Conservative Balance SheetVery low leverage (debt-to-equity ~0.05) and a sizable equity base provide durable financial flexibility. This reduces refinancing and interest-rate risk, supports investment or shareholder returns during cycles, and underpins resilience through sector downturns over months to years.

Improving ProfitabilitySustained margin improvement versus 2023 signals operational progress (cost control, pricing or mix). If maintained, higher operating and net margins can translate to stronger cash generation and return on equity over the medium term, improving business durability and funding optionality.

Revenue Recovery TrendA multi-year revenue rebound indicates market demand recovery and stabilization of top-line drivers. Persistent revenue growth supports margin expansion and scale economics, making improvements more likely to stick over the next several quarters if product positioning and distribution remain intact.

Bears Say

Thin Free Cash FlowLow FCF-to-net-income conversion constrains the company's ability to fund capex, buybacks, or dividends from internal cash. Over months, thin free cash flow reduces cushion against earnings variability and limits strategic flexibility despite accounting profits.

Volatile Cash GenerationLarge swings in free cash flow indicate working-capital sensitivity or uneven operational cash conversion. Structural volatility raises execution risk and complicates planning for reinvestment or distributions, weakening confidence in earnings sustainability over multiple quarters.

Modest Returns And Margin LevelROE near 8% and modest net margins constrain long-term capital return potential and indicate limited competitive moat. Without sustained margin expansion or structural differentiation, returns may remain moderate and cap the pace of durable value creation over the medium term.

2208 FAQ

What was Bourbon Corporation’s price range in the past 12 months?

Bourbon Corporation lowest stock price was ¥2365.00 and its highest was ¥3075.00 in the past 12 months.

What is Bourbon Corporation’s market cap?

Bourbon Corporation’s market cap is ¥72.31B.

When is Bourbon Corporation’s upcoming earnings report date?

Bourbon Corporation’s upcoming earnings report date is Apr 24, 2026 which is in 66 days.

How were Bourbon Corporation’s earnings last quarter?

Bourbon Corporation released its earnings results on Jan 30, 2026. The company reported ¥94.95 earnings per share for the quarter, beating the consensus estimate of N/A by ¥94.95.

Is Bourbon Corporation overvalued?

According to Wall Street analysts Bourbon Corporation’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Bourbon Corporation pay dividends?

Bourbon Corporation pays a Semiannually dividend of ¥20 which represents an annual dividend yield of 1.55%. See more information on Bourbon Corporation dividends here

What is Bourbon Corporation’s EPS estimate?

Bourbon Corporation’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Bourbon Corporation have?

Bourbon Corporation has 27,700,000 shares outstanding.

What happened to Bourbon Corporation’s price movement after its last earnings report?

Bourbon Corporation reported an EPS of ¥94.95 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.184%.

Which hedge fund is a major shareholder of Bourbon Corporation?

Currently, no hedge funds are holding shares in JP:2208

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Bourbon Corporation

Bourbon Corporation manufactures and sells food and beverage products in Japan and internationally. The company offers cookies, wheat flour crackers, bean snacks, candies, deserts, rice biscuits, snacks, delicacies, chocolates, chewing gums, mineral water, coffee, cocoa beverages, and other soft drinks; and powdered cocoa, liquor, rice, bread, and instant ramen. It markets its products through vending machines and mail orders. The company was formerly known as Kitanihon Shokuhin Kogyo Corporation and changed its name to Bourbon Corporation in June 1989. Bourbon Corporation was founded in 1924 and is headquartered in Kashiwazaki, Japan.