Summary of Business Results for the Year Ended February 28, 2021
[Japan GAAP] (Consolidated)
April 12, 2021
CompanyTokyo Individualized Educational Institute, Inc.
Listed on the TSE 1
Stock Code4745
URL https://www.tkg-jp.com/en/ir/
Representative Katsuki Saito, President and Representative Director
Contact
Takeharu Tsutsumi, Director
Tel: +81 3 4500 6880
Expected date of annual
Expected date of dividend
May 26, 2021
May 27, 2021
shareholders’ meeting:payment:
Expected date of filing ofMay 27, 2021
annual securities report:
Preparation of supplementaryYes
financial document:
Results briefing:
Yes (for analysts and institutional investors)(Rounded down to million yen)

1. Consolidated business results for the fiscal year ended February 2021 (March 1, 2020 through February 28,2021)(1) Consolidated results of operations(% change from the previous corresponding period)
Net salesYear ended
February 2021
Year ended
February 2020
Note: Comprehensive
income:Operating income

Net income attributableto parent company

Ordinary income

Million yen%

Million yen%

Million yen%

Million yen%

19,142(10.0)

613(78.8)

647(77.6)

253(86.7)

21,261－2,889－

2,892－

1,897－

Year ended
February 2021

Year ended
1,897million yen (－%)
February 2020
Ratio of ordinary Ratio of operating
Diluted net income
Return on equity
income to total
income to net
per share
assetssales

Net income pershare
Yen

234million yen (87.6%)

Yen%%

%

Year ended
4.66
2.8
5.2
3.2
－
February 2021
Year ended
34.94
19.8
21.8
13.6
－
February 2020
Reference: Investment earnings/loss Year ended
Year ended－million yen－million yen
on equity method:
February 2021
February 2020
Notes:1. Since consolidated financial statements are being produced beginning in the fiscal year ended February 2020,
the percentage change YoY for the fiscal year ended February 2020 are not listed. In addition, since the return on
equity and ratio of ordinary income to total assets for the fiscal year ended February 2020 is that from the first
consolidated fiscal year, each is calculated based on year-end shareholders' equity and year-end total assets.
2. In the fiscal year ended February 2021, provisional accounting practices were finalized in relation to a corporate
merger. Figures for the fiscal year ended February 2020 reflect the provisional accounting practices that werefinalized.

(2) Consolidated financial position
Total assets

Net assets

Million yen

Shareholder’s equity
ratio

Net assets per share%

Yen

Million yen

As of February
11,687
8,447
72.2
155.332021
As of February
13,214
9,606
72.6
176.672020
Reference:
Shareholders’
As of February 8,433 million yen
As of February
9,591 million yen
equity:2021
2020
Note: In the fiscal year ended February 2021, provisional accounting practices were finalized in relation to a corporate
merger. Figures for the fiscal year ended February 2020 reflect the provisional accounting practices that were finalized.

(3) Consolidated cash flows
Cash flows fromoperating activities
Year ended
February 2021
Year ended
February 2020

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash
equivalents at the endof period

Million yen

Million yen

Million yen

Million yen

236(1,015)(1,411)

6,562

2,707

(963)

(1,411)8,753

2. Dividends
Full-year dividend
End of 1Q

Year ended
February 2020
Year ended
February 2021
Year ending
February 2022(forecast)Year-end

Full yearTotal
Ratio of total
Dividend
dividends
dividend to net
payout ratio
paid
assets(consolidated)(Full year)(consolidated)

End of 2Q

End of 3Q

Yen

Yen

Yen

Yen

Yen

Million yen

%%

－

13.00

－

13.00

26.00

1,411

74.4

14.7

－

13.00

－

13.00

26.00

1,411

557.8

15.7

－

13.00

－

13.00

26.00

99.8

3. Forecast of consolidated business results for the year ending February 2022 (March 1, 2021 throughFebruary 28, 2022)
Net salesYear endingFebruary 2022

Operating income

Million yen%

22,132

15.6

Million yen%

2,204 259.3(% change from the previous corresponding period)
Net income
Net income per
Ordinary income
attributable toshareparent company
Million yen%

2,205 240.4

Million yen%

Yen

1,413 458.5

26.03

* Notes(1) Transfer of important subsidiaries during the fiscal year (transfers of specified subsidiaries: Noneaccompanying changes among consolidated companies):(2) Changes in accounting policies, accounting estimates and restatement
1) Changes in accounting policies associated with the revision of accounting standards, etc.

: None2) Changes in accounting policies other than 1):: None3) Changes in accounting estimates: None4) Restatement: None(3) Shares outstanding (common stock)1) Number of shares outstanding at
the end of period (treasury stock included)2) Treasury stock at the end of period
3) Average number of shares during
periodAs of February
2021
As of February
2021
Year ended
February 2021

54,291,435 shares
136 shares
54,291,299 shares

As of February
2020

54,291,435 shares

As of February

136 shares

2020
Year ended
February 202054,291,299 shares(Reference) Overview of individual results
1. Individual business results for the fiscal year ended February 2020 (March 1, 2020 through February 28,2021)(% change from the previous corresponding period)(1) Individual results of operations
Net sales

Operating income

Ordinary income

Net income

Million yen%

Million yen%

Million yen%

Million yen%

19,034(10.5)

658(77.5)

680(76.8)

282(85.4)

21,261

4.2

2,928

5.0

2,931

5.0

1,936

0.2

Year ended
February 2021
Year ended
February 2020

Net income per share

Diluted net income pershare

Year ended
February 2021
Year ended
February 2020

Yen

Yen

5.21－35.66－(2) Individual financial position
Total assets
Year ended
February 2021
Year ended
February 2020
Shareholders'
Reference:equity:**Shareholders’ equity
ratio

Net assets

Net assets per share

Million yen

Million yen%

Yen

11,711

8,502

72.6

156.6013,199

9,630

73.0

177.39As of February
2021

8,502 million yen

As of February
2020

9,630 million yen

This financial summary is not subject to audits by certified public accountants or audit corporations.
Explanation regarding appropriate use of business forecasts and other special instructions
Forecasts regarding future performance in this material are based on information currently available to the Companyand certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual
results may differ significantly from the forecasts due to various factors.
(Information on how to obtain supplementary financial document and results briefing)
The Company plans to hold an earnings briefing for analysts and institutional investors on April 13, 2021. The
materials distributed at this briefing will be post on the Company's website.