kabutan

PROGRIT Shares Fall as Much as 5% on Operating Profit Decline for Sept-Feb Period Due to Advertising Spend

Fri Apr 10, 2026 9:42 am JST Catalyst

PROGRIT Inc. <9560> shares traded lower on the day, falling as much as 5.2% to \785 at one point. After the close of trading on the 9th, the company reported its first-half (September 2025?February 2026) standalone financial results. Revenue came in at \3.332 billion (up 18.6% year-on-year), while operating profit totaled \701 million (down 12.3% year-on-year). Top-line growth remained robust, underpinned by sustained demand for English language education. On the profitability front, however, results were weighed down by a concentration of advertising expenditures during the peak demand period in January. Management noted that operating profit and below came in largely in line with internal expectations. The near-term market reaction appears to reflect investor disappointment over the year-on-year earnings decline.

*Translated by generative AI. Click here for the original article.

Related Articles