Impact on Performance and Brand from Contract Violations and Accidents at Franchisee Schools
First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 13 companies on the "Worse" side.
19 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, each franchise school is an independent legal entity. If a franchisee breaches its contract outside the scope of the Group’s supervision, or if a serious accident or other event occurs at one of its locations, this may affect the Group’s operating performance and brand image.」
The Company continues to disclose the risk that contract violations or serious accidents at independently incorporated franchise schools may affect earnings and brand image. - FY2025RestatedAnnual report
「However, each franchise school is an independent legal entity. If a franchisee breaches its contract outside the scope of the Group’s supervision, or if a serious accident or other event occurs at one of its locations, this may affect the Group’s operating performance and brand image.」
The Company continues to disclose the risk that contract violations or serious accidents at independently incorporated franchise schools may affect earnings and brand image. - FY2024RestatedAnnual report
「However, each franchise school is an independent legal entity. If a franchisee breaches its contract outside the scope of the Group’s supervision, or if a serious accident or other event occurs at one of its locations, this may affect the Group’s operating performance and brand image.」
The Company continues to disclose the risk that contract violations or serious accidents at independently incorporated franchise schools may affect earnings and brand image. - FY2022First statedAnnual report
「However, each franchise school is an independent legal entity. If a franchisee breaches its contract outside the scope of the Group’s supervision, or if a serious accident or other event occurs at one of its locations, this may affect the Group’s operating performance and brand image.」
The Company identifies as a major risk the possibility that contract violations or serious accidents at independently incorporated franchise schools, outside the scope of its supervision, may affect earnings and brand image.