Nippon BS Broadcasting Corporation reported cumulative third-quarter revenue of ¥8.851 billion, up 1.2% year on year, while profit declined due to higher expenses. Full-year revenue is forecast at ¥12.576 billion, up 6.5% from the previous fiscal year.
Nippon BS Broadcasting Corporation reported cumulative third-quarter revenue of ¥8.851 billion, up 1.2% year on year, with growth in income from other businesses indicating a shift in its revenue structure. Profit declined, however, due to higher expenses, including content investments.
Recent performance has remained flat over the past 12 quarters. Net profit margin and operating profit margin declined year on year, pointing to slowing profitability, while the equity ratio remained high and financial stability was maintained.
For the full year, revenue is forecast at ¥12.576 billion, up 6.5% from the previous fiscal year. The date of the next earnings announcement has not yet been determined.