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Waseda Academy (4718) · RiskRestated

Major changes to education policy and education systems

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

8entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20262016: 120162017: 120172018: 120182019: 120192020: 020202021: 020212022: 020222023: 020232024: 220242025: 120252026: 12026
Same theme, other companies
Delayed response to rapid changes in the educational environment and customer needsA theme 15 companies write about · 12 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.

3 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「In the supplementary education services industry, the market is shrinking as the declining birth rate progresses, while the burden on household budgets is increasing because of higher prices. Customer needs are also diversifying as a result of changes in national education policies, including the expansion of free high-school tuition and reforms to the university entrance examination system. The company is therefore required to provide high-value-added educational services that meet these needs.」

    It states that the company continues to face the need to respond to changes in the educational environment and policies, including the declining birth rate, higher prices, the expansion of free tuition, and reforms to the university entrance examination system.
  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.」

    It reconfirms that reforms to the university entrance examination system and the digitalisation of education are progressing, creating an environment in which the company must respond to increasingly diverse needs.
  3. FY2025-H1RestatedAnnual report

    「In the cram-school industry, as university entrance examination reforms and the digitalization of the educational environment advance, there is a growing need to provide educational services that respond to diversifying values and changes in the social environment.」

    It states that the company continues to face the need to respond to changes in the education system and environment, including reforms to the university entrance examination system and the digitalisation of the educational environment.
  4. FY2024-Q3RestatedAnnual report

    「In the cram-school industry, various education system reforms are under way, including university entrance examination reforms, 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. The industry is required to respond rapidly to changes in the operating environment.」

    The disclosure describes university entrance examination reforms, the review of English education, and ICT adoption under the GIGA School Initiative as ongoing changes in the education system requiring continued responses.
  5. FY2019-Q3RestatedAnnual report

    「In the education industry, amid preparations for the 2020 education system reforms, including the launch of the Common Test for University Admissions and the transition to the new Courses of Study, the spread of educational services using digital technology and moves by companies from other industries and start-ups to enter the industry have also accelerated, intensifying competition to differentiate services.」

    The launch of the Common Test for University Admissions and the transition to the new Courses of Study, among other aspects of the 2020 education system reforms, continue to be described as important factors in the business environment.
  6. FY2018RestatedAnnual report

    「The Group works to gather information early on changes to the system and, as necessary, revises teaching materials and curricula and reviews course specifications. To date, no confusion or delays in responding to system changes have occurred, and the Group believes it will continue to respond flexibly and promptly. However, if sudden, unexpected changes occur, or major changes fundamentally destabilize the current entrance examination system, the time required to develop corresponding curricula and teaching materials, change classrooms and allocate personnel may affect the Group's business performance.」

    The Group continues to address the risk of changes to education systems and education policy through information gathering and revisions to teaching materials and curricula.
  7. FY2017RestatedAnnual report

    「Education systems such as entrance examinations and the Courses of Study, together with the education policies underlying them, are subject to various changes by the authorities.」

    The Group continues to identify changes to education policy and systems, and the resulting burden of adapting teaching materials and curricula, as risks.
  8. FY2016First statedAnnual report

    「Education systems such as entrance examinations and the Courses of Study, together with the education policies underlying them, are subject to various changes by the authorities. If sudden, unexpected changes occur, or major changes fundamentally destabilize the current entrance examination system, the time required to develop corresponding curricula and teaching materials, change classrooms and allocate personnel may affect the Group's business performance.」

    The measures include information gathering by the Academic Affairs Department and University Entrance Examination Department, revisions to teaching materials and curricula, and reviews of course specifications.
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Waseda Academy's next results are scheduled for 2026-11-02. Read the earnings preview
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Major changes to education policy and education systems | WASEDA ACADEMY CO.,LTD. (4718) | Komori