Tokyo Individualized Educational Institute, Inc. Reports Earnings Results for the Year Ended February 28, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019
April 04, 2018 at 10:18 am EDT
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Tokyo Individualized Educational Institute, Inc. reported earnings results for the year ended February 28, 2018. For the year, net sales were JPY 19,175 million against JPY 17,909 million a year ago. operating income was JPY 2,634 million against JPY 2,305 million a year ago. Ordinary income was JPY 2,636 million against JPY 2,308 million a year ago. Net income was JPY 1,744 million against JPY 1,438 million a year ago. Net income per share was JPY 32.14 against JPY 26.50 a year ago. Return on equity was 20.7% against 17.5% a year ago. Cash flows from operating activities was JPY 2,366 million against JPY 1,490 million a year ago.
For the year ending February 28, 2019, the company expects net sales to be JPY 19,800 million, operating income to be JPY 2,700 million, ordinary income to be JPY 2,702 million, net income to be JPY 1,788 million against net income per share to be JPY 32.93.
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. Reports Earnings Results for the Year Ended February 28, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 