Bell-Park (9441) Q2 2026 earnings summary

Executive summary

• Net sales for 1H 2026 rose 5.6% year-over-year to ¥67,838 million, driven by higher device/accessory sales, increased unit prices, and expanded ancillary product sales despite a decrease in units sold.

• Operating income increased 34.4% year-over-year to ¥5,057 million, and profit attributable to owners of parent grew 37.1% to ¥3,514 million.

• Expanded customer base and recurring revenue through strategic sales events and package sales.

• Consolidated shop network, reducing the number of carrier shops by 6 to 317 as of June 2026, and increased full-time employees to support growth and efficiency.

• Continued focus on employee training and customer service excellence, winning industry awards.

Financial highlights

• Revenue/net sales: ¥67,838 million (up 5.6% year-over-year).

• Operating income/profit: ¥5,057 million (up 34.4% year-over-year).

• Ordinary income/profit: ¥5,164 million (up 36.2% year-over-year).

• Profit attributable to owners of parent: ¥3,514 million (up 37.1% year-over-year).

• Comprehensive income: ¥3,504 million (up 40.3% year-over-year).

Outlook and guidance

• 2026 full-year net sales/revenue forecast revised upward to ¥130,000 million (+0.5% YoY).

• Operating income/profit projected at ¥6,600 million (+12.2% YoY), with increased promotional and HR investments.

• Profit attributable to owners of parent forecast at ¥4,650 million (+12.6% YoY).

• No changes to previously announced forecasts as of this report.