Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026Non-consolidated (standalone)Japanese GAAPThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Unfilled capacity at public high schools due to free tuition and other measures, a decline in demand for attending cram schools to prepare for high school entrance examinations, and sluggish growth in the number of cram school students due to persistently high consumer prices. Although the number of enrolled students fell below the previous year, the company implemented initiatives including AI-based learning support, video lessons, the consolidation and opening of classrooms, and online one-to-one instruction. By division, revenue increased in the preschool and elementary school divisions, the high school division and individual instruction, while it declined in the middle school division and other camp revenue, etc.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥1,608,476 thousand (YoY +1.5%) |
| Operating profit | ¥-14,378 thousand |
| Ordinary income | ¥-7,856 thousand |
| Profit attributable to owners of the parent | ¥-26,488 thousand |
| Total assets | ¥6,476,127 thousand |
| Net assets | ¥3,551,486 thousand |
| Cash flows from operating activities | ¥-10,126 thousand |
| Cash flows from investing activities | ¥-42,765 thousand |
| Cash flows from financing activities | ¥-359,516 thousand |
| Cash and cash equivalents at end of period | ¥340,612 thousand |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Year-on-year change Not disclosed / Remarks Unchanged from the forecast announced on 14 April 2026 |
| Revision to Earnings Forecast | No change |
| Segment revenue | Reportable segments Cram school business (single segment; operating results by segment omitted) / Sales by segment (reference) ¥469 million (YoY +7.8%), ¥751 million (YoY -2.6%), ¥223 million (YoY +6.7%), ¥91 million (YoY +9.2%), ¥72 million (YoY -13.8%) |
| Depreciation and amortization | ¥75,498 thousand |
| Impairment loss | ¥7,019 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,311 thousand, Impairment Losses ¥7,019 thousand, Loss on repayment of subsidies ¥378 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| Factors Behind Changes in Business Performance | Unfilled capacity at public high schools due to free tuition and other measures, a decline in demand for attending cram schools to prepare for high school entrance examinations, and sluggish growth in the number of cram school students due to persistently high consumer prices. Although the number of enrolled students fell below the previous year, the company implemented initiatives including AI-based learning support, video lessons, the consolidation and opening of classrooms, and online one-to-one instruction. By division, revenue increased in the preschool and elementary school divisions, the high school division and individual instruction, while it declined in the middle school division and other camp revenue, etc. |
Items this document does not state (16)
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 factors cited include an increase in public high schools with unfilled capacity due to free tuition and other measures, a decline in demand for attending cram schools to prepare for high school entrance examinations, and sluggish growth in the number of cram school students due to persistently high consumer prices. Although the number of enrolled students fell below the previous year, the company undertook initiatives including AI-based learning support, video lessons, the consolidation and opening of classrooms, and online one-to-one instruction.