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Draft:Nippon Television Holdings

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Nippon Television Holdings, Inc.
Native name
日本テレビホールディングス株式会社
Nihon Terebi Hōrudingusu Kabushiki-gaisha
FormerlyNippon Television Network Corporation (1952-2012)
Company typePublic KK
ISINJP3732200005
Industry
FoundedOctober 28, 1952; 72 years ago (1952-10-28)
FounderMatsutaro Shoriki
Headquarters
6-1, Higashi-Shimbashi Itchome, Minato, Tokyo
,
Japan
Area served
Worldwide
Key people
Yoshikuni Sugiyama [jp]
(Chairman)
Akira Ishizawa [jp][1]
(President and CEO)
Services
Revenue
  • Increase¥326,423 million (FY2012)
  • ¥305,460 million (FY2011)
  • Increase¥35,429 million (FY2012)
  • ¥32,249 million (FY2011)
  • Increase¥25,284 million (FY2012)
  • ¥22,729 million (FY2011)
Total assets
  • Increase¥598,075 million (FY2012)
  • ¥543,228 million (FY2011)
Total equity
  • Increase¥488,120 million (FY2012)
  • ¥446,038 million (FY2011)
Owner
Number of employees
3,259 (as of March 31, 2013, consolidated)
Subsidiaries
Websitentvhd.co.jp

Nippon Television Holdings, Inc.[a] is a Japanese media and licensed broadcasting holding company headquartered in Minato, Tokyo. The company consists of Nippon Television, Japan's first commercial broadcaster and one of the country's main five television broadcasters as well as record label VAP, radio station RF Radio Nippon, HJ Holdings among others. NTV also runs the dual Nippon News Network and Nippon Television Network System, which consists of NTV themselves alongside a total of 30 television stations (both regional and prefectural) across Japan. The company also has shares in animation studios Tatsunoko Production, Madhouse & Studio Ghibli and film studio Nikkatsu. The company is partially controlled by The Yomiuri Shimbun Holdings, Japan's largest media conglomerate and second largest behind Sony, owning 14.45% of the company's shares. Kansai region flagship Yomiuri Telecasting Corporation also holds a 6.57% share in NTVHD and both broadcasters make up the television branch of the Yomiuri Shimbun Group of companies.

The company was formed on October 28, 1952 as the Nippon Television Network Corporation[b] after applying for what would become Japan's first commercial television license three months prior. NTV signed on a year later on August 28, becoming Japan's second television station and the first commercial broadcaster in Asia. Following the restructurings of other Kanto region broadcasters, such as Fuji Television into Fuji Media Holdings in 2008 and Tokyo Broadcasting System into Tokyo Broadcasting System Holdings in 2009 as well as the formation of TV Tokyo Holdings in 2010, NTV alongside BS-NTV and CS-NTV began a restructuring plan in 2012, which caused NTV to restructure into a certified holding company and rebranded into NTVHD, spinning off the broadcasting operations under a wholly-owned subsidiary with the NTV name. Prior to this, NTV had shares in the latter two.

History

[edit]

Prior to 2012, NTV was reluctant about restructuring into a holding company in the wake of Fuji TV's restructuring that year and TBS' restructuring announcement. Shintaro Kubo, NTV's then-president said during the company's shareholder meeting on March 24, 2008 that it wasn't necessary at that time.[2]

On May 12, 2012, Nippon Television, alongside BS Nippon Corporation and CS Nippon Corporation announced that they were planning to merge their businesses through the creation of a certified holding company. Under this structure, the Nippon Television Network Prepatory Corporation would be created to take over NTV's broadcasting business as a wholly-owned subsidiary (which was formed on April 1st) with the previous incarnation changing its name to Nippon Television Holdings.[3] The restructuring was given shareholder approval on June 28th.[4] On September 16th of that year, NTV gave approval from the Ministry of Internal Affairs and Communications to restructure into a holding company.[5] The restructuring was completed a month later on October 1st, with NTVHD retaining NTV's listing on the Tokyo Stock Exchange.[6]

On January 29, 2014, the company purchased 54.3% of the outstanding shares in animation studio Tatsunoko Production from Takara Tomy. Tomy would continue to retain 20% of the studio's shares.[7][8]

On February of that same month, NTVHD purchased Hulu's Japanese division, which marked NTV's first entry into the streaming market.[9] In March of that year, NTV purchased all remaining shares of Madhouse from Index Corporation, which was liquidated and bought out by Sega Sammy Holdings (which owns TMS Entertainment) the year prior. On November 29, NTVHD purchased fitness company Tipness from Suntory Holdings.[10] This marked NTV's entry into the fitness center business.

On February 3, 2022, NTVHD announced a major restructuring which would see the merger of several subsidiaries, as well as the spin-off of NTV's VTuber business into a separate company.[11]

On September 21, 2023, Nippon Television announced that it would buy a controlling share in Studio Ghibli and make it a subsidiary. The takeover was completed on October 6.[12]

Notes

[edit]
  1. ^ 日本テレビホールディングス株式会社, Nihon Terebi Hōrudingusu kabushiki gaisha
  2. ^ 日本テレビ放送網株式会社, Nihon Terebi Hōsōmō kabushiki gaisha

References

[edit]
  1. ^ "Top Message". Retrieved 2024-01-10.
  2. ^ "2008年3月24日日本テレビ 定例記者会見" (PDF). Nippon Television Network Corporation (in Japanese). 24 March 2008. Retrieved 2 October 2024.
  3. ^ "日本テレビ放送網株式会社、株式会社BS日本及び株式会社シーエス日本の認定放送持株会社体制への移行に関する統合契約、吸収分割契約及び株式交換契約の締結 についてのお知らせ" (PDF). Nippon Television Network Corporation (in Japanese). 12 May 2012. Retrieved 2 October 2024.
  4. ^ "第79期 定時株主総会 についてのご報告". Nippon Television Network Corporation. 28 June 2012. Retrieved 2 October 2024.
  5. ^ "認定放送持株会社の認定". Ministry of Internal Affairs and Communications (in Japanese). 12 September 2012. Retrieved 2 October 2024.
  6. ^ "Notice regarding matters related to the completion of transfer to a certified broadcasting holding company structure" (PDF). Nippon Television Holdings, Inc. 1 October 2012. Retrieved 2 October 2024.
  7. ^ Loo, Egan (29 January 2014). "NTV Buys 54.3% Stake in Anime Studio Tatsunoko Production". Anime News Network. Retrieved 2 October 2024.
  8. ^ "Nippon TV acquires shares of TATSUNOKO PRODUCTION CO., LTD". Nippon Television Network Corporation. 29 January 2024. Retrieved 2 October 2024.
  9. ^ Jarvey, Natalie (27 February 2014). "Hulu Sells Japanese Business to Nippon TV". The Hollywood Reporter. Retrieved 2 October 2024.
  10. ^ "日テレが「ティップネス」買収、サントリーは非中核事業見直し". Reuters (in Japanese). 21 November 2014. Retrieved 3 October 2024.
  11. ^ "Notice Concerning Nippon TV Group Reorganization and Integration" (PDF). Nippon Television Holdings. 3 February 2022. Retrieved 2 October 2024.
  12. ^ Yeung, Jessie; Annio, Francesca (21 September 2023). "Studio Ghibli sold to Nippon TV after finding no successors for Hayao Miyazaki". CNN. Retrieved 2 October 2024.