Hotel Newgrand Co.,Ltd. provided earnings guidance for the period ending May 2024 and November 2024. For period ending May 2024, Company expects net sales of JPY 2,804 million, operating profit of JPY 103 million, profit of JPY 261 million and basic earnings per share of JPY 221.02.

For the period ending November 2024, Company expects net sales of JPY 5,710 million, operating profit of JPY 245 million, profit of JPY 371 million and basic earnings per share of JPY 314.17.