Decline in music-school student numbers
First written in FY2017-Q1. 5 of 8 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2026-H1.
Kawai Musical Instruments Manufacturing moved to the "Worse" side of this theme in 2025.
0 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「Although the effects of various initiatives, including efforts to raise brand awareness, were visible in the instrument education business, sales volumes declined in China, where the impact of the dual-circulation policy continued, and in Europe and the United States, where consumer sentiment deteriorated due to higher prices. Together with the decline in the number of students at domestic music and physical education schools, this resulted in net sales of ¥27,362 million, down 6.9% year on year, and an operating loss of ¥853 million, compared with an operating loss of ¥647 million in the previous year.」
The decline in student numbers at domestic music and physical education schools is explicitly cited as a factor behind the decline in sales and the increase in the operating loss of the instrument education business. - FY2022-Q2MitigatedAnnual report
「Music and physical education schools improved significantly as the company worked to prevent the spread of COVID-19 and student recruitment and event activities remained solid.」
Student recruitment remained solid, and improvement in response to the previous risk of declining student numbers continues. - FY2022-Q1MitigatedAnnual report
「Music and physical education schools improved significantly, mainly because spring student recruitment remained solid during the current period, compared with the previous period, which was heavily affected by domestic class suspensions associated with the spread of COVID-19.」
Regarding the impact of class suspensions and student recruitment in the previous period, the company states that solid spring student recruitment led to a significant improvement in the school business. - FY2020-Q1MitigatedAnnual report
「At music schools, stronger recruitment activities increased the number of students in the core piano course.」
The company explains that stronger recruitment activities increased the number of students in the core piano course, reversing the previous decline in student numbers. - FY2018MitigatedAnnual report
「Music schools saw an increase in both the number of students and sales as a result of continued efforts focused on expanding piano courses.」
The company confirmed for the full year that the number of students had begun to increase, reversing the previous decline. - FY2017-Q3MitigatedAnnual report
「To expand the business, we stepped up reciprocal enrollment between Gakken Schools and Kawai Music Schools and enhanced the value of school operations, which has led to a recovery in the number of students.」
The company explains that the number of students recovered through efforts to enhance the value of school operations in response to the decline, and began to increase in the current quarter. - FY2017-Q2RestatedAnnual report
「As a result of efforts to improve profitability, including stepped-up recruitment focused on piano courses and the opening of new schools, the decline in the number of students was brought to a halt,」
While the decline in music-school student numbers continues to be mentioned, the company also continues to state that the decline has been brought to a halt. - FY2017-Q1First statedAnnual report
「The decline in the number of students was brought to a halt,」
The disclosure identifies the decline in the number of students as an issue, while stating that the decline was brought to a halt in the current quarter.