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This document announces the revision of the consolidated earnings forecast for the fiscal year ending March 2026 by Intrance Co., Ltd. The revision is primarily due to lower-than-expected revenues in the real estate and hotel management sectors, particularly the lack of progress in new hotel developments. Delays in fundraising and constraints on business activities have negatively impacted performance. Moving forward, the company plans to utilize the raised funds to expand its hotel management business and promote its real estate operations. This marks the fourth consecutive year of downward revisions, highlighting the need for efforts to restore trust.
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This document announces the revision of the consolidated earnings forecast for the fiscal year ending March 2026 by Intrance Co., Ltd. The revision is primarily due to lower-than-expected revenues in both the real estate and hotel operations sectors. The hotel operations have faced delays in new developments and a deteriorating financial situation, leading to continued operating losses. Moving forward, the company plans to utilize funds raised through financing to promote the development of apartment hotels and expand operations of existing hotels. This marks the fourth consecutive year of downward revisions to earnings forecasts, highlighting the need for efforts to regain trust from shareholders and the market.