Japan-run language school that saw stock surge 1,093% last year eyes expansion

english as a second language teaching

A Japan-run language school that saw its stock soar almost 12-fold last year is planning to expand into new business areas as its chief executive officer tries to keep the rally alive.

RareJob Inc., a Tokyo-based online English conversation school, or eikaiwa, that uses teachers in the Philippines, will focus on areas including leadership training and job placement, said Gaku Nakamura, the company’s founder and chief executive officer, in an interview. Nakamura said one of his goals was to boost the company’s market value to ¥100 billion ($922 million) from its current level of about ¥25 billion.

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