Financials

Nippon Television Holdings: FYE Mar 2026 and ten years of results (49 metrics)

FYE Mar 2026 · Revenue¥484bnYoY +4.9%

FYE Mar 2026 · Operating profit¥69bnYoY +26.2%

FYE Mar 2026 · Net profit¥57bnYoY +23.4%

FYE Mar 2026 · Equity ratio77.6%YoY −0.3pp

FYE Mar 2026 · Group employees5,933YoY +162

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥417bn	n/a	¥53bn	n/a	12.6%	¥41bn	Okubo Yoshio	—
FYE Mar 2018Consolidated	¥424bn	+1.7%	¥51bn	−3.0%	12.0%	¥37bn	Okubo Yoshio	—
FYE Mar 2019Consolidated	¥425bn	+0.3%	¥50bn	−2.4%	11.7%	¥39bn	Okubo Yoshio	—
FYE Mar 2020Consolidated	¥427bn	+0.4%	¥43bn	−13.3%	10.1%	¥31bn	Kosugi Yoshinobu	—
FYE Mar 2021Consolidated	¥391bn	−8.3%	¥35bn	−19.9%	8.8%	¥24bn	Kosugi Yoshinobu	—
FYE Mar 2022Consolidated	¥406bn	+3.8%	¥59bn	+70.0%	14.4%	¥47bn	Sugiyama Yoshikuni	—
FYE Mar 2023Consolidated	¥414bn	+1.9%	¥47bn	−20.6%	11.3%	¥34bn	Sugiyama Yoshikuni	Murayama Holdings acquired for the life segment
FYE Mar 2024Consolidated	¥424bn	+2.3%	¥42bn	−10.1%	9.9%	¥35bn	Ishizawa Akira	Studio Ghibli consolidated at 42.3% of voting rights
FYE Mar 2025Consolidated	¥462bn	+9.1%	¥55bn	+31.1%	11.9%	¥46bn	Ishizawa Akira	—
FYE Mar 2026Consolidated	¥484bn	+4.9%	¥69bn	+26.2%	14.3%	¥57bn	Ishizawa Akira	Revenue of ¥461.9 billion across content, life and property

How it compares

Fuji Media Holdings¥552bnFY2025Operating margin −1.6%

Nippon Television Holdings¥484bnFY2025Operating margin 14.3%

TBS Holdings¥425bnFY2025Operating margin 5.8%

TV Asahi Holdings Corporation¥339bnFY2025Operating margin 7.7%

TV TOKYO Holdings Corporation¥165bnFY2025Operating margin 6.9%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Operating profit

Margins

Gross margin Operating margin Ordinary margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥484bn

CAGR · 10 yrs +1.7%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	417	n/a	Cons. · Japanese GAAP
FYE Mar 2018	424	+1.7%	Cons. · Japanese GAAP
FYE Mar 2019	425	+0.3%	Cons. · Japanese GAAP
FYE Mar 2020	427	+0.4%	Cons. · Japanese GAAP
FYE Mar 2021	391	−8.3%	Cons. · Japanese GAAP
FYE Mar 2022	406	+3.8%	Cons. · Japanese GAAP
FYE Mar 2023	414	+1.9%	Cons. · Japanese GAAP
FYE Mar 2024	424	+2.3%	Cons. · Japanese GAAP
FYE Mar 2025	462	+9.1%	Cons. · Japanese GAAP
FYE Mar 2026	484	+4.9%	Cons. · Japanese GAAP

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥304bn

CAGR · 10 yrs +1.3%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	270	n/a	Cons. · Japanese GAAP
FYE Mar 2018	279	+3.0%	Cons. · Japanese GAAP
FYE Mar 2019	278	−0.3%	Cons. · Japanese GAAP
FYE Mar 2020	289	+3.9%	Cons. · Japanese GAAP
FYE Mar 2021	268	−7.2%	Cons. · Japanese GAAP
FYE Mar 2022	254	−5.4%	Cons. · Japanese GAAP
FYE Mar 2023	272	+7.2%	Cons. · Japanese GAAP
FYE Mar 2024	282	+3.6%	Cons. · Japanese GAAP
FYE Mar 2025	299	+6.2%	Cons. · Japanese GAAP
FYE Mar 2026	304	+1.5%	Cons. · Japanese GAAP

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥181bn

CAGR · 10 yrs +2.4%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	146	n/a	Cons. · Japanese GAAP
FYE Mar 2018	145	−0.9%	Cons. · Japanese GAAP
FYE Mar 2019	147	+1.5%	Cons. · Japanese GAAP
FYE Mar 2020	138	−6.2%	Cons. · Japanese GAAP
FYE Mar 2021	123	−10.6%	Cons. · Japanese GAAP
FYE Mar 2022	153	+23.8%	Cons. · Japanese GAAP
FYE Mar 2023	142	−7.0%	Cons. · Japanese GAAP
FYE Mar 2024	142	−0.2%	Cons. · Japanese GAAP
FYE Mar 2025	163	+14.8%	Cons. · Japanese GAAP
FYE Mar 2026	181	+11.0%	Cons. · Japanese GAAP

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥112bn

CAGR · 10 yrs +2.0%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	93.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	94.1	+0.3%	Cons. · Japanese GAAP
FYE Mar 2019	97.5	+3.6%	Cons. · Japanese GAAP
FYE Mar 2020	94.9	−2.6%	Cons. · Japanese GAAP
FYE Mar 2021	88.9	−6.3%	Cons. · Japanese GAAP
FYE Mar 2022	94.2	+5.9%	Cons. · Japanese GAAP
FYE Mar 2023	95.6	+1.5%	Cons. · Japanese GAAP
FYE Mar 2024	100	+4.7%	Cons. · Japanese GAAP
FYE Mar 2025	108	+8.0%	Cons. · Japanese GAAP
FYE Mar 2026	112	+3.2%	Cons. · Japanese GAAP

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥69bn

CAGR · 10 yrs +3.1%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	52.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	51.0	−3.0%	Cons. · Japanese GAAP
FYE Mar 2019	49.7	−2.4%	Cons. · Japanese GAAP
FYE Mar 2020	43.1	−13.3%	Cons. · Japanese GAAP
FYE Mar 2021	34.5	−19.9%	Cons. · Japanese GAAP
FYE Mar 2022	58.7	+70.0%	Cons. · Japanese GAAP
FYE Mar 2023	46.6	−20.6%	Cons. · Japanese GAAP
FYE Mar 2024	41.9	−10.1%	Cons. · Japanese GAAP
FYE Mar 2025	54.9	+31.1%	Cons. · Japanese GAAP
FYE Mar 2026	69.3	+26.2%	Cons. · Japanese GAAP

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥14bn

CAGR · 10 yrs +8.7%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	6.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.0	+71.2%	Cons. · Japanese GAAP
FYE Mar 2019	8.6	−21.8%	Cons. · Japanese GAAP
FYE Mar 2020	6.7	−22.2%	Cons. · Japanese GAAP
FYE Mar 2021	8.9	+33.4%	Cons. · Japanese GAAP
FYE Mar 2022	7.0	−21.8%	Cons. · Japanese GAAP
FYE Mar 2023	5.7	−18.6%	Cons. · Japanese GAAP
FYE Mar 2024	8.2	+44.8%	Cons. · Japanese GAAP
FYE Mar 2025	11.9	+44.3%	Cons. · Japanese GAAP
FYE Mar 2026	13.6	+14.5%	Cons. · Japanese GAAP

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥0.8bn

CAGR · 10 yrs +0.2%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	0.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.7	−12.1%	Cons. · Japanese GAAP
FYE Mar 2019	1.0	+32.5%	Cons. · Japanese GAAP
FYE Mar 2020	0.6	−37.7%	Cons. · Japanese GAAP
FYE Mar 2021	0.5	−14.7%	Cons. · Japanese GAAP
FYE Mar 2022	0.8	+62.8%	Cons. · Japanese GAAP
FYE Mar 2023	0.5	−39.4%	Cons. · Japanese GAAP
FYE Mar 2024	0.6	+19.7%	Cons. · Japanese GAAP
FYE Mar 2025	1.1	+76.7%	Cons. · Japanese GAAP
FYE Mar 2026	0.8	−20.9%	Cons. · Japanese GAAP

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Ordinary profit keijo rieki

FYE Mar 2026 ¥82bn

CAGR · 10 yrs +3.9%

Fiscal year	Ordinary profit ¥ bn	YoY	Basis
FYE Mar 2017	58.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	61.2	+5.3%	Cons. · Japanese GAAP
FYE Mar 2019	57.4	−6.3%	Cons. · Japanese GAAP
FYE Mar 2020	49.2	−14.3%	Cons. · Japanese GAAP
FYE Mar 2021	42.9	−12.7%	Cons. · Japanese GAAP
FYE Mar 2022	64.8	+51.0%	Cons. · Japanese GAAP
FYE Mar 2023	51.8	−20.1%	Cons. · Japanese GAAP
FYE Mar 2024	49.5	−4.4%	Cons. · Japanese GAAP
FYE Mar 2025	65.7	+32.8%	Cons. · Japanese GAAP
FYE Mar 2026	82.1	+24.9%	Cons. · Japanese GAAP

Definition: A level of profit that exists only under Japanese GAAP
Formula: Operating profit + non-operating income − non-operating expenses
Source: Securities report (XBRL)

Extraordinary income

FYE Mar 2026 ¥8.9bn

CAGR · 10 yrs +16.9%

Fiscal year	Extraordinary income ¥ bn	YoY	Basis
FYE Mar 2017	2.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.0	−98.0%	Cons. · Japanese GAAP
FYE Mar 2019	1.4	+3118.6%	Cons. · Japanese GAAP
FYE Mar 2020	0.8	−41.0%	Cons. · Japanese GAAP
FYE Mar 2021	30.2	+3597.9%	Cons. · Japanese GAAP
FYE Mar 2022	7.8	−74.2%	Cons. · Japanese GAAP
FYE Mar 2023	0.5	−93.8%	Cons. · Japanese GAAP
FYE Mar 2024	16.4	+3269.5%	Cons. · Japanese GAAP
FYE Mar 2025	10.3	−37.0%	Cons. · Japanese GAAP
FYE Mar 2026	8.9	−13.4%	Cons. · Japanese GAAP

Definition: One-off gains, such as an asset sale
Formula: Extraordinary income line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥57bn

CAGR · 10 yrs +3.7%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	40.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	37.4	−8.3%	Cons. · Japanese GAAP
FYE Mar 2019	38.7	+3.5%	Cons. · Japanese GAAP
FYE Mar 2020	30.6	−21.1%	Cons. · Japanese GAAP
FYE Mar 2021	24.0	−21.3%	Cons. · Japanese GAAP
FYE Mar 2022	47.4	+97.3%	Cons. · Japanese GAAP
FYE Mar 2023	34.1	−28.1%	Cons. · Japanese GAAP
FYE Mar 2024	34.7	+1.7%	Cons. · Japanese GAAP
FYE Mar 2025	46.0	+32.7%	Cons. · Japanese GAAP
FYE Mar 2026	56.8	+23.4%	Cons. · Japanese GAAP

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 37.3%

Average · 10 yrs 34.6%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	35.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	34.2	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	34.6	+0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	32.4	−2.3pp	Cons. · Japanese GAAP
FYE Mar 2021	31.5	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2022	37.6	+6.1pp	Cons. · Japanese GAAP
FYE Mar 2023	34.3	−3.3pp	Cons. · Japanese GAAP
FYE Mar 2024	33.5	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	35.3	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2026	37.3	+2.1pp	Cons. · Japanese GAAP

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 14.3%

Average · 10 yrs 11.7%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	12.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	12.0	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	11.7	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	10.1	−1.6pp	Cons. · Japanese GAAP
FYE Mar 2021	8.8	−1.3pp	Cons. · Japanese GAAP
FYE Mar 2022	14.4	+5.6pp	Cons. · Japanese GAAP
FYE Mar 2023	11.3	−3.2pp	Cons. · Japanese GAAP
FYE Mar 2024	9.9	−1.4pp	Cons. · Japanese GAAP
FYE Mar 2025	11.9	+2.0pp	Cons. · Japanese GAAP
FYE Mar 2026	14.3	+2.4pp	Cons. · Japanese GAAP

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Ordinary margin

FYE Mar 2026 16.9%

Average · 10 yrs 13.6%

Fiscal year	Ordinary margin %	YoY	Basis
FYE Mar 2017	13.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	14.5	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2019	13.5	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2020	11.5	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2021	11.0	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2022	16.0	+5.0pp	Cons. · Japanese GAAP
FYE Mar 2023	12.5	−3.4pp	Cons. · Japanese GAAP
FYE Mar 2024	11.7	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	14.2	+2.5pp	Cons. · Japanese GAAP
FYE Mar 2026	16.9	+2.7pp	Cons. · Japanese GAAP

Definition: The share of revenue left at the ordinary-profit line
Formula: Ordinary profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 11.7%

Average · 10 yrs 9.1%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	9.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	8.8	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2019	9.1	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2020	7.2	−2.0pp	Cons. · Japanese GAAP
FYE Mar 2021	6.1	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	11.7	+5.5pp	Cons. · Japanese GAAP
FYE Mar 2023	8.2	−3.4pp	Cons. · Japanese GAAP
FYE Mar 2024	8.2	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2025	10.0	+1.8pp	Cons. · Japanese GAAP
FYE Mar 2026	11.7	+1.8pp	Cons. · Japanese GAAP

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 62.7%

Average · 10 yrs 65.4%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	64.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	65.8	+0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	65.4	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	67.6	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2021	68.5	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2022	62.4	−6.1pp	Cons. · Japanese GAAP
FYE Mar 2023	65.7	+3.3pp	Cons. · Japanese GAAP
FYE Mar 2024	66.5	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2025	64.7	−1.8pp	Cons. · Japanese GAAP
FYE Mar 2026	62.7	−2.1pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 23.0%

Average · 10 yrs 22.9%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	22.5	n/a	Cons. · Japanese GAAP
FYE Mar 2018	22.2	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2019	22.9	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2020	22.2	−0.7pp	Cons. · Japanese GAAP
FYE Mar 2021	22.7	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2022	23.2	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2023	23.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	23.6	+0.5pp	Cons. · Japanese GAAP
FYE Mar 2025	23.4	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	23.0	−0.4pp	Cons. · Japanese GAAP

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥1.28tn

CAGR · 10 yrs +4.7%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	849	n/a	Cons. · Japanese GAAP
FYE Mar 2018	885	+4.3%	Cons. · Japanese GAAP
FYE Mar 2019	941	+6.4%	Cons. · Japanese GAAP
FYE Mar 2020	932	−1.0%	Cons. · Japanese GAAP
FYE Mar 2021	1,032	+10.7%	Cons. · Japanese GAAP
FYE Mar 2022	1,062	+2.8%	Cons. · Japanese GAAP
FYE Mar 2023	1,036	−2.5%	Cons. · Japanese GAAP
FYE Mar 2024	1,183	+14.3%	Cons. · Japanese GAAP
FYE Mar 2025	1,232	+4.1%	Cons. · Japanese GAAP
FYE Mar 2026	1,283	+4.1%	Cons. · Japanese GAAP

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥995bn

CAGR · 10 yrs +5.0%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	643	n/a	Cons. · Japanese GAAP
FYE Mar 2018	691	+7.4%	Cons. · Japanese GAAP
FYE Mar 2019	741	+7.3%	Cons. · Japanese GAAP
FYE Mar 2020	746	+0.6%	Cons. · Japanese GAAP
FYE Mar 2021	815	+9.3%	Cons. · Japanese GAAP
FYE Mar 2022	845	+3.6%	Cons. · Japanese GAAP
FYE Mar 2023	837	−0.9%	Cons. · Japanese GAAP
FYE Mar 2024	919	+9.8%	Cons. · Japanese GAAP
FYE Mar 2025	960	+4.5%	Cons. · Japanese GAAP
FYE Mar 2026	995	+3.7%	Cons. · Japanese GAAP

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥3.8bn

CAGR · 10 yrs −6.9%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	7.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.9	−31.8%	Cons. · Japanese GAAP
FYE Mar 2019	2.6	−46.8%	Cons. · Japanese GAAP
FYE Mar 2020	2.7	+3.4%	Cons. · Japanese GAAP
FYE Mar 2021	2.5	−7.4%	Cons. · Japanese GAAP
FYE Mar 2022	2.6	+3.4%	Cons. · Japanese GAAP
FYE Mar 2023	3.1	+19.5%	Cons. · Japanese GAAP
FYE Mar 2024	5.6	+82.5%	Cons. · Japanese GAAP
FYE Mar 2025	3.8	−32.1%	Cons. · Japanese GAAP
FYE Mar 2026	3.8	−1.8%	Cons. · Japanese GAAP

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥3.8bn

CAGR · 10 yrs −6.9%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	7.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.9	−31.8%	Cons. · Japanese GAAP
FYE Mar 2019	2.6	−46.8%	Cons. · Japanese GAAP
FYE Mar 2020	2.7	+3.4%	Cons. · Japanese GAAP
FYE Mar 2021	2.5	−7.4%	Cons. · Japanese GAAP
FYE Mar 2022	2.6	+3.4%	Cons. · Japanese GAAP
FYE Mar 2023	3.1	+19.5%	Cons. · Japanese GAAP
FYE Mar 2024	3.0	−1.5%	Cons. · Japanese GAAP
FYE Mar 2025	2.4	−21.0%	Cons. · Japanese GAAP
FYE Mar 2026	3.8	+56.5%	Cons. · Japanese GAAP

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥28bn

CAGR · 10 yrs −2.3%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	34.6	n/a	Cons. · Japanese GAAP
FYE Mar 2018	31.3	−9.6%	Cons. · Japanese GAAP
FYE Mar 2019	30.0	−4.3%	Cons. · Japanese GAAP
FYE Mar 2020	27.9	−6.8%	Cons. · Japanese GAAP
FYE Mar 2021	13.3	−52.3%	Cons. · Japanese GAAP
FYE Mar 2022	29.3	+119.9%	Cons. · Japanese GAAP
FYE Mar 2023	26.7	−8.9%	Cons. · Japanese GAAP
FYE Mar 2024	32.1	+20.1%	Cons. · Japanese GAAP
FYE Mar 2025	29.0	−9.5%	Cons. · Japanese GAAP
FYE Mar 2026	28.1	−3.3%	Cons. · Japanese GAAP

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥9.0bn

CAGR · 10 yrs −2.1%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	10.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	10.1	−7.3%	Cons. · Japanese GAAP
FYE Mar 2019	10.2	+0.7%	Cons. · Japanese GAAP
FYE Mar 2020	9.2	−9.4%	Cons. · Japanese GAAP
FYE Mar 2021	0.5	−94.1%	Cons. · Japanese GAAP
FYE Mar 2022	12.9	+2260.4%	Cons. · Japanese GAAP
FYE Mar 2023	11.9	−7.7%	Cons. · Japanese GAAP
FYE Mar 2024	10.8	−9.5%	Cons. · Japanese GAAP
FYE Mar 2025	9.9	−8.3%	Cons. · Japanese GAAP
FYE Mar 2026	9.0	−8.5%	Cons. · Japanese GAAP

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 77.6%

Average · 10 yrs 78.5%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	75.7	n/a	Cons. · Japanese GAAP
FYE Mar 2018	78.0	+2.3pp	Cons. · Japanese GAAP
FYE Mar 2019	78.7	+0.7pp	Cons. · Japanese GAAP
FYE Mar 2020	80.0	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2021	79.0	−1.0pp	Cons. · Japanese GAAP
FYE Mar 2022	79.6	+0.6pp	Cons. · Japanese GAAP
FYE Mar 2023	80.8	+1.2pp	Cons. · Japanese GAAP
FYE Mar 2024	77.6	−3.2pp	Cons. · Japanese GAAP
FYE Mar 2025	77.9	+0.3pp	Cons. · Japanese GAAP
FYE Mar 2026	77.6	−0.3pp	Cons. · Japanese GAAP

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 0.4%

Average · 10 yrs 0.5%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	1.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.7	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2019	0.4	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2020	0.4	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2021	0.3	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2022	0.3	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2023	0.4	+0.1pp	Cons. · Japanese GAAP
FYE Mar 2024	0.6	+0.2pp	Cons. · Japanese GAAP
FYE Mar 2025	0.4	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	0.4	−0.0pp	Cons. · Japanese GAAP

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 5.7%

Average · 10 yrs 4.8%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	6.3	n/a	Cons. · Japanese GAAP
FYE Mar 2018	5.4	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2019	5.2	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2020	4.1	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2021	2.9	−1.1pp	Cons. · Japanese GAAP
FYE Mar 2022	5.6	+2.7pp	Cons. · Japanese GAAP
FYE Mar 2023	4.1	−1.5pp	Cons. · Japanese GAAP
FYE Mar 2024	3.8	−0.3pp	Cons. · Japanese GAAP
FYE Mar 2025	4.8	+1.0pp	Cons. · Japanese GAAP
FYE Mar 2026	5.7	+0.9pp	Cons. · Japanese GAAP

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 4.4%

Average · 10 yrs 3.8%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	4.8	n/a	Cons. · Japanese GAAP
FYE Mar 2018	4.2	−0.6pp	Cons. · Japanese GAAP
FYE Mar 2019	4.1	−0.1pp	Cons. · Japanese GAAP
FYE Mar 2020	3.3	−0.8pp	Cons. · Japanese GAAP
FYE Mar 2021	2.3	−0.9pp	Cons. · Japanese GAAP
FYE Mar 2022	4.5	+2.1pp	Cons. · Japanese GAAP
FYE Mar 2023	3.3	−1.2pp	Cons. · Japanese GAAP
FYE Mar 2024	2.9	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	3.7	+0.8pp	Cons. · Japanese GAAP
FYE Mar 2026	4.4	+0.7pp	Cons. · Japanese GAAP

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.38×

CAGR · 10 yrs −2.9%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.49	n/a	Cons. · Japanese GAAP
FYE Mar 2018	0.48	−2.5%	Cons. · Japanese GAAP
FYE Mar 2019	0.45	−5.7%	Cons. · Japanese GAAP
FYE Mar 2020	0.46	+1.4%	Cons. · Japanese GAAP
FYE Mar 2021	0.38	−17.2%	Cons. · Japanese GAAP
FYE Mar 2022	0.38	+1.0%	Cons. · Japanese GAAP
FYE Mar 2023	0.40	+4.4%	Cons. · Japanese GAAP
FYE Mar 2024	0.36	−10.5%	Cons. · Japanese GAAP
FYE Mar 2025	0.37	+4.7%	Cons. · Japanese GAAP
FYE Mar 2026	0.38	+0.7%	Cons. · Japanese GAAP

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 ¥61bn

CAGR · 10 yrs +0.1%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	60.1	n/a	Cons. · Japanese GAAP
FYE Mar 2018	50.4	−16.1%	Cons. · Japanese GAAP
FYE Mar 2019	50.5	+0.1%	Cons. · Japanese GAAP
FYE Mar 2020	56.4	+11.7%	Cons. · Japanese GAAP
FYE Mar 2021	41.1	−27.1%	Cons. · Japanese GAAP
FYE Mar 2022	58.5	+42.4%	Cons. · Japanese GAAP
FYE Mar 2023	45.5	−22.3%	Cons. · Japanese GAAP
FYE Mar 2024	44.7	−1.7%	Cons. · Japanese GAAP
FYE Mar 2025	47.9	+7.2%	Cons. · Japanese GAAP
FYE Mar 2026	60.8	+26.9%	Cons. · Japanese GAAP

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥28bn

Average · 10 yrs -¥36bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-111	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-29.9	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-41.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-38.7	n/a	Cons. · Japanese GAAP
FYE Mar 2021	0.5	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-70.5	−13283.9%	Cons. · Japanese GAAP
FYE Mar 2023	-23.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	7.5	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-26.4	−452.0%	Cons. · Japanese GAAP
FYE Mar 2026	-27.5	n/a	Cons. · Japanese GAAP

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 -¥21bn

Average · 10 yrs -¥12bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-11.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	-9.3	n/a	Cons. · Japanese GAAP
FYE Mar 2019	-12.0	n/a	Cons. · Japanese GAAP
FYE Mar 2020	-10.6	n/a	Cons. · Japanese GAAP
FYE Mar 2021	-11.0	n/a	Cons. · Japanese GAAP
FYE Mar 2022	-9.4	n/a	Cons. · Japanese GAAP
FYE Mar 2023	-9.5	n/a	Cons. · Japanese GAAP
FYE Mar 2024	-15.0	n/a	Cons. · Japanese GAAP
FYE Mar 2025	-16.1	n/a	Cons. · Japanese GAAP
FYE Mar 2026	-20.8	n/a	Cons. · Japanese GAAP

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥130bn

CAGR · 10 yrs +14.9%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	37.0	n/a	Cons. · Japanese GAAP
FYE Mar 2018	48.3	+30.4%	Cons. · Japanese GAAP
FYE Mar 2019	45.8	−5.2%	Cons. · Japanese GAAP
FYE Mar 2020	53.2	+16.3%	Cons. · Japanese GAAP
FYE Mar 2021	83.9	+57.6%	Cons. · Japanese GAAP
FYE Mar 2022	62.4	−25.6%	Cons. · Japanese GAAP
FYE Mar 2023	74.9	+20.0%	Cons. · Japanese GAAP
FYE Mar 2024	112	+50.1%	Cons. · Japanese GAAP
FYE Mar 2025	118	+5.1%	Cons. · Japanese GAAP
FYE Mar 2026	130	+9.6%	Cons. · Japanese GAAP

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 ¥33bn

Average · 10 yrs ¥15bn

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	-51.2	n/a	Cons. · Japanese GAAP
FYE Mar 2018	20.5	n/a	Cons. · Japanese GAAP
FYE Mar 2019	9.5	−53.7%	Cons. · Japanese GAAP
FYE Mar 2020	17.7	+85.9%	Cons. · Japanese GAAP
FYE Mar 2021	41.6	+135.7%	Cons. · Japanese GAAP
FYE Mar 2022	-12.0	−128.9%	Cons. · Japanese GAAP
FYE Mar 2023	21.7	n/a	Cons. · Japanese GAAP
FYE Mar 2024	52.2	+140.0%	Cons. · Japanese GAAP
FYE Mar 2025	21.5	−58.7%	Cons. · Japanese GAAP
FYE Mar 2026	33.3	+54.5%	Cons. · Japanese GAAP

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 12.5%

Average · 10 yrs 12.1%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	14.4	n/a	Cons. · Japanese GAAP
FYE Mar 2018	11.9	−2.5pp	Cons. · Japanese GAAP
FYE Mar 2019	11.9	−0.0pp	Cons. · Japanese GAAP
FYE Mar 2020	13.2	+1.3pp	Cons. · Japanese GAAP
FYE Mar 2021	10.5	−2.7pp	Cons. · Japanese GAAP
FYE Mar 2022	14.4	+3.9pp	Cons. · Japanese GAAP
FYE Mar 2023	11.0	−3.4pp	Cons. · Japanese GAAP
FYE Mar 2024	10.5	−0.4pp	Cons. · Japanese GAAP
FYE Mar 2025	10.4	−0.2pp	Cons. · Japanese GAAP
FYE Mar 2026	12.5	+2.2pp	Cons. · Japanese GAAP

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 ¥126bn

CAGR · 10 yrs +17.3%

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	29.9	n/a	Cons. · Japanese GAAP
FYE Mar 2018	43.4	+45.4%	Cons. · Japanese GAAP
FYE Mar 2019	43.2	−0.6%	Cons. · Japanese GAAP
FYE Mar 2020	50.5	+17.1%	Cons. · Japanese GAAP
FYE Mar 2021	81.4	+61.1%	Cons. · Japanese GAAP
FYE Mar 2022	59.8	−26.5%	Cons. · Japanese GAAP
FYE Mar 2023	71.8	+20.1%	Cons. · Japanese GAAP
FYE Mar 2024	107	+48.7%	Cons. · Japanese GAAP
FYE Mar 2025	114	+7.1%	Cons. · Japanese GAAP
FYE Mar 2026	126	+9.9%	Cons. · Japanese GAAP

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥822bn

Change · 10 yrs +¥317bn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	505	n/a
FYE Mar 2018	498	n/a
FYE Mar 2019	437	n/a
FYE Mar 2020	319	n/a
FYE Mar 2021	383	n/a
FYE Mar 2022	338	n/a
FYE Mar 2023	300	n/a
FYE Mar 2024	612	n/a
FYE Mar 2025	808	n/a
FYE Mar 2026	822	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 3,147¥

Change · 10 yrs +1,234¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	1,913	n/a
FYE Mar 2018	1,888	n/a
FYE Mar 2019	1,658	n/a
FYE Mar 2020	1,209	n/a
FYE Mar 2021	1,450	n/a
FYE Mar 2022	1,283	n/a
FYE Mar 2023	1,136	n/a
FYE Mar 2024	2,319	n/a
FYE Mar 2025	3,063	n/a
FYE Mar 2026	3,147	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 261,220,180shares

Change · 10 yrs −2,601,900 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	263,822,080	Parent
FYE Mar 2018	263,822,080	Parent
FYE Mar 2019	263,822,080	Parent
FYE Mar 2020	263,822,080	Parent
FYE Mar 2021	263,822,080	Parent
FYE Mar 2022	263,822,080	Parent
FYE Mar 2023	263,822,080	Parent
FYE Mar 2024	263,822,080	Parent
FYE Mar 2025	263,822,080	Parent
FYE Mar 2026	261,220,180	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 228.07¥

Change · 10 yrs +67.29¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	160.78	Cons.
FYE Mar 2018	147.53	Cons.
FYE Mar 2019	152.07	Cons.
FYE Mar 2020	119.67	Cons.
FYE Mar 2021	94.18	Cons.
FYE Mar 2022	185.95	Cons.
FYE Mar 2023	133.61	Cons.
FYE Mar 2024	136.41	Cons.
FYE Mar 2025	183.42	Cons.
FYE Mar 2026	228.07	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 3,808.86¥

Change · 10 yrs +1,372.66¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	2,436.19	Cons. · Japanese GAAP
FYE Mar 2018	2,617.65	Cons. · Japanese GAAP
FYE Mar 2019	2,809.31	Cons. · Japanese GAAP
FYE Mar 2020	2,826.32	Cons. · Japanese GAAP
FYE Mar 2021	3,089.54	Cons. · Japanese GAAP
FYE Mar 2022	3,201.94	Cons. · Japanese GAAP
FYE Mar 2023	3,171.68	Cons. · Japanese GAAP
FYE Mar 2024	3,481.87	Cons. · Japanese GAAP
FYE Mar 2025	3,637.61	Cons. · Japanese GAAP
FYE Mar 2026	3,808.86	Cons. · Japanese GAAP

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 13.80×

Average · 10 yrs 12.40×

Fiscal year	PER ×	Basis
FYE Mar 2017	11.90	Cons.
FYE Mar 2018	12.80	Cons.
FYE Mar 2019	10.90	Cons.
FYE Mar 2020	10.10	Cons.
FYE Mar 2021	15.40	Cons.
FYE Mar 2022	6.90	Cons.
FYE Mar 2023	8.50	Cons.
FYE Mar 2024	17.00	Cons.
FYE Mar 2025	16.70	Cons.
FYE Mar 2026	13.80	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 0.78×

Average · 10 yrs 0.58×

Fiscal year	PBR ×	Basis
FYE Mar 2017	0.76	Cons.
FYE Mar 2018	0.69	Cons.
FYE Mar 2019	0.57	Cons.
FYE Mar 2020	0.41	Cons.
FYE Mar 2021	0.45	Cons.
FYE Mar 2022	0.39	Cons.
FYE Mar 2023	0.35	Cons.
FYE Mar 2024	0.64	Cons.
FYE Mar 2025	0.80	Cons.
FYE Mar 2026	0.78	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 5,933people

Change · 10 yrs +1,565 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	4,368	n/a	Cons.
FYE Mar 2018	4,425	+1.3%	Cons.
FYE Mar 2019	4,544	+2.7%	Cons.
FYE Mar 2020	4,732	+4.1%	Cons.
FYE Mar 2021	4,764	+0.7%	Cons.
FYE Mar 2022	5,096	+7.0%	Cons.
FYE Mar 2023	5,101	+0.1%	Cons.
FYE Mar 2024	5,486	+7.5%	Cons.
FYE Mar 2025	5,771	+5.2%	Cons.
FYE Mar 2026	5,933	+2.8%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 235people

Change · 10 yrs +52 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	183	n/a	Parent
FYE Mar 2018	204	+11.5%	Parent
FYE Mar 2019	208	+2.0%	Parent
FYE Mar 2020	201	−3.4%	Parent
FYE Mar 2021	198	−1.5%	Parent
FYE Mar 2022	199	+0.5%	Parent
FYE Mar 2023	201	+1.0%	Parent
FYE Mar 2024	220	+9.5%	Parent
FYE Mar 2025	227	+3.2%	Parent
FYE Mar 2026	235	+3.5%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 1,398万円

Change · 8 yrs +26万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	1,373	n/a	Parent
FYE Mar 2020	1,401	+2.1%	Parent
FYE Mar 2021	1,385	−1.2%	Parent
FYE Mar 2022	1,379	−0.4%	Parent
FYE Mar 2023	1,358	−1.5%	Parent
FYE Mar 2024	1,297	−4.5%	Parent
FYE Mar 2025	1,390	+7.2%	Parent
FYE Mar 2026	1,398	+0.6%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 48.6years

Change · 8 yrs −0.2 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	48.8	n/a	Parent
FYE Mar 2020	49.2	+0.8%	Parent
FYE Mar 2021	48.6	−1.2%	Parent
FYE Mar 2022	48.0	−1.2%	Parent
FYE Mar 2023	48.2	+0.4%	Parent
FYE Mar 2024	48.1	−0.2%	Parent
FYE Mar 2025	48.7	+1.2%	Parent
FYE Mar 2026	48.6	−0.2%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 17.0years

Change · 8 yrs −2.0 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	19.0	n/a	Parent
FYE Mar 2020	19.9	+4.7%	Parent
FYE Mar 2021	18.7	−6.0%	Parent
FYE Mar 2022	20.3	+8.6%	Parent
FYE Mar 2023	16.3	−19.7%	Parent
FYE Mar 2024	16.1	−1.2%	Parent
FYE Mar 2025	17.4	+8.1%	Parent
FYE Mar 2026	17.0	−2.3%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 5,371people

Change · 10 yrs +1,224 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	4,147	n/a	n/a
FYE Mar 2018	5,236	+26.3%	n/a
FYE Mar 2019	5,383	+2.8%	n/a
FYE Mar 2020	5,155	−4.2%	n/a
FYE Mar 2021	4,563	−11.5%	n/a
FYE Mar 2022	4,590	+0.6%	n/a
FYE Mar 2023	4,627	+0.8%	n/a
FYE Mar 2024	4,848	+4.8%	n/a
FYE Mar 2025	5,202	+7.3%	n/a
FYE Mar 2026	5,371	+3.2%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥81.6m

Change · 10 yrs −¥13.8m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	95.4	n/a	Cons.
FYE Mar 2018	95.7	+0.4%	Cons.
FYE Mar 2019	93.5	−2.3%	Cons.
FYE Mar 2020	90.2	−3.6%	Cons.
FYE Mar 2021	82.1	−8.9%	Cons.
FYE Mar 2022	79.7	−2.9%	Cons.
FYE Mar 2023	81.2	+1.8%	Cons.
FYE Mar 2024	77.2	−4.9%	Cons.
FYE Mar 2025	80.0	+3.7%	Cons.
FYE Mar 2026	81.6	+2.0%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥11.7m

Change · 10 yrs −¥0.3m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	12.0	n/a	Cons.
FYE Mar 2018	11.5	−4.2%	Cons.
FYE Mar 2019	10.9	−4.9%	Cons.
FYE Mar 2020	9.1	−16.8%	Cons.
FYE Mar 2021	7.2	−20.5%	Cons.
FYE Mar 2022	11.5	+58.9%	Cons.
FYE Mar 2023	9.1	−20.7%	Cons.
FYE Mar 2024	7.6	−16.4%	Cons.
FYE Mar 2025	9.5	+24.7%	Cons.
FYE Mar 2026	11.7	+22.8%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

Disclaimer

Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.

Accuracy, liability, reuse and privacy — the full disclaimer →

Data API

Nippon Television Holdings’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/9404/company.json ·/api/9404/history.json ·/api/9404/ceo.json ·/api/9404/financials.json ·/api/9404/financials/segment.json ·/api/9404/financials/pl.json ·/api/9404/financials/cf.json ·/api/9404/financials/bs.json ·/api/9404/financials/employee.json ·/api/9404/financials/stock.json ·/api/9404/financials.csv ·/api/9404/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json