Securing suitable properties needed for new school buildings and deviations from opening plans
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company conducts detailed market research when opening new schools and proceeds with new school openings. However, if it is unable to secure properties in prime locations due to soaring land prices or other factors, or if significant changes in the environment in its target areas result in a substantial gap between its business plan and actual school openings, this may affect the Company's financial condition and operating results.」
The Company continues to face the risk of a gap between property acquisition and school-opening plans due to soaring land prices and changes in local conditions. - FY2025First statedAnnual report
「The Company conducts detailed market research when opening new schools and proceeds with new school openings. However, if it is unable to secure properties in prime locations due to soaring land prices or other factors, or if significant changes in the environment in its target areas result in a substantial gap between its business plan and actual school openings, this may affect the Company's financial condition and operating results.」
The Company identifies, as a separate risk item, the risk that soaring land prices and changes in local conditions may affect property acquisition and school-opening plans as it expands its school network.