Johnan Academic Preparatory Institute, Inc. operates in the education business primarily in Japan. The company manages cram schools and other various classrooms, as well as provides recruitment and management guidance for preparatory schools and classrooms through franchise chain systems. It also plans, produces, and sells teaching materials for university, high school, and junior high school exams; and engages in the early childhood education, childcare-related and online learning business. Johnan Academic Preparatory Institute, Inc. was founded in 1961 and is headquartered in Kawasaki, Japan.
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Financials
Ownership
Capital Allocation Signals 1
TSE Compliance
Material Events
Income Statement
Balance Sheet
Cash Flow
Ratios & Growth
Metric
FY 2025
TDnet
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Net Sales
ยฅ5.6B
ยฅ5.6B
ยฅ5.9B
ยฅ5.9B
ยฅ6.3B
ยฅ5.7B
Cost of Sales
ยฅ4.3B
ยฅ4.5B
ยฅ4.4B
ยฅ4.4B
ยฅ4.5B
ยฅ4.7B
Gross Profit
ยฅ1.4B
ยฅ1.2B
ยฅ1.5B
ยฅ1.6B
ยฅ1.7B
ยฅ1.0B
SG&A
ยฅ1.3B
ยฅ1.4B
ยฅ1.5B
ยฅ1.6B
ยฅ1.7B
ยฅ1.7B
Operating Income
ยฅ78M
ยฅ-231M
ยฅ30M
ยฅ-33M
ยฅ78M
ยฅ-637M
Non-Operating Income
ยฅ20M
ยฅ16M
ยฅ31M
ยฅ24M
ยฅ21M
ยฅ63M
Dividend Income
โ
ยฅ4M
ยฅ6M
ยฅ7M
ยฅ10M
ยฅ9M
Interest Income
โ
ยฅ1M
ยฅ1M
ยฅ1M
ยฅ1M
ยฅ1M
Non-Operating Expenses
โ
ยฅ14M
ยฅ20M
ยฅ32M
ยฅ29M
ยฅ10M
Interest Expense
โ
ยฅ13M
ยฅ6M
ยฅ8M
ยฅ8M
ยฅ3M
Ordinary Income
ยฅ81M
ยฅ-229M
ยฅ40M
ยฅ-40M
ยฅ70M
ยฅ-585M
Pre-tax Income
ยฅ66M
ยฅ-343M
ยฅ-30M
ยฅ-90M
ยฅ-568M
ยฅ-1.0B
Income Taxes
ยฅ61M
ยฅ78M
ยฅ92M
ยฅ46M
ยฅ69M
ยฅ47M
Current Tax
โ
ยฅ86M
ยฅ88M
ยฅ75M
ยฅ82M
ยฅ40M
Deferred Tax
โ
ยฅ-8M
ยฅ5M
ยฅ-30M
ยฅ-13M
ยฅ7M
Net Income (owners)
ยฅ5M
ยฅ-421M
ยฅ-122M
ยฅ-135M
ยฅ-637M
ยฅ-1.1B
Minority Interest
โ
ยฅ0M
ยฅ0M
ยฅ0M
โ
โ
Comprehensive Income
โ
ยฅ-402M
ยฅ-104M
ยฅ-131M
ยฅ-590M
ยฅ-1.0B
EBITDA
ยฅ201M
ยฅ-102M
ยฅ162M
ยฅ126M
ยฅ318M
ยฅ-360M
Goodwill Amort. (J-GAAP)
โ
ยฅ14M
ยฅ15M
ยฅ15M
ยฅ96M
ยฅ95M
EPS
ยฅ0.61
ยฅ-52.39
ยฅ-15.23
ยฅ-17.15
ยฅ-79.59
ยฅ-131.16
Shares Outstanding
โ
8.3M
8.3M
8.3M
8.1M
8.3M
Shares Issued (total)
โ
8.9M
8.9M
8.9M
8.9M
8.9M
Treasury Shares
โ
0.6M
0.6M
0.6M
0.8M
0.6M
Metric
FY 2025
TDnet
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Total Assets
ยฅ5.1B
ยฅ5.2B
ยฅ4.9B
ยฅ5.1B
ยฅ5.4B
ยฅ5.9B
Current Assets
ยฅ2.3B
ยฅ2.2B
ยฅ2.0B
ยฅ2.1B
ยฅ2.3B
ยฅ2.0B
Cash & Deposits
ยฅ1.8B
ยฅ1.6B
ยฅ1.4B
ยฅ1.6B
ยฅ1.6B
ยฅ1.3B
Trade Receivables
โ
ยฅ286M
ยฅ246M
ยฅ161M
ยฅ190M
ยฅ129M
Inventories
โ
ยฅ14M
ยฅ29M
ยฅ37M
ยฅ50M
ยฅ70M
Non-Current Assets
ยฅ2.8B
ยฅ3.0B
ยฅ2.9B
ยฅ3.0B
ยฅ3.2B
ยฅ3.9B
PP&E
ยฅ2.2B
ยฅ2.3B
ยฅ2.1B
ยฅ2.1B
ยฅ2.2B
ยฅ2.3B
Goodwill
โ
ยฅ12M
ยฅ26M
ยฅ41M
ยฅ55M
ยฅ483M
Intangible Assets
โ
ยฅ36M
ยฅ88M
ยฅ114M
ยฅ144M
ยฅ595M
Investment Securities
ยฅ31M
ยฅ136M
ยฅ111M
ยฅ159M
ยฅ172M
ยฅ271M
Deferred Tax Assets
โ
ยฅ35M
ยฅ14M
ยฅ26M
โ
โ
Total Liabilities
ยฅ3.7B
ยฅ3.8B
ยฅ3.0B
ยฅ3.1B
ยฅ3.3B
ยฅ3.0B
Current Liabilities
ยฅ1.8B
ยฅ1.8B
ยฅ1.6B
ยฅ1.6B
ยฅ1.7B
ยฅ1.5B
ST Debt
ยฅ288M
ยฅ332M
ยฅ250M
ยฅ297M
ยฅ212M
ยฅ172M
Taxes Payable
โ
ยฅ65M
ยฅ71M
ยฅ49M
ยฅ93M
ยฅ28M
Non-Current Liabilities
ยฅ2.0B
ยฅ1.9B
ยฅ1.4B
ยฅ1.5B
ยฅ1.7B
ยฅ1.6B
Total LT Borrowings
ยฅ778M
ยฅ739M
ยฅ375M
ยฅ506M
ยฅ679M
ยฅ699M
Pension Obligations
โ
ยฅ436M
ยฅ438M
ยฅ438M
ยฅ421M
ยฅ404M
Deferred Tax Liab.
โ
ยฅ211M
ยฅ190M
ยฅ190M
ยฅ202M
ยฅ207M
Total Equity
ยฅ1.4B
ยฅ1.4B
ยฅ1.9B
ยฅ2.0B
ยฅ2.1B
ยฅ2.8B
Capital Stock
โ
ยฅ656M
ยฅ656M
ยฅ656M
ยฅ656M
ยฅ656M
Capital Surplus
โ
ยฅ696M
ยฅ696M
ยฅ696M
ยฅ695M
ยฅ687M
Retained Earnings
ยฅ739M
ยฅ735M
ยฅ1.2B
ยฅ1.4B
ยฅ1.5B
ยฅ2.2B
Treasury Stock
โ
ยฅ-356M
ยฅ-356M
ยฅ-356M
ยฅ-443M
ยฅ-346M
AOCI
โ
ยฅ-294M
ยฅ-312M
ยฅ-330M
ยฅ-334M
ยฅ-381M
Equity (owners)
ยฅ1.7B
ยฅ1.7B
ยฅ2.2B
ยฅ2.4B
ยฅ2.4B
ยฅ3.2B
Minority Interests
โ
ยฅ2M
ยฅ2M
ยฅ1M
โ
โ
Total Interest-Bearing Debt โ
ยฅ1.1B
ยฅ1.1B
ยฅ625M
ยฅ804M
ยฅ891M
ยฅ871M
Net Cash โ
ยฅ685M
ยฅ526M
ยฅ800M
ยฅ781M
ยฅ739M
ยฅ472M
NCAV โ
ยฅ-1.4B
ยฅ-1.6B
ยฅ-997M
ยฅ-1.0B
ยฅ-1.1B
ยฅ-1.0B
NCAV/Share
โ
ยฅ-193
ยฅ-120
ยฅ-123
ยฅ-132
ยฅ-124
BV/Share
โ
ยฅ208
ยฅ264
ยฅ284
ยฅ302
ยฅ386
Metric
FY 2025
TDnet
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Operating CF
ยฅ123M
ยฅ-55M
ยฅ70M
ยฅ49M
ยฅ446M
ยฅ-743M
Interest Paid
โ
ยฅ-13M
ยฅ-6M
ยฅ-8M
ยฅ-8M
ยฅ-3M
Interest Received
โ
ยฅ4M
ยฅ6M
ยฅ8M
ยฅ10M
ยฅ10M
D&A
ยฅ124M
ยฅ116M
ยฅ117M
ยฅ144M
ยฅ144M
ยฅ183M
Goodwill Amort.
โ
ยฅ14M
ยฅ15M
ยฅ15M
ยฅ96M
ยฅ95M
Investing CF
ยฅ123M
ยฅ-178M
ยฅ-3M
ยฅ-32M
ยฅ-61M
ยฅ-427M
CapEx
ยฅ22M
ยฅ115M
ยฅ28M
ยฅ60M
ยฅ93M
ยฅ112M
Purchase Investments
โ
โ
โ
ยฅ-10M
ยฅ-3M
โ
Financing CF
ยฅ-44M
ยฅ401M
ยฅ-229M
ยฅ-66M
ยฅ-164M
ยฅ636M
Dividends Paid
โ
ยฅ-42M
ยฅ-42M
ยฅ-43M
ยฅ-44M
ยฅ-82M
Share Buybacks
โ
โ
โ
โ
ยฅ-97M
โ
LT Debt Repaid
โ
ยฅ-360M
ยฅ-388M
ยฅ-263M
ยฅ-190M
ยฅ-144M
Free Cash Flow
ยฅ101M
ยฅ-170M
ยฅ43M
ยฅ-11M
ยฅ354M
ยฅ-855M
Net Change in Cash
โ
ยฅ168M
ยฅ-161M
ยฅ-48M
ยฅ222M
ยฅ-534M
Metric
FY 2025
TDnet
FY 2024
EDINET โ
FY 2023
EDINET โ
FY 2022
EDINET โ
FY 2021
EDINET โ
FY 2020
EDINET โ
Return on Equity (ROE) โ
0.3%
-25.3%
-6.3%
-6.5%
-25.7%
-37.2%
Return on Assets (ROA) โ
0.1%
-8.3%
-2.4%
-2.6%
-11.2%
-18.0%
Gross Margin โ
24.1%
20.8%
25.5%
26.3%
27.9%
18.4%
Operating Margin โ
1.4%
-4.1%
0.5%
-0.6%
1.2%
-11.2%
Net Margin โ
0.1%
-7.5%
-2.1%
-2.3%
-10.2%
-18.5%
Current Ratio โ
1.30x
1.19x
1.28x
1.30x
1.35x
1.38x
Quick Ratio โ
1.30x
1.18x
1.26x
1.28x
1.32x
1.33x
Revenue / Share โ
โ
ยฅ677
ยฅ704
ยฅ715
ยฅ773
ยฅ685
BV/Share โ
โ
ยฅ208
ยฅ264
ยฅ284
ยฅ302
ยฅ386
NCAV/Share โ
โ
ยฅ-193
ยฅ-120
ยฅ-123
ยฅ-132
ยฅ-124
EPS โ
ยฅ0.61
ยฅ-52.39
ยฅ-15.23
ยฅ-17.15
ยฅ-79.59
ยฅ-131.16
DPS โ
ยฅ0.00
ยฅ0.00
ยฅ5.00
ยฅ5.00
ยฅ5.00
ยฅ5.00
Payout Ratio โ
0.0%
โ
โ
โ
โ
โ
FCF/Share โ
โ
ยฅ-20.47
ยฅ5.14
ยฅ-1.38
ยฅ43.74
ยฅ-102.63
Market Valuation
Avg daily close price for calendar year ร most recently reported EPS / DPS
Metric
CY2023
CY2024
CY2025
Avg P/E โ
โ
โ
โ
Avg Div Yield โ
1.35%
DPS from 2023-03
1.57%
DPS from 2024-03
0.00%
DPS from 2025-03
Avg Daily Close
ยฅ371
ยฅ318
ยฅ236
Growth Rates (CAGR)
Metric
3yr CAGR (FY2022โ2025)
5yr CAGR (FY2020โ2025)
Stock Price
-15.2%
โ
Sales
-1.9%
-0.3%
FCF/Share
โ
โ
EPS
โ
โ
DPS
-100.0%
-100.0%
BV/Share
-11.7%
โ
NCAV/Share
โ
โ
Market Segment: Standard
Last Updated: 2025-06-17
Status:
Disclosed
We disclose our response policy toward the realization of management conscious of capital cost and stock price for achieving sustainable growth and medium- to long-term enhancement of corporate value through our website.
Please refer to the earnings briefing materials.
https://www.johnan.co.jp/ir/index.html
Capital Allocation Signals 1
Date
Type
Amount
Summary
2026-04-27
16:30
Special Div
ยฅ58M ยฅ7.0/sh
Jonan Shingaku (4720) announced a dividend of ยฅ7.00 per share for FY2026 (base date: March 31, 2026), comprising ยฅ5.00 oโฆ
Summary
Jonan Shingaku (4720) announced a dividend of ยฅ7.00 per share for FY2026 (base date: March 31, 2026), comprising ยฅ5.00 ordinary dividend and ยฅ2.00 special commemorative dividend marking the executive restructuring completed in September 2025. Total dividend payout is ยฅ58.18 million, with ex-date June 12, 2026.
Source (JP)
1ๆ ชใใใใฎ้
ๅฝ้ ๏ผๅ00้ญ๏ผๆฎ้้
ๅฝ๏ผๅ00้ญใ่จๅฟต้
ๅฝ๏ผๅ00้ญ๏ผใใใฎใใณใฎ็คพๅ
ไฝๅถใฎๅทๆฐใ่จๅฟตใใ๏ผๆ ชๅฝใใ๏ผๅใฎ่จๅฟต้
ๅฝใๅฎๆฝใใใใจใจใใใใพใใ
ๅฐไฝ้ใฎ้
ๅฝใซ้ขใใใ็ฅใใ
TDnet PDF
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 2
Large Shareholder Reports 14
#
Shareholder
Shares (thou.)
% of Total
1
ๆ้ไผ็คพใทใขใ ใฉ
2,690
2
ไธๆ ๅๅทฑ
977
3
GAKKEN HOLDINGS CO., LTD.
ๆ ชๅผไผ็คพๅญฆ็ ใใผใซใใฃใณใฐใน
400
4
ไธๆ ๅ้
379
5
ๅฑฑๅด ๆ้
379
6
ๆทฑๅ ๅๅญ
320
7
Japan Custody Bank
ๆ ชๅผไผ็คพๆฅๆฌใซในใใใฃ้่ก๏ผไฟก่จ๏ผฅๅฃ๏ผ
280
8
ๅฐๅท ็ฑๆ
220
9
Mizuho Bank
ๆ ชๅผไผ็คพใฟใใป้่ก
192
10
ๆทฑๅ ้ไธ้
120
Domestic Nominees
3.4%
+0.0% vs 2024
Trust bank custodians โ GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
68.3%
+0.0% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2022
2023
2024
2025
้ไผ็คพใทใขใ ใฉ
33.24%
32.36%
32.36%
32.36%
ไธๆ ๅๅทฑ
14.30%
11.75%
11.75%
11.75%
GAKKEN HOLDINGS CO., LTD.
ๅผไผ็คพๅญฆ็ ใใผใซใใฃใณใฐใน
โ
4.81%
4.81%
4.81%
ๅฑฑๅด ๆ้
4.68%
4.56%
4.56%
4.56%
ไธๆ ๅ้
4.68%
4.56%
4.56%
4.56%
ๆทฑๅ ๅๅญ
3.95%
3.85%
3.85%
3.85%
Japan Custody Bank
ๆฅๆฌใซในใใใฃ้่ก
3.46%
3.37%
3.37%
3.37%
ๅฐๅท ็ฑๆ
2.72%
2.65%
2.65%
2.65%
Mizuho Bank
ใฟใใป้่ก
2.37%
2.31%
2.31%
2.31%
ๆทฑๅ ้ไธ้
1.48%
โ
1.40%
1.44%
+0.04%
ๅผไผ็คพ้ฒๅญฆไผใใผใซใใฃใณใฐใน้ๅบซๅฃ
last seen 2023
Exited Top 10
2.37%
1.60%
โ
โ
Concentration (HHI)
โ
1402
1291
1290
1291
4 fiscal years ยท top-10 holders per year ยท >2,500 HHI = high concentration ยท entity-resolved
โ CSV
Portfolio Book Value
ยฅ107M
Holdings
2
Held Company
FY2025
ยฅ107M total
Book Val ยฅM
Shares
105
26,000
2
10,000
M
Portfolio total
107
Book value in ยฅM ยท โ reduced ยท โ increased vs prior year ยท M = mutual holding
ยท Only one fiscal year available
โ CSV
Date Shareholder Stake Event Flag Demands Source
2026-03-23
Mizuhoย Trustย &ย Bankingย Co.,ย Ltd.
6.03%
+1.18%
initial_5pct
Passive
โ
2026-03-16
KATSUMI SHIMOMURA
45.1%
-0.06%
change
Passive
โ
2026-03-11
KATSUMI SHIMOMURA
45.16%
-0.07%
change
Passive
โ
2026-03-09
KATSUMI SHIMOMURA
45.23%
correction
Passive
โ
2026-03-06
KATSUMI SHIMOMURA
45.23%
-0.99%
change
Passive
โ
2026-02-06
Mizuhoย Trustย &ย Bankingย Co.,ย Ltd.
4.85%
-1.54%
change
Passive
โ
2026-02-05
KATSUMI SHIMOMURA
46.22%
-1.02%
change
Passive
โ
2026-01-30
KATSUMI SHIMOMURA
47.24%
+0.81%
correction
Passive
โ
2026-01-23
KATSUMI SHIMOMURA
46.43%
-2.02%
change
Passive
โ
2026-01-09
Mizuhoย Trustย &ย Bankingย Co.,ย Ltd.
6.39%
initial_5pct
Passive
โ
2025-12-26
KATSUMI SHIMOMURA
48.45%
change
Passive
โ
2025-12-26
KATSUMI SHIMOMURA
48.45%
correction
Passive
โ
2025-12-16
KATSUMI SHIMOMURA
49.51%
change
Passive
โ
2025-11-10
Mizuhoย Bank,ย Ltd.
4.22%
change
Passive
โ
Date
Category
Summary
Amount
2026-01-07
๐ค Governance
Shareholder Rights
A major shareholder, Katsumi Shimomura, reduced their shareholding below the 10% threshold. The shareholder's voting rights decreased from 8,820 shares (10.62% of total voting rights) to 8,291 shares (9.98%), as of December 29, 2025, triggering the disclosure requirement under the Financial Instruments and Exchange Act.
โ
โบ
Summary
A major shareholder, Katsumi Shimomura, reduced their shareholding below the 10% threshold. The shareholder's voting rights decreased from 8,820 shares (10.62% of total voting rights) to 8,291 shares (9.98%), as of December 29, 2025, triggering the disclosure requirement under the Financial Instruments and Exchange Act.
Counterparty: ไธๆ ๅๅทฑ (Katsumi Shimomura)
ๅฝ็คพใฎไธป่ฆๆ ชไธปใซ็ฐๅใใใใพใใใฎใงใ้่ๅๅๅๅผๆณ็ฌฌ24ๆกใฎ๏ผ็ฌฌ๏ผ้
ใใใณไผๆฅญๅ
ๅฎน็ญใฎ้็คบใซ้ขใใๅ
้ฃๅบไปค็ฌฌ19ๆก็ฌฌ๏ผ้
็ฌฌ๏ผๅทใฎ่ฆๅฎใซๅบใฅใใๆฌ่จๆๅ ฑๅๆธใๆๅบใใใใฎใงใใใพใใ
โ