Resorttrust, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
November 22, 2021 at 03:00 am EST
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Resorttrust, Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2022. For the year, the company expects net sales to be JPY 153,000 million against previous guidance of JPY 158,200 million. Operating income to be JPY 8,000 million against previous guidance of JPY 7,000 million. Net income attributable to owners of parent to be JPY 7,000 million against previous guidance of JPY 4,700 million. Net income per share to be JPY 65.59.
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.