Riso Kyoiku Co., Ltd. Announces Consolidated Earnings Results for the Quarter Ended May 31, 2020
July 08, 2020
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Riso Kyoiku Co., Ltd. announced consolidated earnings results for the quarter ended May 31, 2020. For the quarter, the company reported net sales of JPY 4,165 million against JPY 5,288 million a year ago. Operating loss was JPY 1,316 million against JPY 2,158 million a year ago. Loss attributable to owners of the parent was JPY 1,036 million against JPY 206 million a year ago. Loss per share were JPY 7.16 against JPY 1.40 a year ago.
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.