Intensifying Excessive Competition in the Learning-Center and One-on-One Tutoring Markets
First written in FY2017-Q1. 16 of 26 entries say "Restated". Latest entry: FY2026-H1.
Shuei Yobiko moved to the "Worse" side of this theme in 2016, 10 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「In this industry, oligopolization and corporate consolidation are progressing amid a business environment characterized by the continuing decline in the birthrate, declining household disposable income and persistent excessive competition.」
The company continues to describe an industry environment in which oligopolization and corporate consolidation are progressing amid persistent cutthroat competition. - FY2025-H1RestatedAnnual report
「In this industry, oligopolization and corporate consolidation are progressing amid a business environment characterized by the declining birthrate, declining disposable income and excessive competition.」
The company continues to describe a competitive environment in which oligopolization and corporate consolidation are progressing against a backdrop of the declining birth rate, lower disposable income and cutthroat competition. - FY2024ReframedAnnual report
「Although the declining birth rate is progressing further in the industry, the market remains broadly flat due to expansion of the target age groups and higher customer spending per student. Corporate consolidation is also progressing due to cutthroat competition and succession issues.」
In addition to the previous explanation of cutthroat competition driven by new openings and franchising, the company identifies progress in corporate consolidation against a backdrop of succession issues as a change in the industry structure. - FY2024-Q3ReframedAnnual report
「Cutthroat competition continues in the industry, while corporate consolidation and business alliances between companies are progressing. The industry has also undergone major changes during the COVID-19 pandemic, including the expansion of online classes, their combination with live classes, and the use of online parent meetings and entrance examination information sessions.」
In addition to the description of cutthroat competition, the company now cites progress in corporate consolidation and business alliances between companies. It also points to changes in the industry structure, including the combination of online and live classes and the use of online parent meetings and entrance examination information sessions. - FY2024-Q2ReframedAnnual report
「The adoption of online classes accelerated during the COVID-19 pandemic, leading to an increase in cram schools offering both face-to-face and online classes and those operating exclusively online.」
The structure of cutthroat competition is changing from one driven by new school openings and franchising to one in which cram schools offering both face-to-face and online classes, as well as online-only schools, are increasing. - FY2023RestatedAnnual report
「Regardless of size, it is thought that the industry is entering an era in which only locations capable of providing high-quality educational services that can withstand a challenging business environment will survive in their respective markets.」
The company continues to recognize that, in a challenging competitive environment, locations capable of providing high-quality educational services will survive. - FY2023-Q3WorsenedAnnual report
「Meanwhile, the expansion of chains and franchise operations by major and mid-sized cram schools has resulted in even more cutthroat competition.」
The company indicates that cutthroat competition has intensified further against a backdrop of chain expansion and franchising by major and mid-sized cram schools. - FY2023-Q2RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company states that there have been no material changes in business and other risks, indicating no new developments in the risk of cutthroat competition in the cram school and individual instruction markets. - FY2023-Q1RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company states that there have been no material changes in business and other risks, indicating no new developments in the risk of cutthroat competition in the cram school and individual instruction markets. - FY2022-Q2RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company states that there have been no material changes in business and other risks, indicating no new developments in the risk of cutthroat competition in the cram school and individual instruction markets. - FY2021-Q3RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company states that there have been no material changes in business and other risks, indicating no new developments in the risk of cutthroat competition in the cram school and individual instruction markets. - FY2020RestatedAnnual report
「Meanwhile, new openings by major cram schools and new franchise schools continue, creating a challenging competitive environment.」
New openings by major cram schools and franchise schools continue, and the company continues to recognize that the competitive environment is challenging. - FY2020-Q3RestatedAnnual report
「In addition, new openings by major and mid-sized cram schools and the expansion of individual instruction through franchising have become active, ushering in an era of even more cutthroat competition.」
New openings by major and mid-sized cram schools and the expansion of individual instruction through franchising remain active, and the company continues to recognize that cutthroat competition persists. - FY2020-Q2WorsenedAnnual report
「In this industry, while the declining birthrate is progressing further, the expansion of multi-school operations by major and mid-sized tutoring companies and the active franchising of individually oriented schools have led to intensified excessive competition, consolidation and restructuring across the industry.」
The company further details the severity of the competitive environment, noting that the expansion of multi-school networks and individual instruction franchises has resulted in cutthroat competition as well as industry consolidation and restructuring. - FY2019RestatedAnnual report
「Competition has become even more intense.」
The company continues to recognize that competition in the cram school market has become even more intense. - FY2019-Q3WorsenedAnnual report
「Cutthroat competition is intensifying across all segments of the industry, including group instruction, individual instruction and video-based instruction. As a result, the industry has entered an era of consolidation, including business integrations, sales and school closures.」
Cutthroat competition has intensified across group, individual and video-based instruction, and the industry is described as having entered a phase of restructuring involving business integrations, sales and school closures. - FY2019-Q2RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The statement that there have been no material changes in business and other risks indicates that the risk of cutthroat competition in the cram school and individual instruction markets persists. - FY2019-Q1RestatedAnnual report
「Meanwhile, new openings by major, mid-sized and independent cram schools, as well as major franchise schools, remain active, and cutthroat competition continues.」
New openings by major, mid-sized and independent cram schools and major franchise schools remain active, and the company continues to recognize that cutthroat competition persists. - FY2018RestatedAnnual report
「Regardless of size, it is thought that the industry is entering an era in which only locations capable of providing high-quality educational services that can withstand a challenging business environment will survive in their respective markets.」
The company continues to recognize that, amid a challenging business environment and intense competition, only locations capable of providing high-quality educational services will survive. - FY2018-Q3RestatedAnnual report
「Meanwhile, new facilities and franchise operations by existing companies have become even more active, intensifying cutthroat competition.」
The company continues to recognize that cutthroat competition is intensifying as existing companies actively open new schools and expand their franchise operations. - FY2018-Q2WorsenedAnnual report
「New school openings remain active, resulting in even more severe cutthroat competition.」
New school openings remain active, and cutthroat competition is becoming even more severe. - FY2018-Q1RestatedAnnual report
「In addition, new openings by major and mid-sized cram schools and by major franchise schools have become more active, resulting in even more cutthroat competition.」
New openings by major and mid-sized cram schools and major franchise schools have become more active, and cutthroat competition continues to intensify. - FY2017WorsenedAnnual report
「Meanwhile, new facilities and franchise operations by existing companies have become even more active, intensifying cutthroat competition.」
New facilities and franchise operations by existing companies have become even more active, intensifying cutthroat competition in the cram school industry. - FY2017-Q3RestatedAnnual report
「Meanwhile, new openings by major and mid-sized cram schools and the expansion of major cram schools through franchising have also become more active, further intensifying competition.」
New openings by major and mid-sized cram schools and the expansion of major cram schools through franchising have become more active, and competition continues to intensify. - FY2017-Q2WorsenedAnnual report
「Meanwhile, new openings by major and mid-sized independent cram schools and franchise schools continue, further intensifying competition.」
New openings by major and mid-sized independent cram schools and franchise schools continue, and competition is becoming even more intense. - FY2017-Q1First statedAnnual report
「New openings by major and mid-sized operators and independent cram schools have become more active, resulting in even more cutthroat competition. The market for individual instruction is also thought to have nearly reached its ceiling, and this segment too is beginning to show signs of cutthroat competition.」
New openings, the market’s capacity ceiling and intensifying cutthroat competition in the overall cram school and individual instruction markets are cited as new risks.