Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 14 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Customers have become more rigorous in scrutinizing the cost-effectiveness of their education and training budgets. As a result, revenue is expected to fall below plan because the acquisition of new large-scale projects from large enterprises has been delayed, contracts are starting at smaller scales, and existing large-enterprise customers are taking longer to decide on expanding company-wide use. While strategic investments are proceeding as planned, the delayed ramp-up in revenue meant that fixed costs could not be fully absorbed, and profit is also expected to fall below plan.
| Item | Details |
|---|---|
| Net Sales | 3,908 (standalone) → 3,438 (standalone) / 3,438 (consolidated)（-12.0% (standalone)） |
| Operating profit | 266 (standalone) → 147 (standalone) / 132 (consolidated)（-44.6% (standalone)） |
| Ordinary income | 263 (standalone) → 145 (standalone) / 130 (consolidated)（-44.8% (standalone)） |
| Profit attributable to owners of the parent | 223 (standalone net income) → 101 (standalone net income) / 85 (consolidated)（-54.4% (standalone)） |
| Net income per share | ¥18.05 (standalone) → ¥8.29 (standalone) / ¥6.98 (consolidated) |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 November 2025 |
| Previous-period results | Fiscal year ended September 2025: revenue ¥3,360 million, operating income ¥290 million, ordinary income ¥258 million, net income ¥175 million, earnings per share ¥14.31 (standalone) |
| Reason for the revision | Customers have become more rigorous in scrutinizing the cost-effectiveness of their education and training budgets. As a result, revenue is expected to fall below plan because the acquisition of new large-scale projects from large enterprises has been delayed, contracts are starting at smaller scales, and existing large-enterprise customers are taking longer to decide on expanding company-wide use. While strategic investments are proceeding as planned, the delayed ramp-up in revenue meant that fixed costs could not be fully absorbed, and profit is also expected to fall below plan. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (2)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Revenue is expected to fall below plan because the acquisition of new large-scale projects from large enterprises has been delayed, contract sizes have become smaller, and existing large-enterprise customers are taking longer to decide on expanding company-wide use and entering into additional contracts. Although the company proceeded with strategic investments, including strengthening its specialized sales structure for targeting large enterprises and expanding functionality, the delayed ramp-up in revenue meant that fixed costs could not be fully absorbed, and profit is also expected to fall below plan.