Principal Majority-owned Subsidiaries (As of April 1, 2019)

CompanyCapital (million yen)TBS Holdings (%)Services
TBS Television, Inc.300100TV broadcasting; planning, production, and marketing of TV programming
TBS Radio, Inc.478100Radio broadcasting; production of radio programming, technical services related to radio program production and broadcasting
BS-TBS, INC.5,844100Satellite TV broadcasting; planning, production, satellite broadcasting, and sales of satellite TV programming
TBS SPARKLE, Inc.50100Production of TV programming (drama, variety, news, information, sports, etc.); content production
TBS GLOWDIA, Inc.50100Planning and production of events; sales of goods through TV shopping; video-related services (DVD, streaming); production of radio programming; technical services related to radio program production and broadcasting; digital-related services
NICHION, INC.50100Music publisher; distribution and management of music products, planning and production of original recordings, etc.
Midoriyama Studio City, Inc.100100Leasing, operation, and management of buildings and studios
TOKYO BROADCASTING SYSTEM INTERNATIONAL, INC.US$3.28 million100Research and analysis of media-related information in the US and management of news bureaus in the US
TC Entertainment, Inc.20051Development, creation, and reproduction of video and music software and other computer software
StylingLife Holdings, Inc.10051Strategy planning services for subsidiaries, retail sales of imported lifestyle goods, and manufacturing and sales of cosmetics and other products
TOTSU, Inc.45352.1*Technical services related to broadcast program production and services incidental thereto

*Includes percentage owned by subsidiary