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JOHNAN ACADEMIC PREPARATORY INSTITUTE rises on forecast of 84% operating profit increase for fiscal year ending March 2027
JOHNAN ACADEMIC PREPARATORY INSTITUTE INC <4720> rebounded. Its consolidated earnings forecast for the fiscal year ending March 2027, released after the close on the 20th, sparked buying. The company projects sales of 5,731 million yen (up 2.0% year-on-year), operating profit of 142 million yen (up 83.7%), and net profit of 84 million yen, up from 4 million yen a year earlier. The annual dividend forecast is 5 yen, down 2 yen from the previous year.
The company aims to expand its nursery school operations into a second core pillar alongside its cram school business. For the fiscal year ended March 2026, sales dipped 0.1% year-on-year to 5,621 million yen, while operating profit turned around to 77 million yen from a 230 million yen loss a year earlier. Net profit was 4 million yen, reversing a 420 million yen loss.
Separately, the company announced it will acquire all shares of Kissho, a Niiza-based operator of four small-scale nursery schools in Saitama and Tokyo, on May 26 to make it a subsidiary, further boosting sentiment. The acquisition price was undisclosed, and the impact on future earnings is expected to be minor.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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