Constraints on flexibility under a policy focused on standalone school buildings and the shift to leased properties
First written in FY2016. 8 of 15 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026MitigatedAnnual report
「For 3 core schools in Hokkaido, Yamanashi Prefecture and Miyagi Prefecture, we decided to relocate them upon the expiration of their leases, while reducing rental costs by moving to well-located properties near the current school buildings.」
In response to the constraints on flexibility arising from standalone school buildings and rental costs, the company decided to relocate 3 core schools upon the expiration of their leases and is seeking to reduce rental costs. - FY2026-H1MaterialisedAnnual report
「Due to the heavy current rent burden at a school in Hokkaido and the expiration of its lease in May 2027, the Company decided to relocate it in March 2026 to a newly built, well-located property near the current school.」
The burden of school rent became an actual factor in the relocation decision, leading to a decision to move to a new property upon the expiration of the existing lease. - FY2023RestatedAnnual report
「Our group has traditionally focused on opening new schools in standalone buildings, but in recent years we have focused on opening new schools in leased properties that are not standalone buildings in order to enable more flexible openings, consolidations and closures.」
The company continues to pursue a policy of focusing on leased properties to enable the flexible opening, consolidation and closure of schools. - FY2020MitigatedAnnual report
「Our group has traditionally focused on opening new schools in standalone buildings, but in recent years we have focused on opening new schools in leased properties that are not standalone buildings in order to enable more flexible openings, consolidations and closures.」
In response to the constraints on flexibility posed by standalone school buildings, the company is shifting toward opening new schools primarily in leased properties to increase flexibility in opening, consolidating and closing schools. Risks relating to standalone school buildings and security deposits and guarantee deposits remain. - FY2019WorsenedAnnual report
「However, most of the areas in which we currently operate, including our head office school, use standalone school buildings, which may hinder the flexible opening, consolidation and closure of schools. In addition, depending on the landlord's circumstances, security deposits and guarantee deposits for leased properties may not be refunded.」
While promoting the transition to leased properties, the company has highlighted the constraints on flexibility posed by standalone school buildings, as well as the risk that security deposits and guarantee deposits may not be refunded depending on the landlord's circumstances. - FY2018RestatedAnnual report
「Going forward, we will also actively expand into leased properties that are not standalone school buildings.」
The company continues to pursue the active expansion into leased properties, recognizing that its policy of focusing on standalone school buildings could impede the flexible opening, consolidation and closure of schools. - FY2018-Q3RestatedAnnual report
「③ At schools where student numbers have declined due to a shrinking market, relocate operations to tenant premises, build a sound corporate structure, and establish a profitable operating structure」
The company continues to include the relocation of schools with declining enrollment to leased premises and the establishment of a profitable operating structure in its annual management plan. - FY2018-Q2RestatedAnnual report
「③ At schools where student numbers have declined due to a shrinking market, relocate operations to tenant premises, build a sound corporate structure, and establish a profitable operating structure」
The company continues to pursue the relocation of schools with declining enrollment to leased premises and the establishment of a profitable operating structure. - FY2018-Q1RestatedAnnual report
「At schools where student numbers have declined due to a shrinking market and other factors, the Company is proceeding with relocations to leased premises to build a sound corporate structure and establish a profitable operating model.」
The company continues to pursue a policy of relocating schools with declining student numbers to tenant premises. - FY2017-Q3RestatedAnnual report
「③ At schools where student numbers have declined due to a shrinking market and other factors, proceed with relocations to leased premises to build a sound corporate structure and establish a profitable operating model.」
The company continues to pursue the relocation of schools with declining student numbers to tenant premises and the development of a profitable operating structure. - FY2017-Q2RestatedAnnual report
「At schools where student numbers have declined due to a shrinking market and other factors, the Company is proceeding with relocations to leased premises to build a sound corporate structure and establish a profitable operating model.」
The company continues to pursue a policy of relocating schools with declining student numbers to tenant premises. - FY2017-Q1RestatedAnnual report
「At schools where student numbers have declined due to a shrinking market and other factors, the Company is proceeding with relocations to leased premises to build a sound corporate structure and establish a profitable operating model.」
The company has indicated that it will continue relocating schools with declining student numbers to tenant premises. - FY2016First statedAnnual report
「On the other hand, this could hinder the flexible opening, consolidation and closure of schools. Going forward, we will also actively expand into leased properties rather than standalone school buildings.」
While adopting purpose-built, standalone schools as its basic policy, the company recognizes that this may constrain flexibility in opening, consolidating and closing schools, and states that it will expand into leased properties.