Bell-Park Co.,Ltd.

9441・Standard Market・Information & Communication

Official website

Bell-Park Co.,Ltd.

9441・Standard Market・Information & Communication

Official website

Bell-Park Co.,Ltd.9441

Reference Indicators

Market Cap

313¥100M

P/E (Forecast)

—

P/B

1.2x

Dividend Yield (Forecast)

3.99%

ROE

13.5%

EV/EBITDA

2.9x

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	107,281	102,778	115,485	116,038	129,301
Cost of Sales	81,798	79,142	90,609	89,127	98,117
Gross Profit	25,483	23,635	24,876	26,911	31,183
SG&A Expenses	20,806	20,101	21,345	22,647	25,303
Operating Income	4,677	3,534	3,531	4,263	5,880
Non-operating Income	80	88	54	97	188
Non-operating Expenses	111	35	13	8	51
Ordinary Income	4,646	3,588	3,571	4,352	6,017
Extraordinary Income	183	551	98	237	30
Extraordinary Losses	155	352	249	126	136
Pre-tax Income	4,673	3,786	3,420	4,463	5,911
Income Taxes	1,396	1,264	1,039	1,286	1,782
Net Income	3,277	2,521	2,381	3,177	4,128
EBITDA	5,163	4,010	3,938	4,588	6,142
Gross Margin	23.8%	23.0%	21.5%	23.2%	24.1%
Operating Margin	4.4%	3.4%	3.1%	3.7%	4.5%
ROA	7.6%	5.8%	5.0%	6.3%	9.5%
ROE	11.8%	8.5%	7.6%	9.6%	13.5%