Kyoshin (4735) · InitiativeAdvanced
Expansion of the Australian language education business through the acquisition of SELC Australia
First written in FY2021-Q2. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
2entries
1years
0from disclosures
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Same theme, other companies
Expansion through the acquisition and brand integration of the foreign-language education businessA theme 2 companies write about · 0 as a headwind · 4 as a tailwind
0 other companies' latest entry also says "Advanced".
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Full recordFilings, disclosures and news, newest first
- FY2021AdvancedAnnual report
「In the English conversation business, we operate Universal Campus, which mainly serves preschool and elementary school children; Koper English Conversation, an English conversation school for adults; English Language Company Australia Pty Ltd., an English conversation school in Australia for students studying in an English-speaking country; and SELC Australia Pty Ltd., a vocational school.」
The company identifies the Australian language schools and vocational schools, including SELC Australia acquired in the previous fiscal year, as its operating structure for the full-year English conversation business. - FY2021-Q2First statedAnnual report
「Based on a resolution of the Board of Directors dated 12 June 2020, the company acquired all issued shares of SELC Australia Pty Ltd (Australia) on 30 October 2020 and made it a consolidated subsidiary.」
The company acquired all issued shares of Australia's SELC Australia Pty Ltd. and made it a consolidated subsidiary on 30 October 2020. Because the difference from the deemed acquisition date was no more than 3 months, only the balance sheet was consolidated for the quarter in the quarterly consolidated financial statements.