Tokyo Individualized Educational Institute, Inc. Reports Earnings Results for the Year Ended February 28, 2016; Provides Earnings Guidance for the Six Months Ending August 2016 and Year Ending February 28, 2017
April 06, 2016 at 10:45 am EDT
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Tokyo Individualized Educational Institute, Inc. reported earnings results for the year ended February 28, 2016. For the year, the company reported net sales of JPY 17,094 million against JPY 15,717 million for the same period a year ago. Operating income was JPY 2,217 million against JPY 1,724 million for the same period a year ago. Ordinary income was JPY 2,223 million against JPY 1,729 million for the same period a year ago. Net income was JPY 1,383 million or JPY 25.48 per share against JPY 1,075 million or JPY 19.82 per share for the same period a year ago. Return on equity was 17.5% against 14.7% a year ago. Cash flows from operating activities was JPY 1,644 million against JPY 1,509 million for the same period a year ago.
The company provided earnings guidance for the six months ending August 2016 and year ending February 28, 2017. For the six months ending August 2016, the company expects net sales of JPY 8,388 million, operating income of JPY 200 million, ordinary income of JPY 201 million, net income of JPY 101 million and net income per share of JPY 1.88.
For the year ending February 28, 2017, the company expects net sales of JPY 18,000 million, operating income of JPY 2,600 million, ordinary income of JPY 2,603 million, net income of JPY 1,665 million and net income per share of JPY 30.68.
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 Earnings Results for the Year Ended February 28, 2016; Provides Earnings Guidance for the Six Months Ending August 2016 and Year Ending February 28, 2017
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 
