Tokyo Individualized Educational Institute, Inc. Reports Non Consolidated Earnings Results for the Nine Months Ended November 30, 2014; Provides Earnings Guidance for the Year Ending February 28, 2015; Provides Dividend Guidance for the Year Ending February 28, 2015
January 08, 2015 at 08:25 am
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Tokyo Individualized Educational Institute, Inc. reported non consolidated earnings results for the nine months ended November 30, 2014. For the period, the company reported net sales of JPY 10,894 million compared to JPY 9,931 million a year ago. Ordinary income was JPY 515 million compared to JPY 335 million a year ago. Operating income was JPY 520 million compared to JPY 338 million a year ago. Net income was JPY 299 million compared to JPY 188 million a year ago. Net income per share was JPY 5.51 against JPY 3.46 a year ago.
For the year ending February 28, 2015, the company expects net income of JPY 910 million or JPY 16.77 per share, ordinary income of JPY 1,605 million, operating income of JPY 1,602 million and net sales of JPY 15,772 million.
For the year ending February 28, 2015, the company expects to pay year end dividend of JPY 4.00 per share and total dividend of JPY 8.00 per share compared to year end dividend of JPY 3.00 per share and total dividend of JPY 6.00 per share last year same period.
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, 2014; Provides Earnings Guidance for the Year Ending February 28, 2015; Provides Dividend Guidance for the Year Ending February 28, 2015