TV Asahi Holdings Corporation reported consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 295,879 million, operating income of JPY 17,278 million, ordinary income of JPY 21,947 million and profit attributable to owners of the parent of JPY 15,949 million or JPY 148.66 per share as compared to net sales of JPY 280,779 million, operating income of JPY 16,570 million, ordinary income of JPY 18,509 million and profit attributable to owners of the parent of JPY 12,169 million or JPY 112.39 per share for the same period a year ago. Income before income taxes was JPY 23,446 million compared to JPY 19,350 million a year ago. Net cash provided by operating activities was JPY 23,464 million compared to JPY 13,022 million a year ago. Purchase of tangible assets was JPY 9,972 million compared to JPY 8,221 million a year ago. Purchase of intangible assets was JPY 1,380 million compared to JPY 1,969 million a year ago.

The company provided consolidated earnings guidance for the six months ending September 30, 2017 and year ending March 31, 2018. For the six months ending September 30, 2017, the company expects net sales of JPY 151,000 million, operating income of JPY 7,500 million, ordinary income of JPY 8,000 million and profit attributable to owners of the parent of JPY 5,500 million or JPY 51.29 per share.

For the year ending March 31, 2018, the company expects net sales of JPY 304,000 million, operating income of JPY 17,500 million, ordinary income of JPY 18,000 million and profit attributable to owners of the parent of JPY 12,000 million or JPY 111.90 per share.
The company declared a year end dividend of JPY 20.00 per share for the year ended March 31, 2017 compared to JPY 20.00 per share a year ago.

For the year ending March 31, 2018, the company expects to pay a total annual dividend of JPY 40.00 per share compared to JPY 40.00 per share a year ago.