Brand Damage Caused by Accidents or Contractual Violations at Overseas Schools and Partner Schools
First written in FY2023. 1 of 2 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company will continue to provide guidance and support to Gakken Study and its overseas subsidiaries. However, if a serious accident occurs or an event constituting a contractual violation arises at a school operating under the Waseda Academy brand by an overseas subsidiary of Gakken Study, this could lead to a decline in confidence in the Waseda Academy brand as a whole and affect the Group's business results.」
The risk of brand damage caused by accidents or contractual violations at overseas partner schools, and the policy of providing guidance and support to Gakken Study and others, are being continued. - FY2023First statedAnnual report
「The Company will continue to provide guidance and support to Gakken Study and its overseas subsidiaries. However, if a serious accident occurs or an event constituting a contractual violation arises at a school operating under the Waseda Academy brand by an overseas subsidiary of Gakken Study, this could lead to a decline in confidence in the Waseda Academy brand as a whole and affect the Group's business results.」
The risk that serious accidents or contractual violations at overseas partner schools could affect confidence in the Waseda Academy brand as a whole and business results was described for the first time as an independent risk associated with the expansion of overseas operations.