MEIKO NETWORK JAPAN CO.,LTD. released its earnings summary for the fiscal year ending August 2026. The number of enrolled students at its core Meiko Gijuku business increased from the end of the previous fiscal year, and revenue grew year on year. The key points are the release of the earnings summary and trends in the profit structure of the directly operated business.
MEIKO NETWORK JAPAN CO.,LTD. released its earnings summary for the fiscal year ending August 2026 under Japanese GAAP on a consolidated basis. Overall, revenue increased year on year, with the number of enrolled students in its core Meiko Gijuku business showing steady growth. The number of students reached 104,885, an increase of 5,065 from the end of the previous fiscal year.
An analysis indicates that ¥351 million of the ¥767 million increase in revenue from the directly operated business remained as segment profit. Revenue per student was essentially flat, rising approximately 1% based on the average at the beginning and end of the period, and the increase in students per classroom, rather than price increases alone, contributed to the result. Some analysts believe that if the structure of increasing student numbers without adding classrooms continues, profits will be more likely to grow in this fixed-cost-intensive business.