Japan´s Zojirushi (TSE:7965) jumps 22% on 2025 guidance upgrade
Buyback announcement and new profit projection boosts Yeti peer market value
Shares of Zojirushi Corporation (TSE: 7965) jumped 20% on the Tokyo Stock Exchange on July 1, following the announcement of an upward revision to its full-year earnings forecast and the completion of the first phase of a share repurchase program. The sharp rally reflects renewed investor confidence in the Japanese home appliance manufacturer.
Zojirushi is a Japanese company that manufactures high-quality household appliances, including rice cookers, water boilers, bread makers, and vacuum-insulated bottles. They are known for user-friendly designs, innovative technology, and a focus on everyday comfort.
The company also promotes Japanese food culture through restaurants and rice-focused initiatives. Better known peer Yeti YETI 0.00%↑ from the USA is not a direct peer of Zojirushi, but there is some overlap in product categories including the drinkware/insulated container segment.
Upgraded Earnings Forecast
On June 30, Zojirushi announced an upward revision to its consolidated earnings forecast for the fiscal year ending November 20, 2025. The new projections are:
Net sales: ¥90.0 billion (previously ¥89.5 billion)
Operating profit: ¥7.0 billion (previously ¥5.75 billion)
Ordinary profit: ¥7.5 billion (previously ¥6.45 billion)
Net profit attributable to owners: ¥4.8 billion (revised from ¥4.25 billion)
Earnings per share (EPS): ¥72.46 (up from ¥63.55)
This represents a 12.9% increase in projected net profit compared to the previous forecast.
However, on July 1, the company issued a correction, noting an earlier error in the announced percentage increase in net profit. The actual increase is ¥550 million (not ¥650 million as originally reported), reflecting a 12.9% gain rather than the previously stated 15.3%.
Share Buyback Completed
Also on July 1, Zojirushi announced it had completed a repurchase of 1,082,600 shares for a total of ¥1.45 billion, executed via the Tokyo Stock Exchange's ToSTNeT-3 off-auction trading system. The buyback is part of a broader program authorized by the Board of Directors on June 30 to repurchase up to 2.9 million shares (4.42% of outstanding shares, excluding treasury stock) for a maximum total of ¥3.4 billion through November 20, 2025.
The company stated the purpose of the buyback is to enhance shareholder returns and capital efficiency. Additional repurchases may be conducted through both off-auction and market trading methods.
Zojirushi also pays a strong dividend that has been increased by more than 300% in the last decade alone. The stock currently yields 2.6% at a stock price of ¥1,637.
On June 30, 2025, Zojirushi declared an interim dividend of ¥20 combined with a special dividend of ¥10 per share.
Market Reaction
Following the twin announcements, shares of Zojirushi surged by 20% on July 1, making it one of the day's top gainers in Tokyo.
With stronger earnings expectations and a clear commitment to shareholder value, Zojirushi has positioned itself as a standout performer among Japanese mid-cap stocks. Investors will be watching closely to see how the company follows through in the second half of its fiscal year.
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And Zojirushi closed up another 8% today!