No Data
No Data
Progrit: Extraordinary Report
Progrit: Confirmation letter
Progrit: Securities report - 8th term (2023/09/01 - 2024/08/31)
Progrit Research Memo (10): Implementing the first dividends in the August 2024 period, aiming for a dividend payout ratio of 30% in the near future.
■ProgLit <9560> announced in July 2024 that it will pay its first year-end dividend in the fiscal year ending August 2024 as part of its shareholder returns strategy. Up to now, in the growth phase, the company has focused on strengthening internal reserves to aim for further business expansion, believing that this leads to the maximum benefit return for shareholders, and has been deferring the payment of dividends. However, with the favorable performance of the fiscal year ending August 2024 and the anticipation of stable business growth in the future, the company aims to continue investing in growth while seeking further enhancement of corporate value.
Progrit Research Memo (9): Aim to achieve around 30% growth in sales and profits every quarter, towards further growth.
■Regarding the future outlook of Progrit <9560>. 2. Future growth strategy The company has clarified its future growth strategy once again with the announcement of the earnings reports for the August 2024 period. It has highlighted key initiatives in three specific areas: "English coaching services," "subscription services," and "M&A." Through the implementation of these initiatives, it aims to achieve approximately 30% growth in both sales and profits every quarter, with a focus on transitioning to the Tokyo Stock Exchange main board market. (1) English coaching services a) Strengthening branding.
Progreet Research Memo (7): Thanks to strong performance, the operating cash flow has reached the milestone of 1 billion yen.
■Progress performance 2. Financial condition and management indicators In August 2024 at the end of the term, the total assets increased by 1258 million yen compared to the previous period and reached 3886 million yen. Current assets increased by 1066 million yen in cash and deposits, resulting in an increase of 1161 million yen to 3293 million yen. Fixed assets increased by 96 million yen to 593 million yen due to an increase in buildings and security deposits. Total liabilities increased by 554 million yen to 2089 million yen. Current liabilities are
No Data
No Data