Syla Holdings Announces Revision to Full-Year Consolidated Earnings Forecast and Year-End Dividend Forecast (Dividend Increase)
Syla Holdings announced an upward revision to its full-year consolidated earnings forecast for the fiscal year ending May 2026 and a 1-yen dividend increase. Strong sales of new condominiums and unplanned real estate sales contributed to this. Meanwhile, the net income forecast remains unchanged due to special losses from subsidiary liquidation.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 21:00
- 🔍 Collected: May 20, 2026 at 12:31
- 🤖 AI Analyzed: May 20, 2026 at 12:39 (7 min after Collected)
Syla Holdings Co., Ltd. announced that at the Board of Directors meeting held today, based on recent earnings trends, the company decided to revise the full-year consolidated earnings forecast and year-end dividend forecast for the fiscal year ending May 2026, which were announced on October 15, 2025, as follows:
## Revision of Full-Year Earnings Forecast
For the third quarter cumulative period of the fiscal year ending May 2026, sales and operating/ordinary profit are expected to exceed initial forecasts due to the steady progress of new condominium sales as planned, as well as multiple unplanned sales of real estate for sale, including properties listed in the "(Progress of Disclosure Items) Completion of Sales Settlement of Real Estate for Sale and Receipt of Construction Orders" disclosed on May 15.
However, the company plans to record special losses due to the liquidation of consolidated subsidiaries and impairment of owned assets as preparation for realizing sustainable growth. Consequently, the net income attributable to the owners of the parent company will remain unchanged from the full-year consolidated earnings forecast for the fiscal year ending May 2026 announced on October 15, 2025.
Therefore, based on the performance trends for the third quarter cumulative period and the fourth quarter of the fiscal year ending May 2026, the full-year earnings forecast for the fiscal year ending May 2026 has been revised as stated above.
## Revision of Year-End Dividend Forecast
We recognize the return of profits to our shareholders as a key management task.
As stated above, since we have revised our full-year consolidated earnings for the fiscal year ending May 2026 upward, and in accordance with our previous policy of aiming to increase dividends per share through profit growth, we are increasing the forecast for the dividend per share (year-end) for the fiscal year ending May 2026 by 1.00 yen from 6.00 yen (which included a 1.00 yen commemorative dividend) to 7.00 yen.
In addition, although there are concerns about a decrease in the supply of materials due to the conflict in the Strait of Hormuz, we will continue our business operations so that we can continue to return dividends to our shareholders at the same level or higher from next fiscal year onwards.
Scheduled date of financial results announcement: July 15, 2026
## Revision of Full-Year Earnings Forecast
For the third quarter cumulative period of the fiscal year ending May 2026, sales and operating/ordinary profit are expected to exceed initial forecasts due to the steady progress of new condominium sales as planned, as well as multiple unplanned sales of real estate for sale, including properties listed in the "(Progress of Disclosure Items) Completion of Sales Settlement of Real Estate for Sale and Receipt of Construction Orders" disclosed on May 15.
However, the company plans to record special losses due to the liquidation of consolidated subsidiaries and impairment of owned assets as preparation for realizing sustainable growth. Consequently, the net income attributable to the owners of the parent company will remain unchanged from the full-year consolidated earnings forecast for the fiscal year ending May 2026 announced on October 15, 2025.
Therefore, based on the performance trends for the third quarter cumulative period and the fourth quarter of the fiscal year ending May 2026, the full-year earnings forecast for the fiscal year ending May 2026 has been revised as stated above.
## Revision of Year-End Dividend Forecast
We recognize the return of profits to our shareholders as a key management task.
As stated above, since we have revised our full-year consolidated earnings for the fiscal year ending May 2026 upward, and in accordance with our previous policy of aiming to increase dividends per share through profit growth, we are increasing the forecast for the dividend per share (year-end) for the fiscal year ending May 2026 by 1.00 yen from 6.00 yen (which included a 1.00 yen commemorative dividend) to 7.00 yen.
In addition, although there are concerns about a decrease in the supply of materials due to the conflict in the Strait of Hormuz, we will continue our business operations so that we can continue to return dividends to our shareholders at the same level or higher from next fiscal year onwards.
Scheduled date of financial results announcement: July 15, 2026
FAQ
What is the dividend increase from this earnings revision?
The year-end dividend will be 7 yen, an increase of 1 yen from the previous forecast of 6 yen.
Will net income attributable to owners of the parent company increase?
Due to the booking of special losses, it will remain as previously forecasted.
What are the future concerns?
There are concerns about a decrease in construction material supply due to the conflict in the Strait of Hormuz.