Sprix, Ltd. Revises Earnings Guidance for the Six Month Ended March 31, 2021 and for the Fiscal Year Ending September 30, 2021
May 10, 2021 at 11:30 am IST
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Sprix, Ltd. revised earnings guidance for the six month ended March 31, 2021 and for the fiscal year Ending September 30, 2021. For the six months ended March 31, 2021, the company expects net sales to be JPY 10,686 million compared with previous guidance of 9,956. Operating profit to be JPY 1,448 million compared with previous guidance of JPY 813 million. Profit attributable to owners of parent to be JPY 927 million compared with previous guidance of JPY 477 million. Earnings per share to be JPY 53.79 compared with previous guidance of JPY 27.70.
For the year ending September 30, 2021, the company expects net sales to be JPY 24,983 million compared with previous guidance of 22,020. Operating profit to be JPY 1,477 million compared with previous guidance of JPY 612 million. Profit attributable to owners of parent to be JPY 859 million compared with previous guidance of JPY 286 million. Earnings per share to be JPY 49.83 compared with previous guidance of JPY 16.61.
SPRIX, Ltd. is a Japan-based company mainly engaged in educational services business. The Company provides cram school services including management and franchise development of Mori Juku and Jiritsugakushu RED. Mori Juku is the core business. It is a tutoring school for elementary and junior high school student. Jiritsugakushu RED is a tutoring school for elementary and middle school students, utilizing educational information technology (IT) to provide a learning program tailored. The education related services engages in development and sales of teaching materials Foresta, operation of Tokyo Dance Village and a fee-based job offer site Jukukoshi JAPAN. It also engages in operation of reading education program Cram School, sales of books and applications related to Chinese test HSK.
SPRIX INC. 
