Initiation of Research Coverage on 'PROGRIT', Continuing 20%+ Growth for 3 Consecutive Terms Since Listing in the English Learning Market | Next-Gen Equity Research 'ENVALITH'
ENVALITH Inc. has initiated multilingual research coverage of PROGRIT Inc., distributing an earnings preview report. The platform aims to deliver neutral analysis to global investors and revitalize the Japanese capital market.
📋 Article Processing Timeline
- 📰 Published: April 8, 2026 at 00:36
- 🔍 Collected: April 7, 2026 at 16:00
- 🤖 AI Analyzed: April 20, 2026 at 19:55 (315h 55m after Collected)
ENVALITH Inc. (Headquarters: Shibuya-ku, Tokyo; President and CEO: Koichi Kawai; hereinafter 'the Company'), which operates a next-generation equity research platform, announces the initiation of research coverage on PROGRIT Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Shogo Okada; Securities Code: 9560; hereinafter 'PROGRIT'). Upon initiating coverage, we have distributed the earnings preview report for the second quarter of the fiscal year ending August 2026 today.
Next-Generation Equity Research 'ENVALITH'
This is a next-generation equity research platform that delivers the corporate value of listed companies to domestic and foreign institutional and individual investors in three languages: Japanese, English, and Chinese.
- Breaking reports immediately after earnings announcements: We conduct multifaceted analysis immediately after earnings announcements and briefings, and disseminate objective and neutral research and analysis from our independent perspective to the world in Japanese, English, and Chinese.
- Global and direct distribution network: We conduct multifaceted distribution, covering terminals for global financial institutions such as Bloomberg, FactSet, Factiva, and AlphaSense globally, and Kabutan, IFIS, QUICK, and SNS domestically.
Comments from Koichi Kawai, President and CEO, Head of Global Investment Research Division
Since our founding in 2016, we are very pleased to be able to start research coverage of PROGRIT, the only listed company in the English coaching industry, which has continued sales growth of over 20% for three consecutive periods since its listing.
Currently, the company is establishing a dual-axis growth model of coaching and subscriptions, with paying members of its subscription-type learning service 'Shadoten' exceeding 10,000, in addition to its flagship English coaching service 'PROGRIT'. In this term's financial results, we will conduct a multifaceted analysis from an analyst's perspective on how this growth model is reflected in the earnings structure.
ENVALITH will contribute to the revitalization of the Japanese capital market by delivering the value of companies in such growth phases to global investors in Japanese, English, and Chinese.
Next-Generation Equity Research 'ENVALITH'
This is a next-generation equity research platform that delivers the corporate value of listed companies to domestic and foreign institutional and individual investors in three languages: Japanese, English, and Chinese.
- Breaking reports immediately after earnings announcements: We conduct multifaceted analysis immediately after earnings announcements and briefings, and disseminate objective and neutral research and analysis from our independent perspective to the world in Japanese, English, and Chinese.
- Global and direct distribution network: We conduct multifaceted distribution, covering terminals for global financial institutions such as Bloomberg, FactSet, Factiva, and AlphaSense globally, and Kabutan, IFIS, QUICK, and SNS domestically.
Comments from Koichi Kawai, President and CEO, Head of Global Investment Research Division
Since our founding in 2016, we are very pleased to be able to start research coverage of PROGRIT, the only listed company in the English coaching industry, which has continued sales growth of over 20% for three consecutive periods since its listing.
Currently, the company is establishing a dual-axis growth model of coaching and subscriptions, with paying members of its subscription-type learning service 'Shadoten' exceeding 10,000, in addition to its flagship English coaching service 'PROGRIT'. In this term's financial results, we will conduct a multifaceted analysis from an analyst's perspective on how this growth model is reflected in the earnings structure.
ENVALITH will contribute to the revitalization of the Japanese capital market by delivering the value of companies in such growth phases to global investors in Japanese, English, and Chinese.