Worth reading
24Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
364
Millions of yen (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter (interim period) of the fiscal year ending March 20273 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,434 million-0.5%
Operating profit¥752 million+93.9%
Ordinary income¥762 million+148.8%
Net income¥516 million +154.8%interim net income attributable to owners of the parent
Selling, general and administrative expenses¥1,159 million
Full-year earnings forecast
Net Sales
¥6,700 million
Operating profit
¥1,100 million
Ordinary income
¥1,000 million
Profit attributable to owners of the parent
¥700 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Current Assets
Operating Investment Securities+¥1,492 million
Cash and deposits+¥220 million
Notes and accounts receivable and contract assets-¥286 million
Fixed Assets
Buildings and structures, net+¥33 million
Deferred Tax Assets-JPY 6 million
Current Liabilities
Other current liabilities-¥143 million
Short-Term Borrowings-¥129 million
Non-Current Liabilities
Deferred Tax Liabilities+¥445 million
Long-Term Borrowings+¥56 million
Net assets
Valuation Difference on Available-for-Sale Securities+¥929 million
Retained earnings+¥455 million
New initiatives
- Promoting structural reform in the publishing business to align with market conditions
- Development of management talent for operating companies
- Exploring new business opportunities
- Turnaround and selection of unprofitable businesses
Segment results
Publishing Business
Sales
¥1,739 million
Segment profit
¥219 million
Prior-year period sales
¥1,953 million
Segment profit for the same period of the previous fiscal year
¥223 million
Corporate Services business
Sales
¥261 million
Segment profit
¥4 million
Prior-year period sales
¥304 million
Segment profit for the same period of the previous fiscal year
¥-22 million
Software and Network business
Sales
¥294 million
Segment profit
¥-2 million
Prior-year period sales
¥429 million
Segment profit for the same period of the previous fiscal year
¥35 million
Education and Human Resources business
Sales
¥476 million
Segment profit
¥64 million
Prior-year period sales
¥524 million
Segment profit for the same period of the previous fiscal year
¥115 million
Investment management business
Sales
¥662 million
Segment profit
¥595 million
Prior-year period sales
¥240 million
Segment profit for the same period of the previous fiscal year
¥186 million
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥3,434 million (YoY -0.5%) |
| Operating profit | ¥752 million (YoY +93.9%) |
| Ordinary income | ¥762 million (YoY +148.8%) |
| Net income | ¥516 million (interim net income attributable to owners of the parent) (YoY +154.8%) |
| Selling, general and administrative expenses | ¥1,159 million |
| Full-year earnings forecast | Net Sales ¥6,700 million / Operating profit ¥1,100 million / Ordinary income ¥1,000 million / Profit attributable to owners of the parent ¥700 million |
| Segment results | Publishing Business Sales ¥1,739 million / Segment profit ¥219 million / Prior-year period sales ¥1,953 million / Segment profit for the same period of the previous fiscal year ¥223 million / Corporate Services business Sales ¥261 million / Segment profit ¥4 million / Prior-year period sales ¥304 million / Segment profit for the same period of the previous fiscal year ¥-22 million / Software and Network business Sales ¥294 million / Segment profit ¥-2 million / Prior-year period sales ¥429 million / Segment profit for the same period of the previous fiscal year ¥35 million / Education and Human Resources business Sales ¥476 million / Segment profit ¥64 million / Prior-year period sales ¥524 million / Segment profit for the same period of the previous fiscal year ¥115 million / Investment management business Sales ¥662 million / Segment profit ¥595 million / Prior-year period sales ¥240 million / Segment profit for the same period of the previous fiscal year ¥186 million |
| Breakdown of Factors Affecting the Change | Current Assets Operating Investment Securities +¥1,492 million / Cash and deposits +¥220 million / Notes and accounts receivable and contract assets -¥286 million / Fixed Assets Buildings and structures, net +¥33 million / Deferred Tax Assets -JPY 6 million / Current Liabilities Other current liabilities -¥143 million / Short-Term Borrowings -¥129 million / Non-Current Liabilities Deferred Tax Liabilities +¥445 million / Long-Term Borrowings +¥56 million / Net assets Valuation Difference on Available-for-Sale Securities +¥929 million / Retained earnings +¥455 million |
| New initiatives | Promoting structural reform in the publishing business to align with market conditions, Development of management talent for operating companies, Exploring new business opportunities, Turnaround and selection of unprofitable businesses |
Items this document does not state (20)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions 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.In the investment management business, revenue and profit increased substantially as dividend income rose and the Company proceeded with the sale of held shares that had become overvalued. On a consolidated basis, gross profit increased and selling, general and administrative expenses decreased. In the corporate services business, a review of the quality of orders received and the effects of cost reductions contributed to higher profit, while changes in the development market affected the software and network business, and weakness in the IT human resources training business led to lower revenue and profit in the education and human resources business.
How to read this page
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