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An announcement from HOTEL NEWGRAND CO., LTD. ( (JP:9720) ) is now available.
Hotel New Grand Co., Ltd. reported steady growth for the first quarter of the fiscal year ending November 2026, with net sales rising 5.3% year on year to ¥1,716 million and operating profit increasing 14.9% to ¥194 million. Ordinary profit climbed 19.3% to ¥192 million and quarterly profit rose 24.0% to ¥233 million, lifting basic earnings per share to ¥198.07.
Despite a slight decline in total assets to ¥8,414 million from ¥8,855 million at the end of the previous fiscal year, net assets improved to ¥3,946 million and the capital adequacy ratio strengthened to 46.9%. Net assets per share also increased, indicating an enhanced financial base, while the company maintained a forecast of no interim dividend for the current fiscal year, signaling a continued focus on internal reserves or future investment over near-term shareholder payouts.
The most recent analyst rating on (JP:9720) stock is a Hold with a Yen5576.00 price target. To see the full list of analyst forecasts on HOTEL NEWGRAND CO., LTD. stock, see the JP:9720 Stock Forecast page.
More about HOTEL NEWGRAND CO., LTD.
Hotel New Grand Co., Ltd. is a Japan-based general business company listed on the Tokyo Stock Exchange Standard market under securities code 97200. The company operates in the hospitality sector, centered on hotel services in Yokohama, and serves domestic guests and corporate clients through accommodation, dining, and related offerings.
Average Trading Volume: 355
Technical Sentiment Signal: Buy
Current Market Cap: Yen6.85B
For a thorough assessment of 9720 stock, go to TipRanks’ Stock Analysis page.