Komori
Shuei Yobiko (4678) · InitiativeFull-year revenue and profit decline due to a decrease in total franchise-student enrollment

Franchise Expansion of the Video-Based Education Business

First written in FY2016. 10 of 29 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.

29entries
11years
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How it moved
ProgressHeldSoftenedWorseOtherFY2023-Q1 – FY20262016: 320162017: 420172018: 420182019: 220192020: 220202021: 320212022: 420222023: 320232024: 320242025: 020252026: 12026
Same theme, other companies
Strengthening franchisee developmentA theme 29 companies write about · 1 as a headwind · 33 as a tailwind

The whole theme swung hardest in 2020: 4 of 21 companies on the "Worse" side.

4 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 29 companies compared. The sentences above are computed from all 29.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year revenue and profit decline due to a decrease in total franchise-student enrollmentAnnual report

    「Revenue from other education businesses fell below the previous year because total FC student numbers remained below the previous year through the third quarter. As a result, revenue from other education businesses was ¥43 million, down 6.2% year on year, while segment profit was ¥25 million, down 13.2% year on year.」

    In the video-based education FC business, total student numbers remained below the previous year through the third quarter, and full-year revenue and segment profit both declined.
  2. FY2025-H1RestatedAnnual report

    「④ In the video business field, provide video streaming services for educational content to enhance learning outcomes at home and in educational settings」

    The company continues to pursue its policy of enhancing learning outcomes at home and in educational settings through video streaming of educational content. Revenue in the FC division fell below budget due to a decline in total student numbers.
  3. FY2024Growth in online courses for high school students alongside losses in the FC businessAnnual report

    「Revenue from other education businesses was ¥89 million, up 56.5% year on year, while the segment recorded a loss of ¥69 million (segment profit of ¥25 million in the previous year).」

    While enrollment in online courses for high school students remained steady and increased revenue, other education businesses swung from a profit to a loss due to higher labor costs, including costs for expanding video-based lesson content.
  4. FY2024-Q3Decline in total FC student numbers and loss recorded by other education businessesAnnual report

    「Revenue from other education businesses fell below budget. Although enrollment in online courses for high school students remained steady, total FC student numbers declined. As a result, revenue from other education businesses was ¥67 million (¥42 million in the same quarter of the previous year), while the segment recorded a loss of ¥47 million (segment profit of ¥17 million in the same quarter of the previous year).」

    While online courses for high school students performed steadily, revenue fell short of budget due to the decline in total FC student numbers, causing other education businesses to swing from a profit in the previous year to a loss.
  5. FY2024-Q2FC revenue recovered toward budget, while online division costs increasedAnnual report

    「Revenue in the FC division was broadly in line with budget. Operating expenses exceeded the previous year due to the addition of staff in the online division. As a result, revenue from other education businesses was ¥45 million (¥27 million in the same quarter of the previous year), while the segment recorded a loss of ¥31 million (segment profit of ¥10 million in the same quarter of the previous year).」

    While FC division revenue recovered to near budget, higher costs associated with adding staff to the online division caused other education businesses to swing from a profit in the previous year to a loss.
  6. FY2023Online SV activities also failed to deliver sufficient improvement in performanceAnnual 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.」

    It states that online SV activities were conducted to increase the number of students per FC school, but they did not lead to sufficient improvement in performance.
  7. FY2023-Q3Decline in total franchise-student enrollment; below budgetAnnual 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.」

    Although revenue per student increased in the franchise division, revenue fell short of budget because total student numbers declined.
  8. FY2023-Q2Enrollment and continued attendance are recovering but remain below budgetAnnual report

    「Revenue in the franchise division was below budget, as student enrollment and continued attendance are still recovering.」

    The company explained that, in the video education franchise business, student enrollment and continued attendance are recovering, but revenue was below budget.
  9. FY2023-Q1Franchise student numbers and revenue below budget; cost savings through remote supervisor activitiesAnnual report

    「In the franchise division, student numbers were slightly below budget and revenue fell short of budget, but supervisor activities were conducted primarily through remote work, enabling the company to reduce selling expenses.」

    In the video education franchise business, student numbers and revenue were below budget, while selling expenses were reduced through supervisor activities conducted primarily via remote work, the company explained.
  10. FY2022AdvancedAnnual report

    「In the current fiscal year, the company actively conducted online supervisor activities to increase students per school, achieving some results.」

    In the video education franchise business, the company stepped up online supervisor activities and achieved some success in increasing students per school. Travel and accommodation costs were also significantly reduced, resulting in revenue of ¥79 million and segment profit of ¥37 million in the other education businesses.
  11. FY2022-Q3AdvancedAnnual report

    「Revenue in the franchise division exceeded both budget and the previous year. This was because total student numbers in the franchise division and revenue per student increased. Consequently, revenue in the other education businesses was ¥56 million (¥52 million in the same quarter of the previous year), and segment profit was ¥27 million (segment profit of ¥20 million in the same quarter of the previous year).」

    In the video education franchise division, total student numbers and revenue per student increased, resulting in revenue above budget and the previous year. Segment profit in the other education businesses also increased.
  12. FY2022-Q2AdvancedAnnual report

    「Revenue in the franchise division exceeded both the previous year and budget, particularly because tuition per student in the 12th-grade exam year performed strongly.」

    The company explained that, in the video education franchise business, tuition per student for the 12th-grade exam year performed strongly, resulting in franchise division revenue above both the previous year and budget.
  13. FY2022-Q1AdvancedAnnual report

    「In the franchise division, student numbers increased relatively steadily despite changes in the school portfolio, and revenue exceeded budget. The company also introduced remote work for supervisor activities and secured profit by reducing selling expenses.」

    The company explained that student numbers increased and revenue exceeded budget in the video education franchise business, while profit was secured through remote supervisor activities and reductions in selling expenses.
  14. FY2021AdvancedAnnual report

    「In its other education businesses, the company focused primarily on its video-based franchise business. In the current fiscal year, it actively conducted online supervisor activities to increase students per school, achieving some results. The online supervisor activities also significantly reduced expenses such as travel and accommodation costs.」

    For the video franchise business, the company added an increased focus on online supervisor activities to its existing policy of expanding franchise schools and student numbers, reporting some success and significant reductions in travel and accommodation costs.
  15. FY2020ReframedAnnual report

    「Improve the number of students and revenue per franchise school. To this end, conduct efficient supervisor activities by drawing on the operating expertise of company-owned schools and new online methods using Zoom and other tools.」

    The video franchise expansion incorporates efficient supervisor activities using the operating expertise of company-owned schools and online methods such as Zoom.
  16. FY2020-Q3RestatedAnnual 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.」

    While continuing to expand the number of franchise schools and average students in video-based education, the company saw overall revenue decline because of a decrease in at-home students.
  17. FY2019RaisedAnnual report

    「② Further improve the quality of video content for junior and senior high school students in order to increase revenue in the video-based individual instruction division by the 39th fiscal year」

    For the video business, the company explicitly stated its goals of increasing the number of franchise schools and total students, as under its existing strategy, while also increasing revenue in the video-based individual instruction division and improving content quality by the 39th fiscal year.
  18. 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 reiterated that it would continue the video business's franchise expansion and that, while the number of franchise schools and average students increased, overall revenue struggled to grow because of a decline in at-home students.
  19. FY2019-Q2RestatedAnnual 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 continued the video business's franchise expansion, and while the number of franchise schools and average students increased, overall revenue struggled to grow because of a decline in at-home students.
  20. FY2019-Q1RestatedAnnual report

    「④ In the video business, provide video-streaming services for educational content to improve learning outcomes at home and in educational settings. 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 reiterated its policy of continuing the video business and franchise expansion. While the number of franchise schools and average students increased, overall revenue struggled to grow because of a decline in at-home students.
  21. FY2018AdvancedAnnual report

    「In its other education businesses, the company established the foundation for franchising video-based schools and increased both the number of schools and average students per school. It plans to drive performance growth from the next fiscal year onward.」

    Regarding the video business's franchise expansion, the company explained that the foundation has been established and that both the number of schools and average students per school increased.
  22. FY2018-Q3RestatedAnnual report

    「The plan is to focus business development in this division on franchise expansion.」

    In the video business, student numbers declined amid challenges in promoting the at-home learning division, while the company continued to pursue a plan centered on franchise expansion.
  23. FY2018-Q2RestatedAnnual report

    「The plan is to focus business development in this division on franchise expansion.」

    While the video business faced challenges in promoting its services and student numbers declined, it continued to pursue a plan centered on franchise expansion.
  24. FY2018-Q1AdvancedAnnual report

    「This was because franchise expansion increased, while average student numbers and revenue per student at franchise schools also increased.」

    The company states that the video business's franchise expansion increased, and that average student numbers and revenue per student at franchise schools also rose.
  25. FY2017AdvancedAnnual report

    「Meanwhile, the foundation for franchising video-based schools was established, producing some results in increasing the number of franchise schools and students.」

    Regarding the video business's franchise expansion, the foundation has been established, with some success in increasing the number of franchise schools and students.
  26. FY2017-Q3RestatedAnnual report

    「Under the franchise expansion strategy, the number of member tutoring schools increased, and course revenue also performed strongly.」

    The company continued to report growth in the number of member tutoring schools and strong course revenue in the video business's franchise expansion.
  27. FY2017-Q2AdvancedAnnual report

    「Under the franchise expansion strategy, the number of member tutoring schools increased, and summer-course revenue also performed strongly.」

    The company explained that the number of member tutoring schools increased through the video business's franchise expansion and that summer-course revenue also performed strongly.
  28. FY2017-Q1AdvancedAnnual report

    「Franchise expansion is beginning to gain traction, and the number of students in this division is increasing.」

    The company reports specific progress in the video business's franchise expansion, with the model beginning to gain traction and student numbers increasing.
  29. FY2016First statedAnnual report

    「Going forward, the video division's franchise expansion is expected to contribute to revenue.」

    The company provides and sells video-based educational content and positions franchise expansion as a new business model.
Moved together

"Relocation and Closure of Unprofitable Branches and Concentration of Management Resources" moved the same way as this thread, in the same document, in 8 of its 29 moves.

886654★123456
  1. ★This thread
  2. 1Relocation and Closure of Unprofitable Branches and Concentration of Management Resources8×
  3. 2Financial Covenants in Syndicated Loan Agreements8×
  4. 3Addressing Customer Needs and Improving Admission Results at Highly Selective Universities in the High School Division6×
  5. 4Standardizing the Operations of Shuei PAS One-on-One Tutoring and Increasing Student Enrollment6×
  6. 5IT Systems to Improve Regular Test Scores5×
  7. 6Full-Scale Recovery in All Regions and Business Segments4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Shuei Yobiko's next results are scheduled for 2026-11-05. Read the earnings preview
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