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Geos, Nova English schools change ownership once again
G.communication Co. has sold off the failed English conversation school chain Geos, which it took over in April, along with the Nova chain of English schools, The Yomiuri Shimbun has learned. An investment company led by Masaki Inayoshi, who formerly served as chairman of G.communication, purchased the subsidiary of the Nagoya-based firm that ran both…
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Nova, Geos now under investment fund’s wing
Nagoya-based G. communication Co. last week sold Nova Corp. and Geos Corp., two major foreign language school chains, to an investment fund. The fund, Inayoshi Capital Partners, run by recently retired G. communication founder Masaki Inayoshi, acquired the stakes Friday by purchasing shares of G. education Co., a G. communication spokeswoman said. Seven Geos language…
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ジオス・NOVA買収のジー社、英会話事業売却
経営破綻した英会話学校「ジオス」を今年4月に買収したジー・コミュニケーション(名古屋市)が、3年前に買収したNOVAも含めた英会話事業を売却していたことが4日分かった。
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G. Communication Sells Nova, Geos
G. communication Co. has sold all of its shares in a unit that manages English language schools Nova and Geos, officials of the Japanese diversified business group said Monday. The shares in G. education Co. were sold on Friday to an investment company headed by G. communication founder Masaki Inayoshi for an undisclosed sum. http://jen.jiji.com/jc/eng?g=ind&k=2010100400867
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Open Letter to Kevin Salthouse
Kevin Salthouse, I am glad to hear that the new Interac is “financially stable”. With this financial stability, I can think of no better way to move from “strength to strength” than by improving the working conditions of all of your ALTs. Here are a few suggestions that I personally think would benefit all ALTs:
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Kevin Salthouse’s Response to Rumors
To: All instructors From: Kevin Salthouse, General Manager, Human Resources and Class Management Division Subject: Response to rumors concerning the financial stability of Interac. Date: September 26, 2010 Earlier this month, I wrote a message in the ‘Interac-shin’ newsletter announcing that the Selnate Group was re-organizing into a new group under the Interac name.…
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Tokyo gov’t employed worker over 20 years on temp contracts without benefits
The Tokyo Metropolitan Government employed a woman as a librarian for over 20 years through repeated renewals of short-term contracts, meaning the woman has not received commuter expenses or other allowances, or been entered into government employee medical insurance, it has been learned. “We cannot determine if there is a city-employed worker who worked for…
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Tokyo Landlords Lose Century-Old ‘Gift Money’ as Rents Slump
After viewing almost 100 Tokyo apartments, banker Damien Cambon was happy to discover that a Japanese tradition dating back more than a century is dying: the payment of up to two months’ rent extra as a gift to the landlord. “Reikin,” or “gift money,” a non-refundable fee on top of a deposit and any broker…
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Changes in October
For those of you that did not get the memo, Interac is about to go through some big changes. I have heard two very different announcements on the subject. From Kevin Salthouse, we all have this PDF file stating that Interac will be going through a “new phase of operations” and that this is just…
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Caregivers sent to Japan under EPA get hand to overcome language hurdle
The Philippine government has begun language classes to help nurses wanting to go and work in Japan overcome the high language barrier, and even pays them to enroll. The project is aimed at boosting the rate of Philippine applicants who pass Japan’s national nursing examination and increasing the number of nurses seeking a career in…