kabutan

Bic Camera Narrows Afternoon Losses After Raising Earnings Forecast and Dividend for Fiscal Year Ending August 2026

Fri Apr 10, 2026 12:50 pm JST Catalyst

Bic Camera Inc. <3048> narrowed its afternoon losses and briefly turned positive. Around noon, the company announced an upward revision to its consolidated earnings forecast for the fiscal year ending August 2026, raising its sales projection from \1.013 trillion to \1.022 trillion (up 4.9% year on year), operating profit from \30.5 billion to \34.4 billion (up 13.6%), and net profit from \17.5 billion to \18.4 billion (up 5.3%). The company also raised its year-end dividend forecast from \21 to \23 per share (annual dividend of \43), which was well received by the market.

In the first half, strong sales of personal computers and cameras, along with solid performance from its subsidiary operating mobile phone sales agencies, supported results. Cost control efforts across selling, general and administrative expenses also contributed. For the interim period ending February, Bic Camera reported sales of \508.429 billion (up 6.0% year on year), operating profit of \18.727 billion (up 25.6%), and net profit of \11.098 billion (up 23.2%).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

Related Articles