HOTEL NEWGRAND CO.,LTD.
9720・Standard Market・Services
Hotel Business
Accommodation, food & beverage, and banquet operations centered on Hotel New Grand are the mainstay business
| Period | Current | Previous | Change |
|---|---|---|---|
| Sales (Hotel Business) - Cumulative H1 | ¥3,523 million | ¥3,266 million | ↑ |
| Operating income (Hotel Business) - Cumulative H1 | ¥373 million | ¥301 million | ↑ |
| Sales (Hotel Business) - Full-year results (reference: prior year) | ¥6,481 million | ― | — |
| Operating income (Hotel Business) - Full-year results (reference: prior year) | ¥267 million | ― | — |
| Accommodation division sales - Cumulative H1 | ¥1,114 million | ¥1,017 million (calculated from 9.5% year-on-year increase) | ↑ |
| Restaurant division sales - Cumulative H1 | ¥818 million | ¥741 million (calculated from 10.4% year-on-year increase) | ↑ |
| Banquet division sales - Cumulative H1 | ¥1,235 million | ¥1,162 million (calculated from 6.3% year-on-year increase) | ↑ |
Business Details
Located in front of Yamashita Park in Yokohama, Hotel New Grand operates its three core divisions—accommodation, restaurant, and banquet (including weddings)—and also runs restaurants within Takashimaya Yokohama and Sogo Yokohama department stores, as well as product sales through its external sales brand "S.YWILLE." Against a backdrop of inbound demand capture and recovering domestic banquet demand, both occupancy rates and room rates have shown an improving trend. This is the core segment, accounting for approximately 99% of the company's sales.
Recent Overview
All divisions achieved sales growth, with operating income improving significantly by 23.9% year on year
In the H1 of FY2026 (ending November 2026) (December 2025 to May 2026), Hotel Business sales were ¥3,523 million (up 7.9% year on year), and operating income was ¥373 million (up 23.9% year on year). All three core divisions—accommodation, restaurant, and banquet—achieved sales growth, with particularly notable increases in the Restaurant Division (+10.4%) and the Accommodation Division (+9.5%). In addition, a gain on conversion of rights related to fixed assets of ¥79 million (extraordinary income) was recorded in this interim period, and expenditure on acquisition of tangible fixed assets increased significantly to ¥555 million from ¥180 million in the prior interim period, indicating accelerating capital investment.
Key Products
Growth Drivers
- Continued expansion of inbound demand (supported by yen depreciation and deregulation)
- Increase in domestic tourism demand and recovery in large-scale banquet demand
- Expansion of business scope through new store openings under the external sales brand "S.YWILLE"
- Creation of a new attraction spot with the completion of the main building's courtyard, "Aqua Bloom"
- Boost to sales per unit from rising occupancy rates and improved room rates
Risks
- Chronic labor shortages and rising labor costs squeezing profitability
- Increased costs due to soaring resource prices (food ingredients, energy, etc.)
- Intensifying competition from expanded supply of new hotels (including luxury-class) in the surrounding area
- Risk of fluctuation in inbound demand due to U.S. trade policy, geopolitical risk, and heightened Japan-China tensions
- Risk of stagnation in personal consumption due to rising domestic prices
Last updated: February 25, 2026