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Nippon Television Holdings (9404) · FactImpairment loss recognized on the Paris 2024 broadcasting rights fee

Recognition of an Impairment Loss on a Major Sports Program

First written in FY2018-Q3. 1 of 3 entries say "Restated". Latest entry: FY2024.

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ProgressHeldSoftenedWorseFirst statedFY2018-Q3 – FY20242018: 220182019: 020192020: 020202021: 020212022: 020222023: 020232024: 12024
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  1. FY2024Impairment loss recognized on the Paris 2024 broadcasting rights feeAnnual report

    「Expenses increased by ¥1,804 million, or 2.1%, year on year to ¥89,331 million, mainly due to the recognition of an impairment loss on the broadcasting rights fee for the Paris 2024 Olympics. (Figures for Nippon Television Network Corporation.)」

    The impairment loss relating to the broadcasting rights fee for the Paris 2024 Olympics is cited as a full-year factor behind the increase in expenses for major sports programs.
  2. FY2018RestatedAnnual report

    「Operating expenses, comprising cost of sales and selling, general and administrative expenses, increased by ¥8,520 million, or 2.3%, from the previous consolidated fiscal year to ¥372,698 million, due to higher expenses accompanying revenue growth, higher depreciation and amortization, and the recognition of an impairment loss on a major sports program.」

    The recognition of an impairment loss on a major sports program is reiterated as a factor behind the full-year increase in operating expenses.
  3. FY2018-Q3First statedAnnual report

    「Operating expenses, comprising cost of sales and selling, general and administrative expenses, increased by ¥6,785 million, or 2.5%, year on year to ¥279,788 million, due to higher expenses accompanying revenue growth in the Media and Content business, higher depreciation and amortization, and the recognition of an impairment loss on a major sports program.」

    The recognition of a new impairment loss on a major sports program is cited as a factor behind the increase in operating expenses.
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Recognition of an Impairment Loss on a Major Sports Program | Nippon Television Holdings,Inc. (9404) | Komori