For the second quarter of the fiscal year ending February 2027, consolidated net sales were 216,905 million yen (102.8% year-over-year), while operating income was 6,914 million yen and net income attributable to owners of parent was 4,583 million yen \u2014 representing revenue growth but profit decline. Full-year forecasts have been revised. Dividends of 66 yen were paid at the end of the second quarter, with an annual dividend forecast of 132 yen. The company opened new stores and renovated existing ones; store count stands at 147 Belc stores and 4 Culeve stores, totaling 151. Priority will be placed on securing customer traffic going forward.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9974","jir_company_name":"Belc CO., LTD.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9974-20261009-02.pdf","jir_short_summary":"For the second quarter of the fiscal year ending February 2027, consolidated net sales were 216,905 million yen (102.8% year-over-year), while operating income was 6,914 million yen and net income attributable to owners of parent was 4,583 million yen \u2014 representing revenue growth but profit decline. Full-year forecasts have been revised. Dividends of 66 yen were paid at the end of the second quarter, with an annual dividend forecast of 132 yen. The company opened new stores and renovated existing ones; store count stands at 147 Belc stores and 4 Culeve stores, totaling 151. Priority will be placed on securing customer traffic going forward.","jir_summary":"### Summary of Performance\nIn the interim period of the fiscal year ending February 2027, Belc achieved higher net sales year-over-year (216,905 million yen, 102.8% of the prior year). However, due to rising raw material costs and a competitive environment, gross profit margin declined by 0.1 percentage points and selling, general and administrative expenses increased, resulting in lower operating income, ordinary income and interim net income compared with the prior year. The company expanded its store network through new openings and renovations, but securing customer traffic remains the top priority. As the report represents a single retail segment, no segment breakdown is provided.\n\n### Outlook and Impact on Shareholders\nFull-year forecasts have been revised, and the company intends to improve profit margins through measures to secure customer traffic and control costs in light of ongoing price competition and cost increases. The company plans an annual dividend of 132 yen, with 66 yen paid at the end of the interim period, and the equity ratio is expected to remain stable. While capital policy may include continued new store openings and capital expenditures, external factors could continue to affect performance, so attention should be paid to future qualitative disclosures.","jir_financial_highlights":"Net Sales: 216,905 million yen (Year-over-Year 102.8%)\nOperating Income: 6,914 million yen (Year-over-Year 77.8%)\nOrdinary Income: 7,040 million yen (Year-over-Year 78.1%)\nNet Income Attributable to Owners of Parent (Interim): 4,583 million yen (Year-over-Year 74.6%)\nTotal Assets: 228,618 million yen (Compared with previous fiscal year +7,242 million yen)\nEquity Ratio: 54.2% (Compared with previous fiscal year \u22120.3%)","jir_category":"","jir_hashtags":"#Belc, #Earnings, #InterimEarnings","jir_key_figures":"Net Sales: 216,905 million yen (Year-over-Year 102.8% increase)\nOperating Income: 6,914 million yen (Year-over-Year 77.8% decrease)\nNet Income Attributable to Owners of Parent (Interim): 4,583 million yen (Year-over-Year 74.6% decrease)","jir_meta_title":"Belc CO., LTD. Announces Second Quarter Results for FY Ending Feb 2027 | Revenue Up but Profits Down","jir_meta_description":"Key points from Belc CO., LTD.'s interim financial summary for the fiscal year ending February 2027: net sales rose 102.8% year-over-year, while operating income and interim net income declined. Includes revisions to full-year forecasts, dividend policy, and store expansion status.","jir_og_title":"Belc Q2 Results: Revenue Increased but Profits Decreased","jir_og_description":"Belc CO., LTD.'s interim results for FY ending Feb 2027 show higher revenue but lower profits. 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