JOHNAN ACADEMIC PREPARATORY INSTITUTE,INC.
4720・Standard Market・Services
Education Business
Johnan Shingaku Kenkyusha's core segment. Comprehensive education business accounting for approximately 93% of net sales.
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales to external customers | ¥5,252 million | ¥5,250 million | — |
| Segment profit (loss) | ¥33 million | -¥301 million | ↑ |
| Segment assets | ¥4,516 million | ¥4,654 million | ↓ |
| Depreciation and amortization | ¥104 million | ¥95 million | ↑ |
| Impairment loss | ¥93 million | ¥109 million | ↓ |
| Increase in tangible and intangible fixed assets | ¥99 million | ¥362 million | ↓ |
Business Details
A comprehensive education solutions business operating Johnan Kobetsu (Private Tutoring School) (directly operated and franchised), Kawaijuku Manavis (Video-based Lesson School), the math classroom Ringo Juku (Math-focused Private Tutoring), the Nursery School Business, the infant/toddler classroom "Kubota no Ken," and the online learning material Dekitas (Online Learning Material), among others. The segment targets a wide age range from infants to high school students and working adults, and is composed of four pillars: private tutoring, video-based lessons, digital learning materials, and nursery care. In FY2026 (ending March 2026), growth in student numbers in the video-based lesson division drove the segment back to profitability from a segment loss.
Recent Overview
Returned to profitability after two consecutive years of losses. The video-based lesson division led the improvement, and cost structure reforms proved effective.
In FY2026 (ending March 2026), the Education Business segment profit was ¥33 million, returning to profitability from a loss of ¥301 million in the prior period. The video-based lesson division (Kawaijuku Manavis) posted a substantial increase in sales to ¥1,733 million (up 9.4% year on year), driven by growth in student numbers and measures to curb mid-course withdrawals. Directly operated private tutoring saw a decrease in sales (¥822 million) due to the effects of the consolidation of unprofitable classrooms in the prior period, while the franchise division saw an increase in sales (¥290 million). The digital learning materials and solutions division posted an increase in sales to ¥333 million. As a subsequent event, the company resolved to make Kissho Limited Liability Company, which operates four nursery schools, a wholly owned subsidiary (share transfer executed on May 26, 2026), accelerating efforts to establish the nursery care business as a second pillar of growth.
Key Products
Growth Drivers
- Continued positive effects of growth in student numbers and measures to curb mid-course withdrawals in the video-based lesson division (Kawaijuku Manavis)
- Rapid expansion of the math classroom Ringo Juku through alliances with other companies (a key strategy under the new medium-term management plan)
- Active M&A activity in the Nursery School Business (plan to expand to 40–60 schools over three years under the new medium-term plan, with Kissho Limited Liability Company becoming a subsidiary)
- Capturing nursery care demand through differentiation via the introduction of the "Kubota Method" of childcare across all nursery schools
- New classroom openings and increased student numbers at existing classrooms in the franchise private tutoring division
- Expansion of BtoB sales channels for Dekitas, including for use in supporting students not attending school, and an increase in new contracts for Suisen Labo
- Progress in profit structure reform (reduction of SG&A expenses and costs) following completion of the consolidation of unprofitable classrooms
- Expansion of the business supporting students not attending school through the co-location of the correspondence support school "Gakken Koto Gakuin" with Johnan Kobetsu
Risks
- Structural contraction of the tutoring school market due to the declining birthrate
- Risk of early student withdrawals associated with the increase in comprehensive and school-recommendation-based selection in university admissions
- Continued risk of impairment losses even after the consolidation of unprofitable classrooms (¥93 million in FY2026 (ending March 2026), concentrated entirely in the Education Business)
- Increased operational management costs and personnel recruitment risk associated with the rapid expansion of the Nursery School Business (plan for 40–60 schools)
- Risk of slowing growth in the digital learning materials and solutions division, as seen in the moderation of growth in the number of Ringo Juku licenses issued
- Intensifying competition from generative AI and new entrants from other industries, and increased costs to respond to the digitalization of education
- Sustainability of the growth trend in student numbers in the video-based lesson division (amid intensifying competition with other companies)
- Risk of impairment of goodwill and assets associated with the expansion of the Nursery School Business through M&A
Last updated: June 25, 2026