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Summary of Financial Results for FY2020

In FY2020, the Group’s consolidated results recorded a year-on-year decline in both net sales and operating income.

  • Net sales totaled 427,531 million yen, a 4.7% decrease from the previous fiscal year.
    Despite an increase in cumulative enrollments to Shinkenzemi and Kodomo Challenge in Japan, the Berlitz business saw a decrease in earnings due to temporary language center closures related to COVID-19 and the impact of franchising conversion. Similarly, in the Education business in Japan, temporary school closures and voluntary halt of business due to COVID-19 led to a decrease in earnings in the School & Teacher Support business, and the Cram Schools and English Education business.
    In addition, due to the transfer of all shares of Simul International, Inc, to TAKARA & COMPANY Ltd. on March 31, 2020, earnings of Simul and its two subsidiaries in the previous fiscal year totaling 6,257 million yen were not included in the Group’s net sales.
  • Operating income totaled 13,890 million yen, a 38.4% decrease from the previous fiscal year.
  • Ordinary income totaled 9,260 million yen, a 44.7% decrease from the previous fiscal year.
  • Net income attributable to owners of the parent totaled 3,122 million yen, a 50.3% decrease from the previous fiscal year due to a decrease in ordinary income, extraordinary losses associated with the restructuring of foreign consolidated subsidiaries, and extraordinary losses related to the negative impact of COVID-19.

This is an analytical tool for using customized graphs to find your necessary financial data from prior fiscal years.

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This is an analytical tool for using customized graphs to find your necessary financial data from prior fiscal years.

Highlights

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The Company acknowledges that the information appearing on this website may not be accurate or comprehensive.
We carefully paid attention to provide the data and the information appearing on this website. However, please consider in advance that it cannot be guaranteed to exclude all possibility of errors, because of the alteration by third party or the erroneous operation of system, etc.
The financial information of this website is presented by Magical Pocket Corp.

Last updated : 2021/07/09