FCE Inc.
9564・Standard Market・Services
Education & Training Business
Segment 2, developing services for schools and companies centered on human resource development and educational DX
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (H1 FY2026 (ending March 2026), cumulative) | ¥1,357 million | ¥1,352 million (H1 FY2025 (ended September 2025)) | — |
| Segment profit (H1 FY2026 (ending March 2026), cumulative) | ¥153 million | ¥164 million (H1 FY2025 (ended September 2025)) | ↓ |
| Segment revenue YoY change | +0.4% | ― | — |
| Segment profit YoY change | △6.8% | ― | ↓ |
| Segment revenue (Full year FY2025 (ended September 2025)) | ¥2,594 million | ― | ↑ |
| Segment profit (Full year FY2025 (ended September 2025)) | ¥149 million | ― | ↓ |
Business Details
Against a backdrop of the spread of human capital management and expanding strategic investment in talent development, the segment develops direct sales promotion and value-added enhancement of the integrated corporate talent development platform "Smart Boarding," strengthened provision of various training programs (Corporate Training & Consulting (new employee training, The 7 Habits training, resilience training, etc.)), services for schools and cram schools, and the "Foresight Techo" business planner for elementary, junior high, and high school students. The segment is also responding to generative AI utilization needs, including the launch of AI learning content.
Recent Overview
Revenue increased slightly, but segment profit fell 6.8% YoY due to continued upfront investment
In H1 FY2026 (ending March 2026) (October 2025 to March 2026), segment revenue was ¥1,357 million (up 0.4% YoY) and segment profit was ¥153 million (down 6.8% YoY). While the promotion of direct sales for Smart Boarding and the rise in customer unit price contributed to revenue growth, upfront investments such as personnel increases and advertising expenses weighed on profit. Revenue declined in the cram school area of the Education segment and the consulting area of the HR segment. The company is also expanding its product lineup, including the launch of "Foresight Renrakucho" for lower-grade elementary school students and the addition of AI learning content.
Key Products
Growth Drivers
- Expanding demand for Smart Boarding driven by the spread of human capital management and rising corporate appetite for talent development investment
- Improved customer unit price and profitability from the shift to a Smart Boarding direct sales strategy
- Upselling and cross-selling to existing customers through enhanced product competitiveness, including the incorporation of AI learning content
- Continued expansion of the e-learning market driven by reskilling and digital talent development needs
- Expansion of business scope through the reclassification of the self-coaching business into the Education & Training Business segment
- Expansion of the education business's reach through the launch of new products such as "Foresight Renrakucho"
- Increased customer unit price through the addition of new training content such as resilience training
Risks
- Risk that upfront investment in personnel increases and advertising, etc. will weigh on profit (segment profit declined 6.8% in H1 FY2026 (ending March 2026))
- Risk of revenue decline in the Education segment (cram school area) and the HR segment (consulting area)
- Risk of short-term increase in customer acquisition costs associated with the shift in Smart Boarding's sales strategy toward direct sales
- Risk of intensifying competition due to an increase in new entrants to the e-learning market
- Risk of dependence on "The 7 Habits®" licensing (premised on the continuation of the agreement with FranklinCovey Japan Co., Ltd.)
- Risk that the growth gap with the DX Promotion Business (up 25.3% YoY) will widen as revenue growth slows (up 0.4% YoY)
Last updated: December 25, 2025