Riso Kyoiku Co., Ltd. Reports Consolidated Earnings Results for the Year Ended February 28, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
April 10, 2017
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Riso Kyoiku Co., Ltd. reported consolidated earnings results for the year ended February 28, 2017. For the period, the company reported net sales of JPY 20,777 million compared to JPY 19,643 million a year ago. Operating income was JPY 2,051 million compared to JPY 1,890 million a year ago. Ordinary income was JPY 2,032 million compared to JPY 1,857 million a year ago. Profit attributable to owners of parent was JPY 1,275 million compared to JPY 1,428 million a year ago. Earnings per share were JPY 25.12 compared to JPY 27.69 a year ago. Profit before income taxes was JPY 1,866.901 compared to JPY 2,172.917 million for the same period a year ago. Cash flows from operating activities were JPY 2,481 million compared to JPY 1,434 million a year ago. Purchases of property, plant and equipment was JPY 216.143 million compared to JPY 104.570 million a year ago. Purchase of intangible assets was JPY 69.646 million compared to JPY 67.327 million a year ago.
The company provided earnings guidance for the year ending February 28, 2018. For the period, the company expects net sales to be of JPY 23,100 million, operating income to be of JPY 2,420 million, ordinary income to be of JPY 2,400 million, profit attributable to owners of parent to be of JPY 1,400 million, and earnings per share to be of JPY 28.45.
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. Reports Consolidated Earnings Results for the Year Ended February 28, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
RISO KYOIKU CO., LTD. 
