Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-290
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+8.2%
基準 2,478Target2,680million
Operating profit+0.0%
基準 2,026Target2,027million
Net income for the current fiscal year+0.0%
基準 2,026Target2,027million
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Operating profit marginFiscal year ended March 2026 actual: 36.2% → Not disclosed
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planFiscal year ending March 2026 plan: biz training 1,737 companies; tech training 296 companies → Fiscal year ended March 2026 actual: biz training 1,760 companies; tech training 264 companies（biz training +1.3%; tech training -10.8%）0.0%Calculated from the two disclosed figures
Key initiatives
01Increase the customer base by strengthening marketing and increasing headcount
02Strengthen systems
03Launch a new IT service related to human resources development
Plan assumptionsBased on an exchange rate of ¥160 to the US dollar, The company’s forecast for the Asian training market in 2028 is based on its growth-rate assumptions
Segment targetSegment biz training / Sales Target ¥1,650 million / Target period Fiscal year ending March 2027, Segment tech training / Sales Target ¥1,030 million / Target period Fiscal year ending March 2027
Non-financial targetsIndicator Number of customer companies for biz training (in-company training) / Target value 2,011 companies / Target period Fiscal year ending March 2027, Indicator Number of customer companies for tech training (in-company training and public courses) / Target value 236 companies / Target period Fiscal year ending March 2027, Indicator Headcount / Target value 67 / Target period Fiscal year ending March 2027
Size of the Target MarketSOM ¥433.1 billion. The business and IT training market. The 2024 training market size was calculated based on the 2023 training market size researched by Yano Research Institute, adjusted for the growth rate. / SAM ¥585.8 billion. The overall Japanese corporate training market, including certification and language training. 2024 training market size: researched by Yano Research Institute. / TAM ¥9.44 trillion. The Asian training market. 2024 global training market size: researched by Skyquest™, converted at an exchange rate of ¥160 to the US dollar. / Growth rate Forecast CAGR for the domestic training market (2024–2028): 2.8%; forecast CAGR for the Asian training market (2024–2028): 20.4%
Risks identified by the company
Risk related to seasonal fluctuations in business performance
Risk related to the company’s short operating history
Risk related to dependence on specific services
Risk related to securing employees
Risk related to securing instructors
Risk related to dependence on specific individuals
Risks related to information security
Reason for revision or withdrawal
The number of customer companies for tech training is expected to decline due to sluggish new customer acquisition. Inquiries through the website decreased from the previous fiscal year, resulting in fewer new customers. In addition, the company plans to invest actively in advertising and sales promotion expenses to support growth from the fiscal year ending March 2027 onward, and therefore expects operating income and income below operating income to decline from the previous fiscal year.
| Item | Details |
|---|---|
| Plan name | Explanatory Material on Business Plans and Growth Potential |
| Plan period | Fiscal year ending March 2027 (plan) |
| Progress against the plan | Annual update |
| Sales Target | Fiscal year ended March 2026 actual: 2,478 → Fiscal year ending March 2027 plan: 2,680（+8.2%） |
| Operating profit target | Fiscal year ended March 2026 actual: 898 → Fiscal year ending March 2027 plan: 608（-32.2%） |
| Operating profit margin target | Fiscal year ended March 2026 actual: 36.2% → Not disclosed |
| Net income target | Fiscal year ended March 2026 actual: 601 → Fiscal year ending March 2027 plan: 395（-34.2%） |
| Segment target | Segment biz training / Sales Target ¥1,650 million / Target period Fiscal year ending March 2027, Segment tech training / Sales Target ¥1,030 million / Target period Fiscal year ending March 2027 |
| Non-financial targets | Indicator Number of customer companies for biz training (in-company training) / Target value 2,011 companies / Target period Fiscal year ending March 2027, Indicator Number of customer companies for tech training (in-company training and public courses) / Target value 236 companies / Target period Fiscal year ending March 2027, Indicator Headcount / Target value 67 / Target period Fiscal year ending March 2027 |
| Plan assumptions | Based on an exchange rate of ¥160 to the US dollar, The company’s forecast for the Asian training market in 2028 is based on its growth-rate assumptions |
| Key initiatives | Increase the customer base by strengthening marketing and increasing headcount, Strengthen systems, Launch a new IT service related to human resources development |
| Results under the previous plan | Fiscal year ending March 2026 plan: biz training 1,737 companies; tech training 296 companies → Fiscal year ended March 2026 actual: biz training 1,760 companies; tech training 264 companies（biz training +1.3%; tech training -10.8%） |
| Reason for revision or withdrawal | The number of customer companies for tech training is expected to decline due to sluggish new customer acquisition. Inquiries through the website decreased from the previous fiscal year, resulting in fewer new customers. In addition, the company plans to invest actively in advertising and sales promotion expenses to support growth from the fiscal year ending March 2027 onward, and therefore expects operating income and income below operating income to decline from the previous fiscal year. |
| Size of the Target Market | SOM ¥433.1 billion. The business and IT training market. The 2024 training market size was calculated based on the 2023 training market size researched by Yano Research Institute, adjusted for the growth rate. / SAM ¥585.8 billion. The overall Japanese corporate training market, including certification and language training. 2024 training market size: researched by Yano Research Institute. / TAM ¥9.44 trillion. The Asian training market. 2024 global training market size: researched by Skyquest™, converted at an exchange rate of ¥160 to the US dollar. / Growth rate Forecast CAGR for the domestic training market (2024–2028): 2.8%; forecast CAGR for the Asian training market (2024–2028): 20.4% |
| Risks identified | Risk related to seasonal fluctuations in business performance, Risk related to the company’s short operating history, Risk related to dependence on specific services, Risk related to securing employees, Risk related to securing instructors, Risk related to dependence on specific individuals, Risks related to information security |
| Publication date | 2026/5/14 |
Items this document does not state (9)
ROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorDate of board resolution
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.The company explained that it plans to invest actively in advertising and sales promotion expenses to support growth from the fiscal year ending March 2027 onward, while expecting the impact of advertising on fiscal 2027 net sales to be limited. As a result, it forecasts lower operating income and lower income below operating income. It also expects tech training sales to reach 88.0% of the previous fiscal year’s level, due to sluggish growth in new customer acquisition following a decline in inquiries through the website.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.