Establishment of a New Korean Subsidiary
First written in FY2019-Q3. 3 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2023.
No other company in this theme has enough history to compare yet.
- FY2023RestatedAnnual report
「In the other instruction segments, the Group operates various brands, including an after-school English conversation school with childcare, a Japanese-language school and a Korean-language school. It also operates training facilities, dispatches instructors to educational corporations and foreign instructors whose official language is English, and produces educational-content software, among other activities.」
The Group continues to operate overseas and peripheral education businesses, including the Korean-language school, as part of its education-related business. - FY2023-Q2AdvancedAnnual report
「The Other Instruction segment increased, driven by progress in enrolling new students at the Japanese-language school and the contribution from the Korean-language school, which began operations in December 2021.」
The Korean-language school launched in December 2021 began contributing to consolidated performance, and the number of students enrolled in the other instruction segments increased 50.7% year on year, together with the acceptance of new students at the Japanese-language school. - FY2022-Q3AdvancedAnnual report
「Under its business domain of being an education company focused on education and childcare from infants through working adults, the Group operates its core cram-school brand, 個別指導学院フリーステップ, as well as the classroom-based cram school 開成教育セミナー, licensed childcare facilities operated under the かいせい保育園 brand, 開成アカデミー日本語学校 for international students, and 開成アカデミー韓国語学校, which specializes in Korean-language instruction at intermediate and advanced levels, among others. Through these businesses, the Group addresses a broad range of education and childcare needs.」
In its education businesses related to South Korea, the Company states that it operates 開成アカデミー韓国語学校, which specializes in intermediate- and advanced-level Korean-language instruction, in addition to the existing Korean subsidiary and Japanese-language school. - FY2020AdvancedAnnual report
「Commenced operation of Gangnam Japanese Language Institute in Seoul in November 2019」
The established Korean subsidiary commenced operating Gangnam Japanese Language Institute in Seoul. The business progressed from establishing the subsidiary to commencing local operations. - FY2020-Q2Costs incurred in preparing to commence operationsAnnual report
「Higher costs associated with preparing to commence operations in South Korea」
The Company states that costs associated with preparing to commence operations in South Korea were incurred following the establishment of the Korean subsidiary. - FY2019RestatedAnnual report
「During the consolidated fiscal year, the Company newly established 成学社コリア㈱ and included it in the scope of consolidation.」
The annual financial statements also confirm the establishment of the Korean subsidiary and its addition to the scope of consolidation. - FY2019-Q3First statedAnnual report
「Following the establishment of 成学社コリア株式会社 on 1 November 2018, the company has been included in the scope of consolidation from the consolidated accounting period for the third quarter.」
The Company newly established 成学社コリア株式会社 in South Korea and added it to the scope of consolidation from the third-quarter consolidated accounting period. As of 31 December 2018, the Group consisted of the Company, its parent company and 4 subsidiaries.