Introducing a Shareholder Special Benefit conduct company (Nippon BS Broadcasting Corporation)

Today I will talk about one of Japan's satellite broadcasters, Nippon BS Broadcasting Corporation. They broadcast digital high-definition content under the name of BS11. 

Note: The above images are from Nippon BS Broadcasting Corporation’s website.

 

9414 Nippon BS Broadcasting Corporation

Japan BS Broadcasting basically targets viewers in their 50s or older, and it features a relatively large number of news, news reports, and educational programs.
Due to sluggish sales growth and excessive production costs in the first fiscal year, a large deficit has been made, and they have changed its cost-intensive live broadcasting channels and strengthened external procurement such as Korean dramas and past broadcast dramas.
In-house production has also entered public gambling broadcasts such as horse racing and motorboat races, and in recent years has turned to a comprehensive entertainment route for adults such as history, travel, entertainment and golf.

 

1,080 4/26 last closing price) The latest stock price← click here  Trading unit: 100  

The final month of the settlement: August  Dividend yield 1.85%   PER 13.73  PBR 1.12

Equity ratio 87.6%

 

In the business results, both sales and operating income have continued to gradually increase.
Because they are a subsidiary of BIC CAMERA, in addition to dividends, as a special shareholder benefit you can receive a 1,000 yen gift certificate twice a year which can be used at all BIC Camera Group stores.
The gift certificate will be increased by 1,000 yen if holding for more than 1 year (3,000 yen in a year), so I recommend long-term holding.

 

Nippon BS Broadcasting Corporation special benefits ← For details click here

 

Transition of business results

 

Net sales

Operating

profit

Net profit

Net profit

per share

dividend

Dividend

payout ratio

2016.8

10,212

2,108

1,460

82.0

17

21%

2017.8

11,569

2,227

1,518

85.3

18

21%

2018.8

12,494

2,427

1,659

93.2

19

20%

2019.8

14,000

2,000

1,400

78.6

20

25%

Unit of sales, operating profit, net income is one-million yen

The figure for August, 2019 is the predicted value

 

Cash flow statement

2018.8

2017.8

CF operating activities

2,049

1,542

CF investing activities

149

91

CF financing activities

327

312

One unit is one hundred million yen

Note: You should be responsible for your own investment. Please make your own final judgment.