Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Results

For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales amounted to JPY 254,392 million (6.9% YoY increase), operating income to JPY 23,189 million (76.8% YoY increase), ordinary income to JPY 31,157 million (58.7% YoY increase), and quarterly net income attributable to owners of parent to JPY 27,397 million (42.2% YoY increase). The main driver was revenue growth in the TV broadcasting and internet businesses. In the TV broadcasting business, operating income significantly increased due to higher time and spot advertising revenues, while the internet business saw a 77.8% increase in operating income thanks to strong advertising revenue. On the other hand, the shopping business suffered a decline in operating income due to decreased sales. The equity ratio improved to 80.6% compared to the previous year.

Outlook and Dividends

The full-year earnings guidance remains unchanged with net sales of JPY 336,000 million (3.7% YoY increase), operating income of JPY 24,000 million (21.8% YoY increase), ordinary income of JPY 32,000 million (12.1% YoY increase), and net income attributable to owners of parent of JPY 28,000 million (8.5% YoY increase). The dividend forecast is set at JPY 70 per share annually (up JPY 10 YoY), including a special dividend of JPY 10 in the year-end dividend of JPY 40. With the establishment of the management plan “START UP TV Asahi!! Management Plan 2026-2029,” the company aims to promote business structure reforms from fiscal 2026 onwards.