Hub Co., Ltd. (TSE: 3030), which operates the "HUB" and "82" British-style pub chain across Japan, reported non-consolidated results for the first quarter of its fiscal year ending February 2027 (the three months to May 31, 2026) under Japanese GAAP. Revenue rose 9.2% to ¥3,159 million, operating profit jumped 39.7% to ¥261 million and ordinary profit rose 42.0% to ¥257 million. Net profit, however, fell 24.2% to ¥146 million, with EPS of ¥11.62 versus ¥15.34.
Strong trading, distorted bottom line
Underlying trading was robust — sales and operating profit both grew at double-digit rates as customers returned to the chain's sports-and-social pub format. The fall in net profit reflects a high year-earlier base: the prior first quarter carried an unusually large tax benefit that lifted net profit to ¥192 million, so this year's more normal tax charge left the bottom line lower despite stronger operating earnings.
Balance sheet
Total assets stood at ¥6,792 million and net assets at ¥3,422 million, for an equity ratio of 49.8%.
Guidance and dividend
Management left its full-year forecast unchanged, guiding revenue of ¥12,000 million (+5.9%), operating profit of ¥600 million (+12.3%), ordinary profit of ¥580 million (+9.8%) and net profit of ¥330 million (-45.9%), with EPS of ¥26.24. The planned annual dividend is ¥10.00 per share (year-end), versus ¥11.00 the previous year.
| Metric | Q1 FY2/2027 | Q1 FY2/2026 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 3,159 | 2,894 | +9.2% |
| Operating profit (¥ million) | 261 | 187 | +39.7% |
| Ordinary profit (¥ million) | 257 | 181 | +42.0% |
| Net profit (¥ million) | 146 | 192 | -24.2% |
| Basic EPS (¥) | 11.62 | 15.34 | -24.3% |
| FY27 revenue guidance (¥ million) | 12,000 | 11,332 | +5.9% |
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