October 2026
Largest Education & Training Public Companies in Japan
Benchmark revenue and EBITDA valuation multiples for public comps like
Insource Co., FCE, Global Kids Co, Globee and I-plug.
 | Insource Co Ltd provides corporate training and business-related open courses. Also, it offers HR related system and transition support for employment as well as production of e-learning and corporate movies. Lecturer dispatched training business provides training services by dispatching lecturers. The firm offers on-site training, open seminars, contract packages for human resources development, learning systems through AV, consulting, and system development and delivery for training and sales supports. | $4 | -22% | $362M | $310M | 3.4x | 8.1x | ||
| FCE Inc is engaged in the managing a group of companies that offer services in industries such as education, training, digital transformation, and related operations. It has business segments such as DX Promotion Business, Education and Training Business, and Publishing Business. | $4 | -19% | $82M | $60M | 1.6x | 9.5x | ||
| Global Kids Co Ltd provides child care support services in Japan. It operates licensed nurseries and non-licensed nurseries, and after-school clubs and children's centers. | $6 | +33% | $59M | $69M | 0.4x | 10.9x | ||
| Globee Inc is engaged in Development and provision of an online English learning platform service. The company mainly plans, develops, and operates AI English teaching materials abceed, which can be used on smartphone apps and on the web. It is also engaged in developing and operating the AI English school ABCEED ENGLISH. | $8 | +53% | $38M | $29M | 2.3x | 8.2x | ||
| I-plug Inc provides a mechanism to expand the human resources who will bear the future and realizes personal growth and corporate development. It is mainly involved in the operation of the new graduate reverse recruitment site "OfferBox" series. The Company operates in a single segment, the HR platform business. | $9 | -- | $34M | $13M | 0.4x | 2.2x | ||
| Monstarlab is a technology-consulting company founded in 2006 and based in Japan. Monstarlab provides DX-focused consulting services and products, from strategy formulation to design, development, improvement, and operation, in 20 countries and regions and 33 cities (Japan, China, Southeast Asia, Europe, Middle East, Northand South America / expansion through M&A). Offers comprehensive support for DX issues to companiesand organizations in a wide range of industries, including business design/planning, UX/UI design, branding, system/application development, and growth hacking. The company serves business and institutional customers through products and services in the technology-consulting market. Its commercial model is built primarily on contracted services, reflecting the way customers obtain and use its offering. JIC Venture Growth Investments classifies the business in its IPO portfolio and records December 2020 for the company. The company maintains its operating website at monstar-lab.com, while JIC VGI's portfolio materials preserve the public record of the investment relationship. | $0 | -55% | $31M | $44M | 0.9x | (68.3x) | ||
| Reskill Corp is engaged in Employee Training and Development. It has two business In-house human resource training business and IT human resource development business. | $13 | -41% | $26M | $13M | 0.8x | 2.3x | ||
| Manebi Inc operates an education and training platform business that provides programs and services intended to support workforce development and organizational performance. | $10 | -- | $25M | $27M | 4.1x | 86.6x | ||
| SuRaLa Net Co Ltd is a Japanese company engaged in providing educational services through e-learning and operation consulting, marketing promotion and website operation. | $2 | -32% | $10M | $3M | 0.2x | 1.9x | ||
| Manabi-aid Co Ltd is engaged in planning, development and provision of educational services via the Internet / Consulting for educational institutions / Management of cram schools. | $2 | -43% | $7M | $4M | 1.8x | (3.9x) | ||
| Median | $5 | -27% | $33M | $28M | 1.2x | 5.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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