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HOTEL NEWGRAND CO.,LTD., June-August (3Q) Ordinary Profit Loss Widens
9720 HOTEL NEWGRAND CO.,LTD. 【J-GAAP】
Earnings ReportHOTEL NEWGRAND CO.,LTD. <9720> [TSE-S] announced its financial results after the market closed on October 9th (15:00). The ordinary profit (non-consolidated) for the cumulative third quarter of the fiscal year ending November 2024 (December 2023 to August 2024) increased by 23.2% from the same period last year, reaching 138 million yen. However, The progress rate against the 308 million yen full-year plan was 44.8%, almost the same as the same period of the previous year of 43.6%.
Based on the third-quarter cumulative performance announced by the company and the unchanged full-year plan, our calculation indicates that the ordinary profit for the September to November period (4Q) is expected to grow by 17.2% from the same period last year, reaching 170 million yen.
In the most recent three-month period, from June to August (3Q), the ordinary loss expanded to a loss of 89 million yen (compared to a loss of 1 million yen in the same period last year). The operating profit/loss margin drastically worsened from 0.3% in the same period last year to -6.3%.
Kabutan News
Actual Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Dec - Aug, 2021 | 3,009 | -300 | -236 | -242 | -204.9 | ー | Oct 12, 2022 | J-GAAP |
Dec - Aug, 2022 | 3,849 | 130 | 112 | 110 | 93.2 | 43.6 | Oct 11, 2023 | J-GAAP |
Dec - Aug, 2023 | 4,240 | 144 | 138 | 200 | 169.6 | 44.8 | Oct 9, 2024 | J-GAAP |
YoY | +10.2% | +10.8% | +23.2% | +81.8% | +82.0% |
Current Period Guidance
Second Half Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Nov, 2023 | 2,768 | 157 | 144 | 281 | 238.2 | 25 | Jan 12, 2024 | J-GAAP |
Jun - Nov, 2024 Guidance | 2,910 | 93 | 81 | 61 | 51.7 | 25 | Jul 8, 2024 | J-GAAP |
YoY | +5.1% | -40.8% | -43.8% | -78.3% | -78.3% |
Current Period Guidance
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Nov, 2022 | 4,281 | -385 | -323 | -349 | -295.7 | 0 | Jan 13, 2023 | J-GAAP |
Nov, 2023 | 5,372 | 283 | 257 | 393 | 333.1 | 25 | Jan 12, 2024 | J-GAAP |
Nov, 2024 Guidance | 5,830 | 320 | 308 | 449 | 380.3 | 25 | Jul 8, 2024 | J-GAAP |
YoY | +8.5% | +13.1% | +19.8% | +14.2% | +14.2% |
Quarterly Results
Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
---|---|---|---|---|---|---|---|---|
Jun - Aug, 2023 | 1,245 | 4 | -1 | -2 | -1.7 | 0.3 | Oct 11, 2023 | J-GAAP |
Sep - Nov, 2023 | 1,523 | 153 | 145 | 283 | 239.8 | 10.0 | Jan 12, 2024 | J-GAAP |
Dec - Feb, 2023 | 1,409 | 124 | 124 | 136 | 115.9 | 8.8 | Apr 11, 2024 | J-GAAP |
Mar - May, 2024 | 1,511 | 103 | 103 | 252 | 213.6 | 6.8 | Jul 10, 2024 | J-GAAP |
Jun - Aug, 2024 | 1,320 | -83 | -89 | -188 | -159.4 | -6.3 | Oct 9, 2024 | J-GAAP |
YoY | +6.0% | - | -8,800.0% | -9,300.0% | -9,332.0% |
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