Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the First Quarter Ended May 31, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019
July 04, 2018 at 11:14 am EDT
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Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the first quarter ended May 31, 2018. For the quarter, the company reported net sales of JPY 3,679 million against JPY 3,428 million for the same period a year ago. Operating loss was JPY 620 million against JPY 757 million for the same period a year ago. Ordinary loss was JPY 619 million against JPY 756 million for the same period a year ago. Net loss was JPY 430 million or JPY 7.92 per share against JPY 543 million or JPY 10.02 per share for the same period a year ago.
The company provided earnings guidance for the year ending February 28, 2019. For the year, the company expects net sales of JPY 19,800 million, operating income of JPY 2,700 million, ordinary income of JPY 2,702 million, net income of JPY 1,788 million and net income per share of 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 Non-Consolidated Earnings Results for the First Quarter Ended May 31, 2018; Provides Earnings Guidance for the Year Ending February 28, 2019
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 