Asahi Broadcasting : Earnings for the Second Quarter of Fiscal 2023
December 10, 2023
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Asahi Broadcasting Group Holdings Corporation
Presentation for the Second Quarter
of Fiscal 2023
(For the fiscal year ended March 31, 2024)
November 20, 2023
Securities Code：9405
Matters to be reported
Overview of Financial Report for the Second Quarter of Fiscal 2023 and Consolidated Financial Results Forecasts for Fiscal 2023
Consolidated Results and Segment Information…P.4
・ Asahi Television Broadcasting Results
…P.11
■ Growth Investment/Financial Strategy
…P.20
2
Greetings
Susumu Okinaka
Representative Director and President
Asahi Broadcasting Group Holdings Corporation
3
Consolidated Results
Hironobu Nakamura
Director (Accounting)
Asahi Broadcasting Group Holdings Corporation
4
Consolidated Results
(Millions of yen)
Net Sales
Operating Expenses
Details
Cost of Sales
Selling, General and
Administrative Expenses
Operating Income
Ordinary Income
Profit Attributable to Owners
of Parent
FY23/3
1H
FY24/3
1H
YoY
% Change
(Apr. to Sep. 2022)
(Apr. to Sep. 2023)
41,100
41,776
675
1.6%
40,806
42,768
1,962
4.8%
28,121
29,977
1,856
6.6%
12,684
12,790
105
0.8%
293
-992
-1,286
-
479
-832
-1,311
-
403
-673
-1,077
-
Increase in revenue from ABC TV content and content-related affiliates contributed to an increase in consolidated net sales
Decrease in profit due to a decrease in high-profit TV spot sales revenue, sluggish at-home
5
shopping business sales, and higher content-related expenses
Trend of Consolidated Results
Net Sales
40,000
0
FY21/3
FY22/3
FY23/3
FY24/3
1H
33,077
40,889
41,100
41,776
2H
45,267
44,210
45,928
6
(Millions of yen)
Operating Income
4,500
3,000
1,500
0
-1,500
FY21/3
FY22/3
FY23/3
FY24/3
1H
-1,118
1,234
293
-992
2H
3,813
2,968
2,300
Results by Segment
Net Sales
Broadcasting and
Content
By
Broadcasting
business
Content
Other
Lifestyle
Housing
By
At-home shopping
business
Golf
Other
Operating Income
Broadcasting and
Content
Lifestyle
7
Adjustments
FY23/3
1H
FY24/3
1H
YoY
% Change
(Apr. to Sep. 2022)
(Apr. to Sep. 2023)
34,482
35,541
1,058
3.1%
26,468
25,550
-917
-3.5%
7,987
9,948
1,961
24.6%
26
42
15
56.3%
6,617
6,234
-383
-5.8%
4,476
4,376
-100
-2.2%
1,471
1,196
-275
-18.7%
484
488
4
0.9%
184
173
-11
-6.3%
FY23/3
1H
FY24/3
1H
YoY
% Change
(Apr. to Sep. 2022)
(Apr. to Sep. 2023)
407
-733
-1,141
-
118
-60
-178
-
-232
-198
33
-
FY24/3 Consolidated Financial Results Forecasts
FY23/3
FY24/3
FY24/3
YoY
% Change
(actual)
(as of May)
(revised in Nov.)
Net Sales
87,028
90,000
88,000
972
1.1%
Operating Income
2,594
2,500
1,300
-1,294
-49.9%
Ordinary Income
2,661
2,700
1,500
-1,161
-43.6%
Profit Attributable to
1,354
1,700
1,000
-354
-26.1%
Owners of Parent
Net Sales
Operating Income
81,484
80,691
81,059
82,302
80,991
81,986
82,937
85,100
87,028
78,344
88,000
5,791
4,684
4,064
4,972
4,203
4,250
4,262
3,388
2,694
2,594
1,300
8
(FY) 14/3
15/3
16/3
17/3
18/3
19/3
20/3
21/3
22/3
23/3
24/3
Financial Results Forecasts by Segment
9
Net Sales
Broadcasting and
Content
By
Broadcasting
business
Content
Other
Lifestyle
By
Housing
At-home shopping
business
Golf
Other
Operating
Income
Broadcasting and
Content
Lifestyle
Adjustments
FY23/3
FY24/3
Forecast
YoY
% Change
Actual
(revised in Nov.)
72,967
73,800
832
1.1%
55,516
55,100
-416
-0.7％
17,387
18,600
1,212
7.0%
63
100
36
57.0%
14,061
14,200
138
1.0%
9,770
9,700
-70
-0.7%
2,954
3,200
245
8.3%
939
950
10
1.1%
397
350
-47
-12.0%
FY23/3
FY24/3
Forecast
YoY
% Change
Actual
(revised in Nov.)
2,602
1,400
-1,202
-46.2%
433
300
-133
-30.9%
-441
-400
41
-
Dividends
30
28
Interim dividend
Year-end dividend
26
24
25
18
18
20
18
20
16
17
18
16
15
10
17
12
9
9
10
12
10
6
10
6
5
5
9
9
10
10
9
10
7
6
6
5
6
0
14/3
15/3
16/3
17/3
18/3
19/3
20/3
21/3
22/3
23/3
24/3
(FY)
10
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Disclaimer
ABC - Asahi Broadcasting Corporation published this content on 11 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2023 03:52:53 UTC.
Asahi Broadcasting Group Holdings Corp is a Japan-based company mainly engaged in the broadcasting business. The Company operates in three business segments. The Broadcasting segment is involved in the planning, organizing, production, broadcasting and sale of programs, as well as the editing and management of broadcast program materials. The Housing segment is engaged in the planning, operation and management of housing exhibition centers and others. The Golf segment is involved in the operation of golf courses. The Company is also involved in the leasing and management of real estate.
ASAHI BROADCASTING GROUP HOLDINGS CORPORATION 
