Kyoshin Co., Ltd. cancelled the acquisition of English Language Company Australia Pty Ltd.
August 19, 2019
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Kyoshin Co., Ltd. (TSE:4735) agreed to acquire English Language Company Australia Pty Ltd on August 20, 2018. Post completion, English Language Company Australia Pty Ltd. will become a consolidated subsidiary of Kyoshin.
Kyoshin Co., Ltd. (TSE:4735) cancelled the acquisition of English Language Company Australia Pty Ltd on August 20, 2019.
KYOSHIN CO., LTD. is engaged in providing educational guidance service. The Cram School segment operates private cram schools for elementary, junior high and senior high school students. This segment also operates specialty schools for Japanese students abroad, as well as provides consulting services for opening and operation of its franchise classroom. The Others segment consists of English conversation division, which provides English conversation instructions for children, students and adults; children education division, providing learning guidance and primary school entrance guidance and other courses; Japanese education business division, providing Japanese teaching services to foreign students; childcare business division, providing curriculum-based service for children under the age of five. This segment also provides human development programs.