1

© 2007 TBS© 2007 TBS

Briefing Session onFinancial Results for FY2006

and FY2007 Forecast

BBriefing Session onriefing Session onFinancial Results for FY2006 Financial Results for FY2006

and FY2007 Forecastand FY2007 Forecast

Tokyo Broadcasting System, Inc.Tokyo Broadcasting System, Inc.www.tbs.co.jpwww.tbs.co.jpMay 18, 2007May 18, 2007

[Translation: Please note that the following purports to be an accurate translation of excerpt contents of the original Japanese document, prepared for foreign investors solely as a reference material. In case of any discrepancy between the translation and the Japanese original, the latter shall prevail.

2

© 2007 TBS

President Hiroshi InoueSenior Managing Director Kenichiro KidokoroManaging Director Kazuo Hiramoto

Chairperson:Vice President, Head of Investor Relations Eiichiro Inai 　

　

Attendees of the SessionAttendees of the Attendees of the SSessionession

3

© 2007 TBS

President　　 Hiroshi Inoue

Financial Highlights for FY 2006Financial Highlights for FY 2006V!V!--up, Capital Expenditure, up, Capital Expenditure,

Business Alliance, M&A DefenseBusiness Alliance, M&A Defense

4

© 2007 TBS

Financial Highlights for FY2006Financial Highlights for FY2006

Consolidated and non-consolidated sales at historical highs, operating income up sharply Consolidated operating and ordinary income up for first time in three yearsParent company’s ordinary and operating income up for first time in six yearsStanding alone in second position in Golden and Prime time ratings for first time in 18 years in FY2006Spot share among five key broadcasters at 21.7% (+0.5%) over full fiscal yearNet Sales of the Head Office of Project Development renewed all-time high

Consolidated and non-consolidated sales at historical highs, operating income up sharply Consolidated operating and ordinary income up for first time in three yearsParent company’s ordinary and operating income up for first time in six yearsStanding alone in second position in Golden and Prime time ratings for first time in 18 years in FY2006Spot share among five key broadcasters at 21.7% (+0.5%) over full fiscal yearNet Sales of the Head Office of Project Development renewed all-time high

5

© 2007 TBS

V!V!--up Review for the first fiscal yearup Review for the first fiscal year

195195695Real Estate

0.2%

-0.3%

25,886

5

721

605

1,527

-25

162

-1,138

-1,000

Difference from plan

at beginning

of year

2,886

5

721

605

1,527

-25

362

-438

-100

Difference from

forecast at interim

period

15,905　　　Broadcasting

8,721Multi Visual Ventures &

Cultural Events

5Elimination or total

21.7%

7.8%

50,886

25,327

2,475

53,462

262,762

318,700

FY06 Actual

Multi Visual Ventures &Cultural Events

TBS’s share of spot sales among 5 key broadcasters in Tokyo

All-day viewer rating

Consolidated operating cash flow

Consolidated operating income

　Real Estate

Broadcasting

Consolidated net sales

(Millions of yen)

Almost all P/L goals attainedOperating cash flow target attained (excluding liquidity effects)Viewer rating goals nearly reachedShare of spot sales among 5 key broadcasters in Tokyo attained

Integrated controls over programming & production costs and technological and studio sets expendituresDeclared policies for promotingprofessionalism in all station operationsEstablished new departments for LicensingPlanning & Development and for Cross-MediaEnhanced education and training systemsExpanded IR, PR and Publicity departmentsEstablished and increased headcount in Motion-Picture Department

Review

Policy initiatives

(Segment sales figures represent sales from outside customers.)

6

© 2007 TBS

V!V!--up up 2010 Revised2010 Revised

22.5%

8.3%

28.5

(1.6)

8.3

20.4

27.0

2.5

53.5

269.0

325.0

FY07 Plan

　　　Broadcasting

Multi Visual Ventures & Cultural Events

　　　Real Estate

Multi Visual Ventures & Cultural Events

TBS’s share of spot sales among 5 key broadcasters in Tokyo

All-day viewer rating

Consolidated operating cash flow

Consolidated operating income

　Real Estate

Broadcasting

Consolidated net sales

(Billions of yen / Segment sales figures represent sales from outside customers.)

Multi Visual Ventures & Cultural Events in V!-up includes 'Other businesses' in consolidated statements.

25%

9%

50.0

7.0

20.0

32.0

59.0

15.0

135.0

285.0

435.0

FY10 Plan

－

－

5.0

3.0

-3.0

0

0

3.5

-6.0

-0.5

-3.0

Change from the previous plan

23.5

9.5

6.0

23%

8.6%

40.0

39.0

13.5

68.0

270.5

352.0

FY08 Plan

7

© 2007 TBS

Capital Expenditure RevisedCapital Expenditure Revised

2.0

－

Change

15.5

12.5

Plan

2010

Depreciation

Capital expenditure

Consolidated

15.5

12.0

Plan

2008

15.5

14.0

Plan

2009

1.0

2.5

Change

2007

13.0

59.0

Plan

2.0

－

Change

2.0

－

Change

2.0

－

Change

14.5

12.0

Plan

2010

Depreciation

Capital expenditure

Non-consolidated

14.5

11.0

Plan

2008

14.5

12.0

Plan

2009

1.0

2.5

Change

2007

12.0

56.0

Plan

2.0

－

Change

2.0

－

Change

(Billions of yen)(Changes from the previous plan)

Changes in depreciation accounting rules adding ¥1.0 - 2.0 billion to costs annually

8

© 2007 TBS

AkasakaAkasaka Redevelopment Project RevisedRedevelopment Project Revised

5.0～6.06.5Operating cash flow (after tax)

－3.5Net Income

12％

7.0

2.5

13.0

Business Plan Revised

9％

Apprx. 60

Apprx. 25

11.5

Announced

IRR （before tax)

Operating income

Depreciation expenses

Net sales

(Billions of yen)

*Figures are estimated roughly.

9

© 2007 TBS

E-commerce

Video content/ Multi visuals

Mobile and one-segment services

Audio and music

Index, Key BroadcastersTeMo★

Index, DNP, NECTBS mobile site Matsushita Electric Industrial,

Dentsu, NEC

Tomo-digi★

ColorzipColorCode

Nihon EnterpriseRise (Beijin) Digital★

ITOCHUNANO Media★

TSUTAYA, IMJ, MBSTC Entertainment★

Mitsui & Co.TM Mobile★

Neo-IndexVOD

each broadband network operatorNews-i News Content Supply ( full renewal )

Fuji Television, TV Asahi, NTT GroupTresola★

each broadband network operator

Boo Bo Box

Index, Tanabe AgencyIndexCasting

Mitsui & Co.Grand Marche★

Amazon, DentsuInteractive shopping in “King's Brunch”

Mitsui & Co.i-shop

Google Earth

“The World Heritage”an aerial photograph, synopsis

Yokohama BayStarsHamasta WAVE

JNN Affiliate Broadcasters

TELE MONO

Matsushita Electric Industrial, Kadokawa Mobile

Words Gear（E-Book）★

Dentsu. NTT Mediacross

“FIVB Volleyball World Championship Japan” Bi-Directional service

Dai Nippon Printing

“The World Heritage”E-Book for Mobile

RecruitAsoBoo・ManaBoo

TBS R&COTTAVA

Multilateral businessdevelopment centering on

attractive programs

Dentsu Inc. Key Broadcasters

Present Cast★ Bic CameraTV shopping

eAccesseMobile★

Major Business Partners Major Business Partners in the New Digital Businessin the New Digital Business

(As of May 15, 2007)Major business partnersJoint ventures★ / Joint Services

Matsushita Electric Industrial, NTT GroupTomo-Digi★

10

© 2007 TBS

Policy Amendments for M&A DefensePolicy Amendments for M&A Defense【Salient points of amendments to plan】

【Rationality of plan】

Plan introduced by board of directors on February 28, 2007Free allocations of stock acquisition rights issued to all existing shareholders in the event that takeover parties purchase large share not in accordance with normal procedures or if TBS becomes the target of takeover bids that would damage the enterprise valueExercise of stock acquisition rights: 1) common shares with voting rights for all shareholders except parties seeking takeover, and 2) some conditions attached for parties seeking takeoverSpecial Committee for Appraising Enterprise Value as a third party will recommend whether to enact plans for authorizing or preventing share purchases by said partiesFinal decisions for enacting measures will be decided at shareholders meetingsValidity of plan will be renewed every three years (but plan can be revoked upon resolution at shareholders meetings)

Preserving rights of existing shareholders, recognizing interests of minority shareholders

Avoiding destruction of economic profits by takeover parties as much as possible

Directly affirming will of shareholders Providing authority to enact recommendations of special committee

Submitting agenda items for regularly scheduled shareholders meeting

Satisfying three general principles under government guidelines

Measures may be terminated at a shareholders meeting

Plan renewed every three years

11

© 2007 TBS

Summary of FY2006 ResultsSummary of FY2006 Results

Managing Director Kazuo Hiramoto

12

© 2007 TBS

Tokyo Broadcasting System, Inc. (TBS)

TBS GroupTBS Group

【Broadcasting (15 companies)】Tokyo Broadcasting System Television, Inc.TBS Radio & Communications, Inc.TBS-Vision, Inc.Tohoseisaku, Inc.Pro Cam, Inc.Akasaka Video Center Co., Ltd.Dreamax Television, Inc.Akasaka Graphics Art, Inc.　Art Communication Systems, Inc.Sounds Art Co., Ltd.Telecom Sounds, Inc.　Japan Artvideo Service Collaborative, Inc.VuCast, Inc.F&F, Inc.TBS International, Inc.

【Multi Visual Ventures & Cultural Events(7 companies)】Nichion, Inc. TBS Service, Inc.OXYBOT, Inc. TC Entertainment, Inc. Grand Marché, Inc. TBS TriMedia, Inc.Yokohama Bay Stars Baseball Club, Inc.

【Real Estate (5 companies)】Midoriyama Studio City, Inc. TBS Kaikan Co., Ltd. TBS Kikaku Co., Ltd.Akasaka Heat Supply Co., Ltd. TBS Sun Work, Inc.

【Others (3 companies)】TBS Plaza Co., Ltd. TRC Co., Ltd.TBS Media Research Institute, Inc.

【Companies under the Equity Method (4 companies)】BS-i, Inc. Tomo-Digi Corporation Totsu, Inc. TLC Co., Ltd.

13

© 2007 TBS

(Millions of yen)

Rate of change (%)Y/Y change

FY2007Second HalfFirst HalfConsolidated

Total

8,500

13,000

12,000

161,000

84.2

6.8

6.6

2.0

11,20124,50016,000Net income

1,78428,00015,000*Ordinary income

1,67227,00015,000Operating income

6,300325,000164,000Net sales

FY2007 ForecastFY2007 Forecast

8,000

10,500

9,500

140,000

Fist HalfFY2007

Second HalfNon-consolidated Rate of change (%)Y/Y changeTotal

112.2

14.0

15.2

1.8

11,63222,00014,000Net income

2,76722,50012,000*Ordinary income

2,77021,00011,500Operating income

5,099282,500142, 500Net sales

2.1%-0.5%4.7%Time sales

2.8%4.0%1.6%Spot sales

FY2007Second HalfFirst HalfTV Revenue Increase forecast

* Ordinary income is operating income plus non-operating income from interest and dividend income and other items less non-operating expenses, such as interest expenses. Ordinary income is used as an important indicator of earning power for Japanese corporations.

14

© 2007 TBS

Forecasting Operating IncomeForecasting Operating Income

18.23.00.4

1.61.0

7.11.1

27.0

0 5 10 15 20 25 30

Parent FY06 results

Income growth by TV segment

Income growth by project development

Declining income in real estate

General administrative expenses reduction

FY06 subsidiaries results

Declining profits at subsidiaries

FY07 consolidated operating income

(Billions of yen)

　（*Figures are estimated roughly and forecast.)

FY2007 Consolidated Operating Income Forecast Breakdown for ¥27 billionFY2007 Consolidated Operating Income Forecast Breakdown for ¥27 billion

15

© 2007 TBS

(Millions of yen)

1.21

1.32

1.52

1.15

Consolidated/non-

consolidated ratio

1.28

1.33

1.39

1.15

Consolidated/non-

consolidated ratio

1.44,310306,0414.112,658318,700Net sales

36.6

-30.0

-27.1

Rate of change

(％)

-1.6

70.4

54.4

Rate of change

(％)

3,62313,513-21413,299Net income

-6,59215,38810,82726,216Ordinary income

-6,10516,4048,92325,327Operating income

Y/Y changeAmountY/Y

changeAmount

FY2005FY2006

Consolidated Statements of IncomeConsolidated Statements of Income

Main factors of an increase in net sales: Parent (+11.70), Grand Marché (+17.70), TC Entertainment (+2.03)Main factors of an increase in operating income: Parent (+7.45), TC Entertainment (+0.22), TBS Service (+0.10)

Remarks

(Billions of yen)

16

© 2007 TBS

(Millions of yen)

Consolidated Segment ResultsConsolidated Segment Results

－6,645－48,7081,9918,6374,47253,181Multi Visual Ventures & Cultural Events

－(11)－－165－－Elimination or Total

-6,105

－

－

－

Y/Y change

8,923

-26

72

6,869

Y/Y change

9,036－254,46915,9058,293262,762Broadcasting

16,404

110

623

Operating income

25,327

84

695

Operating income

4,310306,04112,658318,700Consolidated

－318-37281Others

－2,545-702,475Real Estate

Y/Y change

Outside customers

Y/Y change

Outside customers

FY2005FY2006

Parent (+2.04) Grand Marché (+1.77) TC Entertainment (+2.03)

Parent (+9.83) R&C (-0.68)

Main factors of an increase in net sales

Parent (+0.49) Grand Marché (+0.06) TC Entertainment (+0.22)

Parent (+6.86)

Main factors of an increase in operating income

Multi Visual Ventures & Cultural Events

Broadcasting

(Billions of yen)

17

© 2007 TBS

(Millions of yen)

2.212,450555,271567,722Total liabilities and net assets

385,298

2.212,450567,722 555,271Total

assets

378, 026★

Total Net assets (or

shareholders’equity★)

1.97,271

45.37521,6592, 411Minority interests

3.96,838175,585182,424Total liabilities

7.129,936422,106452,042Fixed assets

13.612,68693,303105,990Long-term liabilities

-7.1-5,84882,28276,433Current liabilities

-13.19-17,485133,165115,679Current assets

Rate of change

(%)(A)-(B)

06/3(B)

07/3(A)

Rate of change

(%)(A)-(B)

06/3(B)

07/3(A)　

Interest-bearing liabilities balance at the end of FY2006: ¥61,646 million (+¥18,245 million year on year)

Consolidated Balance SheetsConsolidated Balance Sheets

18

© 2007 TBS

259－259Net Increase in cash and cash equivalents resulted from newly consolidated subsidiaries

10,099

-13,845

23,685

1,871

-5,725

27,624

Y/Y change

52,61238,767Cash and cash equivalents at beginning of year

38,76748,866Cash and cash equivalents at end of year

(13,845)9,840Net increase (decrease) in cash and cash equivalents

12,61914,490Cash flows from financing activities

(49,817)(55,543)Cash flows from investing activities

23,26150,886Cash flows from operating activities

06/307/3

(Millions of yen)

Consolidated Cash Flow ResultsConsolidated Cash Flow Results

19

© 2007 TBS

62

-123

-122

-368

Y/Y change

115

479

418

82,088

Amount

FY2006

53

602

541

82,457

Amount

FY2005TBS Television

263

512

457

31,565

Y/Y change

Net income

Ordinary income

Operating income

Net sales

(Millions of yen)

Major Consolidated SubsidiariesMajor Consolidated Subsidiaries

-117

-302

-308

-571

Y/Y change

60

205

196

15,048

Amount

FY2006

178

508

504

15,620

Amount

FY2005

TBS R&C

-236

-429

-430

-212

Y/Y change

Net income

Ordinary income

Operating income

Net sales

200

600

600

83,500

Amount

84

120

181

1,411

Y/Y change

FY2007 Forecast

100

300

300

15,600

Amount

FY2007 Forecast

39

94

103

551

Y/Y change

20

© 2007 TBS

(Fiscal year: January to December)

397

347

350

-116

Y/Y change

0

2

(34)

7,867

Amount

FY2005

3

4

4

-671

Y/Y change

3

6

(30)

7,195

Amount

FY2006

Operating income

Net income

Ordinary income

Net sales

(Millions of yen)

Financial Results of Bay StarsFinancial Results of Bay Stars

-3

-6

30

-295

Y/Y change

0

0

0

6,900

Amount

FY2007 Forecast

21

© 2007 TBS

(Millions of yen)

Financial Results of BSFinancial Results of BS--ii

-1,223

1,371

1,372

622

Y/Y change

(5,222)

(2,594)

(2,601)

5,431

Amount

FY2005

3,690

1,067

1,069

857

Y/Y change

(1,531)

(1,527)

(1,531)

6,288

Amount

FY2006

Operating income

Net income

Ordinary income

Net sales

Cumulative loss at the end of FY2006: ¥36,889 million (+¥1,531 million year on year)

1,561

1,557

1,561

1,111

Y/Y change

30

30

30

7,400

Amount

FY2007 Forecast

22

© 2007 TBS

-568

930

Y/Y Change

12,962

23,353

FY2006

762

-3,147

Difference from forecast

Capital expenditure

Depreciation expenses

Consolidated

CAPEX & DepreciationCAPEX & Depreciation

-649

2,993

Y/Y Change

12,064

22,845

FY2006

564

-2,655

Difference from forecast

Capital expenditures

Depreciation expenses

Non-consolidated

13.0

59.0

FY2007 Forecast

12.0

56.0

FY2007 Forecast

(Millions of yen) (Billions of yen)

23

© 2007 TBS

(Millions of yen)

FY2005FY2006

Rate of Change (%)

Y/Y ChangeAmountRate of Change (%)

Y/Y ChangeAmount

22.5

-38.9

-38.8

1.1

-7.0

69.4

69.1

4.4

2,04711,152-78410,367Net income

-7,42311,6498,08319,732Ordinary income

-6,83610,7837,44618,229Operating income

2,781265,69511,705277,400Net sales

NonNon--Consolidated Statements of IncomeConsolidated Statements of Income

24

© 2007 TBS

4.4

0.3

7.8

6.7

-0.2

0.0

8.0

4.1

Rate of Change (%)

11,705

15

2,016

2,031

-24

29

9,668

9,673

Y/Y Change

277,400

4,650

27,849

32,500

11,684

103,048

130,167

244,900

Amount

FY2006

Rate of Change (%)

Y/Y ChangeAmount

265,695

4,635

25,833

30,468

11,708

103,019

120,499

235,227

FY2005

2,781

133

1,340

1,474

-688

-536

2,533

1,307

-0.5　(Spot sales)

1.1Total revenues

3.0　(Real estates)

5.5　(Operating)

5.1Other businesses

-5.6(Others)

2.1(Time sales, Programming)

0.6Television

(Millions of yen)

NonNon--Consolidated Revenue BreakdownConsolidated Revenue Breakdown

Revenue gain in television business from switch to collective sales from individual sales: ¥5.03 billion. Net gain after eliminating above factor: ¥4.64 billion (+2.0%)

Remarks

25

© 2007 TBS

9.1

-0.3

1H

3.3

-0.7

Mar.

15.7

-4.4

Sep.

-3.8

2.0

Aug.

9.7

-4.7

Jul.

2.6

1.5

4Q

21.3

-0.7

Nov.

8.7

1.5

Dec.

8.2

3.9

Jan.

-4.1

2.7

Feb.

4.8

-2.7

Oct.

7.0

0.4

2H

8.0

±0

Full year

9.6

0.5

Apr.

7.9

9.1

May

18.0

-3.3

Jun.

Time sales

Spot sales

(%)

80

90

100

110

120

130

Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.

SpotTime

TV TV RevenueRevenue IncreaseIncrease

(Figures in colored cells have matched previous fiscal year’ level.)

21.5 (+0.8)

-4.0

1H

21.9 (+0.2)

-0.6

2H

21.6 (±0)

1.4

4Q Full year

TBS’ spot share among

5 key broadcasters

Tokyo area -2.3

21.7 (+0.5)-0.1

0.4

2H Full yearDifference from plan

at interim period

Time sales

Spot sales 0.2

-0.1

(Y/Y change)

26

© 2007 TBS

5.4

5.6

5.6

6.7

7.0

7.3

8.5

9.7

10.3

11.5

Share

16.6

-26.8

6.5

-2.8

-3.1

1.0

24.6

-8.2

5.7

0.1

Increase/Decrease

Precision equipment and office machines

Finance

Communication and broadcasting

General electronic equipment

Drugs and medicines

Automobile and transportation

Entertainment and hobbies

Cosmetics and toiletries

Food products

Alcoholic and other beverages

FY2006

4.6

5.3

5.8

6.3

6.3

6.9

7.8

9.0

9.2

10.2

Share

-12.7Cosmetics and toiletries5

20.0Food products4

42.1Entertainment and hobbies3

10.0Automobile and transportation2

8.4Alcoholic and other beverages1

-24.9General electronic equipment10

-20.9Drugs and medicines9

-33.2Finance8

12.9Communication and broadcasting7

28.9Precision equipment and office machines6

Increase/Decrease

FY2006-Q4

（Ranking is according to sales amounts.) (%)

Segment Spot Sales RankingSegment Spot Sales Ranking

(Figures in colored cells have matched previous fiscal year’ level.)

27

© 2007 TBS

27,849

1,977

1,261

3,009

226

2,029

4,249

4,875

4,558

2,090

3,569

Full year

6,590

536

293

759

31

361

1,218

1,732

928

435

292

4Q

-761

21

-71

147

-16

-228

65

921

-126

-923

-551

Y/Y Change

BS/CS/BB programs sales

Overseas programs sales

Domestic programs sales

Movies and Animations (Program rights)

DVD (Software)

2, 016

8

192

624

78

482

412

1,687

-78

-1,207

-183

Y/Y change

Total

Content Business

Div.

Div. of Project

Develop.

Digital business (Mobile & Internet)

“Boys Over Flowers” extremely popular, “The Black Swindler” also well receivedVideo

business

Nasca exhibitions in several regions buoyed results

Culture business (Events)

－

Volleyball World Championships boosting performance from CS broadcasting

Overseas sales from Volleyball World Championships

“Nada Sou Sou - Tears for you - ”, “Sinking of Japan”, “xxxHOLiC”

Net sales reached a record high

Goods tied to volleyball world championships contributing

Licensing Planning & Development (Media commerce)

CS business turned profitable on annual basis for first time following growth in TBS-ch contracts

Communication Satellite business (TBS-ch / NB)

“Asa Zuba!” and “Niji-Pita!” sales boosted results

Content business

“Rent” musical and Yokohama Blitz contributedBusiness (Show enterprise)

Remarks on FY2006Description

(Millions of yen)

Head Office of Project Development RevenueHead Office of Project Development Revenue

28

© 2007 TBS

45,750

53,656

427,260

41,250

93,654

83,000

102,647

122,000

144,534

313,138

Sum total from the release

－102,647Into the White Night4

45,750

53,656

50,650

41,250

93,654

83,000

122,000

144,534

155,584

Number of packages sold

(Full Year)

－

－

Jun. 2002 on sale

－

－

－

－

－

Mar. 2006 on sale

Remarks

YAOH - King of the Night -7

The Yakuza Girl9

A Sweet Proposal10

Kisarazu Cat’s Eye8

RONDO6

A Song to the Sun5

I am a HOUSEWIFE3

The Black Swindler2

Boys Over Flowers1

Title

TopTop--10 DVD Sales10 DVD Sales

(Ranking is according to sales amount.)

(Units: single)

29

© 2007 TBS

-756

794

230

564

-1,550

-2,561

1,011

Y/Y change

－61,40462,198Second Half

－30,63630,866Fourth Quarter

－30,76731,331Third Quarter

123,500★

－

－

－

FY2007 Forecast

63,47661,926First Half

29,51030,522First Quarter

33,96531,403Second Quarter

124,880

FY2005

124,124

FY2006

Full Year

TV Program (Production) CostTV Program (Production) Cost

(Millions of yen)

(★Forecast includes margin for error of ¥500 million)

Direct costs: Program purchasing, broadcast rights payment, Studio sets construction, agent commission fee, etc.Indirect costs: Technical expenses, depreciation expenses, etc.

Main expenses included in the TV program cost:

30

© 2007 TBS

Viewer RatingsViewer Ratings,,Programming PoliciesProgramming Policies

and Motionand Motion--Picture LineupPicture Lineup

Senior Managing DirectorKenichiro Kidokoro

31

© 2007 TBS

65.265.843.3HUT

(6) 7.9(6) 8.4(6) 3.8TV Tokyo

(5) 10.4(5) 11.7 (5) 6.8NHK

(3) 12.2

(1) 14.3

(3) 12.2

(2) 12.6

Prime time

(4) 11.4

(1) 14.1

(3) 11.9

(2) 12.7

Golden time

(4) 7.5

(1) 9.2

(2) 8.3

(3) 7.8

All day

TV Asahi

Fuji Television

Nippon Television

TBS

(%)

(April 3, 2006 – April 1, 2007: On weekly basis)

Viewer Ratings in FY2006Viewer Ratings in FY2006

TBS recorded an average golden time and prime time viewer ratings for the year ended March 31, 2007 stood alone in second place!

TBS recorded an average golden time and prime time viewer ratings for the year ended March 31, 2007 stood alone in second place!

(Ranking is among key broadcasters in Tokyo)

32

© 2007 TBS

9.0

10.0

11.0

12.0

13.0

14.0

15.0

16.0

ＴＢＳ 12.2 13.2 12.3 11.6 12.8 13.3 12.1 14.1 12.5 13.0 12.4 13.0

Nippon Television 12.8 12.7 11.9 11.5 11.3 11.4 12.1 12.1 10.9 12.3 11.8 12.3

Fuji Television 15.0 14.9 13.6 14.3 13.5 13.8 14.1 13.7 14.8 13.7 13.7 14.5

TV Asahi 12.8 11.5 12.2 10.5 10.2 11.6 12.8 10.6 12.5 10.6 10.6 10.0

Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.

(On weekly basis)

(%)

Golden Time Viewer Rating TransitionGolden Time Viewer Rating Transition

11.614.111.9

12.7

Full Year Ave.

NTV

Fuji

ＴＢＳ

TV Asahi

33

© 2007 TBS

9.0

10.0

11.0

12.0

13.0

14.0

15.0

16.0

ＴＢＳ 12.5 13.1 12.3 11.6 12.5 13.2 12.1 13.4 12.1 13.2 12.6 13.0

Nippon Television 13.0 12.8 12.1 12.1 11.7 11.7 12.4 12.3 11.4 12.5 12.1 12.7

Fuji Television 15.2 15.1 13.6 14.4 13.6 14.1 14.7 14.1 15.2 13.7 13.5 14.5

TV Asahi 13.2 12.5 13.4 11.5 11.2 12.3 13.2 11.6 12.9 13.0 11.5 10.9

Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar.

Prime Time Viewer Rating TransitionPrime Time Viewer Rating Transition

(On weekly basis)

12.2

14.3

12.212.6

Full Year Ave.

(%)

NTV

Fuji

ＴＢＳ

TV Asahi

34

© 2007 TBS

(%)

(From April 3, 2006 to April 1, 2007: Weekly base)

TopTop--10 Regular Programs 10 Regular Programs 　　

13.8Sat. 22:00-Broadcaster10

13.9

14.5

15.7

16.0

16.6

16.8

18.2

21.6

24.4

Average viewer rating

Tue. 21:00-Zubari Iu Wayo5

Tue. 19:00-Pittanko Kan Kan4

Thu. 21:00-Hashida Sugako’s Drama “Relentlessness is Found Everywhere”3

Fri. 22:00-Friday Drama “Boys Over Flowers 2 (Returns)”2

Sun. 21:00-TBS’s 55th Anniversary “The Family”1

Sat. 21:00-Sekai Fusigi Hakken!9

Fri. 21:00-Nakai Masahiro’s Kinyoubi No Sumatachi E8

Fri. 22:00-Friday Drama “The Black Swindler ”7

Mon. 19:00-Tokyo Friendly Park6

ScheduleProgram title

35

© 2007 TBS

13.713.814.413.214.1Fufudo

14.214.413.214.719.4Jodan Ja Nai !

5th4th3rd2nd1st

Drama Ratings from April BroadcastDrama Ratings from April Broadcast

(%)

36

© 2007 TBS

Program Lineup in Summer & AutumnProgram Lineup in Summer & Autumn

A heartwarming story about a father (Hiroshi Tachi) and his teenage daughter (Yui Aragaki) who at first hardly speak to each other but eventually rebuild their kinship.

Sun. 21:00-7 Days for Daddy & Daughter

Starring Kazunari Ninomiya and Sho Sakurai, a success story in comedy about attractive high school students supporting a poor family

Fri. 22:00-Yamada Taro’s Monogatari

Love and friendship among women in their thirties; from the popular original work

Thu. 22:00-Title undecided

Comedy featuring a career woman daughter-in-law versus a mother-in-law career housewife!

Thu. 21:00-Title undecided

DescriptionSchedule　Dramas from Jul. to Sep.

Aya Ueto plays a high-class entertainer of men who wears a gorgeous kimono weighing 30 kg and has a relationship with Toshizo Hijikata, the second-ranked member of Shinsengumi, a special police force in the lastdays of the Tokugawa shogunate

AutumnWachigaiya Itosato –Women’s Shinsengumi

From an original work entitled “Futari no Masako” by author Sue Odate, the story of Masako Natsume, who died very young at the age of 27; the story marks the 23rd year since her death.

AutumnTitle undecided

Kazunari Ninomiya plays a young boy with autism who challenges himself to run a marathon; this miracle story brought 5.2 million Koreans to tearsAutumnMarathon

DescriptionScheduleSpecial dramas in autumn

37

© 2007 TBS

Focusing on life, thinking about the earthFocusing on life, thinking about the earth

Special projects through news and information programs

creature on the planet as well as energy as life and

how we must seriously address environmental concerns

that consider humanity from our perspective as another

Campaign

38

© 2007 TBS

FIVB World Grand PrixFIVB World Grand Prix

Tournament Dates / August 3 (Fri.)–August 26 (Sun.)Preliminary Round the 1st and 2nd week: Ariake colosseum, Tokyo

the 3rd week: Osaka Municipal Central GymnasiumSponsor / FIVB (Federation Internationale de Volleyball)Participating nations / 12 nations (World ranking)

　　　Asia: China (3rd), Japan (6th), Chinese Taipei (16th), Kazakhstan (19th)　　　Europe: Russia (1st), Italy (4th), Netherlands (10th), Poland (11th)　　　North and Central America: Cuba (5th), U.S.A. (7th), Dominica (14th)　　　South America: Brazil (2nd)

On air: Weekends (Fri. Sat. and Sunday) of August 3 to August 19

The final chapter heading towards Beijing Olympic!

39

© 2007 TBS

IAAF World Championship in Osaka!IAAF World Championship in Osaka!

Nagai Stadium in OsakaSponsor: IAAF (International Association of Athletics Federations)Participating nations / Area: 212Athletes, World Championships team officers, official member: Apprx. 3,200 (forecast)Number of events: 24 for men's athletics and 23 for women’s

On air: August 25 (Sat.)–September 2 (Sun.)

40

© 2007 TBS

FY2007 MotionFY2007 Motion--Picture LineupPicture Lineup

The short life of the legendary surfer Natsuki Ijima and the touching story of his love for his family

Takao Osawa, Misaki Ito

TohoTakehiko ArakiAug. 25Life – Tengoku De Kimi Ni Aetara

From a legendary comic book series that has sold 32 million copies, it has been turned into a film from the original works

Jun Oguri, Takayuki Yamada, Meisa Kuroki

TohoTakashi Miike Oct.CROW -Episode 0-

A best-selling love story with more than 1.2 million copies sold that originated from popularity on mobile websites

Yui Aragaki, Haruma Miura

TohoNatsuki ImaiAutumnSky of Love ~ Someone I love is there ~

Toei

Sho-chiku

Toei

Toho

Distributor

A program offshoot of 'King's Brunch', it vividly portrays an original story by Arata Tendo

Yuya Yagira, Satomi Ishihara

Yukihiko TsutsumiSep. 15The Bandage Club

Aug. 18

Jun. 23

Jun. 2

Show

Voice: Meisa Kuroki, Shosuke Tanihara, Yasuko Matsuyuki

Satoshi Tsumabuki

Takayuki Yamada, Masami Nagasawa, Takashi Tsukamoto

Casting

Fumihiko Sori

Yasuo Furuhata

Yuichiro Hirakawa

Director

Latest CG animation from OXYBOT, a consolidated subsidiary

VEXILLE 2077 Nihon Sakoku

A story of the three evil spirits comes to town when a man prays to God for help, from a best-selling novel by Jiro Asada.

Tsukigami

A story of three childhood friends that connected by an invisible force, love and friendship. Played by three popular stars.

Sonotoki wa Kare Ni Yoroshiku

DescriptionTitle

41

© 2007 TBS

All the information presented in this report, including projections of the company’soperating performance, is based on our judgment at the time of preparing this report.Therefore, we do not assure or guarantee the realization of the planned figurespresented, which include some risk and uncertainty. Please note that actual operatingperformance may differ from the stated projections, depending on changes ineconomic climate, market trends, business environment, etc.

Contact for Inquiries

Office of Investor RelationsTokyo Broadcasting System, Inc.

5-3-6 Akasaka, Minato-ku, Tokyo 107-8006, Japan

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