TKP raised its year-end dividend for the fiscal year ending February 2027 to ¥30, marking its first dividend. Sales for the six months ended August were in the ¥69.4 billion range, operating profit was in the ¥4.6 billion range and net profit was in the ¥2.4 billion range, all exceeding the previous year. The company plans to continue dividends with a consolidated payout ratio of around 30% as a guideline.
After trading ended on the 15th, TKP raised its dividend forecast for the fiscal year ending February 2027 from no dividend to a year-end-only dividend of ¥30. The company had remained dividend-free since its founding, but said it now had the framework in place to return profits to shareholders and would seek to provide ongoing dividends with a consolidated payout ratio of around 30% as a guideline.
The consolidated results for the six months ended August, announced at the same time, were sales of ¥69,430 million, up 39.1% year on year, operating profit of ¥4,680 million, up 44.5%, and net profit of ¥2,456 million, up 51.4%. Declining office vacancy rates supported solid demand for fixed-term rental offices and training and seminar facilities.
In addition to growth in the average number of guests and per-event spending in the bridal business, the construction and real estate business performed well, and the On the Page business also posted substantial profit growth. Accordingly, full-year forecasts for the fiscal year ending February 2027 remain unchanged at sales of ¥146 billion, operating profit of ¥11 billion and net profit of ¥4 billion.
Key points to watch include the extent to which the company can maintain its payout ratio, trends in the accommodation and training-related businesses, progress on new investments and the contribution from further development of the space revitalization business.