Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the Six Months Ended August 31, 2014; Provides Earnings Guidance for the Year Ending February 28, 2015; Declares Dividend for the Second Quarter Ended August 31, 2014, Payable from November 21, 2014
October 21, 2014 at 03:27 pm
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Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the six months ended August 31, 2014. For the period, the company reported net sales of JPY 7,354 million against JPY 6,688 million a year ago. Operating income was JPY 81 million against operating loss of JPY 79 million a year ago. Ordinary income was JPY 84 million against ordinary loss of JPY 77 million a year ago. Net income was JPY 37 million against net loss of JPY 64 million a year ago. Net income per share was JPY 0.69 against net loss per share of JPY 1.18 a year ago.
For the year ending February 28, 2015, the company expects net sales of JPY 15,772 million, operating income of JPY 1,602 million, ordinary income of JPY 1,605 million, net income of JPY 910 million or JPY 16.77 per share.
The company declared dividend for the second quarter ended August 31, 2014 of JPY 4.00 per share compared to JPY 3.00 for the same period last year. Expected starting date of dividend payment is November 21, 2014.
For the year ending February 28, 2015, the company expects to pay year-end dividend of JPY 4.00 per share compared to JPY 3.00 for the same period last year.
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 Non-Consolidated Earnings Results for the Six Months Ended August 31, 2014; Provides Earnings Guidance for the Year Ending February 28, 2015; Declares Dividend for the Second Quarter Ended August 31, 2014, Payable from November 21, 2014
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 
