Students and faculty become members of a university co-op after paying share. After that, they will be able to use the co-op’s stores and services. The amount of share varies depending on each co-op, but is usually 5,000-30,000 yen. The share will be refunded in full upon graduation or retirement.
Members are owners of a university co-op and can participate in the decision-making process. Every year, members participate in the general assembly, approve the account settlement and budget, and elect the directors and auditors.
Author: Manabu Yamamoto
Please read from right to left
- What is a university co-op?
- Well... To put it simply, it's "Everyone's store."
- Everyone's store?
- Share capital?
- Please take a look at this illustration!
By buying member share, everybody will become a member of the university co-op!
Admission
Member share
Members
With the sales, a co-op improves its services or conducts a lot of activities for all the members.
Quality improvement
Welcome party for new students
Support for preparatory students
And most importantly, this member share will be given back at the time of graduation.
Graduation
- It will be given back? Is that okay?
- The new students will invest.
Alumni <-- Return New students --> Invest
- Investing for the co-op’s operation? It’s like a stockholder.
- That’s a good analogy!
- So members can speak their opinion in the co-op’s operation?
- Exactly! University co-ops also have “Hitokoto Card” (Opinion Card).
- Hehehe... I won’t tell a thing about it for now.
- Hey! You were about to say something.
- I will do it in the next page!
- Page? What page?