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TBS Holdings,Inc. (9401.T)

JPY6,393.00 +73.00 (+1.16%)
JP JPX Communication Services Broadcasting
Address 5-3-6 Akasaka 107-8006
Tokyo, JP
CEO Ryujiro Abe
IPO 2001-01-01
ISIN JP3588600001

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Also trades on Other OTC · TKOBF (USD) Tokyo Stock Exchange · 9401.T (JPY)
Description

TBS Holdings, Inc., a company primarily operating in Japan, is involved in diverse fields including broadcasting, video and cultural production, and real estate. Its broadcasting activities cover television and radio, along with related services. The company also focuses on planning, producing, distributing, and selling various forms of media software, such as video, audio, and music. Beyond media, TBS Holdings engages in the retail of general merchandise, the manufacturing and sale of cosmetic products, mail-order commerce, and the restaurant business. Its real estate ventures involve leasing, maintaining, and servicing properties, in addition to operating and managing parking facilities. Other services include studio and air conditioning management, providing staffing and accounting assistance, land rental, heat supply, and equipment leasing. Furthermore, the company acts as a general insurance agent. Initially known as Tokyo Broadcasting System Holdings, Inc., the company officially changed its name to TBS Holdings, Inc. in October 2020. Established in 1951, TBS Holdings, Inc. is headquartered in Tokyo, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY6,393.00 +73.00 (+1.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
259.2K
Beta
0.31
Float Shares
72.98M
Free Float %
46.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.06% +4.67% +1.84% +3.09% +7.05% +1.92% +25.26% +170.14% +208.15% +288.67% +75.59%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6,393.00
DCF (Unlevered) 1,698.27 -73.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 +1
Hold 3 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.08
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Broadcasting: +0.6%
    +4.5% Q1'26: +1.7% (vs Q1'25)
  • EPS growth Broadcasting: +26.7%
    +21.4% Q1'26: -2,074.3% (vs Q1'25)
  • FCF margin FCF growth · Broadcasting: +22.9%
    -2.9% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Broadcasting: +5.6%
    +5.8% Q1'26: +0.2% (vs Q1'25)
  • ROIC Broadcasting: +2.6%
    +1.5% Q1'26: +0.1% (vs Q1'25)
  • Share dilution Broadcasting: 0.0%
    -2.0% Q1'26: +1.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Broadcasting: -1.02×
    1.73× Q1'26: 3.71× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 93% × Ke + 7% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,693.84 Current price: 6,393.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
5 Rev. Ana.
5 EPS Ana.
Mar 2027
4 Rev. Ana.
2 EPS Ana.
Mar 2028
6 Rev. Ana.
6 EPS Ana.
Mar 2029
3 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
347.82B
est: 348.27B (-0.1%)
348.54B
est: 348.45B (+0.0%)
355.36B
est: 354.42B (+0.3%)
361.95B
est: 363.18B (-0.3%)
366.35B
est: 367.48B (-0.3%)
356.80B
est: 364.68B (-2.2%)
325.68B
est: 332.71B (-2.1%)
358.27B
est: 358.28B (0.0%)
368.13B
est: 368.12B (+0.0%)
394.31B
est: 398.14B (-1.0%)
406.70B
est: 404.19B (+0.6%)
427.98B
424.30B – 432.35B
+5.9% YoY
438.30B
432.99B – 442.19B
+2.4% YoY
448.19B
434.24B – 461.58B
+2.3% YoY
465.40B
464.62B – 466.18B
+3.8% YoY
484.45B
473.92B – 493.90B
+4.1% YoY
497.50B
486.68B – 507.21B
+2.7% YoY
EBITDA
32.10B
est: 66.65B (-51.8%)
33.24B
est: 66.68B (-50.2%)
35.40B
est: 67.82B (-47.8%)
35.54B
est: 69.50B (-48.9%)
35.30B
est: 70.32B (-49.8%)
29.79B
est: 69.79B (-57.3%)
27.44B
est: 63.67B (-56.9%)
35.95B
est: 68.56B (-47.6%)
36.03B
est: 70.44B (-48.9%)
32.11B
est: 37.59B (-14.6%)
37.26B
est: 38.16B (-2.4%)
40.40B
40.06B – 40.82B
+5.9% YoY
41.38B
40.88B – 41.75B
+2.4% YoY
42.31B
41.00B – 43.58B
+2.3% YoY
43.94B
43.86B – 44.01B
+3.8% YoY
45.74B
44.74B – 46.63B
+4.1% YoY
46.97B
45.95B – 47.88B
+2.7% YoY
EBIT
15.73B
est: 51.14B (-69.2%)
17.18B
est: 51.17B (-66.4%)
19.88B
est: 52.04B (-61.8%)
18.80B
est: 53.33B (-64.7%)
18.57B
est: 53.96B (-65.6%)
13.10B
est: 53.55B (-75.5%)
10.84B
est: 48.86B (-77.8%)
20.35B
est: 52.61B (-61.3%)
20.78B
est: 54.06B (-61.6%)
15.18B
est: 20.49B (-25.9%)
19.47B
est: 20.80B (-6.4%)
22.02B
21.83B – 22.25B
+5.9% YoY
22.55B
22.28B – 22.75B
+2.4% YoY
23.06B
22.34B – 23.75B
+2.3% YoY
23.95B
23.91B – 23.99B
+3.8% YoY
24.93B
24.38B – 25.41B
+4.1% YoY
25.60B
25.04B – 26.10B
+2.7% YoY
Net Income
12.81B
est: 11.29B (+13.4%)
14.50B
est: 10.85B (+33.6%)
16.14B
est: 13.50B (+19.5%)
17.18B
est: 16.66B (+3.2%)
25.21B
est: 19.51B (+29.2%)
30.17B
est: 27.75B (+8.7%)
28.07B
est: 29.61B (-5.2%)
32.01B
est: 31.27B (+2.3%)
35.18B
est: 33.90B (+3.8%)
38.13B
est: 41.23B (-7.5%)
43.91B
est: 43.89B (+0.1%)
50.24B
39.44B – 60.72B
+14.5% YoY
50.15B
48.53B – 52.20B
-0.2% YoY
49.38B
39.90B – 63.71B
-1.5% YoY
49.37B
46.07B – 66.48B
0.0% YoY
60.26B
58.56B – 61.79B
+22.1% YoY
59.63B
57.95B – 61.14B
-1.0% YoY
SGA
89.25B
est: 90.11B (-1.0%)
88.25B
est: 90.16B (-2.1%)
91.91B
est: 91.70B (+0.2%)
93.53B
est: 93.97B (-0.5%)
95.67B
est: 95.08B (+0.6%)
92.28B
est: 94.36B (-2.2%)
82.86B
est: 86.09B (-3.8%)
92.55B
est: 92.70B (-0.2%)
93.59B
est: 95.25B (-1.7%)
101.76B
est: 103.83B (-2.0%)
105.33B
est: 105.41B (-0.1%)
111.61B
110.65B – 112.75B
+5.9% YoY
114.30B
112.92B – 115.32B
+2.4% YoY
116.88B
113.25B – 120.37B
+2.3% YoY
121.37B
121.17B – 121.58B
+3.8% YoY
126.34B
123.59B – 128.80B
+4.1% YoY
129.74B
126.92B – 132.27B
+2.7% YoY
EPS
79.12
est: 70.22 (+12.7%)
83.12
est: 67.48 (+23.2%)
92.46
est: 83.92 (+10.2%)
98.38
est: 103.56 (-5.0%)
144.74
est: 121.30 (+19.3%)
173.28
est: 172.56 (+0.4%)
164.31
est: 184.12 (-10.8%)
187.35
est: 194.44 (-3.6%)
208.76
est: 208.80 (0.0%)
232.28
est: 261.99 (-11.3%)
273.03
est: 278.92 (-2.1%)
346.90
250.26 – 385.29
+24.4% YoY
319.58
307.94 – 331.23
-7.9% YoY
336.31
253.20 – 404.27
+5.2% YoY
357.10
292.34 – 421.86
+6.2% YoY
382.40
371.59 – 392.10
+7.1% YoY
378.40
367.71 – 388.00
-1.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-18 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-15 B 3/5 1/5 3/5 4/5 3/5 2/5 4/5
2026-05-14 B+ 3/5 2/5 3/5 4/5 4/5 2/5 4/5
2026-05-13 B+ 3/5 2/5 3/5 4/5 4/5 2/5 4/5
2026-05-12 B+ 3/5 2/5 3/5 4/5 4/5 2/5 4/5
2026-05-11 B+ 3/5 2/5 3/5 4/5 4/5 2/5 4/5
2026-05-08 B+ 3/5 2/5 3/5 4/5 3/5 2/5 4/5
2026-05-07 B+ 3/5 2/5 3/5 4/5 3/5 2/5 4/5
2026-05-01 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-30 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-28 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-27 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-24 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-23 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-22 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-21 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-20 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-17 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-16 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5
2026-04-15 B 3/5 2/5 2/5 4/5 3/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
8.12B
OE per share TTM
50.26
Owner's Yield
0.86%
Maintenance CapEx ratio
7.69%
Maint CapEx / Avg PPE
67.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
3.07M
Shares Outstanding
156.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Mai Demizu General Organization Headquarters & Announcement center female
Masamine Ryuho Vice President & Representative Director male
Ryujiro Abe Chief Executive Officer, President & Representative Director
Yasushi Gemba Senior MD & Director
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits