Riso Education Research Memo (12): Policy to implement dividends based on a consolidated dividend payout ratio of 50% or more

■Shareholder Return Measures Resource Education ＜4714＞ positions return of profits to shareholders as one of the important management issues. Regarding the dividend policy, it was decided to comprehensively take into account the degree of fulfillment of internal reserves, profit status, business environment, etc., and from the 2024/2 fiscal year, it was implemented with a dividend payout ratio of 50% or more, and the dividend per share for the 2024/2 fiscal year was 10.0 yen (dividend payout ratio 90.6%). The same amount of 10.0 yen (same 90.3%) is also planned for the fiscal year ending 2025/2, and dividends

Fisco JapanMay 14 00:42

Riso Education Research Memo (11): Aiming for sustainable growth in the latter half of the 1-digit range by expanding new businesses (2)

■Future Prospects (4) Development of the education-specific building “Kodomo no Parto” series Reso Education ＜4714＞ concluded a business alliance with 3 companies, Hulic and Konami Sports, in 2020/9, and it was announced that it will develop the “Children's Park” series of education-specific buildings developed by Hulic in the Tokyo metropolitan area in the future. Inside the same building, the company group's “Shinme's Club Childcare/School Children,” “Shinmekai,” “TOMAS,” and “Inter TOMAS,” as well as Konami Sports' “Athletic School” ※, etc.

Fisco JapanMay 14 00:41

Riso Education Research Memo (8): Debt-free management with plenty of cash on hand, good financial details

■Performance Trends 3. Financial Status Looking at the financial situation at the end of the 2024/2 fiscal year of Riso Education ＜4714＞, total assets were 18,257 million yen, an increase of 5 million yen from the end of the previous fiscal year. As a major fluctuating factor, cash and deposits decreased by 1,847 million yen due to dividend payments, etc., while unearned operating income increased by 1,114 million yen in current assets. Regarding the increase in unearned operating income, factoring companies for business partners were consolidated into 1 company, and settlement dates were off by 1 day

Fisco JapanMay 14 00:38

Riso Education Research Memo (7): In-school tutoring business hits record high

■Performance Trends 2. Trends by Segment (1) Gakushuku Business Sales of the Gakushuku Business Resource Education ＜4714＞ hit a record high of 16,830 million yen, up 1.9% from the previous fiscal year, but operating profit decreased 24.9% from the same period to 837 million yen due to the opening of new school buildings and an increase in renewal construction costs. Regarding school building development, “TOMAS” will be 1 school in the 1st quarter (Nakameguro School), 3 schools in the 3rd quarter (Kachidoki School, Jiyugaoka School Building 2, Ochanomizu School), and 1 school in the 4th quarter (

Fisco JapanMay 14 00:37

Riso Education Research Memo (6): Sales for the fiscal year ended 2024/2 hit record highs, and each profit also increased for the first time in 2 fiscal years

■Performance Trends 1. Earnings Overview for the Fiscal Year Ending 2024/2 The consolidated financial results for the 2024/2 fiscal year of Reso Education ＜4714＞ were sales up 2.3% from the previous fiscal year; 2,586 million yen, up 7.7% from the same period in operating income; 2,614 million yen, up 7.0% in ordinary income; and 1,703 million yen, up 14.1% from the same period in net income attributable to parent company shareholders. Sales increased for 3 consecutive terms and hit record highs, and each profit also turned to an increase for the first time in 2 fiscal years. Sales are from the Gakushuku business

Fisco JapanMay 14 00:36

Riso Education Research Memo (5): Aiming to expand business as a Hulic Group while maintaining stock listing

■Strengthening relationships with Hulics 1. Overview of the tender offer and third-party allotment of shares by Hulic Reso Education ＜4714＞ is dated 2024/4/8, and announced opinions agreeing with the tender offer by Hulic, which was a capital and business alliance, and a third party allotment of shares with Hulic as the planned allotment. The number of shares under tender offer is 39,447,000 shares (320 yen per share), and the purchase period is scheduled to be from 4/9 to 5/22 of the same year, followed by a third-party allotment of shares (15,

Fisco JapanMay 14 00:35