Difficulty carrying out operations due to disasters and infectious diseases
First written in FY2016. 7 of 18 entries say "Mitigated", first in FY2017. Latest entry: FY2024.
The whole theme swung hardest in 2024: 7 of 36 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「The Group has also implemented measures to maintain business continuity, including offering online classes and introducing a work-from-home system.」
It specified online classes and a work-from-home system as business continuity measures for disasters and infectious diseases. - FY2024-Q2MitigatedAnnual report
「In the Other segment, revenue increased due mainly to a sharp rise in the number of students at Kaisei Academy Japanese Language School as the COVID-19 pandemic subsided, as well as strong orders from school corporations received by subsidiaries.」
It states that the number of students at the Japanese language school surged as the COVID-19 pandemic subsided, mitigating the impact of entry restrictions and other factors on the education-related business. - FY2024-Q1MitigatedAnnual report
「Revenue was ¥15.044 million, up 27.8% year on year, due to an increase in customer visits following the lifting of activity restrictions to prevent the spread of COVID-19, price revisions, and other factors.」
Restrictions on activities to prevent the spread of COVID-19 were lifted, increasing customer visits in the food service business. The constraints on business operations caused by the infectious disease are easing. - FY2023MitigatedAnnual report
「Although Japan's economy during the consolidated fiscal year showed a gradual recovery as restrictions on activities related to COVID-19 were eased in stages, the outlook remained uncertain due to geopolitical risks, including the situation in Ukraine and issues involving China and Taiwan, as well as a sharp rise in prices.」
The company described the gradual easing of activity restrictions and a gradual economic recovery, indicating that the constraints on business operations caused by the infectious disease had eased from the previous fiscal year. However, uncertainty remained due to geopolitical risks and high prices. - FY2023-Q3RestatedAnnual report
「Although the effects of COVID-19 continued, revenue was ¥36.823 million, up 27.9% year on year, due to stable customer traffic during weekday lunch hours, a recovery in dinner-hour business, price revisions, and other factors.」
Although the company stated that the effects of COVID-19 continued, revenue in the food service business increased due to customer traffic during lunch, dinner-hour business, and price revisions. - FY2023-Q2WorsenedAnnual report
「Revenue in the cram school segment declined from the same period of the previous year because progress in courses at the Kaisei Education Group Yozemi Satellite Prep School was delayed in the individual instruction segment, while summer courses in the class-based instruction segment performed weakly due to the impact of the seventh wave of COVID-19.」
The seventh wave of COVID-19 affected the summer courses, resulting in lower revenue in the cram school segment than in the same period of the previous year. The impact of the infectious disease was reflected in actual results during the second quarter as well. - FY2023-Q1WorsenedAnnual report
「The number of students in the cram school segment remained at the same level as in the same period of the previous year despite the impact of the sixth wave of COVID-19.」
The impact of the sixth wave of COVID-19 continued to be reflected in enrollment trends in the cram school segment during the first quarter. Although the company stated that enrollment remained at approximately the same level as in the same period of the previous year, it did not state that the impact of the infectious disease had been eliminated. - FY2022-Q2MitigatedAnnual report
「The company continued to thoroughly implement measures to prevent the spread of COVID-19 and operated the cram schools, comprising the individual and class-based instruction segments, using both in-person and interactive online classes to meet the needs of students and their parents.」
The company continued its measures to prevent the spread of the infectious disease and continued operations using both in-person and interactive online classes. Student numbers and performance recovered from the same period of the previous year, and the response to the impact continued. - FY2022-Q1MitigatedAnnual report
「Although the previous consolidated fiscal year continued to be affected by the difficult start caused by the declaration of a state of emergency during the student recruitment period and other factors, student numbers recovered steadily after the summer courses, enabling the current consolidated fiscal year to begin at levels restored to those before the spread of COVID-19.」
The company explained that the impact of COVID-19 on student recruitment and enrollment in the previous fiscal year was offset by the recovery after the summer courses, enabling the current fiscal year to begin at levels before the spread of the infectious disease. - FY2021WorsenedAnnual report
「Japan's economy during the consolidated fiscal year remained uncertain, as the effects of the spread of COVID-19 continued for an extended period.」
The effects of the infectious disease continued throughout the fiscal year, affecting results in the cram school, international student admissions, and food service businesses. - FY2021-Q3RestatedAnnual report
「The cram school segment, comprising the individual and class-based instruction segments, saw revenue decline as the impact of the difficult start in student numbers caused by the spread of COVID-19 continued. However, student numbers have been recovering since May, and revenue has gradually recovered through higher fees per student in the individual instruction segment and the provision of various optional classes in the class-based instruction segment.」
While the decline in student numbers at the start of the period caused by the spread of the infectious disease and its impact on revenue continued, revenue gradually recovered due to the recovery in student numbers from May onward, higher fees, and the provision of optional classes. - FY2021-Q2WorsenedAnnual report
「Although the cram school segment, comprising the individual and class-based instruction segments, continued to be affected by the difficult start in student numbers caused by the spread of COVID-19, the number of new students in the individual instruction segment in August and September exceeded the previous year, while the class-based instruction segment gradually recovered by attracting external students through free summer-course promotions and other measures.」
The decline in student numbers at the start of the period caused by the spread of the infectious disease affected performance during the cumulative second quarter, with the individual instruction segment down 7.9% year on year and the class-based instruction segment down 8.2%. The impact of the infectious disease risk continues to be reflected in actual results. - FY2021-Q1MaterialisedAnnual report
「At the cram schools, comprising the individual and class-based instruction segments, the company provided interactive online classes to prevent the spread of COVID-19 and continued providing education services even under the state of emergency. However, the average number of students during the consolidated cumulative period declined 11% year on year because the declaration of a state of emergency during the student recruitment period prevented active recruitment activities, while some prospective students postponed enrollment and some existing students withdrew because they did not want online classes.」
The spread of COVID-19 restricted student recruitment activities and led to deferred enrollment and withdrawals, resulting in an 11% year-on-year decline in the average number of students. The impact of the infectious disease risk is reflected specifically in business results. - FY2020MaterialisedAnnual report
「Although classes were suspended for approximately 2 weeks from early March to prevent the spread of COVID-19,」
The infectious disease risk materialized, and classes at the cram schools were suspended for approximately 2 weeks. - FY2019RestatedAnnual report
「The group is working to establish systems in preparation for emergencies, but if its response is inadequate, its performance and other matters may be affected.」
The company continues to disclose its efforts to establish systems in preparation for disasters and infectious disease outbreaks, as well as the risk of an impact on performance if its response is inadequate. - FY2018RestatedAnnual report
「The group is working to establish systems in preparation for emergencies, but if its response is inadequate, its performance and other matters may be affected.」
The company continues to disclose its efforts to establish systems in preparation for disasters and infectious disease outbreaks, as well as the risk of an impact on performance if its response is inadequate. - FY2017MitigatedAnnual report
「The group is working to establish systems in preparation for emergencies, but if its response is inadequate, its performance and other matters may be affected.」
The company explicitly stated that it is establishing systems in preparation for disasters and infectious disease outbreaks. - FY2016First statedAnnual report
「If a major earthquake or other disaster occurs, or an infectious disease outbreak occurs, in the areas where the group operates, it may become difficult for the group to conduct some or all of its operations.」
The impact on operations of disasters and infectious disease outbreaks in the areas where the group operates is identified as a risk.