A challenging business environment due to the declining birthrate and economic recession
First written in FY2017-Q1. 16 of 30 entries say "Restated". Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1ReframedAnnual report
「The cram-school industry continues to face a challenging operating environment, including a decline in the school-age population due to the declining birth rate and higher recruitment and labor costs resulting from wage increases in other industries.」
In addition to the previous references to energy prices and rising labor costs, identifies the decline in the school-age population and higher recruitment and labor costs associated with wage increases in other industries as factors contributing to the cram-school industry's challenging operating environment. - 2026-07-10WorsenedEarnings
「In the cram-school industry, the business environment remains challenging, owing to intensifying market competition resulting from the declining birth rate, as well as difficulties securing and recruiting talented instructors and rising recruitment and labor costs amid wage increases in other industries.」
The Company continues to identify intensifying market competition caused by the declining birth rate, difficulty securing instructors, and rising recruitment and labor costs as factors contributing to the challenging business environment. - FY2026WorsenedAnnual report
「In the cram-school industry, declining demand due to the declining birth rate, together with soaring energy prices and higher recruitment and labor costs associated with securing instructors, is putting pressure on operations, making the industry's polarization and shakeout increasingly pronounced.」
Describes the pressure from the declining birth rate, economic conditions, and rising energy, recruitment, and labor costs, as well as the increasingly pronounced polarization and shakeout within the industry. - FY2025-H1ReframedAnnual report
「The cram-school industry, which represents one of our Group's principal businesses, is also seeing changes in the environment surrounding education due to these economic conditions, the ongoing decline in the birth rate, full implementation of the new Courses of Study, ICT adoption in schools under the GIGA School Program, and compulsory English education from the third grade of elementary school. Awareness of investment in education in Japan is rising, and the cram-school market, which temporarily stagnated during the COVID-19 pandemic, is expected to expand.」
In addition to the previous references to the declining birth rate, institutional reforms, and ICT adoption in schools, explicitly mentions full implementation of the new Courses of Study and compulsory English education from the third grade of elementary school, presenting these changes alongside rising awareness of investment in education and the expected expansion of the cram-school market. - FY2025-Q1ReframedAnnual report
「The cram-school industry is also seeing changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge. However, awareness of investment in education in Japan is rising, and the cram-school market, which temporarily stagnated during the COVID-19 pandemic, is expected to expand.」
While continuing to highlight changes in the cram-school industry's environment, adds the growing awareness of investment in education in Japan and the expected expansion of the cram-school market, which stagnated during the COVID-19 pandemic. - FY2024ReframedAnnual report
「The cram-school industry is also seeing various education-system reforms advance, including these economic conditions, the declining birth rate, university entrance-examination reforms, and the promotion of ICT adoption in schools under the GIGA School Program, requiring a rapid response to changes in the operating environment.」
The framing has shifted from changes in the environment with education-system reforms still ahead to the view that the reforms are actually progressing and a rapid response to changes in the operating environment is required. - FY2024-Q3ReframedAnnual report
「The cram-school industry is also seeing various education-system reforms advance, including these economic conditions, the declining birth rate, university entrance-examination reforms, and the promotion of ICT adoption in schools under the GIGA School Program, requiring a rapid response to changes in the operating environment.」
The emphasis has shifted from the previous framing of a challenging environment due to the declining birth rate and economic conditions to the view that a rapid response to changes in the operating environment is required as university entrance-examination reforms, the GIGA School Program, and various education-system reforms advance. - FY2024-Q1RestatedAnnual report
「The cram-school industry, which represents one of our Group's principal businesses, is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Continues to describe changes in the cram-school industry's environment due to the declining birth rate, economic conditions, institutional reforms, and the acceleration of ICT adoption in schools. - FY2023RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Continues to describe changes in the cram-school industry's environment due to the declining birth rate, institutional reforms, ICT adoption in schools, and economic conditions. - FY2023-Q3WorsenedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
In addition to changes in the cram-school industry's environment, this quarter highlights economic and geopolitical factors, including Russia's invasion of Ukraine, the Russia-China and China-Taiwan issues, the yen's depreciation, and rising domestic prices. - FY2023-Q2RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Continues to describe changes in the cram-school industry's environment due to the declining birth rate, reforms to the education system and university entrance examinations, the GIGA School Program, and economic conditions. It is stated that there have been no material changes in business and other risks. - FY2023-Q1RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Continues to describe changes in the cram-school industry's environment due to the declining birth rate, reforms to the education system and university entrance examinations, the GIGA School Program, and economic conditions. - FY2022-Q3RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Continues to describe changes in the cram-school industry's environment due to the declining birth rate, reforms to the education system and university entrance examinations, and the GIGA School Program. - FY2022-Q1ReframedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment as these economic conditions, the declining birth rate, reforms to the education system and university entrance examinations, and the acceleration of ICT adoption in schools under the GIGA School Program converge.」
Adds the acceleration of ICT adoption in schools under the GIGA School Program as a factor driving changes in the environment surrounding the cram-school industry, in addition to the declining birth rate, economic conditions, and education-system reforms. - FY2021-Q3RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment due to these economic conditions. Many group-instruction cram schools have been forced to close all at once, while the declining-birth-rate problem remains without any visible solution and various factors, including reforms to the education system and university entrance examinations, are intertwined.」
Continues to describe changes in the cram-school industry's environment resulting from the combination of nationwide temporary closures of group-instruction cram schools, the declining birth rate, and reforms to the education system and university entrance examinations. - FY2021-Q2RestatedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment due to these economic conditions. Many group-instruction cram schools have been forced to close all at once, while the declining-birth-rate problem, for which no resolution is yet in sight, and reforms to the education system and university entrance examinations also contribute.」
Continues to describe changes in the cram-school industry's environment against the backdrop of nationwide temporary school closures due to COVID-19, the declining birth rate, and reforms to the education system and university entrance examinations. - FY2021-Q1WorsenedAnnual report
「The cram-school industry is also seeing major changes in its surrounding environment due to these economic conditions. Many group-instruction cram schools have been forced to close temporarily, particularly as the declining birth rate and reforms to the education system and university entrance examinations compound the situation.」
Describes the economic environment associated with COVID-19 and temporary closures of group-instruction cram schools as factors worsening the business environment alongside the declining birth rate and reforms to the education system and university entrance examinations. - FY2020WorsenedAnnual report
「In the cram-school industry, the environment is undergoing major changes amid the declining birth rate, with annual births falling below 900,000, and reforms to the education system and university entrance examinations, in addition to these economic conditions, ahead.」
Provides a quantitative indication of the declining birth rate, noting that annual births have fallen below 900,000, giving greater specificity to the challenging business environment than previously. - FY2020-Q3RestatedAnnual report
「In the cram-school industry, the operating environment is undergoing major changes amid the long-standing trend of declining birth rates and these economic conditions, with reforms to the education system and university entrance examinations ahead.」
Continues to describe changes in the cram-school industry's environment as reforms to the education system and university entrance examinations approach against the backdrop of the declining birth rate. - FY2020-Q2ReframedAnnual report
「In the cram-school industry, the operating environment is undergoing major changes amid the long-standing trend of declining birth rates and these economic conditions, with reforms to the education system and university entrance examinations ahead.」
The description has shifted back from a challenging environment caused by the declining birth rate and recession to one focused on changes in the environment as reforms to the education system and university entrance examinations approach. - FY2019RestatedAnnual report
「In the cram-school industry, the operating environment continued to be challenging amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Continues to describe the challenging operating environment in the cram-school industry due to the declining birth rate in its annual report. - FY2019-Q3RestatedAnnual report
「In the cram-school industry, the operating environment is undergoing major changes amid the long-standing trend of declining birth rates and these economic conditions, with reforms to the education system and university entrance examinations ahead.」
Continues to describe changes in the cram-school industry's environment against the backdrop of the declining birth rate and economic conditions, with reforms to the education system and university entrance examinations ahead. - FY2019-Q2RestatedAnnual report
「In the cram-school industry, the operating environment is undergoing major changes amid the long-standing trend of declining birth rates and these economic conditions, with reforms to the education system and university entrance examinations ahead.」
Reiterates the view that the environment surrounding the cram-school industry will change as reforms to the education system and university entrance examinations approach against the backdrop of the declining birth rate. - FY2019-Q1ReframedAnnual report
「In the cram-school industry, the operating environment is undergoing major changes amid the long-standing trend of declining birth rates and these economic conditions, with reforms to the education system and university entrance examinations ahead.」
The emphasis has shifted from the previous description of a challenging business environment due to the declining birth rate and recession to the view that the business environment will change substantially as reforms to the education system and university entrance examinations approach. - FY2018-Q3RestatedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Reiterates the challenging business environment against the backdrop of the declining birth rate and economic conditions. - FY2018-Q2RestatedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Continues to describe the challenging business environment against the backdrop of the declining birth rate and economic conditions. - FY2018-Q1RestatedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Reiterates the challenging business environment against the backdrop of the declining birth rate and economic conditions. - FY2017-Q3RestatedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Reiterates the challenging business environment against the backdrop of the declining birth rate and economic conditions. States that there have been no material changes in business and other risks. - FY2017-Q2RestatedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Continues to describe the challenging business environment against the backdrop of the declining birth rate and economic conditions. States that there have been no material changes in business and other risks. - FY2017-Q1First statedAnnual report
「The cram-school industry continued to face a challenging operating environment amid the long-standing trend of declining birth rates, in addition to these economic conditions.」
Describes the declining birth rate and economic conditions as the current challenging business environment in the cram-school industry.