Riso Kyoiku Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended of November 30, 2016; Provides Earnings Guidance for the Year Ending February 28, 2017
January 09, 2017
Share
Riso Kyoiku Co., Ltd. reported consolidated earnings results for the nine months ended of November 30, 2016. For the period, the company reported net sales of JPY 14,952 million compared to JPY 14,170 million a year ago. Operating income was JPY 1,153 million compared to JPY 1,093 million a year ago. Ordinary income was JPY 1,139 million compared to JPY 1,071 million a year ago. Profit attributable to owners of parent was JPY 702 million compared to JPY 701 million a year ago. Earnings per share were JPY 13.69 compared to JPY 13.60 a year ago. Income before income taxes and minority interests was JPY 1,098.875 million compared to JPY 1,027.440 million for the same period a year ago.
The company provided earnings guidance for the year ending February 28, 2017. For the period, the company expects net sales to be of JPY 20,800 million. Operating income expected to be of JPY 2,100 million. Ordinary income expected to be of JPY 2,050 million. Profit attributable to owners of parent expected to be of JPY 1,250 million. Earnings per share expected to be of JPY 24.62.
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 of November 30, 2016; Provides Earnings Guidance for the Year Ending February 28, 2017
RISO KYOIKU CO., LTD. 
