Tokyo Broadcasting System lifts dividend forecast on strong revenue growth

Tokyo Broadcasting System Holdings, Inc. revised its year-end dividend forecast for the fiscal year ending March 31, 2026, from JPY 35.00 to JPY 38.00 per share, making a total annual dividend of JPY 73.00. This is an increase of JPY 5.00 from the previous fiscal year's actual results. The interim dividend remains unchanged at JPY 35.00. This revision is based on an expected increase in profit attributable to owners of parent, excluding special factors, driven by significant broadcasting revenue growth from events like "World Athletics Championships Tokyo 25" and strong spot advertising.

The company's consolidated financial results for the six months ended September 30, 2025, show net sales of JPY 210,658m, a 6.5% increase year-on-year. Operating profit rose by 20.2% to JPY 15,392m, and ordinary profit increased by 22.7% to JPY 22,885m. Profit attributable to owners of parent surged by 35.2% to JPY 45,403m.

The company's full-year consolidated forecast for the fiscal year ending March 31, 2026, has also been revised upward, with net sales now projected at JPY 431,000m (up 1.4%), operating profit at JPY 24,000m (up 11.6%), and ordinary profit at JPY 37,000m (up 7.2%). However, profit attributable to owners of parent remains unchanged at JPY 52,500m, as the company has incorporated anticipated losses.