Riso Kyoiku Co., Ltd. Announces Earnings Results for the First Quarter of 2022
July 14, 2021 at 12:00 pm IST
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Riso Kyoiku Co., Ltd. announced earnings results for the First quarter of 2022. For the quarter, the company reported net sales increased by 46.7% YoY to JPY 6,111 million. Operating income increased by JPY 1,113 million YoY to negative JPY 203 million. Net income for the quarter increased by JPY 869 million YoY to JPY 167 million.
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.