Meiko Network <4668.T> surged significantly. At one point, it reached a high of 795 yen, up 73 yen, surpassing the previous year's high of 791 yen on January 9, 2024. After the market close on the 9th, the consolidated financial results for the first quarter of the fiscal year ending August 2025 (September - November 2024) were announced. It landed at a substantial profit increase, attracting Buy STAR.

The first quarter financial results showed revenue of 5.698 billion yen (up 10.5% year-on-year) and operating profit of 409 million yen (up 7.9 times). The increase in revenue from the core Meiko Gijuku business, along with the efficiency of classroom Operation, also contributed to the results.

The financial estimates for the cumulative second quarter (September 2024 - February 2025) remain unchanged, with revenue of 11.380 billion yen (up 2.1% year-on-year) and operating profit of 680 million yen (down 19.6%). The progress rate of the first quarter results against the financial estimates for the cumulative second quarter is 50.1% for revenue and 60.1% for operating profit.

As of 10:33 AM, the stock price is 762 yen, up 40 yen compared to the previous day.

Provided by Wealth Advisor Company.