Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 8 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
This was due to ASKUL, LINE MAN and the consolidated PayPay business performing above the initial assumptions based on consolidated results for the second quarter (first half) of the fiscal year ending March 2027, and the profitability of the consolidated PayPay business exceeding the initial assumptions and, together with the benefit of higher revenue, absorbing increases in selling expenses, payment processing fees and other costs. The dividend was increased in light of the upward revision and the shareholder return policy.
| Item | Details |
|---|---|
| Net Sales | ¥2,240,000 million → ¥2,330,000 million（4.0%） |
| Net income per share | ¥30 (adjusted EPS) → ¥35 (adjusted EPS)（16.7%） |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Revenue ¥2,036,366 million, adjusted EBITDA ¥496,681 million, adjusted EPS ¥28.73 |
| Reason for the revision | This was due to ASKUL, LINE MAN and the consolidated PayPay business performing above the initial assumptions based on consolidated results for the second quarter (first half) of the fiscal year ending March 2027, and the profitability of the consolidated PayPay business exceeding the initial assumptions and, together with the benefit of higher revenue, absorbing increases in selling expenses, payment processing fees and other costs. The dividend was increased in light of the upward revision and the shareholder return policy. |
| Dividend forecast revision | The forecast year-end dividend was increased by ¥1.00, from ¥11.00 to ¥12.00 per share. The total annual dividend was revised from ¥11.00 to ¥12.00 per share. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (4)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Based on consolidated results for the second quarter (first half), ASKUL and LINE MAN in the Commerce business and the consolidated PayPay business performed above the initial assumptions. On the earnings side, in addition to the benefit of higher revenue, the profitability of the consolidated PayPay business exceeded expectations and absorbed increases in selling expenses, payment processing fees and other costs. The dividend was increased in light of the upward earnings forecast revision and the shareholder return policy.