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

Revenue is now projected at 113.6 billion yen, down from 122.9 billion yen. Profit attributable to owners of the parent is expected to be at 15.9 billion yen from 15.2 billion yen, with basic EPS at 163.94 yen up from 156.31 yen.

Tosei has also revised the initial sales plan in the revitalization business, shifting the sales timing of certain properties from this fiscal year to the next and beyond.

The company also revised its year-end dividend forecast to 58 yen per share, up from the previous 55 yen per share, reflecting a payout ratio of 35.4%.