TV Asahi will consolidate New Japan Pro-Wrestling as a subsidiary, aiming to strengthen content and IPs and expand globally. In FY2026, a stake in the company will be made a subsidiary, accelerating growth strategy.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9409","jir_company_name":"TV Asahi Holdings Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9409-20260527-03.pdf","jir_short_summary":"TV Asahi will consolidate New Japan Pro-Wrestling as a subsidiary, aiming to strengthen content and IPs and expand globally. In FY2026, a stake in the company will be made a subsidiary, accelerating growth strategy.","jir_summary":"### Business Strategy and Background of Subsidiarization\nTV Asahi will make New Japan Pro-Wrestling a consolidated subsidiary as part of the management plan 'START UP TV Asahi!! Management Plan 2026-2029' starting FY2026. This will strengthen content production and IP business, and pursue strategic investments aimed at global expansion. New Japan Pro-Wrestling is advancing top-class domestic pro-wrestling events and IP deployment, contributing to future business expansion.\n\n### Future Outlook and Impact on Investors\nThe impact of this subsidiary acquisition on the company's consolidated performance is expected to be minor. The sales of New Japan Pro-Wrestling are approximately 4.76 billion yen, with net assets of around 2.64 billion yen. The share acquisition will increase voting rights ratio from 22.7% to 46.3%, strengthening management control. Going forward, the company will maximize content\/IP value and promote global expansion to enhance corporate value.","jir_financial_highlights":"Sales of New Japan Pro-Wrestling: 4,755,307 thousand yen (Unknown)\nNet assets of New Japan Pro-Wrestling: 2,640,943 thousand yen (Unknown)\nNumber of shares acquired: 3,550,200 shares (Increase)","jir_category":"","jir_hashtags":"#TVAsahi, #IRRelated, #JapanStocks","jir_key_figures":"Sales: 4,755,307 thousand yen (New Japan Pro-Wrestling)\nNumber of shares acquired: 3,550,200 shares (Increase)\nAcquisition cost: approximately 1,216 million yen","jir_meta_title":"[TV Asahi] Content Enhancement and Subsidiarization | May 2026","jir_meta_description":"TV Asahi has made New Japan Pro-Wrestling a consolidated subsidiary to strengthen content and IPs and expand globally. In FY2026, a stake will be made a subsidiary.","jir_og_title":"[TV Asahi] Subsidiarization and Business Strategy | May 2026","jir_og_description":"TV Asahi will acquire New Japan Pro-Wrestling as a subsidiary, strengthening content and IPs and promoting global expansion.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8048,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-55027","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n