Strengthening the child development and education business by making やる気スイッチグループ a consolidated subsidiary
First written in FY2023. 5 of 11 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Higher revenue but lower operating profit in the education businessAnnual report
「Yaruki Switch Group operates tutoring schools and early-childhood education and other businesses. Revenue increased owing to growth in the number of classrooms and students, but profit declined because of higher personnel expenses and other factors.」
Following the consolidation of the early childhood development and education business, revenue increased as the number of schools and students grew, while higher personnel expenses resulted in lower profit. - FY2026-H1Education business: higher revenue but lower profit due to higher personnel expensesAnnual report
「やる気スイッチグループ operates individual tutoring schools and early childhood education and other businesses. Revenue increased as the number of schools and students remained firm, but profit declined due to higher personnel expenses.」
The education business posted higher revenue as the number of schools and students remained firm, while higher personnel expenses resulted in lower profit. - FY2025-H1Higher revenue but lower operating profit in the education businessAnnual report
「やる気スイッチグループ operates individual tutoring schools and early childhood education and other businesses. Revenue in the segment increased, partly due to its consolidation in June 2023, but operating profit declined due to higher personnel and advertising expenses and amortization of goodwill.」
The consolidation of やる気スイッチグループ increased revenue in the education business, while higher personnel, advertising and goodwill amortization expenses reduced operating profit. - FY2024AdvancedAnnual report
「Resolved to acquire shares of やる気スイッチグループホールディングス and make it a consolidated subsidiary, and acquired the shares on 29 June 2023.」
Completed the acquisition to strengthen the early childhood development and education business, bringing the voting rights ratio to 80.7% after the additional acquisition. The newly consolidated individual tutoring school and early childhood education businesses were reflected in full-year results. - FY2024-Q2AdvancedAnnual report
「やる気スイッチグループ operates individual tutoring schools and early childhood education businesses. The addition to the consolidated group resulted in increases in both revenue and operating profit.」
The consolidation of やる気スイッチグループ was reflected in second-quarter results as higher revenue and operating profit from the newly consolidated individual tutoring school and early childhood education businesses. - FY2024-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 12 May 2023, we resolved to acquire shares of やる気スイッチグループホールディングス and make it a consolidated subsidiary, and acquired the shares on 29 June 2023.」
Completed the acquisition of やる気スイッチグループ to strengthen the early childhood development and education business, making it a consolidated subsidiary with a voting rights ratio of 78.0% and acquisition consideration of ¥28,732 million. The voting rights ratio was scheduled to reach 80.7% after the additional acquisition on 31 July. - FY2023First statedAnnual report
「To strengthen and promote the early childhood development and education business, one of the priority areas of the EDGE Strategy at the core of TBS Group VISION2030」
Acquired 78.0% of the shares of やる気スイッチグループホールディングス for ¥28,732 million on 29 June 2023, making the early childhood development and education business a priority area of the EDGE Strategy.