France Bed Holdings reports mixed first half results, adjusts bond conversion

France Bed Holdings Co., Ltd. reported consolidated net sales of 29,259 million yen for the six months ended September 30, 2025, a marginal 0.0% increase year-over-year. However, operating profit decreased by 16.0% to 1,782 million yen, and ordinary profit fell 17.7% to 1,765 million yen. Profit attributable to owners of parent also saw a 20.9% decline, reaching 1,047 million yen, resulting in basic earnings per share of 31.20 yen.

Despite the mixed first-half performance, the company maintained its full-year earnings forecast for March 31, 2026, projecting 62,300 million yen in net sales and 3,050 million yen in profit attributable to owners of parent. Concurrently, France Bed Holdings announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2029. Following a resolution for an interim dividend of 17 yen per share, the conversion price was adjusted from 1,334.8 yen to 1,317.1 yen, effective October 1, 2025, or later.

The company also outlined its cash dividend forecast for the fiscal year ending March 31, 2026, with an interim dividend of 17.00 yen and a year-end dividend of 24.00 yen, totaling 41.00 yen per share.