Under supervision (confirmation) · Designated 2026-10-13 JPX notice
Overview
Services

RISO KYOIKU GROUP CORPORATION

Riso Kyoiku Group operates a portfolio of premium private tutoring and educational services centered on its flagship 'TOMAS' brand, which provides fully individualized one-on-one instruction (one student, one teacher, one room with whiteboard) focused on university entrance exam preparation, primarily in the Greater Tokyo metropolitan area (Tokyo and three surrounding prefectures). The Group also offers specialized services including medical school entrance preparation ('Medic TOMAS'), elite junior high school and university preparatory tutoring ('Spec TOMAS'), prestigious kindergarten and elementary school exam preparation ('Shingakai'), home tutoring by professional adult instructors ('Meimonkai'), in-school tutoring booths ('School TOMAS'), and character/enrichment education programs ('PlusOne Kyoiku'). Operating on a direct-management basis across multiple brands, the Group serves students from early childhood through university-entrance-age across academic, extracurricular, and online formats.

Market Cap
¥50.1B
US$319M
EV
¥43.8B
US$279M
Stock¥294▲+0.00%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
10.3
x
LTM EV/EBIT
12.2
x
LTM PER
25.4
x
LTM PBR
4.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+18.3%pt
1001
Oct 22, 25 – Oct 22, 26StockTOPIX
1Oct 14, 26Q2 FY2027/02 earnings announced
MC → EV Bridge
50.1BUS$319MMarket Cap0.01BUS$0.05M+ Debt6.29BUS$40.0M− Cash0.08BUS$0.51M− Inv. Sec.43.8BUS$279MEV
AI Briefing
Hulic's TOB for RISO Kyoiku Group at ¥295/share is the story—board-agreed, running Oct 14–Nov 26, targeting full ownership of the premium 1-on-1 tutoring operator (TOMAS, Medic TOMAS, Shingakai, Meimonkai). FY26/2 revenue ¥34.2B but OP slipped to ¥2.7B (7.9% margin) from ¥2.9B prior year, even as Hulic already holds 50.94% pre-offer. Deal framed around group synergies, mid-term plan support and delisting cost savings rather than a standalone re-rating story.
Performance & Balance
Revenue 5Y (¥B)
30.0US$191M'22/231.5US$200M'23/232.2US$205M'24/233.4US$213M'25/234.2US$218M'26/2
EBITDA 5Y (¥B)
3.41US$21.7M'22/22.83US$18.0M'23/23.12US$19.9M'24/23.44US$21.9M'25/23.35US$21.3M'26/2
Net Income 5Y (¥B)
2.43US$15.5M'22/21.49US$9.50M'23/21.66US$10.6M'24/21.74US$11.1M'25/21.62US$10.3M'26/2
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
8.12US$51.7M0.00US$0.01M'22/27.42US$47.3M'23/25.66US$36.0M'24/29.04US$57.5M0.01US$0.08M'25/28.16US$52.0M0.01US$0.05M'26/2
Shareholders
Top 10 hold 67.3%
1
Hulic Co.,Ltd.
50.94%
2
Surugadai Gakuen (Educational Corporation)
6.05%
3
The Master Trust Bank of Japan, Ltd. (Trust Account)
3.64%
4
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
2.31%
5
Ueda Yagi Tanshi Co., Ltd.
0.93%
6
RISO KYOIKU GROUP CORPORATION Employee Stock Ownership Association
0.90%
7
Custody Bank of Japan, Ltd. (Trust Account)
0.75%
8
SBI SECURITIES Co., Ltd.
0.61%
9
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
0.59%
10
Yosuke YUKI
0.58%
Management
11 officers
Masahiko TENBO
President and Representative Director
Mar 1995 Joined the Company Nov 2004 Manager, Educational Planning Division, the Company Sep 2005 Manager, Secretarial Office, Corporate Planning Headquarters, the Company Sep 2012 Deputy General Manager, Secretarial Office, Corporate Planning Headquarters, the Company Mar 2014 Deputy General Manager, Secretarial Office, Corporate Planning Headquarters, and Deputy General Manager, Management Planning Division, the Company May 2014 Director, General Manager, Management Planning Division; Head of Secretarial Office, Corporate Planning Headquarters, the Company Sep 2014 Director, General Manager, Management Planning Division; General Manager, General Planning Department, the Company May 2015 Senior Managing Director, the Company Sep 2015 Representative Director, Senior Managing Director, the Company Oct 2015 Representative Director, President, the Company Sep 2017 Representative Director, Chairman, Meimonkai Co., Ltd. Jul 2019 Representative Director, Vice Chairman, the Company Sep 2019 Representative Director, President, Sundai TOMAS Co., Ltd. Aug 2020 Representative Director, President, Kokokara T Chars Co., Ltd. Dec 2020 Representative Director, President, Plus One Education Co., Ltd. Jan 2022 Representative Director, President, the Company (current) Mar 2025 Chairman, TOMAS Co., Ltd. (current)
1964-11-02
Masaaki KUME
Vice President and Director
Apr 1975 Joined Kyowa Bank, Ltd. (now Resona Bank, Ltd.) Jun 1986 Joined Shinnihon Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Apr 2000 General Manager, Corporate Business Department II, Shinko Securities Co., Ltd. (merger of Shinnihon Securities and Wako Securities) Jun 2003 Executive Officer, General Manager, Corporate Finance Department, Shinko Securities Co., Ltd. Apr 2005 Managing Executive Officer, Shinko Securities Co., Ltd. Apr 2006 Senior Managing Executive Officer, Shinko Securities Co., Ltd. Jun 2007 Director, Senior Managing Executive Officer, Shinko Securities Co., Ltd. May 2009 Managing Director, Managing Executive Officer, Mizuho Securities Co., Ltd. Jan 2011 Advisor, the Company Jun 2011 Resigned as Advisor, the Company Jun 2011 Vice Chairman, Sales Division, Deutsche Securities Inc. Mar 2017 Executive Officer, CFO, the Company Apr 2017 Representative Director, President, Resor Welfare Co., Ltd. (current) May 2017 Director, Vice President, CFO, the Company (current) May 2019 Director in charge of Administration Division, the Company (current) May 2022 Representative Director, President, Kokokara T Chars Co., Ltd. (current) May 2024 Corporate Auditor, Sundai TOMAS Co., Ltd. (current) Mar 2025 Corporate Auditor, TOMAS Co., Ltd. (current)
1953-02-28
Shinya UEDA
Senior Managing Director
Jan 1996 Joined the Company Jan 2009 General Manager, Educational Planning Division, Riso Kyoiku Co., Ltd. Sep 2009 Deputy General Manager, Educational Planning Division, Riso Kyoiku Co., Ltd. Mar 2011 General Manager, Educational Planning Division, Riso Kyoiku Co., Ltd. May 2013 Director, General Manager, Educational Planning Division, Riso Kyoiku Co., Ltd. Oct 2013 Representative Director, President, TOMAS Kikaku Co., Ltd. May 2015 Director, the Company May 2016 Representative Director, Managing Director, the Company; Representative Director, President, School TOMAS Co., Ltd. Jan 2020 Representative Director, Senior Managing Director, the Company May 2022 Director, Vice Chairman, Plus One Education Co., Ltd. May 2023 Director, Vice Chairman, Meimonkai Co., Ltd. May 2025 Senior Managing Director, the Company (current) May 2025 Director, Chairman, Meimonkai Co., Ltd. (current) May 2025 Director, Chairman, School TOMAS Co., Ltd. (current) May 2025 Director, Chairman, Plus One Education Co., Ltd. (current) Mar 2026 Director, Chairman, Shinga-kai Co., Ltd. (current)
1956-12-17
Saburo NISHIURA
Director (Non-Executive)
May 1993 Branch Manager, Meguro Branch, Fuji Bank, Ltd. May 1995 Branch Manager, Sukiyabashi Branch, Fuji Bank, Ltd. Jun 1998 Director, General Manager, Corporate Development Department, Fuji Bank, Ltd. May 1999 Director, General Manager, Sales Department I, Fuji Bank, Ltd. Aug 2000 Managing Executive Officer, Corporate Group Leader and General Manager, Corporate Development Department, Fuji Bank, Ltd. Apr 2002 Managing Executive Officer, Mizuho Bank, Ltd. Apr 2004 Deputy President and Director, Mizuho Bank, Ltd. Mar 2006 Joined Hulic Co., Ltd.; Representative Director, President Mar 2016 Representative Director, Chairman, Hulic Co., Ltd. (current) May 2022 Director (Non-Executive), the Company (current)
1948-06-10
Toshiro SATO
Outside Director
Apr 1998 Registered as Certified Public Accountant Jan 2005 Representative Director, Director of Research Institute, Owner Enterprise Comprehensive Research Institute Co., Ltd. (now Yamada Consulting Group Co., Ltd.) Mar 2005 Registered as Certified Tax Accountant Jun 2007 Director, TFP Consulting Group Co., Ltd. (now Yamada Consulting Group Co., Ltd.) Mar 2009 Managing Partner, K.T.Two Certified Tax Accountant Corporation (current) May 2014 Outside Director, the Company (current) Jun 2016 Vice Chairman, Kanagawa Chapter, Japanese Institute of Certified Public Accountants Jul 2019 Managing Director, Japanese Institute of Certified Public Accountants Jun 2022 Outside Director (Audit and Supervisory Committee Member), Class Technology Co., Ltd. Apr 2024 Practitioner Lecturer, Accounting Professional Graduate School, Kumamoto Gakuen University (current) Jun 2024 Outside Corporate Auditor, Kumamoto Hotel Castle Co., Ltd. (current) Jun 2024 Outside Corporate Auditor, Class Technology Co., Ltd. (current) Sep 2024 Audit & Supervisory Board Member, Kumamoto University (current)
1967-10-10
Toru KONISHI
Outside Director
Sep 2008 Registered as Attorney-at-Law (Tokyo Bar Association) Sep 2008 Joined Kasumi Sogo Law Office Feb 2015 Opened Meguro-Shirokane Law Office May 2016 Outside Director, the Company (current)
1978-12-02
Maiko ONODA
Outside Director
Feb 1983 Began career as entertainer Apr 2016 Enrolled in Doctoral Program, Graduate School of Waseda University Jun 2017 Representative Director, Light Staff Co., Ltd. (current) Jan 2019 Fellow, exa Wizards Inc. Oct 2021 Representative Director, My Company Inc. (current) Dec 2021 Outside Director, Tasuki Co., Ltd. (now Tasuki Holdings Co., Ltd.) (current) May 2022 Outside Director, the Company (current) Apr 2025 Professor, Joho Keiei Innovation Professional University (current) Apr 2025 Visiting Professor, Senzoku Gakuen College of Music (current) Jun 2025 Outside Director, Hachijuni Nagano Bank, Ltd. (current) Dec 2025 Visiting Professor, Tokyo Women's Medical University (current)
1964-08-18
Kazunori NOTO
Standing Corporate Auditor
Oct 1987 Joined Shinnihon Securities Co., Ltd. (now Mizuho Securities Co., Ltd.) Apr 2000 Representative Director, Sangyo Sohatsu Kenkyujo Co., Ltd. Sep 2014 Joined Meimonkai Co., Ltd. as Director, General Manager May 2016 Director in charge of Compliance, the Company May 2020 Senior Executive Officer in charge of Compliance, the Company May 2022 Standing Corporate Auditor, the Company (current)
1957-10-13
Yoshiyuki OMOTE
Standing Corporate Auditor
Jan 1997 Joined the Company Mar 2016 Manager, Educational Planning Division, the Company Jul 2016 Contract Employee, the Company May 2020 Standing Corporate Auditor, the Company (current)
1951-06-29
Yuki SUSUMU (formerly HIRASHIMA)
Outside Corporate Auditor
Jan 2014 Registered as Attorney-at-Law Jan 2016 Joined Astel Law Office (now Astel Law Office LPC) Apr 2020 Assistant Professor, Graduate School of Law, Keio University Feb 2021 Outside Corporate Auditor, nfa Co., Ltd. Mar 2022 Outside Director, Rental Busters Co., Ltd. May 2023 Outside Corporate Auditor, the Company (current) Apr 2024 Partner, Masuda Partners Law Office (current) Mar 2025 Outside Director, Office Busters Co., Ltd. (current)
1981-09-27
Toshihiko SHIBUSA
Outside Corporate Auditor
Oct 2003 Joined ShinNihon Ernst & Young LLC (now EY ShinNihon LLC) Sep 2008 Established Toranomon Audit LLC; Chairman and Managing Partner (current) Jul 2011 Representative Director, Toranomon Kaikei Co., Ltd. (current) Apr 2019 Representative Director, President, Soma Gas Holdings Co., Ltd. (now Greejon Co., Ltd.) (current) Jul 2021 Established Biomass Resin Fukushima Co., Ltd. (now Rice Resin Co., Ltd.); Representative Director, CEO/CFO (current) Jul 2022 Managing Director, Japanese Institute of Certified Public Accountants (current) Dec 2023 Auditor, General Incorporated Association for Generative AI Promotion (current) May 2024 Director, General Incorporated Association Sustainability Management & Assurance Organization (current) Jan 2025 Director, General Incorporated Association M&A Support Organization (current) May 2025 Outside Corporate Auditor, the Company (current)
1981-12-22
Large Shareholding Reports
Hulic Co., Ltd.
2026-10-16
50.57%→50.57%
Annual report (as of 2026-08-31): 50.94%
Disclosures
Tender Offer
2026-10-13
Tender Offer
2026-10-13
Tender Offer
2026-10-13
Primary Source Filings
EDINET
2026-10-16
Large Shareholding Report
EDINET
2026-10-14
公開買付届出書
EDINET
2026-10-14
Semi-Annual Securities Report
Period: Mar 2026 – Feb 2027
EDINET
2026-10-14
意見表明報告書
TDnet
2026-10-13
Tender Offer
TDnet
2026-10-13
Tender Offer
TDnet
2026-10-13
Q2 Earnings Flash
FY ending Feb 2027
TDnet
2026-10-13
Tender Offer
TDnet
2026-07-10
Q1 Earnings Flash
FY ending Feb 2027
EDINET
2026-05-21
Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2026-01-09
Q3 Earnings Flash
FY ending Feb 2026
EDINET
2025-10-10
Semi-Annual Securities Report
Period: Mar 2025 – Feb 2026
TDnet
2025-07-11
Q1 Earnings Flash
FY ending Feb 2026
EDINET
2025-05-26
Annual Securities Report
Period: Mar 2024 – Feb 2025
TDnet
2025-01-10
Q3 Earnings Flash
FY ending Feb 2025
EDINET
2024-10-10
Semi-Annual Securities Report
Period: Mar 2024 – Feb 2025
EDINET
2024-07-16
Quarterly Securities Report
Period: Mar 2024 – May 2024
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Jun 2022 – Aug 2022
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Mar 2021 – May 2021
EDINETAmended
2024-07-12
Amended Annual Securities Report
Period: Mar 2021 – Feb 2022
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Mar 2022 – May 2022
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Sep 2022 – Nov 2022
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Jun 2021 – Aug 2021
EDINETAmended
2024-07-12
Amended Annual Securities Report
Period: Mar 2022 – Feb 2023
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Mar 2023 – May 2023
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Sep 2023 – Nov 2023
EDINETAmended
2024-07-12
Amended Annual Securities Report
Period: Mar 2023 – Feb 2024
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Jun 2023 – Aug 2023
EDINETAmended
2024-07-12
Amended Annual Securities Report
Period: Mar 2020 – Feb 2021
EDINETAmended
2024-07-12
Amended Quarterly Securities Report
Period: Sep 2021 – Nov 2021
Ask AI
I have this company's financials, ownership, and management on hand. Ask me anything from an M&A perspective.
End of Preview

Try the full product

Free demo (no time limit, up to 10 companies). Explore Comps, DCF, LBO, WACC on every screen. Excel export is on the paid plan.

Free Demo (No Time Limit, 10 Companies) →