On the 10th, Gakujou <2301> announced the difference between its performance forecast for the cumulative second quarter of the fiscal year ending October 2024 and the second quarter financial results. In addition, based on recent trends in performance, it announced a revision of its performance forecast for the full fiscal year ending October 2024. The adjustment of dividend forecast is not made with this revision of the performance forecast.
The difference between the sales results forecast for the cumulative second quarter of fiscal year ending October 2024 and the actual results (November 2023-April 2024) increased by 7.0% to 4.024 billion yen compared to the previous forecast, operating income increased by 15.6% to 615 million yen, ordinary income increased by 47.2% to 885 million yen, net income for the period increased by 62.0% to 664 million yen, and net income per quarter per share was revised to 47.61 yen.
The revision of performance forecast for the full fiscal year ending October 2024 (November 2023-October 2024) includes an increase in sales forecast by 4.0% to 104.00 billion yen compared to the previous forecast, an increase in ordinary income by 7.7% to 28.00 billion yen, an increase in net income for the period by 7.6% to 19.04 billion yen, and a net income per quarter per share revision to 137.11 yen.
The reason for the difference and revision is that the company has been steadily growing and gaining support from job seekers in their 20s and companies by providing multiple channels for information gathering and dissemination, mainly in the career recruitment (experienced hire) market. In addition, the company is currently undertaking advance growth investment under its medium-term management plan from fiscal year 2024 to fiscal year 2026, and due to market impact from the depreciation of the yen at the time of partial cashing-in of investment securities according to its policy, it achieved greater than expected gains on sale, resulting in the difference between the performance forecast and the actual results.