Exceed World, Inc.

Exceed World, Inc.

EXDW
Exceed World, Inc.US flagOther OTC
0.29
USD
- -
- -
9.56MMarket Cap
2015 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
1.84
1.73
0.87
0.64
0.87
1.06
0.79
0.75
- -
0.26
Basic EPS, GAAP
- -
0.21
0.12
- -
-0.03
0.09
0.13
-0.02
0.04
- -
-0.2
Free Cash Flow per Basic Share
- -
0.26
0.5
-0.16
-0.03
0.16
0.2
-0.19
-0.02
- -
-0.32
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.73
0.84
0.51
0.48
0.58
0.7
0.69
0.72
- -
0.51
Tangible Book Value per Share
- -
0.56
0.67
0.51
0.48
0.55
0.53
0.5
0.48
- -
0.2
Basic Weighted Avg Shares
20
20
20
33
33
33
33
33
33
- -
33
Sales/Revenue/Turnover
- -
37
35
28
21
28
35
26
24
9
9
Operating Margin (%)
- -
10.3
7.49
-1.67
-5.47
15.14
18.47
-1.49
6.86
-79.69
-77.33
Depreciation Expense
- -
1
1
1
1
1
- -
- -
- -
1
1
Net Income, GAAP
- -
4
2
- -
-1
3
4
-1
1
-7
-7
Effective Tax Rate (%)
- -
11.19
- -
142.01
- -
22.49
37.88
- -
33.81
- -
- -
Profit Margin (%)
- -
11.48
6.81
-0.46
-4.58
10.81
11.93
-2.13
4.8
-79.77
-77.42
Working Capital
- -
11
13
15
14
16
15
15
14
5
5
LT Debt
- -
1
1
- -
1
- -
- -
- -
- -
1
1
Total Equity
- -
15
17
18
17
19
18
17
19
11
11
Return on Invested Capital (%)
- -
43.35
- -
1.12
- -
17.2
19.51
- -
5.97
- -
- -
Return on Capital (%)
- -
56.1
- -
-0.77
- -
16.83
19.12
- -
4.95
- -
- -
Return on Common Equity (%)
- -
58.19
15.12
-0.78
-5.91
17.73
19.75
-2.43
5.08
-34.07
-33.06

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
- -
- -
1
LT Borrowings
- -
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
13
10
8

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
14
12
11
Cash, Cash Equivalents & STI
12
9
8
Accounts Receivable, Net
1
1
1
Inventories
1
1
1
Total Current Liabilities
5
5
6
Payables & Accruals
4
4
4
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-6.11%
-41.5%
Free Cash Flow
- -
143.63%
1,654.29%
Net Income, GAAP
- -
-299.58%
-687.38%
Sales/Revenue/Turnover
- -
-7.71%
-64.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
6
8
7
5
26
2024
5
6
8
5
24
2025
3
2
2
1
9

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
0.01
-0.02
- -
-0.02
2024
-0.01
- -
- -
- -
0.04
2025
-0.02
-0.05
-0.06
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tomoo Yoshida
Full Time Employees
41
Sector
Consumer Defensive
Industry
Education & Training Services
Address
Esakacho Suita Japan 564-0063
IPO Date
Nov 8, 2017
Business
Exceed World, Inc. (EXDW) provides education services to pre-school children, students, and adult learners primarily in Japan through its subsidiaries; the company offers a comprehensive range of e-learning programs including pre-school learning resources, supplemental materials for elementary, junior high, and senior high school curricula, preparation courses for university entrance examinations and professional qualification exams, English language learning modules, and supporting services via its Force Club internet platform. Incorporated in 2014 and headquartered in Suita-shi, Osaka, Japan, Exceed World operates as a subsidiary of Force Internationale Limited with approximately 41 employees under CEO Tomoo Yoshida; it was formerly known as Brilliant Acquisition, Inc. before changing its name in January 2016. In recent developments, the company received $0.232 million in funding in November 2024, reported earnings for the third quarter and nine months ended June 30, 2025 in August 2025, filed its annual 10-K report for the fiscal year ended September 30, 2024 in January 2025, and announced plans to expand its sales network, enhance promotion activities, and explore new membership offerings through Force Club over the next 12 months as of late 2024.