Riso Kyoiku Co., Ltd. Announces Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 29, 2020
April 08, 2019
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Riso Kyoiku Co., Ltd. announced consolidated earnings results for the year ended February 28, 2019. For the year, the company reported net sales of JPY 24,496 million against JPY 22,584 million a year ago. Operating profit was JPY 2,529 million against JPY 2,158 million a year ago. Profit attributable to owners of the parent was JPY 1,576 million against JPY 1,381 million a year ago. Earnings per share were JPY 10.68 against JPY 9.36 a year ago.
For the year ending February 29, 2020, the company expects net sales of JPY 27,000 million, operating profit of JPY 3,010 million, profit attributable to owners of parent of JPY 1,800 million and earnings per share of JPY 12.19.
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.
Riso Kyoiku Co., Ltd. Announces Consolidated Earnings Results for the Year Ended February 28, 2019; Provides Consolidated Earnings Guidance for the Year Ending February 29, 2020