JOHNAN ACADEMIC PREPARATORY INSTITUTE,INC. [4720.T]
TOKYO, May 19 (Pulse News Wire) – Johnan Academic Preparatory Institute,inc. (4720.T) revised its full-year consolidated earnings forecast and reported an impairment loss of ¥61 million due to recent trends impacting long-term planning, particularly within its individual tutoring department.
In a correction notice released today, the company acknowledged errors in its previous announcement made on May 19, which incorrectly stated the impairment loss amount as ¥610,000. The revision reflects a more accurate assessment of asset value adjustments necessary for the ongoing fiscal year.
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