tiprankstipranks
Company Announcements

SYLA Technologies Revises FY2024 Financial Guidance and Dividend Forecast Upwards

Story Highlights
SYLA Technologies Revises FY2024 Financial Guidance and Dividend Forecast Upwards

SYLA Technologies Co., Ltd. ADR ( (SYT) ) has provided an update.

On February 3, 2025, SYLA Technologies announced an upward revision to its financial guidance and dividend forecast for the fiscal year ended December 31, 2024. The company’s revenue and income from operations are now expected to exceed previous guidance due to successful real estate project completions and stable construction costs. Consequently, the year-end dividend per share has been increased significantly, reflecting the company’s commitment to returning profits to shareholders in alignment with business performance.

More about SYLA Technologies Co., Ltd. ADR

Headquartered in Tokyo, Japan, SYLA Technologies Co., Ltd. owns and operates the largest membership real estate crowd-funding platform in Japan, Rimawari-kun. The company targets individual, corporate, and institutional investors, focusing on democratizing real estate investments globally through technology and asset management. SYLA is involved in various aspects of the investment condominium business, including planning, development, construction, sales, rental management, building management, and repairs.

YTD Price Performance: -16.00%

Average Trading Volume: 20,808

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $44.55M

For an in-depth examination of SYT stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App