FinancialBushiroad
Bushiroad Issues Financial Report for First Quarter of Fiscal 2026
14 Nov 20251 pages~3 min full read
Bushiroad reported a strong Q1 fiscal 2026, with net sales rising 12.2% year-over-year to 13,766 million yen and operating profit surging 226.6% to 1,668 million yen.
The company achieved a significant financial turnaround compared to the same period in fiscal 2025, with ordinary profit reaching 1,932 million yen and profit attributable to owners of the parent hitting 1,663 million yen.
Management issued a conservative full-year outlook for fiscal 2026, projecting a 0.3% decline in net sales to 56,000 million yen and a 7.6% decrease in operating profit to 4,500 million yen.
The company's equity-to-asset ratio improved to 52.7% as of September 30, 2025, up from 47.7% at the end of the previous fiscal year.
Following a two-for-one share split effective October 1, 2025, the company reported a post-split quarterly profit per share of 12.27 yen, compared to 0.42 yen in the prior year's first quarter.
The projected annual dividend for fiscal 2026 is set at 2.50 yen per share on a post-split basis, reflecting a cautious stance for the remainder of the fiscal year ending June 30, 2026.
Bushiroad Inc. experienced significant growth in profitability during the first quarter of fiscal year 2026, covering the period from July 1, 2025, to September 30, 2025. Net sales reached 13,766 million yen, representing a 12.2% increase compared to the same period in the previous fiscal year. This revenue growth was accompanied by a substantial surge in operating profit, which rose 226.6% to 1,668 million yen. Ordinary profit and profit attributable to owners of the parent also saw dramatic improvements, reaching 1,932 million yen and 1,663 million yen respectively, rebounding from much lower or negative figures in the prior year.
The financial position of the company remains stable, with total assets valued at 47,971 million yen and net assets increasing to 26,844 million yen. This resulted in an improved equity-to-asset ratio of 52.7%, up from 47.7% at the end of fiscal 2025. A notable corporate action during this period was a two-for-one share split effective October 1, 2025. Consequently, profit per share for the quarter was 12.27 yen when calculated on a post-split basis, a sharp increase from the 0.42 yen recorded in the first quarter of fiscal 2025.
Despite the strong start to the year, the full-year forecast for fiscal 2026 suggests a more conservative outlook. Management anticipates annual net sales of 56,000 million yen, a slight decrease of 0.3% year-over-year. Operating profit for the full year is projected to decline by 7.6% to 4,500 million yen, while profit attributable to owners of the parent is expected to drop 21.0% to 2,700 million yen. The company plans an annual dividend of 2.50 yen per share on a post-split basis, reflecting a cautious approach to the remainder of the fiscal year ending June 30, 2026.
