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J.S.B., First Half Ordinary Profit Increases by 10%, Postponed Dividend for This Fiscal Year

Fri Jun 12, 2026 7:30 pm JST Earnings

3480 J.S.B.Co.,Ltd. 【J-GAAP】

Earnings Report

J.S.B.Co.,Ltd. <3480> [TSE Prime] announced its financial results after the market closed on June 12th (19:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending October 2026 (November 2025 to April 2026) increased 10.4% from the same period last year, reaching 8.50 billion yen. Progress toward the full-year plan of 8.73 billion yen was 97.4%, also surpassing the five-year average of 91.8%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit/loss for the May to October period (second half) is expected to turn into a profit of 0.22 billion yen (compared to a loss of 0.35 billion yen in the same period last year).

At the same time, In conjunction with a Tender Offer Bid (TOB), the company has decided to forgo the year-end lump-sum dividend of 115 yen for the current fiscal year.

In the most recent three-month period, from February to April (2Q), the consolidated ordinary profit grew 4.9% from the same period last year, reaching 8.82 billion yen. However, the operating profit margin decreased from 31.4% in the same period last year to 30.6%.

Kabutan News

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Progress Rate
vs. First Half
Announce Accounting
Standards
Nov - Apr, 2023
38,460M 7,120M 7,033M 6,800M 324.0 89.2 Jun 13, 2024 J-GAAP
Nov - Apr, 2024
42,302M 7,929M 7,703M 5,167M 244.9 104.8 Jun 13, 2025 J-GAAP
Nov - Apr, 2025
45,837M 8,653M 8,507M 6,654M 315.9 97.4 Jun 12, 2026 J-GAAP
YoY +8.4% +9.1% +10.4% +28.8% +29.0%
First Half Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Nov - Apr, 2025 Guidance 45,969M 8,296M 8,086M 5,456M 259.0 0 Dec 12, 2025 J-GAAP
Nov - Apr, 2025 Results 45,837M 8,653M 8,507M 6,654M 315.9 0 Jun 12, 2026 J-GAAP
Revision Rate -0.3% +4.3% +5.2% +22.0% +22.0%

Guidance Update

Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct, 2026 Prev 81,826M 9,159M 8,731M 5,935M 281.6 115 Dec 12, 2025 J-GAAP
Oct, 2026 New 81,826M 9,159M 8,731M 5,935M 281.6 0 Jun 12, 2026 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
May - Oct, 2025
33,743M -271M -356M -16M -0.8 105 Dec 12, 2025 J-GAAP
Guidance
May - Oct, 2026
35,989M 506M 224M -719M -34.1 0 Jun 12, 2026 J-GAAP
YoY +6.7% -4,393.8% -4,389.5%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Oct, 2024
69,529M 8,106M 7,886M 7,452M 354.8 72 Jan 23, 2025 J-GAAP
Oct, 2025
76,045M 7,658M 7,347M 5,151M 244.4 105 Dec 12, 2025 J-GAAP
Guidance
Oct, 2026
81,826M 9,159M 8,731M 5,935M 281.6 0 Jun 12, 2026 J-GAAP
YoY +7.6% +19.6% +18.8% +15.2% +15.2%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Feb - Apr, 2025
27,043M 8,493M 8,418M 5,653M 267.9 31.4 Jun 13, 2025 J-GAAP
May - Jul, 2025
16,894M 733M 692M 493M 23.4 4.3 Sep 12, 2025 J-GAAP
Aug - Oct, 2025
16,849M -1,004M -1,048M -509M -24.2 -6.0 Dec 12, 2025 J-GAAP
Nov - Jan, 2025
16,772M -254M -321M 382M 18.2 -1.5 Mar 13, 2026 J-GAAP
Feb - Apr, 2026
29,065M 8,907M 8,828M 6,272M 297.7 30.6 Jun 12, 2026 J-GAAP
YoY +7.5% +4.9% +4.9% +10.9% +11.1%