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Revision of earnings forecasts4720JOHNAN ACADEMIC PREPARATORY INSTITUTE,INC.Information and Communications, Services and Others

Notice of Revisions to Full-Year Consolidated Financial Forecasts and Recognition of an Extraordinary Loss

The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised downward to net sales of ¥5,621 million, operating profit of ¥77 million, ordinary profit of ¥80 million, and net income attributable to owners of the parent of ¥4 million. An impairment loss of ¥0.61 million on certain fixed assets and other assets in the one-on-one tutoring division will be recorded as an extraordinary loss. The year-end dividend forecast remains unchanged.

Worth reading
71In focus
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Direction
Deterioration
Direction inferred from the company’s description.
Scale
-95.7
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 20 May 2025
Net Sales5,901→5,621million
-4.7%
Operating profit149→77million
-48.3%
Ordinary income141→80million
-43.2%
Profit attributable to owners of the parent93→4million
-95.7%
Net income per share11.63→0.6yen and sen
-94.8%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the one-on-one tutoring division, enrollment among students in examination years has remained almost unchanged from the previous year. Enrollment in the video-based instruction division has increased and is above the previous year, but is expected to fall short of the earnings forecast. Although personnel expenses were reduced through staffing adjustments and operational streamlining, a subsidiary is also expected to fall short of plan, and net income is expected to be below the forecast due to the recording of extraordinary losses and other factors.

Details and amount of extraordinary loss

Primarily, an impairment loss of ¥0.61 million on certain fixed assets and other assets in the one-on-one tutoring division

Previous-period resultsNet sales: ¥5,623 million; operating loss: ¥230 million; ordinary loss: ¥228 million; net loss attributable to owners of the parent: ¥420 million; net loss per share: ¥52.39
Dividend forecast revisionNo revision. The year-end dividend remains unchanged at ¥7 per share, comprising a regular dividend of ¥5 and a commemorative dividend of ¥2.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥5,901 million → ¥5,621 million(-4.7%)
Operating profit¥149 million → ¥77 million(-48.3%)
Ordinary income¥141 million → ¥80 million(-43.2%)
Profit attributable to owners of the parent¥93 million → ¥4 million(-95.7%)
Net income per share11.63 yen and sen → 0.60 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast20 May 2025
Previous-period resultsNet sales: ¥5,623 million; operating loss: ¥230 million; ordinary loss: ¥228 million; net loss attributable to owners of the parent: ¥420 million; net loss per share: ¥52.39
Reason for the revisionIn the one-on-one tutoring division, enrollment among students in examination years has remained almost unchanged from the previous year. Enrollment in the video-based instruction division has increased and is above the previous year, but is expected to fall short of the earnings forecast. Although personnel expenses were reduced through staffing adjustments and operational streamlining, a subsidiary is also expected to fall short of plan, and net income is expected to be below the forecast due to the recording of extraordinary losses and other factors.
Details and amount of extraordinary lossPrimarily, an impairment loss of ¥0.61 million on certain fixed assets and other assets in the one-on-one tutoring division
Dividend forecast revisionNo revision. The year-end dividend remains unchanged at ¥7 per share, comprising a regular dividend of ¥5 and a commemorative dividend of ¥2.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the one-on-one tutoring division, enrollment among students in examination years has remained almost unchanged from the previous year. Enrollment in the video-based instruction division has increased and is above the previous year, but is expected to fall short of the earnings forecast. Although personnel expenses were reduced through staffing adjustments and operational streamlining, a subsidiary is also expected to fall short of plan, and net income is expected to be below the forecast due to the recording of impairment losses and other extraordinary losses.

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Notice of Revisions to Full-Year Consolidated Financial Forecasts and Recognition of an Extraordinary Loss | JOHNAN ACADEMIC PREPARATORY INSTITUTE,INC. (4720) timely disclosure | Komori