2026 Financial Results | Revenue of ¥37.8 billion, Significant Increase in Pass Results

Performance Overview

Waseda Academy achieved revenue of ¥37,658 million (up 7.4% YoY), operating income of ¥3,960 million (up 11.6%), and net income of ¥2,487 million (up 6.3%) for the fiscal year ending March 2026. The pass results also reached an all-time high, enhancing brand strength and customer acquisition. The cram school business remained resilient despite Japan’s declining birthrate and rising prices, driven by high pass rates and advertising strategies. The company aims to maximize customer lifetime value through new schools, renovations, and digital transformation initiatives.

Future Outlook and Shareholder Returns

For the fiscal year ending March 2027, revenue is projected to reach ¥40,520 million (up 7.6% YoY), with net income of ¥2,752 million (up 10.7%). The company will continue to improve pass rates and expand learning environments. Despite challenges such as rising prices and talent acquisition, ongoing expansion and capital expenditure are planned, with dividends increased to ¥55 annually. The company aims for long-term growth by enhancing customer satisfaction and strengthening its management foundation.