kabutan

PRAP Japan, First Half Ordinary Profit Decreases by 16%, Dec-Feb Ordinary Profit Decreases by 21%

Tue Apr 14, 2026 3:30 pm JST Earnings

2449 PRAP Japan,Inc. 【J-GAAP】

Earnings Report

PRAP Japan,Inc. <2449> [TSE Std] announced its financial results after the market closed on April 14th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending August 2026 (September 2025 to February 2026) decreased 16.0% from the same period last year to 263 million yen. Progress toward the full-year plan of 812 million yen was 32.4%, also falling below the five-year average of 47.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the March to August period (second half) is expected to expand 31.0% from the same period last year, reaching 549 million yen.

In the most recent three-month period, from December to February (2Q), the consolidated ordinary profit decreased to 165 million yen, a 21.1% decrease compared to the same period last year. The operating profit margin decreased from 10.4% in the same period last year to 8.5%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Sep - Feb, 2023 3,383 242 247 109 25.0 42.8 Apr 12, 2024 J-GAAP
Sep - Feb, 2024 3,566 307 313 158 35.8 42.8 Apr 11, 2025 J-GAAP
Sep - Feb, 2025 3,568 259 263 152 34.4 32.4 Apr 14, 2026 J-GAAP
YoY +0.1% -15.6% -16.0% -3.8% -3.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep - Feb, 2025 Guidance ー ー ー ー － 0 Oct 15, 2025 J-GAAP
Sep - Feb, 2025 Results 3,568 259 263 152 34.4 0 Apr 14, 2026 J-GAAP
Revision Rate － － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 3,822 411 419 318 71.8 41 Oct 15, 2025 J-GAAP
Mar - Aug, 2026 Guidance 4,532 553 549 352 79.0 41 Apr 14, 2026 J-GAAP
YoY +18.6% +34.5% +31.0% +10.7% +10.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2024 6,885 572 577 226 51.4 40 Oct 15, 2024 J-GAAP
Aug, 2025 7,388 718 732 476 107.5 41 Oct 15, 2025 J-GAAP
Aug, 2026 Guidance 8,100 812 812 504 113.1 41 Oct 15, 2025 J-GAAP
YoY +9.6% +13.1% +10.9% +5.9% +5.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2024 1,987 206 209 133 30.1 10.4 Apr 11, 2025 J-GAAP
Mar - May, 2025 1,746 204 206 152 34.4 11.7 Jul 15, 2025 J-GAAP
Jun - Aug, 2025 2,076 207 213 166 37.5 10.0 Oct 15, 2025 J-GAAP
Sep - Nov, 2025 1,651 97 98 41 9.3 5.9 Jan 14, 2026 J-GAAP
Dec - Feb, 2025 1,917 162 165 111 25.2 8.5 Apr 14, 2026 J-GAAP
YoY -3.5% -21.4% -21.1% -16.5% -16.6%

Related Articles