Gakken Holdings Co., Ltd. · TSE:9470
Gakken — FY2025 Earnings Presentation
31 slides from Gakken's earnings presentation, Nov 7, 2025
Slide 1: Financial Results Fiscal year ended September 2025
Financial Results Fiscal year ended September 2025 2025.11.7 Gakken Holdings Co., Ltd. Security code 9470
Slide 2: Copyright ©2025 Gakken Holdings Co., Ltd.
Copyright ©2025 Gakken Holdings Co., Ltd. 2
Slide 3: Executive Summary of Financial Results for the Fiscal Year Ended September 2025
Executive Summary of Financial Results for the Fiscal Year Ended September 2025 Achieved year-on-year growth in both revenue and profit, meeting profit targets and successfully concluding the final year of the Gakken 2025 plan Net Sales EBITDA*1 Operating Profit Ordinary Profit Net Profit*2 199.1 bi
Slide 4: INDEX
INDEX 01 02 03 04 Summary of Healthcare Education Supplementary Sep-2025 and Nursing Domain Financial Financial Domain Performance Data Results Performance P.05 P.14 P.18 P.20 Copyright ©2025 Gakken Holdings Co., Ltd. 4
Slide 5: Sep-2025 Financial Results Summary
01 Sep-2025 Financial Results Summary
Slide 6: Net Sales Analysis (Increase/Decrease)
1 Sep-25 Financial Results Summary Net Sales Analysis (Increase/Decrease) Net sales increased, supported by strong performance in the Publishing and Content Business within the Education Domain, as well as facility expansion, sustained high occupancy rates, and positive impact of price revisions in
Slide 7: Operating Profit Analysis (Increase/Decrease)
1 Sep-25 Financial Results Summary Operating Profit Analysis (Increase/Decrease) Operating profit increased overall, driven by revenue growth in the Publishing and Content Business, price revisions in the Classroom Business, and price revisions in Healthcare and Nursing Domain （Billion JPY） （Amounts
Slide 8: Sep-2025 Segment Performance (Year on Year)
1 Sep-25 Financial Results Summary Sep-2025 Segment Performance （Year on Year） Sep-24(Actual) Sep-25(Actual) Change (vs. Previous Period) Operating Operating Operating (Unit: 100 million yen; figures rounded down) Net Sales Profit Net Sales Profit Net Sales Profit Education 918 41 953 49 +35 +8 Clas
Slide 9: Consolidated Financial Position
1 Sep-25 Financial Results Summary Consolidated Financial Position Total assets increased by 6.5% year on year, driven by consolidation of DTP Education Solutions JSC , while our equity-to-asset ratio declined to 36.9% （Billion JPY） （Amounts rounded down to one decimal place） Sep-24 Sep-25 139.1 130
Slide 10: Gakken 2025 Group Strategy
1 Sep-25 Financial Results Summary Gakken 2025 Group Strategy New Education Healthcare and Nursing Challenges (expansion by generation, region, diversity) (multiple customer touchpoints) Strategies and • Diversify learning content and services • High value-added model actions to redefine • Recurrent
Slide 11: Key Topics from Gakken 25
1 Sep-25 Financial Results Summary Key Topics from Gakken 2025 01 02 03 04 Strengthening Recurrent Strengthening Existing Laying the Groundwork for Global Expansion Centered Education / Reskilling Businesses Value-Added Service (Classrooms, Learning Centers, on Vietnam and China Initiatives, Centere
Slide 12: Initiatives to Achieve Management Focused on Capital Efficiency and Shareholder Value
1 Sep-25 Financial Results Summary Initiatives to Achieve Management Focused on Capital Efficiency and Shareholder Value Pursuing both business performance and shareholder returns to enhance PER and ROE PER Steady Execution of Growth Strategies 18.8x Accelerating New Business Development 12.2x Conti
Slide 13: Group Themes Toward 2030
1 Sep-25 Financial Results Summary Group Themes Toward 2030 2026-2027 2024-2025 2028-2030 Resolve outstanding issues from Gakken 2023 and build Increasing business, financial, and Inspire unlimited momentum for a new stage organizational value to achieve our potential of growth vision for 2030 Reinf
Slide 14: Education Domain Performance
02 Education Domain Performance We operate three core businesses supporting children’s learning as we continue to expand services for adults. Classroom and Learning Operation of toddler classes and Gakken Classrooms supporting daily learning as well as Center Business the operation of learning cente
Slide 15: Summary of Classroom and Learning Center Business Performance
2 Education Domain Performance Summary of Classroom and Learning Center Business Performance Net Sales JPY 52.84 JPY 53.43 Positive Factors billion billion OP OP • Profit growth driven by price JPY 12.32 JPY 12.64 margin margin adjustments in the Classroom JPY 39.74 billion billion Business and opti
Slide 16: Summary of Publishing Content Business Performance
2 Education Domain Performance Summary of Publishing Content Business Performance Net Sales Positive Factors JPY 27.20 JPY 27.85 billion JPY 26.32 billion • Number of new publications billion OP OP OP increased, while the return rate Language Study margin margin margin and Adult improved year on yea
Slide 17: Summary of Kindergarten and School Business Performance
2 Education Domain Performance Summary of Kindergarten and School Business Performance Net Sales Positive Factors JPY 14.09 billion JPY 12.53 JPY 12.70 • Integration of Kirihara Shoten K.K. billion billion into the Gakken Group OP OP OP margin margin margin • Cost optimization in the Schools JPY 5.9
Slide 18: Healthcare and Nursing Domain Performance
03 Healthcare and Nursing Domain Performance We are tackling the social challenges of a declining birthrate and aging population through three businesses, creating communities where all generations can live with peace of mind. Elderly Housing Planning, development, and operation of serviced apartmen
Slide 19: Summary of Healthcare and Nursing Domain Performance
3 Healthcare and Nursing Domain Performance Summary of Healthcare and Nursing Domain Performance Positive Factors Net Sales JPY 95.08 OP • Steady progress in new facility JPY 87.51 billion margin openings (throughout fiscal year) OP billion JPY 8.10 billion JPY 78.58 margin → Elderly Housing +18 bil
Slide 20: Supplementary Financial Data
04 Supplementary Financial Data
Slide 21: Classroom and Learning Center Business: Number of Subscriptions/Students/Locations
4 Supplementary Financial Data Classroom and Learning Center Business: Number of Subscriptions/Students/Locations Classrooms (Number of subscriptions) Learning Centers (Number of students) 80,551 79,650 77,962 383,734 364,867 340,610 354,117 44,212 Sep-22 Sep-23 Sep-24 Sep-25 Sep-22 Sep-23 Sep-24 Se
Slide 22: Publishing Business: New Book Titles / Return Rate
4 Supplementary Financial Data Publishing Business: New Book Titles / Return Rate* Number of New Book Titles (cumulative) Book Return Rate (cumulative) (1.0)％ pt. (Unit: titles) Sep-23 Sep-24 Sep-25 31.5% 27.8％ 27.5% 28.5% 28.8% 26.4% 25.6% 27.1% Children's 194 236 242 26.8% books Study-aid 207 199
Slide 23: Workforce Development and Language Learning Business: Number of Nursing e-learning Contract Hospitals
4 Supplementary Financial Data Workforce Development and Language Learning Business: Number of Nursing e-learning Contract Hospitals (Unit: cases) 3,245 +338 2,907 2,647 2,351 2,066 1,788 1,482 1,233 Sep-18 Sep-19 Sep-20 Sep-21 Sep-22 Sep-23 Sep-24 Sep-25 Copyright ©2025 Gakken Holdings Co., Ltd. 23
Slide 24: Workforce Development and Language Learning Business: Number of Online Language Members
4 Supplementary Financial Data Workforce Development and Language Learning Business: Number of Online Language Members (Unit: thousands of persons) Number of subscribers in Kimini +6.5K Number of subscribers in CClesson 44.1 38.5 subscribers 37.6 32.8 30.4 25.5 22.0 16.5 Mar-22 Sep-22 Mar-23 Sep-23
Slide 25: School Business: Textbook Revision Schedule
4 Supplementary Financial Data School Business: Textbook Revision Schedule ● Start of Use: Supplied to schools and distributed to students ○ Adoption: Decided by Board of Education or school △ Screening: Reviewed by the Ministry of Education, Culture, Sports, Science and Technology (for textbook sui
Slide 26: DX Strategy: Group Direct Touchpoints
4 Supplementary Financial Data DX Strategy: Group Direct Touchpoints (Unit: thousand; figures rounded down) No. of Gakken official LINE friends 1,305 Over 1.3 No. of e-mail addresses registerd million No. of Gakken ID holders 1,079 849 570 339 Sep-21 Mar-22 Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25
Slide 27: Healthcare and Nursing Domain: Trends in Number of Locations
4 Supplementary Financial Data Healthcare and Nursing Domain: Trends in Number of Locations*1 (Unit: Number of locations) Child raising support facilities, etc. *2 739 Increase of over Elderly housing, etc. *3 686 103 Group homes for the elderly with demntia, etc. *4 631 50 592 89 locations 561 81 5
Slide 28: Healthcare and Nursing Domain: Plan and Progress for New Location Openings
4 Supplementary Financial Data Healthcare and Nursing Domain: Plan and Progress for New Location Openings*1 Sep-24 Sep-25 (Unit: Number of locations opened) Actual Openings Full-Year Plan Full-Year Results Progress Against Plan Facilities: Elderly Housing 27 facilities 24 facilities 18 facilities （1
Slide 29: Healthcare and Nursing Capacity and Availability
4 Supplementary Financial Data Healthcare and Nursing Capacity and Availability Total units / Rooms / Capacity trends Occupancy and Capacity Trends （Includes new facilities） Maximum no.of children / Nursery school Group homes for elderly with Total no. of rooms / Group homes for the elderly with dem
Slide 30: Healthcare and Nursing Occupancy and Capacity
4 Supplementary Financial Data Healthcare and Nursing Occupancy and Capacity （Includes new facilities） Mar-22 Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25 Sep-25 Total housing 9,037 9,665 9,980 10,361 11,512 11,805 12,146 12,918 Elderly Total Housing occupants 8,345 9,073 9,519 10,062 11,210 11,541 11,
Slide 31: This document contains statements regarding business plans. Such statements are based on the economic
This document contains statements regarding business plans. Such statements are based on the economic environment and business policies as of the date of preparation. Please note that actual results may differ due to risks and uncertainties. A highly legible universal design font has been adopted fo