- TBS Holdings increases its full-year operating income forecast to 24.00 billion yen, up from a previous forecast of 21.50 billion yen. This falls short of the market estimate of 24.59 billion yen.
- The company expects net sales of 431.00 billion yen, slightly improving from the prior forecast of 425.00 billion yen and just below the market estimate of 426.75 billion yen.
- Projected dividends are set at 73.00 yen, higher than the earlier forecast of 70.00 yen but below the estimated 74.40 yen.
- The outlook for net income remains at 52.50 billion yen, which exceeds the market estimate of 46.48 billion yen.
- In the second quarter, TBS Holdings reported operating income of 7.28 billion yen, marking a 9.9% year-over-year increase, surpassing estimates of 6.06 billion yen.
- Net income in the second quarter rose by 44% year-over-year to 27.70 billion yen.
- Net sales for the second quarter reached 110.03 billion yen, an 11% increase year-over-year, beating the 106.85 billion yen estimate.
- Analyst recommendations consist of 3 “buys,” 4 “holds,” and no “sells.”
A look at Tokyo Broadcasting System Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tokyo Broadcasting System Holdings, Inc., a prominent media company in Japan, appears to have a positive long-term outlook based on its Smartkarma Smart Scores. With impressive scores in key areas such as Value, Growth, Resilience, and Momentum, the company seems well-positioned for future success. Tokyo Broadcasting System excels in providing a diverse range of television and radio programs nationwide, including TV programs, film production, visual and music software production, and cable television programming. Moreover, its digital satellite broadcasting services and real estate business further contribute to its robust performance potential.
Tokyo Broadcasting System‘s high scores in Value, Growth, Resilience, and Momentum highlight its strong fundamentals and promising prospects in the media industry. While the company’s Dividend score may be lower, its overall outlook remains positive due to its solid performance across other key factors. As Tokyo Broadcasting System continues to lead the way in broadcasting and entertainment services, investors may find the company to be an attractive long-term investment opportunity.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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