Gakken Holdings (9470) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended June 2026 rose 6.3% year-over-year to ¥155.94 billion, driven by growth in Healthcare and Nursing, Global, and Childcare businesses, with EBITDA up 12.8% and operating profit up 14.3%.

• Ordinary profit increased 18.0% year-over-year to ¥5.58 billion, but net profit attributable to owners of the parent declined 3.2% to ¥2.65 billion due to the absence of prior-year extraordinary gains and increased impairment losses.

• Growth was supported by expansion in the childcare business, extended consolidation of DTP Education Solutions, and strong performance in healthcare and nursing.

Financial highlights

• Consolidated net sales: ¥155.94 billion (up ¥9.21 billion or 6.3% year-over-year); EBITDA: ¥9.46 billion (up 12.8%); operating profit: ¥5.86 billion (up 14.3%); ordinary profit: ¥5.58 billion (up 18.0%); net profit: ¥2.65 billion (down 3.2%).

• Comprehensive income: ¥3.65 billion (up 18.4% year-over-year).

• Profit per share: ¥63.88 (down from ¥65.74 year-over-year).

• Total assets increased 3.5% to ¥144.0 billion; equity ratio improved to 37.1%.

Outlook and guidance

• No changes to the medium-term management plan; full-year forecast for FY2026: net sales ¥205.0 billion (up 3.0%), EBITDA ¥13.5 billion (up 4.0%), operating profit ¥8.5 billion (up 3.2%), ordinary profit ¥8.3 billion, net profit ¥4.0 billion (up 11.8%).

• Dividend forecast for FY2026: ¥29.00 per share (up from ¥26.00 in FY2025).

• Caution noted regarding risks and uncertainties that may affect future results.