TOKYO -- Riso Kyoiku's group pretax profit is expected to jump 20% to 2.5 billion yen ($22.6 million) in the year ending February 2018 as the Japanese cram school operator opens more locations in the Tokyo metropolitan area.
Sales are seen growing 10% to 23 billion yen. The annual dividend payout will likely rise to 28 yen per share from the 25 yen forecast for the just-ended year.
