Temporary Closure and Reopening of Classes Due to COVID-19
First written in FY2021-Q1. 7 of 14 entries say "Reframed", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「COVID-19, which spread worldwide in 2020, has been reclassified as a Category V disease under Japan’s Infectious Diseases Control Law, and social activity has returned to normal. However, if the spread of a new virus or other infectious disease leads to a state of emergency and prolonged stagnation in the domestic economy, our results could be affected.」
The disclosure has shifted from the impact of existing COVID-19 on classroom closures and enrollment to a description of future risks from a state of emergency and economic stagnation caused by the spread of a new infectious disease, assuming a return to normal operations after COVID-19 was reclassified as a Category V disease. - FY2025-Q1ReframedAnnual report
「Although the effects of COVID-19 have diminished since last year and schools and extracurricular activities have regained their vitality, activities and learning outside school have not become sufficiently active, and the number of students attending cram school has not yet increased.」
The disclosure has shifted from classroom closures and the infection risk itself to the insufficient recovery in activities and learning outside school after the effects of the infectious disease diminished, and the failure of the number of students attending cram school to increase. - FY2024ReframedAnnual report
「In Japan, COVID-19 has been reclassified as a Category V disease under the Infectious Diseases Control Law, and economic conditions are expected to improve as social activity returns to normal. However, if the spread of COVID-19 or a new infectious disease leads to a state of emergency and prolonged stagnation in the domestic economy, our results could be affected.」
The disclosure has shifted from the impact of the infectious disease on classroom closures and enrollment to a description of a future risk of a state of emergency and economic stagnation caused by a resurgence of COVID-19 or a new infectious disease, while taking into account its reclassification as a Category V disease and the normalization of social activity. - FY2024-Q3ReframedAnnual report
「At our company, the environment in which school events and extracurricular activities became more active as behavioral restrictions were eased weakened our ability to attract students. As a result, new enrollments from March through the spring vacation fell below the previous year’s actual results, and the number of students remained below expectations from the beginning of the fiscal year.」
The focus has shifted from the infectious disease itself, including classroom closures and infection risks, to the impact of more active school events and extracurricular activities after behavioral restrictions were eased, which weakened students’ motivation to attend cram school and the company’s ability to attract students, causing new enrollments and the number of students at the beginning of the fiscal year to fall below expectations. - FY2024-Q2ReframedAnnual report
「At our company, as COVID-19 restrictions were eased at elementary and junior-high schools, school events and extracurricular activities became more active. In addition to the sense of liberation after nearly 3 years of behavioral restrictions, heightened awareness of curbing consumption meant that we were unable to increase the number of students from the start of the new school year. As a result, the number of students at the beginning of the fiscal year ending in March fell below expectations, and the number of new enrollments from March through the spring vacation also fell below target. The number of new enrollments remained solid and showed some recovery from April onward, and signs of recovery have emerged, but the improvement was not sufficient to offset the decline at the beginning of the fiscal year.」
The company explains that the number of students and new enrollments at the beginning of the fiscal year fell below expectations and targets against a backdrop of more active school events and extracurricular activities after restrictions were eased, a sense of liberation from behavioral restrictions, and heightened awareness of curbing consumption. It also mentions signs of recovery from April onward. - FY2024-Q1ReframedAnnual report
「In the cram-school industry, as infectious-disease precautions were gradually relaxed and schools and extracurricular activities regained their vitality, more students began participating actively in extracurricular activities and school events as a reaction to the restrictions imposed previously. As a result, during the spring when the new school year began, an increasing number of students refrained from attending cram school, and the industry was affected to a meaningful extent.」
The focus has shifted from classroom closures and infection risks caused by the spread of the infectious disease to the impact on enrollment from the normalization of school events and extracurricular activities after restrictions were eased and the resulting increase in students refraining from attending cram school. - FY2023RestatedAnnual report
「Because our cram-school business involves group activities, we face the risk of COVID-19 infection. Although we have taken maximum precautions, including disinfection, mask-wearing, ventilation and temperature checks, and are making every effort to prevent infections, our results could be affected if an infection occurs.」
The company is reiterating the risk of infection associated with group activities, the related measures of disinfection, mask-wearing, ventilation and temperature checks, and the potential impact on results if an infection occurs. - FY2023-Q3RestatedAnnual report
「As a result, enrollment in the elementary and junior-high school divisions and the individual instruction division remained weak, and all divisions other than the senior-high school division (Toshin) fell below the previous year.」
The impact on enrollment in the elementary and junior-high school divisions, the individual instruction division and other areas has continued as infections resurged and school events and extracurricular activities normalized following the easing of behavioral restrictions. - FY2023-Q2MaterialisedAnnual report
「In terms of the student composition, the rapid spread of infections during the aforementioned “seventh wave” coincided with the period for attracting students to summer schooling and intensive training, causing enrollment at the elementary and junior-high school divisions and the individual instruction division to stagnate and placing them under considerable pressure.」
The company states that the spread of COVID-19 manifested itself in actual business operations as sluggish enrollment for summer schooling and other programs. - FY2022ReframedAnnual report
「Because our cram-school business involves group activities, the group faces the risk of COVID-19 infection. Although we have taken maximum precautions, including disinfection, mask-wearing, ventilation and temperature checks, and are making every effort to prevent infections, the group’s results could be affected if an infection occurs. In addition, if the effects of the infectious disease are prolonged and circumstances arise that prevent smooth business operations, such as school closures, the group’s results could be affected.」
The focus has shifted from describing the results of normal operations after classroom closures to describing future risks arising from infection associated with group activities, the occurrence of infections, and disruption to business operations caused by school closures. - FY2021RestatedAnnual report
「The government declared a state of emergency amid the spread of COVID-19, and we temporarily closed classrooms in the affected regions from mid-April 2020, on a classroom-by-classroom basis. Subsequently, following the lifting of the state of emergency in stages, we returned to normal operations.」
The company describes its return to normal operations after the classroom closures associated with the state of emergency over the full fiscal year. - FY2021-Q3RestatedAnnual report
「The government declared a state of emergency amid the spread of COVID-19, and we temporarily closed classrooms in the affected regions from mid-April, on a classroom-by-classroom basis. Subsequently, following the lifting of the state of emergency in stages, we returned to normal operations and made accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no further classroom closures would occur from December onward.」
The company is reiterating that it has returned to normal operations after the classroom closures associated with the state of emergency. - FY2021-Q2MitigatedAnnual report
「The government declared a state of emergency amid the spread of COVID-19, and we temporarily closed classrooms in the affected regions from mid-April, on a classroom-by-classroom basis. Subsequently, following the lifting of the state of emergency in stages, we returned to normal operations and made accounting estimates, including impairment of fixed assets and the recoverability of deferred tax assets, based on the assumption that no further classroom closures would occur from September onward.」
The company returned to normal operations after the classroom closures and assumes that no closures will occur from September onward. The disclosure has shifted toward assuming a recovery from the closure situation, although the effects of the infectious disease remain. - FY2021-Q1MaterialisedAnnual report
「The government declared a state of emergency amid the spread of COVID-19, and we temporarily closed classrooms in the affected regions from mid-April, on a classroom-by-classroom basis. Subsequently, following the lifting of the state of emergency in stages, we reopened all classrooms.」
The company temporarily closed classrooms in the affected regions in response to the state of emergency and subsequently reopened all classrooms after the declaration was lifted, describing the operational impact of and response to the infectious disease.