Corporate Outline
Business Overview
In FY2011, the Japanese economy, supported by strong manufacturing and export sectors, continued to show new signs of improvement. On March 11, 2011, however, the Great East Japan Earthquake changed everything, destroying production facilities, thwarting distribution, and necessitating brownouts. As a result, production decreased by a large measure in various sectors, putting significant downward pressure on the Japanese economy.
In the broadcasting industry, tepid spot advertising sales began showing some improvement in the latter half of FY2010, and time sales seemed to end their decline during the latter half of FY2011. Nevertheless, the Great East Japan Earthquake has also negatively affected the broadcasting industry, with conditions in the spot sales market worsening.
During this period, the TBS Group celebrated its 60th anniversary, proactively holding special events, creating major sports programs, and implementing a range of initiatives to strengthen programming in our key television and radio businesses. At the same time, with a view to expanding core business earnings and product sales through a variety of routes, we held a series of programming-related events at akasaka Sacas.
Consolidated FY2011 TBS Group financial results were as follows: Sales decreased 2.4% from FY2010 to ¥342.754 billion. Ordinary profit increased 136.1% from FY2010 to ¥9.215 billion. Including a loss arising from a revaluation of investment securities, net income amounted to ¥0.130 billion, an increase in the bottom line of ¥2.417 billion from FY2010.
Until FY2011, the TBS group had divided its business operations into “broadcasting,” “program sales and cultural events,” “real estate,” and “other.” Starting in FY2011, we have eliminated “other,” retaining the first three categories. For the sake of comparing FY2011 results with those of FY2010 in this report, we have recalculated FY2010 results based on the new three-category system.
Corporate Overview
Corporate Information
| Date Established | May 10, 1951 (Commemorated May 17) |
| Company Name | Tokyo Broadcasting System Holdings, Inc. |
| Head Office | 5-3-6 Akasaka, Minato-ku, Tokyo 107-8006 Japan |
| Paid-in Capital | 54,986,892,896 yen |
| Business Activities | Authorized broadcast holding company, administration and management of subsidiaries, real estate, television stations (JORX-TV, Channel 6), terrestrial digital broadcasting (JORX-DTV, Channel 22), radio broadcasting (JOKR 954 kHz) |
Major Shareholders (As of March 31, 2011)
| Shareholder | Number of Sharesheld | Perentage Held |
|---|---|---|
| Rakuten, Inc. | 37,770,700 | 19.83 |
| The Master Trust Bank of Japan, Ltd. (pension trust account held for Dentsu, Inc.) | 9,310,500 | 4.88 |
| The Master Trust Bank of Japan, Ltd. (trust account) | 8,249,900 | 4.33 |
| Nippon Life Insurance Co. | 7,821,735 | 4.10 |
| Mainichi Broadcasting System, Inc. | 6,166,000 | 3.23 |
| Sumitomo Mitsui Banking Corp. | 5,745,267 | 3.01 |
| Mitsui Fudosan Co., Ltd. | 5,713,728 | 3.00 |
| Mitsui & Co., Ltd. | 4,288,000 | 2.25 |
| Bic Camera, Inc. | 4,190,000 | 2.20 |
| Kodansha, Ltd. | 3,771,200 | 1.98 |
Revenue Breakdown
Year Ended March 31, 2011 (Billion of yen)
TBS Group : Principal Activities
The TBS Group is engaged mainly in television and radio broadcasting, production and sales of visual and audio media, cultural productions, and associated maintenance and other services. TBS was engaged in the following activities during FY2011
| Segment | Activities |
|---|---|
| Broadcasting | Broadcasting, broadcasting-related ventures, program production, video, art production, computer graphics, audio, lighting, camera reportage, cable television, video development, and surveys and research |
| Program sales and cultural events | Events, baseball promotion, planning and production of visual media, production and sale of video and audio media, planning and production of audio media, retailing, mail order sales, manufacture and sale of cosmetics, eating and drinking establishments, manufacture and sale of confections |
| Real estate | Real estate leasing, maintenance and service, studio management, heating and cooling, parking facility management, leasing of machinery, insurance agents |