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PACK CORP, 2% Increase in Ordinary Profit for The Current Fiscal Year, Dividend Effectively Increased
3950 THE PACK CORPORATION 【J-GAAP】
Earnings ReportTHE PACK CORPORATION <3950> [TSE Prime] announced its financial results after the market closed on February 13th (15:30). The consolidated ordinary profit for the fiscal year ended December 2025 decreased by 9.1% from the previous period to 7.53 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to grow by 2.2% to 7.70 billion yen. This will be the sixth consecutive term of revenue growth.
At the same time, the annual dividend for this fiscal year is 42 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 1.6%.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit decreased to 3.01 billion yen, a 4.7% decrease compared to the same period last year. The operating profit margin worsened from 9.8% in the same period last year to 9.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 97,714 | 7,743 | 8,063 | 5,652 | 99.0 | 30 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 101,461 | 8,009 | 8,285 | 6,316 | 111.2 | 39.33 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 | 103,125 | 7,207 | 7,532 | 6,024 | 107.1 | 41.33 | Feb 13, 2026 | J-GAAP |
| YoY | +1.6% | -10.0% | -9.1% | -4.6% | -3.6% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 103,000 | 7,300 | 7,600 | 6,100 | 109.8 | 41.33 | Aug 12, 2025 | J-GAAP |
| Dec, 2025 Results | 103,125 | 7,207 | 7,532 | 6,024 | 107.1 | 41.33 | Feb 13, 2026 | J-GAAP |
| Revision Rate | +0.1% | -1.3% | -0.9% | -1.2% | -2.4% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 47,385 | 2,863 | 3,038 | 2,428 | 43.1 | 19.33 | Aug 12, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 49,000 | 3,000 | 3,100 | 2,200 | 39.6 | 17 | Feb 13, 2026 | J-GAAP |
| YoY | +3.4% | +4.8% | +2.0% | -9.4% | -8.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 101,461 | 8,009 | 8,285 | 6,316 | 111.2 | 39.33 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 | 103,125 | 7,207 | 7,532 | 6,024 | 107.1 | 41.33 | Feb 13, 2026 | J-GAAP |
| Dec, 2026 Guidance | 106,000 | 7,500 | 7,700 | 5,300 | 95.4 | 42 | Feb 13, 2026 | J-GAAP |
| YoY | +2.8% | +4.1% | +2.2% | -12.0% | -11.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 31,421 | 3,064 | 3,161 | 2,332 | 41.1 | 9.8 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 22,951 | 1,277 | 1,320 | 994 | 17.6 | 5.6 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 24,434 | 1,586 | 1,718 | 1,434 | 25.5 | 6.5 | Aug 12, 2025 | J-GAAP |
| Jul - Sep, 2025 | 24,218 | 1,415 | 1,483 | 1,018 | 18.1 | 5.8 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 31,522 | 2,929 | 3,011 | 2,578 | 45.9 | 9.3 | Feb 13, 2026 | J-GAAP |
| YoY | +0.3% | -4.4% | -4.7% | +10.5% | +11.7% |
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