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TKP shares surge as domestic brokerage raises price target to 4,670 yen

Fri Apr 17, 2026 1:57 pm JST Catalyst

TKP Corporation <3479> shares continued their sharp ascent after SBI Securities raised its price target for the company to 4,670 yen from 4,060 yen. The brokerage maintained its "Buy" rating, highlighting that sales per tsubo for the rental conference room and flexible space business have now surpassed pre-pandemic levels. Analysts at SBI positively evaluated TKP's aggressive expansion into prime Tokyo locations, such as Otemachi, and expressed expectations for synergies following the business integration of two wedding companies. Reflecting this momentum, the brokerage hiked its operating profit forecast for the fiscal year ending February 2028 to 14,500 million yen from a previous estimate of 14,000 million yen.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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