Japan's 1st company-run university stops admissions+

TOKYO, June 18 Kyodo -
Japan's first stock company-run university will stop recruiting students from
next school year due to financial difficulties, school sources said Thursday.

Tokyo University of Career Development, run by Tokyo Legal Mind K.K., has been
under-enrolled since 2006, and it was only able to attract 18 students for the
capacity of 160 for this spring's admissions.
''We've decided to focus our finances to maintain and improve the studying
environment of the undergraduate students already enrolled,'' a university
official said.
However, LEC Graduate School of Accountancy which is also run by the same
company will continue to recruit students, the school said.
The university, commonly known as LEC university, opened in 2004 and now has 12
campuses nationwide with 459 students enrolled to study law and accounting, but
the school recruited students for the current academic year from April only at
its main campus in Tokyo's Chiyoda Ward, according to the university.
Under special measures for structural reforms that allowed stock companies to
establish universities, six such universities have been founded nationwide,
according to the Ministry of Education, Culture, Sports, Science and
Technology.
==Kyodo