Home Finance SHIKIGaku Co., Ltd. (7049, TSE Mothers) Performance for the nine months ended november 30, 2021 – Yahoo Finance

SHIKIGaku Co., Ltd. (7049, TSE Mothers) Performance for the nine months ended november 30, 2021 – Yahoo Finance

0
SHIKIGaku Co., Ltd. (7049, TSE Mothers) Performance for the nine months ended november 30, 2021 – Yahoo Finance

Argus's Jim Kelleher and John Eade break down stocks they see as well-positioned for 2022 on Wed, 2/9 at 2 PM ET.

TOKYO, Feb. 4, 2022 /PRNewswire/ — Bolstered by substantial growth in SHIKIGAKU Basic Services, the Company maintained significant increases in sales and profit in the nine months ended November 30, 2021.
Summary of results
During the nine months ended November 30, 2021, the Japanese economic outlook remained opaque due to the ongoing impact of the COVID-19 pandemic. However, the market is demonstrating a strong need for improvement in organizational productivity achieved through such means as results-based employee management and rule-oriented organizational management that generates results regardless of the workplace being utilized. Accordingly, demand for the Company's services remains robust.
Under its corporate philosophy of "Disseminate Shikigaku and maximize people's potential," in its Organization Consulting business the Shikigaku Group provides services that facilitate the permeation of its "Shikigaku" organizational management theory within client organizations. To do so, the Group actively recruits and trains instructors to thoroughly manage the quality of its instructors. In the Sports Entertainment business, the B.LEAGUE professional basketball season commenced, and the Company has engaged in marketing and actively conducted sales activities.
In the VC Fund business, Aidma Holdings, Inc., the first company in which SHIKIGAKU No. 1 Investment Limited Partnership invested, successfully listed shares on the TSE Mothers Index. With this listing, two investee companies of SHIKIGAKU No. 1 Investment Limited Partnership have conducted IPOs within the year and a half since its establishment. The Company considers these results to be proof that the Shikigaku method supports organizational management aimed at achieving public listings.
For the nine months ended November 30, 2021, the Company reported net sales of JPY2,808,198,000 (+65.6% YoY), EBITDA (operating profit + depreciation + amortization of goodwill + amortization of leasehold deposits) of JPY330,080,000 (+305.4% YoY), operating profit of JPY277,565,000 (+657.7% YoY), ordinary profit of JPY263,158,000 (+134.1% YoY), and JPY141,569,000 in net income attributable to owners of parent (versus JPY79,240,000 in net loss for the nine months ended November 30, 2020).
Through its Organization Consulting business, the Company provides management consulting services and platform services.
During the nine months ended November 30, 2021, the Company continued to conduct investment supported by vigorous marketing activities to facilitate active recruitment of consultants and expansion in its customer base. Consequently, its consultant count increased to 69, up 15 from February 28, 2021. As of November 30, 2021, the Company reported that it had formed management consulting service contracts with a cumulative total of 2,735 companies, up from 2,187 companies as of February 28, 2021. Its management consulting services generated JPY1,645,370,000 in sales over the nine months ended November 30, 2021 (+27.0% YoY).
During the period under review, in the category of platform services, the Company focused on expanding sales of its SHIKIGAKU Basic Services, which provide ongoing operational support until organizational management grounded in its Shikigaku theory (corresponding service launched in September 2020) take hold. The diagnoses that accompany these services clarify organizational issues and enable support for their eventual resolution. Accordingly, the Company has been striving to improve customer satisfaction. As of November 30, 2021, the Company had SHIKIGAKU Basic Service agreements in place with 468 companies (versus 167 as of February 28, 2021) while also reporting 134 SHIKIGAKU Cloud agreements (versus 229 as of February 28, 2021) and 289 Shikigaku Member clients (versus 479 as of February 28, 2021). Platform services generated JPY803,216,000 in sales over the nine months ended November 30, 2021 (+181.9% YoY). As a result of these factors, sales in the Organization Consulting business amounted to JPY2,448,586,000 (+54.9% YoY) while operating profit came to JPY456,308,000 (+312.8% YoY).
In the Sports Entertainment business, the Company fulfilled its function as a community-based club by conducting initiatives aimed at stimulating and expanding interest in local sports while also striving to facilitate team strengthening in pursuit of promotion to the B1 League level. During the nine months ended November 30, 2021, the Company expanded sales activities aimed at acquiring sponsors, increased the scope of its sales personnel recruitment, and strengthened its collaboration with local governments to raise tax payments made under the corporate version of Japan's hometown tax system, which has become a new revenue base. Due in part to these efforts, sponsorship orders were strong, increasing to JPY137,395,000 (+66.7% YoY). However, costs took precedent over profit during the period under review as the Company continued to invest in operations aimed at strengthening the team. Consequently, sales generated through the Sports Entertainment business amounted to JPY164,066,000 while operating loss in the business came to JPY135,744,000.
In the Contract Development business, the Company leveraged its expertise and engineer sources cultivated while developing the platform services of its own corporate group and contracted development related to e-learning systems linked to certification courses. In March 2021, the Company released Work Experience DX, a recruitment matching service that allows users to simulate the experience of joining participating companies, thereby gaining knowledge of the work they do and an understanding of how compatible they are with these companies. In October 2021, the Company launched "Digital Interview," a service that digitizes corporate presentations. As a result of these factors, sales generated through the Contract Development business amounted to JPY195,545,000, while the corresponding operating loss came to JPY3,246,000.
In the VC Fund business, the Company conducted investment focused on establishing and expanding organizational power and becoming a growth-generating organization. Meanwhile, it also operated venture capital funds that support growth by facilitating organizational improvements at companies in which they invest by implementing the Company's Shikigaku theory. In June 2021, the Company established the SHIKIGAKU No. 2 Investment Limited Partnership, converted it into a subsidiary, and began including its performance in consolidated financial results. In October 2021, the Company sold a portion of the shares held by SHIKIGAKU No. 1 Investment Limited Partnership and booked a JPY49 million gain on sales of investment securities, categorizing this gain as extraordinary income because it was generated by investment conducted on or prior to June 29, 2021. Consequently, operating loss in the VC Fund business amounted to JPY28,928,000.
In the Hands-On Support Fund business, the Company operated hands-on support funds that provide organizational improvement and finance support and draw income from capital gains generated through investment exits (IPO, M&A, etc.). In June 2021, the Company established Shinsei Shikigaku Growth Support I Investment Limited Partnership and converted it into an equity-method affiliate. The goal of this fund is to invest in companies that are expected to grow, provide hands-on support aimed at improving their financial performance and facilitating this growth, and raise investment capital through their subsequent sale. As a result of spending associated with these efforts, the Hands-On Support Fund business generated an operating loss of JPY2,716,000.
Shikigaku Co., Ltd. (7049, TSE Mothers) https://ir.shikigaku.jp/en/
Please visit the following URL for a summary of consolidated financial results for the nine months ended November 30, 2021.
https://global-assets.irdirect.jp/pdf/tdnet/batch/140120211227562063.pdf
Release Disclaimer
This release is for the purpose of providing information to serve as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please be advised that we do not assume any responsibility for damages caused by this service.

Borderless IR specializes in the global distribution of IR content, including the dissemination of newsletters and annual reports providing the latest information and main strengths of Japanese companies directly to overseas investors through leading global media, corporate information database services and mailing lists. Borderless is also engaged in supporting other global IR efforts.
©Borderless IR Co., Ltd. All rights Reserved
The content of this release may not be duplicated or reproduced.
View original content:https://www.prnewswire.com/news-releases/shikigaku-co-ltd-7049-tse-mothers-performance-for-the-nine-months-ended-november-30-2021-301476148.html
SOURCE SHIKIGAKU Co., LTD.
The S&P 500's sell-off in 2021 is getting uncomfortable for most. But look down just one layer, and you'll see more pain.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) caused a frenzy last week by announcing a 20-for-1 stock split. This move really won't matter all that much, although it could spur some individual investors to buy the stock and perhaps secure Alphabet a spot in the Dow Jones Industrial Average index. What makes Alphabet unstoppable (and such a great stock to buy) are its moat and its growth prospects.
(Bloomberg) — When Amazon.com Inc. announced it was raising the price of its Prime program, the company said an annual subscription would climb $20 to $139. But slightly more than half of Prime members will end up forking over almost $180 a year. Most Read from BloombergAmazon Prime Fee Rising to $180, Not $139, for Many MembersAdults Back in Charge of Stock Market as Fed Awakens Big MoneyGoodbye Easy Money as Hawkish Central Banks Speed Up Rate HikesStatement on Publishing ErrorNFTs Are the Ti
Ford earnings missed Q4 views, even as electric-vehicle sales continue to climb, Should you buy Ford stock now?
The risk-on money manager, undeterred by a deep decline, says growth funds and indexes track the same mature companies, but her firm stands apart.
The market rally rose solidly last week, but there are still caveats. Apple and Google are among 5 stocks showing strength.
Many fantastic businesses have sold off recently due to their association with high-growth, unprofitable stocks with unrealistic expectations. Three deserving more respect than what they are receiving are Shopify (NYSE: SHOP), MercadoLibre (NASDAQ: MELI), and Datadog (NASDAQ: DDOG). While these businesses don't consistently make a profit, each is close to breaking that barrier.
Whether you favor growth, value, or income stocks, there's a pathway to build wealth over time. Then again, there's no denying the outperformance that dividend stocks have demonstrated over the long run. In 2013, J.P. Morgan Asset Management, a division of money-center giant JPMorgan Chase, released a report that looked back at 40 years' worth of data and compared the performance of publicly traded companies that initiated and grew their payouts to companies that didn't pay a dividend.
So far this century, holding GE shares has been a portfolio killer. That all may soon change, according to Barron’s senior writer Al Root.
Alphabet (NASDAQ: GOOG) has proven quarter after quarter why it is one of the best businesses on Earth. The Google search engine, YouTube, and Google Cloud parent company has a nearly $2 trillion market cap, making it the third-largest company in the U.S. During its fourth-quarter earnings report issued on Feb. 1, Alphabet announced an astounding $75 billion in revenue for the quarter and $257 billion for the entire year.
For years, Jamie Dimon, the CEO of JPMorgan Chase, has thought of cryptocurrencies as a sham or "worthless." But now, he says, he has stopped even calling them "currencies," preferring the term "crypto-tokens" instead.
New York tax expert Robert Willens considered the implications of selling the Warner Bros. Discovery stock investors are due to get in the second quarter.
Bank of America’s latest Global Research report designates Amazon as one of the best Internet stocks for 2022.
U.S. oil prices surged above the key $90 per barrel benchmark Friday as a massive winter storm swept through Texas.
The shakeout for tech isn’t over yet. There’s a reason the best performing tech stocks this year are old school names like IBM and Dell.
Holding a diverse mix of high-quality stocks could allow your portfolio to flourish in over a decade.
Stocks were volatile again last week but ended higher as investors reacted to a mixed week for Q4 earnings reports. Coca-Cola (NYSE: KO), Disney (NYSE: DIS), and Twilio (NYSE: TWLO) are a few of the most anticipated earnings reports to watch in the coming days.
Inflation-wary investors are flocking to TIPS rather than to conventional bonds. But they might not understand the drawbacks as well as they should.
Apple is among several stocks near buy points and boasting strong relative strength lines with earnings already in the rearview mirror.
After a misguided M&A spree, AT can finally see an end to its cleanup when it merges WarnerMedia into Discovery. What’s next? A return to its roots as a telecom, investing heavily into 5G and fiberoptic broadband.

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here