KYOSHIN CO.,LTD.
4735・Standard Market・Services
Tutoring School Business
Kyoshin Group's founding business segment. Currently undergoing structural reform in response to the declining birthrate.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment sales (Q1 FY2027 (ending February 2027), 3 months) | ¥2,032 million | ¥2,044 million (same period prior year: March–May 2025) | ↓ |
| Segment profit/loss (Q1 FY2027 (ending February 2027), 3 months) | −¥106 million (loss) | −¥85 million (same period prior year: March–May 2025) | ↓ |
| Segment sales (FY2025 (ending May 2025), 12 months) | ¥9,835 million | — | — |
| Segment profit (FY2025 (ending May 2025), 12 months) | ¥1,166 million | — | — |
| Segment sales (FY2026 (ending February 2026), 9 months) | ¥7,710 million | — | — |
| Segment profit (FY2026 (ending February 2026), 9 months) | ¥1,326 million | — | — |
| Average number of students during the period (FY2025, ending May 2025) | 24,139 | — | — |
Business Details
Operates tutoring schools targeting students from early childhood through high school, across three formats: group instruction, individual tutoring, and franchising. The core brands are the group-instruction schools "Kyoshin Junior High & High School Entrance Exam TOPΣ" and "Kyoshin University Entrance Exam TOPΣ," along with the individual tutoring brand "Kyoshin Individual Tutoring School One." The business has locations both domestically and overseas. In response to market contraction caused by the declining birthrate, the company is consolidating unprofitable school locations, converting them into larger-scale schools, and concentrating investment in growth areas to improve its earnings structure. In the first quarter of FY2027 (ending February 2027), new enrollments for the spring new academic year trended favorably, and the number of students at quarter-end significantly exceeded the prior-year level.
Recent Overview
With strong spring new academic year enrollments, the number of students at Q1 end exceeded the prior year, though costs incurred upfront resulted in a loss.
In the Tutoring School Business for Q1 FY2027 (ending February 2027) (March–May 2026), sales were ¥2,032 million (down 0.6% year on year), and segment loss was ¥106 million (worsening by ¥21 million from the prior-year-period loss of ¥85 million). This was a seasonal loss resulting from upfront spring advertising expenses and one-time costs associated with structural reforms; the number of students at Q1-end significantly exceeded the prior-year level. The company continues to consolidate unprofitable locations and concentrate resources in growth areas (scrap and build), and expects both sales and profit to increase from the second quarter onward. The company also plans to continue leveraging the tailwind from effectively free high school tuition.
Key Products
Growth Drivers
- Optimizing the cost structure and improving profitability through consolidation of unprofitable school locations and conversion into larger-scale schools
- Expanding demand for value-added educational services on the back of the policy making high school tuition effectively free
- Accumulation of stock-type sales and profit from the second quarter onward, driven by strong spring new academic year enrollments
- Enhancing the value provided per student through hybrid education combining face-to-face instruction with digital learning materials
- Concentrating resources in growth areas through new store openings for individual tutoring schools in the Kanto region
- Asset-light scale expansion through franchise development
Risks
- Market contraction risk from the ongoing decline in the school-age population due to the falling birthrate
- Structural Q1 losses due to upfront spring costs (seasonal concentration risk)
- Changes in demand structure due to shifts in the entrance exam system, such as university entrance exam reform and expansion of recommendation-based admissions
- Continued risk of impairment losses associated with consolidation of unprofitable locations
- Profit pressure from rising personnel costs due to wage increases and improved treatment of staff
Last updated: May 25, 2026