Institution for a Global Society (4265) Q2 2025 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2024, was ¥262.7 million, up 2.6% year-over-year, but the company posted an operating loss of ¥183.5 million and a net loss attributable to shareholders of ¥186.4 million, both slightly worse than the prior year.

• HR business saw a significant decline in sales and shifted from profit to loss, while the education segment grew in both sales and profit; the new Platform/Web3 segment generated sales for the first time but remained loss-making.

• Cash and cash equivalents decreased by ¥57.1 million during the period, ending at ¥574.5 million.

Financial highlights

• Operating loss was ¥183.5 million (vs. ¥181.8 million loss year-over-year); net loss attributable to shareholders was ¥186.4 million (vs. ¥180.1 million loss year-over-year).

• Gross margin was ¥55.2 million on sales of ¥262.7 million.

• Total assets at period-end were ¥1,002.0 million, down from ¥1,092.3 million at the previous fiscal year-end.

• Equity ratio remained high at 85.2%.

Outlook and guidance

• Full-year guidance remains unchanged: revenue of ¥1,050 million (+14.6% YoY), operating profit of ¥37 million, and net profit of ¥35 million (EPS ¥7.90).

• No dividend is planned for the fiscal year.