Hoshino Resorts REIT, Inc. announced a slight upward revision to its ordinary profit forecast for the fiscal year ending October 2026, a substantial downward revision to net profit, and a reduction in its distribution.
Hoshino Resorts REIT, Inc. revised its earnings outlook for the fiscal year ending October 2026, raising its ordinary profit forecast from the previous forecast of ¥3.92 billion to ¥3.97 billion. Ordinary profit was ¥3.99 billion in the previous fiscal year.
Meanwhile, net profit was revised downward from the previous forecast of ¥3.92 billion to ¥3.35 billion, with the expected decline in profit widening from 1.9% to 16.1%.
At the same time, the planned distribution was revised downward from ¥6,700 to ¥6,341, while the previous fiscal year is expected to be ¥6,832.
The article includes a note stating that it was prepared by Kabutan News based on company-published data.