Riso Kyoiku Co., Ltd. Announces Dividend for the Second Quarter of Fiscal 2020, Payable on November 7, 2019; Provides Dividend Guidance for the Third Quarter and Year End of Fiscal 2020; Reports Consolidated Earnings Results for the Six Months Ended August 31, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020
October 08, 2019
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Riso Kyoiku Co., Ltd. reported consolidated earnings results for the six months ended August 31, 2019. For the period, the company reported net sales of JPY 12,987 million against JPY 11,808 million a year ago. Operating profit was JPY 1,166 million against JPY 973 million a year ago. Profit attributable to owners of parent was JPY 727 million or JPY 4.93 per share against JPY 580 million or JPY 3.93 per share a year ago.
For the year ending February 29, 2020, the company expects net sales of JPY 27,000 million, operating profit of JPY 3,010 million and profit attributable to owners of parent of JPY 1,800 million or 12.19 per share.
For the second quarter of fiscal 2020, the company announced dividend of JPY 3.00 per share payable on November 7, 2019.
For the third quarter of fiscal 2020, the company expects to pay dividend of JPY 3.00 per share.
For the year end of fiscal 2020, the company expects to pay dividend of JPY 3.00 per share.
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.
Riso Kyoiku Co., Ltd. Announces Dividend for the Second Quarter of Fiscal 2020, Payable on November 7, 2019; Provides Dividend Guidance for the Third Quarter and Year End of Fiscal 2020; Reports Consolidated Earnings Results for the Six Months Ended August 31, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020