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Nagase Brothers (9733) · InitiativeAdvanced

Broadening the student base through special invitation classes for regular test preparation

First written in FY2020-Q1. 3 of 7 entries say "Advanced", first in FY2024. Latest entry: FY2026.

7entries
8years
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How it moved
ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2020AdvancedFY2025 – FY20262019: 220192020: 120202021: 020212022: 020222023: 020232024: 220242025: 120252026: 12026
Same theme, other companies
Driving Enrollment and Strengthening Student Recruitment at Cram Schools, and Expanding Course OfferingsA theme 14 companies write about · 1 as a headwind · 32 as a tailwind

The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.

4 other companies' latest entry also says "Advanced".

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. FY2026AdvancedAnnual report

    「The number of students enrolled during the period exceeded the previous year, and enrollments during the February and March recruitment period for the new academic year also increased, supported by strong examination results, resulting in a ¥2,711 million increase in revenue from the same period of the previous year.」

    In the high school student segment, enrollment during the period and new enrollments in February and March increased, resulting in a ¥2,711 million increase in revenue year on year.
  2. FY2025AdvancedAnnual report

    「New student enrollments remained strong throughout the year, and enrollments during the February and March recruitment period for the new academic year also rose well above the previous year. As a result, the revenue impact of the decline in enrollment at the end of the previous fiscal year was recovered, and revenue increased by ¥339 million from the same period of the previous year.」

    Strong new enrollments throughout the year and growth in February and March recruitment enabled the high school student segment to recover from the impact of the decline in enrollment at the end of the previous fiscal year, resulting in a ¥339 million increase in revenue.
  3. FY2025-H1RestatedAnnual report

    「The high school student segment continued to be affected by the decline in enrolled students at the end of the previous fiscal year, resulting in a decrease of ¥210 million from the same period of the previous year. However, as the number of new student enrollments since April, including summer recruitment, remained strong, enrollment at the end of September exceeded the previous year's level, and operating revenue increased year on year in the second quarter.」

    Although the impact of the decline in enrollment at the end of the previous fiscal year remained, strong new enrollments from April onward resulted in enrollment at the end of September exceeding the previous year's level.
  4. FY2024AdvancedAnnual report

    「In March 2024, in addition to its existing university entrance examination courses, the company established individualized instruction courses tailored to each high school for students seeking to improve their school grades. It began efforts to broaden its enrolled student base by appealing to new segments, including students attending individual tutoring schools who had not previously attended Toshin and students seeking school recommendations or comprehensive selection.」

    In March 2024, the company established individualized instruction courses tailored to each high school and began expanding its target audience to include students attending individual tutoring schools and those seeking school recommendations or comprehensive selection.
  5. FY2020Expanded measures to broaden the student baseAnnual report

    「In addition, the company newly launched a special invitation course for regular test preparation and a one-day trial program for first- and second-year high school students, a Super Elite Course offering early learning for academically advanced students entering the first year of middle school, and a Medical School Advanced Course focused on medical school entrance examinations. It also continued to offer the National Unified Test, which it established last fiscal year as a twice-yearly test to improve academic ability for students from elementary through high school, and worked to expand the student base of the group.」

    In addition to the existing invitation courses and one-day trial program, the company launched new courses for early learning for students entering the first year of middle school and for medical school entrance examinations, expanding its measures to broaden the student base.
  6. FY2020-Q2Added one-day trial programAnnual report

    「To expand the student base of the group, the company offered a special invitation course for regular test preparation and a one-day trial program for first- and second-year high school students.」

    In addition to the special invitation course for regular test preparation for first- and second-year high school students, the company explicitly identified the one-day trial program as a measure to expand its student base.
  7. FY2020-Q1First statedAnnual report

    「A new special invitation course for regular test preparation was offered to first- and second-year high school students, providing an opportunity to expand the student base of the group.」

    The company offered a new invitation course for first- and second-year high school students, explicitly presenting it for the first time as a measure to expand its student base.
Moved together

"Promoting IT and DX Training for Companies as a New Growth Area" moved the same way as this thread, in the same document, in 3 of its 7 moves.

333222★123456
  1. ★This thread
  2. 1Promoting IT and DX Training for Companies as a New Growth Area3×
  3. 2Securing Revenue Based on a Track Record of Admissions to Highly Selective Universities3×
  4. 3Revenue Growth and Shift to Loss in the Other Segment3×
  5. 4Cost Management through Operational Improvements and Greater Efficiency2×
  6. 5High School Segment Falling Short of Plan and Divergence in Performance Across Segments2×
  7. 6Business school division returns to profitability2×

★ 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.

When this could move next
Nagase Brothers's next results are scheduled for 2026-10-27. Read the earnings preview
News
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