1. Japan Stocks

  2. •

    Communication Services

  3. •

    Broadcasting
TBS Holdings,Inc.

TBS Holdings,Inc.

TKOBF
TBS Holdings,Inc.US flagOther OTC
16.09
USD
- -
- -
2.45BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
2,249.24
2,148.19
1,998.33
2,036.22
2,072.41
2,097.44
2,048.94
1,906.29
2,097.08
2,184.38
2,402.3
2,528.7
2,221.05
1,259.02
Basic EPS, GAAP
61.22
79.12
83.12
92.46
98.38
144.3
173.28
164.31
187.35
208.76
232.28
273.04
273.04
175.05
Free Cash Flow per Basic Share
70.37
115.09
136.87
147.78
147.46
33.52
21.32
-111.94
-187.32
14.21
92.76
-20.58
-34.1
- -
Dividend per Share
18.9
20.93
20.12
26.97
31.99
31
30.06
32.14
30
42.32
45.16
50.35
64.45
- -
Book Value per Share
1,844.23
1,851.01
1,781.31
1,845.7
1,815.73
1,925.71
2,073.86
2,245.93
2,416.29
2,615.91
2,873
3,154.66
2,861.04
3,102.8
Tangible Book Value per Share
2,260.8
2,648.86
2,474.83
2,828.22
3,304.28
3,315.8
3,284.2
4,540.05
5,068.72
4,635.94
6,682.86
5,591.65
5,680.08
6,038.89
Basic Weighted Avg Shares
158
162
174
175
175
175
174
171
171
169
164
161
191
162
Sales/Revenue/Turnover
354,338
347,817
348,539
355,363
361,954
366,353
356,796
325,682
358,269
368,130
394,309
406,700
424,850
203,496
Operating Margin (%)
4.43
4.52
4.93
5.59
5.19
5.07
3.67
3.33
5.68
5.65
3.85
4.79
5.83
3.16
Depreciation Expense
16,777
16,118
15,824
15,410
16,662
16,693
16,639
16,547
15,575
15,203
16,883
17,754
18,265
- -
Net Income, GAAP
9,644
12,811
14,497
16,136
17,182
25,205
30,174
28,072
32,008
35,182
38,126
43,914
52,228
28,294
Effective Tax Rate (%)
36.03
33.78
32.29
33.68
34.17
34.4
33.83
36.49
31.71
32.65
31.63
34.72
35.18
30.13
Profit Margin (%)
2.72
3.68
4.16
4.54
4.75
6.88
8.46
8.62
8.93
9.56
9.67
10.8
12.29
13.9
Working Capital
47,145
68,055
54,200
68,248
62,278
64,093
77,779
103,877
123,100
104,999
59,406
93,176
158,972
87,349
LT Debt
56,120
54,493
23,229
18,001
3,679
2,233
1,336
27,436
26,186
208
3,485
13,001
72,295
3,440
Total Equity
385,969
456,117
458,207
517,429
600,949
601,289
591,928
794,883
883,000
796,183
1,149,945
949,231
1,135,388
1,027,648
Return on Invested Capital (%)
2.17
2.11
2.24
2.47
2.1
1.96
1.42
0.95
1.58
1.61
1.04
1.18
1.45
0.46
Return on Capital (%)
2.22
3.33
3.7
4.24
4.62
6.84
8
7.01
7.16
7.32
7.63
8.29
8.9
5.54
Return on Common Equity (%)
3.36
4.34
4.75
5.1
5.38
7.71
8.65
7.54
8.04
8.24
8.36
8.97
9.9
5.97

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
400
- -
400
LT Borrowings
3,383
- -
3,183
LT Finance Leases
102
- -
257
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
162
- -
162
Market Capitalization
401,863
418,646
373,815

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
154,399
- -
180,244
Cash, Cash Equivalents & STI
43,738
- -
67,395
Accounts Receivable, Net
74,375
- -
74,976
Inventories
19,200
- -
17,622
Total Current Liabilities
94,993
- -
92,895
Payables & Accruals
- -
- -
- -
ST Debt
400
- -
400
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.97%
9.57%
19.61%
Free Cash Flow
-24.99%
94.22%
97.04%
Net Income, GAAP
14.36%
13.28%
18.93%
Sales/Revenue/Turnover
2.12%
5.49%
4.46%
Total Cash Common Dividend
14.92%
19.58%
52.24%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
94,777
96,036
104,652
98,844
394,309
2025
- -
- -
- -
- -
406,700
2026
- -
- -
- -
- -
424,850

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
58.91
- -
- -
- -
232.28
2025
- -
- -
- -
- -
273.04
2026
- -
- -
- -
- -
273.04

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
45.16
2025
- -
- -
- -
- -
50.35
2026
- -
- -
- -
- -
64.45

Company Description

APIChatGPT
CEO
Ryujiro Abe
Full Time Employees
8,518
Sector
Communication Services
Industry
Broadcasting
Address
5-3-6 Akasaka Tokyo TY Japan 107-8006
IPO Date
Feb 10, 2022
Website
tbsholdings.co.jp
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Business
TBS Holdings,Inc. functions as a diversified holding entity engaged in broadcasting, content creation, lifestyle, and property ventures predominantly within Japan. The Media and Content sector encompasses television and radio broadcasting operations, along with associated production activities; it also devises, develops, disseminates, and markets visual, auditory, and musical content. This segment actively invests in cable television and video projects, with a strong current focus on global content expansion and IP development across anime, drama, and entertainment formats. The company's Lifestyle division manages mail-order retail, a range of general merchandise sales, the production and distribution of cosmetic items, beauty and wellness services, and extends into educational services including private tutoring and early childhood learning. Furthermore, the Real Estate and Other Business segment handles the leasing, upkeep, and administration of real estate holdings; it oversees studio and climate control facilities, manages parking amenities, facilitates equipment leasing, and operates as an insurance broker. Formerly known as Tokyo Broadcasting System Holdings, Inc., the organization rebranded to TBS Holdings,Inc. in October 2020. Established in 1951, TBS Holdings,Inc. maintains its headquarters in Tokyo, Japan. The company is strategically shifting to become a global content powerhouse, fostering international partnerships for content distribution, co-production, and investing in advanced production technologies. Recent initiatives include collaborations with major entertainment groups for format distribution and alliances with streaming platforms to expand its content reach worldwide.