Palemo Holdings Swings to Profit in First Quarter

Revenue for the quarter reached 3.36 billion yen, a marginal decline from the 3.39 billion yen reported in the previous year. Despite the dip in top-line growth, the company successfully optimized its core business operations, resulting in an operating profit of 30 million yen compared to a 14 million yen loss in the prior year.

Pretax profit also entered positive territory, standing at 24 million yen against the previous year’s 17 million yen loss. These figures, prepared under Japanese accounting standards, reflect improved efficiency across the firm’s portfolio. Consequently, basic earnings per share reached 1.01 yen, recovering from a loss of 2.06 yen per share in the same quarter of 2025.