On the 31st, Step <9795> announced its financial results for the fiscal year ending in September 2024. The revenue increased by 4.5% year-on-year to 15.098 billion yen, operating profit increased by 10.0% to 3.511 billion yen, ordinary profit increased by 10.5% to 3.564 billion yen, and net income increased by 4.3% to 2.508 billion yen.
Regarding the new school openings during the current business year, 4 schools were opened in March in the elementary and middle school division. These include Step Kashimada School for High School Entrance Exams (Kawasaki City Saiwai Ward), Hi-STEP Shin-Yurigaoka School (Kawasaki City Asao Ward), Step Higashi-Totsuka Hirato School for High School Entrance Exams (Totsuka Ward, Yokohama City), and Step Hiyoshi Motomachi School for High School Entrance Exams (Kohoku Ward, Yokohama City), making a total of 4 schools, 2 in Kawasaki City and 2 in Yokohama City. As a result of these new school openings, the number of schools includes 145 schools in the elementary and middle school division, 15 high schools, 1 individual instruction school, 4 daycare schools, and 1 Step Junior Lab for a total of 166 schools.
Regarding the number of students and revenue by business segment, the average number of students in the elementary and middle school division during the period was 27,613 (an increase of 3.7% compared to the same period last year), with revenue at 11.975 billion yen (an increase of 3.8% compared to the same period last year). The average number of students in the high school division during the period was 6,079 (an increase of 4.8% compared to the same period last year), with revenue at 3.123 billion yen (an increase of 7.6% compared to the same period last year).
For the full year financial estimates for the fiscal year ending in September 2025, it is expected that the revenue will increase by 4.1% year-on-year to 15.714 billion yen, operating profit will increase by 4.6% to 3.674 billion yen, ordinary profit will increase by 4.1% to 3.709 billion yen, and net income will increase by 1.3% to 2.541 billion yen.
On the same day, it was announced that the final dividend for the fiscal year ending in September 2024 would be increased by 3.00 yen from the most recent forecast of 37.00 yen per share to 40.00 yen.