PAL GROUP Holdings CO (2726) Q4 2026 earnings summary

Executive summary

• Revenue rose 12.9% year-over-year to ¥234,704 million, with operating profit up 14.7% and net profit attributable to shareholders up 49.5%.

• Growth driven by strong apparel and general merchandise sales, digital initiatives, and overseas expansion, especially in the 3COINS brand.

• Store count increased to 1,151, with 121 new openings and 48 closures.

Financial highlights

• Operating profit: ¥27,144 million (+14.7% YoY); recurring profit: ¥27,129 million (+13.4% YoY).

• Net profit attributable to shareholders: ¥17,714 million (+49.5% YoY).

• EPS: ¥102.01 (vs. ¥68.23 prior year, adjusted for stock split).

• Cash and equivalents at year-end: ¥96,264 million, up ¥10,548 million YoY.

Outlook and guidance

• FY2027 forecast: revenue ¥253,000 million (+7.8% YoY), operating profit ¥29,400 million (+8.3%), net profit ¥19,000 million (+7.3%).

• Focus on black ink for LOCUST, expansion of Discoat and 3COINS, and further digitalization.