FilingReader Intelligence

Kobe Bussan profit surges 42% on store expansion

July 22, 2025 at 06:40 AM UTCBy FilingReader AI

Kobe Bussan Co reported ordinary profit surged 42.0% to 4,013 million yen in June 2025, while net sales rose 6.2% to 45,100 million yen. Operating profit increased 25.9% to 3,179 million yen.

The Japanese discount retailer opened four new Gyomu Super stores in June, bringing its total to 1,110 stores. Product shipments to existing stores rose 4.3% year-on-year, with nationwide shipments up 6.9%.

Yen depreciation at month-end generated valuation profits on forward exchange contracts, boosting ordinary profit despite the company's ongoing currency hedging efforts.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3038Tokyo Stock Exchange

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