J.S.B., First Half Ordinary Profit Increases by 10%, Postponed Dividend for This Fiscal Year
3480 J.S.B.Co.,Ltd. 【J-GAAP】
Earnings ReportJ.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
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
38,460M | 7,120M | 7,033M | 6,800M | 324.0 | 89.2 | Jun 13, 2024 | J-GAAP |
|
|
42,302M | 7,929M | 7,703M | 5,167M | 244.9 | 104.8 | Jun 13, 2025 | J-GAAP |
|
|
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% |
| 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
| 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
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
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% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
69,529M | 8,106M | 7,886M | 7,452M | 354.8 | 72 | Jan 23, 2025 | J-GAAP |
|
|
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 |
|---|---|---|---|---|---|---|---|---|
|
|
27,043M | 8,493M | 8,418M | 5,653M | 267.9 | 31.4 | Jun 13, 2025 | J-GAAP |
|
|
16,894M | 733M | 692M | 493M | 23.4 | 4.3 | Sep 12, 2025 | J-GAAP |
|
|
16,849M | -1,004M | -1,048M | -509M | -24.2 | -6.0 | Dec 12, 2025 | J-GAAP |
|
|
16,772M | -254M | -321M | 382M | 18.2 | -1.5 | Mar 13, 2026 | J-GAAP |
|
|
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% |
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