Gakujo revises full-year forecasts downward amid economic uncertainties

Gakujo announced a downward revision to its full-year financial forecast for the fiscal year ending October 31, 2025. Net sales are now projected at JPY 11,000 million, a 10.6% decrease from the initial plan of JPY 12,300 million. Operating profit is revised to JPY 2,100 million, a 30.0% decrease from the initial forecast of JPY 3,000 million. This revision also impacts ordinary profit, now expected to be JPY 2,400 million, and profit at JPY 1,720 million.

The company attributes these revisions to persistent global economic uncertainties, particularly those stemming from U.S. tariff policies, which have led companies to reduce recruiting budgets. For the nine months ended July 31, 2025, net sales increased by 0.8% year-over-year to JPY 7,063 million, but operating profit declined by 33.9% to JPY 848 million during the same period.

While the "Re-Shukatsu" business sales for the first nine months increased by 20.4% year-over-year, seasonal upturns in new graduate services have partially diminished. Gakujo will not revise its dividend forecast, maintaining the planned JPY 67.00 per share for the fiscal year ending October 31, 2025.