BookOff FY26 Net Profit Rises 31% to ¥2.76 Billion; Annual Dividend Raised to ¥36

Japan's largest secondhand-goods retailer grew revenue 9.2% to ¥130.12 billion and operating profit 27.7% to ¥4.41 billion, with net profit up 31.5% to ¥2.76 billion. The annual dividend was raised to ¥36.00 from ¥25.00, and management guides to further growth in FY5/2027.

BookOff secondhand-goods store interior BookOff Group Holdings Limited · Tokyo Stock Exchange Standard

BookOff Group Holdings Limited (TSE: 9278) reported consolidated FY5/2026 results under Japanese GAAP. Revenue rose 9.2% to ¥130,123 million; operating profit rose 27.7% to ¥4,405 million; ordinary profit rose 20.9% to ¥4,720 million; and net profit attributable to owners rose 31.5% to ¥2,763 million. Basic EPS was ¥157.45 (prior ¥108.54), and comprehensive income rose 40.8% to ¥3,105 million.

Reuse-retail momentum

Growth was led by the reuse business — secondhand books, media, apparel, brand-name goods and hobby items — as the operator of the BookOff and BookOff SUPER BAZAAR banners benefited from strong demand for pre-owned goods. Operating profit grew three times faster than revenue as the sales mix shifted toward higher-value categories.

Scope changes

During the year the group newly consolidated BookOff Hokkaido and BookOff International while removing J&K Trading LLC, refining its domestic and overseas store portfolio.

Balance sheet & cash flow

Total assets were ¥60,937 million and net assets ¥21,431 million, an equity ratio of 34.7%; book value per share was ¥1,204.85. Operating cash flow was ¥4,894 million against a ¥3,042 million investing outflow and a ¥2,100 million financing outflow, leaving period-end cash of ¥6,459 million.

Dividend raised; FY27 guidance

The FY5/2026 annual dividend was raised to ¥36.00 per share from ¥25.00, a payout ratio of 22.9%. For FY5/2027 the company guides revenue of ¥139,000 million (+6.8%), operating profit of ¥4,700 million (+6.7%), ordinary profit of ¥5,000 million (+5.9%) and net profit of ¥2,800 million (+1.3%), with EPS of ¥159.52 and a ¥40.00 dividend.

BookOff Group Holdings — FY5/2026 Key Financials (J-GAAP, consolidated)
MetricFY5/2026FY5/2025YoY
Revenue (¥ billion)130.12119.21+9.2%
Operating profit (¥ billion)4.413.45+27.7%
Ordinary profit (¥ billion)4.723.90+20.9%
Net profit attrib. to owners (¥ billion)2.762.10+31.5%
Basic EPS (¥)157.45108.54+45.1%
Annual dividend (¥)36.0025.00+44.0%
FY27 net profit guidance (¥ billion)2.80+1.3%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.