Local News

Management Buyout Planned for Zenkyoken

Executives of the Fukuoka City-based juku chain Zenkyoken said members of top management are planning buy the company. The company is now listed on the Fukuoka Stock Exchange, and after the purchase the new owners would take the company private and delist it from the exchange. The ownership group plans a sweeping overhaul of the company after taking control. They would put in place measures for more rapid decision-making, which are essential in the company’s highly competitive industry, and close down unprofitable schools.

Published: Oct 24, 2008 / Last Updated: Oct 24, 2008

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