Worth reading
48Recurring
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
92.8
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 October 2025 to 30 June 2026ConsolidatedJapanese GAAPNet Sales27,268¥ millionYear on year +9.4%Progress 71.8%
Operating profit1,468¥ millionYear on year +92.8%Progress 61.2%
Ordinary income1,606¥ millionYear on year +105.3%Progress 64.2%
Net income attributable to owners of the parent899¥ millionYear on year +115.6%Progress 64.2%
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¥51.00
Financial position at period-end
Total assets21,732¥ million
of which net assets 10,203 ¥ millionEquity ratio 46.8%vs. prior year-end +2.6pt
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.
Segment revenueMori Juku ¥15,078 million (YoY +12.1%), Shonan Seminar ¥6,722 million (YoY +3.5%), Kawai Juku Manavis ¥2,210 million (YoY +6.5%), Other ¥3,256 million
Segment profitMori Juku ¥3,938 million (YoY +22.0%), Shonan Seminar ¥274 million (YoY -27.5%), Kawai Juku Manavis ¥-14 million, Other ¥-542 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥38,000 million (YoY +8.2%)
Operating profit¥2,400 million (YoY +10.6%)
Ordinary income¥2,500 million (YoY +12.7%)
Net income¥1,400 million (YoY +28.8%)
Annual Dividend Forecast¥38 → ¥38（0.0%）
Factors Behind Changes in Business Performance
At 森塾, the number of students remained solid. At 湘南ゼミナール, the number of elementary school students increased and marketing was strengthened, resulting in an increase in the number of elementary and junior high school students. In Other, existing businesses remained solid and new businesses expanded steadily.
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
Changes in the scope of consolidationNew Number of companies 3 / Company name SPRIX EdTech L.L.C, SPRIX USA Inc., SPRIX VIETNAM COMPANY LIMITED / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on reversal of subscription rights to shares ¥1 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥12 million
Depreciation and amortization¥479 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End17,978,250
Treasury Shares at Period-End328,085
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025 to 30 June 2026 |
| Net Sales | ¥27,268 million (YoY +9.4%) |
| Operating profit | ¥1,468 million (YoY +92.8%) |
| Ordinary income | ¥1,606 million (YoY +105.3%) |
| Profit attributable to owners of the parent | ¥899 million (YoY +115.6%) |
| Net income per share | ¥51.00 |
| Equity ratio | End of the current fiscal period 46.8 / End of previous period 44.2 |
| Total assets | ¥21,732 million |
| Net assets | ¥10,203 million |
| Full-year earnings forecast | Net Sales ¥38,000 million (YoY +8.2%) / Operating profit ¥2,400 million (YoY +10.6%) / Ordinary income ¥2,500 million (YoY +12.7%) / Net income ¥1,400 million (YoY +28.8%) |
| Annual Dividend Forecast | ¥38 → ¥38（0.0%） |
| Segment revenue | Mori Juku ¥15,078 million (YoY +12.1%), Shonan Seminar ¥6,722 million (YoY +3.5%), Kawai Juku Manavis ¥2,210 million (YoY +6.5%), Other ¥3,256 million |
| Segment profit | Mori Juku ¥3,938 million (YoY +22.0%), Shonan Seminar ¥274 million (YoY -27.5%), Kawai Juku Manavis ¥-14 million, Other ¥-542 million |
| Depreciation and amortization | ¥479 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on reversal of subscription rights to shares ¥1 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥12 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 3 / Company name SPRIX EdTech L.L.C, SPRIX USA Inc., SPRIX VIETNAM COMPANY LIMITED / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 17,978,250 |
| Treasury Shares at Period-End | 328,085 |
| Factors Behind Changes in Business Performance | At 森塾, the number of students remained solid. At 湘南ゼミナール, the number of elementary school students increased and marketing was strengthened, resulting in an increase in the number of elementary and junior high school students. In Other, existing businesses remained solid and new businesses expanded steadily. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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 森塾, the number of students remained solid. At 湘南ゼミナール, the number of students increased as a result of expanding content for elementary school students and strengthening marketing. Other existing businesses also remained solid, while new businesses expanded steadily.
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.