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PAPANETS, 9% Increase in Ordinary Profit, Update Record High for Fifth Consecutive Term

Tue Apr 14, 2026 3:30 pm JST Earnings

9388 PAPANETS CO.,Ltd. 【J-GAAP】

Earnings Report

PAPANETS CO.,Ltd. <9388> [FSE Q-bd] announced its financial results after the market closed on April 14th (15:30). The ordinary profit (non-consolidated) for the fiscal year ended February 2026 increased by 25.0% from the previous period to 460 million yen. For the fiscal year ending February 2027, the ordinary profit is expected to grow by 8.7% to 500 million yen, marking the fifth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and profit growth.

At the same time, the company increased the annual dividend for the previous term from 48 yen to 50 yen (compared to 138 yen in the prior term). For the current term, the company plans to remove the commemorative dividend of the previous term and set the dividend for this term at an ordinary dividend of 40 yen.

In the most recent three-month period, from December to February (4Q), the ordinary profit surged 2.0 times that of the same period last year, reaching 10 million yen. The operating profit margin remained almost flat, changing from 0.5% in the same period last year to 0.6%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 5,367 369 368 256 160.6 30 Apr 14, 2025 J-GAAP
Feb, 2026 5,771 464 460 305 166.4 50 Apr 14, 2026 J-GAAP
YoY +7.5% +25.7% +25.0% +19.1% +3.6%

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 5,663 455 433 284 148.2 48 Oct 15, 2025 J-GAAP
Feb, 2026 Results 5,771 464 460 305 166.4 50 Apr 14, 2026 J-GAAP
Revision Rate +1.9% +2.0% +6.2% +7.4% +12.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2025 2,971 363 356 238 135.2 30 Oct 15, 2025 J-GAAP
Mar - Aug, 2026 Guidance 20 Apr 14, 2026 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2025 5,367 369 368 256 160.6 30 Apr 14, 2025 J-GAAP
Feb, 2026 5,771 464 460 305 166.4 50 Apr 14, 2026 J-GAAP
Feb, 2027 Guidance 6,213 515 500 340 177.4 40 Apr 14, 2026 J-GAAP
YoY +7.7% +11.0% +8.7% +11.5% +6.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Dec - Feb, 2024 1,477 8 5 22 13.8 0.5 Apr 14, 2025 J-GAAP
Mar - May, 2025 1,521 226 218 141 84.5 14.9 Jul 15, 2025 J-GAAP
Jun - Aug, 2025 1,450 137 138 97 55.1 9.4 Oct 15, 2025 J-GAAP
Sep - Nov, 2025 1,355 92 94 61 33.7 6.8 Jan 14, 2026 J-GAAP
Dec - Feb, 2025 1,445 9 10 6 3.3 0.6 Apr 14, 2026 J-GAAP
YoY -2.2% +12.5% +100.0% -72.7% -76.3%

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