G.Communication, also abbreviated as G.com, is a Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese kabushiki kaisha

Kabushiki kaisha

is a type of business defined under Japanese law.-Usage in language:Both kabushiki kaisha and the rendaku form kabushiki gaisha are used. The "K" spelling is much more common in the names of companies and in English-language legal literature, whereas the "G" pronunciation is dominant in...

 based in Nagoya, Japan. The company is an operator of restaurant chains, juku

Juku

Gakushū juku are special private schools that offer lessons conducted after regular school hours and on the weekends....

(cram schools), and eikaiwa

Eikaiwa

or often shortened to , are English conversation schools, usually privately operated, in Japan. It is a combination of the word and.Although the Japanese public education system mandates that English be taught as part of the curriculum from fifth grade, the focus is generally on English grammar...

(language schools).

History

G.Communication Group was started in Aichi, Japan. Masaki Inayoshi

Masaki Inayoshi

is the owner and founder of G.Communication, a Japanese kabushiki kaisha based in Nagoya, Japan. The company is an operator of restaurant chains, juku , and eikaiwa .-Early life:...

 first opened a private cram school in 1994 called "Ganbaru Gakuen". G.Communication grew rapidly due to aggressive mergers and acquisitions. Headed by Inayoshi, the firm expanded its business by purchasing shares of restaurant chains, including sushi

Sushi

is a Japanese food consisting of cooked vinegared rice combined with other ingredients . Neta and forms of sushi presentation vary, but the ingredient which all sushi have in common is shari...

 chain Heiroku in July 2005 and Yakinikuya Sakai Co. in May 2007.

The aggressive strategy has at times caught the attention of the government

Government of Japan

The government of Japan is a constitutional monarchy where the power of the Emperor is very limited. As a ceremonial figurehead, he is defined by the 1947 constitution as "the symbol of the state and of the unity of the people". Power is held chiefly by the Prime Minister of Japan and other elected...

. In October 2006, the Financial Services Agency

Financial Services Agency

The is a Japanese government organization responsible for overseeing banking, securities and exchange, and insurance in order to ensure the stability of the financial system of Japan. The agency operates with a commissioner and reports to the Minister of Finance. It oversees the Securities and...

 ordered G.Communication to pay a ¥

¥

¥ is a currency sign used by the Japanese yen and the Chinese yuan currencies. The symbol resembles a Latin letter Y with a double stroke. The base unit of both currencies shared the same Chinese character pronounced yuán in Mandarin Chinese and en in Standard Japanese...

390,000 fine for insider trading

Insider trading

Insider trading is the trading of a corporation's stock or other securities by individuals with potential access to non-public information about the company...

 after purchasing shares of one of its subsidiaries that was planning a capital increase before the information became public. In 2006, it acquired all of the shares of an English-language school chain in Hokkaido

Hokkaido

, formerly known as Ezo, Yezo, Yeso, or Yesso, is Japan's second largest island; it is also the largest and northernmost of Japan's 47 prefectural-level subdivisions. The Tsugaru Strait separates Hokkaido from Honshu, although the two islands are connected by the underwater railway Seikan Tunnel...

 with some 50 schools, merging it into G.Education, part of the group.

In November 2007, G.Communication took over Nova

Nova (eikaiwa)

Nova was the largest eikaiwa school in Japan until its widely publicized collapse in October 2007. Before its bankruptcy, Nova employed approximately 15,000 people across a group of companies that supported the operations of and extended out from the "Intercultural Network" of its language schools...

 after it filed for bankruptcy in November 2007. Following the April 2010 bankruptcy of GEOS

GEOS (eikaiwa)

was one of the Big Four private eikaiwa, or English conversation teaching companies, in Japan. Its extensive network of overseas schools made it the world's largest language school chain. The firm went into bankruptcy in Japan on 20 April 2010...

, G.Communication also took over 230 schools owned by the company..

On 1 October 2010, Nova's 490 locations nationwide and GEOS's 167 were sold by G.Education to Inayoshi Capital, owned by G.Education founder Masaki Inayoshi

Masaki Inayoshi

is the owner and founder of G.Communication, a Japanese kabushiki kaisha based in Nagoya, Japan. The company is an operator of restaurant chains, juku , and eikaiwa .-Early life:...

.

Criticisms

Criticism of the company has been made regarding: 'disorganization and putting profit

Profit (accounting)

In accounting, profit can be considered to be the difference between the purchase price and the costs of bringing to market whatever it is that is accounted as an enterprise in terms of the component costs of delivered goods and/or services and any operating or other expenses.-Definition:There are...

before quality and teacher's rights'.