TKP Corporation Announces Consolidated Earnings Results for the Six Months Ended Aug. 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
October 23, 2018 at 02:30 am
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TKP Corporation announced consolidated earnings results for the six months ended Aug. 31, 2018. For the period, the group reported net sales of JPY 17,610 million, operating income of JPY 2,583 million, ordinary income of JPY 2,450 million and net income attributable to owners of parent of JPY 596 million or JPY 17.88 per diluted share against net sales of JPY 13,983 million, operating income of JPY 2,298 million, ordinary income of JPY 2,116 million and net income attributable to owners of parent of JPY 1,554 million or JPY 47.56 per diluted share a year ago. Net income before income taxes was JPY 1,628 million against JPY 2,603 million a year ago. Cash flow from operating activities was JPY 2,028 million against JPY 1,288 million a year ago. Expenditures for acquisition of tangible fixed assets was JPY 3,130 million against JPY 2,019 million a year ago.
For the full year ending March 31, 2019, the group expected to report net sales of JPY 34,550 million, operating income of JPY 4,004 million, ordinary income of JPY 3,729 million and net income attributable to owners of parent of JPY 1,300 million or JPY 39.87 per share.
TKP Corporation is a Japan-based company mainly engaged in space regeneration distribution business by utilizing idle real estate. It is mainly engaged in meeting rooms and banquet halls leasing services. It manages rental conference rooms through TKP Rental Conference Room Net which is a tool to attract customers. Meeting rooms are used for conferences, seminars and lectures, training, examinations, social gatherings, exhibitions. Rooms are mainly located in metropolitan areas such as Tokyo, Sapporo, Fukuoka, Nagoya, Kyoto, Osaka, Hiroshima, New York and New Jersey. It also provides related services such as drinks and catering, rental options, lodging, event production and management support. Optional services rent meeting equipment. Accommodation service operates new style business hotels with meeting room facilities. It also provides building management services, telemarketing services, medical association operation consulting services and event production services.
TKP Corporation Announces Consolidated Earnings Results for the Six Months Ended Aug. 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
TKP CORPORATION 
