Contraction of the Education Market Due to the Declining Birthrate
First written in FY2022. 6 of 8 entries say "Restated". Latest entry: 2026-03-16.
Poper moved to the "Worse" side of this theme in 2026, 1 year after the typical company in this theme (2025).
The whole theme swung hardest in 2025: 4 of 14 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- 2026-03-16ReframedEarnings presentation
「Although the core cram-school market faces the structural challenge of a declining birth rate, we expect its market size to remain firm as education investment becomes more sophisticated and demand for DX becomes established.」
While acknowledging the structural challenge posed by the declining birth rate, the company described the market as firm in light of more sophisticated education investment and established DX demand. - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
There are no material changes regarding the risk of a shrinking education market due to the declining birth rate. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
There are no material changes regarding the risk of a shrinking education market due to the declining birth rate. - FY2023RestatedAnnual report
「If the declining birth rate accelerates and the education market as a whole contracts significantly in the future, the Company's business and operating results may be affected.」
The company continues to address the risk of a shrinking education market due to the declining birth rate by expanding its customer base beyond cram schools. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
No material changes have been disclosed regarding the risk of a shrinking education market due to the declining birth rate. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
No material changes have been disclosed regarding the risk of a shrinking education market due to the declining birth rate. - FY2023-Q1RestatedAnnual report
「During the six months ended [current first quarter], there was no emergence of new business or other risks, nor any material change in the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes have been disclosed regarding the risk of a shrinking education market due to the declining birth rate. - FY2022First statedAnnual report
「If the declining birth rate accelerates and the education market as a whole contracts significantly in the future, the Company's business and operating results may be affected.」
The Company states that it will mitigate the impact by targeting customers with a teacher-student structure, rather than limiting its focus to cram schools.