Impact of Natural Disasters and Abnormal Weather on Parking and Leisure Businesses

「Rising average temperatures　Ski resorts　Shorter ski operating seasons　High」

「On the other hand, the prolonged autumn rain front in September and October concentrated rainfall on public holidays and weekends, causing visitor numbers on Saturdays, Sundays and public holidays to fall substantially below both the previous year and the plan. In addition, visitor numbers were affected from May onward by unsettled weather during Golden Week and the rainy season, as well as record-high temperatures in July.」

「In terms of weather, typhoons remained over the Japanese archipelago at the end of August, causing prolonged severe weather, and the September holidays also brought unsettled weather. However, the peak Obon holiday period was busy and weekday visitor numbers in September were strong, so visitor numbers remained at around the previous year's level.」

「Although we pursued these initiatives, typhoons made landfall during the peak Obon holiday period in August, reducing visitor numbers by 10 thousand from the previous year. The continued extreme heat thereafter also reduced visits by individual customers.」

「However, unfavorable weather during the summer vacation period, the peak season, resulted in visitor numbers of 337 thousand for the first three months of the current consolidated fiscal year, down 8.7% year on year.」

「Although typhoons made landfall one after another during the September holidays, tourism demand remained at a high level from the Obon holiday period, the peak season, through September.」

「Although typhoons made landfall one after another during the September holidays, tourism demand remained at a high level from the Obon holiday period, the peak season, through September.」

「Although visitor numbers from August to September declined from the same months of the previous year, favorable weather in October helped visitor numbers for October alone exceed the previous year's level.」

「When a disaster occurs, depending on the nature of the damage, we will establish a BCP response headquarters headed by the president and respond as a unified group.」

「Despite actively pursuing these initiatives, visitor numbers were 373 thousand, down 33.8% from the previous period, due to the combined effects of enhanced safety inspections of attractions, typhoons during the leisure season in the autumn of the previous year, unusually severe weather beyond expectations and the voluntary suspension of operations from April through Golden Week due to COVID-19.」

「Despite actively pursuing these initiatives, visitor numbers were 291 thousand, down 28.0% year on year, as unusually severe weather exceeded expectations and Tochigi Prefecture requested that the park close in April due to the impact of COVID-19, resulting in a voluntary suspension of operations.」

「As typhoons and other severe weather coincided with the three-day weekends in the autumn of the previous year, visitor numbers in October fell sharply by 38.3% year on year, and visitor numbers for the first six months of the current consolidated fiscal year were 258 thousand, down 15.8% year on year.」

「Visitor numbers at HAKUBA VALLEY Hakuba Iwatake Mountain Resort reached 188% of the level in the same period of the previous year. Although direct damage to operating facilities from Typhoon Hagibis, which made landfall on 12 October 2019, was minor, the business was adversely affected by the suspension of Hokuriku Shinkansen services and expressway closures, among other factors,」

「The onset of cold weather was delayed during the current winter season, resulting in a later-than-expected start to operations, but」

「Visitor numbers during the current winter season were significantly below the same period of the previous year due to light snowfall from November to December. However, visitor numbers grew at a faster pace than the previous year from January through April, bringing visitor numbers for the first nine months of the current consolidated fiscal year to 1,676 thousand, up 1.1% year on year.」

「Visitor numbers at the ski resorts through the end of January in the current winter season were significantly below the same period of the previous year due to light snowfall from November to December. Although visitor numbers at each resort grew at a faster pace than the previous year in January alone, the group's visitor numbers for the first six months of the current consolidated fiscal year were below the same period of the previous year.」

「The ski resort business was adversely affected during the first quarter of the current consolidated cumulative period by unfavorable weather, including extreme heat in August, a typhoon making landfall in September and severe weather on weekends. However, October brought favorable weather, and the opening of new facilities in Hakuba and other factors successfully increased visitor numbers.」

「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%.」

「Despite these initiatives, visitor numbers were 199 thousand, down 2.8% year on year, due to the effects of prolonged rain centered on the Kanto region in August and typhoons in October. Revenue from the theme park business was ¥1,133 million, down 5.4%, and operating profit was ¥544 million, down 2.7%.」

「The ski resorts and theme parks operated by our group are businesses in which visitor numbers are particularly susceptible to weather conditions, including weather and temperature.」

「HAKUBA VALLEY Hakuba Happo-One Ski Resort and HAKUBA VALLEY Tsugaike Mountain Resort were affected by light snowfall from early December. The summit areas opened on 8 December, 10 days later than in the previous season, and the HAKUBA VALLEY ski resorts were slow to expand their open areas down to the base areas until natural snowfall from a major cold wave in mid-January.」

「Compared with the same period of the previous year, visitor numbers in the HAKUBA VALLEY area were 134 thousand, down 17.9% year on year, as there were more rainy days due to unfavorable weather.」

「If an earthquake, severe storm, flood or other natural disaster, accident, fire, war, riot, terrorist attack or other human-caused disaster occurs, our group's performance may be adversely affected.」