Pal Group Holdings reports increased sales, lower profit for FY2025

Pal Group Holdings (TSE:2726) reported consolidated financial results for the fiscal year ended February 28, 2025, showcasing increased revenue but a decrease in profit attributable to owners. Net sales reached JPY207.825 billion, a 7.9% increase year-over-year, driven by growth in both the apparel (up 6.7% to JPY127.795 billion) and miscellaneous goods/accessories businesses (up 9.8% to JPY79.680 billion). Operating profit jumped 27.1% to JPY23.656 billion and ordinary profit increased 27.0% to JPY23.929 billion. Profit attributable to owners, however, declined by 7.8% to JPY11.848 billion. This was partly due to the recognition of special retirement payments of JPY3.158 billion to founder Hidetaka Inoue as extraordinary losses. Looking ahead, Pal Group expects continued growth with net sales projected to reach JPY231 billion, operating profit to JPY26.4 billion and profit attributable to owners of parent to JPY16.850 billion. Furthermore, the company announced an increased year-end dividend of JPY60 per share.