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Nippon BS Broadcasting Shares Weaken on Lower First-Half Revenue and Profit Amid Higher Program Production and Advertising Costs
Nippon BS Broadcasting Inc. <9414> Is Underperforming. The Company's Consolidated Financial Results for the Interim Period Ending February, Announced After Trading Closed on the 9th, Showed Revenue of \5,834 Million (Down 0.9% Year-on-Year), Operating Profit of \849 Million (Down 26.7%), and Net Profit of \596 Million (Down 25.7%), With Weak Earnings Weighing on Sentiment.
Time Sales in the Shopping Segment Remained Sluggish, While Spot Revenue from Mail-Order Sales Also Declined, Leading to a Drop in Revenue. In Addition, Higher Program Production Costs and Advertising Expenses Related to Content Investment Pressured Profits.
The Company Maintained Its Full-Year Earnings Forecast for the Fiscal Year Ending August 2026, Projecting Revenue of \12,576 Million (Up 6.5% Year-on-Year), Operating Profit of \1,804 Million (Down 6.6%), and Net Profit of \1,306 Million (Down 2.9%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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