TV Asahi Holdings (9409) AI Stock Analysis

• Market Cap: ¥281.63B
• Dividend Yield: 0.72%
• Average Volume (3M): 433.09K
• Price to Earnings (P/E): 10.9
• Beta (1Y): 0.92
• Revenue Growth: 4.01%
• EPS Growth: 34.90%
• Country: JP
• Employees: 5,452
• Sector: Communication Services
• Sector Strength: 92
• Industry: Broadcasting
• EPS (TTM): 213.03
• Shares Outstanding: 108,529,000
• 10 Day Avg. Volume: 507,100
• 30 Day Avg. Volume: 433,093
• PEG Ratio: -0.44
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -65.27
• 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: 69 Neutral
• Price Target: ―

TV Asahi Holdings has a strong financial position with no debt and robust equity, yet faces challenges in cash flow consistency. The stock shows potential based on its valuation metrics, but technical indicators suggest cautious short-term sentiment. A balanced financial performance and valuation provide a stable outlook, though improvements in cash flow management could enhance the overall performance.

TV Asahi Holdings Business Overview & Revenue Model

Company Description

TV Asahi Holdings Corporation is a leading Japanese multimedia conglomerate primarily engaged in the production and broadcasting of television content. It operates through various segments, including television broadcasting, internet-related services, and other media-related businesses. TV Asahi is renowned for its diverse programming, which includes news, drama, sports, music, and entertainment shows, catering to a wide audience across Japan. The company also invests in digital media and content distribution, expanding its reach beyond traditional broadcasting.

How the Company Makes Money

TV Asahi Holdings makes money primarily through advertising revenue generated from its television broadcasting operations. Advertisers pay for commercial slots during popular television programs, which is a significant source of income. Additionally, the company earns revenue from content licensing and distribution, both domestically and internationally, by selling broadcast rights to its television programs and films. TV Asahi also generates income from digital platforms and online services, which include streaming content and online advertising. Furthermore, the company has partnerships and collaborations with other media entities, which contribute to its revenue through joint ventures and co-production agreements.

TV Asahi Holdings Financial Statement Overview

Summary

TV Asahi Holdings shows a solid financial foundation with strong profitability and stability, especially in its balance sheet. The income statement reflects healthy margins and revenue growth, though cost management pressures exist. Cash flow management needs improvement, particularly in generating consistent free cash flow. The company's debt-free status and strong equity base enhance its financial stability.

Income Statement

TV Asahi Holdings demonstrated a robust performance with a notable gross profit margin of 25.76% and a net profit margin of 6.80% for the TTM. The revenue growth rate from 2023 to 2024 was 4.43%, showing positive growth. The EBIT margin of 5.09% and an EBITDA margin of 8.19% are solid, indicating efficient operational management. However, the decline in gross profit margin over the years suggests some pressure on cost management.

Balance Sheet

The company maintains a strong financial position with a debt-free status, evident from a debt-to-equity ratio of 0.00. The return on equity (ROE) is 4.85% for TTM, indicating decent profitability relative to its equity. The equity ratio stands at 79.96%, signifying a stable and low-leverage capital structure, which enhances financial stability.

Cash Flow

TV Asahi Holdings faces challenges in its cash flow management, with significant fluctuations in free cash flow. The free cash flow is currently null for TTM, and the lack of data on operating cash flow to net income ratio limits a comprehensive analysis. Despite previous healthy operating cash flows, the absence of consistent free cash flow growth is a concern.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	318.31B	324.06B	307.90B	304.57B	298.28B	264.56B
Gross Profit	81.97B	86.77B	76.71B	79.57B	86.98B	71.29B
EBITDA	26.08B	45.70B	22.45B	25.26B	32.34B	25.44B
Net Income	21.65B	25.82B	17.14B	16.60B	21.00B	12.60B
Balance Sheet
Total Assets	558.07B	559.56B	520.43B	495.12B	498.81B	473.74B
Cash, Cash Equivalents and Short-Term Investments	70.67B	63.75B	71.02B	76.48B	80.06B	55.50B
Total Debt	0.00	0.00	0.00	1.44B	2.49B	2.83B
Total Liabilities	109.78B	111.71B	96.86B	100.36B	105.59B	97.64B
Stockholders Equity	446.20B	445.65B	421.75B	393.23B	391.92B	374.96B
Cash Flow
Free Cash Flow	0.00	-5.18B	2.98B	-2.35B	22.76B	-29.12B
Operating Cash Flow	0.00	26.52B	19.11B	15.30B	30.13B	20.60B
Investing Cash Flow	0.00	-32.50B	-21.71B	-25.01B	7.63B	-7.96B
Financing Cash Flow	0.00	-7.12B	-5.82B	-6.60B	-4.56B	-8.25B

TV Asahi Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2706.00
• 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:9409, the sentiment is Positive. The current price of 2706 is above the 20-day moving average (MA) of 2650.90, above the 50-day MA of 2617.58, and above the 200-day MA of 2317.69, indicating a bullish trend. The MACD of 34.41 indicates Negative momentum. The RSI at 65.33 is Neutral, neither overbought nor oversold. The STOCH value of 75.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9409.

TV Asahi 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	$820.25B	18.57	4.19%	1.62%	3.14%	17.57%
9409	69 Neutral	¥281.63B	10.92	5.86%	0.72%	4.01%	34.90%
Sector *	66 Neutral	¥370.54B	13.79	2.32%	2.56%	5.41%	-19.09%
9405	66 Neutral	¥28.14B	11.43		1.75%	1.63%	―
9413	60 Neutral	¥93.08B	15.16		3.82%	4.88%	-9.60%
4676	52 Neutral	$694.57B	14.53	-2.38%	1.60%	-2.77%	-158.28%

TV Asahi Holdings Corporate Events

TV Asahi Confirms Share Buyback Period

TV Asahi Holdings Corporation has confirmed the acquisition period for its own shares, which will occur from May 1, 2025, to October 31, 2025. This strategic move involves acquiring up to 2,000,000 shares, representing 2% of its outstanding shares, with a maximum purchase amount of 3 billion yen, potentially impacting its market positioning and shareholder value.

TV Asahi Sets Offer Price for Secondary Stock Offering

TV Asahi Holdings Corporation has announced the determination of the offer price for a secondary offering of its common stock, set at 2,589 yen per share. This move, resolved by the Board of Directors, involves a total offer price of over 20 billion yen and is expected to impact the company’s financial positioning and market dynamics.

TV Asahi Holdings Monitors Foreign Ownership Levels Amid Regulatory Requirements

TV Asahi Holdings Corporation announced that as of March 31, 2025, the ratio of voting rights held by foreign nationals in the company is 15.78%. This figure is significant as it approaches the 20% threshold under the Broadcasting Act, which could lead to revocation of its certification as a broadcasting holding company if exceeded. The company is required to publicly disclose this information every six months due to the current percentage exceeding 15%, highlighting the importance of monitoring foreign ownership levels to maintain regulatory compliance.

TV Asahi Holdings Announces Share Buyback Plan

TV Asahi Holdings Corporation has announced a resolution to acquire up to 2,000,000 of its own shares, representing 2.0% of its total outstanding shares, with a maximum purchase amount of 3,000,000,000 yen. This strategic move, set to occur between May 1, 2025, and October 31, 2025, via market purchases on the Tokyo Stock Exchange, aims to optimize the company’s capital structure and potentially enhance shareholder value.

TV Asahi Announces Secondary Offering of Shares

TV Asahi Holdings Corporation announced a resolution for a secondary offering of shares, with a total of 7,852,200 shares of common stock to be offered. The offering, involving major shareholders such as The Asahi Shimbun Company and Dai Nippon Printing Co., Ltd., aims to adjust the company’s capital structure and potentially enhance liquidity. The offer price will be determined based on market demand, and the underwriter will purchase and underwrite all shares, with an additional over-allotment option of up to 1,177,800 shares. This move could impact TV Asahi’s market positioning by potentially increasing its shareholder base and financial flexibility.