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PAL GROUP, 8% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term
2726 PAL GROUP Holdings CO.,LTD. 【J-GAAP】
Earnings ReportPAL GROUP Holdings CO.,LTD. <2726> [TSE Prime] announced its financial results after the market closed on April 7th (15:30). The consolidated ordinary profit for the fiscal year ended February 2026 increased by 13.4% from the previous period to 27.1 billion yen. For the fiscal year ending February 2027, the consolidated ordinary profit is expected to grow by 8.4% to 29.4 billion yen, marking the fifth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and profit growth.
In the most recent three-month period, from December to February (4Q), the consolidated ordinary profit amounted to 5.57 billion yen, an increase of 2.9% compared to the same period last year. However, the operating profit margin remained almost flat, changing from 9.7% in the same period last year to 9.6%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 192,544 | 18,605 | 18,839 | 12,845 | 73.7 | 25 | Apr 9, 2024 | J-GAAP |
| Feb, 2025 | 207,825 | 23,656 | 23,929 | 11,848 | 68.2 | 30 | Apr 8, 2025 | J-GAAP |
| Feb, 2026 | 234,704 | 27,144 | 27,129 | 17,714 | 102.0 | 40 | Apr 7, 2026 | J-GAAP |
| YoY | +12.9% | +14.7% | +13.4% | +49.5% | +49.5% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Guidance | 231,000 | 26,400 | 26,400 | 16,850 | 97.0 | 40 | Jan 13, 2026 | J-GAAP |
| Feb, 2026 Results | 234,704 | 27,144 | 27,129 | 17,714 | 102.0 | 40 | Apr 7, 2026 | J-GAAP |
| Revision Rate | +1.6% | +2.8% | +2.8% | +5.1% | +5.1% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 | 117,082 | 14,095 | 14,069 | 9,186 | 52.9 | 0 | Oct 7, 2025 | J-GAAP |
| Mar - Aug, 2026 Guidance | 126,000 | 15,000 | 15,000 | 9,850 | 56.7 | 0 | Apr 7, 2026 | J-GAAP |
| YoY | +7.6% | +6.4% | +6.6% | +7.2% | +7.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2025 | 207,825 | 23,656 | 23,929 | 11,848 | 68.2 | 30 | Apr 8, 2025 | J-GAAP |
| Feb, 2026 | 234,704 | 27,144 | 27,129 | 17,714 | 102.0 | 40 | Apr 7, 2026 | J-GAAP |
| Feb, 2027 Guidance | 253,000 | 29,400 | 29,400 | 19,000 | 109.4 | 40 | Apr 7, 2026 | J-GAAP |
| YoY | +7.8% | +8.3% | +8.4% | +7.3% | +7.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Feb, 2024 | 55,294 | 5,379 | 5,416 | 2,888 | 16.6 | 9.7 | Apr 8, 2025 | J-GAAP |
| Mar - May, 2025 | 58,727 | 7,854 | 7,857 | 5,234 | 30.2 | 13.4 | Jul 8, 2025 | J-GAAP |
| Jun - Aug, 2025 | 58,355 | 6,241 | 6,212 | 3,952 | 22.8 | 10.7 | Oct 7, 2025 | J-GAAP |
| Sep - Nov, 2025 | 59,270 | 7,445 | 7,487 | 4,814 | 27.7 | 12.6 | Jan 13, 2026 | J-GAAP |
| Dec - Feb, 2025 | 58,352 | 5,604 | 5,573 | 3,714 | 21.4 | 9.6 | Apr 7, 2026 | J-GAAP |
| YoY | +5.5% | +4.2% | +2.9% | +28.6% | +28.5% |
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