Greens Co.,Ltd. Raises Net Profit Forecast 25% on Strong Occupancy
Greens Co.,Ltd. (TSE:6547) has revised upward its earnings and dividend guidance for the fiscal year ending June 2026, citing better-than-expected room occupancy rates and pricing across its properties.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| Revenue | JPY 53.2bn | JPY 53.8bn | JPY 0.6bn | 1.1% |
| Operating Profit | JPY 6.5bn | JPY 6.7bn | JPY 0.2bn | 3.1% |
| Ordinary Income | JPY 6.4bn | JPY 6.65bn | JPY 0.25bn | 3.9% |
| Net Profit | JPY 3.6bn | JPY 4.5bn | JPY 0.9bn | 25.0% |
| EPS | JPY 254.69/share | JPY 327.71/share | JPY 73.02/share | 28.7% |
| Year-end Dividend | JPY 40.00/share | JPY 52.00/share | JPY 12.00/share | 30.0% |
The hospitality operator attributed the revision to revenue management initiatives that have driven occupancy and average room rates above initial projections. While inbound demand has softened due to deteriorating Japan-China relations, the impact remains limited. Despite accounting for new property openings and capital expenditure, operating profit, ordinary income (keijo rieki), and net profit all exceed prior forecasts.
The company increased its year-end dividend by 30% to JPY 52.00/share, reflecting improved profitability and stronger cash generation. The 25% net profit upgrade demonstrates underlying business resilience amid headwinds, signaling solid operational execution and pricing power in the lodging sector.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.