Bell-Park Co.,Ltd. Raises Earnings & Dividend — Operating Profit +85%
Bell-Park Co.,Ltd. (TSE:9441), a mobile phone retail franchisee, has raised its earnings and dividend forecasts for the fiscal year ending December 2026 following stronger-than-expected first-half performance.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 62.0bn | JPY 67.8bn | +9.4% |
| Operating Profit | JPY 2.70bn | JPY 5.00bn | +85.2% |
| Ordinary Income | JPY 2.80bn | JPY 5.15bn | +83.9% |
| 親会社株主に帰属する中間純利益 | JPY 1.80bn | JPY 3.50bn | +94.4% |
| 1株当たり中間純利益 | JPY 147.05/share | JPY 285.93/share | +JPY 138.88/share |
For the full year, Bell-Park raised revenue guidance to JPY 130.0bn from JPY 120.0bn, operating profit to JPY 6.6bn from JPY 5.0bn, and net profit to JPY 4.65bn from JPY 3.3bn. The company’s career shop and corporate solutions divisions exceeded initial projections in the first half. Management acknowledged that second-half results will face headwinds from increased sales promotion spending, higher personnel costs, and system investments tied to company-wide PC equipment replacement. Despite these planned investments, full-year profitability is expected to exceed original guidance across all metrics.
The year-end dividend has been raised to JPY 93.00/share from JPY 51.00/share, bringing the annual dividend to JPY 144.00/share—a JPY 42.00 increase. The increase reflects management’s commitment to maintaining a consolidated dividend payout ratio of 30% or higher based on revised earnings forecasts.
The upward revision signals operational momentum in Bell-Park’s core retail business, though investors should note that second-half margin expansion may be limited by planned capital expenditures and cost pressures.
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.