Resorttrust, Inc. Reports Earnings Results for the Fiscal Year Ended March 31, 2020
May 20, 2020
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Resorttrust, Inc. reported consolidated earnings results for the fiscal year ended March 31, 2020. For the period, net sales were JPY 159,145 million against JPY 179,542 million a year ago. Operating income was JPY 11,652 million against JPY 18,877 million a year ago. Net income was JPY 7,135 million against JPY 12,358 million a year ago. Basic net income per share was JPY 66.65 against JPY 115.53 a year ago. Diluted net income per share fully diluted was JPY 61.29 against JPY 106.42 a year ago.
The company also reported non-consolidated Financial Results for the Fiscal Year Ended March 31, 2020. For the period, net sales were JPY 110,831 million against JPY 134,535 million a year ago. Operating income was JPY 4,525 million against JPY 11,568 million a year ago. Net income was JPY 4,306 million against JPY 8,652 million a year ago. Basic net income per share was JPY 40.23 against JPY 80.89 a year ago. Diluted net income per share fully diluted was JPY 36.89 against JPY 74.43 a year ago.
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. 
