Resorttrust, Inc. Provides Earnings Guidance for the Full Year Ending March 31, 2022
May 17, 2021 at 01:00 am EDT
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Resorttrust, Inc. provided earnings guidance for the full year ending March 31, 2022. For the year, the company expected net sales will be JPY 158.2 billion, down JPY 9.3 billion year-on-year basis. Operating income is expected to be JPY 7.0 billion, down JPY 7.7 billion. Ordinary income is expected to be JPY 6.7 billion, down JPY 10.9 billion. Net income is expected to be JPY 4.7 billion, which is naturally up JPY 14.9 billion year-on-year basis.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.
RESORTTRUST, INC. 
