EF Code has acquired the online course production and licensing business from Manyoshai to enhance its internal capabilities and improve educational content quality.
Target Information
EF Code Co., Ltd. (Ticker: 9211) specializes in the development and operation of web customer engagement tools and chatbots. Additionally, through its subsidiaries, it engages in social media support and online education services. Recently, EF Code has announced the acquisition of the online course production and licensing business from Manyoshai, a company based in Himeji, Hyogo Prefecture. This strategic move will allow EF Code to internalize the production of online courses, which it previously outsourced.
By acquiring the rights and capabilities from Manyoshai, EF Code aims not only to improve its revenue streams but also to enhance the quality of educational materials and accelerate development timelines. This transition towards in-house production is anticipated to lead to a more cohesive strategy in delivering education services.
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Industry Overview in Japan
The online education industry in Japan has seen significant growth in recent years, driven by increasing demand for flexible learning options and the advancement of digital technologies. The COVID-19 pandemic further accelerated this trend as educational insti
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