Cash flow U-NEXT HOLDINGS Co.,Ltd.

Equities

9418

JP3944640006

Internet Services

Delayed Japan Exchange Other stock markets 01:54:31 12/03/2026 GMT			5-day change	1st Jan Change
1,753.00 ^JPY	-2.18%		-1.13%	-12.44%

02-27	U-Next, CJ ENM and TBS to Form Joint Venture for Content Development Expansion	MT
02-27	Japan's TBS Holdings Inc to establish joint venture with South Korea's CJ ENM and U-Next Holdings for global creation framework of IPs	RE

22dbe52f9a04aa3eaa27e02fefd47.3EGF7JE5gtJ50JTkJ3_uHKAyNPX791WFaVyJxWksvKQ.vSPhguRL9oEchqGGEyqcROFHZ6a-uRPPHQ_xnUR7z9aoOPLe4HS3gTGExQ

Published financial data: U-NEXT HOLDINGS CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	208B	238B	276B	327B	390B
Total Revenues	208B	238B	276B	327B	390B
Cost of Goods Sold, Total	127B	153B	180B	210B	262B
Gross Profit	81.58B	84.5B	96.48B	117B	129B
Selling General & Admin Expenses, Total	65.86B	67B	74.56B	87.78B	96.89B
Provision for Bad Debts	108M	174M	349M	524M	-95M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	65.97B	67.18B	74.91B	88.3B	96.8B
Operating Income	15.61B	17.32B	21.57B	28.85B	32.03B
Interest Expense, Total	-738M	-670M	-624M	-514M	-786M
Interest And Investment Income	-	-	-	-	85M
Net Interest Expenses	-738M	-670M	-624M	-514M	-701M
Income (Loss) On Equity Invest.	-	29M	29M	48M	55M
Currency Exchange Gains (Loss)	-	-244M	-199M	-143M	-373M
Other Non Operating Income (Expenses)	-102M	-197M	-386M	78M	-113M
EBT, Excl. Unusual Items	14.77B	16.24B	20.39B	28.32B	30.9B
Gain (Loss) On Sale Of Investments	-	-	260M	15M	78M
Gain (Loss) On Sale Of Assets	404M	3M	58M	-	145M
Asset Writedown	-983M	-1.04B	-1.24B	-764M	-1.02B
Legal Settlements	-	-256M	-	-	-
Other Unusual Items	-69M	-13M	-183M	-217M	-1M
EBT, Incl. Unusual Items	14.12B	14.93B	19.28B	27.36B	30.1B
Income Tax Expense	6.08B	6.25B	7.32B	11.09B	10.73B
Earnings From Continuing Operations	8.04B	8.69B	11.97B	16.27B	19.37B
Net Income to Company	8.04B	8.69B	11.97B	16.27B	19.37B
Minority Interest	7M	-	-1.01B	-910M	-971M
Net Income - (IS)	8.04B	8.69B	10.96B	15.36B	18.4B
Net Income to Common Incl Extra Items	8.04B	8.69B	10.96B	15.36B	18.4B
Net Income to Common Excl. Extra Items	8.04B	8.69B	10.96B	15.36B	18.4B
Per Share Items
Net EPS - Basic	44.63	48.19	61.05	85.14	101.98
Basic EPS - Continuing Operations	44.63	48.19	61.05	85.14	101.98
Basic Weighted Average Shares Outstanding	180M	180M	180M	180M	180M
Net EPS - Diluted	44.6	48.16	61.02	85.14	101.98
Diluted EPS - Continuing Operations	44.6	48.16	61.02	85.14	101.98
Diluted Weighted Average Shares Outstanding	180M	180M	180M	180M	180M
Normalized Basic EPS	51.25	56.31	65.37	93.09	101.68
Normalized Diluted EPS	51.22	56.28	65.34	93.09	101.68
Dividend Per Share	4.5	5	7.17	11	15.5
Payout Ratio	5.97	9.34	13.47	10.76	12.42
Supplemental Items
EBITDA	24.38B	26.27B	31.32B	39.28B	43.96B
EBITA	18.91B	20.32B	24.7B	32B	35.36B
EBIT	15.61B	17.32B	21.57B	28.85B	32.03B
Effective Tax Rate - (Ratio)	43.08	41.83	37.95	40.53	35.66
Normalized Net Income	9.24B	10.15B	11.73B	16.79B	18.34B
Non-Cash Pension Expense	69M	46M	62M	-423M	-17M
Supplemental Operating Expense Items
Advertising Expense	9.19B	10.12B	10.43B	11.6B	12.61B
Selling and Marketing Expenses	9.19B	10.12B	10.43B	11.6B	12.61B

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	21.58B	26.39B	52.13B	52.74B	56.88B
Total Cash And Short Term Investments	21.58B	26.39B	52.13B	52.74B	56.88B
Accounts Receivable, Total	20.53B	24.95B	31B	40.86B	48.48B
Total Receivables	20.53B	24.95B	31B	40.86B	48.48B
Inventory	6.87B	7.81B	9.71B	11.3B	12.2B
Prepaid Expenses	9.03B	13.53B	24.36B	40.69B	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	2.67B	2.67B	4.02B	4.62B	54.8B
Total Current Assets	60.69B	75.35B	121B	150B	172B
Net Property Plant And Equipment	19.2B	19.14B	18.42B	21.06B	24.39B
Long-term Investments	-1.19B	-964M	-682M	-303M	-261M
Goodwill	47.32B	44.32B	42.59B	39.49B	40.02B
Other Intangibles, Total	5.1B	5.46B	6.08B	7.7B	13.16B
Loans Receivable Long-Term	4.99B	5.19B	5.3B	5.3B	4.66B
Deferred Tax Assets Long-Term	5.2B	4.5B	7.58B	5.49B	5.46B
Other Long-Term Assets, Total	2M	1M	1M	3M	1M
Total Assets	141B	153B	201B	229B	260B
Liabilities
Accounts Payable, Total	19.25B	23.5B	26.47B	33.69B	38.1B
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	4.58B	5.45B	3B	3.07B	3.15B
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	-	3.6B	2.46B	6.39B	6.69B
Other Current Liabilities	17.01B	19.21B	23.6B	28.38B	31.86B
Total Current Liabilities	40.84B	51.76B	55.53B	71.53B	79.8B
Long-Term Debt	59.43B	53.97B	60.97B	59.82B	65.66B
Long-Term Leases	-	-	-	-	-
Pension & Other Post Retirement Benefits	2.34B	2.35B	2.34B	2.25B	2.24B
Other Non Current Liabilities	5.36B	4.65B	3.98B	3.33B	3.37B
Total Liabilities	108B	113B	123B	137B	151B
Common Stock, Total	96M	96M	97M	99M	99M
Additional Paid In Capital	11.09B	11.09B	29.78B	29.79B	29.79B
Retained Earnings	21.88B	28.76B	38.14B	51.84B	67.53B
Comprehensive Income and Other	267M	327M	432M	139M	151M
Total Common Equity	33.33B	40.28B	68.45B	81.87B	97.57B
Minority Interest	3M	2M	9.26B	10.17B	11.14B
Total Equity	33.33B	40.28B	77.71B	92.03B	109B
Total Liabilities And Equity	141B	153B	201B	229B	260B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	180M	180M	180M	180M	180M
ECS Total Common Shares Outstanding	180M	180M	180M	180M	180M
Book Value / Share	184.92	223.44	379.67	453.87	540.93
Tangible Book Value	-19.09B	-9.51B	19.78B	34.67B	44.39B
Tangible Book Value Per Share	-105.93	-52.75	109.69	192.23	246.09
Total Debt	64.01B	59.42B	63.97B	62.89B	68.82B
Net Debt	42.42B	33.03B	11.84B	10.15B	11.93B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.35B	2.35B	2.34B	2.25B	2.24B
Minority Interest, Total (Incl. Fin. Div)	3M	2M	9.26B	10.17B	11.14B
Inventories - Raw Materials, Total	3.6B	4.34B	4.98B	4.83B	4.51B
Inventories - Work In Process, Total	305M	166M	255M	600M	452M
Inventories - Finished Goods, Total	2.97B	3.3B	4.48B	5.87B	7.24B
Inventories - Others	1M	1M	1M	1M	2M
Full Time Employees	4.69K	4.85K	4.9K	5.34K	5.74K
Accumulated Allowance for Doubtful Accounts (Supple)	985M	1.04B	987M	387M	448M

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	14.12B	14.93B	19.28B	27.36B	30.1B
Depreciation & Amortization - CF	5.47B	5.95B	6.61B	7.28B	8.6B
Amortization of Goodwill and Intangible Assets - (CF)	3.3B	3B	3.14B	3.14B	3.33B
Depreciation & Amortization, Total	8.77B	8.95B	9.75B	10.43B	11.93B
(Gain) Loss From Sale Of Asset	579M	1.04B	1.18B	764M	968M
(Gain) Loss on Sale of Investments - (CF)	-	-	-172M	-165M	-78M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-1.49B	-2.46B	-6.59B	-4.83B	-10.22B
Change In Accounts Receivable	-1.62B	-4.6B	-4.44B	-9.26B	-7.24B
Change In Inventories	-457M	-933M	-1.89B	-1.59B	-866M
Change In Accounts Payable	1.64B	4.15B	3.62B	7.44B	2.32B
Change in Other Net Operating Assets	-5.82B	-3.42B	-10.07B	-14.28B	-6.24B
Cash from Operations	15.72B	17.66B	10.68B	15.87B	20.67B
Capital Expenditure	-4.56B	-4.58B	-4.69B	-5.64B	-9.46B
Sale of Property, Plant, and Equipment	2.73B	-657M	-347M	-641M	-396M
Cash Acquisitions	-	-	-1.24B	-	-3.22B
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.41B	-1.88B	-3.18B	-3.79B	-6.82B
Investment in Marketable and Equity Securities, Total	-	-	172M	166M	196M
Other Investing Activities, Total	47M	-295M	-158M	-722M	-483M
Cash from Investing	-4.2B	-7.41B	-9.44B	-10.63B	-20.18B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	65.22B	-	9.05B
Total Debt Issued	-	-	65.22B	-	9.05B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-6.17B	-4.59B	-60.67B	-3.03B	-3.12B
Total Debt Repaid	-6.17B	-4.59B	-60.67B	-3.03B	-3.12B
Repurchase of Common Stock	-	-	-6.37B	-	-
Common Dividends Paid	-480M	-811M	-1.48B	-1.65B	-2.28B
Common & Preferred Stock Dividends Paid	-480M	-811M	-1.48B	-1.65B	-2.28B
Other Financing Activities, Total	-72M	-47M	26.4B	-72M	-144M
Cash from Financing	-6.72B	-5.45B	23.11B	-4.76B	3.5B
Miscellaneous Cash Flow Adjustments	-1M	-1M	1.41B	124M	149M
Net Change in Cash	4.8B	4.8B	25.75B	605M	4.14B
Supplemental Items
Cash Interest Paid	738M	670M	624M	514M	786M
Cash Income Tax Paid (Refund)	1.37B	1.97B	6.59B	4.83B	10.22B
Levered Free Cash Flow	5.84B	13.09B	1.06B	6.26B	5.37B
Unlevered Free Cash Flow	6.3B	13.5B	1.45B	6.58B	5.86B
Change In Net Working Capital	5.25B	-191M	13.91B	12.45B	9.81B
Net Debt Issued / Repaid	-6.17B	-4.59B	4.55B	-3.03B	5.93B

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.98	7.36	7.63	8.4	8.19
Return on Total Capital	10.1	10.99	11.17	12.16	12.04
Return On Equity %	27.21	23.6	20.28	19.17	19.29
Return on Common Equity	27.24	23.6	20.16	20.43	20.5
Margin Analysis
Gross Profit Margin %	39.16	35.52	34.91	35.85	33
SG&A Margin	31.61	28.16	26.98	26.86	24.82
EBITDA Margin %	11.7	11.04	11.33	12.02	11.26
EBITA Margin %	9.07	8.54	8.94	9.79	9.06
EBIT Margin %	7.49	7.28	7.8	8.83	8.2
Income From Continuing Operations Margin %	3.86	3.65	4.33	4.98	4.96
Net Income Margin %	3.86	3.65	3.97	4.7	4.71
Net Avail. For Common Margin %	3.86	3.65	3.97	4.7	4.71
Normalized Net Income Margin	4.43	4.27	4.25	5.14	4.7
Levered Free Cash Flow Margin	2.8	5.5	0.38	1.91	1.37
Unlevered Free Cash Flow Margin	3.03	5.68	0.52	2.01	1.5
Asset Turnover
Asset Turnover	1.49	1.62	1.56	1.52	1.6
Fixed Assets Turnover	10.34	12.41	14.71	16.55	17.18
Receivables Turnover (Average Receivables)	10.61	10.46	9.88	9.09	8.74
Inventory Turnover (Average Inventory)	19.08	20.9	20.54	19.95	22.26
Short Term Liquidity
Current Ratio	1.49	1.46	2.18	2.1	2.16
Quick Ratio	1.03	0.99	1.5	1.31	1.32
Operating Cash Flow to Current Liabilities	0.38	0.34	0.19	0.22	0.26
Days Sales Outstanding (Average Receivables)	34.4	34.89	36.95	40.25	41.76
Days Outstanding Inventory (Average Inventory)	19.13	17.46	17.77	18.34	16.39
Average Days Payable Outstanding	53.89	50.54	50.16	52.12	49.91
Cash Conversion Cycle (Average Days)	-0.36	1.81	4.56	6.47	8.24
Long Term Solvency
Total Debt/Equity	192.03	147.52	82.32	68.33	63.3
Total Debt / Total Capital	65.76	59.6	45.15	40.59	38.76
LT Debt/Equity	178.29	133.99	78.46	65	60.4
Long-Term Debt / Total Capital	61.05	54.13	43.03	38.61	36.99
Total Liabilities / Total Assets	76.41	73.67	61.25	59.8	58.15
EBIT / Interest Expense	21.15	25.86	34.56	56.13	40.75
EBITDA / Interest Expense	33.03	39.21	50.19	76.42	55.92
(EBITDA - Capex) / Interest Expense	26.85	32.37	42.67	65.45	43.89
Total Debt / EBITDA	2.63	2.26	2.04	1.6	1.57
Net Debt / EBITDA	1.74	1.26	0.38	0.26	0.27
Total Debt / (EBITDA - Capex)	3.23	2.74	2.4	1.87	1.99
Net Debt / (EBITDA - Capex)	2.14	1.52	0.44	0.3	0.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.85	14.2	16.15	18.24	19.48
Gross Profit, 1 Yr. Growth %	6.52	3.58	14.18	21.43	9.96
EBITDA, 1 Yr. Growth %	26.73	7.76	19.21	25.43	11.9
EBITA, 1 Yr. Growth %	33.03	7.48	21.57	29.52	10.5
EBIT, 1 Yr. Growth %	47.05	10.98	24.49	33.78	11.01
Earnings From Cont. Operations, 1 Yr. Growth %	65.03	8.09	37.75	35.94	19.05
Net Income, 1 Yr. Growth %	63.86	7.99	26.15	40.13	19.78
Normalized Net Income, 1 Yr. Growth %	45.54	9.88	15.6	43.09	9.23
Diluted EPS Before Extra, 1 Yr. Growth %	63.84	8	26.69	39.54	19.78
Accounts Receivable, 1 Yr. Growth %	9.53	21.53	24.25	31.79	18.65
Inventory, 1 Yr. Growth %	7.12	13.59	24.33	16.42	7.91
Net Property, Plant and Equip., 1 Yr. Growth %	-9.06	-0.28	-3.78	14.32	15.82
Total Assets, 1 Yr. Growth %	2.13	8.27	31.06	14.18	13.46
Tangible Book Value, 1 Yr. Growth %	-34.84	-50.2	-307.97	75.33	28.02
Common Equity, 1 Yr. Growth %	29.54	20.84	69.95	19.6	19.18
Cash From Operations, 1 Yr. Growth %	96.56	12.37	-39.55	48.59	30.28
Capital Expenditures, 1 Yr. Growth %	-7.67	0.53	2.29	20.28	67.7
Levered Free Cash Flow, 1 Yr. Growth %	-480.52	123.93	-91.9	490.35	-14.21
Unlevered Free Cash Flow, 1 Yr. Growth %	-726.94	114.19	-89.26	353.7	-10.93
Dividend Per Share, 1 Yr. Growth %	68.75	11.11	43.33	53.49	40.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.87	10.98	15.17	17.19	18.86
Gross Profit, 2 Yr. CAGR %	8.15	5.04	8.75	17.75	15.55
EBITDA, 2 Yr. CAGR %	18.11	16.86	13.34	22.28	18.48
EBITA, 2 Yr. CAGR %	27.04	19.57	14.31	25.49	19.64
EBIT, 2 Yr. CAGR %	37.63	27.75	17.54	29.06	21.87
Earnings From Cont. Operations, 2 Yr. CAGR %	15.08	33.56	22.02	36.84	27.22
Net Income, 2 Yr. CAGR %	15.13	33.03	16.72	32.96	29.56
Normalized Net Income, 2 Yr. CAGR %	48.49	26.46	12.71	28.61	25.02
Diluted EPS Before Extra, 2 Yr. CAGR %	15.12	33.02	16.97	32.96	29.28
Accounts Receivable, 2 Yr. CAGR %	6.63	15.38	22.88	27.96	25.05
Inventory, 2 Yr. CAGR %	18.5	10.31	18.84	20.31	12.08
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.49	-4.77	-2.05	4.88	15.07
Total Assets, 2 Yr. CAGR %	-0.33	5.15	19.12	22.33	13.82
Tangible Book Value, 2 Yr. CAGR %	-28.23	-43.03	1.77	90.95	49.82
Common Equity, 2 Yr. CAGR %	25.61	25.11	43.31	42.57	19.39
Cash From Operations, 2 Yr. CAGR %	-10.44	48.62	-17.58	-5.23	39.13
Capital Expenditures, 2 Yr. CAGR %	4.6	-3.66	1.4	10.92	42.02
Levered Free Cash Flow, 2 Yr. CAGR %	-43.12	191.91	-57.41	-30.85	125.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-42.32	266.45	-52.05	-30.21	101.03
Dividend Per Share, 2 Yr. CAGR %	64.32	36.93	26.2	48.32	47.06
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.61	10.62	12.67	16.18	17.95
Gross Profit, 3 Yr. CAGR %	7.09	6.6	8	12.82	15.09
EBITDA, 3 Yr. CAGR %	9.39	14.56	17.64	17.24	18.72
EBITA, 3 Yr. CAGR %	16.74	20.15	20.24	19.17	20.28
EBIT, 3 Yr. CAGR %	22.64	28.1	26.65	22.73	22.74
Earnings From Cont. Operations, 3 Yr. CAGR %	7.96	12.7	34.94	26.49	30.63
Net Income, 3 Yr. CAGR %	13.36	12.7	30.7	24.05	28.41
Normalized Net Income, 3 Yr. CAGR %	38.02	34.31	22.73	22.04	21.8
Diluted EPS Before Extra, 3 Yr. CAGR %	6.14	12.69	30.88	24.06	28.41
Accounts Receivable, 3 Yr. CAGR %	10.09	11.38	18.26	25.78	24.78
Inventory, 3 Yr. CAGR %	24.99	16.84	14.8	18.03	16.03
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.84	-1.76	-4.44	3.13	8.4
Total Assets, 3 Yr. CAGR %	3.92	2.46	13.16	17.45	19.3
Tangible Book Value, 3 Yr. CAGR %	-19.51	-36.46	-12.28	22	67.13
Common Equity, 3 Yr. CAGR %	30.61	24	38.56	34.92	34.3
Cash From Operations, 3 Yr. CAGR %	1.31	-3.41	10.12	0.31	5.38
Capital Expenditures, 3 Yr. CAGR %	-7.76	3.22	-1.72	7.34	27.31
Levered Free Cash Flow, 3 Yr. CAGR %	-	-10.19	-11.63	2.3	-25.7
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-10.68	12.97	1.42	-24.3
Dividend Per Share, 3 Yr. CAGR %	-	44.22	39.03	34.71	45.81
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	12.41	13.2	15.11
Gross Profit, 5 Yr. CAGR %	-	-	7.75	10.93	10.96
EBITDA, 5 Yr. CAGR %	-	-	10.96	17.59	17.97
EBITA, 5 Yr. CAGR %	-	-	15.76	22.26	20
EBIT, 5 Yr. CAGR %	-	-	20.58	28.48	24.72
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	13.38	21.8	31.8
Net Income, 5 Yr. CAGR %	-	-	14.7	20.4	30.24
Normalized Net Income, 5 Yr. CAGR %	-	-	27.28	32	23.64
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	10.35	20.4	30.23
Accounts Receivable, 5 Yr. CAGR %	-	-	15.04	17.74	20.93
Inventory, 5 Yr. CAGR %	-	-	22.49	18.22	13.7
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-1.32	0.84	2.93
Total Assets, 5 Yr. CAGR %	-	-	9.75	9.99	13.43
Tangible Book Value, 5 Yr. CAGR %	-	-	-11.59	-1.33	8.66
Common Equity, 5 Yr. CAGR %	-	-	35.55	31.12	30.55
Cash From Operations, 5 Yr. CAGR %	-	-	-6.72	-4.14	20.92
Capital Expenditures, 5 Yr. CAGR %	-	-	-4.2	6.24	13.88
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-19.11	28.44
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-19.08	42.26
Dividend Per Share, 5 Yr. CAGR %	-	-	-	45.85	42.19