Allocation of Retained Earnings to New Classroom Openings, M&A and New Businesses
First written in FY2016. 5 of 13 entries say "Restated". Latest entry: FY2024.
29 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「The company's consolidated subsidiary 株式会社螢雪ゼミナール entered into an agreement on 1 December 2023 to acquire the cram-school business operated by 株式会社クローバー and acquired the business on 1 December 2023.」
As an M&A transaction among the stated investment uses of retained earnings and other funds, ㈱螢雪ゼミナール acquired ㈱クローバー's cram-school business on 1 December 2023. The consideration was ¥120.000 million in cash, and goodwill recognized was ¥109.102 million. - FY2024-Q3AdvancedAnnual report
「The company's consolidated subsidiary ㈱螢雪ゼミナール entered into an agreement on 1 December 2023 to acquire the cram-school business operated by ㈱クローバー and acquired the business on 1 December 2023. Consideration: Cash ¥120.000 million」
As an M&A transaction among the stated investment uses of retained earnings and other funds, 螢雪ゼミナール acquired ㈱クローバー's cram-school business on 1 December 2023. The consideration was ¥120.000 million in cash, and the purpose was to expand the education business and enhance competitiveness. - FY2023-Q3AdvancedAnnual report
「On 1 February 2023, the company entered into a share transfer agreement to acquire all shares of 株式会社セア教育研究所 and make it a subsidiary. The acquisition of the shares was completed on the same date.」
The company acquired all shares of 株式会社セア教育研究所 on 1 February 2023 and completed its conversion into a subsidiary. The consideration was ¥34.400 million in cash, and the percentage of voting rights acquired was 100%. The purposes were to expand the education business, improve the efficiency of back-office functions and enhance competitiveness. - FY2022RestatedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company reiterated its policy of allocating retained earnings to new schools, M&A and new businesses. - FY2021RestatedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company reiterated its policy of allocating retained earnings to new schools, M&A and new businesses. - FY2020RestatedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company reiterated its policy of allocating retained earnings to new schools, M&A and new businesses. - FY2019RestatedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company reiterated its policy of allocating retained earnings to new schools, M&A and new businesses. No new completed M&A transaction is reported. - FY2019-Q3Cited as achievedAnnual report
「In the previous fiscal year, the company acquired all shares of AXIS CO.,LTD., which operates cram schools, and made it a consolidated subsidiary.」
The acquisition of all shares of AXIS CO.,LTD. and its conversion into a consolidated subsidiary continues to be cited as an achievement in the education business carried out in the previous fiscal year. - FY2019-Q2Cited as achievedAnnual report
「In the previous fiscal year, the company acquired all shares of AXIS CO.,LTD., which operates cram schools, and made it a consolidated subsidiary.」
The acquisition of all shares of AXIS CO.,LTD. and its conversion into a consolidated subsidiary in the previous fiscal year is cited as a past achievement in explaining the current status of the education business. - FY2019-Q1Cited as achievedAnnual report
「In the previous fiscal year, the company acquired all shares of AXIS CO.,LTD., which operates cram schools, and made it a consolidated subsidiary.」
The acquisition of all shares of AXIS CO.,LTD. and its conversion into a consolidated subsidiary in the previous fiscal year is cited as a past achievement in explaining the current status of the education business. - FY2018AdvancedAnnual report
「To expand the education business and improve efficiency through the integrated operation of back-office functions, thereby enhancing the competitiveness of the education business.」
On 19 December 2017, the company acquired all shares of AXIS CO.,LTD. and made it a consolidated subsidiary in the education business. The acquisition cost was ¥85 million and the percentage of voting rights acquired was 100%. The stated reasons for the acquisition were to expand the education business, improve the efficiency of back-office functions and enhance competitiveness. - FY2017RestatedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company reiterated its policy of allocating retained earnings to new schools, M&A and new businesses. - FY2016First statedAnnual report
「Retained earnings are planned to be allocated to funding the opening of new cram schools, investment in M&A transactions and investment in new businesses.」
The company identifies investment in new schools, M&A and new businesses as specific uses of retained earnings.