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BOURBON, 25% Decrease in Ordinary Profit for The Current Fiscal Year, Dividend Raised by 2 Yen
2208 BOURBON CORPORATION 【J-GAAP】
Earnings ReportBOURBON CORPORATION <2208> [TSE Std] announced its financial results after the market closed on April 28th (15:45). The consolidated ordinary profit for the fiscal year ended March 2026 increased by 5.5% from the previous period to 8.00 billion yen. However, for the fiscal year ending March 2027, the consolidated ordinary profit is expected to decrease by 25.0% from the previous period to 6.00 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 44 yen, an increase of 2 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 35.3% from the same period last year, reaching 3.22 billion yen. The operating profit margin improved from 8.3% in the same period last year to 9.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 103,717 | 3,810 | 4,283 | 3,071 | 127.9 | 27 | Apr 26, 2024 | J-GAAP |
| Mar, 2025 | 113,475 | 7,470 | 7,585 | 5,566 | 231.2 | 37 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 | 120,303 | 7,496 | 8,004 | 5,913 | 244.6 | 42 | Apr 28, 2026 | J-GAAP |
| YoY | +6.0% | +0.3% | +5.5% | +6.2% | +5.8% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 119,700 | 7,300 | 7,700 | 5,700 | 235.8 | 42 | Jan 30, 2026 | J-GAAP |
| Mar, 2026 Results | 120,303 | 7,496 | 8,004 | 5,913 | 244.6 | 42 | Apr 28, 2026 | J-GAAP |
| Revision Rate | +0.5% | +2.7% | +3.9% | +3.7% | +3.7% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 52,929 | 1,485 | 1,569 | 1,128 | 46.7 | 20 | Oct 31, 2025 | J-GAAP |
| Apr - Sep, 2026 Guidance | 56,600 | 1,300 | 1,400 | 900 | 37.2 | 22 | Apr 28, 2026 | J-GAAP |
| YoY | +6.9% | -12.5% | -10.8% | -20.2% | -20.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 113,475 | 7,470 | 7,585 | 5,566 | 231.2 | 37 | Apr 25, 2025 | J-GAAP |
| Mar, 2026 | 120,303 | 7,496 | 8,004 | 5,913 | 244.6 | 42 | Apr 28, 2026 | J-GAAP |
| Mar, 2027 Guidance | 126,600 | 5,800 | 6,000 | 4,100 | 169.6 | 44 | Apr 28, 2026 | J-GAAP |
| YoY | +5.2% | -22.6% | -25.0% | -30.7% | -30.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Mar, 2025 | 30,651 | 2,538 | 2,385 | 1,884 | 78.3 | 8.3 | Apr 25, 2025 | J-GAAP |
| Apr - Jun, 2025 | 28,314 | 1,525 | 1,500 | 1,013 | 41.9 | 5.4 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 24,615 | -40 | 69 | 115 | 4.8 | -0.2 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 34,773 | 2,889 | 3,208 | 2,295 | 95.0 | 8.3 | Jan 30, 2026 | J-GAAP |
| Jan - Mar, 2026 | 32,601 | 3,122 | 3,227 | 2,490 | 103.0 | 9.6 | Apr 28, 2026 | J-GAAP |
| YoY | +6.4% | +23.0% | +35.3% | +32.2% | +31.6% |
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