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Hikari Business Form Co., Ltd. logo

Hikari Business Form Co., Ltd.

3948.T

JPXIndustrialsSpecialty Business Services

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Latest quote

¥1,160

+¥1.00 · +0.09%

Aug 24, 11:30 AM JST

3948.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Hikari Business Form Co., Ltd., headquartered in Hachioji, Japan, has been delivering a diverse range of printing and document management solutions since its inception in 1968. The company's offerings encompass data printing, direct mail services, and business process outsourcing (BPO). They also specialize in the creation of business forms and various custom tools, in addition to providing web-based solutions. Furthermore, their expertise covers comprehensive commercial printing services, from initial planning and production to redesigning existing materials.

Industry
Specialty Business Services
Sector
Industrials
Headquarters
JP
CEO
Yasuhiro Matsumoto
Listed since
Feb 21, 1968
Employees
391

Market position

Day range

Current ¥1,160

52-week range

Current ¥1,160

Open
¥1,161
Previous close
¥1,159
Volume
500
0.12× average
Average volume
4.01K
Average daily volume
Market cap
6.23B JPY
Beta
-0.41
Market reference 1
50-day average
¥1,130.98
+2.57% above average
200-day average
¥1,205.33
-3.76% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%21%10%-1%Gross margin, FY2021: 26.28%Gross margin, FY2022: 28.61%Gross margin, FY2023: 27.44%Gross margin, FY2024: 20.31%Gross margin, FY2025: 21.23%Operating margin, FY2021: 12.54%Operating margin, FY2022: 16.41%Operating margin, FY2023: 12.86%Operating margin, FY2024: 2.26%Operating margin, FY2025: 2.61%Net margin, FY2021: 8.56%Net margin, FY2022: 10.61%Net margin, FY2023: 7.57%Net margin, FY2024: 2.04%Net margin, FY2025: 1.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.28%. Gross margin FY2022 28.61%. Gross margin FY2023 27.44%. Gross margin FY2024 20.31%. Gross margin FY2025 21.23%. Operating margin FY2021 12.54%. Operating margin FY2022 16.41%. Operating margin FY2023 12.86%. Operating margin FY2024 2.26%. Operating margin FY2025 2.61%. Net margin FY2021 8.56%. Net margin FY2022 10.61%. Net margin FY2023 7.57%. Net margin FY2024 2.04%. Net margin FY2025 1.96%.

Income trends

Revenue

7.74B JPY-2.17%

Operating income

202.18M JPY+13.23%

Net income

151.74M JPY-5.89%
Income trends across reported periods13.18B JPY8.44B JPY3.7B JPY−1.03B JPYRevenue, FY2021: 9.57B JPYRevenue, FY2022: 11.99B JPYRevenue, FY2023: 9.88B JPYRevenue, FY2024: 7.92B JPYRevenue, FY2025: 7.74B JPYOperating income, FY2021: 1.2B JPYOperating income, FY2022: 1.97B JPYOperating income, FY2023: 1.27B JPYOperating income, FY2024: 178.55M JPYOperating income, FY2025: 202.18M JPYNet income, FY2021: 819.21M JPYNet income, FY2022: 1.27B JPYNet income, FY2023: 748.02M JPYNet income, FY2024: 161.25M JPYNet income, FY2025: 151.74M JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 9.57B JPY. Revenue FY2022 11.99B JPY. Revenue FY2023 9.88B JPY. Revenue FY2024 7.92B JPY. Revenue FY2025 7.74B JPY. Operating income FY2021 1.2B JPY. Operating income FY2022 1.97B JPY. Operating income FY2023 1.27B JPY. Operating income FY2024 178.55M JPY. Operating income FY2025 202.18M JPY. Net income FY2021 819.21M JPY. Net income FY2022 1.27B JPY. Net income FY2023 748.02M JPY. Net income FY2024 161.25M JPY. Net income FY2025 151.74M JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue7.74B JPY7.92B JPY9.88B JPY11.99B JPY9.57B JPY
Cost of goods sold6.1B JPY6.31B JPY7.17B JPY8.56B JPY7.05B JPY
Gross profit1.64B JPY1.61B JPY2.71B JPY3.43B JPY2.51B JPY
Selling, general, and administrative1.39B JPY1.37B JPY1.37B JPY1.38B JPY1.24B JPY
Operating expenses1.44B JPY1.43B JPY1.44B JPY1.46B JPY1.31B JPY
Interest income27.29M JPY27.14M JPY27.52M JPY21.67M JPY19.25M JPY
Interest expense6.66M JPY4.41M JPY6.88M JPY11.23M JPY15.19M JPY
Depreciation and amortization194.72M JPY362.75M JPY239.45M JPY295.01M JPY311.2M JPY
Operating income202.18M JPY178.55M JPY1.27B JPY1.97B JPY1.2B JPY
Net income151.74M JPY161.25M JPY748.02M JPY1.27B JPY819.21M JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
25.74

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates27.8517.647.43-2.77Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 1.14, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 19.59, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual -0.663, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 11.49, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 4.71, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 12.18, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 25.09, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 25.74, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates2.31B2.08B1.85B1.61BQ4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 8, 2024: actual 2.06B JPY, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 13, 2025: actual 2.05B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 1.7B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 2.1B JPY, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 30, 2025: actual 1.92B JPY, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 10, 2026: actual 2.02B JPY, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 12, 2026: actual 1.92B JPY, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 2.22B JPY, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥45.00

2025 complete year+28.6% since 2021

2026 partial: ¥25.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥25.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥25.00

Semi-Annual

Record Jun 30, 2026 · Payment Sep 4, 2026

Dividend

Ex-dividend Dec 29, 2025

¥25.00

Semi-Annual

Record Dec 31, 2025

Dividend

Ex-dividend Jun 27, 2025

¥20.00

Semi-Annual

Record Jun 30, 2025 · Payment Aug 29, 2025

Dividend

Ex-dividend Dec 27, 2024

¥20.00

Semi-Annual

Record Dec 31, 2024 · Payment Mar 31, 2025

Dividend

Ex-dividend Jun 27, 2024

¥18.00

Semi-Annual

Record Jun 30, 2024 · Payment Aug 30, 2024

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