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Lapine Co. Swings to Profit in First Quarter

A return to profitability defines Lapine Co.’s latest financial results, with the firm posting a net profit of 14 million yen for the quarter ending May 31, 2026. This performance marks a significant recovery from the 72 million yen loss recorded during the same period last year.

Lapine Co. Swings to Profit in First Quarter

Revenue for the Japanese firm slipped to 455 million yen from 478 million yen a year earlier. Despite the dip in top-line growth, the company managed to narrow its operating losses, reporting 66 million yen compared to the 71 million yen deficit seen in 2025. Pretax figures followed a similar trajectory, improving to a loss of 64 million yen from the previous year's 70 million yen.

Earnings per share reached 5.98 yen, a sharp turnaround from the loss of 30.74 yen per share reported in the first quarter of the prior year. These figures, prepared under Japanese accounting standards, reflect a shift in the company's financial position despite ongoing pressure on revenue streams.

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