Agreements reached under this partnership
Termination of the capital and business alliance- 1
Introduction of individually tailored online classes for university entrance examinations
- 2
Leasing of classrooms in Sapporo
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact of the termination of this capital and business alliance on the Company's consolidated results is expected to be minor.
| Item | Details |
|---|---|
| Name of alliance partner | GAKKEN HOLDINGS CO.,LTD. |
| Alliance partner's business activities | Education and tutoring services, publishing content, schools and nursery facilities, senior housing, group homes for people with dementia, and childcare support services |
| Alliance partner's location | Shinagawa Ward, Tokyo |
| Alliance partner's capital | ¥19,817 million |
| Alliance partner's net sales | ¥199,119 million (fiscal year ended September 2025) |
| Alliance partner's operating income | ¥8,237 million (fiscal year ended September 2025) |
| Type of alliance | Termination of the capital and business alliance |
| Details of the alliance | Introduction of individually tailored online classes for university entrance examinations, Leasing of classrooms in Sapporo |
| Number of shares acquired | 467,000 shares of GAKKEN HD held by the Company (1.13% voting rights ownership ratio), and 1,191,300 shares of the Company held by GAKKEN HD (7.16% voting rights ownership ratio) |
| Shareholding ratio | The Company's ownership ratio of GAKKEN HD shares: 1.13%; GAKKEN HD's ownership ratio of the Company's shares: 7.16% → Not disclosed |
| Dispatch of directors and officers | There are no matters concerning personnel relationships that require disclosure. |
| Shareholding Policy | The shares will be held for investment purposes until the sale is completed. They are scheduled to be sold in the market in a manner that does not affect the market. |
| Date of board resolution | 27 March 2026 |
| Contract Date | 2 October 2017 (date the capital and business alliance agreement was executed) |
| Alliance start date | 2 October 2017 |
| Impact on Business Performance | The impact of the termination of this capital and business alliance on the Company's consolidated results is expected to be minor. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following discussions in light of changes in the business environment and the direction of the two companies' management strategies, the companies determined that the business alliance had fulfilled a certain role and that operating their businesses independently would contribute to enhancing corporate value.