Summary of Business Results for the First Quarter Ended May 31, 2018
[Japan GAAP] (Non-consolidated)
July 4, 2018

Company
Tokyo Individualized Educational Institute, Inc.
Stock Code4745
RepresentativeKatsuki Saito, President and Representative Director
Contact
Takeharu Tsutsumi, Executive Officer
Expected date of filing of quarterly securities report: July 13, 2018
Expected date of dividend payment: —Preparation of supplementary financial document: Yes
Results briefing: No (for analysts and institutional investors)

Listed on the TSE1
URL: http://ir.tkg.jp/english/
Tel: +81-03-6911-3216（Rounded down to million yen）

1. Business results for the three months ended May 2018 (March 1, 2018 through May 31, 2018)(1) Results of operations(% change from the previous corresponding period)

Three months ended May 2018
Three months ended May 2017

Net sales
Million yen
3,679
3,428

Three months ended May 2018
Three months ended May 2017

Net income (loss)
per shareYen(7.92)(10.02)%
7.3
5.3

Operating income (loss)
Million yen%(620)—(757)—

Ordinary income (loss)
Million yen%(619)—(756)—Net income (loss)
Million yen%(430)—(543)—

Diluted net
income per shareYen——(2) Financial position
Total assets
Million yen
9,599
11,414As of May 2018
As of February 2018

Shareholders’ equity
ratio

Net assets
Million yen
7,449
8,585

(Reference) Shareholders’ equity: As of May 2018: 7,449 million yen

%77.6
75.2

As of February 2018: 8,585 million yen

2. Dividends

Year ended February 2018Year ending February 2019Year ending February 2019
(forecast)End of1Q
Yen——Dividends per share
End ofEnd ofYear-end
2Q
3Q
Yen
Yen
Yen
13.00—13.00—13.00

13.00

Full yearYen
26.00

26.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of business results for the year ending February 2019 (March 1, 2018 through February 28, 2019)
Net sales
Million yen
Year ending February 201919,800Operating income%
3.3

Million yen

%

2,700

2.5

(% change from the previous corresponding period)
Net income
Ordinary income
Net income
per share
Million yen% Million yen%
Yen
2,702

2.5

1,788

2.5

(Note) Revisions to business forecast for the current quarter: None
Due to large seasonal fluctuations, from the year ended February 2019 only the full-year forecast is presented.

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* Notes(1) Application of accounting procedures specific to preparation of the quarterly financial statements: None
(2) Changes in accounting policies, accounting estimates and restatement① Changes in accounting policies associated with revision of accounting standards:② Changes in accounting policies other than ①:③ Changes in accounting estimates:④ Restatement:

None
None
None
None

(3) Shares outstanding (common stock)① Number of shares outstanding at the end of period (treasury stock included)
As of May 2018
54,291,435 shares
As of February 2018
54,291,435 shares② Treasury stock at the end of period
As of May 2018
101 shares
As of February 2018
101 shares③ Average number of shares during period (quarterly cumulative period)
Three months ended May 2018
54,291,334 shares
Three months ended May 2017
54,291,373 shares

Note: Implementation status of auditing proceduresThis financial summary is not subject to audits by certified public accountants or audit corporations.
Note: 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 theCompany and 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.
Supplementary Information on Business Results
The Fact Sheet, containing supplementary information on business results for the three months ended May 31, 2018, isscheduled to be posted on the company’s website on July 4, 2018.

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