Meiko Network Japan Co., Ltd. logo

Meiko Network Japan Co., Ltd.

4668.T

JPXConsumer DefensiveEducation & Training Services

Latest quote

¥785

+¥9.00 · +1.16%

Aug 24, 11:30 AM JST

4668.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in Tokyo, Japan in 1984, Meiko Network Japan Co., Ltd., formerly Meiko Gijuku Corporation until its renaming in December 1986, operates as a comprehensive provider of educational services across Japan. The company's core offerings include personalized tutoring cram schools, which support students from elementary grades through university entrance exam preparation, delivered both directly and via a franchise model. Furthermore, Meiko manages soccer schools for children ranging from preschool to junior high age, alongside extended-hours cram schools for elementary students that double as after-school care. They also provide specialized individual instruction for high-achieving students aiming for prestigious and competitive academic institutions. Beyond these core programs, Meiko Network Japan extends its educational footprint through a Japanese language school, an individual English school led by bilingual instructors, an immersive all-English after-school service, and programming schools. The company also ventures into recruitment services for Japanese nationals and employment assistance for foreign residents. Additionally, it engages in the production and sale of various learning materials and publications. As of February 28, 2021, the company boasted a significant operational scale with 1,809 classrooms.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
JP
CEO
Kotaro Okamoto
Listed since
Aug 6, 2003
Employees
1,208

Market position

Day range

Current ¥785

52-week range

Current ¥785

Open
¥778
Previous close
¥776
Volume
197.2K
2.59× average
Average volume
76.23K
Average daily volume
Market cap
19.99B JPY
Beta
0
Market reference 1
50-day average
¥736.9
+6.53% above average
200-day average
¥714.02
+9.94% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
9.7B JPY
P/E (TTM)
13.98×
P/B (TTM)
1.64×
P/S (TTM)
0.78×
EV / EBITDA
4.99×
Earnings yield
9.18%
Free cash flow yield
7.02%
Dividend yield
3.57%

Profitability & efficiency

Gross margin
24.29%
Operating margin
5.48%
Net margin
5.51%
Return on equity
13.72%
Return on assets
9.02%
Return on invested capital
8.27%

Financial health

Debt / equity
Current ratio
2.22×
Altman Z-score
5.18
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%19%10%-0%Gross margin, FY2021: 26.93%Gross margin, FY2022: 25.65%Gross margin, FY2023: 24.21%Gross margin, FY2024: 23.32%Gross margin, FY2025: 25.32%Operating margin, FY2021: 5.09%Operating margin, FY2022: 5.94%Operating margin, FY2023: 5.10%Operating margin, FY2024: 4.47%Operating margin, FY2025: 6.81%Net margin, FY2021: 5.99%Net margin, FY2022: 4.95%Net margin, FY2023: 3.88%Net margin, FY2024: 2.17%Net margin, FY2025: 6.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.93%. Gross margin FY2022 25.65%. Gross margin FY2023 24.21%. Gross margin FY2024 23.32%. Gross margin FY2025 25.32%. Operating margin FY2021 5.09%. Operating margin FY2022 5.94%. Operating margin FY2023 5.10%. Operating margin FY2024 4.47%. Operating margin FY2025 6.81%. Net margin FY2021 5.99%. Net margin FY2022 4.95%. Net margin FY2023 3.88%. Net margin FY2024 2.17%. Net margin FY2025 6.96%.

Income trends

Revenue

24.83B JPY+9.96%

Operating income

1.69B JPY+67.43%

Net income

1.73B JPY+253.17%
Income trends across reported periods27.26B JPY17.53B JPY7.79B JPY−1.94B JPYRevenue, FY2021: 19.04B JPYRevenue, FY2022: 19.67B JPYRevenue, FY2023: 20.87B JPYRevenue, FY2024: 22.58B JPYRevenue, FY2025: 24.83B JPYOperating income, FY2021: 969M JPYOperating income, FY2022: 1.17B JPYOperating income, FY2023: 1.06B JPYOperating income, FY2024: 1.01B JPYOperating income, FY2025: 1.69B JPYNet income, FY2021: 1.14B JPYNet income, FY2022: 974M JPYNet income, FY2023: 809M JPYNet income, FY2024: 489M JPYNet income, FY2025: 1.73B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 19.04B JPY. Revenue FY2022 19.67B JPY. Revenue FY2023 20.87B JPY. Revenue FY2024 22.58B JPY. Revenue FY2025 24.83B JPY. Operating income FY2021 969M JPY. Operating income FY2022 1.17B JPY. Operating income FY2023 1.06B JPY. Operating income FY2024 1.01B JPY. Operating income FY2025 1.69B JPY. Net income FY2021 1.14B JPY. Net income FY2022 974M JPY. Net income FY2023 809M JPY. Net income FY2024 489M JPY. Net income FY2025 1.73B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue24.83B JPY22.58B JPY20.87B JPY19.67B JPY19.04B JPY
Cost of goods sold18.54B JPY17.31B JPY15.82B JPY14.63B JPY13.91B JPY
Gross profit6.29B JPY5.27B JPY5.05B JPY5.05B JPY5.13B JPY
Selling, general, and administrative1.85B JPY1.73B JPY3.8B JPY1.91B JPY2.3B JPY
Operating expenses4.6B JPY4.26B JPY3.98B JPY3.87B JPY4.15B JPY
Interest income17M JPY10M JPY11M JPY10M JPY13M JPY
Interest expense1M JPY
Depreciation and amortization248M JPY376M JPY322M JPY254M JPY241M JPY
Operating income1.69B JPY1.01B JPY1.06B JPY1.17B JPY969M JPY
Net income1.73B JPY489M JPY809M JPY974M JPY1.14B JPY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-21.2

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates43.9520.62-2.7-26.03Q4 '24Q1 '25Q2 '25Q3 '25Q3 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 10, 2024: actual 16.9, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Jan 8, 2025: actual 12.61, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 9, 2025: actual 27.38, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 9, 2025: actual -10.69, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 31, 2025: actual 39.12, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 14, 2026: actual 13.31, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 10, 2026: actual 24.88, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 14, 2026: actual -21.2, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8B6.93B5.86B4.79BQ1 '25MissQ2 '25BeatQ3 '25MissQ3 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 8, 2025: actual 5.7B JPY, estimate 6.42B JPY, surprise -11.25%, Miss. Q2 2025, reported Apr 9, 2025: actual 6.53B JPY, estimate 5.1B JPY, surprise +28.12%, Beat. Q3 2025, reported Jul 9, 2025: actual 5.35B JPY, estimate 7.15B JPY, surprise -25.20%, Miss. Q3 2025, reported Aug 31, 2025: actual 7.25B JPY, estimate 7.32B JPY, surprise -1.02%, Miss. Q1 2026, reported Jan 14, 2026: actual 6.03B JPY, estimate 5.92B JPY, surprise +1.81%, Beat. Q2 2026, reported Apr 10, 2026: actual 6.87B JPY, estimate 6.92B JPY, surprise -0.72%, Miss. Q3 2026, reported Jul 14, 2026: actual 5.61B JPY, estimate 5.63B JPY, surprise -0.39%, Miss. Q4 2026, reported Oct 14, 2026: actual —, estimate 7.69B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥27.00

2025 complete year+80.0% since 2021

2026 partial: ¥14.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

¥15.00

Semi-Annual

Record Aug 31, 2026 · Payment Aug 28, 2026

Dividend

Ex-dividend Feb 26, 2026

¥14.00

Semi-Annual

Record Feb 28, 2026 · Payment May 8, 2026

Dividend

Ex-dividend Aug 28, 2025

¥14.00

Semi-Annual

Record Aug 31, 2025 · Payment Nov 25, 2025

Dividend

Ex-dividend Feb 27, 2025

¥13.00

Semi-Annual

Record Feb 28, 2025 · Payment May 8, 2025

Dividend

Ex-dividend Aug 29, 2024

¥12.00

Annual

Record Aug 31, 2024 · Payment Nov 18, 2024

Dividend

Ex-dividend Feb 28, 2024

¥22.00

Special

Record Feb 29, 2024 · Payment May 8, 2024

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