Revenue for the period climbed to 18.51 billion yen, up from 17.58 billion yen in the previous year. However, this increase failed to translate into bottom-line growth as operating profit dropped significantly to 829 million yen from 1.12 billion yen. Pretax profit followed a similar downward trajectory, settling at 926 million yen compared to 1.20 billion yen in 2025. Diluted earnings per share fell to 16.99 yen from 29.29 yen. These results, prepared under Japanese accounting standards, reflect the company's narrowing margins during the first three quarters of the fiscal year.
Meiko Network Japan Profits Slide Amid Rising Costs
Meiko Network Japan reported a sharp decline in profitability for the nine-month period ending May 31, with net profit falling to 430 million yen from 739 million yen a year prior. Despite a growth in top-line revenue, the tutoring firm struggled to maintain margins against a backdrop of intensifying fiscal pressure.
Comments (0)
No comments yet. Be the first!