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AP Holdings swings back to profit as net income reaches ¥1.14bn

Ordinary income came in at ¥721.8mn and net profit at ¥1.14bn for the year to March 2026, versus a loss a year earlier, with sales at ¥21.82bn.

Jun 26, 20261 min read
Editorial illustration of reset restaurant tables with receipt slips and a cash till tray, suggesting improved results.

AP Holdings returned to profit in the year ended March 2026, reporting ¥21.82bn in sales, ¥721.8mn in ordinary income and ¥1.14bn in profit attributable to owners of parent.

A year earlier, sales were ¥21.07bn, ordinary income was ¥253.0mn and profit attributable to owners of parent was a loss, so the latest report marks a clear step up in both operating and bottom-line performance.

The balance sheet also looked healthier at March 31. Net assets ended the year at ¥1.12bn, after negative net assets a year earlier, while total assets stood at ¥8.01bn.

What the filing excerpt does not offer is a management bridge for the rebound. The packet is strong on the scorecard and thin on the explanation, so the safe read is the simple one: AP Holdings is back to positive ordinary and parent-level profit, but the disclosed excerpt does not say exactly what drove the swing.