Concentration in the Tokyo metropolitan area and securing school properties
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
1 other company's latest entry also says "Restated".
- FY2018RestatedAnnual report
「All of the cram schools operated by the group are in the Tokyo metropolitan area. The group plans to continue expanding its schools under a directly operated model, primarily in the Tokyo metropolitan area. However, if suitable properties cannot be secured at the appropriate time, the group's performance could be affected by delays in plans to open new schools.」
It continues to identify concentration in the Tokyo metropolitan area and the risk of delays to school expansion if suitable leased properties cannot be secured. - FY2017RestatedAnnual report
「All of the cram schools operated by the group are in the Tokyo metropolitan area. The group plans to continue leasing buildings, primarily in the Tokyo metropolitan area, and opening schools under a directly operated model. However, if suitable properties cannot be secured at the appropriate time, the group's performance could be affected by delays in plans to open new schools.」
It continues to identify concentration in the Tokyo metropolitan area and the securing of leased properties as risks to school expansion. - FY2016First statedAnnual report
「All of the cram schools operated by the group are in the Tokyo metropolitan area. The group plans to continue leasing buildings, primarily in the Tokyo metropolitan area, and opening schools under a directly operated model. However, if suitable properties cannot be secured at the appropriate time, the group's performance could be affected by delays in plans to open new schools.」
The company identifies the geographic concentration of its business locations and the securing of leased properties as risks to its school expansion.