Resorttrust, Inc. Announces the Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2021 Is Undecided
May 20, 2020
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Resorttrust, Inc. announced that regarding the forecast for the fiscal year ending March 31, 2021, since the impact of the spread of new coronavirus infection on the market etc. is extremely unclear, it is difficult to make reasonable estimates at this point. Consequently, the forecast of consolidated financial results for the fiscal year ending March 31, 2021 is undecided. The Group will announce the forecast as soon as it becomes possible to make reasonable estimates.
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.