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.