TBS Holdings, Inc. is a diversified Japanese conglomerate with core operations spanning media broadcasting, content production, and real estate, predominantly within Japan. Its media arm encompasses traditional television and radio broadcasting services. Furthermore, the company develops, produces, and markets a range of multimedia content, from video and audio to musical works. Beyond media, TBS Holdings extends its reach into retail, handling general merchandise, manufacturing and distributing cosmetic products, and operating various e-commerce and direct-to-consumer sales channels. Its real estate division offers comprehensive property services, encompassing leasing, maintenance, and management. This includes specialized facility operations like studio and climate control, as well as parking lot management. The company further provides corporate support services such as staffing and accounting, handles land rentals, supplies heat, leases equipment, and acts as a non-life insurance agent. Established in 1951, and headquartered in Tokyo, Japan, the company underwent a name change in October 2020, evolving from Tokyo Broadcasting System Holdings, Inc. to its present identity as TBS Holdings, Inc.