Let's Japan.org

A new report by the Yano Research Institute shows that the language study market is still feeling the effects of Nova's collapse.

After a look at the declining fortunes of the foreign language market, the Yano Research Institute has published a the results of its survey [PDF in Japanese] on the impact Nova's failure had on the foreign language sector in Japan.

Just as Nova instructors were getting shafted yet again when g.communication reneged on its promise of jobs, the cover story of the December 26 issue of Newsweek was a special report by David McNeil on English conversation schools.

Internet forums and blogs are now rife with speculation about Nova's fate. Will it survive, will it get a government bailout, or will is go bankrupt? At this point in time, all anyone can do is speculate.