Waseda Academy (4718) · FactFirst stated

Transition to a Single Education-Related Business Segment Due to the Declining Importance of the Real Estate Leasing Business

First written in FY2021-Q1. . Latest entry: FY2021-Q1.

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Exit from the real estate leasing business through its discontinuation and the sale of real estate heldA theme 5 companies write about · 1 as a headwind · 2 as a tailwind

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FY2021-Q1First statedAnnual report
「Our Group previously had two reportable segments, Education-related Business and Real Estate Leasing, but from the first quarter of the current consolidated fiscal year we changed to a single segment, Education-related Business. This change was made because we determined that a single business segment was appropriate, as the significance of the real estate leasing business had declined after we sold most of the rental real estate properties held by the Group in the previous consolidated fiscal year.」
Following the sale of most rental real estate in the previous consolidated fiscal year, the significance of the real estate leasing business declined, and the reportable segments were changed to a single Education-related Business segment.

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Waseda Academy's next results are scheduled for 2026-11-02. Read the earnings preview

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