Tokyo Individualized Educational Institute, Inc. Announces Non-Consolidated Earnings Results for the Quarter Ended May 31, 2013; Provides Earnings Guidance for the Six Months Ending September 3013 and Full Year Ending February 28, 2014; Provides Second Quarter and Year End Dividend Guidance for the Year Ending February 28, 2014
July 09, 2013
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Tokyo Individualized Educational Institute, Inc. announced non-consolidated earnings results for the quarter ended May 31, 2013. For the quarter, the company reported net sales of JPY 2,638 million against JPY 2,536 million a year ago. Operating loss was JPY 826 million against JPY 774 million a year ago. Net loss was JPY 523 million or 9.64 per share against JPY 470 million or 8.67 per share a year ago.
For the six months ending September 3013, the company expects net sales of JPY 6,424 million, operating loss of JPY 312 million, net loss of JPY 233 million or JPY 4.30 per share.
For the year ending February 28, 2014, the company expects net sales of JPY 13,747 million, operating income of JPY 901 million, net income of JPY 497 million or JPY 9.16 per share.
For the year ending February 28, 2014, the company expects to pay second quarter dividend of JPY 3.00 and a year end dividend of JPY 3.00.
Tokyo Individualized Educational Institute, INC. is a Japan-based company mainly engaged in the tutoring education business. Private tutoring schools are mainly located in Tokyo, Kanagawa, Chiba, and Saitama prefectures in the Tokyo metropolitan area, Hyogo and Osaka prefectures in the Kansai area, Osaka prefecture and Kyoto prefecture, Aichi prefecture in the Tokai area, and Fukuoka prefecture in the Kyushu area. Benesse science class develops children's interest in science through scientific experiments. Benesse article expression class develops children's thinking, expression and communication skills through writing. The classes are mainly in Tokyo, Kanagawa and Saitama prefecture. CCDnet is an Internet classroom that provides individualized instruction.
Tokyo Individualized Educational Institute, Inc. Announces Non-Consolidated Earnings Results for the Quarter Ended May 31, 2013; Provides Earnings Guidance for the Six Months Ending September 3013 and Full Year Ending February 28, 2014; Provides Second Quarter and Year End Dividend Guidance for the Year Ending February 28, 2014
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 
