Nippon Television Holdings (9404) · RiskMitigated
Turnaround of the Radio Business
First written in FY2016. 1 of 2 entries say "Materialised", first in FY2016. Latest entry: FY2017.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Management turnaround of the radio business and the ongoing risk of negative net worthA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
No other company in this theme has enough history to compare yet.
Full recordFilings, disclosures and news, newest first
- FY2017MitigatedAnnual report
「The company secured operating profit in the current consolidated fiscal year through a business turnaround centred on cost control, but remains technically insolvent.」
The radio business secured operating profit, but negative net worth continues and turnaround risks remain. - FY2016MaterialisedAnnual report
「As the radio advertising market continues to shrink each year, the company posted an operating loss for the second consecutive fiscal period and recorded an impairment loss on broadcasting equipment, leaving it technically insolvent at the end of the current consolidated fiscal year.」
The shrinking advertising market has resulted in operating losses for 2 consecutive fiscal periods, impairment losses and negative net worth. The company has stated its policy of supporting the business turnaround.