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Waseda Academy (4718) · RiskRestated

Declining Student Numbers and Cram-School Attendance Rates Due to the Declining Birthrate

First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2026.

8entries
11years
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ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 120162017: 120172018: 120182019: 020192020: 020202021: 020212022: 220222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Declining Demand for Cram Schools Due to the Falling Birthrate and AI EducationA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Restated".

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  1. FY2026RestatedAnnual report

    「Under these circumstances, our Group will continue to expand its business by improving motivation to enroll and school attendance rates through stronger admissions results at highly selective top schools, securing students through planned expansion of school facilities, and pursuing growth.」

    The Group continues to address the risk posed by the declining birthrate through admissions results at highly selective top schools and planned expansion of school facilities.
  2. FY2026-H1RestatedAnnual report

    「The cram school industry faces the structural challenge of a declining birthrate, while reform of the university entrance examination system and the digitalization of education are progressing. This is creating demand for high-quality educational services that address increasingly diverse needs.」

    The continuing decline in the birthrate is identified as a structural challenge for the cram school industry.
  3. FY2024-Q3RestatedAnnual report

    「The cram school industry is undergoing various education-system reforms, including reform of the university entrance examination system, a review of English education and the promotion of ICT adoption under the Ministry of Education, Culture, Sports, Science and Technology's GIGA School Initiative, requiring a swift response to changes in the business environment. In addition, as the school-age population continues to decline due to the declining birthrate, competition among companies is becoming increasingly intense, including as a result of new entrants from other industries.」

    The decline in the school-age population caused by the declining birthrate continues to be identified as a business-environment risk, alongside new entrants from other industries and intensifying competition.
  4. FY2023-Q1RestatedAnnual report

    「In addition, as the decline in the school-age population caused by the declining birthrate continues amid difficult economic conditions, competition among companies is becoming increasingly intense, including as a result of new entrants from other industries.」

    The decline in the school-age population caused by the declining birthrate continues to be cited as a business-environment risk.
  5. FY2022RestatedAnnual report

    「The cram school and preparatory school industry to which our Group belongs faces the issue of a declining birthrate due to factors including the falling birthrate. The impact of the declining birthrate is not limited to the direct effect of a decrease in the number of enrolled students. It may also lead to a decline in the number of schools and their capacity, or the simplification of entrance examinations, which could weaken students' motivation to enroll in cram schools and reduce school attendance rates.」

    The impact of the declining birthrate on student numbers, motivation to enroll and school attendance rates continues to be identified as a risk.
  6. FY2018RestatedAnnual report

    「The impact of the declining birthrate is not limited to the direct effect of a decrease in the number of enrolled students. It may also lead to a decline in the number of schools and their capacity, or the simplification of entrance examinations, which could weaken students' motivation to enroll in cram schools and reduce school attendance rates.」

    The impact of the declining birthrate on enrolled students, motivation to enroll and school attendance rates continues to be identified as a risk. The policy of responding through admissions results at highly selective schools and the expansion of school facilities is also described.
  7. FY2017RestatedAnnual report

    「The cram school and preparatory school industry to which our Group belongs faces the issue of a declining birthrate due to factors including the falling birthrate. The impact of the declining birthrate is not limited to the direct effect of a decrease in the number of enrolled students. It may also lead to a decline in the number of schools and their capacity, or the simplification of entrance examinations, which could weaken students' motivation to enroll in cram schools and reduce school attendance rates.」

    The impact of the declining birthrate on student numbers, motivation to enroll and school attendance rates continues to be cited as a risk.
  8. FY2016First statedAnnual report

    「The cram school and preparatory school industry faces the issue of a declining birthrate due to factors including the falling birthrate. The impact of the declining birthrate is not limited to the direct effect of a decrease in the number of enrolled students. It may also lead to a decline in the number of schools and their capacity, or the simplification of entrance examinations, which could weaken students' motivation to enroll in cram schools and reduce school attendance rates.」

    The policy also cites responding through admissions results at highly selective schools, planned expansion of school facilities, and Mito Academy and other initiatives.
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Waseda Academy's next results are scheduled for 2026-11-02. Read the earnings preview
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Declining Student Numbers and Cram-School Attendance Rates Due to the Declining Birthrate | WASEDA ACADEMY CO.,LTD. (4718) | Komori