JAPCUJapan Association of Private Colleges and Universities
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The Asahi Shimbun said the JAPCU will set up multiple commissioned firms under the holding company to take care of member schools' accounting, procurements and other jobs by developing a joint information-processing system.
JAPCU members include Keio University, Waseda University, Nihon University, Doshisha University and other large, prestigious universities and colleges.
Japan's declining birthrate has put a strain on JAPCU member schools and other institutions.