Nippon Television Holdings raises full-year earnings forecast

Nippon Television Holdings (TSE: 9404) has revised its consolidated earnings forecast for the fiscal year ending March 31, 2025, according to an official announcement. The company now expects net sales to reach ¥457 billion, up from the previous forecast of ¥442 billion. The operating profit is projected to be ¥48 billion, a notable increase from the earlier ¥42 billion. Recurring profit is now estimated at ¥58 billion, significantly higher than the initial ¥48 billion projection, and net income attributable to owners of the parent is also rising from ¥35 billion to ¥37 billion. This revision reflects strong performance at Nippon Television Network Corporation and its consolidated subsidiaries, as well as investment income stemming from the additional acquisition of equity-method affiliates. A reduction in cross-shareholdings also contributes positively to the revised outlook. The company has not revised its dividend forecast alongside the earnings update.