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Pan Pacific International, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 3%, Raises Record High Profit Forecast
7532 Pan Pacific International Holdings Corporation 【J-GAAP】
Earnings ReportPan Pacific International Holdings Corporation <7532> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending June 2026 (July to December) increased 11.0% from the same period last year, reaching 96.4 billion yen.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 2.9%, from the previous forecast of 167 billion yen to 172 billion yen (compared to 158 billion yen in the previous period), increasing the growth rate from 5.4% to 8.5%, further surpassing the previous forecast of record-high profits for seventeen consecutive terms.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the January to June period (second half) is expected to grow 5.4% from the same period last year, reaching 75.5 billion yen.
In the most recent three-month period, from October to December (2Q), the consolidated ordinary profit amounted to 54.2 billion yen, a 1.0% decrease compared to the same period last year. The operating profit margin remained almost flat, changing from 8.4% in the same period last year to 8.3%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2023 | 1,047,594 | 75,501 | 73,607 | 48,214 | 16.2 | 49.5 | Feb 13, 2024 | J-GAAP |
| Jul - Dec, 2024 | 1,128,614 | 89,749 | 86,914 | 53,977 | 18.1 | 54.8 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 | 1,210,122 | 93,994 | 96,469 | 63,734 | 21.3 | 56.1 | Feb 12, 2026 | J-GAAP |
| YoY | +7.2% | +4.7% | +11.0% | +18.1% | +18.0% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2025 Guidance | 1,170,500 | 89,800 | 88,600 | 57,700 | 19.3 | 3 | Aug 18, 2025 | J-GAAP |
| Jul - Dec, 2025 Results | 1,210,122 | 93,994 | 96,469 | 63,734 | 21.3 | 3 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +3.4% | +4.7% | +8.9% | +10.5% | +10.5% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2026 Prev | 2,327,000 | 170,000 | 167,100 | 105,500 | 35.3 | 8.50 | Aug 18, 2025 | J-GAAP |
| Jun, 2026 New | 2,435,000 | 174,000 | 172,000 | 107,000 | 35.8 | 8.50 | Feb 12, 2026 | J-GAAP |
| Revision Rate | +4.6% | +2.4% | +2.9% | +1.4% | +1.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 1,118,144 | 72,547 | 71,628 | 36,535 | 12.2 | 5.20 | Aug 18, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 1,224,878 | 80,006 | 75,531 | 43,266 | 14.5 | 5.50 | Feb 12, 2026 | J-GAAP |
| YoY | +9.5% | +10.3% | +5.4% | +18.4% | +18.3% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun, 2024 | 2,095,077 | 140,193 | 148,709 | 88,701 | 29.7 | 6 | Aug 16, 2024 | J-GAAP |
| Jun, 2025 | 2,246,758 | 162,296 | 158,542 | 90,512 | 30.3 | 7 | Aug 18, 2025 | J-GAAP |
| Jun, 2026 Guidance | 2,435,000 | 174,000 | 172,000 | 107,000 | 35.8 | 8.50 | Feb 12, 2026 | J-GAAP |
| YoY | +8.4% | +7.2% | +8.5% | +18.2% | +18.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 578,023 | 48,689 | 54,803 | 33,511 | 11.2 | 8.4 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 559,593 | 38,934 | 38,754 | 21,894 | 7.3 | 7.0 | May 14, 2025 | J-GAAP |
| Apr - Jun, 2025 | 558,551 | 33,613 | 32,874 | 14,641 | 4.9 | 6.0 | Aug 18, 2025 | J-GAAP |
| Jul - Sep, 2025 | 573,283 | 41,348 | 42,189 | 28,477 | 9.5 | 7.2 | Nov 12, 2025 | J-GAAP |
| Oct - Dec, 2025 | 636,839 | 52,646 | 54,280 | 35,257 | 11.8 | 8.3 | Feb 12, 2026 | J-GAAP |
| YoY | +10.2% | +8.1% | -1.0% | +5.2% | +5.2% |
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