TKP Corporation Announces Consolidated Earnings Results for the First Quarter Ended May 31, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020
July 15, 2019
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TKP Corporation announced consolidated earnings results for the first quarter ended May 31, 2019. For the quarter, the company reported Net Sales were ¥10,405 million against ¥9,118 million a year ago. Operating profit was ¥2,087 million against ¥1,765 million a year ago. Profit was ¥411 million against ¥992 million a year ago. Basic earnings per share was ¥12.54 against ¥30.44 a year ago. Diluted earnings per share was ¥12.28 against ¥29.76 a year ago.
For the year ending February 29, 2020, the company expects net sales to be ¥54,897 million. Operating profit to be ¥6,446 million. Profit attributable to owners of parent to be ¥3,169 million or ¥97.01 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 First Quarter Ended May 31, 2019; Provides Earnings Guidance for the Year Ending February 29, 2020
TKP CORPORATION 
