50 Geos branches will be renamed

Nagoya-based investment fund Inayoshi Capital Partners said Thursday that about 50 of its 167 Geos foreign-language school branches will be renamed Nova X Geos after November. ICP also said it will close down about 20 Geos branches whose business areas are overlapping with those of Nova. The company said students of those schools will be … Read more

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 … Read more

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

‘Japanese way’ costs $190,000

The boss of a multi-national English language school in Auckland has been awarded $190,000 after an employment tribunal dismissed claims he was used to being treated “the Japanese way”. David Page was stripped of his job as regional director of GEOS New Zealand at a conference in 2008 and demoted to head of the company’s … Read more

Telling the other side of the Geos story

Thank you very much for printing the story regarding the Geos bankruptcy. As a former Geos teacher, I was glad to see that you told the other side of the story, as other media had made it appear that there weren’t any problems because G.communication had taken over the company in advance. This is not … Read more