High Profit Margins Driven by Instructor Development and Shikigaku-Based Management
First written in FY2019. 19 of 29 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-10-15.
Shikigaku. moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「As a result, revenue for the interim consolidated accounting period was ¥2,662.961 million, down 27.6% year on year, operating loss was ¥156.797 million (compared with operating income of ¥840.595 million in the same period of the previous year), ordinary loss was ¥146.423 million (compared with ordinary income of ¥857.832 million in the same period of the previous year), and interim net loss attributable to owners of the parent was ¥46.146 million (compared with interim net income attributable to owners of the parent of ¥445.771 million in the same period of the previous year).」
The company swung from operating income and ordinary income in the same period of the previous year to operating loss and ordinary loss, while revenue also declined 27.6% year on year. - FY2026WorsenedAnnual report
「As a result, net sales in the organisational consulting business for the fiscal year under review were ¥4,784.878 million, up 1.7% from the previous fiscal year, while operating loss was ¥164.911 million, compared with operating income of ¥528.055 million in the previous fiscal year.」
While net sales in the organisational consulting business increased, it turned from operating income in the previous fiscal year to an operating loss. - 2026-04-13WorsenedPresentation materials on financial results
「In the core organizational consulting business, operating profit was pressured by higher outsourcing expenses for subsidiaries, shareholder benefit expenses and personnel expenses.」
Operating profit in the organizational consulting business was pressured by higher expenses, worsening profitability in the core business. - FY2026-H1Updated interim-period profitabilityAnnual report
「As a result, net sales for the interim consolidated accounting period under review were ¥3,677.148 million, up 39.9% year on year; operating income was ¥840.595 million, up 367.3%; ordinary income was ¥857.832 million, up 337.0%; and interim net income attributable to owners of the parent was ¥445.771 million, up 53.1%.」
Company-wide interim results exceeded the same period of the previous year in net sales, operating income, ordinary income and interim net income attributable to owners of the parent, indicating a significant improvement in profitability. - FY2025Returned to profitability for the full yearAnnual report
「As a result, net sales for the fiscal year under review were ¥5,369.123 million, up 11.2% year on year; operating income was ¥330.878 million, compared with an operating loss of ¥113.225 million in the previous year; ordinary income was ¥356.562 million, compared with an ordinary loss of ¥111.191 million; and net income attributable to owners of the parent was ¥426.572 million, compared with a net loss attributable to owners of the parent of ¥97.760 million.」
Net sales increased, and operating income, ordinary income and net income attributable to owners of the parent all turned from losses in the previous year to full-year profits. - FY2025-H1Returned to profitability in the interim periodAnnual report
「As a result, net sales for the first six months of the fiscal year under review were ¥2,628.304 million, up 14.4% year on year; operating income was ¥179.896 million, compared with an operating loss of ¥194.450 million in the same period of the previous year; ordinary income was ¥196.298 million, compared with an ordinary loss of ¥194.813 million; and interim net income attributable to owners of the parent was ¥291.111 million, compared with an interim net loss attributable to owners of the parent of ¥137.368 million.」
Operating income of ¥179.896 million and ordinary income of ¥196.298 million for the first six months of the fiscal year under review marked a return to profitability from the operating and ordinary losses recorded in the same period of the previous year. - FY2025-Q1Returned to profitability for the quarterAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥1,330.077 million, up 11.2% year on year; operating income was ¥90.367 million, compared with an operating loss of ¥146.454 million in the same period of the previous year; ordinary income was ¥110.182 million, compared with an ordinary loss of ¥147.573 million; and net income for the quarter attributable to owners of the parent was ¥106.651 million, compared with a net loss for the quarter attributable to owners of the parent of ¥81.763 million.」
While net sales increased 11.2% year on year, operating income, ordinary income and income attributable to owners of the parent all turned from losses in the same period of the previous year to profits, indicating a recovery in quarterly profitability. - FY2024WorsenedAnnual report
「As a result, net sales for the fiscal year under review were ¥4,829.829 million, up 8.3% year on year; EBITDA (operating income + depreciation and amortisation + amortisation of goodwill + amortisation of lease and guarantee deposits) was a loss of ¥30.242 million, compared with income of ¥28.787 million in the previous year; operating loss was ¥113.225 million, compared with operating loss of ¥57.459 million; and ordinary loss was ¥111.191 million, compared with ordinary loss of ¥73.095 million.」
While net sales increased, EBITDA turned from a profit of ¥28.787 million to a loss of ¥30.242 million, and both operating loss and ordinary loss widened. - FY2024-Q3WorsenedAnnual report
「As a result, net sales for the first nine months of the fiscal year under review were ¥3,548.757 million, up 7.4% year on year; EBITDA (operating income + depreciation and amortisation + amortisation of goodwill + amortisation of lease and guarantee deposits) was a loss of ¥81.949 million, compared with a loss of ¥35.238 million in the same period of the previous year; operating loss was ¥144.311 million, compared with operating loss of ¥97.485 million; ordinary loss was ¥143.652 million, compared with ordinary loss of ¥115.394 million; and net loss for the quarter attributable to owners of the parent was ¥114.277 million, compared with net loss for the quarter attributable to owners of the parent of ¥117.447 million.」
While net sales increased, the EBITDA loss widened from ¥35.238 million to ¥81.949 million, operating loss widened from ¥97.485 million to ¥144.311 million, and ordinary loss widened from ¥115.394 million to ¥143.652 million. - FY2024-Q2WorsenedAnnual report
「As a result, net sales for the first six months of the fiscal year under review were ¥2,296.563 million, up 5.0% year on year; EBITDA (operating income + depreciation and amortisation + amortisation of goodwill + amortisation of lease and guarantee deposits) was a loss of ¥145.879 million, compared with income of ¥15.445 million in the same period of the previous year; operating loss was ¥194.450 million, compared with operating loss of ¥22.566 million; and ordinary loss was ¥194.813 million, compared with ordinary loss of ¥38.252 million.」
While net sales increased 5.0% year on year, EBITDA fell from a profit of ¥15.445 million to a loss of ¥145.879 million, and operating loss widened from ¥22.566 million to ¥194.450 million, resulting in lower profitability. - FY2024-Q1WorsenedAnnual report
「As a result, net sales for the first quarter of the fiscal year under review were ¥1,195.833 million, up 8.5% year on year; EBITDA (operating income + depreciation and amortisation + amortisation of goodwill + amortisation of lease and guarantee deposits) was a loss of ¥121.546 million, compared with income of ¥49.825 million in the same period of the previous year; operating loss was ¥146.454 million, compared with operating income of ¥33.768 million; and ordinary loss was ¥147.573 million, compared with ordinary income of ¥20.569 million.」
While net sales increased, EBITDA declined from a profit to a loss of ¥121.546 million, and both operating income and ordinary income turned from profit to loss, resulting in lower profitability. - FY2023WorsenedAnnual report
「Due to the organizational consulting business falling short of its order-value target for the current consolidated fiscal year, operating loss was ¥57.459 million, compared with operating income of ¥359.917 million in the previous consolidated fiscal year, and ordinary loss was ¥73.095 million, compared with ordinary income of ¥346.988 million.」
Although revenue increased 16.6% year on year, EBITDA fell 93.3% to ¥28.787 million, operating income and ordinary income turned from profits into losses, and profitability deteriorated. - FY2023-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥3,303.913 million, up 17.7% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was a loss of ¥35.238 million, compared with ¥330.080 million in the same period of the previous year; operating loss was ¥97.485 million, compared with operating income of ¥277.565 million; ordinary loss was ¥115.394 million, compared with ordinary income of ¥263.158 million; and net loss attributable to owners of the parent was ¥117.447 million, compared with net income attributable to owners of the parent of ¥141.569 million.」
Although revenue increased, EBITDA fell from ¥330.080 million to a loss of ¥35.238 million, and operating income, ordinary income and profit attributable to owners of the parent all turned from profits in the same period of the previous year into losses. - FY2023-Q2WorsenedAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥2,186.369 million, up 21.4% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥15.445 million, down 93.5%; operating loss was ¥22.566 million, compared with operating income of ¥201.292 million in the same period of the previous year; ordinary loss was ¥38.252 million, compared with ordinary income of ¥197.270 million; and net loss attributable to owners of the parent was ¥57.366 million, compared with net income attributable to owners of the parent of ¥120.333 million.」
Although revenue increased, EBITDA fell 93.5% year on year, and operating income, ordinary income and profit attributable to owners of the parent all turned from profits in the same period of the previous year into losses. - FY2023-Q1WorsenedAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥1,102.373 million, up 30.6% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥49.825 million, down 43.7%; operating income was ¥33.768 million, down 52.9%; ordinary income was ¥20.569 million, down 65.2%; and net loss attributable to owners of the parent was ¥26.145 million, compared with net income attributable to owners of the parent of ¥21.281 million in the same quarter of the previous year.」
Although revenue increased, EBITDA, operating income and ordinary income declined year on year, and profit attributable to owners of the parent turned from a profit into a net loss. A cancellation penalty of ¥30.400 million associated with the withdrawal from the contract development business was also recorded as an extraordinary loss. - FY2022Full-year profitability recoveredAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥3,823.773 million, up 52.6% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥429.927 million, up 115.9%; operating income was ¥359.917 million, up 161.8%; and ordinary income was ¥346.988 million, up 74.0%.」
In addition to revenue growth, EBITDA, operating income and ordinary income increased year on year, and profitability, which had declined in the previous fiscal year, recovered for the full year. - FY2022-Q3Significant improvement in profitabilityAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥2,808.198 million, up 65.6% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥330.080 million, up 305.4%; operating income was ¥277.565 million, up 657.7%; ordinary income was ¥263.158 million, up 134.1%; and net income attributable to owners of the parent was ¥141.569 million, compared with a net loss attributable to owners of the parent of ¥79.240 million in the same quarter of the previous year.」
Operating income increased from ¥36.631 million in the same period of the previous year to ¥277.565 million, and ordinary loss turned into ordinary income. EBITDA also increased 305.4% year on year, indicating a significant improvement in cumulative profitability. - FY2022-Q2Returned to cumulative profitabilityAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥1,801.483 million, up 86.4% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥236.142 million, up 7,588.7%; operating income was ¥201.292 million, compared with an operating loss of ¥24.381 million in the same period of the previous year; and ordinary income was ¥197.270 million, compared with an ordinary loss of ¥25.918 million.」
The company returned to cumulative profitability in the second quarter, from an operating loss and ordinary loss in the same period of the previous year to operating income of ¥201.292 million and ordinary income of ¥197.270 million. - FY2022-Q1Returned to profitability for the quarterAnnual report
「As a result, revenue for the cumulative first quarter of the current consolidated fiscal year was ¥844.063 million, up 98.1% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥88.526 million, compared with a loss of ¥18.771 million in the same quarter of the previous year; operating income was ¥71.627 million, compared with an operating loss of ¥32.605 million; and ordinary income was ¥59.137 million, compared with an ordinary loss of ¥33.114 million.」
The company returned to profitability in the first quarter, from an operating loss and ordinary loss in the same period of the previous year to operating income of ¥71.627 million and ordinary income of ¥59.137 million. - FY2021WorsenedAnnual report
「As a result, revenue for the current consolidated fiscal year was ¥2,506.000 million, up 45.7% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥199.167 million, down 38.3%; and operating income was ¥137.471 million, down 51.5%.」
Although revenue increased, EBITDA fell 38.3% and operating income fell 51.5%, resulting in a further decline in the high margins and profitability previously reported as characteristic of the company. - FY2021-Q3WorsenedAnnual report
「As a result, revenue for the cumulative third quarter of the current consolidated fiscal year was ¥1,696.048 million, up 35.4% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥81.419 million, down 67.0%; and operating income was ¥36.631 million, down 83.3%.」
Although revenue increased, EBITDA and operating income fell substantially year on year. Operating income returned to positive territory on a cumulative quarterly basis, but the profitability previously characterized by high margins has declined. - FY2021-Q2WorsenedAnnual report
「As a result, revenue for the cumulative second quarter of the current consolidated fiscal year was ¥966.588 million, up 24.0% year on year; EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was ¥3.071 million, down 97.9%; operating loss was ¥24.381 million, compared with operating income of ¥133.936 million in the same period of the previous year; and ordinary loss was ¥25.918 million, compared with ordinary income of ¥133.505 million.」
Although revenue increased, EBITDA fell substantially, and operating income and ordinary income turned into operating and ordinary losses, respectively, in the cumulative second quarter. - FY2021-Q1WorsenedAnnual report
「EBITDA (operating income + depreciation and amortization + amortization of goodwill + amortization of lease deposits) was a loss of ¥18.771 million, operating loss was ¥32.605 million and ordinary loss was ¥33.114 million.」
The company had previously described high profit margins as a distinguishing feature, but recorded an operating loss and an ordinary loss in the first quarter. It explains this as the result of continuing instructor hiring and marketing investment while affected by COVID-19. - FY2020Updated margin resultsAnnual report
「This is the source of our high profit margins, one of the company’s distinguishing features: an ordinary profit margin on sales of 16.4% in the fifth fiscal year, compared with 3.70% for small and medium-sized enterprises in fiscal 2017, according to the Small and Medium Enterprise Agency.」
The company attributes its high profit margins to the efficiency of instructor development and in-house management based on Shikigaku, updating the reported result to 16.4%. - FY2019First statedAnnual report
「This is the source of our high profit margins, one of the company’s distinguishing features: an ordinary profit margin on sales of 18.7% in the fourth fiscal year, compared with 3.50% for small and medium-sized enterprises in fiscal 2016, according to the Small and Medium Enterprise Agency.」
The company explains the 18.7% ordinary profit margin on sales in the fourth fiscal year in relation to the efficiency of instructor development and in-house management based on Shikigaku.