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Waseda Academy (4718) · RiskRestated

Brand Damage from 個別進学館’s Franchise Operations

First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.

5entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018ReframedFY2022-Q32016: 120162017: 120172018: 120182019: 020192020: 020202021: 020212022: 120222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies
Brand damage caused by franchisee conductA theme 33 companies write about · 34 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 4 of 12 companies on the "Worse" side.

18 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 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「The company provides franchisees with ongoing guidance and support in school operations, academic administration systems, and instructor training, and is working to establish a system capable of delivering high-quality, consistent instructional services.」

    It reiterates the ongoing support for school operations, academic administration systems, and instructor training in the franchise expansion of Waseda Academy Individual Advancement Center, as well as measures addressing the risk of brand damage.
  2. FY2022-Q3ReframedAnnual report

    「The group's cram school for high-achieving students, Waseda Academy Individual Advancement Center, is operated through directly managed schools run separately by the company and its subsidiary 株式会社個別進学館, while 株式会社個別進学館 is also promoting franchise expansion.」

    The operating structure changed from the previous franchise model based on joint expansion with MEIKO NETWORK JAPAN CO.,LTD. to a group-only structure in which the company and its wholly owned subsidiary operate directly managed and franchised schools. The risk of brand damage caused by accidents or contractual breaches at franchise schools continues.
  3. FY2018RestatedAnnual report

    「In expanding the franchise business, in addition to the management guidance provided to franchisees by MEIKO NETWORK JAPAN CO.,LTD., the company provides ongoing guidance and support in academic administration and instructor training, and is working to establish a system capable of delivering high-quality, consistent academic services.」

    It continues to provide support for academic administration and instructor training in the franchised operation of Waseda Academy Individual Advancement Center, as well as addressing the risk of brand damage caused by accidents or contractual breaches.
  4. FY2017RestatedAnnual report

    「However, if a serious accident occurs, or an incident constituting a breach of contract arises, at a school under the relevant brand operated by a franchisee in circumstances beyond the control of the company or MEIKO NETWORK JAPAN CO.,LTD., this could lead to a decline in the overall brand image of Waseda Academy Individual Advancement Center and a loss of trust in the Waseda Academy brand, potentially affecting the group's business.」

    It reiterates the risk of brand damage caused by accidents or contractual breaches at Waseda Academy Individual Advancement Center franchise schools.
  5. FY2016First statedAnnual report

    「If a serious accident occurs, or an incident constituting a breach of contract arises, at a school under the relevant brand operated by a franchisee in circumstances beyond the control of the company or MEIKO NETWORK JAPAN CO.,LTD., this could lead to a decline in the overall brand image of Waseda Academy Individual Advancement Center and a loss of trust in the Waseda Academy brand, potentially affecting the group's business.」

    Countermeasures include ongoing guidance on academic administration and instructor training, support for franchisees, and initiatives to improve the brand image.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Waseda Academy's next results are scheduled for 2026-11-02. Read the earnings preview
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Brand Damage from 個別進学館’s Franchise Operations | WASEDA ACADEMY CO.,LTD. (4718) | Komori