Lapine FY25 sales beat expectations, losses narrow amid cost controls

Lapine (TSE:8143) today announced its fiscal year 2025 (FY25) results, revealing sales of JPY 2.042 billion, surpassing its previous forecast of JPY 1.950 billion. While the company still reported a net loss attributable to the parent company of JPY 134 million, this was an improvement over the projected loss of JPY 390 million. The operating loss also narrowed, coming in at JPY 360 million versus the forecast of JPY 450 million loss.