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TOKYO, Feb. 4, 2022 /PRNewswire/ — Bolstered by substantial growth in SHIKIGAKU Basic Services, the Company maintained significant increases in sales and profit in the nine months ended November 30, 2021.
Summary of results
During the nine months ended November 30, 2021the Japanese economic outlook remained opaque due to the ongoing impact of the COVID-19 pandemic. However, the market is demonstrating a strong need for improvement in organizational productivity achieved through such means as results-based employee management and rule-oriented organizational management that generates results regardless of the workplace being utilized. Accordingly, demand for the Company’s services remains robust.
Under its corporate philosophy of “Disseminate Shikigaku and maximize people’s potential,” in its Organization Consulting business the Shikigaku Group provides services that facilitate the permeation of its “Shikigaku” organizational management theory within client organizations. To do so, the Group actively recruits and trains instructors to thoroughly manage the quality of its instructors. In the Sports Entertainment business, the B.LEAGUE professional basketball season commenced, and the Company has engaged in marketing and actively conducted sales activities.
In the VC Fund business, Aidma Holdings, Inc., the first company in which SHIKIGAKU No. 1 Investment Limited Partnership invested, successfully listed shares on the TSE Mothers Index. With this listing, two investee companies of SHIKIGAKU No. 1 Investment Limited Partnership have conducted IPOs within the year and a half since its establishment. The Company considers these results to be proof that the Shikigaku method supports organizational management aimed at achieving public listings.
For the nine months ended November 30, 2021the Company reported net sales of JPY2,808,198,000 (+65.6% YoY), EBITDA (operating profit + depreciation + amortization of goodwill + amortization of leasehold deposits) of JPY330,080,000 (+305.4% YoY), operating profit of JPY277,565,000 (+657.7% YoY), ordinary profit of JPY263,158,000 (+134.1% YoY), and JPY141,569,000 in net income attributable to owners of parent (versus JPY79,240,000 in net loss for the nine months ended November 30, 2020).
Through its Organization Consulting business, the Company provides management consulting services and platform services.
During the nine months ended November 30, 2021the Company continued to conduct investment supported by vigorous marketing activities to facilitate active recruitment of consultants and expansion in its customer base. Consequently, its consultant count increased to 69, up 15 from February 28, 2021.As of November 30, 2021the Company…
Full story available on Benzinga.com
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