is a medical services company in Japan. The company was founded in 1968Nichii Gakkan website History Retrieved June 11, 2014 by Akihiko TeradaReuters Nichii Gakkan - Akihiko Terada Retrieved June 11, 2014 and is headquartered in Chiyoda Ward in Tokyo. Founder Akihiko Terada has been chairman and representative director since May 2010Reuters Nichii Gakkan - Akihito Terada Retrieved June 11, 2014 and from October 1, 2014, he also became president of the company once again, replacing Masatoshi Saito, who had been president since April 2011.Nichii Gakkan website Financial Results for the First Half of the Year Ending March 31, 2015 (J-GAAP) November 7, 2015 Retrieved March 8, 2015 Akihiko Terada died on September 28, 2019.
History Nichii Gakkan was founded in 1968 as a medical office administration services business. It was incorporated in 1973 and gradually expanded its range of businesses. In 1999 it was listed on the Tokyo stock exchange, and in 2007 the various brand names were standardized to Nichii.Nichii Gakkan website History Retrieved June 11, 2014
Stock price In recent times Nichii Gakkan's stock price has fluctuated substantially. Its most recent high was 1124 yen on April 13, 2012. Since that date it has fallen to close at 877 yen on May 30, 2014.Bloomberg website 9792 Stock Chart Retrieved June 11, 2014
Dividends Nichii Gakkan pays dividends to shareholders twice a year. In 2010 it was 6 yen per share,Nichii Gakkan website Notice of Resolutions at the 38th Ordinary General Meeting of Shareholders June 10, 2010 Retrieved June 11, 2014 in 2011 it was 7 yen,Nichii Gakkan website Notice of Resolutions at the 39th Ordinary General Meeting of Shareholders June 28, 2011 Retrieved June 11, 2014 In 2012 it was 8 yen.Nichii Gakkan website Notice of Resolutions at the 41st Ordinary General Meeting of Shareholders June 27, 2012 Retrieved June 11, 2014 In 2013 a dividend of 9 yen was paid,Nichii Gakkan website Notice of Resolutions at the 41st Ordinary General Meeting of Shareholders June 26, 2013 Retrieved June 11, 2014 and in 2014 10 yen was paid.Nichii Gakkan website Financial Results for the Year Ended March 31, 2014 (J-GAAP) May 14, 2014 Retrieved July 9, 2014
Director and auditor bonuses Nichii Gakkan pays a bonus to directors and auditors. In 2010 this totalled 34,000,000 yen,Nichii Gakkan website Notice of Resolutions at the 38th Ordinary General Meeting of Shareholders June 10, 2010 Retrieved June 11, 2014 in 2011 this was 35,100,000 yen,Nichii Gakkan website Notice of Resolutions at the 39th Ordinary General Meeting of Shareholders June 28, 2011 Retrieved June 11, 2014 in 2012 it was 36,500,000 yen.Nichii Gakkan website Notice of Resolutions at the 40th Ordinary General Meeting of Shareholders June 27, 2012 Retrieved June 11, 2014 In 2013 the amount rose to 39,700,000 yen.Nichii Gakkan website Notice of Resolutions at the 41st Ordinary General Meeting of Shareholders June 26, 2013 Retrieved June 11, 2014 In 2013 it totalled 39,700,000 yen, with 36,000,000 being divided among 12 directors and 2,700,000 being divided among three auditors.Nichii Gakkan website Notice of Resolutions at the 41st Ordinary General Meeting of Shareholders June 26, 2013 Retrieved June 11, 2014
Company structure As of March 2014 the Nichii Group consisted of Nichii Gakkan Company, 25 subsidiaries and two affiliates.Nichii Gakkan website Financial Results for the Year Ended March 31, 2014 (J-GAAP) May 14, 2014 Retrieved July 9, 2014
Nichii Gakkan has four principal business areas:Nichii Gakkan website Financial Results for the Year Ended March 31, 2012(J-GAAP) page 8 Retrieved June 11, 2014
Medical - Medical office administration total services, research and analysis services, PFI. Principal companies: Nichii Gakkan Company, NIhon Support Service Co., Ltd Healthcare - At-home care services, facility care services, livelihood support services. Principal companies: Nichii Gakkan Company, Nichii Carenet Co., Ltd, Nihon Support Service Co., Ltd, Nichii Care Palace Co., Ltd. Education - Home helper training, medical office administration education, others. Principal companies: Nichii Gakkan Company, Gaba Corporation, SELC Australia Pty Ltd. Other - Information processing, storing and delivery of goods, publishing and sale of books, production and sale of flowers, plants and seedlings, leasing, etc. Principal companies: Nihon Support Service Co., Ltd, Tokyo Marunouchi Publishing Co., Ltd, Nichii Green Farm Co., Ltd, Nihon Credit Lease Corp.Nichii Gakkan website Investors Guide 2010 - Corporate information (page 21) Retrieved August 16th 2011Nichii Gakkan website Investors Guide 2011 - Corporate information (page 18) Retrieved June 18th 2012
Management principles Nichii Gakkan has a "Target five stars" management strategy aiming to make the company the industry leader in: Net sales Earnings Product Strength Employee compensation Corporate ethicsNichii Gakkan website Financial Results for the Year Ended March 31, 2012(J-GAAP) page 10 Retrieved June 11, 2014
Moves into China Nichii Gakkan moved into China, with group wholesaler of long-term care products and welfare equipment Nichii Carenet Company establishing Riyi Fuli Qiju Maoyi (Shanghai) Co., Ltd., as a locally incorporated entity in February 2012.Nichii Gakkan website Financial Results for the Year Ended March 31, 2012(J-GAAP) page 2 Retrieved June 11, 2014
Moves into the language teaching market On August 5, 2011, it was announced that Nichii Gakkan would add to its education business area by purchasing the eikaiwa Gaba Corporation, mostly delivering one-on-one lessons at with 36 locations across Japan, for $127 millionELT News Gaba to be sold to Nichii Gakkan for $127 million Retrieved June 11, 2014 and making it a wholly owned subsidiary.Nikkei website Nichii Gakkan To Launch Tender Offer For Gaba Retrieved August 8th 2011 Daiwa website Press release August 5th 2011 Retrieved June 11, 2014 This takeover was effective as of September 29, 2011.Reuters website Nichii Gakkan Company Completes Takeover Bid for Shares of Gaba Corporation Retrieved October 13, 2011 As of June 2015 Gaba Corporation has 41 locations across Japan.Gaba Corporation website Locations Retrieved December 30, 2014Gaba Corporation website ラーニングスタジオを探す Retrieved December 30, 2014
In April 2012 Nichii Gakkan founded Coco Juku, an English conversation school primarily focused on group lessons. As of June 2015 it has 80 locations across Japan.Cocojuku homepage 教室のご案内 Retrieved June 17, 2014
Nichii Gakkan has also made the Sydney English Language Centre (SELC Pty Ltd), a subsidiary, and plans to expand its operations into North America and Europe. SELC currently has branches in Australia, Canada, and the Philippines.Nichii Gakkan website Financial Results for the Year Ended March 31, 2012(J-GAAP) Retrieved June 11, 2014
See also Akihiko Terada Takayuki Masuda Masatoshi Saito Gaba Corporation Coco Juku
References
External links Official website Official website