Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the Six Months Ended August 31, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016; Declares Dividend for the Second Quarter Ended August 31, 2015, Payable from November 24, 2015; Provides Dividend Guidance for the Year Ending February 29, 2016
October 07, 2015
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Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the six months ended August 31, 2015. For the period, the company reported net sales of JPY 7,906 million against JPY 7,354 million a year ago. Operating income was JPY 160 million against JPY 81 million a year ago. Ordinary income was JPY 163 million against JPY 84 million a year ago. Net income was JPY 81 million against JPY 37 million a year ago. Net income per share was JPY 1.49 against JPY 0.69 a year ago.
For the year ending February 29, 2016, the company expects net sales of JPY 16,900 million, operating income of JPY 2,300 million, ordinary income of JPY 2,304 million, net income of JPY 1,397 million or JPY 25.73 per share.
The company declared dividend for the second quarter ended August 31, 2015 of JPY 12.00 per share compared to JPY 4.00 for the same period last year. Expected date of dividend payment is November 24, 2015.
For the year ending February 29, 2016, the company expects to pay year-end dividend of JPY 12.00 per share compared to JPY 4.00 for the same period last year.
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 Six Months Ended August 31, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016; Declares Dividend for the Second Quarter Ended August 31, 2015, Payable from November 24, 2015; Provides Dividend Guidance for the Year Ending February 29, 2016
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 