Fuji Media Holdings revises earnings forecast, launches share buyback

Fuji Media Holdings Inc. announced on November 10, 2025, an upward revision to its consolidated earnings forecast for the fiscal year ending March 2026. The company now expects net sales of JPY 544,300m, an operating loss of JPY 10,500m, an ordinary loss of JPY 7,400m, and profit attributable to owners of the parent of JPY 18,500m. This revision is driven by a recovery in terrestrial TV advertising revenue and improved profitability from cost control measures at Fuji Television.

Concurrently, the board of directors approved a share repurchase program, authorizing the acquisition of up to 20m shares, or 9.50% of outstanding shares (excluding treasury shares), for a total consideration of up to JPY 50,000m. The repurchase period is from November 11, 2025, to November 10, 2026, via market purchases on the Tokyo Stock Exchange. This initiative aligns with the company's "Reform Action Plan" to enhance capital efficiency and shareholder value. The company maintains a lower limit of JPY 50 for annual dividends per share.

The company also reported its interim consolidated results for the six months ended September 30, 2025, with net sales of JPY 248,699m, an operating loss of JPY 12,990m, an ordinary loss of JPY 10,892m, and a profit attributable to owners of the parent of JPY 17,115m. This reflects challenges in its media and content segment but strong performance in urban development and tourism.