Meiko Network Japan forecasts profit recovery as student numbers rise

Meiko Network Japan, the operator of the Meiko Gijuku individual instruction cram school, expects an increase in both revenue and operating profit for the fiscal year ending August 2027. The company projects revenue of 27 billion yen, a 3.7 percent increase, and an operating profit of 1.7 billion yen, up 12.5 percent from the previous year.

The recovery is driven by a rebound in student numbers for its core Meiko Gijuku business. While the company raised its revenue forecast, it lowered its operating profit projection from a previous estimate of 2 billion yen to 1.7 billion yen due to increased investment costs. These investments include 150 million yen for recruitment, 100 million yen for expanding Japanese language school facilities, and 100 million yen for marketing.