SYLA Announces 2023 Financial Guidance, Plan to Double Dividend Per Share
2023年5月17日 - 9:30PM
SYLA Technologies Co., Ltd. (“SYLA” or “the
Company”), operator of the largest membership real estate
crowd-funding platform in Japan, Rimawari-kun, today announced
financial guidance for the full-year 2023, and a plan to double the
dividend per share (1 share = 100 ADRs) from ¥70 ($0.52) per share
to ¥140 ($1.04) per share for the year ending December 31, 2023,
compared to 2022.
Guidance for Full Year 2023
- Revenue is expected to be between ¥24,700 - ¥26,700 million
($183.7 – $198.6 million).
- Net income from continuing operations (excluding income from
the mining business) is expected to be ¥850 - ¥980 million ($6.3 –
$7.3 million).
- Earnings per share (EPS) is expected to be in the range of
¥1,359(*) to ¥1,637 ($10.11 – $12.18).
*Net income from continuing operations per share
(excluded the income from the mining business)
We expect to have an operating loss for the first half of the
fiscal year ending December 31, 2023, primarily due to the
completion of large-scale properties and fundraising, which are
expected to be concentrated in the second half of the
year. However, as indicated above, for the full year 2023,
operating income is expected to be in the range of ¥850 million to
¥980 million ($6.3 – $7.3 million).
Dividend Target for FY2023 and After
- Based on management’s current expectations for the Company’s
2023 full year results of operations, the Company expects to double
the dividend per share (1 share = 100 ADRs) to be declared from ¥70
($0.52) per share to ¥140 ($1.04) per share for the year ending
December 31, 2023, compared to 2022.
- The Company expects to continue to increase dividends every
year with a mid to long-term target of a dividend payout of 30% of
net income.
“Following the successful close of our IPO and Nasdaq listing,
we’re happy to provide the market guidance on our operations for
the full year 2023, and announce the planned doubling of our
dividend,” said Chairman, Founder, and CEO Hiroyuki Sugimoto.
“These measures reflect our commitment to providing our team and
shareholders not only a transparent view of our performance and
financials, but also to delivering profit and lasting value. This
expectation reflects our confidence in the future prospects of our
financial performance based upon our world class management team,
robust strategic initiatives, and ability to capitalize on emerging
opportunities. We thank our shareholders and team members for their
support as we navigate the everchanging tide of the international
macroeconomic environment.”
Note: Dividends, if any, will be declared by the Company’s Board
of Directors, in its sole discretion. There can be no assurance
that a dividend will be declared, regardless of the Company’s Full
Year 2023 performance and results of operations, or that a
dividend, if declared, will be in a certain amount.
About SYLA Technologies Co., Ltd.Headquartered
in Tokyo, Japan, our company consists of SYLA Technologies Co.,
Ltd. and its consolidated subsidiaries (SYLA Co., Ltd., SYLA Solar
Co., Ltd., SYLA Brain Co., Ltd., and SYLA Biotech Co., Ltd.). The
Company owns and operates the largest membership real estate
crowd-funding platform in Japan, Rimawari-kun, which targets
individuals, corporate and institutional investors, as well as high
net worth individuals. Their mission is to democratize real estate
investment around the world through technology and asset management
through the Rimawari-kun platform. They are engaged in the overall
investment condominium business, including planning, development,
construction, sales, rental management, building management, repair
work, and the sale of properties. Additional information about the
Company’s products and services is available at
https://syla-tech.jp/en
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act and other securities laws. Words such as “expects,”
“anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates”
and similar expressions or variations of such words are intended to
identify forward-looking statements. For example, the Company is
using forward-looking statements when it discusses the expected
gross proceeds and the closing of the offering. Forward-looking
statements are not historical facts, and are based upon
management’s current expectations, beliefs and projections, many of
which, by their nature, are inherently uncertain. Such
expectations, beliefs and projections are expressed in good faith.
However, there can be no assurance that management’s expectations,
beliefs and projections will be achieved, and actual results may
differ materially from what is expressed in or indicated by the
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual performance or
results to differ materially from those expressed in the
forward-looking statements. For a more detailed description of the
risks and uncertainties affecting the Company, reference is made to
the Company’s reports filed from time to time with the Securities
and Exchange Commission (“SEC”), including, but not limited to, the
risks detailed in the Company’s annual report on Form 20-F, filed
with the SEC on April 18, 2023. Forward-looking statements speak
only as of the date the statements are made. The Company assumes no
obligation to update forward-looking statements to reflect actual
results, subsequent events or circumstances, changes in assumptions
or changes in other factors affecting forward-looking information
except to the extent required by applicable securities laws. If the
Company does update one or more forward-looking statements, no
inference should be drawn that the Company will make additional
updates with respect thereto or with respect to other
forward-looking statements. References and links to websites have
been provided as a convenience, and the information contained on
such websites is not incorporated by reference into this press
release.
Contact Information
Gateway Group, Inc.John Yi and Thomas
ThayerSYLA@gatewayir.comTel +1 (949) 574-3860
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SYLA Technologies (NASDAQ:SYT)
過去 株価チャート
から 4 2024 まで 5 2024
SYLA Technologies (NASDAQ:SYT)
過去 株価チャート
から 5 2023 まで 5 2024