Tokyo Individualized Educational Institute, Inc. Reports Earnings Results for the Nine Months Ended November 30, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016; Provides Year-End Dividend Guidance for Fiscal 2016
January 06, 2016
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Tokyo Individualized Educational Institute, Inc. reported earnings results for the nine months ended November 30, 2015. For the period, the company reported net sales of JPY 11,777 million against JPY 10,894 million for the same period a year ago. Operating income was JPY 685 million against JPY 515 million for the same period a year ago. Ordinary income was JPY 689 million against JPY 520 million for the same period a year ago. Net income was JPY 413 million or JPY 7.62 per share against JPY 299 million or JPY 5.51 per share for the same period a year ago.
The company provided earnings guidance for the year ending February 29, 2016. For the period, the company expects net sales of JPY 16,900 million, operating income of JPY 2,300 million, ordinary income of JPY 2,304 million, net income of JPY 1,397 million and net income per share of JPY 25.73.
The company expects to pay a year-end dividend of JPY 12.00 per share for fiscal 2016 against JPY 4.00 per share for the same period a year ago. Thus the total dividend would amount to JPY 24.00 per share against JPY 8.00 per share for the same period a year ago.
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 Earnings Results for the Nine Months Ended November 30, 2015; Provides Earnings Guidance for the Year Ending February 29, 2016; Provides Year-End Dividend Guidance for Fiscal 2016
TOKYO INDIVIDUALIZED EDUCATIONAL INSTITUTE, INC. 
