Dependence on partnership tutoring-school agreements with Yotsuya Otsuka
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「The principal terms of the affiliated-school agreement provide that the company may purchase teaching materials issued by 株式会社四谷大塚 at a specified rate, or discounted price, provide instruction in accordance with its curriculum, and perform services on its behalf as an authorised test venue. The agreement has been renewed smoothly since it was signed in September 1997, with automatic renewal every 2 years.」
It continues to explain that the agreement with Yotsuya Otsuka is automatically renewed every 2 years and that the impact if it cannot be renewed would be limited. - FY2021ReframedAnnual report
「株式会社四谷大塚 is a pioneer in instruction for junior-high-school entrance examinations, but it has been made a wholly owned subsidiary of Nagase Brothers Inc., whose principal business is instruction for university entrance examinations. If the agreement is not renewed for any reason, the impact will be limited, including the loss of access to teaching materials at discounted prices and the inability to operate authorised test venues.」
It states that Yotsuya Otsuka, the partner company, has become a wholly owned subsidiary of Nagase Brothers Inc., while adding that the impact if the agreement cannot be renewed would be limited and that new curricula could also be developed using the company's proprietary expertise. - FY2018RestatedAnnual report
「The company plans to continue maintaining its business relationship with 株式会社四谷大塚. However, if the agreement can no longer be renewed, the group's performance could be affected because it may become difficult to provide services as an authorised test venue or because transitioning to a new instructional curriculum may take time.」
It reiterates the policy of maintaining the business relationship with Yotsuya Otsuka and the potential impact on services and curricula if the agreement cannot be renewed. - FY2017RestatedAnnual report
「The company plans to continue maintaining its business relationship with 株式会社四谷大塚. However, if the agreement can no longer be renewed, the group's performance could be affected because it may become difficult to provide services as an authorised test venue or because transitioning to a new instructional curriculum may take time.」
It reiterates the policy of maintaining the business relationship with Yotsuya Otsuka and the potential impact on services and curricula if the agreement cannot be renewed. - FY2016First statedAnnual report
「The company plans to continue maintaining its business relationship with 株式会社四谷大塚. However, if the agreement can no longer be renewed, the group's performance could be affected because it may become difficult to provide services as an authorised test venue or because transitioning to a new instructional curriculum may take time.」
The agreement is automatically renewed every 2 years. The company explains that it can also develop new curricula using its proprietary expertise.