TYO:9404

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Nippon Television to Receive 20 Billion Yen Dividend from Subsidiary

Nippon Television (TYO:9404) has received a 20 billion yen dividend from a consolidated subsidiary, with payment confirmed on June 29, according to a Tokyo bourse filing on Monday.The amount will be recorded as operating revenue under non-consolidated accounts for the fiscal year ending March 2027.Since the payer is a consolidated entity, the dividend will not materially affect the group's consolidated earnings for the same period.

TYO:9404

Asia27d ago

Nippon Television Logs 19.6 Billion Yen Gain on Investment Securities Sale

Nippon Television's (TYO:9404) consolidated subsidiary has completed the sale of a portion of its investment securities, recording a gain of 19.6 billion yen.The sale, conducted from May to June, aims to reduce cross-shareholdings based on the Corporate Governance Code and improve asset efficiency and corporate value.The gain is already included in the company's full-year consolidated earnings forecast for the fiscal year ending March 31, 2027, according to a Tokyo bourse filing on Tuesday.

TYO:9404

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