Consumer cost-consciousness, intensifying competition, and higher raw material and construction costs
First written in FY2016. 13 of 25 entries say "Restated". Latest entry: 2026-11-13.
No other company in this theme has enough history to compare yet.
- FY2024-Q2WorsenedAnnual report
「However, the outlook remains uncertain due to soaring energy costs and prices resulting from the prolonged situation in Ukraine and the weaker yen, as well as concerns over a downturn in the Chinese economy and the effects of global monetary tightening.」
In addition to the previously cited situation in Ukraine, the weaker yen, and higher energy costs and prices, it now explicitly identifies concerns over a downturn in the Chinese economy and the effects of global monetary tightening. - FY2023RestatedAnnual report
「The difficult operating environment remains due to a decline in customer visits and use of ancillary facilities, including food service, resulting from the impact of COVID-19, as well as rising energy and raw material costs and labor shortages.」
The company reaffirms the difficult operating environment, including fewer customer visits and lower use of ancillary facilities, higher energy and raw material costs, labor shortages, and the competitive environment. - FY2023-Q3WorsenedAnnual report
「The outlook for the overall economy remains uncertain due to the prolonged situation in Ukraine, sharp foreign exchange volatility, higher energy costs and raw material prices caused by the depreciation of the yen, and economic disruption in China following the abrupt lifting of its zero-COVID policy after maintaining it for an extended period.」
In addition to the existing issues involving Ukraine, the weaker yen, and soaring energy and raw material prices, the company cites foreign exchange volatility and economic disruption caused by China's continued zero-COVID policy followed by its abrupt lifting, stating that uncertainty about the outlook continues. - FY2023-Q2WorsenedAnnual report
「However, uncertainty about the outlook is increasing due to heightened tensions surrounding the situation in Ukraine, soaring energy costs and raw material prices, restrictions on economic activity in China, and the rapid depreciation of the yen.」
In addition to the existing risks from infectious diseases and rising costs, the company cites the situation in Ukraine, restrictions on economic activity in China, and the rapid depreciation of the yen, stating that uncertainty about the outlook is increasing. - FY2023-Q1WorsenedAnnual report
「Uncertainty about the outlook is increasing due to the renewed spread of infections from virus variants, soaring energy costs and raw material prices, and the rapid depreciation of the yen.」
In addition to the existing risks from rising costs, the company specifically cites the renewed spread of virus variants and the rapid depreciation of the yen, stating that uncertainty about the outlook is increasing. - FY2022WorsenedAnnual report
「The difficult operating environment remains due to a decline in customer visits and use of ancillary facilities, including food service, resulting from the impact of COVID-19, as well as rising energy and raw material costs and labor shortages.」
In addition to the existing risks from competition and rising costs, the company cites declines in customer visits and use of ancillary facilities, labor shortages, a weaker yen, and higher energy and raw material costs. - FY2020-Q3WorsenedAnnual report
「In China, interest in hot spring facilities and Japanese culture remains high in Shanghai and elsewhere. However, the difficult operating environment continues due to rising temperatures, the opening of new competing facilities, and the growing impact of discount websites.」
For the China business, the company specifically cites the opening of new competing facilities and the growing impact of discount websites, stating that the competitive environment remains difficult. - FY2020-Q2RestatedAnnual report
「In the hot spring facility industry, demand for affordable, nearby and short-duration leisure activities remains solid against a backdrop of recovering personal consumption, while the difficult operating environment continues due to soaring labor costs, rising prices and diversifying customer needs.」
While demand for convenient leisure activities remains solid, the company reiterates the difficult operating environment caused by higher labor costs and prices and diversifying customer needs. - FY2020-Q1RestatedAnnual report
「In the hot spring facility industry, demand for affordable, nearby and short-duration leisure activities remains solid against a backdrop of recovering personal consumption, while the difficult operating environment continues due to soaring labor costs, rising prices and diversifying customer needs.」
While demand for convenient leisure activities remains solid, the company reiterates the difficult operating environment caused by higher labor costs and prices and diversifying customer needs. - FY2019-Q3RestatedAnnual report
「In the hot spring facility industry, demand for affordable, nearby and short-duration leisure activities remains solid against a backdrop of recovering personal consumption, while the difficult operating environment continues due to soaring labor costs, rising prices and diversifying customer needs.」
While demand for low-priced, convenient leisure activities remains solid, the company continues to cite the difficult operating environment caused by higher labor costs and prices and diversifying customer needs. - FY2019-Q1WorsenedAnnual report
「As overall costs continue to trend upward, including soaring prices for vegetables and other products due to adverse weather, higher logistics costs, higher energy costs for electricity and gas, and rising labor and recruitment costs, some facilities are struggling to compete while maintaining low admission fees.」
In addition to the existing cost increases, the company lists higher vegetable prices, logistics costs, energy costs, labor costs and recruitment costs, and states that some facilities are struggling despite offering low admission fees. - FY2018WorsenedAnnual report
「In the hot spring facility industry, demand for affordable, nearby and short-duration leisure activities remains solid against a backdrop of recovering personal consumption. However, the difficult operating environment continues due to higher costs of raw materials, including vegetables, resulting from soaring prices caused by adverse weather and rising logistics costs, as well as rising labor and recruitment costs, diversifying customer needs, and competition from leisure facilities, including hot spring facilities.」
In addition to the existing risks from rising costs and competition, the company specifically cites higher logistics and recruitment costs, diversifying customer needs, and competition from leisure facilities. - FY2018-Q3WorsenedAnnual report
「In the hot spring facility industry, demand remains solid for affordable, nearby and short-duration leisure activities, while the difficult operating environment persists due to soaring labor costs, rising prices and logistics costs, and diversifying customer needs.」
In addition to the existing price sensitivity and rising costs, the company specifically cites higher labor, prices and logistics costs and states that the difficult operating environment continues. - FY2018-Q2RestatedAnnual report
「In China, demand for leisure facilities is increasing with the growth of the middle-income population, while the market is broadening as facilities offering Japanese-style services open, particularly in Shanghai.」
The company states that demand for leisure facilities is increasing in China, while the competitive environment is broadening as facilities offering Japanese-style services open. - FY2017RestatedAnnual report
「In Japan's hot spring facility industry, demand for affordable, nearby and short-duration leisure activities remained solid as consumers continued to be cost-conscious and favor low prices. At the same time, against a backdrop of gradual income improvement, demand has also emerged for entertainment services associated with hot spring facilities, such as manga, bedrock baths, relaxation areas and accommodation. In China's hot spring facility industry, these facilities continue to be popular as stay-in leisure destinations, particularly during the winter, and competition is intensifying.」
The company reiterates the challenges in the operating environment, including cost-consciousness and demand for low prices, intensifying competition, demand for ancillary services, and competition in the Chinese market. - FY2017-Q3RestatedAnnual report
「In the hot spring facility industry, while consumers remain cost-conscious and continue to favor low prices, demand remains solid for affordable, nearby and short-duration leisure activities. However, the difficult operating environment persists due to rising costs, including labor costs. In addition, construction costs remain elevated ahead of the Tokyo Olympics, and costs associated with various capital investments, including renovations and rebuilding to improve customer satisfaction, are also trending upward.」
The company reiterates the risks in the operating environment of cost-consciousness and demand for low prices, and rising general, labor, construction and capital investment costs. - FY2017-Q2RestatedAnnual report
「In the hot spring facility industry, while consumers remain cost-conscious and continue to favor low prices, demand remains solid for affordable, nearby and short-duration leisure activities. However, the difficult operating environment persists due to rising costs, including labor costs. In addition, construction costs remain elevated ahead of the Tokyo Olympics, and costs associated with various capital investments, including renovations and rebuilding to improve customer satisfaction, are also trending upward.」
The company reiterates the risks in the operating environment of cost-consciousness and demand for low prices, rising costs, and higher labor, construction and capital investment costs. - FY2017-Q1RestatedAnnual report
「While consumers remain cost-conscious and continue to favor low prices, demand remains solid for affordable, nearby and short-duration leisure activities. However, the difficult operating environment persists due to rising costs, including labor costs. In addition, construction costs remain elevated ahead of the Tokyo Olympics, and costs associated with various capital investments, including renovations and rebuilding to improve customer satisfaction, are also trending upward.」
The company reiterates the existing risks in the operating environment: cost-consciousness and demand for low prices, higher costs, and rising labor, construction and capital investment costs. - FY2016First statedAnnual report
「While consumers remain cost-conscious and continue to favor low prices, the difficult operating environment persists due to rising costs, including raw materials. In addition, construction costs remain elevated ahead of the Tokyo Olympics, and costs associated with various capital investments, including renovations and rebuilding, are also trending upward.」
The company identifies price sensitivity, rising costs, and the burden of capital investment as risks in the operating environment.