Services · Fiscal year end May 31

WASEDA GAKUSHUKENKYUKAI CO.,LTD.

5869

株式会社早稲田学習研究会

FIGI BBG001CQ5W195869.T5869 JPCorp. no. 8070001020347

Latest half-year results

First half · fiscal year to 2026-05 · filed 2025-11-14

For the first half of the fiscal year to 2026-05: Revenue ¥3.2 billion (+2.9% YoY), Ordinary income ¥0.4 billion (-0.9% YoY), Net income ¥0.3 billion (-4.0% YoY).

	This period	Year on year
Revenue	¥3.2bn	+2.9%
Ordinary profit	¥421m	-0.9%
Net profit to owners	¥287m	-4.0%

From the securities report on EDINET, which states no forecast. History via /v1/companies/5869/earnings-releases.

Financials

Japan GAAP · non-consolidated · fiscal year to 2026-05-31

Revenue: ¥8.0bn
Net income: ¥920m
ROE: 12.9%
Equity ratio: 77.9%
Dividend / share: ¥62
Employees: 401

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-05-31	¥7,951m	¥920m	¥9,340m	¥7,280m	12.9%	¥91.48	¥858m
2025-05-31	¥6,987m	¥1,039m	¥9,314m	¥7,014m	15.0%	¥102.37	¥1,260m
2024-05-31	¥6,463m	¥1,073m	¥8,975m	¥6,812m	16.9%	¥106.23	¥1,018m
2023-05-31	¥6,110m	¥838m	¥8,245m	¥5,857m	15.1%	¥83.31	¥1,138m
2022-05-31	¥5,889m	¥831m	¥7,498m	¥5,268m	16.7%	¥82.6	¥654m

Indicators

Computed by us from filings · fiscal year to 2026-05-31

Metric	Value	Percentile among listed companies
ROE, %	12.9	71.4
Ordinary margin	0.1667	85.4
Equity ratio, %	77.9	87.4
Revenue growth	0.138	77.9
Net income growth	-0.1145	27.4
Operating cash flow / assets	0.0919	68.4

Policy-uncertainty measure0.48 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Politics & geopolitics 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change −9.79pt in 90 days; 0.0% held by other listed companies.

Results wording balance: +0.20. Proprietary text method; it describes the wording only and does not interpret context.

Via /v1/companies/5869/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-08-26: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断しました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Latest voting result: 2026-08-27 · 取締役(監査等委員である取締役を除く。)7名選任の件 · passed. /v1/companies/5869/voting

Ownership changes

All companies →

2026-11-02

Decrease−9.79pt

individual filer reduced holdings in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) to 51.80% from 61.59%.

S100ZAP5Original filing (PDF, Japanese)
2025-11-07

Amendment0.00pt

individual filer filed a correction to a 5% report on WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869).

S100X018Original filing (PDF, Japanese)
2025-11-04

Decrease−5.01pt

individual filer reduced holdings in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) to 61.59% from 66.60%.

S100WXYBOriginal filing (PDF, Japanese)
2024-01-25

Decrease−5.01pt

individual filer reduced holdings in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) to 61.59% from 66.60%.

S100SNOKOriginal filing (PDF, Japanese)
2023-12-27

New 5% stake

individual filer disclosed a 66.60% stake in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869), crossing the 5% reporting threshold.

S100SI2WOriginal filing (PDF, Japanese)
2023-12-27

Threshold

Holdings of individual filer in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) moved above 10% (new -> 66.60%).

S100SI2WOriginal filing (PDF, Japanese)
2023-12-27

Threshold

Holdings of individual filer in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) moved above 20% (new -> 66.60%).

S100SI2WOriginal filing (PDF, Japanese)
2023-12-27

Threshold

Holdings of individual filer in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) moved above 33.4% (new -> 66.60%).

S100SI2WOriginal filing (PDF, Japanese)
2023-12-27

Threshold

Holdings of individual filer in WASEDA GAKUSHUKENKYUKAI CO.,LTD. (5869) moved above 50% (new -> 66.60%).

S100SI2WOriginal filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
individual filer	2023-12-22 – 2026-10-27	-4,772,100	−46.72pt	¥975.51	¥892–1,289

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/5869/trades.

5% filings

Large shareholding reports on 5869

Filed	Filer	Stake	Change	Stated purpose
2026-11-02	individual filer	51.80%	−9.79pt	—
2025-11-07	individual filer	61.59%	0.00pt	—
2025-11-04	individual filer	61.59%	−5.01pt	—
2024-01-25	individual filer	61.59%	−5.01pt	—
2023-12-27	individual filer	66.60%	—	—

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 3 issues
Book value: ¥79m
Sold in the year: — — issues
Bought in the year: ¥92m 1 issues
Mutual, both reports: 0
Held by listed cos.: 0

Purposes, all holdings and mutual flags via /v1/companies/5869/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-05-31

Shareholder	Shares	Ratio
株式会社ＹＭＭ（注）	4,535,000	44.93%
individual holder	1,754,150	17.38%
individual holder	115,000	1.14%
ワセダ従業員持株会	82,759	0.82%
individual holder	72,900	0.72%
individual holder	23,300	0.23%
individual holder	20,000	0.20%
individual holder	20,000	0.20%
individual holder	20,000	0.20%
individual holder	20,000	0.20%

Get this as JSON

GET /v1/companies/5869
GET /v1/companies/5869/financials
GET /v1/companies/5869/details
GET /v1/companies/5869/segments
GET /v1/companies/5869/voting
GET /v1/companies/5869/tender-offers
GET /v1/companies/5869/indicators
GET /v1/companies/5869/earnings-releases
GET /v1/events?ticker=5869
GET /v1/companies/5869/trades         
GET /v1/companies/5869/cross-holdings 
GET /v1/companies/5869/brief

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