Nippon Television Holdings (9404) AI Stock Analysis

• Market Cap: ¥839.22B
• Dividend Yield: 1.82%
• Average Volume (3M): 544.03K
• Price to Earnings (P/E): 17.9
• Beta (1Y): 0.73
• Revenue Growth: 9.06%
• EPS Growth: 34.40%
• Country: JP
• Employees: 5,486
• Sector: Communication Services
• Sector Strength: 90
• Industry: Broadcasting
• EPS (TTM): 65.72
• Shares Outstanding: 263,822,080
• 10 Day Avg. Volume: 616,800
• 30 Day Avg. Volume: 544,026
• PEG Ratio: -0.30
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: ¥3,710.00 ▲(12.77%Upside)

Nippon Television Holdings' strong financial performance, characterized by robust profitability and effective cost management, is the most significant factor driving the score. The technical indicators further support a positive outlook with bullish momentum and solid market positioning. Valuation metrics are fair but slightly less compelling, contributing moderately to the overall assessment.

Nippon Television Holdings Business Overview & Revenue Model

Company Description

Nippon Television Holdings (9404) is a leading media and entertainment company based in Japan. It operates primarily in the television broadcasting sector and is known for its flagship Nippon Television Network Corporation (NTV), which is one of the major commercial television networks in Japan. The company also engages in the production and distribution of movies, digital content, and other media-related services. Additionally, Nippon Television Holdings has interests in event planning, merchandising, and various other entertainment-related ventures.

How the Company Makes Money

Nippon Television Holdings generates revenue through several key streams. The primary source of income is advertising revenue from its television broadcasting operations, where businesses pay to air commercials during popular shows and events. The company also earns from content licensing and distribution, particularly through its production of television programs and films that are sold to other networks and platforms both domestically and internationally. Another significant revenue stream comes from its digital content services, which include online streaming and digital advertising. Furthermore, Nippon Television Holdings capitalizes on merchandising and licensing deals related to its media properties, as well as revenue from live events and other entertainment-related activities. Strategic partnerships and collaborations with other media and technology companies also contribute to its earnings by expanding its content reach and enhancing its service offerings.

Nippon Television Holdings Financial Statement Overview

Summary

Nippon Television Holdings presents a robust financial performance with strong profitability, a solid balance sheet, and healthy cash flow generation. The company shows consistent revenue and profit growth, efficient cost management, and effective utilization of shareholder equity. Despite a slight increase in liabilities, the financial health remains strong, positioning the company well for sustainable growth.

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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	450.92B	461.92B	423.52B	413.98B	406.39B	391.33B
Gross Profit	156.21B	162.97B	141.94B	142.19B	152.85B	123.42B
EBITDA	61.82B	82.77B	67.05B	64.53B	85.26B	63.80B
Net Income	31.01B	46.00B	34.66B	34.08B	47.43B	24.04B
Balance Sheet
Total Assets	1.30T	1.23T	1.18T	1.04T	1.06T	1.03T
Cash, Cash Equivalents and Short-Term Investments	177.80B	199.30B	170.77B	103.23B	140.26B	174.19B
Total Debt	10.76B	9.44B	13.20B	12.69B	13.79B	15.22B
Total Liabilities	255.24B	241.12B	236.00B	191.92B	209.35B	211.65B
Stockholders Equity	1.01T	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: 3290.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 3290 is above the 20-day moving average (MA) of 3247.60, above the 50-day MA of 3253.64, and above the 200-day MA of 2766.93, indicating a bullish trend. The MACD of 17.47 indicates Negative momentum. The RSI at 55.29 is Neutral, neither overbought nor oversold. The STOCH value of 62.97 is Neutral, 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	¥839.22B	17.94	4.82%	1.82%	9.06%	34.40%
9401	74 Outperform	¥816.53B	18.49	4.19%	1.62%	3.14%	17.57%
9412	73 Outperform	€405.20B	21.21	6.87%	2.24%	1.52%	9.29%
9409	69 Neutral	¥281.63B	10.92	5.86%	0.72%	4.01%	34.90%
9413	67 Neutral	¥93.08B	15.16		3.82%	4.88%	-9.60%
Sector *	66 Neutral	¥377.84B	13.76	2.32%	2.48%	5.41%	-19.08%
4676	57 Neutral	$694.57B	14.53	-2.38%	1.60%	-2.77%	-158.28%

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.