4668
MEIKO NETWORK JAPAN CO.,LTD.
株式会社明光ネットワークジャパン
Services
Meiko Network Japan Co., Ltd. provides education services in Japan. It operates individual tutoring cram schools; programming school; soccer schools; Japanese language school; and individual English school instructed by bilinguals. The company also offers childcare and nutrition staffing, digital marketing and DX, university education, university entrance examination, after school, human resource, recruitment, and dispatch services, as well as services related to employment of foreigners. In addition, it engages in the event and travel business, as well as offers career change support for nursery and dietitians. The company was formerly known as Meiko Gijuku Corporation and changed its name to Meiko Network Japan Co., Ltd. in December 1986. Meiko Network Japan Co., Ltd. was incorporated in 1982 and is headquartered in Shinjuku, Japan.
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Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
¥24.8B
¥22.6B
¥20.9B
¥19.7B
¥19.0B
Cost of Sales
¥18.5B
¥17.3B
¥15.8B
¥14.6B
¥13.9B
Gross Profit
¥6.3B
¥5.3B
¥5.1B
¥5.0B
¥5.1B
SG&A
¥4.6B
¥4.3B
¥4.0B
¥3.9B
¥4.2B
Operating Income
¥1.7B
¥1.0B
¥1.1B
¥1.2B
¥969M
Non-Operating Income
¥192M
¥165M
¥201M
¥132M
¥157M
Dividend Income
¥68M
¥54M
¥30M
¥27M
¥22M
Interest Income
¥17M
¥10M
¥11M
¥10M
¥13M
Non-Operating Expenses
¥15M
¥11M
¥22M
¥11M
¥12M
Interest Expense
—
—
—
¥0M
¥1M
Ordinary Income
¥1.9B
¥1.2B
¥1.2B
¥1.3B
¥1.1B
Pre-tax Income
¥2.6B
¥970M
¥1.4B
¥1.8B
¥1.7B
Income Taxes
¥861M
¥480M
¥541M
¥794M
¥604M
Current Tax
¥1.0B
¥563M
¥478M
¥858M
¥660M
Deferred Tax
¥-139M
¥-82M
¥63M
¥-63M
¥-56M
Net Income (owners)
¥1.7B
¥489M
¥809M
¥974M
¥1.1B
Comprehensive Income
¥2.3B
¥597M
¥1.1B
¥1.1B
¥1.2B
EBITDA
¥1.9B
¥1.3B
¥1.4B
¥1.4B
¥1.2B
Goodwill Amort. (J-GAAP)
¥39M
¥124M
¥129M
¥91M
¥74M
EPS
¥68.44
¥19.41
¥32.17
¥38.86
¥45.47
Shares Outstanding
25.4M
25.4M
25.3M
25.3M
25.3M
Shares Issued (total)
27.8M
27.8M
27.8M
27.8M
27.8M
Treasury Shares
2.4M
2.5M
2.5M
2.5M
2.5M
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥19.1B
¥16.2B
¥15.8B
¥15.4B
¥14.6B
Current Assets
¥12.2B
¥10.5B
¥10.4B
¥10.4B
¥10.4B
Cash & Deposits
¥9.1B
¥7.9B
¥8.5B
¥8.8B
¥8.7B
Trade Receivables
¥1.4B
¥1.3B
¥1.0B
¥977M
¥767M
Inventories
¥121M
¥120M
¥123M
¥95M
¥114M
Non-Current Assets
¥6.9B
¥5.7B
¥5.4B
¥5.0B
¥4.2B
PP&E
¥1.0B
¥849M
¥693M
¥624M
¥531M
Goodwill
¥305M
¥344M
¥292M
¥422M
¥203M
Intangible Assets
¥530M
¥561M
¥482M
¥607M
¥402M
Investment Securities
¥3.8B
¥2.9B
¥2.8B
¥2.5B
¥2.0B
Deferred Tax Assets
¥248M
¥128M
¥98M
¥233M
¥226M
Total Liabilities
¥6.6B
¥5.4B
¥4.6B
¥4.8B
¥4.6B
Current Liabilities
¥5.5B
¥4.5B
¥3.8B
¥4.0B
¥3.9B
Taxes Payable
¥759M
¥370M
¥166M
¥570M
¥427M
Non-Current Liabilities
¥1.1B
¥875M
¥848M
¥813M
¥747M
Pension Obligations
¥139M
¥133M
¥135M
¥121M
¥111M
Deferred Tax Liab.
¥314M
¥48M
¥67M
¥9M
¥18M
Total Equity
¥12.6B
¥10.9B
¥11.2B
¥10.6B
¥10.0B
Capital Stock
¥972M
¥972M
¥972M
¥972M
¥972M
Capital Surplus
¥909M
¥907M
¥909M
¥909M
¥909M
Retained Earnings
¥11.8B
¥10.8B
¥11.2B
¥11.0B
¥10.5B
Treasury Stock
¥-2.7B
¥-2.7B
¥-2.7B
¥-2.8B
¥-2.8B
AOCI
¥1.5B
¥953M
¥844M
¥543M
¥392M
Equity (owners)
¥11.1B
¥9.9B
¥10.4B
¥10.1B
¥9.6B
Net Cash ⓘ
¥9.1B
¥7.9B
¥8.5B
¥8.8B
¥8.7B
NCAV ⓘ
¥5.6B
¥5.2B
¥5.8B
¥5.6B
¥5.8B
NCAV/Share
¥222
¥204
¥229
¥220
¥230
BV/Share
¥436
¥392
¥409
¥397
¥380
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥1.7B
¥742M
¥608M
¥489M
¥742M
Interest Paid
—
¥0M
—
¥0M
¥-1M
Interest Received
¥106M
¥66M
¥44M
¥37M
¥38M
D&A
¥209M
¥199M
¥173M
¥160M
¥162M
Goodwill Amort.
¥39M
¥124M
¥129M
¥91M
¥74M
Investing CF
¥151M
¥-595M
¥-307M
¥150M
¥1.7B
CapEx
¥338M
¥222M
¥145M
¥112M
¥165M
Purchase Investments
¥-300M
¥-12M
¥-113M
¥-158M
—
Proceeds from Invest.
¥867M
¥36M
¥150M
¥727M
¥221M
Financing CF
¥-636M
¥-863M
¥-588M
¥-653M
¥-628M
Dividends Paid
¥-631M
¥-860M
¥-582M
¥-532M
¥-626M
Share Buybacks
—
—
¥0M
—
—
Free Cash Flow
¥1.4B
¥520M
¥463M
¥377M
¥577M
Net Change in Cash
¥1.2B
¥-716M
¥-287M
¥-13M
¥1.8B
Metric
FY 2025
EDINET ↗
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
14.7%
4.4%
7.4%
9.4%
11.7%
ROA
9.8%
3.1%
5.2%
6.5%
7.8%
EPS
¥68.44
¥19.41
¥32.17
¥38.86
¥45.47
DPS
¥27.00
¥34.00
¥24.00
¥22.00
¥20.00
BPS
¥498.17
¥431.75
¥444.51
¥422.84
¥399.67
FCF/Share
¥55
¥21
¥18
¥15
¥23
NCAV/Share
¥222
¥204
¥229
¥220
¥230
Payout Ratio
39.5%
175.2%
74.6%
56.6%
44.0%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 9
Date Activist Stake Event Flag Demands Source
2024-09-11
Hirotake Watanabe
10.13%
-0.24%
correction
Passive
—
2024-09-05
Hirotake Watanabe
10.37%
change
Passive
—
2024-02-09
Hirotake Watanabe
10.37%
-0.63%
change
Passive
—
2024-01-30
Hirotake Watanabe
11.0%
-1.07%
change
Passive
—
2024-01-18
Hirotake Watanabe
12.07%
-0.83%
change
Passive
—
2024-01-17
Hirotake Watanabe
12.9%
correction
Passive
—
2024-01-16
Watanabe Hirotake
12.9%
change
Passive
—
2024-01-12
Hirotake Watanabe
12.9%
change
Passive
—
2024-01-12
koekizaidannhoujinn meikokyouikukenkyusyo
7.19%
change
Passive
—
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-04-28
16:00
Cancellation
7.2%
MEIKO Network Japan completed cancellation of 2,000,000 treasury shares (7.19% of pre-cancellation outstanding shares) o…
Summary
MEIKO Network Japan completed cancellation of 2,000,000 treasury shares (7.19% of pre-cancellation outstanding shares) on April 28, 2026, pursuant to Companies Act Article 178. Post-cancellation outstanding shares total 25,803,600; remaining treasury shares (339,269 or 1.31%) are designated for restricted stock awards to executives and employees.
Deadline: 2026-04-28
% of Shares: 7.2%
Shares: 2,000,000
Source (JP)
当社は、2026年4月10日開催の取締役会において決議した会社法第178条の規定に基づく自己株式の消却を完了いたしました。消却した株式の数:2,000,000株(消却前の発行済株式総数に対する割合 7.19%)
自己株式の消却完了に関するお知らせ(会社法第178条の規定に基づく自己株式の消却)
TDnet PDF
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 0
#
Shareholder
Shares (thou.)
% of Total
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
2,301,400
9.07%
2
渡邉 弘毅
2,035,500
8.02%
3
公益財団法人明光教育研究所
2,000,000
7.88%
4
奥井 世志子
792,800
3.12%
5
State Street Bank and Trust Company
ステート ストリート バンク アンド トラスト カンパニー505223 (常任代理人 株式会社みずほ銀行決済営業部)
701,100
2.76%
6
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
349,800
1.38%
7
株式会社早稲田アカデミー
347,600
1.37%
8
奥井 雅人
201,600
0.79%
9
BNY Mellon (Nominee)
ザ バンク オブ ニューヨーク メロン 140044 (常任代理人 株式会社みずほ銀行決済営業部)
119,800
0.47%
10
大和証券株式会社
114,450
0.45%
Domestic Nominees
10.4%
+0.7% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
3.2%
+3.2% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
21.6%
-0.4% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
日本マスタートラスト信託銀行
7.89%
8.30%
9.07%
+0.77%
渡邉 弘毅
7.08%
6.58%
8.02%
+1.44%
公益財団法人明光教育研究所
7.89%
7.89%
7.88%
-0.01%
奥井 世志子
3.13%
3.13%
3.12%
-0.01%
State Street
NEW ENTRY
—
—
—
2.76%
NEW
日本カストディ銀行
1.74%
1.49%
1.38%
-0.11%
式会社早稲田アカデミー
1.37%
1.37%
1.37%
奥井 雅人
NEW ENTRY
—
—
—
0.79%
NEW
BNY Mellon
NEW ENTRY
—
—
—
0.47%
NEW
大和証券
NEW ENTRY
—
—
—
0.45%
NEW
奥井 慧
last seen 2024
Exited Top 10
1.18%
1.18%
—
式会社ウィザス
last seen 2024
Exited Top 10
0.91%
0.91%
—
WU ASSETS PTE. LTD.
last seen 2024
Exited Top 10
—
0.56%
—
明光ネットワークジャパン社員持株会
last seen 2024
Exited Top 10
—
0.40%
—
エムコー
last seen 2023
Exited Top 10
3.95%
—
—
明光ネットワークジャパン役員持株会
last seen 2023
Exited Top 10
0.59%
—
—
Concentration (HHI)
ⓘ
208
191
231
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥0M
-100% since 2023
Holdings
0
1 exited
Trend
Stable
vs 2023
Held Company
FY2025
¥0M total
FY2023
¥387M total
Book Val ¥M
Shares
Book Val ¥M
Shares
With us Corporation
株式会社ウィザス
—
−100%
Exit
—
387
267,900
M
Portfolio total
0
387
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding