King Jim Revises Earnings & Dividend — Net Profit Up 61.5%
King Jim (TSE:7962) has revised its full-year earnings and dividend forecast for the fiscal year ending June 2026, raising net profit guidance sharply while trimming revenue expectations.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 40.5bn | JPY 39.1bn | -3.4% |
| Operating Profit | JPY 1.00bn | JPY 1.21bn | +21.0% |
| Ordinary Income | JPY 1.20bn | JPY 1.59bn | +32.5% |
| 親会社株主に帰属する当期純利益 | JPY 650M | JPY 1.05bn | +61.5% |
| １株当たり当期純利益 | JPY 23M | JPY 37M | +61.5% |
The office supplies and lifestyle products maker attributed the revenue decline of JPY 1.37bn to softer sales in household goods and underperformance at subsidiary Bon Kagu. However, the company expects significant margin expansion through price increases and cost efficiency improvements across operating and administrative expenses. Operating profit is forecast to rise 21.0% to JPY 1.21bn, while ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating items—is projected to climb 32.5% to JPY 1.59bn. Net profit attributable to parent shareholders is now expected to reach JPY 1.05bn, a 61.5% increase from the prior forecast.
The company also raised its annual dividend by JPY 1.00/share to JPY 15.00/share, reflecting improved profitability and a target payout ratio of 40% or higher. The dividend increase signals management confidence in operational improvements despite near-term revenue headwinds. For international investors, the revision underscores King Jim’s ability to offset volume declines through pricing power and operational leverage, though the revenue contraction warrants monitoring of underlying demand trends in its core markets.
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.