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Resorttrust Revises Earnings and Dividend Forecasts Upward Amidst Strong Performance

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Resorttrust Revises Earnings and Dividend Forecasts Upward Amidst Strong Performance

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An update from Resorttrust ( (JP:4681) ) is now available.

Resorttrust, Inc. has revised its financial and dividend forecasts for the fiscal year ending March 31, 2025, due to strong business performance. The company expects increased net sales and income figures, attributing the positive outlook to the successful opening of the SANCTUARY COURT BIWAKO membership resort hotel and robust sales in its membership operations. Additionally, the annual dividend per share forecast has been increased to 60 yen due to these strong earnings, marking a record high for the company. Resorttrust also announced a two-for-one stock split to enhance liquidity and expand its investor base.

More about Resorttrust

Resorttrust, Inc. operates in the hospitality industry, primarily focusing on membership resort hotels and medical memberships. The company is listed on the Prime of Tokyo Stock Exchange and the Premier of Nagoya Stock Exchange.

YTD Price Performance: 5.32%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.13B

See more insights into 4681 stock on TipRanks’ Stock Analysis page.

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