A consolidated subsidiary has entered into an agreement to acquire the business divisions engaged in operating cram schools and English conversation schools, as well as tenant management, primarily in Fukuoka. Following the basic agreement announced in June 2026, the parties have proceeded to execute a definitive business acquisition agreement.
Cram school business, Shane English Conversation Schools business, Real estate management business
The impact on the consolidated results of the Company’s group for the fiscal year ending December 2026 is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Business Acquisition |
| Counterparty name | 株式会社受験 V アカデミー, 株式会社 V ネットワールド, 株式会社ブイ管理システム |
| Name of the Subject Company | 株式会社受験 V アカデミー, 株式会社 V ネットワールド, 株式会社ブイ管理システム |
| Business Description of the Subject Company | Cram school business, Shane English Conversation Schools business, Real estate management business |
| Location of the Subject Company | Chuo-ku, Fukuoka, Fukuoka Prefecture |
| Capital Stock of the Subject Company | ¥10 million, ¥35 million, ¥15 million |
| Date of Establishment of the Subject Company | 10 February 1983, 30 July 1993, 25 April 2021 |
| Net Sales of the Subject Company | ¥298.134 million (fiscal year ended November 2025), ¥118.529 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | ¥7.912 million (fiscal year ended November 2025), -¥10.687 million (fiscal year ended March 2026) |
| Net Assets of the Subject Company | ¥9.433 million (fiscal year ended November 2025), -¥1.620 million (fiscal year ended March 2026), ¥61.761 million (fiscal year ended October 2025) |
| Acquisition price | Not disclosed at the request of the counterparties. |
| Type of Consideration | Cash |
| Funding arrangements | Cash settlement using cash and deposits on hand is planned on the business acquisition date. |
| Goodwill amount | The allocation of the purchase price and the amortization periods for goodwill and intangible assets are currently under review. |
| Impact on Business Performance | The impact on the consolidated results of the Company’s group for the fiscal year ending December 2026 is expected to be immaterial. |
| Date of board resolution | 7 September 2026 |
| Contract Date | 7 September 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
To provide students of the acquired businesses with supplementary services, including online one-on-one instruction, examination preparation classes and study rooms, and ultimately expand into franchising for locally focused cram schools and study room operators nationwide.