Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the First Quarter Ended May 31, 2017; Provides Earnings Guidance for the Six Months Ending Aug. 2017 and Year Ending February 28, 2018; Provides Dividend Guidance for the Six Months and Full Year of Fiscal Ending February 28, 2018
July 04, 2017
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Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the first quarter ended May 31, 2017. For the quarter, the company reported net sales of JPY 3,428 million against JPY 3,254 million for the same period a year ago. Operating loss was JPY 757 million against JPY 954 million for the same period a year ago. Ordinary loss was JPY 756 million against JPY 952 million for the same period a year ago. Net loss was JPY 543 million or JPY 10.02 per share against JPY 670 million or JPY 12.36 per share for the same period a year ago.
The company provided earnings guidance for the six months ending Aug. 2017 and year ending February 28, 2018. For the six months, the company expects net sales of JPY 8,671 million, operating income of JPY 147 million, ordinary income of JPY 148 million, net income of JPY 72 million and net income per share of JPY 1.33.
For the year, the company expects net sales of JPY 18,800 million, operating income of JPY 2,560 million, ordinary income of JPY 2,561 million, net income of JPY 1,690 million and net income per share of JPY 31.13.
The company provided dividend guidance for the six months and full year of fiscal ending February 28, 2018. For the six months, the company expects dividend of JPY 13.00 per share against JPY 13.0 per share for the same period a year ago.
For the year, the company expects dividend of JPY 13.00 per share against JPY 13.0 per share for the same period a year ago.
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, 2017; Provides Earnings Guidance for the Six Months Ending Aug. 2017 and Year Ending February 28, 2018; Provides Dividend Guidance for the Six Months and Full Year of Fiscal Ending February 28, 2018
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 