Resorttrust, Inc. Reports Earnings Result for the Fiscal Year Ended March 31, 2021
May 17, 2021 at 01:00 am EDT
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Resorttrust, Inc. reported earnings result for the fiscal year ended March 31, 2021. For the year, the company reported net sales of JPY 167.5 billion, an increase of 5.3% year-on-year basis. Operating income was JPY 14.7 billion, an increase of 26% year-on-year basis. Ordinary income was JPY 17.6 billion, an increase of 41% year-on-year basis. Net income for the year was JPY 10.213 billion.
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. 
