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Naked Theft

Stories about dodgy eikaiwa practices

Off the Rails

Here we go again. Despite several information sessions following the collapse of Nova and the handing over of operations to g.communication, confusion is still the order of the day.

Eikaiwa: 

Roots Sold 5 Million of Nova's Shares

The Asahi Shimbun has reported that Roots, the shady company Sahashi gave 22 million shares to in order to raise money, has sold 5 million of the 8 million shares that it never returned to Sahashi.

Eikaiwa: 
Japan: 

One Month After the Meltdown

This story is kind of moot now that Nova is officially bankrupt and will be liquidated. It has been one month since Nova filed for bankruptcy protection. The Asahi Shimbun takes a look at the aftermath. Here's a translation of the article.

Eikaiwa: 
Japan: 

ZAKZAK: Sahashi's Pink Bunny Harem

ZAKAZAK explores Sahashi and the last days of his harem.As a side note, in this translation I've used the Japanese way of expressing names--using the last name first--since the article makes reference to a few historical figures.

Eikaiwa: 
Japan: 

Jobs or the Same Old Shit?

The decision to go with G.Communication means that Nova is officially toast and that its carcass will be liquidated. Since Nova isn't worth anything, the prospects of teachers receiving their unpaid wages remain as bleak as ever.

Eikaiwa: 
Japan: 

GEOS, AEON Throw Hats into the Ring

GEOS, AEON, and other English conversations have offered to offer to accept Nova students. According to the Asahi Shimbun, GEOS will waive the sign up fee and offer a 10% discount for Nova students.

Eikaiwa: 
Japan: 

30 Schools to be Reopened

The Asahi Shimbun has reported on the potential list of schools that will be reopened by G.Communications. Here is a translation of the article:

Eikaiwa: 
Japan: 

Sahashi May Have Misappropriated Funds

More villainy. The knives are out for Sahashi as a former executive accuses him of misappropriating funds. Here's a translation of an article in the Chugoku Shimbun.

Eikaiwa: 
Japan: 

Students Not Impressed With Buyout

You now know that Nova is officially finished. G.Communication has decided to take over and reopen 30 schools and eventually expand to 200 schools. It's a raw deal for instructors. Since there's no time frame for when all 200 schools will be reopened it's a safe bet that most teachers won't be getting their old jobs back. How much longer can one sit around and wait?

Eikaiwa: 
Japan: 

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