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S Crypto Energy (5721) · RiskDropped

Decline in Student Enrollment in the Education Business

First written in FY2017-Q1. 8 of 16 entries say "Restated". Latest entry: FY2026.

16entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY20262016: 220162017: 420172018: 420182019: 320192020: 120202021: 120212022: 020222023: 020232024: 020242025: 020252026: 12026
Same theme, other companies
Lower revenue due to a decline in education business student numbersA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

S Crypto Energy moved to the "Worse" side of this theme in 2017.

0 other companies' latest entry also says "Dropped".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026DroppedAnnual report

    「As the company remained unable to improve profitability amid changes in the business environment, it decided to discontinue the business during the current fiscal year.」

    With the education business discontinued, the former education-business risk based on an assumed decline in the number of students has been removed from the business description.
  2. FY2021RestatedAnnual report

    「The education industry faces the major problem of a declining birth rate. By reorganizing our company-operated business and converting it to a franchise model, we are working to break away from a loss-making structure.」

    The full-year disclosure reconfirms concerns over a decline in the number of students and market size due to the declining birth rate, as well as the policy of reorganizing the company-operated business and converting it to a franchise model.
  3. FY2020RestatedAnnual report

    「The education industry faces the major problem of a declining birth rate. By reorganizing our company-operated business and converting it to a franchise model, we are working to break away from a loss-making structure.」

    The full-year disclosure again describes concerns over a shrinking education market due to the declining birth rate and the policy of addressing this through conversion to a franchise model.
  4. FY2020-Q2RestatedAnnual report

    「Due to the impact of the full conversion of cram-school locations to franchised operations, revenue was ¥9 million, down 85.2% from ¥63 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥16 million, compared with a segment loss of ¥50 million in the same quarter of the previous year.」

    The impact of the contraction of the education business continues. In this disclosure, the full conversion to a franchise model, rather than the number of students itself, is identified as a factor behind the decline in revenue.
  5. FY2019RestatedAnnual report

    「The education industry faces the problem of a declining birth rate. By fully converting our operations to a franchise model, we are working to break away from a loss-making structure.」

    The full-year disclosure also describes the risk of a shrinking education market due to the declining birth rate and the policy of addressing this through full conversion to a franchise model.
  6. FY2019-Q3WorsenedAnnual report

    「Revenue was ¥85 million, down 45.5% from ¥156 million in the same quarter of the previous year, due to the failure to secure the number of students anticipated for the winter courses and the impact of a major business review to eliminate future losses, including the full conversion of the cram-school branches to franchises from December.」

    The company was unable to secure the number of students anticipated for the winter courses, and revenue from the education business fell 45.5% year on year.
  7. FY2019-Q2WorsenedAnnual report

    「Due to the impact of declines in the number of classrooms and students and higher restructuring-related expenses compared with the same period of the previous year, revenue was ¥63 million, down 40.0% from ¥106 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥50 million, compared with a segment loss of ¥60 million in the same quarter of the previous year.」

    The decline in revenue from the education business due to decreases in the number of classrooms and students reached 40.0%, indicating a greater impact than in the same period of the previous year. Meanwhile, the segment loss narrowed from the previous year.
  8. FY2019-Q1RestatedAnnual report

    「Due to the impact of declines in the number of classrooms and students compared with the same period of the previous year, revenue was ¥28 million, down 37.1% from ¥45 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥24 million, compared with a segment loss of ¥28 million in the same quarter of the previous year.」

    Although the decline in revenue due to decreases in the number of classrooms and students continues, the segment loss narrowed to ¥24 million from ¥28 million in the same period of the previous year.
  9. FY2018WorsenedAnnual report

    「The number of students declined as unprofitable classrooms were closed through extensive restructuring. Revenue was ¥198 million, down 38.2% from ¥321 million in the same period of the previous year, and the segment loss (operating loss) widened to ¥125 million from ¥44 million in the same period of the previous year.」

    Due to the decline in the number of students accompanying the closure of unprofitable classrooms, full-year revenue fell 38.2% and the segment loss widened to ¥125 million.
  10. FY2018-Q3WorsenedAnnual report

    「Due to a decrease in the number of students following the closure of some school locations and higher expenses resulting from major restructuring, revenue was ¥156 million, down 37.0% from ¥247 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥93 million, compared with a segment loss of ¥23 million in the same quarter of the previous year.」

    The decline in education business revenue reached 37.0% as the number of students fell, and the segment loss widened to ¥93 million.
  11. FY2018-Q2WorsenedAnnual report

    「Due to a decrease in the number of students following the reduction of some school locations and higher expenses resulting from major restructuring, revenue was ¥106 million, down 36.8% from ¥168 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥60 million, compared with a segment loss of ¥15 million in the same quarter of the previous year.」

    In addition to the decline in the number of students, restructuring costs were incurred, resulting in a 36.8% decline in education business revenue and a segment loss of ¥60 million.
  12. FY2018-Q1WorsenedAnnual report

    「Due to the impact of declines in the number of classrooms and students compared with the same period of the previous year, revenue was ¥45 million, down 42.1% from ¥78 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥28 million, compared with a segment loss of ¥10 million in the same quarter of the previous year.」

    The number of classrooms and students continued to decline, resulting in a larger year-on-year decrease in education business revenue and a larger segment loss.
  13. FY2017RestatedAnnual report

    「In the education business, the environment for operating cram schools makes it difficult to expect an increase in the number of students due to the declining birthrate and other factors.」

    The decline in the number of students and the difficulty of increasing enrollment are presented as ongoing risks arising from the declining birthrate.
  14. FY2017-Q3RestatedAnnual report

    「The number of students declined because some school locations were closed or converted to franchised operations. Revenue was ¥247 million, down 19.6% from ¥308 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥23 million, compared with a segment loss of ¥15 million in the same quarter of the previous year.」

    The decline in the number of students accompanying the closure of school locations and their conversion to franchised operations continues to contribute to the decrease in education business revenue.
  15. FY2017-Q2RestatedAnnual report

    「Revenue was ¥168 million, down 18.2% from ¥206 million in the same quarter of the previous year, due to a decrease in the number of students following the reduction of some school locations.」

    The decline in the number of students accompanying the reduction of school locations continues to be cited as a factor behind the decrease in education business revenue.
  16. FY2017-Q1First statedAnnual report

    「Due to the impact of closures of unprofitable classrooms and a decline in the number of students, revenue was ¥78 million, down 17.9% from ¥95 million in the same quarter of the previous year, and the segment loss (operating loss) was ¥10 million, compared with a segment loss of ¥11 million in the same quarter of the previous year.」

    A decline in the number of students is cited as a factor behind the decrease in education business revenue.
Moved together

"Uncertainty over the outlook stemming from the UK's withdrawal from the EU, the Chinese economy, financial instability and yen appreciation" moved the same way as this thread, in the same document, in 4 of its 16 moves.

4432★1234
  1. ★This thread
  2. 1Uncertainty over the outlook stemming from the UK's withdrawal from the EU, the Chinese economy, financial instability and yen appreciation4×
  3. 2Negative operating cash flow and declining cash balance4×
  4. 3Declining Revenue and the Shift to Operating, Ordinary and Net Losses3×
  5. 4Increase in education business expenses due to extensive restructuring2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Decline in Student Enrollment in the Education Business | S Crypto Energy Inc. (5721) | Komori