Hotel Newgrand Co.,Ltd. provided earnings guidance for the first half and full year ending November 2022. For the first half, the company expects net sales of JPY 1,653 million, operating loss of JPY 539 million, loss of JPY 550 million or JPY 466.75 per share.

For the full year, the company expects net sales of JPY 3,637 million, operating loss of JPY 883 million, loss of JPY 906 million or JPY 767.56 per share.