BIKE O & COMPANY Ltd. held a results briefing on 6 July 2026. For the cumulative second quarter of the fiscal year ending November 2026, revenue was ¥19,595 million and operating profit was ¥262.94 million. Revenue increased year on year, while operating profit declined.
BIKE O & COMPANY Ltd. (3377.T) announced at its briefing on results for the second quarter of the fiscal year ending November 2026 that it had incorporated the upward revision made at the beginning of the fiscal year. Revenue was ¥19,595 million, up 4.9% year on year; operating profit was ¥262.94 million, down 18.0%; ordinary profit was ¥433.02 million, up 0.3%; and interim net income was ¥339.92 million, up 83.0%.
By segment, wholesale revenue was ¥10,108,000,000, up 6.4% year on year, and retail revenue was ¥7,305,000,000, up 6.2%. In wholesale, the number of units sold declined 2.6%, but the average unit price rose 9.2%. In retail, the number of units sold increased 6.7%, but the average unit price fell 0.4% as the proportion of Class 1 mopeds increased. Gross profit was ¥66, Betty245 million, up 4.3%.
As strategic investments, the company is expanding advertising using the Bakibaki Densetsu IP to strengthen marketing investment, while advancing IT investments such as digitizing purchase certificates and introducing a system for centralized management of customer touchpoints. These initiatives have led to improving trends in the purchase closing rate and gross margin, while ROE rose 1.9 percentage points year on year.
The full-year earnings forecast remains unchanged from the initial forecast at revenue of ¥38.7 billion, operating profit of ¥71 million, ordinary profit of ¥91 million and net income of ¥57 million. As part of its medium-term vision, the company is targeting revenue of ¥40 billion, ordinary profit of ¥1.6 billion and ROE of 12% for the fiscal year ending November 2028. The planned dividend is ¥11 for the full year, including ¥5.5 at fiscal year-end, and the company intends to maintain a payout ratio of 30%.
Facts: Revenue: ¥19,595 million, up 4.9% year on year Operating profit: ¥262.94 million (down 18.0% year on year) Interim net income: ¥339.92 million (up 83.0%) Full-year forecast: Revenue of ¥38.7 billion, operating profit of ¥71 million, etc., unchanged ROE: 4.7% (up 1.9 percentage points year on year) Dividend: ¥11 for the full year, ¥5.5 at fiscal year-end