Hulic Chairman Reveals Full Acquisition of Tokyo Education Research
Japan's Hulic has acquired all shares of Tokyo Education Research, operator of the Tetsuryokukai tutoring school, from Benesse Group in July 2026. Chairman Saburo Nishifu confirmed the purchase, which marks the company's move toward business diversification. Hulic, formerly Mizuho Bank's property management unit, has posted record recurring profits every fiscal period since its 2008 listing.
Japanese real estate company Hulic is accelerating its business diversification efforts. The company, formerly Nihonbashi Kogyo, a real estate management firm under Mizuho Bank, will mark its 20th anniversary in 2027 following the name change. Since its stock market listing in 2008, the company has set a new record for recurring profit every fiscal period, establishing itself as a competitive force within the industry.
The company focuses on prime central urban locations, leasing offices and commercial facilities, with its real estate business maintaining sound performance. In 2026, chairman Saburo Nishifu will complete 20 years at the helm of management. At the end of July that year, the company acquired all shares of Tokyo Education Research, which operates the Tetsuryokukai preparatory school for University of Tokyo entrance examinations, from Benesse Group stockholding company.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is mixed for Primary & Secondary Education, with intensity 30/100 and 60% confidence over a medium term horizon.
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