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Royal Hotel Ltd (9713.T)

9713.T on Tokyo Stock Exchange

201JPY
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Royal Hotel names new president
Friday, 12 May 2017 03:27am EDT 

May 12 (Reuters) - Royal Hotel Ltd <9713.T>: :* Says it has named Shuichi Kageyama as the new President of the company, to replace Tooru Kawasaki.* Effective date June 29 .  Full Article

Royal Hotel says cancellation of entrusted management contract for hotel in Okinawa
Thursday, 26 Jan 2017 02:15am EST 

Royal Hotel Ltd <9713.T> : Says the entruster (GHO) cancels entrusted management contract signed with co for the hotel in Okinawa . The cancelling date is April 30 .Says the two entities will commence the discussion on entering into franchise agreement.  Full Article

Royal Hotel raises consolidated full-year outlook for FY 2016
Thursday, 28 Apr 2016 03:50am EDT 

Royal Hotel Ltd:Says the company increased the consolidated full-year outlook for revenue to 41,500 mln yen from 40,850 mln yen, for the fiscal year ended March 31, 2016.Operating profit forecast increased to 2,050 mln yen from 1,400 mln yen.Ordinary profit forecast increased to 1,750 mln yen from 1,100 mln yen.Net profit forecast increased to a loss of 450 mln yen from a loss of 1,100 mln yen.Earnings per share increased to a loss of 4.39 yen from a loss of 10.74 yen.Comments the improved performance in core business and cost reduction are the main reasons for the forecast.  Full Article

Royal Hotel to set up new subsidiary by splitting business
Friday, 13 Nov 2015 01:40am EST 

Royal Hotel Ltd:To split its Tokyo-based hotel business to set up a new subsidiary based in Tokyo, on Feb. 1, 2016.  Full Article

Royal Hotel plans to take out loan
Friday, 13 Nov 2015 01:40am EST 

Royal Hotel Ltd:To take out a loan of 27 bln yen from Sumitomo Mitsui Banking Corporation on Nov. 17 with a term of three years and two months.  Full Article

Royal Hotel to acquire property
Friday, 13 Nov 2015 01:40am EST 

Royal Hotel Ltd:To acquire trust beneficial rights of a property located in Osaka, at price of 27 bln yen from MORI TRUST CO., LTD. on Nov. 17.  Full Article

Royal Hotel amends consolidated full-year outlook for FY 2016
Friday, 13 Nov 2015 01:40am EST 

Royal Hotel Ltd:Says the company increased the consolidated full-year outlook for revenue to 40,850 million yen from 40,750 million yen for FY ending March 2016.Operating profit forecast increased to 1,400 million yen from 1,250 million yen.Confirms the ordinary profit forecast at 1,100 million yen.Net profit forecast increased to -1,100 million yen from -1,250 million yen.Earnings per share increased to -10.74 yen from -12.20 yen.Comments the land acquisition is the main reason for the forecast.  Full Article

Royal Hotel raises consolidated mid-year revenue outlook and lowers consolidated year-end outlook for FY 2016; expects extraordinary loss for Q2 of FY 2016
Friday, 18 Sep 2015 05:00am EDT 

Royal Hotel Ltd:Says the company increased the consolidated mid-year outlook for revenue to 19,250 mln yen from 19,100 mln yen, for the fiscal year ending march 31, 2016.Operating profit forecast increased to 350 mln yen from 300 mln yen.Ordinary profit forecast increased to 250 mln yen from 200 mln yen.Sees a decrease of net profit forecast to a loss of 1,950 mln yen from a loss of 240 mln yen.Sees a decrease of earnings per share to a loss of 19.03 yen from a loss of 2.34 yen.Says the company lowered the consolidated full-year outlook for revenue to 40,750 mln yen from 41,000 mln yen for the fiscal year ending march 31, 2016.Sees a decrease of operating profit forecast to 1,250 mln yen from 1,750 mln yen.Sees a decrease of ordinary profit forecast to 1,100 mln yen from 1,600 mln yen.Sees a decrease of net profit forecast to a loss of 1,250 mln yen from 580 mln yen.Sees a decrease of earnings per share to a loss of 12.2 yen from 5.66 yen.Says it expects an extraordinary loss of 1,814 million yen for Q2 of the fiscal year ending march 31, 2016.Says the loss is recorded as an impairment loss due to the lawsuit of subsidiary.  Full Article

Royal Hotel announces lawsuit of subsidiary
Wednesday, 9 Sep 2015 04:45am EDT 

Royal Hotel Ltd:The Tokyo High Court rejected the appeal filed on Feb. 4 by the subsidiary, on requesting a rent decrease, on Sep. 9.  Full Article

Royal Hotel raises mid-year and full-year consolidated outlook for FY 2016
Friday, 7 Aug 2015 03:00am EDT 

Royal Hotel Ltd:Raises mid-year and full-year consolidated outlook for fiscal year ending March 31, 2016.Mid-year revenue outlook of 19,100 mln yen raised from 18,450 mln yen.Mid-year operating profit outlook of 300 mln yen raised from a loss of 300 mln yen.Mid-year ordinary profit outlook of 200 mln yen raised from a loss of 400 mln yen.Mid-year net profit outlook of a loss of 240 mln yen raised from a loss of 750 mln yen.Mid-year earnings per share outlook of a loss of 2.34 yen raised from a loss of 7.32 yen.Full-year revenue outlook of 41,000 mln yen raised from 40,400 mln yen.Full-year operating profit outlook of 1,750 mln yen raised from 1,200 mln yen.Full-year ordinary profit outlook of 1,600 mln yen raised from 1,000 mln yen.Full-year net profit outlook of 580 mln yen raised from 100 mln yen.Full-year earnings per share outlook of 5.66 yen raised from 0.98 yen.Outlook raised due to increased foreign lodgers.  Full Article

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BRIEF-Royal Hotel names new president

* Says it has named Shuichi Kageyama as the new President of the company, to replace Tooru Kawasaki