Riso Kyoiku Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending February 2022, 2023 and 2024
April 15, 2021 at 02:30 am
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Riso Kyoiku Co., Ltd. provided earnings guidance for the fiscal year ending February 2022, 2023 and 2024. For the fiscal year ending February 2022, the company forecasts net sales of JPY 29 billion, ordinary income of JPY 2.5 billion, and net income of JPY 1.7 billion.
In the fiscal year ending February 2023, the company plans to achieve net sales of JPY 32 billion, ordinary income of JPY 3.2 billion, and net income of JPY 2.1 billion.
For the fiscal year ending February 2024, the company plans to achieve net sales of JPY 35.5 billion, ordinary income of JPY 3.7 billion, and net income of JPY 2.5 billion.
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.