Asahi Broadcasting Group Holdings Corporation (9405) AI Stock Analysis

• Market Cap: ¥29.25B
• Dividend Yield: 1.73%
• Average Volume (3M): 86.67K
• Price to Earnings (P/E): 6.1
• Beta (1Y): 0.32
• Revenue Growth: 7.33%
• EPS Growth: N/A
• Country: JP
• Employees: 1,722
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 12.68
• Shares Outstanding: 41,833,000
• 10 Day Avg. Volume: 60,500
• 30 Day Avg. Volume: 86,666
• PEG Ratio: -0.03
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 36.84
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: ¥882.00 ▲(8.89% Upside)

Asahi Broadcasting Group's stock is supported by strong financial performance and attractive valuation metrics. The company's consistent revenue growth and low leverage enhance its financial stability, while the low P/E ratio and reasonable dividend yield make it appealing for value investors. Technical indicators suggest a bullish trend, though caution is advised due to potential short-term weakness.

Positive Factors

Revenue Growth

Consistent revenue growth indicates the company's ability to expand its market presence and effectively monetize its content offerings.

Balance Sheet Health

Low leverage enhances financial stability, providing the company with flexibility to invest in growth opportunities and withstand economic downturns.

Profit Margin Improvement

Improving profit margins reflect operational efficiency and a successful turnaround in profitability, supporting long-term financial health.

Negative Factors

Free Cash Flow Decline

A significant decline in free cash flow can strain the company's ability to fund operations and investments, potentially impacting future growth.

Low Return on Equity

Low ROE suggests that the company may not be using its equity base efficiently to generate profits, which could limit shareholder value creation.

Cash Flow Management

Inefficient cash flow management may hinder the company's ability to reinvest in growth initiatives and meet financial obligations.

Asahi Broadcasting Group Holdings Corporation Business Overview & Revenue Model

Company Description

Asahi Broadcasting Group Holdings Corporation (9405) is a leading media and broadcasting company based in Japan. It operates primarily in the television and radio sectors, providing a diverse range of content including news, entertainment, and sports. The company also engages in the production and distribution of television programs and films, as well as digital content across various platforms. With a strong presence in regional broadcasting, Asahi Broadcasting Group Holdings plays a pivotal role in the Japanese media landscape, connecting audiences with local and national content.

How the Company Makes Money

Asahi Broadcasting Group Holdings generates revenue through multiple streams, primarily from advertising sales on its television and radio broadcasts. The company monetizes its content by selling advertising slots to businesses looking to reach its audience. Additionally, it earns income from subscription services and licensing fees related to its digital content offerings. The production and distribution of television programs and films also contribute to its revenue, as the company partners with other media organizations and distributors for broader reach. Sponsorships and collaborations with local businesses further enhance its earnings, alongside any potential income from merchandising related to its produced content.

Asahi Broadcasting Group Holdings Corporation Financial Statement Overview

Summary

Asahi Broadcasting Group demonstrates consistent revenue growth and sound balance sheet stability. Profit margins are improving, indicating recovery and efficient operations. However, cash flow management shows potential for enhancement, particularly in free cash flow generation. The company is well-positioned financially, with low leverage and strong equity, but should focus on improving returns and cash generation capabilities.

Income Statement

Asahi Broadcasting Group has shown a solid revenue growth with a 1.63% increase from 2024 to 2025. The gross profit margin stands at 32.8% for 2025, indicating robust profitability. However, the net profit margin improved significantly to 2.72% from a negative margin in 2024, highlighting a recovery in earnings. EBITDA margin is reasonable at 7.91%, showing efficient operations despite EBIT margin being lower at 2.82%.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.20, reflecting low leverage. The equity ratio is solid at 59.6%, indicating sound financial health. However, the return on equity is relatively low at 3.27% for 2025, pointing to moderate returns for shareholders.

Cash Flow

Operating cash flow is strong with a slight decrease from 2024 to 2025. The free cash flow has decreased by 60.70%, indicating potential pressure on cash reserves. The operating cash flow to net income ratio of 2.12 highlights effective conversion of income into cash, but the free cash flow to net income ratio is lower at 0.29, suggesting room for improvement in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	94.08B	91.92B	90.45B	87.03B	85.10B	78.34B
Gross Profit	31.38B	30.16B	27.55B	28.96B	29.52B	25.95B
EBITDA	10.17B	7.27B	3.38B	5.83B	7.98B	3.42B
Net Income	4.91B	2.50B	-884.00M	1.35B	2.67B	-930.00M
Balance Sheet
Total Assets	127.11B	128.54B	123.22B	122.31B	123.79B	119.08B
Cash, Cash Equivalents and Short-Term Investments	30.29B	27.08B	25.55B	24.46B	28.30B	27.98B
Total Debt	15.09B	15.25B	14.12B	12.19B	12.52B	11.91B
Total Liabilities	46.76B	50.31B	47.08B	49.86B	53.29B	49.38B
Stockholders Equity	78.69B	76.56B	73.03B	69.27B	66.98B	66.03B
Cash Flow
Free Cash Flow	-1.39B	732.00M	1.86B	-1.91B	254.00M	-537.00M
Operating Cash Flow	367.50M	5.30B	5.66B	2.95B	4.69B	5.95B
Investing Cash Flow	-2.29B	-3.81B	-5.66B	-5.05B	-4.28B	-10.31B
Financing Cash Flow	404.50M	275.00M	1.15B	-1.61B	543.00M	4.58B

Asahi Broadcasting Group Holdings Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 810.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9405, the sentiment is Positive. The current price of 810 is above the 20-day moving average (MA) of 782.20, above the 50-day MA of 762.07, and above the 200-day MA of 703.78, indicating a bullish trend. The MACD of 18.11 indicates Negative momentum. The RSI at 64.41 is Neutral, neither overbought nor oversold. The STOCH value of 81.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9405.

Asahi Broadcasting Group Holdings Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9401	77 Outperform	¥908.09B	15.98	5.45%	1.35%	4.55%	-7.49%
9405	74 Outperform	¥29.25B	6.06	―	1.73%	7.33%	―
9404	69 Neutral	$1.03T	17.86	5.67%	1.04%	7.90%	54.01%
9413	69 Neutral	¥132.37B	17.30	―	1.69%	7.01%	72.94%
9409	64 Neutral	$337.57B	10.28	7.18%	1.85%	6.63%	80.44%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
4676	45 Neutral	$740.83B	-26.06	-1.72%	1.46%	-6.29%	-141.32%

Asahi Broadcasting Group Holdings Corporation Corporate Events

Asahi Broadcasting Group Revises Financial Forecasts and Dividend Plans

Asahi Broadcasting Group Holdings Corporation has revised its financial forecasts for the fiscal year ending March 31, 2026, showing an upward trend in net sales and profits due to increased TV spot advertising sales and expected gains from the sale of investment securities. Additionally, the company has increased its interim and year-end dividend forecasts, reflecting its commitment to returning profits to shareholders while maintaining a strong financial position and supporting growth strategies.

The most recent analyst rating on (JP:9405) stock is a Buy with a Yen810.00 price target. To see the full list of analyst forecasts on Asahi Broadcasting Group Holdings Corporation stock, see the JP:9405 Stock Forecast page.

Asahi Broadcasting Reports Strong Financial Recovery and Positive Outlook

Asahi Broadcasting Group Holdings Corporation reported a significant improvement in its financial performance for the six months ended September 30, 2025, with net sales increasing by 12.1% to ¥46,687 million and a return to profitability. The company has revised its cash dividend forecast upwards and anticipates continued growth in net sales and profits for the fiscal year ending March 31, 2026, indicating a positive outlook for stakeholders.

The most recent analyst rating on (JP:9405) stock is a Buy with a Yen810.00 price target. To see the full list of analyst forecasts on Asahi Broadcasting Group Holdings Corporation stock, see the JP:9405 Stock Forecast page.