New Risk • 3h
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥16.1b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥16.1b market cap, or US$99.8m). Reported Earnings • Apr 10
Second quarter 2026 earnings released: EPS: JP¥18.84 (vs JP¥24.47 in 2Q 2025) Second quarter 2026 results: EPS: JP¥18.84 (down from JP¥24.47 in 2Q 2025). Revenue: JP¥2.96b (down 1.4% from 2Q 2025). Net income: JP¥336.0m (down 23% from 2Q 2025). Profit margin: 11% (down from 14% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Jan 09
First quarter 2026 earnings released: EPS: JP¥14.59 (vs JP¥20.49 in 1Q 2025) First quarter 2026 results: EPS: JP¥14.59 (down from JP¥20.49 in 1Q 2025). Revenue: JP¥2.88b (flat on 1Q 2025). Net income: JP¥260.0m (down 29% from 1Q 2025). Profit margin: 9.0% (down from 13% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Buy Or Sell Opportunity • Dec 19
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at JP¥1,000. The fair value is estimated to be JP¥822, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥969, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 17x in the Media industry in Japan. Total returns to shareholders of 18% over the past three years. New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.5% average weekly change). Reported Earnings • Oct 10
Full year 2025 earnings released: EPS: JP¥75.49 (vs JP¥81.67 in FY 2024) Full year 2025 results: EPS: JP¥75.49 (down from JP¥81.67 in FY 2024). Revenue: JP¥11.8b (down 3.5% from FY 2024). Net income: JP¥1.35b (down 7.6% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Oct 09
Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 19, 2025 Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 19, 2025. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 14 November 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Announcement • Aug 01
Nippon BS Broadcasting Corporation to Report Fiscal Year 2025 Results on Oct 09, 2025 Nippon BS Broadcasting Corporation announced that they will report fiscal year 2025 results on Oct 09, 2025 Reported Earnings • Jul 14
Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥24.36 in 3Q 2024) Third quarter 2025 results: EPS: JP¥14.65 (down from JP¥24.36 in 3Q 2024). Revenue: JP¥2.86b (down 8.7% from 3Q 2024). Net income: JP¥261.0m (down 40% from 3Q 2024). Profit margin: 9.1% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year. Announcement • May 27
Nippon BS Broadcasting Corporation to Report Q3, 2025 Results on Jul 10, 2025 Nippon BS Broadcasting Corporation announced that they will report Q3, 2025 results on Jul 10, 2025 Reported Earnings • Apr 11
Second quarter 2025 earnings released: EPS: JP¥24.47 (vs JP¥22.11 in 2Q 2024) Second quarter 2025 results: EPS: JP¥24.47 (up from JP¥22.11 in 2Q 2024). Revenue: JP¥3.00b (flat on 2Q 2024). Net income: JP¥436.0m (up 11% from 2Q 2024). Profit margin: 14% (up from 13% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Announcement • Jan 17
Nippon BS Broadcasting Corporation to Report Q2, 2025 Results on Apr 10, 2025 Nippon BS Broadcasting Corporation announced that they will report Q2, 2025 results on Apr 10, 2025 Reported Earnings • Jan 15
First quarter 2025 earnings released: EPS: JP¥20.49 (vs JP¥13.92 in 1Q 2024) First quarter 2025 results: EPS: JP¥20.49 (up from JP¥13.92 in 1Q 2024). Revenue: JP¥2.89b (down 2.1% from 1Q 2024). Net income: JP¥365.0m (up 47% from 1Q 2024). Profit margin: 13% (up from 8.4% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 7% per year. New Risk • Dec 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.7b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.02% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.7b market cap, or US$99.9m). New Risk • Oct 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.02% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥15.3b market cap, or US$100.0m). New Risk • Oct 18
New major risk - Revenue and earnings growth Earnings have declined by 0.02% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.02% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Oct 11
Nippon BS Broadcasting Corporation to Report Q1, 2025 Results on Jan 09, 2025 Nippon BS Broadcasting Corporation announced that they will report Q1, 2025 results on Jan 09, 2025 Announcement • Oct 10
Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 13, 2024 Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 13, 2024. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 18 November 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.4%). Announcement • Aug 03
Nippon BS Broadcasting Corporation to Report Fiscal Year 2024 Results on Oct 10, 2024 Nippon BS Broadcasting Corporation announced that they will report fiscal year 2024 results on Oct 10, 2024 Reported Earnings • Jul 07
Third quarter 2024 earnings released: EPS: JP¥24.36 (vs JP¥19.37 in 3Q 2023) Third quarter 2024 results: EPS: JP¥24.36 (up from JP¥19.37 in 3Q 2023). Revenue: JP¥3.13b (up 1.9% from 3Q 2023). Net income: JP¥434.0m (up 26% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jul 03
Now 20% undervalued Over the last 90 days, the stock has risen 3.4% to JP¥936. The fair value is estimated to be JP¥1,174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Reported Earnings • Apr 06
Second quarter 2024 earnings released: EPS: JP¥22.11 (vs JP¥18.92 in 2Q 2023) Second quarter 2024 results: EPS: JP¥22.11 (up from JP¥18.92 in 2Q 2023). Revenue: JP¥2.98b (flat on 2Q 2023). Net income: JP¥394.0m (up 17% from 2Q 2023). Profit margin: 13% (up from 11% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Announcement • Apr 06
Nippon BS Broadcasting Corporation to Report Q3, 2024 Results on Jul 04, 2024 Nippon BS Broadcasting Corporation announced that they will report Q3, 2024 results on Jul 04, 2024 Announcement • Jan 11
Nippon BS Broadcasting Corporation to Report Q2, 2024 Results on Apr 04, 2024 Nippon BS Broadcasting Corporation announced that they will report Q2, 2024 results on Apr 04, 2024 Reported Earnings • Jan 10
First quarter 2024 earnings released: EPS: JP¥13.92 (vs JP¥23.48 in 1Q 2023) First quarter 2024 results: EPS: JP¥13.92 (down from JP¥23.48 in 1Q 2023). Revenue: JP¥2.95b (down 2.8% from 1Q 2023). Net income: JP¥248.0m (down 41% from 1Q 2023). Profit margin: 8.4% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Announcement • Nov 18
Nippon BS Broadcasting Corporation to Report Q1, 2024 Results on Jan 09, 2024 Nippon BS Broadcasting Corporation announced that they will report Q1, 2024 results on Jan 09, 2024 Announcement • Oct 07
Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 15, 2023 Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 15, 2023. Reported Earnings • Oct 06
Full year 2023 earnings released: EPS: JP¥77.83 (vs JP¥89.81 in FY 2022) Full year 2023 results: EPS: JP¥77.83 (down from JP¥89.81 in FY 2022). Revenue: JP¥12.4b (up 1.4% from FY 2022). Net income: JP¥1.39b (down 13% from FY 2022). Profit margin: 11% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥26.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 17 November 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.6%). Announcement • Aug 03
Nippon BS Broadcasting Corporation to Report Fiscal Year 2023 Results on Oct 05, 2023 Nippon BS Broadcasting Corporation announced that they will report fiscal year 2023 results on Oct 05, 2023 Buying Opportunity • Jul 12
Now 21% undervalued Over the last 90 days, the stock is up 1.8%. The fair value is estimated to be JP¥1,148, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.5% over the last 3 years, while earnings per share has been flat. Reported Earnings • Jul 08
Third quarter 2023 earnings released: EPS: JP¥19.37 (vs JP¥22.24 in 3Q 2022) Third quarter 2023 results: EPS: JP¥19.37 (down from JP¥22.24 in 3Q 2022). Revenue: JP¥3.07b (up 3.1% from 3Q 2022). Net income: JP¥345.0m (down 13% from 3Q 2022). Profit margin: 11% (down from 13% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Announcement • May 25
Nippon BS Broadcasting Corporation to Report Q3, 2023 Results on Jul 07, 2023 Nippon BS Broadcasting Corporation announced that they will report Q3, 2023 results on Jul 07, 2023 Reported Earnings • Apr 08
Second quarter 2023 earnings released: EPS: JP¥18.92 (vs JP¥24.71 in 2Q 2022) Second quarter 2023 results: EPS: JP¥18.92 (down from JP¥24.71 in 2Q 2022). Revenue: JP¥3.00b (down 1.8% from 2Q 2022). Net income: JP¥337.0m (down 23% from 2Q 2022). Profit margin: 11% (down from 14% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Jan 08
First quarter 2023 earnings released: EPS: JP¥23.48 (vs JP¥26.17 in 1Q 2022) First quarter 2023 results: EPS: JP¥23.48 (down from JP¥26.17 in 1Q 2022). Revenue: JP¥3.04b (flat on 1Q 2022). Net income: JP¥418.0m (down 10% from 1Q 2022). Profit margin: 14% (down from 15% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Nov 19
Nippon BS Broadcasting Corporation to Report Q1, 2023 Results on Jan 06, 2023 Nippon BS Broadcasting Corporation announced that they will report Q1, 2023 results on Jan 06, 2023 Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. No independent directors (9 non-independent directors). Representative Director & President Kazuyuki Kondo was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 09
Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 16, 2022 Nippon BS Broadcasting Corporation, Annual General Meeting, Nov 16, 2022. Reported Earnings • Oct 09
Full year 2022 earnings released: EPS: JP¥89.81 (vs JP¥105 in FY 2021) Full year 2022 results: EPS: JP¥89.81 (down from JP¥105 in FY 2021). Revenue: JP¥12.3b (up 2.0% from FY 2021). Net income: JP¥1.60b (down 14% from FY 2021). Profit margin: 13% (down from 16% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.3%). Announcement • Aug 03
Nippon BS Broadcasting Corporation to Report Fiscal Year 2022 Results on Oct 07, 2022 Nippon BS Broadcasting Corporation announced that they will report fiscal year 2022 results on Oct 07, 2022 Reported Earnings • Jul 08
Third quarter 2022 earnings released: EPS: JP¥22.24 (vs JP¥27.80 in 3Q 2021) Third quarter 2022 results: EPS: JP¥22.24 (down from JP¥27.80 in 3Q 2021). Revenue: JP¥2.98b (down 1.8% from 3Q 2021). Net income: JP¥396.0m (down 20% from 3Q 2021). Profit margin: 13% (down from 16% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 4 highly experienced directors. No independent directors (8 non-independent directors). Director Hitoshi Kawamura was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 08
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: JP¥24.71 (down from JP¥26.90 in 2Q 2021). Revenue: JP¥3.06b (up 3.2% from 2Q 2021). Net income: JP¥440.0m (down 8.1% from 2Q 2021). Profit margin: 14% (down from 16% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Feb 26
Nippon BS Broadcasting Corporation to Report Q3, 2022 Results on Jul 06, 2022 Nippon BS Broadcasting Corporation announced that they will report Q3, 2022 results on Jul 06, 2022 Reported Earnings • Jan 09
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥26.17 (up from JP¥24.26 in 1Q 2021). Revenue: JP¥3.04b (up 9.2% from 1Q 2021). Net income: JP¥466.0m (up 7.9% from 1Q 2021). Profit margin: 15% (in line with 1Q 2021). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Earnings per share (EPS) surpassed analyst estimates by 56%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Oct 08
Full year 2021 earnings released: EPS JP¥105 (vs JP¥83.69 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥12.0b (up 5.4% from FY 2020). Net income: JP¥1.87b (up 25% from FY 2020). Profit margin: 16% (up from 13% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 12 November 2021. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.1%). In line with average of industry peers (1.9%). Reported Earnings • Jul 07
Third quarter 2021 earnings released: EPS JP¥27.80 (vs JP¥25.78 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥3.03b (up 7.1% from 3Q 2020). Net income: JP¥495.0m (up 7.8% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 09
Second quarter 2021 earnings released: EPS JP¥26.90 (vs JP¥20.61 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥2.96b (up 4.2% from 2Q 2020). Net income: JP¥479.0m (up 31% from 2Q 2020). Profit margin: 16% (up from 13% in 2Q 2020). Is New 90 Day High Low • Jan 28
New 90-day high: JP¥1,184 The company is up 11% from its price of JP¥1,066 on 30 October 2020. The Japanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 10.0% over the same period. Analyst Estimate Surprise Post Earnings • Jan 07
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 5.1%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Over the next year, revenue is forecast to stay flat compared to a 4.0% growth forecast for the Media industry in Japan. Reported Earnings • Jan 07
First quarter 2021 earnings released: EPS JP¥24.26 The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥2.79b (down 2.2% from 1Q 2020). Net income: JP¥432.0m (up 34% from 1Q 2020). Profit margin: 16% (up from 11% in 1Q 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Jan 06
New 90-day high: JP¥1,124 The company is up 2.0% from its price of JP¥1,105 on 08 October 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Media industry, which is also up 2.0% over the same period. Announcement • Aug 31
Nippon BS Broadcasting Corporation to Report Fiscal Year 2020 Results on Oct 06, 2020 Nippon BS Broadcasting Corporation announced that they will report fiscal year 2020 results on Oct 06, 2020