Hotel Newgrand Co.,Ltd. provided financial guidance for period ending May 2021 and November 2021. For the period ending May 2021, the company expected net sales of JPY 1,486 million, Operating loss of JPY 445 million, loss was JPY 452 million and Basic loss per share of JPY 383.68. For the period ending November 2021, the company expected net sales of JPY 3,316 million, Operating loss of JPY 670 million, loss was JPY 696 million and Basic loss per share of JPY 590.80.