Sprix, Ltd. Reports Consolidated Earnings Results for the Nine Months Ended June 30, 2021
August 06, 2021 at 02:00 am EDT
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SPRIX, Ltd. reported consolidated earnings results for the nine months ended June 30, 2021. For the six months, the company reported net sales were JPY 16,846 million compared to JPY 8,438 million a year ago. Operating profit was JPY 1,392 million compared to JPY 1,255 million a year ago. Profit attributable to owners of parent was JPY 788 million compared to JPY 896 million a year ago. Basic earnings per share was JPY 45.84 compared to JPY 52.30 a year ago. Diluted earnings per share was JPY 44.54 compared to JPY 50.36 a year ago.
SPRIX, Ltd. is a Japan-based company mainly engaged in educational services business. The Company provides cram school services including management and franchise development of Mori Juku and Jiritsugakushu RED. Mori Juku is the core business. It is a tutoring school for elementary and junior high school student. Jiritsugakushu RED is a tutoring school for elementary and middle school students, utilizing educational information technology (IT) to provide a learning program tailored. The education related services engages in development and sales of teaching materials Foresta, operation of Tokyo Dance Village and a fee-based job offer site Jukukoshi JAPAN. It also engages in operation of reading education program Cram School, sales of books and applications related to Chinese test HSK.