Establishing a Profit Base for the Theme Park and Amusement Park Business

「Theme park business (record highs in both net sales and operating profit)」

「Theme park business (record highs in both net sales and operating profit)」

「Net sales for the current interim consolidated accounting period were ¥4,272 million, up 24.1% year on year, and operating profit was ¥1,101 million, up 38.9%.」

「Despite these initiatives, the impact of lower attendance in August, the peak season, was significant, and visitor numbers for the cumulative nine-month period were 608,000, or 95.6% of the year-earlier level. In the accommodation business, we added rooms to meet diverse needs, including vacation rentals with private saunas, trailer houses that can also be used in the event of a disaster, and off-grid glamping facilities such as Miwatas NASU, newly commercialized as part of a demonstration project at NASU KOHGEN VALLEY. As a result of these initiatives, overnight stays increased to 31,000, up 11.0% year on year. Meanwhile, the number of vacation homes sold decreased. As a result, consolidated net sales for the cumulative nine-month period were ¥4,669 million, down 3.9% year on year, and operating profit was ¥667 million, down 24.9%.」

「Despite these initiatives, a typhoon making landfall during the peak August Obon period reduced attendance by 10 thousand visitors from the previous year, and attendance by individual visitors subsequently declined due in part to the continuing extreme heat. Attendance by school groups, which had increased during the COVID-19 pandemic, also declined as travel restrictions were lifted. As a result, second-quarter attendance was 460 thousand visitors, or 94.1% of the previous year's level.」

「However, unfavorable weather during the summer vacation peak season affected attendance, which was 337 thousand visitors in the cumulative first quarter, down 8.7% year on year. In the accommodation business, the Company continued investing in newly built vacation homes, including construction of NESTING, next-generation housing using the latest technology to offer new vacation-home experiences, in addition to hosting events organized by Academia and attracting corporate sports days for venture companies. As a result, the number of rentable rooms reached 272, and the number of guests in the cumulative first quarter was 56 thousand, up 11.3% year on year.」

「As a result, revenue for the cumulative third quarter was ¥4,857 million, up 29.7% year on year, and operating income was ¥888 million, up 27.2%, representing a significant increase.」

「As a result, attendance reached a record high for the cumulative second quarter. In the accommodation business, synergies between the accommodation facilities and the amusement park proved effective, including the opening of a new glamping facility following additional investment.」

「The theme park business focused on attracting visitors by actively holding events. It held popular character and idol events, as well as the EN FESTIVAL music festival at Nasu Highland Park, based on the concept of MUSIC×CAMP×AMUSEMENT PARK. At Rindo Lake Family Farm, it collaborated on videos with the popular YouTube channel Sansan Kids TV and held an autumn fireworks festival and street-performance and circus shows. As a result, first-quarter attendance reached a record high.」

「As a result, revenue for the cumulative third quarter was ¥3,746 million, up 18.9% year on year, and operating income was ¥698 million, up 32.8%. Revenue and operating income from the theme park business for the cumulative third quarter both reached record highs.」

「As a result, revenue from the theme park business was ¥2,704 million, up 9.5% year on year, and operating income was ¥772 million, up 11.3%. Revenue and operating income for the cumulative second quarter both reached record highs.」

「As a result, revenue for the cumulative first quarter was ¥1,750 million, up 5.9% year on year, and operating income was ¥672 million, up 3.0%.」

「As a result, revenue from the theme park business was ¥4,396 million, up 75.0% from the previous period, and operating income was ¥761 million, compared with an operating loss of ¥217 million in the previous period.」

「At TOWA Pure Cottage, adjacent to the amusement park, the Company aims to create an integrated resort facility where guests can enjoy an extraordinary experience. In addition to conventional cottage-style and glamping accommodations, it operates RESORT HOUSE, which offers renovated villas in the managed vacation-home community as vacation rentals. Demand increased during the COVID-19 pandemic because these facilities are detached houses, unlike large hotels. As a result, total attendance was 507 thousand visitors, up 73.7% year on year. Revenue from the theme park business was ¥3,151 million, up 62.7%, and operating income was ¥525 million, compared with an operating loss of ¥91 million in the same period of the previous year, representing a significant improvement.」

「As a result, revenue from the theme park business increased 50.0% year on year to ¥2,469 million, while operating income rose 112.8% to ¥694 million, marking a significant improvement.」

「As a result, revenue for the cumulative first quarter was ¥6,041 million, up 5.0% year on year, driven by stronger customer acquisition for the theme park and vacation-rental accommodation businesses and the acquisition in May 2020 of 那須興業株式会社, which operates Nasu Kogen Rindo Lake Family Farm. Operating income was ¥1,108 million, up 26.1%, despite the fact that operations at properties combining hourly rentals with parking in the parking business had not fully recovered, supported by increased attendance at the theme park and thorough cost control in the ski business. Ordinary income also increased 32.0% to ¥1,141 million. Net income attributable to owners of the parent was ¥1,028 million, up 24.1%, making revenue, operating income, ordinary income, and net income all record highs.」

「Attendance was 373 thousand visitors, down 33.8% from the previous period, revenue from the theme park business was ¥2,511 million, down 24.9%, and an operating loss of ¥217 million was recorded, compared with operating income of ¥603 million in the previous year.」

「Despite actively pursuing these initiatives, attendance was 291 thousand visitors, down 28.0% year on year, as bad weather exceeded expectations and the Company curtailed operations after Tochigi Prefecture requested a closure in April due to the impact of COVID-19. As a result, revenue from the theme park business was ¥1,937 million, down 18.5%, and the business recorded an operating loss of ¥91 million, compared with operating income of ¥406 million in the same period of the previous year.」

「Despite actively pursuing these initiatives, attendance declined significantly, particularly in October, when it fell 38.3% from the same month of the previous year, due to bad weather including typhoons during the three-day weekends in the autumn of the previous year. As a result, attendance for the cumulative second quarter was 258 thousand visitors, down 15.8% year on year. In addition, the customer spend per park visitor declined from ¥3,767 to ¥3,566 because a campaign offering free admission to nearby residents staying at local accommodations was held as part of the park's 40th anniversary celebrations. As a result, revenue from the theme park business was ¥1,646 million, down 7.9%, and operating income was ¥326 million, down 48.7%.」

「Despite actively pursuing these initiatives, attendance was 201 thousand visitors, down 18.3% year on year, as enhanced attraction safety inspections and bad weather on weekends, including Typhoons No. 15, 17, and 19 that made landfall between September and October, led to temporary park closures. As a result, revenue from the theme park business was ¥1,189 million, down 12.1%, and operating income was ¥410 million, down 39.6%.」

「As a result, revenue from the theme park business was ¥3,342 million, up 18.0% from the previous period, and operating income was ¥603 million, up 10.1%.」

「As a result, revenue from the theme park business was ¥2,377 million, up 19.7% year on year, and operating income was ¥406 million, up 12.5%.」

「As a result, attendance was 296 thousand visitors, up 26.3% year on year, revenue from the theme park business was ¥1,787 million, up 20.6% from the previous period, and operating income was ¥635 million, up 33.5% year on year.」

「As a result, attendance was 246 thousand visitors, up 23.9% year on year, revenue from the theme park business was ¥1,353 million, up 19.4%, and operating income was ¥678 million, up 24.6%.」

「As a result of these initiatives, attendance was 461 thousand visitors, up 1.5% from the previous period. Revenue from the theme park business was ¥2,831 million, down 1.0%, while operating income was ¥547 million, up 6.9%.」

「Despite these initiatives, the number of operating days was 141, down 7.8% year on year, and attendance was 240 thousand visitors, down 3.7%, due to the prolonged August rains centered on the Kanto region, the typhoon in October, heavy snowfall around the New Year, and other factors. Revenue from the theme park business was ¥1,482 million, down 6.3%, and operating income was ¥476 million, down 10.9%.」

「As a result, total attendance was 455 thousand visitors, up 592.9% year on year, revenue from the theme park business was ¥2,859 million, up 502.8%, and operating income was ¥512 million, up 1,039.7%.」

「As a result, attendance was 316 thousand visitors, revenue from the theme park business was ¥2,046 million, and operating income was ¥382 million.」

「As a result, revenue from the theme park business was ¥1,582 million, and operating income was ¥534 million.」

「As a result, attendance was 204 thousand visitors, revenue was ¥1,197 million, and operating income was ¥560 million.」

「Since June this year, we have started operating Nasu Highland Park and other facilities owned by 藤和那須リゾート株式会社.」