Tkp Corporation Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2018
January 14, 2018
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TKP Corporation reported consolidated earnings results for the nine months ended November 30, 2017. For the period, the company reported net sales of JPY 21,301 million as compared to JPY 16,510 million for the same period last year. Operating Income was JPY 3,042 million as compared to JPY 2,599 million for the same period last year. Ordinary Income was JPY 2,821 million as compared to JPY 2,501 million for the same period last year. Net Income Attributable to Owners of Parent was JPY 1,984 million as compared to JPY 1,344 million for the same period last year. Diluted net income per share was JPY 60.43. Net income before income taxes was JPY 3,308 million as compared to JPY 2,365 million for the same period last year. Net income was JPY 1,985 million as compared to JPY 1,342 million for the same period last year.
For the year ending February 28, 2018, the company expects net sales of JPY 26,839 million, operating income of JPY 3,271 million, ordinary income of JPY 3,021 million, net income attributable to owners of parent was JPY 1,705 million and net income per share was JPY 52.66.
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 Reports Consolidated Earnings Results for the Nine Months Ended November 30, 2017; Provides Consolidated Earnings Guidance for the Year Ending February 28, 2018