Tosei (TYO:8923) has revised its full-year earnings and dividend forecasts for the fiscal year ending Nov. 30 due to favorable performance trends, according to its filing on Monday.

Revenue is now projected at 82.2 billion yen, with a profit attributable to owners of the parent at 11.9 billion.

The increase is attributed to stronger sales in the Revitalization Business and better-than-expected performance in the Hotel Business.

The company also revised its year-end dividend forecast to 79 yen per share, up from the previous 77 yen per share, reflecting a payout ratio of 32.2%.

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