Loading

Search

:

112 Educational Firms Face Fiscal Peril

  • Category:Other
A significant number of educational corporations are in financial trouble, and more than 20 of them could fold by the end of fiscal 2019 if their situation does not improve, a survey has found.

According to the findings of the Promotion and Mutual Aid Corporation for Private Schools of Japan (PMAC), 112 out of 660 educational corporations operating private universities and junior colleges — or 17 percent — are in financial difficulty. Unless their status changes for the better, 21 could go under by the end of fiscal 2019, the survey found.

As the 18-year-old population will once again decline from 2018 onward, the corporations’ business environment is expected to deteriorate even further.

The Tokyo-based PMAC is a special corporation under the jurisdiction of the Education, Culture, Sports, Science and Technology Ministry that supports the operation of private universities and junior colleges.
Since 2007, and using indicators created by PMAC, each educational corporation has analyzed its finances each year based on data from the past three years.

PMAC itself also assesses the financial standing of educational corporations, but the results had been kept undisclosed due to the possible negative impact on the management of private universities.

In January 2017, The Yomiuri Shimbun requested PMAC disclose the assessment results. Although an initial decision was made to keep them secret, they were ultimately disclosed for the first time in late December after an objection to the decision was approved by the Internal Affairs and Communications Ministry’s examination panel.

According to disclosed documents and other materials, PMAC analyzed the income, expenditures and assets of 660 educational corporations that operated 599 universities and 331 junior colleges across the country as of fiscal 2016. PMAC calculated the risk of the corporations going under based on indicators.

The indicators included 1) a negative figure resulting for two years or more over the last three years when personnel and other expenditures are subtracted from tuition and other revenue; 2) borrowings and other liabilities surpassing assets; and 3) how many years after the survey a shortage of funds was expected to occur.

The results showed that 21 corporations, or 3.2 percent, were in the “red zone,” in which they could collapse by the end of fiscal 2019, while 91, or 13.8 percent, were in the “yellow zone,” in which they could go under in fiscal 2020 or later. There are 175 corporations, or 26.5 percent, that were potentially in the yellow zone, meaning there are signs of financial deterioration. Meanwhile, 373 corporations, or 56.5 percent, were categorized as “sound,” meaning there are no problems with their finances.

The names of the corporations were not disclosed.
Compared with the results of fiscal 2015, the number of corporations categorized as sound dropped by 47, while the number of those potentially in the yellow zone increased by 39.

The land and buildings they possess were not taken into account when analyzing the corporations’ finances. PMAC said the survey results are rough estimates, so being at risk of going under does not necessarily mean a corporation will definitely collapse.

However, it added that corporations operating small and midsize universities in local areas, and those operating small universities in urban areas, are facing particularly severe financial conditions.
 
 

Comment(s) Write comment

drapolene cream [url=http://www.canadotcphar.com/]canada pharmacies online prescriptions[/url] viagra mail order
viagra without a doctor prescription canada <a href="http://www.canadotcphar.com/">cialis canada online pharmacy</a> cialis from canadian
    online pharmacies in usa Web Site
  • October 16, 2022
jnalbzndejw online drugstore <a href="https://mylittlebookmark.com/story13474865/exactly-how-to-buy-prescription-drugs-from-a-canadian-pharmacy">london pharmacy canada</a> 44-466 green pill [url=https://v.gd/Ylt2wZ]purchase viagra online[/url] buy cheap viagra online uk
female viagra <a href="https://datdanang.vn/question/just-how-to-buy-prescription-drugs-from-a-canadian-pharmacy/">brand name viagra</a> generic pharmacy [url=https://drivehud.com/forums/users/bearneedle27/]canada pharmacies online viagra[/url] list of canada online pharmacies
what happens if a girl takes viagra <a href="http://www.0471tc.com/home.php?mod=space&uid=299874">canadian generic cialis</a> rx online [url=https://bandochoi.com/members/vangarlic23/activity/2172150/]canadian viagra online pharmacy[/url] viagra order online
meds canada [url=http://www.canadotcphar.com/]canadian pharmacies generic drugs online[/url] buy viagra without a prescription
canada online drugs <a href="http://www.canadotcphar.com/">best canadian pharmacies shipping to usa</a> viagra doses
    cialis- canadian pharmacy Web Site
  • October 16, 2022
bitcoin up [url=https://sites.google.com/view/bitcoin-up-app/]bitcoin up[/url] bitcoin up canada
    RickyNed
  • October 9, 2022
mlawflmal7j purchase viagra <a href="https://mixclassified.com/user/profile/65154">viagra from canadian pharmacy</a> drug world canada [url=https://milclick.com/user/profile/152487]canada drug companies[/url] cialis- canadian pharmacy
canadian pharmacies generic drugs online <a href="https://www.patumplaza.com/index.php?page=user&action=pub_profile&id=583566">viagra 100mg</a> prescription medication [url=https://sdtj.org.cn/home.php?mod=space&uid=501789]discount meds[/url] generic viagra online
viagra alternative <a href="http://crypbay.com/index.php?page=user&action=pub_profile&id=1481057">buy discount viagra</a> cialis without prescription canada [url=https://www.ebaybbs.com/space-uid-530737.html]what is viagra used for[/url] viagra-canada
eeuxazpd14p brand viagra online canada pharmacy <a href="https://www.patumplaza.com/index.php?page=user&action=pub_profile&id=583610">www.northwestpharmacy.com</a> getcanadiandrugs.com [url=https://berksbooks.com/index.php?page=user&action=pub_profile&id=391237]cialis.canada[/url] order cialis
viagra sale <a href="http://www.wikzy.com/user/profile/9734228">viagra online purchase</a> northwestpharmacy [url=https://www.wattpad.com/user/backsubway3]cialis without a doctor's prescription[/url] canadian-drugs
pharma from canada <a href="https://www.trader-uk.com/index.php?page=user&action=pub_profile&id=345144">canadian pharmacy and viagra</a> canadian pharmacy meds [url=https://m.jingdexian.com/home.php?mod=space&uid=442185]canadian pharmacy no prescription[/url] effects of viagra
rdipt3wv8fc drugs canada <a href="http://www.clacker.com.au/index.php?page=user&action=pub_profile&id=1020644">online pharmacies in usa</a> viagra doses [url=https://milclick.com/user/profile/152487]canadian pharmacy reviews[/url] cialis pharmacy
viagra purchase <a href="http://market.indodiscus.com/user/profile/1239689">generic viagra 100mg</a> brand viagra online canada pharmacy [url=https://dailyuploads.net/fc7s9r2k3bmw]cheap viagra 100mg[/url] viagra cheap
buy medication without an rx <a href="https://www.sherpapedia.org/index.php?title=User:ArturoLayman">viagra online pharmacy</a> viagra instructions [url=http://talkbail9.jigsy.com/entries/general/Exactly-How-to-Buy-Prescription-Drugs-From-a-Canadian-Pharmacy]cialis - canada[/url] get viagra
jldvqhone1u generic cialis canadian <a href="https://www.princeclassified.com/user/profile/847798">prescriptions from canada</a> buy drugs in canada [url=https://www.gpshow.com.br/author/shayna12h81/]online pharmacy usa[/url] cheap cialis canada
viagra how it works <a href="https://www.buy1on1.com/user/profile/887000">cheap viagra generic</a> buy viagra australia [url=http://www.0471tc.com/home.php?mod=space&uid=98403]canadian pharmacies without prescriptions[/url] baclofen
brand viagra <a href="https://odolbodol.shop/index.php?page=user&action=pub_profile&id=2990028">canadian drugs online</a> online prescription viagra [url=http://ddzjcn.com/home.php?mod=space&uid=428895]where can you buy viagra[/url] viagra buy now
ogmsooisdhj cost of viagra in canada <a href="http://eninhome.com:91/wiki/index.php/%D0%A3%D1%87%D0%B0%D1%81%D1%82%D0%BD%D0%B8%D0%BA:ValenciaLuttrell">cheap medications</a> hypnosis orgasm [url=http://www.itguyclaude.com/wiki/Forms_Of_Drug_Store_Jobs]viagra directions[/url] viagra ingredients
cheap viagra online canada pharmacy <a href="https://gravesales.com/author/rustybeals0/">online rx</a> canadian medication [url=http://wiki.openn.eu/index.php?title=Five_Facts_About_Pharmacy_You_Need_to_Know]viagra from india[/url] cialis without a doctors prescription
generic viagra canada <a href="https://berksbooks.com/index.php?page=user&action=pub_profile&id=391244">canadian cialis]</a> generic cialis [url=http://cvpvm09.ru/user/guideseed5/]canadian pharmacy for viagra[/url] viagra without a doctor prescription in canada
ovjswr7wgjc viagra dosing <a href="http://www.itguyclaude.com/wiki/What_Are_The_Various_Types_Of_Pharmacy_Jobs">how viagra works</a> canada pharmacy online [url=https://mixclassified.com/user/profile/65154]viagra patent[/url] cialis from canadian pharmacy
drug store <a href="https://bidbarrel.com/user/profile/64467">alternative to viagra</a> indian pharma [url=https://jy58tz.com/home.php?mod=space&uid=252102]buy viagra generic[/url] viagra online sales
cialis canada <a href="https://mixclassified.com/user/profile/65151">viagra cheapest</a> buy viagra internet [url=http://1ctv.cn/home.php?mod=space&uid=455106]cialis canadian pharmacy[/url] online pharmacies canada
wri1uzkipf7 buy viagra canada <a href="http://www.offersbay.in/user/profile/335118">buy canadian drugs without prescription</a> medication canada [url=https://odolbodol.shop/index.php?page=user&action=pub_profile&id=2990028]pharmaceuticals from canada[/url] cialis and pharmacy
does generic viagra work <a href="https://www.seawayads.ca/user/profile/318689">new viagra</a> buy viagra usa [url=https://setiweb.ssl.berkeley.edu/beta/show_user.php?userid=10712450]viagra coupons[/url] purchase cialis from canada
viagra in india <a href="http://www.clacker.com.au/index.php?page=user&action=pub_profile&id=1020568">cialis pills</a> by pills from canada [url=https://forum.umbandaeucurto.com/usuario/dancersubway3]do you need a prescription for cialis[/url] viagra plus
ut0lvzrmrcy ordering viagra online <a href="https://www.trader-uk.com/index.php?page=user&action=pub_profile&id=345144">canadian pharmacy viagra</a> generic viagra 100mg [url=https://www.patumplaza.com/index.php?page=user&action=pub_profile&id=583566]viagra cheapest[/url] viagra without a doctor prescription
viagra without a doctor prescription usa <a href="https://www.patumplaza.com/index.php?page=user&action=pub_profile&id=583566">viagra online</a> what would happen if a girl took viagra [url=https://p3dm.ru/user/sandgold9/]canada for viagra[/url] viagra
herbal viagra reviews <a href="http://emarketmd.com/content/sorts-drug-store-jobs-2">herbal viagra</a> canadian pharmacies viagra [url=https://www.gamespot.com/profile/guiltyblue7/about-me/]order cialis in canada[/url] viagra order
ymmknjwrpsu buy discount viagra <a href="http://596tao.com/comment/html/?77209.html">cheap cialis online canadian pharmacy</a> best place to buy viagra [url=http://classi360.com/user/profile/1499]medicine from canada[/url] real viagra online
canadian viagra online <a href="https://gravesales.com/author/gretaolson/">usa pharmacy online</a> order generic viagra [url=http://kb978.com/space-uid-1084074.html]medications without prescription[/url] buy propecia
viagra online canadian pharmacy <a href="http://classificados.webdragon.com.br/index.php?page=user&action=pub_profile&id=101285">pharmacy rx one 60 mg cialis</a> buy medication without an rx [url=http://yanbodiaoke.com/home.php?mod=space&uid=528302]viagra from canada pharmacy[/url] online canadian pharmacy
iqili2pyhtg canadian pharmacy - viagra <a href="http://www.itguyclaude.com/wiki/What_Are_The_Different_Kinds_Of_Pharmacy_Jobs">canada meds</a> best online canadian pharmacies [url=http://www.merkadobee.com/user/profile/585716]free viagra sample pack[/url] viagra online prescription
internet pharmacy <a href="http://firmidablewiki.com/index.php/User:LidiaT0256">canadian generic viagra</a> soft viagra [url=https://poigrala.ru/user/blackdrink8/]buy viagra generic[/url] drugs canada
canadian cheap viagra <a href="https://www.princeclassified.com/user/profile/847798">brand viagra online canada pharmacy</a> buy canadian drugs without prescription [url=https://notes.io/qaeaY]canadian pharmacies viagra[/url] tadalafil 20 mg in canada

Trackback (You need to login.)