Hikari Business Form Co., Ltd. Revises Earnings Forecast — Operating Profit Up 66.7%
Hikari Business Form Co., Ltd. (TSE:3948) has raised its earnings forecast for the fiscal year ending December 2026, citing improved cost management and successful price pass-through initiatives.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| H1 2026 (Jan–Jun) | ||||
| Revenue | JPY 4,100M | JPY 4,155M | JPY 55M | 1.3% |
| Operating Profit | JPY 200M | JPY 388M | JPY 188M | 94.0% |
| Ordinary Income | JPY 200M | JPY 415M | JPY 215M | 107.5% |
| Net Profit | JPY 140M | JPY 270M | JPY 130M | 92.9% |
| EPS | JPY 26.02/share | JPY 50.22/share | JPY 24.20/share | 93.0% |
| Full Year 2026 | ||||
| Revenue | JPY 7,700M | JPY 7,700M | — | — |
| Operating Profit | JPY 300M | JPY 500M | JPY 200M | 66.7% |
| Ordinary Income | JPY 300M | JPY 500M | JPY 200M | 66.7% |
| Net Profit | JPY 210M | JPY 340M | JPY 130M | 61.9% |
| EPS | JPY 39.03/share | JPY 63.24/share | JPY 24.21/share | 62.0% |
The company attributes the revision to three factors: successful price adjustments offsetting rising material, logistics, and labor costs; stabilized process management following consolidation of printing operations; and increased outsourcing of printing functions. These measures have reduced the cost of sales ratio, driving margin expansion despite flat revenue guidance.
The revision demonstrates improving operational efficiency. With revenue held steady at JPY 7.7bn while operating profit surges 66.7% to JPY 500M, Hikari Business Form is demonstrating stronger profit conversion. The first-half performance—showing operating profit nearly double the prior forecast—suggests the company’s cost optimization initiatives are gaining traction ahead of schedule.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.