Weak promotion of at-home viewing in the video business and a decline in the number of students
First written in FY2017-Q1. 12 of 24 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「In the other education businesses, revenue fell below the previous year because total student numbers in the FC division remained below the previous year through the third quarter.」
Total student numbers in the FC division remained below the previous year through the third quarter, and full-year revenue also fell below the previous year. The decline in student numbers in the at-home and FC businesses continued to materialize. - FY2024ReframedAnnual report
「In the other education businesses, we conducted online supervisor activities to increase the number of students per FC school. In addition, as the number of students taking online courses for high school students progressed smoothly this fiscal year, revenue increased from the previous fiscal year.」
The video and online businesses continued to face the existing issue of declining at-home students, while the number of students taking online courses for high school students progressed smoothly. Meanwhile, online supervisor activities aimed at increasing student numbers at FC schools continued. - FY2024-Q2WorsenedAnnual report
「The reason was that student numbers and revenue in the group-class and instructor-led individual instruction divisions grew steadily, while student numbers and revenue in the video-based division fell below budget.」
In the video division, student numbers and revenue were below budget, and growth in the group-class division and the instructor-led individual instruction division was insufficient to offset the shortfall. - FY2024-Q1WorsenedAnnual report
「Meanwhile, student numbers in the individual instruction and video-based divisions were slightly below both the previous year and budget.」
Student numbers in the divisions including video education were below both the previous year and budget, indicating that the risk of declining student numbers in video education continued to materialize. - FY2023WorsenedAnnual report
「During the current fiscal year, we conducted online SV activities to increase the number of students per FC school, but the result was insufficient improvement in performance.」
In the video FC business, online supervisor activities were conducted but did not lead to sufficient improvement in results. The company continued to report declines in students, including at-home and FC students, and performance below budget on a full-year basis. - FY2023-Q3WorsenedAnnual report
「Revenue in the franchise division was below budget. This was because, although revenue per student increased, total student numbers in the franchise division declined.」
In the FC division, total student numbers actually declined, and the increase in average tuition was insufficient to offset the decline, resulting in revenue below budget. - FY2023-Q2Recovery in FC recruitment and continued attendance, with performance below budgetAnnual report
「Revenue in the franchise division was below budget, as student enrollment and continued attendance are still recovering.」
The company explained that student recruitment and continued attendance in the video education business were in the process of recovering, but revenue in the FC division was below budget. - FY2023-Q1RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company stated that there were no material changes to business and other risks, indicating no new developments in the issues surrounding promotion of at-home learning or the risk of declining student numbers in the video education business. - FY2022-Q2RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The company stated that there were no material changes to business and other risks, indicating no new developments in the issues surrounding promotion of at-home learning or the risk of declining student numbers in the video education business. - FY2021-Q3RestatedAnnual report
「In the FC division, revenue fell below the previous year's results despite achieving budget, due to a decline in royalty income resulting mainly from decreases in enrollment and course participants caused by the spread of COVID-19.」
In the FC division, declines in enrollment and course participants caused by the spread of COVID-19 and a decline in royalty income continued. Although budget was achieved, revenue fell below the previous year's results. - FY2021-Q2WorsenedAnnual report
「In the FC division, revenue declined slightly due to a decrease in enrollment and course participants caused by the spread of COVID-19, as well as a decline in royalty income resulting from measures allowing students to take leave from their studies.」
In the FC division of the video education business, the spread of COVID-19 caused declines in enrollment and course participants, while measures allowing students to take leave from their studies reduced royalty income, resulting in a decline in revenue. - FY2020WorsenedAnnual report
「Meanwhile, in the home-study division, an effective promotional method has not been established, and overall performance has fallen below budget.」
An effective promotional method has not been established in the home-study division, and the video education business as a whole has continued to fall below budget. - FY2020-Q3WorsenedAnnual report
「In the franchise division, the number of franchise schools and average students per school increased, resulting in higher revenue. However, overall revenue declined because the number of at-home students taking video lessons decreased.」
The company stated that at-home students declined by more than the increase in the number of FC schools and average students per school, resulting in a decline in revenue for the video education business as a whole. - FY2019RestatedAnnual report
「Meanwhile, in the home-study division, an effective promotional method has not been established, and overall performance has fallen below budget.」
An effective promotional method has not been established in the home-study division, and the video education business as a whole has continued to fall below budget. - FY2019-Q3RestatedAnnual report
「In the franchise division, the number of franchise schools and average students per school increased, driving revenue growth in the division. However, overall revenue has struggled to grow because the number of at-home students has declined.」
The company continues to report that the decline in at-home students has offset increases in the number of FC schools and average students per school, leaving revenue for the video education business as a whole stagnant. - FY2019-Q2RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The statement that there were no material changes to business and other risks indicates that the issues in promoting at-home learning and the risk of declining student numbers in the video education business have continued. - FY2019-Q1RestatedAnnual report
「In the franchise division, the number of franchise schools and average students per school increased, driving revenue growth in the division. However, overall revenue has struggled to grow because the number of at-home students has declined.」
The company continues to report a situation in which the decline in at-home students offsets increases in the number of FC schools and average students per school, leaving total revenue stagnant. - FY2018WorsenedAnnual report
「Meanwhile, in the online video learning division for home study, the company was unable to resolve issues with its recruitment methods, and student numbers remained sluggish.」
The company explained that it had been unable to resolve issues with recruitment methods in the home-study video division and that student numbers remained sluggish, indicating that the existing issues had continued and worsened. - FY2018-Q3RestatedAnnual report
「This was because issues arose with promotional methods in the home-study division, resulting in a decline in student numbers.」
The company continues to recognize that promotional methods in the home-study division of the video education business remain an issue and that student numbers are declining. - FY2018-Q2RestatedAnnual report
「This was because issues arose with promotional methods in the home-study division, resulting in a decline in student numbers.」
The company continues to recognize that promotional methods in the home-study division of the video education business remain an issue and that student numbers are declining. - FY2018-Q1RestatedAnnual report
「There have been no material changes compared with the end of the previous consolidated fiscal year.」
The statement that there were no material changes to business and other risks indicates that the issues in promoting at-home viewing and the risk of declining student numbers in the video education business have continued. - FY2017-Q3RestatedAnnual report
「Issues have arisen with promotional methods to encourage at-home viewing, and the decline in student numbers has continued.」
Issues with promotions to encourage at-home viewing in the video education business and the decline in student numbers have continued. - FY2017-Q2RestatedAnnual report
「Issues have arisen with promotional methods to encourage at-home viewing, and the decline in student numbers has continued.」
Issues with promotions to encourage at-home viewing in the video education business and the decline in student numbers have continued. - FY2017-Q1First statedAnnual report
「Issues have arisen with promotional methods to encourage at-home viewing, and the decline in student numbers has continued.」
The company stated that issues had arisen with promotions to encourage at-home viewing in the video education business and that the decline in student numbers was continuing.