Establishment of a New EdTech Business Segment
First written in FY2019-Q2. 4 of 7 entries say "Restated". Latest entry: FY2021.
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- FY2021ReframedAnnual report
「株式会社アルク, which was responsible for the EdTech business, has been excluded from the scope of consolidation following the sale of our shares in the company.」
Although the EdTech business segment continued to be disclosed by name, it was excluded from the scope of consolidation following the sale of 株式会社アルク, leaving the segment's assets at zero at the end of the fiscal year. - FY2021-Q2ReframedAnnual report
「(EdTech business) There have been no changes to the main business activities.」
While the business activities themselves did not change during the quarter, the transfer of all shares in 株式会社アルク resulted in the EdTech business moving toward exclusion from the scope of consolidation. - FY2020RestatedAnnual report
「The Group consists of service-based segments and has 5 reportable segments: Infrastructure Tech, Real Estate Tech, Ad Tech, Health Tech and EdTech.」
The EdTech business centered on 株式会社アルク continues to be presented as a standalone reportable segment. - FY2020-Q1RestatedAnnual report
「The EdTech business provides language education services to individuals, corporations and educational institutions.」
The EdTech business centered on 株式会社アルク continues to be presented as a standalone reportable segment. - FY2019RestatedAnnual report
「In the current consolidated fiscal year, the Company acquired shares in 株式会社アルク and included it within the scope of consolidation, and therefore added the EdTech business as a reportable segment.」
The EdTech business segment established and classified in connection with 株式会社アルク becoming a consolidated subsidiary continues to be presented separately for the full year. - FY2019-Q3RestatedAnnual report
「Because the Company acquired shares in 株式会社アルク and included it within the scope of consolidation, the EdTech business was added as a reportable segment.」
The EdTech business segment established and classified in connection with 株式会社アルク becoming a consolidated subsidiary continues to be presented separately. - FY2019-Q2First statedAnnual report
「In connection with this, an EdTech business segment was newly established. However, because 31 July 2018, the acquired company's second-quarter closing date, was used as the deemed acquisition date, no revenue or segment profit or loss was recognized.」
Following the acquisition of 株式会社アルク as a subsidiary, the EdTech business was added as a new reportable segment. Because of the deemed acquisition date, no revenue or segment profit or loss was recognized for the six months ended the second quarter of the current consolidated fiscal year.