Tokyo Individualized Educational Institute, Inc. Reports Non-Consolidated Earnings Results for the Six Months Ended August 31, 2013; Provides Earnings and Dividend Guidance for the Year Ending February 2014; Declares Dividend for the Second Quarter of 2014
October 08, 2013
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Tokyo Individualized Educational Institute, Inc. reported non-consolidated earnings results for the six months ended August 31, 2013. For the six months, the company reported net sales of ¥6,688 million, operating loss of ¥79 million, net loss of ¥64 million or loss per share of ¥1.18 against net sales of ¥6,200 million, operating loss of ¥234 million, net loss of ¥152 million or loss per share of ¥282 a year ago.
For the full year ending February 2014, the company expects net sales of ¥14,211 million, operating income of ¥1,180 million, net income of ¥651 million or earnings per share of ¥11.99.
For the second quarter of 2014, the company declared a dividend of ¥3.00 per share.
For the full year ending February 2014, The company expects dividend of ¥3.00 per share.
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, 2013; Provides Earnings and Dividend Guidance for the Year Ending February 2014; Declares Dividend for the Second Quarter of 2014