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TV Asahi Holdings
(9409)
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Rating:71Outperform
Price Target:
¥3,757.00
▲(20.03% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by strong financial strength (very low leverage and improving earnings) and attractive valuation (low P/E and a moderate dividend yield). These positives are partially offset by weak technicals, with the stock trading below key moving averages and negative MACD signaling ongoing bearish trend/momentum.
Positive Factors
Conservative balance sheet
An exceptionally conservative balance sheet gives TV Asahi substantial financial flexibility and protection against operating setbacks. Minimal debt reduces financing pressure, while steadily rising equity strengthens resilience and leaves greater capacity to support investment, distributions, or strategic initiatives.
Negative Factors
Uneven free cash flow
Volatile free cash flow makes the company’s internally generated funding less predictable even though operating cash flow remains positive. Variability in capital spending or working-capital needs can complicate investment planning and reduce confidence that reported earnings will consistently convert into distributable cash.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
An exceptionally conservative balance sheet gives TV Asahi substantial financial flexibility and protection against operating setbacks. Minimal debt reduces financing pressure, while steadily rising equity strengthens resilience and leaves greater capacity to support investment, distributions, or strategic initiatives.
Read all positive factors
TV Asahi Holdings (9409) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥345.19B
Dividend Yield2.65%
Average Volume (3M)332.00K
Price to Earnings (P/E)12.1
Beta (1Y)0.52
Revenue Growth4.11%
EPS Growth4.48%
CountryJP
Employees5,622
SectorCommunication Services
Sector Strength97
IndustryBroadcasting
Share Statistics
EPS (TTM)280.74
Shares Outstanding108,529,000
10 Day Avg. Volume461,430
30 Day Avg. Volume331,996
Financial Highlights & Ratios
PEG Ratio0.74
Price to Book (P/B)0.74
Price to Sales (P/S)1.02
P/FCF Ratio28.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)231.81
Revenue Forecast (FY)¥340.55B
TV Asahi Holdings Business Overview & Revenue Model
Company Description
TV Asahi Holdings Corporation, along with its various subsidiaries, operates extensively in the television broadcasting sector both within Japan and on an international scale. Its business activities are organized into key segments: TV Broadcastin...
TV Asahi Holdings Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
94
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 340.39B | 339.49B | 324.06B | 307.90B | 304.57B | 298.28B |
| Gross Profit | 99.44B | 103.47B | 86.77B | 76.71B | 79.57B | 86.98B |
| EBITDA | 44.78B | 50.30B | 45.70B | 34.49B | 34.38B | 41.37B |
| Net Income | 28.23B | 29.65B | 25.82B | 17.14B | 16.60B | 21.00B |
Balance Sheet | ||||||
| Total Assets | 588.63B | 581.11B | 559.56B | 520.43B | 495.12B | 498.81B |
| Cash, Cash Equivalents and Short-Term Investments | 68.16B | 68.24B | 63.75B | 71.02B | 76.48B | 80.06B |
| Total Debt | 23.67B | 0.00 | 2.98B | 1.60B | 1.44B | 1.15B |
| Total Liabilities | 107.81B | 113.42B | 111.71B | 96.85B | 100.36B | 105.59B |
| Stockholders Equity | 476.65B | 465.27B | 445.65B | 421.75B | 393.23B | 391.92B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 12.33B | -5.18B | 4.55B | 935.00M | 24.48B |
| Operating Cash Flow | 0.00 | 24.95B | 26.52B | 19.11B | 15.30B | 30.13B |
| Investing Cash Flow | 0.00 | -9.28B | -32.50B | -21.71B | -25.01B | 7.63B |
| Financing Cash Flow | 0.00 | -11.19B | -7.12B | -5.82B | -6.60B | -4.56B |
TV Asahi Holdings Technical Analysis
Positive
3130.00
Price Trends
3060.66
Positive
3094.02
Positive
3190.82
Positive
Market Momentum
63.99
Negative
76.27
Negative
94.12
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9409, the sentiment is Positive. The current price of 3130 is above the 20-day moving average (MA) of 3060.53, above the 50-day MA of 3060.66, and below the 200-day MA of 3190.82, indicating a bullish trend. The MACD of 63.99 indicates Negative momentum. The RSI at 76.27 is Negative, neither overbought nor oversold. The STOCH value of 94.12 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9409.
TV Asahi Holdings Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | ¥770.35B | 11.89 | 6.37% | 1.45% | 2.95% | 30.61% | |
71 Outperform | ¥345.19B | 12.11 | 6.06% | 2.65% | 4.11% | 4.48% | |
69 Neutral | ¥32.66B | 13.54 | ― | 4.15% | 0.32% | -50.06% | |
68 Neutral | ¥960.66B | 19.53 | 4.04% | 1.62% | 5.12% | 6.10% | |
67 Neutral | ¥94.04B | 13.65 | ― | 3.93% | 2.13% | -9.91% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
48 Neutral | ¥610.04B | 55.13 | 2.33% | 4.77% | 8.80% | ― |
* Communication Services Sector Average
JP:9409
TV Asahi Holdings
3,385.00
261.73
8.38%
JP:4676
Fuji Media Holdings
4,031.00
710.71
21.41%
JP:9404
Nippon Television Holdings
3,115.00
-624.36
-16.70%
JP:9401
TBS HOLDINGS INC.
6,092.00
694.33
12.86%
JP:9405
Asahi Broadcasting Group Holdings Corporation
795.00
65.55
8.99%
JP:9413
TV Tokyo Holdings Corporation
3,405.00
-1,317.39
-27.90%
TV Asahi Holdings Corporate Events
TV Asahi Reports Foreign Ownership Near Regulatory Threshold
Oct 15, 2026
TV Asahi Holdings has disclosed that foreign nationals and related entities held 18.21% of its voting rights as of September 30, 2026. This level, derived from 19,055,312 shares out of 108,529,000 issued, triggers a semiannual public notice obliga...
TV Asahi Posts Profit Drop but Keeps Forecasts and Plans Higher Dividend
Aug 7, 2026
TV Asahi Holdings reported consolidated net sales of ¥81.39 billion for the three months ended June 30, 2026, a modest 1.1% year-on-year increase, while operating profit almost halved and ordinary profit and profit attributable to owners of p...
TV Asahi Lifts Sales but Sees Profit Dip as Events and TOKYO DREAM PARK Drive Growth
Aug 7, 2026
TV Asahi Holdings reported consolidated first-quarter FY27/3 results with higher sales but lower profits, as its core Media Content business saw increased revenue yet profit pressure from a sharp drop in spot advertising following last year’...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.