Reported Earnings • Aug 06
First quarter 2027 earnings released: EPS: JP¥23.77 (vs JP¥30.71 in 1Q 2026) First quarter 2027 results: EPS: JP¥23.77 (down from JP¥30.71 in 1Q 2026). Revenue: JP¥7.62b (up 4.9% from 1Q 2026). Net income: JP¥363.0m (down 23% from 1Q 2026). Profit margin: 4.8% (down from 6.5% in 1Q 2026). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Announcement • Jun 27
The Royal Hotel, Limited to Report Q1, 2027 Results on Aug 05, 2026 The Royal Hotel, Limited announced that they will report Q1, 2027 results on Aug 05, 2026 Reported Earnings • May 18
Full year 2026 earnings released: EPS: JP¥76.54 (vs JP¥109 in FY 2025) Full year 2026 results: EPS: JP¥76.54 (down from JP¥109 in FY 2025). Revenue: JP¥29.3b (up 16% from FY 2025). Net income: JP¥1.17b (down 30% from FY 2025). Profit margin: 4.0% (down from 6.6% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • May 15
The Royal Hotel, Limited, Annual General Meeting, Jun 25, 2026 The Royal Hotel, Limited, Annual General Meeting, Jun 25, 2026. Announcement • May 10
The Royal Hotel, Limited to Report Fiscal Year 2026 Results on May 14, 2026 The Royal Hotel, Limited announced that they will report fiscal year 2026 results on May 14, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (0.9%). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: JP¥93.83 (vs JP¥152 in 3Q 2025) Third quarter 2026 results: EPS: JP¥93.83 (down from JP¥152 in 3Q 2025). Revenue: JP¥8.70b (up 6.2% from 3Q 2025). Net income: JP¥1.43b (down 38% from 3Q 2025). Profit margin: 17% (down from 28% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. New Risk • Nov 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥13.6b market cap, or US$86.3m). Reported Earnings • Nov 18
Second quarter 2026 earnings released: JP¥4.65 loss per share (vs JP¥20.17 loss in 2Q 2025) Second quarter 2026 results: JP¥4.65 loss per share (improved from JP¥20.17 loss in 2Q 2025). Revenue: JP¥6.46b (up 33% from 2Q 2025). Net loss: JP¥71.0m (loss narrowed 77% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Oct 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.3b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (JP¥15.3b market cap, or US$99.9m). Announcement • Sep 27
The Royal Hotel, Limited to Report Q2, 2026 Results on Nov 14, 2025 The Royal Hotel, Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Board Change • Aug 25
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Takeshi Kunibe was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 05
First quarter 2026 earnings released: EPS: JP¥30.71 (vs JP¥10.80 loss in 1Q 2025) First quarter 2026 results: EPS: JP¥30.71 (up from JP¥10.80 loss in 1Q 2025). Revenue: JP¥7.26b (up 40% from 1Q 2025). Net income: JP¥469.0m (up JP¥634.0m from 1Q 2025). Profit margin: 6.5% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 05
Now 23% overvalued Over the last 90 days, the stock has fallen 2.4% to JP¥980. The fair value is estimated to be JP¥795, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years, while earnings per share has been flat. Announcement • Jul 02
The Royal Hotel, Limited to Report Q1, 2026 Results on Aug 04, 2025 The Royal Hotel, Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • Jun 27
Full year 2025 earnings released: EPS: JP¥109 (vs JP¥55.33 in FY 2024) Full year 2025 results: EPS: JP¥109 (up from JP¥55.33 in FY 2024). Revenue: JP¥25.2b (up 22% from FY 2024). Net income: JP¥1.67b (up 98% from FY 2024). Profit margin: 6.6% (up from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
Full year 2025 earnings released: EPS: JP¥114 (vs JP¥55.33 in FY 2024) Full year 2025 results: EPS: JP¥114 (up from JP¥55.33 in FY 2024). Revenue: JP¥25.2b (up 22% from FY 2024). Net income: JP¥1.74b (up 106% from FY 2024). Profit margin: 6.9% (up from 4.1% in FY 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • May 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥13.9b (US$95.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin). Market cap is less than US$100m (JP¥13.9b market cap, or US$95.4m). Announcement • May 14
The Royal Hotel, Limited, Annual General Meeting, Jun 24, 2025 The Royal Hotel, Limited, Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥962, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total loss to shareholders of 14% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 3.8% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (0.8%). New Risk • Mar 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥14.8b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin). Market cap is less than US$100m (JP¥14.8b market cap, or US$99.9m). Buy Or Sell Opportunity • Mar 03
Now 21% undervalued Over the last 90 days, the stock has risen 30% to JP¥1,058. The fair value is estimated to be JP¥1,344, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Mar 01
The Royal Hotel, Limited to Report Fiscal Year 2025 Results on May 14, 2025 The Royal Hotel, Limited announced that they will report fiscal year 2025 results on May 14, 2025 New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.6% net profit margin). Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: JP¥152 (vs JP¥48.58 in 3Q 2024) Third quarter 2025 results: EPS: JP¥152 (up from JP¥48.58 in 3Q 2024). Revenue: JP¥8.19b (up 36% from 3Q 2024). Net income: JP¥2.32b (up 212% from 3Q 2024). Profit margin: 28% (up from 12% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Jan 05
The Royal Hotel, Limited to Report Q3, 2025 Results on Feb 14, 2025 The Royal Hotel, Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released: JP¥20.17 loss per share (vs JP¥3.93 loss in 2Q 2024) Second quarter 2025 results: JP¥20.17 loss per share (further deteriorated from JP¥3.93 loss in 2Q 2024). Revenue: JP¥4.88b (up 2.7% from 2Q 2024). Net loss: JP¥308.0m (loss widened 413% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Nov 11
The Royal Hotel, Limited (TSE:9713) agreed to acquire an additional 70.70% stake in Shiba Park Hotel Co.,Ltd. for ¥3.0 billion. The Royal Hotel, Limited (TSE:9713) agreed to acquire an additional 70.70% stake in Shiba Park Hotel Co.,Ltd. for ¥3.0 billion on November 11, 2024. Upon completion, The Royal Hotel, Limited will own 79.10% stake in Shiba Park Hotel Co.,Ltd. For the period ending December 31, 2023, Shiba Park Hotel Co.,Ltd. reported total revenue of ¥4.77 billion, EBIT of ¥595 million and net income of ¥388 million. As of December 31, 2023, Shiba Park Hotel Co.,Ltd. reported total assets of ¥4.74 billion and total common equity of ¥2.66 billion. The expected completion of the transaction is November 29, 2024. Announcement • Sep 05
The Royal Hotel, Limited to Report Q2, 2025 Results on Nov 11, 2024 The Royal Hotel, Limited announced that they will report Q2, 2025 results on Nov 11, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to JP¥815, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 23x in the Hospitality industry in Japan. Total loss to shareholders of 33% over the past three years. Announcement • Jun 30
The Royal Hotel, Limited to Report Q1, 2025 Results on Aug 02, 2024 The Royal Hotel, Limited announced that they will report Q1, 2025 results on Aug 02, 2024 New Risk • Jun 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.1% Last year net profit margin: 50% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.1% net profit margin). New Risk • May 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: JP¥15.6b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (JP¥15.6b market cap, or US$99.7m). New Risk • May 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 49% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (49% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • May 16
Full year 2024 earnings released: EPS: JP¥58.99 (vs JP¥1,253 in FY 2023) Full year 2024 results: EPS: JP¥58.99 (down from JP¥1,253 in FY 2023). Revenue: JP¥20.7b (down 22% from FY 2023). Net income: JP¥901.0m (down 93% from FY 2023). Profit margin: 4.4% (down from 50% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • May 15
The Royal Hotel, Limited, Annual General Meeting, Jun 25, 2024 The Royal Hotel, Limited, Annual General Meeting, Jun 25, 2024. Announcement • Mar 02
The Royal Hotel, Limited to Report Fiscal Year 2024 Results on May 13, 2024 The Royal Hotel, Limited announced that they will report fiscal year 2024 results on May 13, 2024 Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: JP¥48.58 (vs JP¥21.38 in 3Q 2023) Third quarter 2024 results: EPS: JP¥48.58 (up from JP¥21.38 in 3Q 2023). Revenue: JP¥6.03b (down 25% from 3Q 2023). Net income: JP¥742.0m (up 239% from 3Q 2023). Profit margin: 12% (up from 2.7% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Dec 28
The Royal Hotel, Limited to Report Q3, 2024 Results on Feb 07, 2024 The Royal Hotel, Limited announced that they will report Q3, 2024 results on Feb 07, 2024 New Risk • Nov 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 68% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (68% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Reported Earnings • Nov 16
Second quarter 2024 earnings released: JP¥3.93 loss per share (vs JP¥114 loss in 2Q 2023) Second quarter 2024 results: JP¥3.93 loss per share (improved from JP¥114 loss in 2Q 2023). Revenue: JP¥4.75b (down 12% from 2Q 2023). Net loss: JP¥60.0m (loss narrowed 95% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 06
The Royal Hotel, Limited to Report Q2, 2024 Results on Nov 13, 2023 The Royal Hotel, Limited announced that they will report Q2, 2024 results on Nov 13, 2023 New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 03
First quarter 2024 earnings released: JP¥1.31 loss per share (vs JP¥62.29 loss in 1Q 2023) First quarter 2024 results: JP¥1.31 loss per share (improved from JP¥62.29 loss in 1Q 2023). Revenue: JP¥4.68b (down 19% from 1Q 2023). Net loss: JP¥20.0m (loss narrowed 97% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 06
The Royal Hotel, Limited to Report Q1, 2024 Results on Aug 02, 2023 The Royal Hotel, Limited announced that they will report Q1, 2024 results on Aug 02, 2023 Reported Earnings • May 16
Full year 2023 earnings released: EPS: JP¥1,253 (vs JP¥470 loss in FY 2022) Full year 2023 results: EPS: JP¥1,253 (up from JP¥470 loss in FY 2022). Revenue: JP¥26.4b (up 60% from FY 2022). Net income: JP¥13.3b (up JP¥18.1b from FY 2022). Profit margin: 50% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: JP¥21.38 (vs JP¥6.74 in 3Q 2022) Third quarter 2023 results: EPS: JP¥21.38 (up from JP¥6.74 in 3Q 2022). Revenue: JP¥8.03b (up 40% from 3Q 2022). Net income: JP¥219.0m (up 217% from 3Q 2022). Profit margin: 2.7% (up from 1.2% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Dec 30
The Royal Hotel, Limited to Report Q3, 2023 Results on Feb 08, 2023 The Royal Hotel, Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Ozaki was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: JP¥114 loss per share (vs JP¥139 loss in 2Q 2022) Second quarter 2023 results: JP¥114 loss per share (improved from JP¥139 loss in 2Q 2022). Revenue: JP¥5.40b (up 57% from 2Q 2022). Net loss: JP¥1.17b (loss narrowed 18% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Sep 04
The Royal Hotel, Limited to Report Q2, 2023 Results on Nov 11, 2022 The Royal Hotel, Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Reported Earnings • Aug 06
First quarter 2023 earnings released: JP¥62.29 loss per share (vs JP¥171 loss in 1Q 2022) First quarter 2023 results: JP¥62.29 loss per share (up from JP¥171 loss in 1Q 2022). Revenue: JP¥5.75b (up 96% from 1Q 2022). Net loss: JP¥638.0m (loss narrowed 64% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Announcement • Jun 29
The Royal Hotel, Limited to Report Q1, 2023 Results on Aug 04, 2022 The Royal Hotel, Limited announced that they will report Q1, 2023 results on Aug 04, 2022 Announcement • Jun 16
The Royal Hotel, Limited to Report Fiscal Year 2022 Results on Jun 28, 2022 The Royal Hotel, Limited announced that they will report fiscal year 2022 results on Jun 28, 2022 Announcement • May 18
The Royal Hotel, Limited, Annual General Meeting, Jun 28, 2022 The Royal Hotel, Limited, Annual General Meeting, Jun 28, 2022. Reported Earnings • May 16
Full year 2022 earnings released: JP¥470 loss per share (vs JP¥911 loss in FY 2021) Full year 2022 results: JP¥470 loss per share (up from JP¥911 loss in FY 2021). Revenue: JP¥16.5b (up 5.3% from FY 2021). Net loss: JP¥4.81b (loss narrowed 49% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Hiroshi Ozaki was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 08
The Royal Hotel, Limited to Report Fiscal Year 2022 Results on May 13, 2022 The Royal Hotel, Limited announced that they will report fiscal year 2022 results on May 13, 2022 Announcement • Mar 31
The Royal Hotel, Limited announced that it has received ¥10 billion in funding from SMBC Capital Partners Co., Ltd., DBJ Regional Investment Co., Ltd. On March 30, 2022, The Royal Hotel, Limited closed the transaction. Reported Earnings • Feb 12
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: JP¥6.74 (up from JP¥292 loss in 3Q 2021). Revenue: JP¥5.76b (flat on 3Q 2021). Net income: JP¥69.0m (up JP¥3.06b from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Feb 01
The Royal Hotel, Limited announced that it expects to receive ¥10 billion in funding from SMBC Capital Partners, DBJ Regional Investment Co., Ltd. The Royal Hotel, Limited announced a private placement for gross proceeds of ¥10,000,000,000 on January 31, 2022. The company will issue 40,000 class B preferred shares at a price of ¥50,000 per share for gross proceeds of ¥2,000,000,000 to new investor SMBCCP No. 1 Fund L.P., a fund managed by SMBC Capital Partners and 160,000 class C preferred shares at a price of ¥50,000 per share for gross proceeds of ¥8,000,000,000 to new investor DBJ Food and Beverage / Lodging Support Fund L.P., a fund managed by DBJ Regional Investment Co., Ltd. The company will incur expenses of ¥140,000,000 in the transaction. The transaction is expected to close on March 30, 2022. The transaction has been approved by board of directors of the company and is subject to shareholder approval at the Extraordinary General Meeting of Shareholders to be held on March 28, 2022. Reported Earnings • Nov 11
Second quarter 2022 earnings released: JP¥139 loss per share (vs JP¥128 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: JP¥3.45b (down 11% from 2Q 2021). Net loss: JP¥1.42b (loss widened 8.7% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 29
Full year 2021 earnings released: JP¥911 loss per share (vs JP¥70.98 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥15.6b (down 58% from FY 2020). Net loss: JP¥9.33b (down JP¥10.1b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
Full year 2021 earnings released: JP¥911 loss per share (vs JP¥70.98 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥15.6b (down 58% from FY 2020). Net loss: JP¥9.33b (down JP¥10.1b from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Announcement • Mar 07
The Royal Hotel, Limited to Report Fiscal Year 2021 Results on May 13, 2021 The Royal Hotel, Limited announced that they will report fiscal year 2021 results on May 13, 2021 Is New 90 Day High Low • Feb 24
New 90-day high: JP¥1,265 The company is up 6.0% from its price of JP¥1,192 on 26 November 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Hospitality industry, which is also up 6.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: JP¥292 loss per share (vs JP¥24.21 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥5.79b (down 47% from 3Q 2020). Net loss: JP¥2.99b (down JP¥3.24b from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 84% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 24
New 90-day low: JP¥1,124 The company is down 20% from its price of JP¥1,401 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 01
New 90-day low: JP¥1,172 The company is down 11% from its price of JP¥1,312 on 02 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 12% over the same period. Announcement • Aug 30
The Royal Hotel, Limited to Report Q2, 2021 Results on Nov 12, 2020 The Royal Hotel, Limited announced that they will report Q2, 2021 results on Nov 12, 2020