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TOKYO - LogProstyle Inc. (NYSE American:LGPS), a Japanese real estate renovation and hospitality company with a market capitalization of $19.85 million, reported a 46% increase in total revenue to ¥20.65 billion ($138 million) for the fiscal year ended March 31, 2025, according to a press release statement. InvestingPro analysis indicates the stock is currently trading near its Fair Value, with multiple metrics suggesting attractive valuation multiples.
The company’s real estate segment, which accounts for the majority of its business, saw revenue rise 52% to ¥18.82 billion ($126 million), driven by a 73% increase in units sold. LogProstyle sold 187 real estate units during the fiscal year, up from 98 units in the previous year, with new condominium development units rising to 102 from 40. Despite operating in a competitive market with a modest gross profit margin of 17.77%, the company maintains profitability with positive earnings over the last twelve months.
Hotel revenue increased 20% to ¥1.25 billion ($8 million), supported by a 390 basis point improvement in occupancy rates to 74.7%, despite a 13% decrease in average daily rates.
Net income more than doubled to ¥754 million ($5 million) from ¥324 million in fiscal 2024, with earnings per share growing to ¥34.76 ($0.23) from ¥15.37.
The company’s board approved a cash dividend of $0.023 per share, which was approved by shareholders at the Annual General Meeting on June 30. The dividend is payable on August 5 to shareholders of record as of July 7. With the stock currently trading at $0.84, significantly below its 52-week high of $7.20, InvestingPro subscribers have access to 14 additional investment tips and comprehensive financial metrics to evaluate this opportunity.
LogProstyle has expanded internationally, establishing a U.S. subsidiary in Las Vegas in December 2024 and signing a Memorandum of Association with the Dubai Department of Economy and Tourism in April 2025.
The company noted that its equity ratio improved to 15.6%, a 733 basis point increase from the previous year, reflecting a stronger financial position. This improvement is supported by a healthy current ratio of 2.2, indicating strong liquidity with assets well-positioned to cover short-term obligations. InvestingPro data shows the company maintains an overall "Fair" financial health rating, considering multiple financial metrics and market indicators.
In other recent news, LogProstyle Inc. announced that shareholders approved all proposals presented at its Annual General Meeting. The meeting saw the election of ten directors, with five deemed independent, for one-year terms, marking a shift from the previous two-year terms. Additionally, shareholders approved a Performance Share Plan for directors and executives, with a cap of JPY 200 million per performance period and a maximum of 500,000 shares to be awarded based on meeting specific targets. The company’s non-consolidated financial statements for the fiscal year ending March 31, 2025, were also approved, alongside amendments to the Articles of Incorporation. KSM & Partners Audit Corporation was appointed as the new accounting auditor. Furthermore, a dividend of $0.023 per share, totaling $543,000, was sanctioned, payable to shareholders of record as of July 7, 2025. These developments were disclosed in a company press release and will be filed with the Securities and Exchange Commission.
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