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Society‘Almost Every Todai Student Knows It’: Inside the Mysterious Elite Prep School Bought by Real-Estate Giant Hulic for Hundreds of Billions of Yen

Reports in July said Tetsuryokukai, an extremely selective cram school, was acquired by major real-estate company Hulic in a deal worth hundreds of billions of yen. The school serves only a limited number of students, raising questions about why a giant corporation paid such a high price for it. The deal’s background involves links between education, real estate and finance. The article examines the little-known reality of Tetsuryokukai and the forces behind its acquisition.

educationcram schoolsreal estateacquisition

TToyo Keizai★★☆☆☆2026-07-15 20:30Original

‘Almost Every Todai Student Knows It’: Inside the Mysterious Elite Prep School Bought by Real-Estate Giant Hulic for Hundreds of Billions of Yen
‘Almost Every Todai Student Knows It’: Inside the Mysterious Elite Prep School Bought by Real-Estate Giant Hulic for Hundreds of Billions of YenSociety