Standardization of Learning-Center Operations and Improved Management Efficiency

「Meanwhile, in addition to the absence of temporary costs associated with the previous fiscal year's improvements to campus and training-camp environments, cost reductions from company-wide efforts to improve operating efficiency, including the flexible consolidation and closure of campuses, contributed to a year-on-year decline in total operating costs.」

「Meanwhile, total operating costs declined compared with the previous interim consolidated accounting period, reflecting the decline in facilities investment at campuses and training camps from the previous year and cost reductions from company-wide efforts to control expenses.」

「On the cost side, personnel costs and recruitment-related costs increased due to the active hiring of new graduates and stepped-up hiring of new graduates and mid-career employees needed for future campus openings. In addition, the Company made various investments with a view to future expansion, including developing original textbooks and mock examinations for private-school entrance examination preparation and investing in facilities to improve the campus and training-camp environments. As a result, total operating costs increased compared with the previous interim consolidated accounting period.」

「While actively pursuing investment in personnel and facilities as described above, operating income declined year on year because the Company was unable to fully pass on the various inflation-driven cost increases to tuition fees.」

「On the cost side, total operating costs increased year on year due to the payment of the "inflation special allowance" in April 2023, the increase in regular employees' salary levels (base pay increase), higher personnel costs associated with pay raises for part-time employees, higher recruitment costs from stepped-up hiring of new graduates and mid-career employees needed for future campus openings, and higher maintenance costs for Fujisan Training Camp Facility Building 3, a company-owned facility that began operations in December of the previous year. While actively pursuing the personnel and facilities investments described above, operating income declined year on year because the Company was unable to fully pass on the various inflation-driven cost increases to tuition fees.」

「On the cost side, total operating costs increased year on year due to the payment of the "inflation special allowance" in April 2023, the increase in regular employees' salary levels (base pay increase), higher recruitment costs from stepped-up hiring of new graduates and mid-career employees needed for future campus openings, and higher maintenance costs for Fujisan Training Camp Facility Building 3, a company-owned facility that began operations in December of the previous year.」

「On the cost side, operating costs increased year on year due to higher campus operating expenses, including personnel costs, rent, and utilities. However, as a result of efforts to improve margins through rigorous cost control, operating income and the operating margin exceeded plan.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher campus operating expenses, including personnel expenses, rent, and utilities, as well as the continuation of TV commercials from January to March 2022 through April to June.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher campus operating expenses, including personnel expenses, rent, and utilities, as well as the continuation of TV commercials from January to March 2022 through April to June.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher campus operating expenses, including personnel expenses and rent, higher camp operating expenses, and the continuation of TV commercials from January to March 2022 through April to June.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher variable costs, including teaching materials, mock examination expenses, and camp operating expenses, associated with the increase in the number of students, as well as the reversal of various expense-reduction measures, including rent reduction negotiations and personnel optimization. However, initiatives to improve the profit margin through rigorous cost management resulted in higher operating profit year on year.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher variable costs, including teaching materials and camp operating expenses, associated with the increase in the number of students, as well as the reversal of various expense-reduction measures, including rent reduction negotiations and personnel optimization. However, efforts to manage costs to improve the profit margin resulted in higher operating profit year on year.」

「On the expense side, total operating expenses increased compared with the same quarter of the previous year due to higher variable costs, including teaching materials and mock examination expenses, associated with the increase in the number of students, as well as the reversal of various expense-reduction measures, including rent reduction negotiations and personnel optimization. However, efforts to control costs improved the operating loss year on year. As a result, revenue for the first quarter of the current consolidated cumulative period was ¥2,257 million, up 10.7% year on year, and the operating loss was ¥38 million, compared with an operating loss of ¥90 million in the same period of the previous year.」

「At the same time, suppressing personnel expenses, negotiating rent reductions, and implementing various expense-reduction measures kept the increase in total operating expenses to a slight year-on-year rise, resulting in higher operating profit year on year.」

「At the same time, suppressing personnel expenses, negotiating rent reductions, and implementing various expense-reduction measures enabled the Company to absorb newly incurred video-related costs. As a result, total operating expenses declined compared with the same quarter of the previous year, and operating profit increased substantially year on year.」

「At the same time, suppressing personnel expenses, negotiating rent reductions, and implementing various expense-reduction measures enabled the Company to absorb newly incurred video-related costs. As a result, total operating expenses declined compared with the same quarter of the previous year, and the operating loss improved year on year.」

「We will also work to develop campus principals early, as required to advance the campus opening plan, appropriately optimize human resources quantitatively and qualitatively based on the staffing plan, improve operating efficiency by promoting the standardization of campus operations, raise the number of successful admissions to Tokyo metropolitan high schools, and further improve the number of successful admissions to Tokyo metropolitan junior high schools.」

「We will also work to develop campus principals early, as required to advance the campus opening plan, appropriately optimize human resources quantitatively and qualitatively based on the staffing plan, improve operating efficiency by promoting the standardization of campus operations, raise the number of successful admissions to Tokyo metropolitan high schools, and further improve the number of successful admissions to Tokyo metropolitan junior high schools.」

「We will work to improve operating efficiency by promoting the standardization of campus operations, raise the number of successful admissions to Tokyo metropolitan high schools, and further improve the number of successful admissions to Tokyo metropolitan junior high schools.」