Worth reading
64In focus
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
24.2
% (year-on-year revenue growth)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+24.2%
基準 7,647Target9,500million
Operating profit+0.0%
基準 2,026Target2,027million
Operating profit margin+1.0pt
基準 2,026Target2,027%
Net income for the current fiscal year+0.0%
基準 2,026Target2,027million
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
What happened to the previous planFiscal year ending August 2026 earnings forecast 7,600 → Fiscal year ended August 2026 actual 7,647+0.6%Calculated from the two disclosed figures
Statements about the use of capital
Payout ratio / DOE policyDividends will be paid on a stable and continuous basis, with a payout ratio of 30% as a guideline. The applicable period is Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Increase the value provided and improve LTV
02Increase learning time
03Improve learning productivity
04Learning data integration
05PROGRIT Points
06Expand into the global talent development market
07Expand into English education for children
Plan assumptionsEnglish coaching: net increase of 20–25 consultants by the end of the fiscal year, English coaching: maintain a continuing-course enrollment rate of approximately 70%–75%, English coaching: open 2 new schools, expected in Q3 and Q4, English Company: achieve a net increase of 5–7 trainers by the end of the fiscal year and achieve profitability after goodwill amortization, Shadoten and Supiful: seek to reduce churn through product improvements and increase traffic through accelerated marketing, DearTalk and ProWords: focus on strengthening the products, with marketing to be implemented in stages, Assume an S&M ratio of approximately 35%–40%, at a level similar to the fiscal year ended August 2026, Concentrate advertising and promotional spending during the peak demand season in January and seek to level spending between the first and second halves of the fiscal year
Segment targetSegment English Coaching / Target Revenue growth of approximately 23–28% (including the consolidated contribution from English Company) / Period Covered Fiscal year ending August 2027, Segment English Learning App / Target Revenue growth of approximately 20–25% / Period Covered Fiscal year ending August 2027
Non-financial targetsIndicator Employees at period-end / Target 435–451 people / Timing End of the fiscal year ending August 2027, Indicator Net increase in consultants / Target 20–25 people / Timing By the end of the fiscal year ending August 2027, Indicator Net increase in trainers / Target 5–7 people / Timing By the end of the fiscal year ending August 2027, Indicator Number of new schools / Target 2 schools / Timing Expected in Q3 and Q4, Indicator Continuing-course enrollment rate / Target Maintain approximately 70%–75% / Timing Fiscal year ending August 2027
Size of the Target MarketMarket Children's English education market / Scale Approximately ¥165 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" and "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Adult foreign-language school market / Scale Approximately ¥170 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" (Yano Research Institute Ltd.), Market Corporate training services market / Scale Approximately ¥600 billion / As of 2025 / Source "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Corporate training services market / Scale ¥607.5 billion / Source "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Preschool market / Scale ¥44.0 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" (Yano Research Institute Ltd.), Market Global talent development market / Growth rate Approximately 4.7% annually from fiscal 2020 / Source Stated in the materials
| Item | Details |
|---|---|
| Plan name | Business Plan and Growth Potential |
| Plan period | Fiscal year ending August 2027 |
| Progress against the plan | Annual update |
| Sales Target | Fiscal year ended August 2026 actual 7,647 → Fiscal year ending August 2027 earnings forecast 9,500（+24.2%） |
| Operating profit target | Fiscal year ended August 2026 actual 1,521 → Fiscal year ending August 2027 earnings forecast 1,750（+15.0%） |
| Operating profit margin target | Fiscal year ended August 2026 actual 19.9 → Fiscal year ending August 2027 earnings forecast 18.4 |
| Net income target | Fiscal year ended August 2026 actual 1,110 → Fiscal year ending August 2027 earnings forecast 1,200（+8.0%） |
| Payout ratio / DOE policy | Dividends will be paid on a stable and continuous basis, with a payout ratio of 30% as a guideline. The applicable period is Not disclosed. |
| Segment target | Segment English Coaching / Target Revenue growth of approximately 23–28% (including the consolidated contribution from English Company) / Period Covered Fiscal year ending August 2027, Segment English Learning App / Target Revenue growth of approximately 20–25% / Period Covered Fiscal year ending August 2027 |
| Non-financial targets | Indicator Employees at period-end / Target 435–451 people / Timing End of the fiscal year ending August 2027, Indicator Net increase in consultants / Target 20–25 people / Timing By the end of the fiscal year ending August 2027, Indicator Net increase in trainers / Target 5–7 people / Timing By the end of the fiscal year ending August 2027, Indicator Number of new schools / Target 2 schools / Timing Expected in Q3 and Q4, Indicator Continuing-course enrollment rate / Target Maintain approximately 70%–75% / Timing Fiscal year ending August 2027 |
| Plan assumptions | English coaching: net increase of 20–25 consultants by the end of the fiscal year, English coaching: maintain a continuing-course enrollment rate of approximately 70%–75%, English coaching: open 2 new schools, expected in Q3 and Q4, English Company: achieve a net increase of 5–7 trainers by the end of the fiscal year and achieve profitability after goodwill amortization, Shadoten and Supiful: seek to reduce churn through product improvements and increase traffic through accelerated marketing, DearTalk and ProWords: focus on strengthening the products, with marketing to be implemented in stages, Assume an S&M ratio of approximately 35%–40%, at a level similar to the fiscal year ended August 2026, Concentrate advertising and promotional spending during the peak demand season in January and seek to level spending between the first and second halves of the fiscal year |
| Key initiatives | Increase the value provided and improve LTV, Increase learning time, Improve learning productivity, Learning data integration, PROGRIT Points, Expand into the global talent development market, Expand into English education for children |
| Results under the previous plan | Fiscal year ending August 2026 earnings forecast 7,600 → Fiscal year ended August 2026 actual 7,647 |
| Size of the Target Market | Market Children's English education market / Scale Approximately ¥165 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" and "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Adult foreign-language school market / Scale Approximately ¥170 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" (Yano Research Institute Ltd.), Market Corporate training services market / Scale Approximately ¥600 billion / As of 2025 / Source "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Corporate training services market / Scale ¥607.5 billion / Source "2026: Current Status and Outlook for the Corporate Training Services Market" (Yano Research Institute Ltd.), Market Preschool market / Scale ¥44.0 billion / As of 2025 / Source "2026: Current Status and Outlook for the Language Business" (Yano Research Institute Ltd.), Market Global talent development market / Growth rate Approximately 4.7% annually from fiscal 2020 / Source Stated in the materials |
| Publication date | 14 October 2026 |
Items this document does not state (10)
ROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorReason for revision or withdrawalRisks identifiedDate of board resolution
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 company cites increasing LTV by enhancing the value provided through English coaching, expanding use of its English-learning app, expanding into global talent development for corporations and English education for children, and using M&A as growth initiatives. It also states that revenue growth in English coaching includes the full-year consolidated contribution from English Company.
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.