Source disclosure: January 14, 2026
BUNKYODO GROUP HOLDINGS CO.,LTD. [9978.T]
TOKYO, Jan 14 (Kyodo) -- Bunkyo-do Group Holdings Co., Ltd., listed on the Tokyo Stock Exchange under code number 9978, reported its first quarter earnings for the fiscal year ending August 2026. The company's consolidated results for the period from September 1, 2025 to November 30, 2025 showed a slight decline in sales and profitability compared to the same period last year.
The company recorded a consolidated 442 billion yen, marking a decrease of 0.3 percent from the previous year’s figure of 3.452 billion yen. Operating income fell by 0.3 percent to negative 44 million yen from negative 41 million yen in the corresponding period last year. Similarly, ordinary income decreased by 0.3 percent to negative 47 million yen from negative 49 million yen in the prior-year period. Net income attributable to owners of the parent company also declined slightly to negative 50 million yen from negative 52 million yen in the same quarter last year. This resulted in an earnings per share loss of 1.17 yen for the current quarter, down from 1.21 yen in the comparable quarter of the previous year.
Bunkyo-do Group noted that it had changed its accounting method for real estate leasing revenues and expenses from being included in extraordinary items to being reflected as part of sales and cost of goods sold. Consequently, the figures for the first quarter of the fiscal year ended August 2025 have been adjusted retrospectively according to this new method, which explains why there is no comparative growth rate provided for sales and operating income against the previous year.
Regarding the company's financial position, 143 billion yen as of the end of the reporting period, up from 9.559 billion yen in the previous year. Equity increased marginally to 1.105 billion yen from 1.156 billion yen, leading to a slight drop in the equity ratio to 10.9 percent from 12.1 percent. Shareholders' equity per share was reported at negative 10.12 yen, reflecting a continued struggle with asset valuation and operational performance.
Looking ahead, Bunkyo-do Group did not provide any interim dividend payments for the first quarter of the fiscal year ending August 2026, nor did they offer any expectations for future dividends. For the full fiscal year, the company projects a consolidated 0 billion yen, representing a decrease of 3.2 percent over the previous year. It anticipates operating income of 40 million yen, ordinary income of 35 million yen, and net income of 20 million yen, all showing significant declines compared to the previous year. The forecasted earnings per share stands at 0.42 yen for the entire fiscal year, indicating ongoing challenges in achieving profitability despite efforts to stabilize operations.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
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