Earnings Presentation for the Second Quarter of the Fiscal Year Ending September 2026 | SPRIX Inc. (7030) timely disclosure

Worth reading

50Recurring

0–100. This measures how worthwhile something is to read, not how good or bad the company is.

Direction

Improvement

Direction inferred from the company’s description.

Scale

862

Millions of yen (year-on-year increase in operating profit)

Wording

Conditional

How definitive the wording is.

Contents of this document

Presentation materials for financial resultsSecond quarter of the fiscal year ending September 20267 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥19,099 million+10.9%

Operating profit¥1,997 million+75.9%

Net income¥1,297 million +84.4%net income attributable to owners of the parent

Operating profit margin10.5 %

Full-year earnings forecast

Net Sales

¥38,000 million

Operating profit

¥2,400 million

EBITDA

¥3,500 million

Net income attributable to owners of the parent

¥1,400 million

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。

Net Sales50.3 %

Operating profit83.2 %

EBITDA71.3 %

Net income attributable to owners of the parent92.7 %

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

All progress indicators are tracking above plan

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Net Sales

Increase in revenue from the Mori Juku segment¥1,357 million
Increase in revenue from the Shonan Seminar segment¥187 million
Increase in revenue from the Kawai Juku Manavis segment¥99 million
Increase in revenue from other segments¥233 million

Operating profit

Increase in SPRIX revenue¥1,588 million
Increase in SPRIX facility expenses¥-226 million
Increase in SPRIX personnel expenses¥-385 million
Increase in SPRIX advertising expenses¥-185 million
Decrease in other SPRIX expenses¥27 million
Decrease in investment in new businesses and research and development expenses¥70 million
Increase in Shonan Seminar revenue¥287 million
Increase in Shonan Seminar expenses¥-314 million

New initiatives

Appointed Tanaka Aoi (田中碧) as the official Mori Juku ambassador
Announced the opening of SPRIX High School, a support school for distance-learning high schools
Opened 5 new Shonan Seminar schools offering courses for affiliated high schools of leading private universities, and converted 2 schools to other courses
Launched a dedicated website for comprehensive selection admissions preparation for high school students
Signed an MOU with Saudi Arabia's Al Hussan in the field of STEM education
Signed an MOU with Egypt's Ministry of Education and Technical Education

Key KPIsA metric the company considers important as a management benchmark.

Mori Juku enrollment51,063 people+11.5%
yoy_change5,286
Shonan Seminar enrollment18,919 people+1.0%
yoy_change187
Kawai Juku Manavis enrollment6,858 people+5.4%
yoy_change353
Number of Mori Juku schools261 schools+8.3%
yoy_change20
Number of Shonan Seminar schools205 schools+0.5%
yoy_change1
Number of Kawai Juku Manavis schools51 schools0.0%
yoy_change0
QUREO Egypt participants1,000,000 people
TOFAS Philippines participants500,000 people
Paying test takers in Vietnam10,000 people
Paying members in the United States100 people

Segment results

Mori Juku
Net Sales¥10,482 million (YoY +14.9%)
Operating profit¥3,096 million (YoY +29.9%)
Shonan Seminar
Net Sales¥4,959 million (YoY +3.9%)
Operating profit¥586 million
Kawai Juku Manavis
Net Sales¥1,400 million (YoY +7.6%)
Operating profit¥-60 million
Other
Net Sales¥2,256 million (YoY +11.5%)
Operating profit¥-250 million

Number of stores and locations

Mori Juku

End of period261 schools

Schools opened during the period12 schools

unit during the periodschools

Shonan Seminar

End of period205 schools

New schools opened during the period5 schools

unit during the periodschools

Kawai Juku Manavis

End of period51 schools

Schools opened during the period1 schools

unit during the periodschools

Jiritsu Gakushu RED (self-directed learning program)

End of period209 locations

Number of employees

1,513 people

Record dateEnd of March 2026

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	Second quarter of the fiscal year ending September 2026
Net Sales	¥19,099 million (YoY +10.9%)
Operating profit	¥1,997 million (YoY +75.9%)
Net income	¥1,297 million (net income attributable to owners of the parent) (YoY +84.4%)
Operating profit margin	10.5 %
Full-year earnings forecast	Net Sales ¥38,000 million / Operating profit ¥2,400 million / EBITDA ¥3,500 million / Net income attributable to owners of the parent ¥1,400 million
Progress against full-year forecast	Net Sales 50.3 % / Operating profit 83.2 % / EBITDA 71.3 % / Net income attributable to owners of the parent 92.7 %
Self-assessment against the plan	All progress indicators are tracking above plan
Segment results	Segment Mori Juku / Net Sales ¥10,482 million (YoY +14.9%) / Operating profit ¥3,096 million (YoY +29.9%), Segment Shonan Seminar / Net Sales ¥4,959 million (YoY +3.9%) / Operating profit ¥586 million, Segment Kawai Juku Manavis / Net Sales ¥1,400 million (YoY +7.6%) / Operating profit ¥-60 million, Segment Other / Net Sales ¥2,256 million (YoY +11.5%) / Operating profit ¥-250 million
Breakdown of Factors Affecting the Change	Net Sales Factors Increase in revenue from the Mori Juku segment / Amount ¥1,357 million, Factors Increase in revenue from the Shonan Seminar segment / Amount ¥187 million, Factors Increase in revenue from the Kawai Juku Manavis segment / Amount ¥99 million, Factors Increase in revenue from other segments / Amount ¥233 million / Operating profit Factors Increase in SPRIX revenue / Amount ¥1,588 million, Factors Increase in SPRIX facility expenses / Amount ¥-226 million, Factors Increase in SPRIX personnel expenses / Amount ¥-385 million, Factors Increase in SPRIX advertising expenses / Amount ¥-185 million, Factors Decrease in other SPRIX expenses / Amount ¥27 million, Factors Decrease in investment in new businesses and research and development expenses / Amount ¥70 million, Factors Increase in Shonan Seminar revenue / Amount ¥287 million, Factors Increase in Shonan Seminar expenses / Amount ¥-314 million
Key KPIs	Mori Juku enrollment 51,063 people (YoY +11.5%), Shonan Seminar enrollment 18,919 people (YoY +1.0%), Kawai Juku Manavis enrollment 6,858 people (YoY +5.4%), Number of Mori Juku schools 261 schools (YoY +8.3%), Number of Shonan Seminar schools 205 schools (YoY +0.5%), Number of Kawai Juku Manavis schools 51 schools (YoY 0.0%), QUREO Egypt participants 1,000,000 people, TOFAS Philippines participants 500,000 people, Paying test takers in Vietnam 10,000 people, Paying members in the United States 100 people
Number of stores and locations	Mori Juku End of period 261 schools / Schools opened during the period 12 schools / unit during the period schools / Shonan Seminar End of period 205 schools / New schools opened during the period 5 schools / unit during the period schools / Kawai Juku Manavis End of period 51 schools / Schools opened during the period 1 schools / unit during the period schools / Jiritsu Gakushu RED (self-directed learning program) End of period 209 locations
Number of employees	1,513 people
New initiatives	Appointed Tanaka Aoi (田中碧) as the official Mori Juku ambassador, Announced the opening of SPRIX High School, a support school for distance-learning high schools, Opened 5 new Shonan Seminar schools offering courses for affiliated high schools of leading private universities, and converted 2 schools to other courses, Launched a dedicated website for comprehensive selection admissions preparation for high school students, Signed an MOU with Saudi Arabia's Al Hussan in the field of STEM education, Signed an MOU with Egypt's Ministry of Education and Technical Education

Items this document does not state (16)

Ordinary incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.

Enrollment at Mori Juku remained solid, while the per-student tuition increase implemented in April 2025 also contributed. New businesses, including Sora Juku and Tokyo Dance Village, also grew, and improved margins in the new businesses lifted operating income. At Shonan Seminar, however, upfront costs associated with new school openings increased, resulting in a slight decline in operating income.

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