Worth reading
71In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
142.8
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter of the fiscal year ending September 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥16,868 million+20.7%
Operating profit¥724 million+142.8%
Ordinary income¥690 million+141.5%
Net income¥428 million+184.6%
Selling, general and administrative expensesAmount not stated
Gross Profit Margin
Rate10.6%
Year-on-year change (points)Up 1.8 percentage points (8.8% in the year-earlier period)
Operating profit margin
Rate4.3%
Year-on-year change (points)Up 2.2 percentage points (2.1% in the year-earlier period)
Results for the three months of the current quarter
Net Sales
¥8,928 million
Operating profit
¥373 million
Net income
¥209 million
EBITDA
¥610 million
Full-year earnings forecast
Net Sales
¥33,000 million
EBITDA
¥2,200 million
Operating profit
¥1,200 million
Ordinary income
¥1,120 million
Net income
¥650 million
Dividend per share
¥40
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
EBITDA54.4%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
On trackBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Additional subsidies for the Childcare Services Promotion Business¥42 million
- Improved profitability of photo sales¥20 million
- Recruitment cost controls¥16 million
- Lower costs from improved purchasing power¥15 million
- Other improvements in the cost-of-sales ratio, etc.¥12 million
- Lower ICT-related expenses following the completion of major ICT investment¥12 million
- Decrease in other selling, general and administrative expenses¥80 million
- M&A contribution¥70 million
New initiatives
- Execution of a basic agreement toward a business partnership with Kinderland International Education
- Establishment of the Global Citizenship Promotion Office
- Introduction of a Shareholder Benefit Program
- Promotion of company-wide adoption of Jena Plan education
Key KPIsA metric the company considers important as a management benchmark.
- Overall childcare center occupancy rate89.5%Year on year against the same period last yearSlight decrease year on year
- March occupancy rate for 0-year-olds96.8%Year on year against the same period last year+1.3 percentage points
- Tokyo births in 202588,518 peopleYear on year against the same period last year+1.3%
- D/E ratio130.6%
- Net debt-to-equity ratio49.5%
Financial targets
Debt-to-equity ratio130.6%
Net debt-to-equity ratio49.5%
Market Size / Share
ShareNo. 1 in the industry by number of Tokyo-authorized childcare facilities operated
Number of stores and locations
Number at period-end205 Facility
Annual Dividend
Annual dividend per share¥40.0
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥16,868 million (YoY +20.7%) |
| Operating profit | ¥724 million (YoY +142.8%) |
| Ordinary income | ¥690 million (YoY +141.5%) |
| Net income | ¥428 million (YoY +184.6%) |
| Gross Profit Margin | Rate 10.6% / Year-on-year change (points) Up 1.8 percentage points (8.8% in the year-earlier period) |
| Operating profit margin | Rate 4.3% / Year-on-year change (points) Up 2.2 percentage points (2.1% in the year-earlier period) |
| Selling, general and administrative expenses | 非開示 |
| Results for the three months of the current quarter | Net Sales ¥8,928 million / Operating profit ¥373 million / Net income ¥209 million / EBITDA ¥610 million |
| Full-year earnings forecast | Net Sales ¥33,000 million / EBITDA ¥2,200 million / Operating profit ¥1,200 million / Ordinary income ¥1,120 million / Net income ¥650 million / Dividend per share ¥40 |
| Progress against full-year forecast | EBITDA 54.4% |
| Self-assessment against the plan | On track |
| Breakdown of Factors Affecting the Change | Factors Additional subsidies for the Childcare Services Promotion Business / Amount ¥42 million, Factors Improved profitability of photo sales / Amount ¥20 million, Factors Recruitment cost controls / Amount ¥16 million, Factors Lower costs from improved purchasing power / Amount ¥15 million, Factors Other improvements in the cost-of-sales ratio, etc. / Amount ¥12 million, Factors Lower ICT-related expenses following the completion of major ICT investment / Amount ¥12 million, Factors Decrease in other selling, general and administrative expenses / Amount ¥80 million, Factors M&A contribution / Amount ¥70 million |
| Key KPIs | Indicator name Overall childcare center occupancy rate / Value 89.5% / Year on year against the same period last year Slight decrease year on year, Indicator name March occupancy rate for 0-year-olds / Value 96.8% / Year on year against the same period last year +1.3 percentage points, Indicator name Tokyo births in 2025 / Value 88,518 people / Year on year against the same period last year +1.3%, Indicator name D/E ratio / Value 130.6% / Year on year against the same period last year Not disclosed, Indicator name Net debt-to-equity ratio / Value 49.5% / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number at period-end 205 Facility / Number of store openings and closures during the period Not disclosed |
| Financial targets | Debt-to-equity ratio 130.6% / Net debt-to-equity ratio 49.5% |
| Annual Dividend | Annual dividend per share ¥40.0 / Interim and Year-End Breakdown Not disclosed |
| Market Size / Share | Market Size Not disclosed / Share No. 1 in the industry by number of Tokyo-authorized childcare facilities operated |
| New initiatives | Execution of a basic agreement toward a business partnership with Kinderland International Education, Establishment of the Global Citizenship Promotion Office, Introduction of a Shareholder Benefit Program, Promotion of company-wide adoption of Jena Plan education |
Items this document does not state (11)
Segment resultsUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
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 increase in revenue and profit was attributed to the contribution from M&A, additional subsidies for the Childcare Services Promotion Business, improvements in personnel expense and cost-of-sales ratios, and controls on recruitment costs and ICT-related expenses.
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.