Q2 2019 Park24 Co Ltd Earnings Presentation Transcript

May 31, 2019 / NTS GMT

Transcript

Koichi Nishikawa

PARK24 Co., Ltd. - President & Representative Director

This is Nishikawa. Thank you so much for taking your precious time today to attend PARK24'S financial results briefing meeting for the second quarter of the fiscal year ended in October 2019. Now based on the presentation material, I would like to explain the performance of the second quarter.

First, the consolidated results of the first half. Please turn to Page 3. Net sales was JPY 154.1 billion, 108.1% compared to the previous year. Recurring profit was JPY 9.5 billion, which was 106.6% of the previous year. The progress is mostly in line with the initial plan.

In the performance of the first half, as written in the bottom comments, we included the expense of JPY 600 million for moving into this new headquarter building. Our original plan was to include the

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