Komori
Seigakusha (2179) · InitiativeDropped

Overseas expansion of English education through a Philippine base

First written in FY2017. 3 of 7 entries say "Restated". Latest entry: FY2025.

7entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2019RestatedFY2021 – FY20252017: 220172018: 120182019: 120192020: 120202021: 120212022: 020222023: 020232024: 020242025: 12025
Same theme, other companies
Online English conversation business for educational corporations and expansion of the Philippines baseA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Dropped".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025DroppedAnnual report

    「APLIS INTERNATIONAL EDUCATION CORP. completed its liquidation as of 28 February 2025.」

    The liquidation of the subsidiary that operated the English education operation in Cebu City, Philippines, was completed, ending the overseas English education business conducted through that operation.
  2. FY2021RestatedAnnual report

    「APLIS INTERNATIONAL EDUCATION CORP. Cebu City, Republic of the Philippines Education-related business (Temporarily closed)」

    The English education operation in the Philippines remained temporarily closed, confirming in the annual report its status following the closure reported in the previous period.
  3. FY2021-Q2WorsenedAnnual report

    「Kaisei English Academy, which provided English-language education for Japanese nationals in Cebu City, the Philippines, was closed because a recovery in demand could not be expected due to the impact of the spread of COVID-19.」

    The English education operation in Cebu City, Philippines, was closed because the outlook for a recovery in demand following the COVID-19 pandemic had deteriorated.
  4. FY2019RestatedAnnual report

    「In other instruction divisions, in addition to operating the brands Kaisei Kids School, a residential after-school program for elementary school students, Kaisei Academy Japanese Language School, which provides Japanese-language education to international students, Kaisei English Academy in Cebu City, Republic of the Philippines, which provides English education for Japanese nationals, and IVY KIDS, an English conversation school with after-school childcare, the company operates the training facility Tannowa House and dispatches instructors to school corporations and foreign instructors whose official language is English.」

    The company continued to expand overseas and into adjacent fields through education businesses outside its cram-school operations, including a Japanese language school and an English-language school in the Philippines.
  5. FY2018RestatedAnnual report

    「The Group seeks to grow through businesses that foster personal growth. During the current consolidated fiscal year, it opened Kaisei Academy Japanese Language School, which provides Japanese-language education for international students, and Kaisei English Academy in Cebu City, Republic of the Philippines, which provides English education for Japanese nationals, thereby expanding its business.」

    The company reaffirmed the expansion of its education business through the opening of a Japanese language school and an English-language school in Cebu City, Philippines, as part of its results for the year.
  6. FY2018-Q2AdvancedAnnual report

    「Because investment in Kaisei English Academy, which opened in July in the Republic of the Philippines to provide English education for Japanese nationals, preceded revenue generation, the segment loss (operating loss) was ¥304.797 million, compared with a segment loss (operating loss) of ¥178.591 million in the same period of the previous year.」

    Kaisei English Academy actually opened in the Republic of the Philippines in July 2017, and the costs incurred ahead of revenue generation were recorded as a factor contributing to losses in the education-related business.
  7. FY2017First statedAnnual report

    「The subsidiary APLIS INTERNATIONAL EDUCATION CORP. was established in Cebu City, Republic of the Philippines, in March 2017, and planned to open Kaisei English Academy in July of the same year to provide English education for Japanese nationals.」

    The company established an overseas subsidiary in Cebu City, Philippines, and announced plans to begin an English education business for Japanese nationals in July 2017.
Moved together

"Differentiating One-on-One Tutoring Brands" moved the same way as this thread, in the same document, in 2 of its 7 moves.

222★123
  1. ★This thread
  2. 1Differentiating One-on-One Tutoring Brands2×
  3. 2Franchise Expansion into Areas Without Classrooms2×
  4. 3Expansion into Education and Childcare Fields Beyond Cram Schools2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Seigakusha yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Overseas expansion of English education through a Philippine base | SEIGAKUSHA CO.,LTD. (2179) | Komori