Consolidated Monetary Outcomes
for the Six Months Ended March 31, 2022
[Japanese GAAP]
Could 13, 2022
Firm identify: Gakken Holdings Co., Ltd.
Inventory change itemizing: Tokyo Inventory Trade
Securities code: 9470
URL: https://www.gakken.co.jp/
Consultant: Hiroaki Miyahara, President, Consultant Director
Contact: Takashi Sawada, Basic Supervisor of Monetary Technique Workplace
Cellphone: +81-3-6431-1050
Scheduled date of submitting quarterly securities report: Could 13, 2022
Scheduled date of commencing dividend funds: June 24, 2022
Availability of supplementary briefing materials on quarterly monetary outcomes: None
Schedule of quarterly monetary outcomes briefing session: Scheduled (for institutional traders and analysts)
(Quantities of lower than a million yen are rounded down.)
1. Consolidated Monetary Outcomes for the Six Months Ended March 31, 2022 (October 1, 2021 to March 31, 2022)
|
(1) Consolidated Working Outcomes |
(% signifies adjustments from the earlier corresponding interval.) |
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|
Web gross sales |
Working revenue |
Atypical revenue |
Revenue attributable to |
||||||||
|
house owners of father or mother |
|||||||||||
|
Six months ended |
Million yen |
% |
Million yen |
% |
Million yen |
% |
Million yen |
% |
|||
|
March 31, 2022 |
79,632 |
2.0 |
4,325 |
(13.0) |
4,388 |
(9.1) |
2,546 |
8.6 |
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|
March 31, 2021 |
78,077 |
3.0 |
4,970 |
15.8 |
4,826 |
13.5 |
2,344 |
(1.4) |
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|
(Be aware) Complete earnings: Six months ended March 31, 2022: ¥2,235 million [(20.8)%] |
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|
Six months ended March 31, 2021: ¥2,821 million [47.9%] |
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|
Revenue per share |
Diluted revenue per share |
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|
Six months ended |
Yen |
Yen |
|||||||||
|
March 31, 2022 |
58.39 |
57.84 |
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|
March 31, 2021 |
61.65 |
60.96 |
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|
(2) Consolidated Monetary Place |
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|
Whole property |
Web property |
Fairness ratio |
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|
Million yen |
Million yen |
% |
|||||||||
|
As of March 31, 2022 |
129,429 |
49,364 |
37.8 |
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|
As of September 30, 2021 |
116,900 |
47,413 |
40.2 |
(Reference) Fairness: As of March 31, 2022: ¥48,932 million As of September 30, 2021: ¥46,961 million
2. Dividends
|
Annual dividends |
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|
1st quarter-end |
2nd quarter-end |
third quarter-end |
12 months-end |
Whole |
||
|
Fiscal 12 months ended |
Yen |
Yen |
Yen |
Yen |
Yen |
|
|
– |
11.00 |
– |
11.00 |
22.00 |
||
|
September 30, 2021 |
||||||
|
Fiscal 12 months ending |
– |
12.00 |
||||
|
September 30, 2022 |
||||||
|
Fiscal 12 months ending |
– |
12.00 |
24.00 |
|||
|
September 30, 2022 (Forecast) |
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|
(Be aware) Revision of dividends |
forecast for the reason that |
final announcement: |
None |
3. Consolidated Monetary Outcomes Forecast for the Fiscal 12 months Ending September 30, 2022 (October 1, 2021, to September 30, 2022) (% signifies adjustments from the earlier corresponding interval.)
|
Web gross sales |
Working revenue |
Atypical revenue |
Revenue attributable to |
Revenue per share |
|||||||
|
house owners of father or mother |
|||||||||||
|
Million yen |
% |
Million yen |
% |
Million yen |
% |
Million yen |
% |
Yen |
|||
|
Full 12 months |
157,000 |
4.5 |
6,700 |
7.4 |
6,800 |
11.0 |
3,400 |
29.9 |
77.96 |
||
|
(Be aware) Revision of |
monetary outcomes |
forecast |
for the reason that final |
announcement: None |
* Notes:
- Adjustments in important subsidiaries throughout the interval below evaluation (adjustments in specified subsidiaries leading to adjustments within the scope of consolidation): No
|
Newly added: – (Identify) – |
Excluded: – (Identify) – |
- Software of particular accounting remedies in getting ready quarterly consolidated monetary statements: Sure
- Adjustments in accounting insurance policies, adjustments in accounting estimates, and retrospective restatement
-
- Adjustments in accounting insurance policies as a result of revision of accounting requirements: Sure
- Adjustments in accounting insurance policies aside from 1) above: No
- Adjustments in accounting estimates: No
- Retrospective restatement: No
- Whole variety of issued shares (widespread inventory)
-
- Whole variety of issued shares on the finish of the interval (together with treasury shares):
March 31, 2022: 44,633,232 shares
September 30, 2021: 44,633,232 shares
-
Whole variety of treasury shares on the finish of the interval: March 31, 2022: 882,459 shares
September 30, 2021: 1,113,082 shares - The typical variety of shares throughout the interval:
Six months ended March 31, 2022: 43,610,997 shares
Six months ended March 31, 2021: 38,026,627 shares
The Firm has a trust-type worker shareholding incentive plan in place. The entire variety of treasury shares on the finish of the interval contains the variety of the Firm’s shares held below this plan by The Nomura Belief & Banking Co., Ltd. (the devoted belief account for Gakken Workers’ Shareholding Affiliation): 242,200 shares on the finish of the six months ended March 31, 2022; and 375,600 shares on the finish of the fiscal 12 months ended September 30, 2021. The typical variety of shares throughout the interval is calculated with the variety of treasury shares deducted; the variety of treasury shares deducted contains the variety of the Firm’s shares held below the identical plan by The Nomura Belief & Banking Co., Ltd. (the devoted belief account for Gakken Workers’ Shareholding Affiliation): 314,314 shares on the finish of the six months ended March 31, 2022; and 485,686 shares on the finish of the six months ended March 31, 2021.
- These quarterly consolidated monetary outcomes are exterior the scope of quarterly evaluation by licensed public accountants or an audit agency.
- Rationalization of the correct use of monetary outcomes forecast and different notes
(Be aware on forward-looking statements, and many others.)
Monetary efficiency forecasts and different forward-looking statements herein are primarily based on info at the moment out there to the
Firm and sure assumptions it deems rational. The precise outcomes could differ considerably attributable to numerous components. With regard to the assumptions for the efficiency forecasts and the notes on the usage of the efficiency forecasts, please consult with “1. Qualitative Info on Monetary Outcomes for the Interval below Evaluate, (3) Consolidated Monetary Outcomes Forecast and Different Ahead-looking Statements” on web page 9 of the Attachments.
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Desk of Contents – Attachments |
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1. Qualitative Info on Monetary Outcomes for the Interval below Evaluate ………………………………………………………….. |
2 |
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(1) |
Rationalization of Enterprise Outcomes …………………………………………………………………………………………………………………. |
2 |
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(2) |
Rationalization of Monetary Place ……………………………………………………………………………………………………………….. |
8 |
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(3) |
Consolidated Monetary Outcomes Forecast and Different Ahead-looking Statements ……………………………………………… |
9 |
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2. Quarterly Consolidated Monetary Statements and Major Notes ……………………………………………………………………… |
10 |
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(1) |
Quarterly Consolidated Stability Sheets ……………………………………………………………………………………………………… |
10 |
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(2) |
Quarterly Consolidated Statements of Revenue and Complete Revenue ……………………………………………………. |
12 |
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(3) |
Quarterly Consolidated Statements of Money Flows ………………………………………………………………………………………. |
14 |
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(4) |
Notes to the Quarterly Consolidated Monetary Statements ……………………………………………………………………………. |
16 |
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(Notes on Going Concern Assumption) ………………………………………………………………………………………………………… |
16 |
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(Notes When There’s Vital Adjustments in Quantities of Fairness) …………………………………………………………………… |
16 |
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(Software of Particular Accounting Remedies in Making ready Quarterly Consolidated Monetary Statements) …………. |
16 |
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(Adjustments in Accounting Insurance policies) ………………………………………………………………………………………………………………… |
16 |
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(Phase Info, and many others.) ………………………………………………………………………………………………………………………… |
18 |
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(Vital Subsequent Occasions) ………………………………………………………………………………………………………………….. |
19 |
1. Qualitative Info on Monetary Outcomes for the Interval below Evaluate
(1) Rationalization of Enterprise Outcomes
Within the instructional area the place Gakken Group (the “Group”) conducts its enterprise, the fast unfold of the COVID-19 Omicron variant infections amongst toddlers and kids had a significant affect on the sector of schooling. Demand for in-person companies took a brief hit from the outbreak, however demand for schooling’s digitalization continued to extend additional.
Within the studying heart market, as studying turns into extra numerous below the affect of the Omicron variant outbreak, techniques permitting folks to decide on between in-person or on-line studying are gaining favor. Additional, individually optimized studying tailor-made to every scholar is increasing via the supply of AI-based studying plans and supplies.
Within the publishing business, whereas the journal market stays sluggish, the market as an entire has expanded for 3 consecutive years. That is primarily as a result of e-book publishing grew considerably and gross sales in paper publications elevated for the primary time in fifteen years because of sturdy gross sales of youngsters’s books and books to achieve {qualifications}. Alternatively, as the value of printing papers is rising attributable to hovering uncooked materials costs and a rise in prices for environmental measures, distribution reform initiatives throughout industries are progressing in response to longstanding challenges of the business corresponding to discount of charges of returned items unsold and logistics prices. International media-mix initiatives for mental property (IP) are additionally spreading worldwide not just for publishing, but in addition for such numerous media as motion pictures, animation, and video video games.
Within the faculty schooling business, the GIGA (International and Innovation Gateway for All) Faculty Program that goals to develop the tutorial ICT atmosphere has been expedited. Whereas the distribution of studying units to each elementary faculty and junior highschool scholar has been accomplished and the introduction of digital studying supplies is progressing, then again, info safety and community measures and the shortage of ICT expertise of academics are points to be addressed.
Within the grownup schooling business, the recurrent schooling and e-learning markets are rising.
Within the healthcare and nursing area, with a view to enhance the therapy of staff who assist aged care and child-care companies on the entrance line, initiatives have been taken together with people who enhance their compensation stage and scale back turnover charges in addition to these of corporate-led promotions of employment.
Within the aged care enterprise, wants for aged care are growing in affiliation with the “2025 challenge” (Japan’s child boomer technology will attain the late aged age (75 years previous or older) in 2025) and the rising inhabitants of the aged with dementia. On this context, the Ministry of Well being, Labour and Welfare is selling the constructing of techniques that present complete assist and companies to communities (Neighborhood-based Built-in Care System) that allow folks to proceed to dwell their lives within the communities which are acquainted to them till the top of life. The function of ICT is changing into more and more important in addressing points corresponding to decreasing staff’ burden in operations in addition to stopping and early detecting dementia, way of life ailments and different well being points.
Within the child-care business, the demand for child-care companies is growing as a result of enhance in households wherein each mother and father work. The variety of college students admitted to nursery colleges elevated attributable to nationwide measures to assist baby elevating, such because the New Youngster-rearing Safety Plan and the supply of free preschool schooling and child-care. This resulted in a lower within the variety of kids on ready lists for nursery colleges. Though the unfold of the Omicron variant infections led mother and father to chorus from utilizing nursery colleges, the necessity for nursery colleges stays excessive in main cities. The scarcity of after-school kids’s golf equipment nonetheless continues, and plenty of firms from all kinds of industries are getting into the enterprise.
Aged care and child-care services are required extra to make sure the security of residents, kids, mother and father and workers, in addition to thorough measures to stop the unfold of COVID-19, together with offering hygiene merchandise.
Beneath such market situations within the second quarter of the fiscal 12 months ending September 30, 2022, though the sector of schooling was considerably impacted by the unfold of the Omicron variant infections, new facility
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Disclaimer
GAKKEN Holdings Co. Ltd. revealed this content material on 03 June 2022 and is solely liable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 03 June 2022 06:21:12 UTC.
Publicnow 2022
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Technical evaluation traits GAKKEN HOLDINGS CO., LTD.
| Quick Time period | Mid-Time period | Lengthy Time period | |
| Tendencies | Impartial | Bearish | Bearish |
Revenue Assertion Evolution
|
Promote
Purchase |
|
| Imply consensus | BUY |
| Variety of Analysts | 0 |
| Final Shut Worth | 845,00 JPY |
| Common goal value | 1 280,00 JPY |
| Unfold / Common Goal | 51,5% |
