Low LeverageA very low debt-to-equity provides durable financial flexibility and resilience across cycles. It reduces interest burden, preserves investment capacity for product/market initiatives, and lowers insolvency risk, supporting stable operations and strategic optionality over the next 2–6 months.

Improving ProfitabilityMaterial margin recovery versus 2023 reflects operational progress and pricing or cost improvements that are not purely cyclical. If sustained, higher margins raise durable earnings power, improve reinvestment prospects, and create a structural foundation for better returns and cash generation.

Revenue Recovery TrendA continued topline rebound signals regained market traction and demand resilience after the 2023 downturn. Persistent revenue growth supports scale economies and margin expansion potential, underpinning sustainable profitability improvement over a multi-month horizon.

Bears Say

Volatile Free Cash FlowLarge swings in free cash flow reduce confidence that reported earnings will convert to cash consistently. That volatility can constrain dividends, capex funding, and working-capital management, increasing the risk that earnings gains are less durable without steadier cash conversion.

Thin FCF ConversionLow free-cash-flow-to-net-income implies earnings are not fully cash-backed, suggesting persistent working-capital drag or reinvestment needs. Structurally weak conversion limits the company’s ability to self-fund growth, pay sustained dividends, or de-risk the business over the medium term.

Moderate ReturnsROE improvement is positive but remains modest, which may cap long-term earnings power and shareholder upside absent further efficiency gains. Sustained value creation will require continued margin expansion or higher asset turnover to reach sector-leading return profiles.

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 ¥3350.00 in the past 12 months.

What is Bourbon Corporation’s market cap?

Bourbon Corporation’s market cap is ¥77.72B.

When is Bourbon Corporation’s upcoming earnings report date?

Bourbon Corporation’s upcoming earnings report date is Apr 24, 2026 which is in 45 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.