[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-228416-en":3,"doc-seo-228416-105":30,"detail-sidebar-cat-0-en-105":96},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":27,"seo_description":14,"update_tm":28,"read_time":29},228416,687207020761,"Oliver Hayes","https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d",8,"Research & Report","IWzz - 2Q of the year ending Feb. 2019","Agenda and appendix summarize TKP Corporation’s 2Q performance for the fiscal year ending February 2019 on a consolidated basis. Sales, gross profit, operating income, and ordinary income increased year over year, supported by high-value top grades focused on GCP and by accommodation and training facilities. SG&A rose due to the opening of large high-grade facilities, while net income declined because of a valuation loss on investment securities. The document also outlines revised full-year net income guidance and lists new 2Q FY2019.2 facilities.","AGENDA  \nMain topics for the 2Q of the year ending Feb. 2019  \nFuture Business Strategy  \nAPPENDIX  \n........ P 3  \n......P 12  \n......P 20  \nMain topics for the 2Q of the year ending Feb. 2019  \nx  \n3  \nCopyright © TKP Corporation All  \nrights reserved.  \nOverview of the 2Q of the year ending Feb. 2019 (consolidated)  \nTKP set new records for sales, operating income, and ordinary income . However as a result of recording a loss on valuation of investment securities, we ended the quarter with net income of 596 million yen .  \n(millions yen)  \n20,000 18,000 16,000 14,000 12,000 10,000  \n8,000 6,000 4,000 2,000  \n0  \nSales  \n13,983  \n17,610  \n(millions yen) Operating income  \n2Q of FY 2018.2 2Q of FY 2019.2 2Q of FY 2018.2 2Q of FY 2019.2 2Q of FY 2018.2 2Q of FY 2019.2  \n(millions yen) Sales  \n2Q of FY 2018.2 2Q of FY 2019.2  \nYoY  \nAmount % to sales Amount % to sales  \n13,983 100.0% 17,610 100.0% 125.9%  \n\n| Gross Profit | 5,638 | 40.3% | 7,160 | 40.6% | 126.9% |\n| --- | --- | --- | --- | --- | --- |\n| SG&A | 3,339 | 23.8% | 4,576 | 25.9% | 137.0% |\n| Operating income | 2,298 | 16.4% | 2,583 | 14.6% | 112.4% |\n| Ordinary income | 2,116 | 15.1% | 2,450 | 13.9% | 115.7% |\n\nNet income 1,554 11. 1% 596 3. 3% 38. 3%  \nx  \n4  \nCopyright © TKP Corporation All rights reserved.  \nOverview of the 2Q of the year ending Feb. 2019 (consolidated)  \nAlthough there was steady growth in sales, SG&A increased as a result of opening large high-grade facilities.  \n(millions yen)  \nSales  \n9,000 8,000  \n7,000 6,000  \n5,000 4,000  \n3,000 2,000  \n1,000  \n0  \n8,492  \n6,730  \n2Q FY 2018.2 2Q FY 2019.2  \n(millions yen)  \n1,000  \nOperating income  \n900  \n800  \n700  \n600  \n500  \n400  \n300  \n200  \n100  \n0  \n883  \n817  \n2Q FY 2018.2 2Q FY 2019.2  \n(millions yen) Ordinary income  \n1,000  \n900  \n800  \n700  \n600  \n500  \n400  \n300  \n200  \n100  \n0  \n868  \n741  \n2Q FY 2018.2 2Q FY 2019.2  \n(millions yen) Sales  \n2Q of FY 2018.2 2Q of FY 2019.2  \nYoY  \nAmount % to sales Amount % to sales  \n6,730 100.0% 8,492 100.0% 126. 1%  \n\n| Gross Profit | 2,512 | 37.3% | 3,195 | 37.6% | 127.1% |\n| --- | --- | --- | --- | --- | --- |\n| SG&A | 1,628 | 24.1% | 2,377 | 27.9% | 146.0% |\n| Operating income | 883 | 13.1% | 817 | 9.6% | 92.5% |\n| Ordinary income | 868 | 12.8% | 741 | 8.7% | 85.3% |\n\nNet income 806 11.9% △395 △4.6% △49.0%  \nx  \n5  \nCopyright © TKP Corporation All rights reserved.  \nThe forecast for net income in the full year has been revised due an 820 million yen loss on valuation of investment securities.  \nThe forecasts for sales, operating income, and ordinary income remain unchanged.  \n\n| （Million yen） | C o n s o lid at e ds a l e s | C o n s o lid at e d Operating Income | C o n s o lid at e d Ordinary Income | \u003Cbr>N e t I n c o m e\u003Cbr>2,120 | Income per share |\n| --- | --- | --- | --- | --- | --- |\n| Previous forecast ( A ) | 34,550 | 4,004 | 3,729 |  | 65.05 |\n| Current forecast ( B ) | 34,550 | 4,004 | 3,729 | 1,300 | 39.87 |\n| Difference(B-A) | ― | ― | ― | △820 |  |\n| c hanges ( % ) | ― | ― | ― | △38.7% |  |\n| （ re f .） Ac t u al f i gu r e s （ F e b . e n d 2 0 1 8 ） | 28,689 | 3,449 | 3,200 | 2,071 | 63.95 |\n\n Trend of consolidated sales by grade  \nA large contribution to the growth in income was made by the top 3 grades centering on GCP, and by accommodation and training facilities .  \nMillions yen）  \n20,000  \n18,000  \n16,000  \n14,000  \n12,000  \n10,000  \n8,000  \n6,000  \n4,000  \n2,000  \n0  \nx  \n7  \nCopyright © TKP Corporation All rights reserved.  \nTrend of consolidated sales by service  \nThe sales mix also shows an increase in high added-value sales other than room rates .  \n（Millions yen）  \n20,000  \n18,000  \n16,000  \n14,000  \n12,000  \n10,000  \n8,000  \n6,000  \n4,000  \n2,000  \n0  \n785  \n409  \n2,160  \n1,080  \n6,734  \n（7.0%)  \n（3.7%)（19.3%)  \n（9.7%)  \n（60.3%)  \n900  \n1,195  \n2,946  \n1,308  \n7,632  \n（6.4%)  \n（8.5%)  \n（21.1%)  \n（9.4%)  \n（54.6%)  \n1,558 1,893  \n3,442  \n1,642  \n9,074  \n（8.9%)  \n（10.7%)  \n（19.5%)  \n（9.3%)  \n（51.5%)  \n2Q FY 2017.2 2Q FY 2018.2 2","cbCairiKpAJ82FDg","https://ap.wps.com/l/cbCairiKpAJ82FDg","pdf",3892154,1,32,"English","en",105,"# Overview of the 2Q of the year ending Feb. 2019 (consolidated)\n## Future Business Strategy\n## Financial highlights (sales, income, and net income)\n## Full-year forecast revision for net income\n## Trend of consolidated sales by grade\n## Trend of consolidated sales by service\n## New facilities opened in 2Q of FY 2019.2\n## Locations and meeting rooms by grade","[{\"question\":\"What were the main consolidated performance results for the 2Q ending Feb. 2019?\",\"answer\":\"Sales, gross profit, operating income, and ordinary income increased year over year. Net income, however, fell to 596 million yen due to a valuation loss on investment securities.\"},{\"question\":\"Why did net income decrease despite steady growth in sales?\",\"answer\":\"SG\\u0026A increased from opening large, high-grade facilities, and a valuation loss on investment securities was recorded. This valuation loss drove the quarterly net income decrease.\"},{\"question\":\"What changed in the full-year forecast and why?\",\"answer\":\"The full-year net income forecast was revised downward due to an 820 million yen loss from valuation of investment securities. Forecasts for sales, operating income, and ordinary income remained unchanged.\"},{\"question\":\"Which new facilities were opened in 2Q of FY2019.2?\",\"answer\":\"The document lists several openings from June to August 2018, including TKP Garden City Osaka Riverside Hotel, APA Hotel (TKP Keikyu Kawasaki Ekimae), TKP Garden City PREMIUM Yokohama Nishiguchi, and TKP Sapporo Minamiguchi Conference Center.\"}]","IWzz - 2Q of the year ending Feb. 2019 | PDF",1789025383,81,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":91,"head_meta":93,"extra_data":95,"updated_unix":28},"iwzz-2q-of-the-year-ending-feb-2019","",{"@graph":36,"@context":90},[37,54,69],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":53},"https://docshare.wps.com/document/iwzz-2q-of-the-year-ending-feb-2019/228416/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":23,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":41,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-09-11","2026-09-10",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82,86],{"name":73,"@type":74,"acceptedAnswer":75},"What were the main consolidated performance results for the 2Q ending Feb. 2019?","Question",{"text":76,"@type":77},"Sales, gross profit, operating income, and ordinary income increased year over year. Net income, however, fell to 596 million yen due to a valuation loss on investment securities.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"Why did net income decrease despite steady growth in sales?",{"text":81,"@type":77},"SG&A increased from opening large, high-grade facilities, and a valuation loss on investment securities was recorded. This valuation loss drove the quarterly net income decrease.",{"name":83,"@type":74,"acceptedAnswer":84},"What changed in the full-year forecast and why?",{"text":85,"@type":77},"The full-year net income forecast was revised downward due to an 820 million yen loss from valuation of investment securities. Forecasts for sales, operating income, and ordinary income remained unchanged.",{"name":87,"@type":74,"acceptedAnswer":88},"Which new facilities were opened in 2Q of FY2019.2?",{"text":89,"@type":77},"The document lists several openings from June to August 2018, including TKP Garden City Osaka Riverside Hotel, APA Hotel (TKP Keikyu Kawasaki Ekimae), TKP Garden City PREMIUM Yokohama Nishiguchi, and TKP Sapporo Minamiguchi Conference Center.","https://schema.org",{"og:url":52,"og:type":92,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":94,"canonical":52},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":97},[98,102,106,110,115,120,125,128,133,136,140],{"id":20,"doc_module":4,"doc_module_name":46,"category_name":99,"show_sort_weight":100,"slug":101},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":103,"show_sort_weight":104,"slug":105},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},"Exam",70,"exam",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},5,"Comic",60,"comic",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},6,"Technology",50,"technology",{"id":121,"doc_module":4,"doc_module_name":46,"category_name":122,"show_sort_weight":123,"slug":124},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":126,"slug":127},30,"research-report",{"id":129,"doc_module":4,"doc_module_name":46,"category_name":130,"show_sort_weight":131,"slug":132},9,"Religion & Spirituality",20,"religion-spirituality",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":134,"show_sort_weight":131,"slug":135},"World Cup","world-cup",{"id":137,"doc_module":4,"doc_module_name":46,"category_name":138,"show_sort_weight":137,"slug":139},10,"Lifestyle","lifestyle",{"id":141,"doc_module":4,"doc_module_name":46,"category_name":142,"show_sort_weight":111,"slug":143},19,"General","general"]