Nippon TV raises forecast on asset sale, plans JPY 10 bn share buyback

Nippon Television Holdings, Inc. will record a gain of JPY 5.8 billion from selling a portion of an investment security in October 2025, aiming to improve asset efficiency and corporate value. This sale, coupled with strong performance in advertising and content businesses, led the company to revise its consolidated earnings forecast for the fiscal year ending March 31, 2026.

The revised forecast now projects net sales of JPY 473,000 million (up 1.5%), operating profit of JPY 59,000 million (up 7.3%), recurring profit of JPY 70,000 million (up 9.4%), and net income attributable to owners of the parent of JPY 50,000 million (up 6.4%). The company also announced a share repurchase program, authorizing the acquisition of up to 3,300,000 common shares (1.28% of outstanding shares) worth up to JPY 10,000,000,000 between November 7 and December 30, 2025.

The shares will be acquired via ToSTNeT-3 and market purchases, with all acquired shares to be cancelled by January 30, 2026. This move aligns with the company’s "Medium-Term Management Plan 2025-2027" to enhance shareholder returns and capital efficiency.