Komori
Jtp (2488) · FactReframed

Revenue and profit growth in the education business driven by increased orders for new-employee training

First written in FY2018-Q1. 1 of 24 entries say "Reframed", first in FY2024-Q1. Latest entry: FY2024-Q1.

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ProgressHeldSoftenedWorseOtherFY2018-Q1 – FY20232017: 220172018: 420182019: 420192020: 420202021: 320212022: 420222023: 32023
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  1. FY2024-Q1ReframedAnnual report

    「The former Education Solutions Business was incorporated into the Digital Innovation Business」

    The former Education Solutions Business was changed from an independent segment to a reporting category incorporated into the Digital Innovation Business.
  2. FY2023Education business revenue decline and profit growth for the full yearAnnual report

    「As a result, full-year revenue in the Education Solutions Business was ¥578.691 million, down 3.4% year on year, and segment profit was ¥182.619 million, up 46.5%.」

    Although revenue declined due to lower demand for classroom-based training, the Education Solutions Business posted higher profit through fixed-cost reductions and the shift online.
  3. FY2023-Q3Education Solutions Business revenue decline and profit growth in the nine months ended DecemberAnnual report

    「As a result, revenue declined from the prior-year period while segment profit increased. Revenue in the Education Solutions Business for the nine-month period ended 31 December was ¥438.765 million, down 3.8% year on year, and segment profit was ¥137.184 million, up 58.3%.」

    Revenue declined against a backdrop of lower demand for classroom-based training and the completion of fixed-cost reductions, while segment profit increased 58.3% year on year as development began on Learning Booster, which delivers educational content online.
  4. FY2023-Q2Education Solutions Business revenue decline and profit growth in the first halfAnnual report

    「Due to the impact of COVID-19, measures to reduce fixed costs in response to changing demand for classroom-based training had been completed by the end of the previous fiscal year. As a result, revenue in the six-month period ended 30 September declined from the previous fiscal year, while segment profit increased. Revenue in the Education Solutions Business was ¥288.902 million, down 3.2% year on year, and segment profit was ¥89.119 million, up 86.1%.」

    Fixed-cost reductions had been completed by the end of the previous fiscal year in response to changing demand for classroom-based training. The Education Solutions Business therefore reported lower revenue, while segment profit increased 86.1% year on year.
  5. FY2023-Q1Education Solutions Business revenue decline and profit growth in the first quarterAnnual report

    「Due to the impact of COVID-19, measures to reduce fixed costs in response to changing demand for classroom-based training had been completed by the end of the previous fiscal year. As a result, revenue in the three-month period ended 30 June declined from the previous fiscal year, while segment profit increased. Revenue in the Education Solutions Business was ¥117.238 million, down 7.7% year on year, and segment profit was ¥25.804 million, up 1,050.3%.」

    Measures to reduce fixed costs in response to changing demand for classroom-based training were completed by the end of the previous fiscal year. The Education Solutions Business therefore reported lower revenue, while segment profit increased significantly.
  6. FY2022Education Solutions Business revenue and profit decline for the full yearAnnual report

    「As a result, full-year revenue in the Education Solutions Business was ¥598.859 million, down 11.8% year on year, and segment profit was ¥124.648 million, down 24.7%.」

    The business posted lower revenue and profit for the full year due to investment in new solutions, including educational content, and fixed-cost burdens.
  7. FY2022-Q3Education Solutions Business revenue and profit decline in the nine months ended DecemberAnnual report

    「As a result, revenue and profit declined year on year. Revenue in the Education Solutions Business for the nine-month period ended 31 December was ¥456.187 million, down 7.3% year on year, and segment profit was ¥86.667 million, down 25.9%.」

    While advancing the production of educational content and promotional activities, the Education Solutions Business posted lower revenue and profit in the nine months ended December.
  8. FY2022-Q2Education Solutions Business revenue and profit decline in the first halfAnnual report

    「As a result, revenue in the Education Solutions Business for the six-month period ended 30 September was ¥298.600 million, down 7.3% year on year, and segment profit was ¥47.884 million, down 33.9%.」

    The Education Solutions Business posted lower revenue and profit in the first half as client companies restrained education investment and the company invested in producing educational content and promotional activities.
  9. FY2022-Q1Education Solutions Business revenue and profit decline in the first quarterAnnual report

    「During the three-month period ended 30 June, revenue declined due to restrained education investment by client companies. In addition, the company invested in producing educational content and promotional activities to transform the business model described above, resulting in lower profit. As a result, revenue in the Education Solutions Business was ¥126.958 million, down 3.8% year on year, and segment profit was ¥2.243 million, down 78.7%.」

    The Education Solutions Business posted lower revenue and profit due to restrained education investment by client companies and investment in content production and promotional activities.
  10. FY2021-Q3Education Solutions Business revenue and profit decline in the nine months ended DecemberAnnual report

    「As a result, revenue in the Education Solutions Business for the nine-month period ended 31 December was ¥491.902 million, down 15.7% year on year, and segment profit was ¥116.896 million, down 38.2%.」

    Despite advancing the shift to online training, the business posted lower revenue and profit in the nine months ended December due to restrained education investment by client companies and limited reductions in operating costs for classrooms and other facilities.
  11. FY2021-Q2Education Solutions Business revenue and profit decline in the first halfAnnual report

    「As a result, revenue in the Education Solutions Business for the six-month period ended 30 September was ¥321.996 million, down 16.7% year on year, and segment profit was ¥72.431 million, down 40.3%.」

    Although the business responded by shifting from classroom-based to online training, the Education Solutions Business posted lower revenue and profit in the first half because it was unable to reduce operating costs for classrooms and other facilities.
  12. FY2021-Q1Education Solutions Business revenue and profit decline in the first quarterAnnual report

    「As a result, revenue in the Education Solutions Business for the three-month period ended 30 June was ¥132.027 million, down 27.9% year on year, and segment profit was ¥10.524 million, down 80.4%.」

    Although the business shifted from classroom-based training to online training, the Education Solutions Business reported lower revenue and a significant decline in segment profit.
  13. FY2020Education business revenue and profit growth for the full yearAnnual report

    「As a result, full-year revenue in the Education Solutions Business was ¥781.403 million, up 11.1% year on year, and segment profit was ¥255.451 million, up 34.7%.」

    The Education Solutions Business posted revenue and profit growth for the full year due to the office-area expansion and the broader use of the web-based examination delivery platform, among other factors.
  14. FY2020-Q3Education business revenue and profit growth in the nine months ended DecemberAnnual report

    「During the nine-month period ended 31 December, both revenue and operating profit increased due to the expansion of outsourced operations following the previous fiscal year's office-area expansion and the broader use of the web-based examination delivery platform, among other factors. As a result, revenue in the Education Solutions Business for the nine-month period ended 31 December was ¥583.578 million, up 11.7% year on year, and segment profit was ¥189.183 million, up 35.9%.」

    The Education Solutions Business posted revenue and profit growth due to the expansion of outsourced operations following the office-area expansion and the broader use of the web-based examination delivery platform.
  15. FY2020-Q2Education business revenue and profit growth in the first halfAnnual report

    「During the six-month period ended 30 September, both revenue and operating profit increased due to increased outsourcing orders for new-hire training in the technical training business and the expansion of outsourced operations following the expansion of the office area carried out in the previous fiscal year, among other factors. As a result, revenue in the Education Solutions Business for the six-month period ended 30 September was ¥386.744 million, up 21.5% year on year, and segment profit was ¥121.248 million, up 78.5%.」

    The Education Solutions Business posted revenue and profit growth in the first half due to increased outsourcing orders for new-hire training and the expansion of outsourced operations following the previous fiscal year's office-area expansion.
  16. FY2020-Q1Education business revenue and profit growth in the first quarterAnnual report

    「During the three-month period ended 30 June, both revenue and operating profit increased due to increased outsourcing orders for new-hire training in the technical training business and the expansion of outsourced operations following the expansion of the office area carried out in the previous fiscal year, among other factors.」

    The Education Solutions Business posted revenue and profit growth due to increased outsourcing orders for new-hire training and the expansion of outsourced operations following the previous fiscal year's office-area expansion.
  17. FY2019Education business revenue and profit growth for the full yearAnnual report

    「For the fiscal year, revenue in the Education Solutions Business was ¥703.080 million, up 2.7% year on year, and segment profit was ¥189.634 million, up 21.0%.」

    The Education Solutions Business posted revenue and profit growth for the full year, driven by large GAIT projects and other factors.
  18. FY2019-Q3Education business revenue decline and profit growth in the nine months ended DecemberAnnual report

    「During the nine-month period ended the third quarter, net sales were ¥522.447 million, down 0.8% year on year due to the completion of certain operations, while segment profit was ¥139.157 million, up 20.0%, due to winning a large GAIT engagement.」

    The Education Solutions Business posted lower revenue but higher profit in the nine months ended December due to the completion of certain operations and the receipt of a large GAIT project.
  19. FY2019-Q2Education business revenue and profit decline in the first halfAnnual report

    「During the six-month period ended 30 September, revenue was ¥318.333 million, down 6.1% year on year, and segment profit was ¥54.635 million, down 5.8%, due to the completion of certain operations.」

    The Education Solutions Business posted lower revenue and profit in the first half due to the completion of certain operations.
  20. FY2019-Q1Education business quarterly revenue decline and profit growthAnnual report

    「During the three-month period ended 30 June, revenue was ¥162.962 million, down 5.1% year on year, due to the completion of certain operations, while segment profit was ¥34.915 million, up 34.2%.」

    The Education Solutions Business reported lower revenue due to the completion of certain operations, while segment profit increased 34.2% year on year.
  21. FY2018Education business revenue and profit growth for the full yearAnnual report

    「For the fiscal year, revenue in the Education Solutions Business was ¥684.762 million, up 7.0% year on year, and segment profit was ¥156.712 million, up 50.4%.」

    The Education business posted revenue and profit growth for the full year due to orders for new-hire training, high classroom and instructor utilization, and an increase in the number of GAIT examinees.
  22. FY2018-Q3Education business revenue and profit growth in the nine months ended DecemberAnnual report

    「During the nine-month period ended the third quarter, net sales were ¥526.841 million, up 10.9% year on year, and segment profit was ¥115.981 million, up 57.0%, due to increased orders for new-hire training from customer companies, continued high utilization of classrooms and instructors in the technical training business, and a substantial increase in the number of GAIT examinees compared with the same period of the previous year.」

    The Education Solutions Business posted revenue and profit growth in the nine months ended December due to increased orders for new-hire training, high classroom and instructor utilization, and an increase in the number of GAIT examinees.
  23. FY2018-Q2Education business revenue and profit growth in the first halfAnnual report

    「During the six-month period ended 30 September, orders for new-hire training from client companies increased, while utilization rates for classrooms and instructors in the technical training business remained high. As a result, revenue was ¥338.934 million, up 8.9% year on year, and segment profit was ¥58.004 million, up 42.8%.」

    The Education Solutions Business posted revenue and profit growth in the first half due to increased orders for new-hire training and high classroom and instructor utilization.
  24. FY2018-Q1First statedAnnual report

    「As orders for new-hire training from client companies increased, utilization rates for classrooms and instructors in the technical training business remained high. As a result, revenue was ¥171.756 million, up 15.4% year on year, and segment profit was ¥26.017 million, up 144.7%.」

    The Education Solutions Business posted revenue and profit growth due to increased orders for new-hire training and high classroom and instructor utilization.
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