Financial Results Presentation for Q3, Fiscal Year Ending December 2021

November 2021

KIYO Learning Co., Ltd.

Mothers (Tokyo Stock Exchange): 7353

© KIYO Learning Co., Ltd. All rights reserved.

Contents

Financial Results Presentation for Q3, Fiscal Year Ending December 2021

KPIs and Topics by Business

AI and Intellectual Property Strategy

Impact of COVID-19

2

Financial Results Presentation for Q3, Fiscal Year Ending December 2021

3

FY2021 Q3 Performance Highlights

  • Performance trends well in FY2021 Q3

Net sales increased +55% year on year; operating income trended well, swinging to positive figures.

  • Net sales continued high growth

Sales of 1.69 billion yen (up 601 million yen year on year), showing continued high growth.

  • Operating income swung to positive territory for Q3

Operating income was 73 million yen, and 145 million yen for stand-alone Q3 (July-September).

  • Studying Business continues strong performance

Net cash-based sales for the Studying Business increased 37% year on year to 1.81 billion yen New paid members increased by 28% year on year to 37,742

  • Corporate Education Business also grew steadily

Net sales in the Corporate Education Business increased 33% year on year to 1.0 billion yen

Contracted companies with AirCourse increased 57% versus the end of the previous fiscal year, reaching 187 companies (+68 companies)

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

KIYO Learning Co. Ltd. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 November 2021 07:06:23 UTC.