Riso Kyoiku Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Reports Dividend for the Third Quarter of 2018, Payable on February 12, 2019; Provides Earnings and Dividend Guidance for the Year Ending February 28, 2019
January 14, 2019
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Riso Kyoiku Co., Ltd. reported consolidated earnings results for the nine months ended November 30, 2018. For the period, the company reported net sales of JPY 17,747 million compared to JPY 16,209 million a year ago. Operating income was JPY 1,540 million compared to JPY 1,153 million a year ago. Profit attributable to owners of parent was JPY 899 million compared to JPY 707 million a year ago. Earnings per share were JPY 6.09 per basic and diluted share compared to JPY 4.79 per basic share a year ago.
The company provided earnings guidance for the year ending February 28, 2019. For the period, the company expects net sales to be of JPY 24,700 million. Operating income expected to be of JPY 2,710 million. Ordinary income expected to be of JPY 2,700 million. Profit attributable to owners of parent expected to be of JPY 1,600 million. Earnings per share expected to be of JPY 10.83
For the third quarter the company reported dividend of JPY 7.50 per share compared to JPY 7.00 per share paid a year ago. The dividend is payable on February 12, 2019.
For the year ending February 28, 2019 the company expects dividend of JPY 3.50 per share compared to JPY 7.00 per share paid 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.
Riso Kyoiku Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2018; Reports Dividend for the Third Quarter of 2018, Payable on February 12, 2019; Provides Earnings and Dividend Guidance for the Year Ending February 28, 2019
RISO KYOIKU CO., LTD. 
