70.05B |
| Financing Cash Flow | 0.00 | -20.77B | -16.07B | -14.96B | -9.45B | -9.87B |
Nippon Television Holdings Technical Analysis
Neutral
3892.00
Price Trends
2974.74
Negative
3178.99
Negative
3500.63
Negative
Market Momentum
-32.76
Negative
48.51
Neutral
65.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9404, the sentiment is Neutral. The current price of 3892 is above the 20-day moving average (MA) of 2860.95, above the 50-day MA of 2974.74, and above the 200-day MA of 3500.63, indicating a neutral trend. The MACD of -32.76 indicates Negative momentum. The RSI at 48.51 is Neutral, neither overbought nor oversold. The STOCH value of 65.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:9404.
Nippon Television Holdings Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥98.15B | 12.25 | ― | 1.71% | 5.83% | 28.78% | |
72 Outperform | ¥334.02B | 10.96 | 7.48% | 1.79% | 4.76% | 15.97% | |
70 Outperform | ¥945.57B | 18.93 | 5.45% | 1.30% | 4.46% | 21.50% | |
69 Neutral | ¥714.14B | 12.52 | 6.38% | 1.03% | 4.87% | 24.35% | |
63 Neutral | ¥912.41B | 40.91 | 7.76% | 1.67% | 3.12% | 21.97% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
46 Neutral | ¥591.00B | 130.45 | -2.45% | 1.40% | 0.20% | ― |
* Communication Services Sector Average
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Nippon Television Holdings Corporate Events
Nippon Television Delivers Strong FY2025 Earnings but Signals Profit Squeeze Ahead
May 14, 2026
Nippon Television Holdings reported consolidated net sales of ¥484.4 billion for the fiscal year ended March 31, 2026, up 4.9% year on year, with operating profit jumping 26.2% to ¥69.3 billion and net income attributable to shareholders...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.