Tokyo Individualized Educational Institute, Inc. Reports Consolidated Earnings Results for the First Quarter Ended May 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending February 2020
July 09, 2019
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Tokyo Individualized Educational Institute, Inc. reported consolidated earnings results for the first quarter ended May 31, 2019. For the quarter, the company reported net sales of JPY 3,786 million against JPY 3,679 million a year ago. Operating loss was JPY 679 million against JPY 620 million a year ago. Ordinary loss was JPY 678 million against JPY 619 million a year ago. Net loss was JPY 497 million against JPY 430 million a year ago. Net loss per share was JPY 9.15 against JPY 7.92 a year ago.
The company provided earnings guidance for the fiscal year ending February 2020. For the year, the company expects net sales of JPY 21,200 million, Operating income of JPY 2,875 million, Ordinary income of JPY 2,877 million, Current net income of JPY 1,934 million and Net income per share of JPY 35.64.
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 Consolidated Earnings Results for the First Quarter Ended May 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending February 2020
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 
