PATH Adjusts FY2026 Forecast Higher Due to Strong Auction Performance

TOKYO, Apr 14 (Pulse News Wire) – PATH Corporation (3384.NG) adjusted its fiscal year 2026 forecast higher due to strong auction performance and reduced store closures compared to previous estimates. For the period ending February 28, 2026, the revised forecast shows revenue of ¥14.89 billion, operating profit of ¥1.05 billion, ordinary profit of ¥850 million, and net profit per share of ¥140.

This represents increases of 3.6%, 38.1%, 42.0%, and 38.5% respectively compared to the initial projections released on January 09, 2026. The improved outlook stems from robust buyer activity during winter auctions, leading to higher-than-expected sales volumes and profits.

Additionally, fewer fitness center renovations than initially planned resulted in lower revenue losses and exceeded projected earnings. In the prior fiscal year ended February 28, 2025, PATH reported revenues of ¥14.4 billion, operating profit of ¥750 million, ordinary profit of ¥586 million, and net profit per share of ¥100.