Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
January 10, 2018
Share
Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the nine months ended November 30, 2017. For the period, the company reported net sales of JPY 13,251 million compared to JPY 12,339 million a year ago. Operating income was JPY 1,190 million compared to JPY 714 million a year ago. Ordinary income was JPY 1,192 million compared to JPY 717 million a year ago. Net income was JPY 763 million or JPY 14.06 per share compared to JPY 400 million or JPY 7.38 per share a year ago.
The company provided earnings guidance for the year ending February 28, 2018. 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 and net income of JPY 1,690 million or JPY 31.13 per share.
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 Nine Months Ended November 30, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 