Asahi Broadcasting Group Holdings Corporation · TSE:9405
Asahi Broadcasting — H1 FY3/2026 Earnings Presentation
33 slides from Asahi Broadcasting's earnings presentation, Nov 19, 2025
Slide 1: Presentation for the Six Months Ended September 30, 2025
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. Presentation for the Six Months Ended September 30, 2025 November 19, 2025 Securitie
Slide 2: Matters to be reported
Matters to be reported Financial Results Briefing for the Six Months Ended September 30, 2025 • Points of the Financial Results and Revision of Financial Results Forecast for the FY3/2026 P4 • Consolidated Results and Segment Information P5- • Results of Asahi Television Broadcasting (ABC TV) P12- •
Slide 3: Greetings
Greetings Masayuki Nishide President & CEO Asahi Broadcasting Group Holdings Corporation © Asahi Broadcasting Group Holdings Corporation All rights reserved. 3
Slide 4: Points of the Financial Results
Points of the Financial Results Six Months Ended September 30, 2025 Consolidated Broadcasting and Content Lifestyle • Increase in net sales and profit • Increase in net sales and profit • Increase in net sales and profit • Increased net sales and profit, mainly in • Significant increase in spot sale
Slide 5: Consolidated Results
Consolidated Results Yoko Kumada Executive Officer (Accounting and Finance, Investor Relations) Asahi Broadcasting Group Holdings Corporation © Asahi Broadcasting Group Holdings Corporation All rights reserved. 5
Slide 6: Consolidated Results
Consolidated Results Net sales and profits rose significantly year on year. We posted a gain on sale of non-current assets as extraordinary income, boosting net profit significantly. (Millions of yen) H1 FY3/2025 H1 FY3/2026 (Apr to Sep 2024) (Apr to Sep 2025) YoY % Change Net Sales 41,657 46,687 5,
Slide 7: Results by Consolidated Segment
Results by Consolidated Segment The broadcasting and content business posted large increases in net sales and profits. The lifestyle business also saw an increase in net sales and profits due to the impact of the new consolidation. Broadcasting and Content Lifestyle (Millions of yen) (Millions of ye
Slide 8: Performance by Consolidated Segment
Performance by Consolidated Segment Net Sales* Operating Profit 54,645 54,676 56,997 (Millions of yen) (Millions of yen) 16,270 Broadcasting 13,979 14,145 Total 14,503 15,474 15,045 27,356 Q4 Q3 13,107 12,571 13,094 13,834 Q2 2,824 2,602 13,056 12,486 12,588 13,522 Q1 2,075 1,607 1,168 1,219 FY3/23
Slide 9: FY3/2026 Consolidated Financial Results Forecasts (Revised in November)
FY3/2026 Consolidated Financial Results Forecasts (Revised in November) We revised our full-year forecasts upward, reflecting the strong performance of the broadcasting and content business through the first half of the fiscal year. (Millions of yen) (Millions of yen) FY3/2025 FY3/2026 YoY % Change
Slide 10: FY3/2026 Financial Results Forecasts by Segment
FY3/2026 Financial Results Forecasts by Segment (Revised in November) (Millions of yen) FY3/2025 FY3/2026 YoY % Change (Actual) (Revised) Broadcasting and Content (Total) 78,529 78,800 270 0.3% Broadcasting* 56,997 56,300 (697) (1.2)% Details Content* 21,475 22,400 924 4.3% Net Sales Other 56 100 43
Slide 11: Dividends (Dividend Policy)
Dividends (Dividend Policy) In line with our dividend policy, the Company revised the interim dividend up by 2 yen from the previous forecast to ¥8.00 per share. In addition, in light of the revision to the financial results forecasts, the Company also revised the year-end dividend up by 2 yen from
Slide 12: Results of ABC TV
Results of ABC TV Toshiaki Imamura Representative Director and Vice President Asahi Broadcasting Group Holdings Corporation Representative Director and President Asahi Television Broadcasting Corporation © Asahi Broadcasting Group Holdings Corporation All rights reserved. 12
Slide 13: Results of ABC TV
Results of ABC TV We posted a significant increase in net sales and profits, with higher spot sales revenue stemming from market share expansion and strong local time advertising revenue. The content business, including TVer revenue (video streaming) and events, also performed well. (Millions of yen
Slide 14: Details of ABC TV Revenue
Details of ABC TV Revenue (Millions of yen) H1 H1 H1 H1 FY3/2023 FY3/2024 FY3/2025 FY3/2026 YoY Change Factors (Apr to Sep (Apr to Sep (Apr to Sep (Apr to Sep 2022) 2023) 2024) 2025) Broadcasting Business Revenue* 23,012 22,057 22,493 24,098 1,604 • See the following pages for more details. • TVer r
Slide 15: Trends of ABC TV Major Broadcasting Business Revenues
Trends of ABC TV Major Broadcasting Business Revenues In addition to the highest viewer ratings in Kansai, we saw spot sales revenue increase significantly with an increase in spot sales in the local market and market share growth. Network time revenues decreased due to the absence of a major specia
Slide 16: ABC TV Spot Revenue (Quarterly Performance)
ABC TV Spot Revenue (Quarterly Performance) Increased spot sales in the local market amid a booming TV ad market. We expanded our market share and negotiated increased ad unit prices, resulting in a significant increase in spot sales revenue. FY3/24 FY3/25 FY3/26 (Millions of yen) 8,666 8,444 7,603
Slide 17: ABC TV Spot Revenue (By Top Industries)
ABC TV Spot Revenue (By Top 20 Industries） *Year-on-year comparisons H1 FY3/2025 (Apr to Sep 2024) H1 FY3/2026 (Apr to Sep 2025) Rank Industry YoY* Composition Rate YoY* Composition Rate 1 Transportation/Leisure/Food Services/Services 101.0% 15.2% 107.5% 15.0% 2 Foods 113.0% 10.1% 109.6% 10.2% 3 Bev
Slide 18: ABC TV Viewer Ratings in Kansai Region, April-September 2025 (Individual)
ABC TV Viewer Ratings in Kansai Region for April - September 2025* [Individual All] In addition to the strong performance of various regular programs, including high school baseball related programming and Hanshin Tigers league championship, we won viewer ratings for four slots. Winning four slots i
Slide 19: Trends of Viewer Ratings Ranking in Kansai Region Over 4 Years
Trends of Viewer Ratings Ranking in Kansai Region (Individual ALL) Over 4 Years ABC All Day (6:00-24:00) Golden Time (19:00-22:00) （TV Asahi network） 0 0 1 1 MBS 2 2 （TBS network） 3 3 4 4 KTV 5 5 （Fuji TV network） 6 6 YTV （Nippon TV network） Prime Time (19:00-23:00) Prime 2 (23:00-1:00 the next day)
Slide 20: TV Business Topics: Expo 2025 and live events
TV Business Topics Local media contributed to momentum for Increased points of interaction at live events 1 Expo 2025 Osaka, Kansai, Japan 2 Increased fan engagement ACN EXPO EKIDEN 2025 – Hosted on March 16 Summer Festival 2025 with DREAMS COME TRUE, Kokokarada! in Expo '70 Commemorative Park One m
Slide 21: TV Business Topics: Next-generation content creation
TV Business Topics Next-generation content creation and revenue diversification 3 Co-creation with highly engaging IP Co-creation with ASOBISYSTEM idols Exclusive coverage of the Hanshin Victory Parade Broadcasting Asobanyasonson, a next-generation entertainment Exclusively live broadcast the Victor
Slide 22: Growth Strategy and Progress
Growth Strategy and Progress Masayuki Nishide President & CEO Asahi Broadcasting Group Holdings Corporation © Asahi Broadcasting Group Holdings Corporation All rights reserved. 22
Slide 23: Developing overseas markets: DEATH STRANDING MOSQUITO
Growth Strategy and Progress Developing overseas markets Co-creation with other entities inside and outside the Group -Co-production with Hollywood also in the works- Animation film Production of DEATH STRANDING MOSQUITO (Working Title) began KOJIMA PRODUCTIONS, Hollywood, and ABC ANIMATION to co-pr
Slide 24: Next-generation creator development
Growth Strategy and Progress Focusing on next-generation creator development Co-creation with other entities -Selected as an affiliate of the Tokyo Metropolitan Government project- inside and outside the Group ABC ANIMATION Selected as an affiliate of the Project to Support the Development of Animat
Slide 25: Developing markets overseas: international partners
Growth Strategy and Progress Developing markets overseas Co-creation with other entities -Accelerating co-creation with international partners- inside and outside the Group ContentAsia Awards 2025 Two works won awards in international Joint development of original scripted drama competitions Co-crea
Slide 26: Next-Generation Group Reform Project
Growth Strategy and Progress Creation of the next medium-term management plan is in progress The Company's recent performance has improved significantly. Work on the next medium-term management plan is underway, scheduled to be announced in spring 2026. Next-Generation Group Reform Project Profit Im
Slide 27: Reference Materials
Reference Materials © Asahi Broadcasting Group Holdings Corporation All rights reserved. 27
Slide 28: Capital Investments/Depreciation and Amortization
Capital Investments/Depreciation and Amortization H1 FY3/2025 H1 FY3/2026 (Apr to Sep 2024) (Apr to Sep 2025) Consolidated ABC TV Consolidated ABC TV Capital ¥3.4 billion ¥0.9 billion ¥1.6 billion ¥0.4 billion Investments Depreciation and ¥1.8 billion ¥0.9 billion ¥1.8 billion ¥0.9 billion Amortizat
Slide 29: Major Group Companies ①: Broadcasting and Content Businesses
Major Group Companies ① <Broadcasting and Content Businesses, excluding ABC TV> (Millions of yen) Net Sales Operating Profit H1 H1 H1 H1 H1 H1 FY3/24 FY3/25 FY3/26 YoY FY3/24 FY3/25 FY3/26 YoY (Apr-Sep 2023) (Apr-Sep 2024) (Apr-Sep 2025) (Apr-Sep 2023) (Apr-Sep 2024) (Apr-Sep 2025) ◼ ABC Radio 1,181
Slide 30: Major Group Companies ②: Lifestyle Business
Major Group Companies ② <Lifestyle Business> (Millions of yen) Net Sales Operating Profit H1 H1 H1 H1 H1 H1 FY3/24 FY3/25 FY3/26 YoY FY3/24 FY3/25 FY3/26 YoY (Apr-Sep 2023) (Apr-Sep 2024) (Apr-Sep 2025) (Apr-Sep 2023) (Apr-Sep 2024) (Apr-Sep 2025) ◼ ABC Development 4,581 4,418 4,406 (11) 211 107 136
Slide 31: ABC TV Viewer Ratings in Kansai Region (Household)
ABC TV Viewer Ratings in Kansai Region for April - September 2025* [Household] All Day Golden Time Prime Time Prime 2 ABC （TV Asahi network） (6:00-24:00) (19:00-22:00) (19:00-23:00) (23:00-25:00**) 1 ABC ABC ABC ABC MBS （TBS network） 6.2% 8.4% 9.0% 4.7% KTV KTV YTV KTV YTV （Fuji TV network） 2 5.3% 7
Slide 32: ANN's TV Network
ANN’s TV Network Asahi Television Broadcasting Corporation ◼ Headquarters: Osaka ◼ Area: Kinki region (Osaka, Hyogo, Kyoto, Shiga, Nara and Wakayama), some parts in Tokushima and Mie 21.30 million people 10.39 million households TV Asahi Corporation 43.48 million people 21.49 million households © As
Slide 33: Disclaimer
Disclaimer The financial results forecasts in the period in this presentation are determined on the information available at the moment. As a result, the information contains inherent risks and uncertainties. The outlook may significantly change due to external factors such as domestic and overseas
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