Gakken Holdings (9470) Q1 2026 earnings summary

Executive summary

• Net sales rose 6.0% year-over-year to ¥48.71 billion, driven by the consolidation of DTP Education Solutions and growth in Healthcare and Nursing facilities.

• EBITDA increased 38.9% year-over-year to ¥2.39 billion, and operating profit surged 85.7% year-over-year, reflecting operating profit growth and cost reductions.

• Ordinary profit jumped 120.2% year-over-year, but net profit declined 50.4% due to the absence of prior-year special gains and valuation losses on securities.

• Growth was driven by DTP consolidation in Education and increased facilities and occupancy in Healthcare and Nursing.

Financial highlights

• Consolidated net sales: ¥48.71 billion (+6.0% YoY); EBITDA: ¥2.39 billion (+38.9% YoY); operating profit: ¥1.16 billion (+85.7% YoY); ordinary profit: ¥1.16 billion (+120.2% YoY); net profit: ¥0.403 billion (−50.4% YoY).

• Comprehensive income was ¥0.737 billion, down 28.5% year-over-year.

• Diluted profit per share was 9.74 yen, compared to 19.35 yen a year earlier.

• Total assets increased 2.7% year-over-year to ¥142.9 billion; equity-to-asset ratio declined to 35.8%.

Outlook and guidance

• Launch of the Gakken2027 plan marks a new strategic phase focused on sustainable growth.

• Full-year forecast for FY ending September 30, 2026: net sales ¥205.0 billion (+3.0%), EBITDA ¥13.5 billion (+4.0%), operating profit ¥8.5 billion (+3.2%), net profit ¥4.0 billion (+11.8%).

• No change from previous forecast; actual results may differ due to various factors.