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KOBE BUSSAN, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 27%, Exceeded Record Profit Forecast, Dividend Revised Upward by 4 Yen
3038 KOBE BUSSAN CO.,LTD. 【J-GAAP】
Guidance Update ReportKOBE BUSSAN CO.,LTD. <3038> [TSE Prime] announced a revision to its performance and dividend after the market closed on December 8th (15:30). The consolidated ordinary profit forecast for the fiscal year ending October 2025 has been revised upward 27.0%, from the previous forecast of 37.8 billion yen to 48.0 billion yen (compared to 31.5 billion yen in the previous period), increasing the growth rate from 19.7% to 52.0%. The company has further increased its previous forecast of record profits for the first time in three years.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the May to October period (second half) consolidated ordinary profit is expected to increase 60.5%, from the previous forecast of 16.8 billion yen to 27.0 billion yen (compared to 13.5 billion yen in the same period of the previous year), increasing the growth rate from 24.6% to 99.9%.
In light of the strong performance, the company has increased its planned year-end lump-sum dividend for the last fiscal year from the original plan of 26 yen to 30 yen (compared to 23 yen in the previous period).
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2025 Prev | 252,694 | 18,614 | 16,871 | 9,733 | 43.9 | 26 | Jun 12, 2025 | J-GAAP |
| May - Oct, 2025 New | 279,394 | 20,714 | 27,071 | 17,533 | 79.2 | 30 | Dec 8, 2025 | J-GAAP |
| Revision Rate | +10.6% | +11.3% | +60.5% | +80.1% | +80.3% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct, 2025 Prev | 525,000 | 37,700 | 37,800 | 24,000 | 108.3 | 26 | Dec 13, 2024 | J-GAAP |
| Oct, 2025 New | 551,700 | 39,800 | 48,000 | 31,800 | 143.6 | 30 | Dec 8, 2025 | J-GAAP |
| Revision Rate | +5.1% | +5.6% | +27.0% | +32.5% | +32.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| May - Oct, 2024 | 259,760 | 16,630 | 13,540 | 9,098 | 41.2 | 23 | Dec 13, 2024 | J-GAAP |
| May - Oct, 2025 Guidance | 279,394 | 20,714 | 27,071 | 17,533 | 79.2 | 30 | Dec 8, 2025 | J-GAAP |
| YoY | +7.6% | +24.6% | +99.9% | +92.7% | +92.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct, 2023 | 461,546 | 30,717 | 29,970 | 20,560 | 93.6 | 22 | Dec 15, 2023 | J-GAAP |
| Oct, 2024 | 507,883 | 34,350 | 31,576 | 21,443 | 97.1 | 23 | Dec 13, 2024 | J-GAAP |
| Oct, 2025 Guidance | 551,700 | 39,800 | 48,000 | 31,800 | 143.6 | 30 | Dec 8, 2025 | J-GAAP |
| YoY | +8.6% | +15.9% | +52.0% | +48.3% | +47.9% |
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