Risk of shortfall in new cram-school opening plans due to difficulty securing properties
First written in FY2019. 3 of 6 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
Riso Kyoiku Group moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「If properties cannot be secured due to factors such as soaring construction material costs and construction delays, making it impossible to expand the classroom network as planned, this may affect the Group's operating results and financial condition.」
Soaring construction material costs and construction delays were added as specific causes of the previously identified difficulty in securing properties. The likelihood is assessed as low and the impact as high. - FY2024MitigatedAnnual report
「Likelihood: Low Potential timing: No specific timing Impact: High」
The likelihood of difficulty securing properties is assessed as low, and trade-area surveys, early securing of properties and priority introductions from Hulic continue to be listed as responses. - FY2023MitigatedAnnual report
「The Group conducts trade-area surveys and works to secure properties at an early stage by allowing a reasonable period before opening each school. In addition, through the business alliance with Hulic Co.,Ltd., we are addressing this risk by receiving priority introductions to prime properties near stations.」
In addition to trade-area surveys and early securing of properties, the response of continuing to receive priority introductions to prime properties near stations from Hulic remains disclosed. - FY2022MitigatedAnnual report
「In addition, through the business alliance with Hulic Co.,Ltd., we are addressing this risk by receiving priority introductions to prime properties near stations.」
The disclosed response to the difficulty of securing properties is to receive priority introductions to prime properties near stations through the business alliance with Hulic. - FY2020RestatedAnnual report
「The Group plans to develop classrooms steadily, primarily in the Tokyo metropolitan area, by opening new schools and expanding, relocating and renovating existing schools. However, if it cannot secure properties and is unable to develop classrooms as planned, this may affect its business performance and financial condition.」
The risk of difficulty securing properties in connection with opening new schools and relocating and renovating existing schools continued to be stated. - FY2019First statedAnnual report
「If the Group is unable to secure properties and cannot develop classrooms as planned, this may affect its business performance and financial condition.」
The Company first explicitly stated the risk of an inability to secure properties affecting its plans to open new schools and relocate and renovate existing schools, primarily in the Tokyo metropolitan area.