Kobe Bussan raises full-year forecasts, increases dividends amid strong performance

Kobe Bussan announced revisions to its consolidated financial results forecast for the fiscal year ending October 31, 2025. Net sales are now anticipated at JPY 551,700 million, an increase of JPY 26,700 million (5.1%) from the previous forecast. Operating profit is projected at JPY 39,800 million, up JPY 2,100 million (5.6%), while ordinary profit is expected to reach JPY 48,000 million, a substantial increase of JPY 10,200 million (27.0%). Profit attributable to owners of parent is revised to JPY 31,800 million, up JPY 7,800 million (32.5%), leading to an earnings per share forecast of JPY 143.63.

The company attributes the improved outlook to steady progress in new store openings for its Gyomu Super business and solid shipments to existing stores. This was supported by strong customer preference for value amid inflation and a weaker yen. Profit margins also improved due to thorough price pass-through measures, optimized procurement, and enhanced logistics efficiency. Ordinary profit further benefited from subsidy income related to plants and the reversal of mark-to-market valuation losses from terminated derivatives used for hedging foreign exchange risk.

Consequently, Kobe Bussan revised its year-end dividend forecast for the fiscal year ending October 31, 2025, from JPY 26.00 to JPY 30.00 per share. This includes an ordinary dividend of JPY 26.00 and a special dividend of JPY 4.00 per share, reflecting the company's commitment to returning profits to shareholders.