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Earnings5869WASEDA GAKUSHUKENKYUKAI CO.,LTD.Information and Communications, Services and Others

Summary of Financial Results for the Fourth Quarter of the Fiscal Year Ending May 2026 [Japanese GAAP] (Non-consolidated)

Because the fiscal year-end was changed, the transition period resulted in an irregular 14-month fiscal year, so no simple year-on-year comparison has been made. Cumulative net sales for the fourth quarter of the fiscal year ending May 2026 were ¥7.113 billion, and operating income was ¥1.411 billion. The full-year forecasts remain unchanged.

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Results for this period

Full year1 April 2025–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales7,113¥ millionProgress 88.1%
Operating profit1,410¥ millionProgress 97.2%
Ordinary income1,413¥ millionProgress 96.1%
Net income attributable to owners of the parent969¥ millionProgress 95.9%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥96.41
Financial position at period-end
Total assets9,633¥ million
of which net assets 7,282 ¥ millionEquity ratio 75.6%vs. prior year-end +0.3pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+1,290,883
Investment-623,826
Financials-710,230
Net change-43,173

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥3,726,182 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,072 million
Operating profit¥1,450 million
Ordinary income¥1,470 million
Net income¥1,010 million
Annual Dividend Forecast¥55 → ¥62
Factors Behind Changes in Business Performance

In addition to the irregular 14-month fiscal year resulting from the change in the fiscal year-end, expenses increased due to investments and initiatives aimed at future business expansion, new store openings, expansion of the organizational structure, the rental of a new head office, increased web advertising and the renewal of the website, among other factors.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsAt a meeting of the Board of Directors held on 20 April 2026, the company resolved to dispose of 35,900 common shares to 82 employees as restricted stock compensation, with 25 May 2026 as the payment date. The total disposal amount is ¥47,567,500.
Breakdown of extraordinary income (loss)Gain on sale of non-current assets ¥524 thousand, Loss on Disposal of Fixed Assets ¥125 thousand
Depreciation and amortization¥181 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End10,211,250 Shares
Treasury Shares at Period-End153,003 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2025–31 March 2026
Net Sales¥7,113 million
Operating profit¥1,410 million
Ordinary income¥1,413 million
Profit attributable to owners of the parent¥969 million
Net income per share¥96.41
Equity ratioEnd of the current fiscal period 75.6 / End of previous period 75.3
Total assets¥9,633 million
Net assets¥7,282 million
Cash flows from operating activities¥1,290,883 thousand
Cash flows from investing activities¥-623,826 thousand
Cash flows from financing activities¥-710,230 thousand
Cash and cash equivalents at end of period¥3,726,182 thousand
Full-year earnings forecastNet Sales ¥8,072 million / Operating profit ¥1,450 million / Ordinary income ¥1,470 million / Net income ¥1,010 million
Annual Dividend Forecast¥55 → ¥62
Depreciation and amortization¥181 million
Breakdown of extraordinary income (loss)Gain on sale of non-current assets ¥524 thousand, Loss on Disposal of Fixed Assets ¥125 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Material subsequent eventsAt a meeting of the Board of Directors held on 20 April 2026, the company resolved to dispose of 35,900 common shares to 82 employees as restricted stock compensation, with 25 May 2026 as the payment date. The total disposal amount is ¥47,567,500.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End10,211,250 Shares
Treasury Shares at Period-End153,003 Shares
Factors Behind Changes in Business PerformanceIn addition to the irregular 14-month fiscal year resulting from the change in the fiscal year-end, expenses increased due to investments and initiatives aimed at future business expansion, new store openings, expansion of the organizational structure, the rental of a new head office, increased web advertising and the renewal of the website, among other factors.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidation

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.

At the annual general meeting held on 26 June 2025, the fiscal year was changed to run from 1 June through 31 May of the following year. Accordingly, the current fiscal year covers the irregular 14-month period from 1 April 2025 through 31 May 2026. The company explained that expenses increased due to new store openings, expansion of its organizational structure, the rental of a new head office, increased web advertising and the renewal of its website, among other factors.

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Summary of Financial Results for the Fourth Quarter of the Fiscal Year Ending May 2026 [Japanese GAAP] (Non-consolidated) | WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) timely disclosure | Komori