TAC

Basic Information

Stock Code
4319
Industry
Services
Category Detail
Education
Prefecture
Tokyo
Establishment Year
December 1980
Listing Year
October 2001
Official Website
https://www.tac-school.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Temona, PAI, K Learning

Overview

TAC Co., Ltd. is a specialized cram school for qualification acquisition founded in 1980, operating 23 directly managed schools mainly in the Tokyo metropolitan area, and is the industry-leading company supporting passes for numerous national qualifications.

Current Situation

TAC recorded consolidated sales of approximately 20.5 billion yen and operating profit of approximately 400 million yen in the fiscal year ended March 2022, with its core qualification cram school business centered on nationwide expansion primarily in the Tokyo metropolitan area. It boasts high pass rates, particularly for accounting qualifications such as certified public accountants and civil service exams. In recent years, it has expanded corporate training and medical office support services. Publishing and online school businesses by group companies are also key pillars of consolidated revenue, with a focus on strengthening digital materials. Entering the 2020s, it has entered the Ministry of Education-approved textbook business, promoting diversification of educational content. In the past, it has experienced issues such as employee karoshi and inflated pass rate reports, leading to strengthened labor environment and compliance systems. Since 2021, it has focused on digital transformation and reskilling support, advancing the development of online learning environments. In the long term, it aims to strengthen new service deployments linking qualification support with IT technology, anticipating growth backed by market aging and increasing qualified population trends.

Trivia

Interesting Facts

  • Originally founded as Tokyo Accounting College.
  • Expanded business scope by acquiring Waseda Seminar operations.
  • Long history specialized in CPA exam pass support.
  • Co-sponsors Bookkeeping Champion Tournament, contributing to qualification普及.
  • Founder Saito Hiroaki stepped down as representative in 2018 and passed away thereafter.
  • Early introduction of hybrid online and school education services.
  • No labor union formed, with proprietary labor management system.
  • Strengthened medical field by making Medical Office Staff Kansai and Kubo Medical subsidiaries.
  • Offers 19+ courses covering diverse qualifications.
  • Also operates publishing, issuing numerous related qualification books.
  • Has 22 direct school branches across Japan.
  • Received Fair Trade Commission warning for inflated qualification pass numbers.
  • Established subsidiary in Dalian, China, exploring overseas expansion.
  • Active cultural activities like novel serialization by CPA Yamada Shinya.
  • Strengthened industry collaboration by co-sponsoring bookkeeping tournament with School Corporation Tachishisha.

Hidden Connections

  • Acquired Waseda Seminar business from subsidiary of Dai Nippon Printing, strengthening ties.
  • Related company's staffing business complements qualification support mutually.
  • Owns multiple publishing subsidiaries, building integrated qualification material supply system.
  • Actively employs CPA exam alumni as instructors and writers.
  • Placed affiliated schools near Waseda and major private universities to expand student enrollment.
  • Founder's asset management company holds controlling stake as largest shareholder.
  • Deep connections with government offices and educational institutions in corporate training.
  • Online learning system developed and operated by multiple business subsidiaries.

Future Outlook

Growth Drivers

  • Increasing demand for qualification/skill re-acquisition and reskilling market expansion
  • Learner base expansion through online learning environment development
  • Growing post-retirement education needs in aging society
  • Revenue diversification through strengthened collaboration in corporate training and staffing
  • Efficiency and customer satisfaction improvement via education DX promotion
  • Expected increase in exam takers from enriched government qualification systems
  • Increasing demand for medical/IT-related qualifications
  • Digitalization and market expansion of publishing materials
  • Advancement of expansion outside Tokyo metropolitan area
  • Brand value enhancement through improved social trust
  • Flexible business deployment responding to changes in education-related laws
  • Entry into new business areas like overseas markets

Strategic Goals

  • Complete online compatibility for all courses through DX promotion
  • Expand schools outside Tokyo metropolitan area by 20% or more
  • Achieve 40 billion yen sales through synergy with related subsidiaries
  • Build education operations meeting sustainability standards
  • Increase qualification passers by average 5%+ annually

Business Segments

Corporate Training

Overview
Provides highly specialized training services tailored to companies.
Competitiveness
Specialized training development leveraging qualification education know-how
Customers
  • Accounting Firms
  • Audit Firms
  • Tax Accountant Firms
  • General Corporate HR Departments
  • Local Governments
  • Educational Institutions
  • Medical Corporations
  • Financial Institutions
  • Manufacturing
  • IT Companies
Products
  • Accounting Basics Course
  • Financial Statements Training
  • Internal Control Training
  • Audit Practice Training
  • Leadership Development
  • Quality Management Course
  • Information Security Training
  • Medical Office Training
  • Human Resource Development
  • Customized Training

Staffing and Job Placement

Overview
Deploys staffing services centered on specialized qualification holders.
Competitiveness
Superior talent supply linked to qualification support
Customers
  • Accounting Firms
  • Audit Firms
  • Tax Accountant Firms
  • Financial Institutions
  • General Companies
  • Medical Institutions
Products
  • Qualified Personnel Dispatch
  • Job Placement
  • Trainee Introduction

Publishing and Material Development

Overview
Handles publishing and development of materials to maximize learning effectiveness.
Competitiveness
Material quality based on pass records
Customers
  • Individual Learners
  • Affiliated Schools
  • Cram Schools
  • Online Education
  • Corporate Training Managers
Products
  • Qualification Reference Books
  • Problem Sets
  • Mock Exams
  • Online Materials
  • e-Learning Content

Online Education Platform

Overview
Provides platforms supporting online learning.
Competitiveness
Highly convenient learning environment
Customers
  • Individual Learners
  • Working Adults
  • Educational Institutions
  • Companies
Products
  • Web Learning App
  • Live Lecture Streaming
  • Video Materials
  • Attendance Management System

Medical Office Dispatch and Outsourcing

Overview
Implements personnel dispatch and outsourcing for medical-related operations.
Competitiveness
Know-how specialized in the medical industry
Customers
  • Hospitals
  • Dental Clinics
  • Nursing Homes
  • Medical-related Companies
Products
  • Medical Office Dispatch
  • Business Outsourcing
  • Office Agency
  • Training Services

Educational Facility Management

Overview
Provides various management services necessary for educational operations.
Competitiveness
Service system specialized in educational operations
Customers
  • Direct Schools
  • Affiliated Schools
  • Various Educational Institutions
Products
  • Facility Operation Management
  • Classroom Maintenance
  • Safety Management
  • Environment Preparation

Qualification Exam Predicted Questions Provision

Overview
Question provision service for passing qualification exams.
Competitiveness
Detailed question analysis per qualification
Customers
  • Students
  • Educational Institutions
  • Qualification Exam Operators
Products
  • Predicted Questions
  • Mock Exams
  • Explanation Materials

Reskilling Support Services

Overview
Business supporting re-education and skill improvement for working adults.
Competitiveness
Education programs linked to qualifications
Customers
  • Companies
  • Working Adults
  • Government Agencies
Products
  • Skill-up Courses
  • Career Consultation
  • Training Programs

Competitive Advantage

Strengths

  • Abundant know-how specialized in qualification support
  • High-density school network centered on Tokyo metropolitan area
  • Multi-faceted educational services through group collaboration
  • Stable financial base and revenue structure
  • Hybrid online-offline learning environment
  • Provision of diverse qualification course lineup
  • Business deployment linking specialized personnel dispatch and education
  • Synergy effects with publishing business
  • Strong brand recognition
  • Information dissemination power through regular publications
  • Revenue diversification through corporate training
  • Stable client base
  • Efforts in legal compliance and improvements
  • Adaptability to broad customer segments
  • Long-cultivated exam prep know-how

Competitive Advantages

  • Long-term, proven pass support system in qualification fields
  • Rich learning environment with 23 direct schools and 15 affiliated
  • Integrated operation of material development and publishing by subsidiaries
  • Superiority in specialized fields like CPA, bookkeeping, civil service
  • Established learning support systems for both online and in-person
  • Employment support strength through linkage with staffing division
  • Curriculum planning specialized in professional qualifications
  • Long-term response to needs from government and audit firms
  • Customer density improvement through specialized magazines and info services
  • High-quality education by expert instructors
  • Course improvements reflecting qualification exam market trends
  • Course design reflecting diverse student needs
  • Educational innovation responding to advancing qualification systems
  • Regional closeness through school placement near local universities
  • Stable customer repeat rate and satisfaction

Threats

  • Risk of decreasing qualification exam takers due to declining birthrate and aging
  • Intensifying competition from free/low-price online education services
  • Brand impact from Fair Trade Commission warning on Premiums and Representations Act violation
  • Need for rapid response to changes in qualification exam systems
  • Increasing technology investment burden with online advancement
  • Market saturation from plateauing specialized qualification population
  • Market share capture by new entrants
  • Social trust decline due to labor management issues
  • Increasing operational costs from strengthened legal compliance
  • Decrease in school usage due to COVID-19 and other infectious disease spread

Innovations

2021: Online Learning Platform Enhancement

Overview
Developed online education environment to meet reskilling demand.
Impact
Increased enrollees and improved learning retention rate

2022: Entry into Ministry of Education-approved Textbook Business

Overview
Achieved diversification of educational content through approved textbook sales.
Impact
Acquired new customer segments and expanded sales

2023: Web Learning App Development and Introduction

Overview
Completed proprietary learning support app and deployed to online courses.
Impact
Improved learning convenience and customer satisfaction

2024: AI Chatbot Introduction for Student Support

Overview
Automated learning question responses with AI for efficiency.
Impact
Shortened inquiry response time and improved customer service quality

2023: Digitalization Promotion of Qualification Predicted Questions

Overview
Strengthened online delivery of practice problems to promote student learning.
Impact
Increased mock exam takers and improved learning outcomes

Sustainability

  • Improvement of internal labor environment to prevent overwork
  • Active regional education support activities
  • Paper resource reduction through digital materials and online courses
  • Promotion of equal employment opportunities for men and women
  • Social contribution activities in collaboration with local communities
  • Promotion of scholarship systems to address educational disparities
  • Expansion of education programs for disabled persons
  • Reduction of environmental impact in supply chain
  • Business efficiency through digitalization
  • Strengthened labor safety and health management system