Establishment of a New Vietnamese Subsidiary
First written in FY2020-Q3. 2 of 5 entries say "Advanced", first in FY2020. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025Closure of 6 kindergartens in VietnamAnnual report
「The number of franchise classrooms at the end of the period was 50, reflecting an increase of 2 newly opened classrooms (1 in Osaka Prefecture and 1 in Tokushima Prefecture) and 1 previously mentioned classroom converted to a franchise, offset by the closure of 1 classroom (in Tokushima Prefecture), 1 previously mentioned classroom converted to direct operation and the closure of 6 kindergartens in Vietnam.」
The closure of 6 kindergartens in Vietnam reduced the scale of education and childcare operations associated with the Vietnamese subsidiary. - FY2024AdvancedAnnual report
「Revenue in the Other Instruction segment increased, driven by progress in enrolling new students at the Japanese-language school, strong advertising-related orders received by the subsidiary from educational institutions and others, and the start of operations gaining traction at the kindergarten in Vietnam as economic activity resumed.」
The Company described that its kindergarten operations in Vietnam began to gain traction after the COVID-19 pandemic, and that the business following the change from direct operations to consulting services had again reached the stage of contributing to performance. - FY2021Change from kindergarten operations to consulting services for kindergarten operationsAnnual report
「Started operating a kindergarten in Da Nang City in January 2020 (changed to consulting services for kindergarten operations in October 2020).」
The Vietnamese subsidiary's business changed from direct operation of kindergartens to consulting services for kindergarten operations in October 2020. - FY2020AdvancedAnnual report
「Started operating a kindergarten in Da Nang City in January 2020」
After establishing the Vietnamese subsidiary, the Company began operating a kindergarten in Da Nang City. - FY2020-Q3First statedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company newly established 成学社ベトナム有限責任会社 in the Socialist Republic of Vietnam and included it in the scope of consolidation.」
The Company newly established 成学社ベトナム有限責任会社 in the Socialist Republic of Vietnam and added it as a consolidated subsidiary from the third quarter of the current consolidated fiscal year.