Riso Kyoiku Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending 2023, 2024 and 2025
April 14, 2022 at 02:30 am
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Riso Kyoiku Co., Ltd. provided earnings guidance for the fiscal year ending 2023, 2024 and 2025. The company is forecasting net sales of JPY33 billion, ordinary income of JPY3.7 billion, and net income of JPY2.5 billion for the fiscal year ending February 28, 2023; net sales of JPY37 billion, ordinary income of JPY4 billion, and net income of JPY2.7 billion for the fiscal year ending February 29, 2024; and net sales of JPY40 billion, ordinary income of JPY4.5 billion, and net income of JPY3 billion for the fiscal year ending February 28, 2025.
RISO KYOIKU CO., LTD. is a Japan-based company mainly engaged in the provision of private education services. The Company has five business segments. The Cram Schools segment is engaged in the provision of educational and preparatory courses through individualized instructions to students in all grades. The Tutor Dispatched Education segment is engaged in the provision of educational and preparatory courses by sending home tutors to students in all grades. The Children Education segment is engaged in the provision of instructions for prestigious kindergartens and primary schools entrance examinations. The School Individual Instructions segment is engaged in the provision of educational and preparatory courses through individual guidance booths in schools. The Personality Camp Training Education segment is engaged in the provision of personality training instructions. The Company is also engaged in the English conversation school business and the student recruitment business.