High School Segment Falling Short of Plan and Divergence in Performance Across Segments
First written in FY2017-Q2. 17 of 35 entries say "Advanced", first in FY2018-Q2. Latest entry: 2026-10-27.
Nagase Brothers moved to the "Worse" side of this theme in 2023.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「For the fiscal year, segment revenue was ¥30,068 million, up 9.9% year on year, and segment profit was ¥5,747 million, up 23.0%.」
The high school division recovered from the previous fiscal year’s decline in revenue and profit, reporting 9.9% revenue growth and 23.0% profit growth for the full year. - FY2026-H1AdvancedAnnual report
「For the six months ended the first half of the current fiscal year, segment revenue was ¥14,050 million, up 12.0% year on year, and segment profit was ¥2,535 million, up 47.4%.」
The high school division reported revenue growth of 12.0% and profit growth of 47.4% year on year, extending the recovery seen in the previous fiscal year into the first half. - FY2025AdvancedAnnual report
「For the fiscal year, segment revenue was ¥27,356 million, up 1.3% year on year, and segment profit was ¥4,671 million, up 12.8%.」
The high school division reported higher revenue and profit for the full year, recovering from the previous year’s decline in both, with revenue up 1.3% and segment profit up 12.8%. - FY2025-H1Profit growth and a recovery in enrollment were highlighted despite lower revenue.Annual report
「For the six months ended the first half of the current fiscal year, segment revenue was ¥12,540 million, down 1.7% year on year, and segment profit was ¥1,720 million, up 1.6%.」
The high school division’s revenue declined year on year, while segment profit increased. It also reported strong growth in new student enrollment from April onward, with enrollment at the end of September exceeding the prior-year level. - FY2024WorsenedAnnual report
「For the fiscal year, segment revenue was ¥27,016 million, down 5.6% year on year, and segment profit was ¥4,140 million, down 27.1%.」
The high school division reported lower revenue and profit for the full year, with revenue down 5.6% and segment profit down 27.1%. - FY2024-Q3WorsenedAnnual report
「For the nine months ended the third quarter of the current fiscal year, segment revenue was ¥20,655 million, down 5.6% year on year, and segment profit was ¥3,911 million, down 29.1%.」
The high school division reported lower revenue and profit for the nine months ended the third quarter, with revenue down 5.6% and segment profit down 29.1%. - FY2024-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, segment revenue was ¥12,750 million, down 4.0% year on year, and segment profit was ¥1,694 million, down 38.9%.」
The high school division reported lower revenue and profit year on year, affected by the decline in new enrollees at the previous fiscal year-end and sluggish summer enrollment among first- and second-year high school students. - FY2024-Q1WorsenedAnnual report
「For the nine months ended the first quarter of the current fiscal year, segment revenue was ¥5,723 million, down 5.8% year on year, and segment profit was ¥484 million, down 56.3%.」
The high school division’s revenue declined as the impact of fewer new enrollees during the previous fiscal year-end enrollment period remained, while segment profit also fell 56.3% year on year. - FY2023-Q3Another period of lower revenue and lower profit in the first nine monthsAnnual report
「For the nine months ended the third quarter of the current fiscal year, segment revenue was ¥21,876 million, down 2.6% year on year, and segment profit was ¥5,520 million, down 4.3%.」
The high school division’s revenue and segment profit both fell below the prior-year period for the nine months ended the third quarter. - FY2023-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, segment revenue was ¥13,277 million, down 0.7% year on year, and segment profit was ¥2,774 million, down 8.8%.」
The high school division’s revenue and segment profit both fell below the prior-year period, partly because the resurgence of COVID-19 infections affected the enrollment period. - FY2023-Q1WorsenedAnnual report
「In the high school division, the impact of the COVID-19 pandemic during the previous fiscal year-end enrollment period remained, resulting in a ¥57 million year-on-year decline in revenue.」
The high school division’s revenue declined year on year as the impact of the COVID-19 pandemic during the previous fiscal year-end enrollment period remained. - FY2022AdvancedAnnual report
「For the fiscal year, segment revenue was ¥30,253 million, up 4.8% year on year, and segment profit was ¥7,100 million, up 1.8%.」
The high school division reported higher revenue and profit for the full year, with revenue up 4.8% and segment profit up 1.8%. - FY2022-Q3AdvancedAnnual report
「For the nine months ended the third quarter of the current fiscal year, segment revenue was ¥22,457 million, up 8.9% year on year, and segment profit was ¥5,768 million, up 14.1%.」
The high school division reported higher revenue and profit for the nine months ended the third quarter, with revenue up 8.9% and segment profit up 14.1%. - FY2022-Q2AdvancedAnnual report
「For the six months ended the second quarter of the current fiscal year, segment revenue was ¥13,377 million, up 16.9% year on year, and segment profit was ¥3,041 million, up 79.0%.」
The high school division reported revenue growth of 16.9% and profit growth of 79.0% year on year, continuing the improvement in profitability from the previous fiscal year. - FY2022-Q1AdvancedAnnual report
「For the nine months ended the first quarter of the current fiscal year, segment revenue was ¥6,135 million, up 21.1% year on year, and segment profit was ¥1,200 million, up 95.6%.」
The high school division reported higher revenue and profit year on year, with revenue up 21.1% and segment profit up 95.6%. - FY2021AdvancedAnnual report
「For the fiscal year, segment revenue was ¥28,867 million, up 6.5% year on year, and segment profit was ¥6,974 million, up 27.3%.」
The high school division reported higher revenue and profit for the full year, with revenue up 6.5% and segment profit up 27.3%. - FY2021-Q3AdvancedAnnual report
「For the nine months ended the third quarter of the current fiscal year, segment revenue was ¥20,630 million, up 3.3% year on year, and segment profit was ¥5,055 million, up 16.4%.」
The high school division reported higher revenue and profit year on year, with both revenue and profit improving from the previous nine-month cumulative period. - FY2021-Q2WorsenedAnnual report
「For the six months ended the second quarter of the current fiscal year, segment revenue was ¥11,439 million, down 0.8% year on year, and segment profit was ¥1,699 million, down 8.5%.」
The high school division’s revenue and segment profit both declined year on year. In contrast, the elementary and junior high school division reported higher revenue and profit, while the swimming school division reported lower revenue and a loss, with the performance gap between divisions continuing. - FY2021-Q1AdvancedAnnual report
「For the nine months ended the first quarter of the current fiscal year, segment revenue was ¥5,068 million, up 1.0% year on year, and segment profit was ¥613 million, up 41.9%.」
The high school division’s revenue increased 1.0% year on year and segment profit increased 41.9%, continuing the improvement seen since the previous fiscal year’s recovery from a loss in the prior-year period. - FY2020AdvancedAnnual report
「For the fiscal year, segment net sales were ¥27,103 million, down 0.5% year on year, and segment profit was ¥5,477 million, up 43.9%.」
The high school division’s full-year revenue declined slightly, while segment profit increased 43.9% year on year, indicating continued improvement in profitability. - FY2020-Q3AdvancedAnnual report
「For the 9 months ended this quarter, segment net sales were ¥19,977 million, up 1.4% year on year, and segment profit was ¥4,343 million, up 41.5%.」
Both net sales and segment profit in the high school segment increased year on year, and the improvement continues. - FY2020-Q2AdvancedAnnual report
「① High school segment This segment operates education businesses primarily for high school students through Toshin High School, Toshin Satellite Preparatory School, Waseda Juku, and other services. For the 6 months ended this quarter, segment net sales were ¥11,528 million, up 4.1% year on year, and segment profit was ¥1,857 million, up 998.2%.」
The high school segment progressed further from the prior quarter’s loss in the prior-year period, with net sales up 4.1% and segment profit of ¥1,857 million, up 998.2% year on year. - FY2020-Q1AdvancedAnnual report
「For the 3 months ended this quarter, segment net sales were ¥5,016 million, up 9.6% year on year, and segment profit was ¥432 million, compared with a loss of ¥887 million in the prior-year period.」
Net sales in the high school segment rose 9.6% year on year, and the segment moved from a loss of ¥887 million in the prior-year period to segment profit of ¥432 million. - FY2019WorsenedAnnual report
「As a result, segment net sales for the fiscal year were ¥27,236 million, down 2.5% year on year, and segment profit was ¥3,807 million, down 34.3%.」
For the full year, the high school segment’s net sales fell 2.5% and segment profit fell 34.3%; the company states that the measures are taking time to produce and become established effects. - FY2019-Q3WorsenedAnnual report
「① High school segment This segment operates education businesses primarily for high school students through Toshin High School, Toshin Satellite Preparatory School, Waseda Juku, and other services. For the 9 months ended this quarter, segment net sales were ¥19,697 million, down 2.8% year on year, and segment profit was ¥3,068 million, down 33.0%.」
Although the high school segment’s net sales had returned to year-on-year growth for the 6 months ended the previous quarter, both net sales and segment profit were below the prior-year period for the 9 months ended this quarter. - FY2019-Q2High school segment returns to sales growth, but profit declinesAnnual report
「For the 6 months ended this quarter, segment net sales were ¥11,075 million, up 0.4% year on year, and segment profit was ¥169 million, down 73.5%.」
While net sales in the high school segment returned to year-on-year growth, segment profit fell 73.5%, and the performance gap between segments continues. - FY2019-Q1WorsenedAnnual report
「For the 3 months ended this quarter, segment net sales were ¥4,576 million, down 6.2% year on year, and the segment loss was ¥887 million, an increase of ¥832 million from the prior-year loss.」
Net sales in the high school segment fell 6.2% year on year, and the segment loss widened by ¥832 million from the prior-year period. While the elementary and junior high school segment posted higher sales, the performance gap between segments continues. - FY2018-Q3Made the decline in sales associated with school closures explicitAnnual report
「For the 9 months ended this quarter, segment net sales were ¥20,265 million, down 0.3% year on year, and segment profit was ¥4,580 million, down 0.2%.」
While net sales and segment profit in the high school segment were slightly below the prior-year period, the performance gap with other segments, including the elementary and junior high school segment, continues. - FY2018-Q2AdvancedAnnual report
「Regarding Waseda Juku, we carried out during the current quarter the closure of the 11 schools disclosed on 6 June 2017 and began efforts to improve performance through both sales recovery and expense reductions by concentrating management resources.」
For Waseda Juku, the company has progressed from deciding to close 11 schools in the previous quarter to carrying out the closures during the current quarter and beginning performance improvement measures. - FY2018-Q1Moved to school closure measuresAnnual report
「As disclosed on 6 June 2017, we decided to close 11 Waseda Juku schools and have begun efforts to improve performance from both the recovery of sales and the reduction of expenses by concentrating management resources.」
The company states that it began improvement measures in response to the issues of Waseda Juku falling short of plan and failing to realize synergies, including closing 11 schools and concentrating management resources. - FY2017WorsenedAnnual report
「In the high school segment, conditions have not yet been reached in which synergies with Waseda Juku can be fully realized, and fundamental measures, including a review of Waseda Juku’s school expansion, have become necessary.」
The description of Waseda Juku has become more serious, progressing from shortfalls against plan and unsuccessful recruitment initiatives to a situation requiring fundamental measures, including realizing group synergies and reviewing its school expansion. - FY2017-Q3WorsenedAnnual report
「Against this backdrop, operating revenue for the 9 months ended this quarter was ¥32,474 million, down 0.6% year on year. Recruitment initiatives at Waseda Juku in the high school segment failed to produce results and fell significantly below the initial plan, while the elementary and junior high school segment and swimming school segment performed steadily.」
In the high school segment, recruitment initiatives at Waseda Juku failed to produce results, worsening the description from “fell below the initial plan” to “fell significantly below the initial plan.” - FY2017-Q2First statedAnnual report
「The elementary and junior high school segment and swimming school segment performed steadily, but consolidated net sales were ¥19,278 million, down 0.9% year on year, mainly because Waseda Juku in the high school segment fell short of its initial plan. For the first 6 months of the fiscal year, segment net sales were ¥11,235 million, down 4.0% year on year, and segment profit was ¥908 million, down 49.2%.」
The company explains that, while the elementary and junior high school segment and swimming school segment performed steadily, sales and profit in the high school segment fell below the prior-year period, mainly because Waseda Juku fell short of plan.