PARK24 lowered its forecast for consolidated net profit for the fiscal year ending October 2026 from the previous forecast of ¥44.0 billion to ¥38.5 billion. It also reduced its second-half net profit forecast to ¥8.84 billion, narrowing its projected profit growth.
PARK24 (TSE Prime, stock code 4666) announced an earnings revision after the market close on 23 October, lowering its forecast for consolidated net profit for the current fiscal year from the previous forecast of ¥44.0 billion to ¥38.5 billion, compared with ¥15.9 billion in the previous fiscal year. As a result, the projected profit growth multiple relative to the previous plan is expected to shrink from 2.8x to 2.4x.
The consolidated net profit calculated under the second-half earnings plan was reduced by 38.3% from the previous forecast of ¥14.3 billion to ¥8.84 billion, indicating that profit is expected to decline year on year in the second half.
Under this revision, the new full-year net profit forecast is ¥38,500 million, down from the previous forecast of ¥44,000 million. The revised forecast is expected to represent a year-on-year decline.
The company officially announced the earnings revision on 23 October 2026. Further disclosure is awaited on the performance of the second half and the factors affecting it.