Meiko Network Japan Co., Ltd. Provides Consolidated Earnings Guidance for the Second Quarter and the Full Year Ending August 31, 2024
October 12, 2023 at 03:00 am EDT
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Meiko Network Japan Co., Ltd. provided consolidated earnings guidance for the second quarter and the full year ending August 31, 2024. For the quarter, the company expects net sales of JPY 10,930 million, operating income of JPY 740 million and profit attributable to owners of parent of JPY 480 million or JPY 19.04 per share.
For the year, the company expects net sales of JPY 22,000 million, operating profit of JPY 1,200 million and profit attributable to owners of the parent of JPY 820 million or JPY 32.53 per share.
MEIKO NETWORK JAPAN CO., LTD. is mainly engaged in the operation of cram school business. The Company operates in three business segments. The Meiko Cram School Direct Operation segment is engaged in the provision of teaching guidance and the sale of teaching materials and text books. The Meiko Cram School Franchise segment provides guidance to classroom setting up and operation, and sells classroom supplies, machines, teaching materials, among others. The Preparatory Schools segment is involved in the operation of specialty cram schools for medical college entrance exam. The Others segment is engaged in the operation of soccer schools for children, individual tutoring cram schools for high academic level, long-term tutoring cram schools, as well as the publishing of academic textbooks, among others.
MEIKO NETWORK JAPAN CO., LTD. 