Changes in the Cram School Industry Environment Driven by University Entrance Examination System Reform, the Digitization of Educational Materials and Industry Consolidation
First written in FY2017-Q1. 23 of 31 entries say "Restated". Latest entry: 2026-05-14.
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- 2026-05-14RestatedEarnings
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterated its view of the cram-school industry, where the market is stagnating due to the declining birthrate and new business models are required. - FY2026-H1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates its recognition of the cram-school industry environment, characterised by market stagnation caused by the declining birth rate and the need for new operating models. - FY2025-H1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates its recognition of the cram-school industry environment, characterised by market stagnation caused by the declining birth rate and the need for new operating models. - FY2024RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates its recognition of the cram-school industry environment, characterised by market stagnation caused by the declining birth rate and the need for new operating models. - FY2024-Q1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates its recognition of the cram-school industry environment, characterised by market stagnation caused by the declining birth rate and the need for new operating models. - FY2023-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates its recognition of the cram-school industry environment, characterised by market stagnation caused by the declining birth rate and the need for new operating models. - FY2023-Q2RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates the industry environment of market stagnation caused by the declining birth rate and the need for new operating models. - FY2023-Q1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models are required.」
The company reiterates the industry environment of market stagnation caused by the declining birth rate and the need for new operating models. - FY2022RestatedAnnual report
「However, as the impact of COVID-19 persists, the cram-school industry is required to develop new operating models.」
The company reiterates its recognition that the prolonged impact of COVID-19 is creating a need for new operating models in the cram-school industry. - FY2022-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models, including measures to address COVID-19, are required.」
The company reiterates that, in addition to market stagnation caused by the declining birth rate, the industry environment requires new operating models, including measures to address infectious diseases. - FY2022-Q2RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models, including measures to address COVID-19, are required.」
The company reiterates that, in addition to market stagnation caused by the declining birth rate, the industry environment requires measures to address COVID-19 and the development of new operating models. - FY2022-Q1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while new operating models, including measures to address COVID-19, are required.」
The company reiterates that, in addition to market stagnation caused by the declining birth rate, the industry environment requires measures to address COVID-19 and the development of new operating models. - FY2021Pressure to develop new operating models amid COVID-19Annual report
「However, as the impact of COVID-19 persists, the cram-school industry is required to develop new operating models.」
The company recognises that, in addition to the declining birth rate and changes in market conditions, the prolonged impact of COVID-19 is creating a need for new operating models in the cram-school industry. - FY2021-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate. At times, the spread of COVID-19 made it necessary to close schools, and the outlook for the future remains extremely uncertain.」
The company reiterates school closures caused by the spread of COVID-19 and the high level of uncertainty surrounding the future, in addition to market stagnation caused by the declining birth rate, as industry conditions. - FY2021-Q1ReframedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate. At times, the spread of COVID-19 made it necessary to close schools, and the outlook for the future remains extremely uncertain.」
In addition to the cram-school industry’s longstanding issues of a declining birth rate and market stagnation, the company indicates that the spread of COVID-19 led to school closures and that the outlook for the future is highly uncertain. - FY2020DroppedAnnual reportThe annual securities report for the fiscal year ended March 2020 contains no identifiable description of the cram-school industry environment covering university entrance examination reforms, digitalisation of teaching materials and industry consolidation.
- FY2020-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge.」
The company reiterates market stagnation caused by the declining birth rate, stricter customer selection, and capital and business alliances as industry conditions. - FY2020-Q2RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge.」
The company reiterates market stagnation caused by the declining birth rate, stricter customer selection, and capital and business alliances as conditions in the cram-school industry. - FY2020-Q1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge.」
The company reiterates market stagnation caused by the declining birth rate, stricter customer selection, and capital and business alliances as conditions in the cram-school industry. - FY2019DroppedAnnual reportThe annual securities report for the fiscal year ended March 2019 contains no identifiable description of the cram-school industry environment covering university entrance examination reforms, digitalisation of teaching materials and industry consolidation.
- FY2019-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools.」
The company continues to identify market stagnation caused by the declining birth rate and stricter customer selection by customers as industry conditions. - FY2019-Q2RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools.」
The company continues to identify market stagnation caused by the declining birth rate and stricter customer selection as conditions in the cram-school industry. - FY2019-Q1ReframedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge.」
Although no such description was identified in the prior year’s annual securities report, the explanation of the industry environment was reiterated in the first-quarter report. This time, it focuses on market stagnation, stricter customer selection, and capital and business alliances, without mentioning university entrance examination reforms or the digitalisation of teaching materials. - FY2018DroppedAnnual reportThe annual securities report for the fiscal year ended March 2018 contains no identifiable description of changes in the cram-school industry’s operating environment covering university entrance examination reforms, industry consolidation and market stagnation.
- FY2018-Q3RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge. University entrance examination reforms and the digitalisation of teaching materials are progressing, creating pressure to develop new examination expertise and teaching materials.」
The company reiterates the same content regarding market stagnation caused by the declining birth rate, stricter customer selection, industry consolidation, and pressure to respond to university entrance examination reforms and the digitalisation of teaching materials. - FY2018-Q2RestatedAnnual report
「The cram-school industry is undergoing changes in its operating environment, including the declining birth rate, university entrance examination reforms and the digitalisation of teaching materials, while consolidation through capital and business alliances is accelerating.」
The company continues to identify the declining birth rate, university entrance examination reforms, digitalisation of teaching materials, and industry consolidation through capital and business alliances as changes in the cram-school industry’s operating environment. - FY2018-Q1RestatedAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge. University entrance examination reforms and the digitalisation of teaching materials are progressing, creating pressure to develop new examination expertise and teaching materials.」
The company reiterates the same content regarding market stagnation caused by the declining birth rate, stricter customer selection, industry consolidation, and pressure to respond to university entrance examination reforms and the digitalisation of teaching materials. - FY2017Industry stagnation, stricter customer selection and mounting pressure to respondAnnual report
「In the cram-school industry, the market continues to stagnate as a result of the declining birth rate, while customers are becoming increasingly selective in choosing cram schools and capital and business alliances continue to emerge. University entrance examination reforms and the digitalisation of teaching materials are progressing, creating pressure to develop new examination expertise and teaching materials.」
In addition to the previously reported declining birth rate, entrance examination reforms, digitalisation of teaching materials and industry consolidation, the company specifies market stagnation, stricter customer selection, and pressure to respond through new examination expertise and the development of teaching materials. - FY2017-Q3RestatedAnnual report
「The cram-school industry is undergoing changes in its operating environment, including the declining birth rate, university entrance examination reforms and the digitalisation of teaching materials, while consolidation through capital and business alliances is accelerating.」
The company continues to identify the declining birth rate, university entrance examination reforms, digitalisation of teaching materials, and industry consolidation through capital and business alliances as changes in the cram-school industry’s operating environment. - FY2017-Q2RestatedAnnual report
「The cram-school industry is undergoing changes in its operating environment, including the declining birth rate, university entrance examination reforms and the digitalisation of teaching materials, while consolidation through capital and business alliances is accelerating.」
The company continues to identify the declining birth rate, university entrance examination reforms, digitalisation of teaching materials, and industry consolidation through capital and business alliances as changes in the cram-school industry’s operating environment. - FY2017-Q1First statedAnnual report
「The cram-school industry is undergoing changes in its operating environment, including the declining birth rate, university entrance examination reforms and the digitalisation of teaching materials, while consolidation through capital and business alliances is accelerating.」
The company identifies the declining birth rate, university entrance examination reforms, digitalisation of teaching materials, and accelerating consolidation through capital and business alliances as changes in the cram-school industry’s operating environment.