Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
8.8
¥100 million (market capitalization of tradable shares; the criterion is ¥1 billion or more)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+40.5%
基準 20,286Target28,505million
Operating profit+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.
What happened to the previous planInitial forecast (figures not disclosed) → Revenue of ¥20,286 million and operating profit of ¥481 million (actual for the fiscal year ended February 2026)
Investment amount by sectorGrowth Investment, Focused investment in brands targeting high school students, New Store Openings, M&A
Statements about the use of capital
Payout ratio / DOE policyTarget consolidated dividend payout ratio of 30%, with a floor dividend of ¥5 per share. For the current fiscal year, the fiscal year ending February 2027, the Company plans to pay ¥7.81 per share, representing a dividend payout ratio of 30.0%. The Company aims to maintain stable dividends over the medium to long term.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Improving business performance through transformation of the business portfolio and strategic growth
02Structural reform and higher value-added services in the cram school business
03Expanding market share and improving operating efficiency in the language-related business
04Establishing lifelong support through M&A and new businesses in the childcare and nursing care businesses
05Strengthening a sustainable competitive advantage through a unique human capital platform
06Establishing a self-sustaining recruitment platform
07The 3 pillars of growth for individuals and the organization
08Management that is conscious of the cost of capital and share price, and shareholder return policy
09Implementing the new dividend policy
10Promoting and strengthening IR activities and enhancing information dissemination
11Disclosure of medium- to long-term policies and KPIs
12Ongoing dialogue with investors
Plan assumptionsDeclining birth rate and aging population, Policies to make high school tuition free, Policies to expand the acceptance of foreign workers, Tightening of the accredited Japanese-language educational institution system, Increase in dual-income households, Revisions to long-term care fees and demand for longer healthy life expectancy
Risks identified by the company
Decline in the target population due to the declining birthrate
Decline in the rate of attendance at cram schools due to higher education costs
Labor shortages in labor-intensive industries
Industry reorganization accompanying the tightening of the accredited Japanese-language educational institution system
Risk of designation as a security under supervision, designation as a security to be delisted, and delisting if the market capitalization of tradable shares does not meet the criteria during the improvement period ending 28 February 2027
| Item | Details |
|---|---|
| Plan name | Plan to Meet Continued Listing Criteria (Entering the Improvement Period) |
| Plan period | 28 February 2026 to 28 February 2027 (improvement period) |
| Progress against the plan | Formulated |
| Sales Target | 20,286 (actual for the fiscal year ended February 2026) → 28,505 (forecast for the fiscal year ending February 2027) |
| Operating profit target | 481 (actual for the fiscal year ended February 2026) → 785 (forecast for the fiscal year ending February 2027) |
| Payout ratio / DOE policy | Target consolidated dividend payout ratio of 30%, with a floor dividend of ¥5 per share. For the current fiscal year, the fiscal year ending February 2027, the Company plans to pay ¥7.81 per share, representing a dividend payout ratio of 30.0%. The Company aims to maintain stable dividends over the medium to long term. |
| Investment amount by sector | Growth Investment, Focused investment in brands targeting high school students, New Store Openings, M&A |
| Plan assumptions | Declining birth rate and aging population, Policies to make high school tuition free, Policies to expand the acceptance of foreign workers, Tightening of the accredited Japanese-language educational institution system, Increase in dual-income households, Revisions to long-term care fees and demand for longer healthy life expectancy |
| Key initiatives | Improving business performance through transformation of the business portfolio and strategic growth, Structural reform and higher value-added services in the cram school business, Expanding market share and improving operating efficiency in the language-related business, Establishing lifelong support through M&A and new businesses in the childcare and nursing care businesses, Strengthening a sustainable competitive advantage through a unique human capital platform, Establishing a self-sustaining recruitment platform, The 3 pillars of growth for individuals and the organization, Management that is conscious of the cost of capital and share price, and shareholder return policy, Implementing the new dividend policy, Promoting and strengthening IR activities and enhancing information dissemination, Disclosure of medium- to long-term policies and KPIs, Ongoing dialogue with investors |
| Results under the previous plan | Initial forecast (figures not disclosed) → Revenue of ¥20,286 million and operating profit of ¥481 million (actual for the fiscal year ended February 2026) |
| Risks identified | Decline in the target population due to the declining birthrate, Decline in the rate of attendance at cram schools due to higher education costs, Labor shortages in labor-intensive industries, Industry reorganization accompanying the tightening of the accredited Japanese-language educational institution system, Risk of designation as a security under supervision, designation as a security to be delisted, and delisting if the market capitalization of tradable shares does not meet the criteria during the improvement period ending 28 February 2027 |
| Publication date | 29 May 2026 |
Items this document does not state (13)
Operating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planSegment targetNon-financial targetsReason for revision or withdrawalSize of the Target MarketDate 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 explains that the market capitalization of tradable shares, which is determined by the share price and the number of tradable shares, is an important indicator that reflects enterprise value and market valuation. The Company aims to maximize its market capitalization through proactive business expansion, improved earnings power, enhanced shareholder returns and IR activities.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.