Asahi Broadcasting Group Holdings Corporation (9405) AI Stock Analysis

• Market Cap: ¥27.44B
• Dividend Yield: 1.8%
• Average Volume (3M): 36.03K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.35
• Revenue Growth: 1.63%
• EPS Growth: N/A
• Country: JP
• Employees: 1,722
• Sector: Communication Services
• Sector Strength: 83
• Industry: Broadcasting
• EPS (TTM): 30.38
• Shares Outstanding: 41,833,000
• 10 Day Avg. Volume: 31,980
• 30 Day Avg. Volume: 36,030
• PEG Ratio: -0.41
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.43
• 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: ¥712.00
• Price Target Upside: 6.59% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: ¥712.00 ▲(6.59%Upside)

Asahi Broadcasting Group shows strong financial health with improving profit margins and stable revenue growth. Valuation metrics indicate the stock is fairly valued, and the dividend yield adds to its attractiveness. However, technical indicators suggest neutral to slightly negative sentiment, reflecting potential near-term challenges. The absence of recent earnings guidance or notable corporate events also affects the overall sentiment.

Asahi Broadcasting Group Holdings Corporation Business Overview & Revenue Model

Company Description

Asahi Broadcasting Group Holdings Corporation engages in television and radio broadcasting activities in Japan and internationally. It produces network and local TV programs; broadcasts news and informational programs, as well as live radio and TV coverage of professional baseball games, golf tournaments, soccer matches, and various other sporting events; and hosts various events. The company is also involved in the mail-order, video archive, licensing, character, music production, rights management, music publication, animated content planning/production and sale, videogram sale, digital content and subtitles production, technical production agency, event planning and management, game content planning/development/management, audio and post-production, golf course management, and corporate venture capital management activities. In addition, it engages in the housing exhibition management, housing design center planning/management, advertising agency, insurance agency, and real estate operations, as well as provision of safety and security, and facility management services. The company was formerly known as Asahi Broadcasting Corporation and changed its name to Asahi Broadcasting Group Holdings Corporation in April 2018. Asahi Broadcasting Group Holdings Corporation was founded in 1951 and is headquartered in Osaka, Japan.

How the Company Makes Money

Asahi Broadcasting Group Holdings Corporation generates revenue through multiple streams primarily centered around its broadcasting and media operations. The company's primary source of income is advertising revenue, which it earns from selling commercial slots during its television and radio programs. Moreover, the company capitalizes on the growing demand for digital content by monetizing its content through digital platforms and streaming services. It also engages in content production and distribution, licensing its programming to other networks and platforms, which contributes to its earnings. Furthermore, strategic partnerships and collaborations with other media companies and advertisers enhance its market reach and revenue potential. The company also explores opportunities in related ventures, such as event management and merchandising, to diversify its revenue sources.

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 maintains low leverage and strong equity but needs to 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	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	91.39B	91.92B	90.45B	87.03B	85.10B	78.34B
Gross Profit	29.23B	30.16B	27.55B	28.96B	29.52B	25.95B
EBITDA	4.47B	7.27B	3.38B	5.83B	7.98B	3.42B
Net Income	491.00M	2.50B	-884.00M	1.35B	2.67B	-930.00M
Balance Sheet
Total Assets	123.58B	128.54B	123.22B	122.31B	123.79B	119.08B
Cash, Cash Equivalents and Short-Term Investments	23.97B	27.08B	25.55B	24.46B	28.30B	27.98B
Total Debt	15.36B	15.25B	14.12B	12.19B	12.52B	11.91B
Total Liabilities	48.40B	50.31B	47.08B	49.86B	53.29B	49.38B
Stockholders Equity	73.51B	76.56B	73.03B	69.27B	66.98B	66.03B
Cash Flow
Free Cash Flow	-2.77B	732.00M	1.86B	-1.91B	254.00M	-537.00M
Operating Cash Flow	735.00M	5.30B	5.66B	2.95B	4.69B	5.95B
Investing Cash Flow	-4.58B	-3.81B	-5.66B	-5.05B	-4.28B	-10.31B
Financing Cash Flow	809.00M	275.00M	1.15B	-1.61B	543.00M	4.58B

Asahi Broadcasting Group Holdings Corporation Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 668.00
• 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:9405, the sentiment is Neutral. The current price of 668 is below the 20-day moving average (MA) of 679.65, below the 50-day MA of 670.00, and above the 200-day MA of 645.17, indicating a neutral trend. The MACD of 0.95 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 11.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
9405	66 Neutral	¥27.44B	11.14		1.80%	1.63%	―
Sector *	61 Neutral	$40.40B	-0.91	-12.15%	3.89%	2.03%	-69.70%
FJTNF		$5.14B	13.56	-2.38%	1.29%	―	―
NPTVF		$5.26B	17.04	4.82%	0.01%	―	―
TKOBF		$5.26B	18.19	4.19%	0.01%	―	―
TVAHF		$1.87B	10.83	5.86%	2.96%	―	―
9413	65 Neutral	¥91.03B	14.82		3.91%	4.88%	-9.60%

Asahi Broadcasting Group Holdings Corporation Corporate Events

Asahi Broadcasting Affirms Independence Amidst Strategic Collaboration

Asahi Broadcasting Group Holdings Corporation has announced its strategic positioning within the corporate group led by The Asahi Shimbun Company, highlighting their collaborative efforts to tackle the competitive media environment. Despite being closely affiliated, Asahi Broadcasting maintains operational independence, ensuring its broadcasting activities are not influenced by the parent company’s management policies. This independence is supported by regulatory requirements and a clear segregation of business activities between the broadcasting and newspaper publishing sectors.

Asahi Broadcasting Announces Share Disposal for Executive Remuneration

Asahi Broadcasting Group Holdings Corporation has announced the disposal of its own shares as restricted share-based remuneration for its corporate officers and those of its subsidiary. This move is part of a plan to incentivize directors and officers to enhance the company’s long-term value and align their interests with shareholders. The disposal involves 57,514 common shares valued at 678 yen each, totaling approximately 38.99 million yen. The initiative underscores the company’s commitment to sustainable growth and value sharing with stakeholders.

Asahi Broadcasting Group Reports Parent Company’s Financial Results

Asahi Broadcasting Group Holdings Corporation announced the finalized financial results of its parent company, The Asahi Shimbun Company, for the fiscal year ending March 31, 2025. The results show a slight increase in net sales and ordinary profit, though operating profit and profit attributable to owners of the parent decreased. The company remains a key player in the Asahi Shimbun Group, leveraging the Asahi brand to maintain its market position.

Asahi Broadcasting Group Reports Strong Financial Performance for FY2025

Asahi Broadcasting Group Holdings Corporation reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a significant improvement in profitability. The company experienced a notable increase in operating profit and ordinary profit, with net sales rising by 1.6% year-on-year. The fiscal year saw the inclusion of two new companies in its consolidation scope, which contributed to the financial performance. The company also announced an increase in annual dividends, reflecting its strengthened financial position and commitment to returning value to shareholders.

Asahi Broadcasting Announces Leadership Changes

Asahi Broadcasting Group Holdings Corporation announced changes in its corporate officer assignments, with new appointments and reappointments of directors, including both executive and outside directors. These changes, set to be finalized at the upcoming shareholders’ meeting, are expected to enhance the company’s leadership and strategic direction, potentially impacting its operational efficiency and market positioning.

Asahi Broadcasting Proposes Amendments for Flexible Governance

Asahi Broadcasting Group Holdings Corporation has announced a proposal to amend its Articles of Incorporation to allow more flexibility in organizational management. The proposed changes would enable directors, rather than solely the representative director, to chair general shareholders’ meetings and Board of Directors’ meetings, enhancing the company’s governance structure.

Asahi Broadcasting Reports Strong Financial Performance for FY 2025

Asahi Broadcasting Group Holdings Corporation reported a significant improvement in its financial performance for the fiscal year ended March 31, 2025, with a notable increase in operating and ordinary profits compared to the previous year. The company also announced a slight increase in dividends and a stable financial position, indicating a positive outlook for stakeholders and reinforcing its competitive position in the broadcasting industry.

Asahi Broadcasting Revises Financial and Dividend Forecasts Upward

Asahi Broadcasting Group Holdings Corporation has revised its financial and dividend forecasts for the fiscal year ending March 31, 2025, due to an upward trend in TV spot advertising sales and a gain on the sale of investment securities. The company has increased its net sales and profit forecasts, reflecting a positive performance trend, and has also raised its fiscal year-end dividend forecast to 7.00 yen per share, resulting in an annual dividend of 13.00 yen, as part of its strategy to return profits to shareholders while maintaining financial stability.