Friday, April 25, 2008

GComm NOVA's planned expansion...




Speaking to some people recently who attended one of the recent Yamaya san indoctrination sessions and some plans were explained there..

Biggest one involved the expansion plans of the company... As has been mentioned by one of the commentors here today, the expansion plan includes
expanding the number of NOVA branches to 800 by next spring... This includes not only regular NOVA, but also Nova juku, Petit Nova and of course the wonderful franchise idea...

This anouncement comes slightly fresh on the heels of inside company announcements that the company plans to float on the stock market...

Does this sound familiar to anyone else... Rapid expansion plans... 350% expansion in 12 months??? The rapid inflation of a balloon for example...

2 comments:

Anonymous said...

this is a ticket for failure there is no way that this growth can continue - I see they are advertising in Ireland UK and Aus for teachers here we go again. The Japanese think the foreigner is a fool are we going to prove them right. I think it maybe a little soon to start trusting these guys

Big Man in Japan said...

Hey anon, thanks for the comment... Where did you see the ads? let me know I want to post them on the blog for everyone to see... Yes this is a ticket for failure, but also a way to sell shares and I think thats the reason for it...