Demand contraction driven by the declining birthrate and fewer children on childcare waiting lists
First written in FY2016. 4 of 7 entries say "Restated". Latest entry: FY2024.
Seigakusha moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「1. Decline in the school-age population and the number of children on childcare waiting lists (likelihood: High; impact: High)」
The risk assessment expressly rates the likelihood of the declining birthrate and fewer children on childcare waiting lists as “High” and the impact as “High.” - FY2023WorsenedAnnual report
「In the childcare industry, the expansion of childcare capacity is progressing under the New Plan for Raising Children with Peace of Mind compiled by the government, and the number of children on waiting lists is trending downward.」
The downward trend in the number of children on childcare waiting lists is expressly stated, making the risk of shrinking demand for childcare facilities a concrete aspect of the current business environment. - FY2021RestatedAnnual report
「If the declining birthrate progresses more rapidly than expected due to a decline in the birthrate or other factors, or if demand for childcare facilities declines as the number of children on waiting lists falls, this may affect the performance and other aspects of our group.」
The Company continues to identify the risk of declining demand for cram schools and childcare services due to the declining birthrate and fewer children on childcare waiting lists. - FY2019RestatedAnnual report
「If the birthrate declines further and the declining birthrate progresses more rapidly than expected, or if demand for childcare facilities declines as the number of children on waiting lists falls, this may affect the performance and other aspects of our group.」
The Company continues to identify the risk of declining demand for cram schools and childcare services due to the declining birthrate and fewer children on childcare waiting lists. - FY2018RestatedAnnual report
「If the birthrate declines further and the declining birthrate progresses more rapidly than expected, or if demand for childcare facilities declines as the number of children on waiting lists falls, this may affect the performance and other aspects of our group.」
The Company continues to identify the risk of declining demand for cram schools and childcare services due to the declining birthrate and fewer children on childcare waiting lists. - FY2017RestatedAnnual report
「If the birthrate declines further and the declining birthrate progresses more rapidly than expected, or if demand for childcare facilities declines as the number of children on waiting lists falls, this may affect the performance and other aspects of our group.」
The Company continues to identify the risk of declining demand for cram schools and childcare services due to the declining birthrate and fewer children on childcare waiting lists. - FY2016First statedAnnual report
「If the birthrate declines further and the declining birthrate progresses more rapidly than expected, or if demand for childcare facilities declines as the number of children on waiting lists falls, this may affect the performance and other aspects of our group.」
The Company identifies declines in the number of children and the enrollment rate at cram schools, and in the number of children on childcare waiting lists, as risks affecting demand.