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Nippon Parking Development (2353) · RiskDropped

Decline in Visitor Numbers Due to Tour Bus Accidents

First written in FY2016-Q3. 2 of 5 entries say "Restated". Latest entry: FY2017.

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ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2017-Q2MaterialisedFY2017-Q32016: 220162017: 32017
Same theme, other companies
Risk of disasters, accidents and declining visitor numbers at theme parksA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2017DroppedAnnual report
    The current-year performance and risk disclosures contain no explicit reference to the decline in visitors caused by the tour bus accident described in prior years.
  2. FY2017-Q3MaterialisedAnnual report

    「The number of visitors arriving from within Japan by tour bus declined as students in particular continued to refrain from using such services following the tour bus accident that occurred in Karuizawa, Nagano Prefecture, in January last year. However, the ski resorts that invested in measures to address light snowfall opened earlier than in the previous season, and stable snow coverage was maintained from mid-January onward. In addition, stronger sales efforts in Australia, Taiwan, China and Southeast Asian countries led to an increase in inbound visitors, and winter-season visitors totaled 1,609 thousand, up 8.6% year on year.」

    Although the decline in tour bus users caused by the accident continued, total visitors increased due to growth in inbound and other visitors.
  3. FY2017-Q2RestatedAnnual report

    「The tour bus accident that occurred in Karuizawa, Nagano Prefecture, in January last year was expected to reduce the number of visitors arriving from within Japan by tour bus. In addition, foreign tourists, mainly from Australia, whose numbers had been increasing for several years, were expected to avoid skiing and snowboarding in Japan due to the historically warm, low-snow conditions in the previous season. However, efforts to attract domestic customers who did not use bus tours and to increase visitors from Asia proved effective, and winter-season visitors totaled 723 thousand, up 5.6% year on year.」

    While anticipating a decline in visitors due to the tour bus accident, the company responded by attracting domestic customers who did not use bus tours and customers from Asia.
  4. FY2016RestatedAnnual report

    「The tour bus accident in Karuizawa, Nagano Prefecture, led to a decline in visitors traveling by tour bus.」

    The decline in visitors caused by the tour bus accident was also described in the full-year business review.
  5. FY2016-Q3First statedAnnual report

    「The tour bus accident in Karuizawa, Nagano Prefecture, led to a decline in visitors traveling by tour bus.」

    The company states that an external accident actually resulted in fewer visitors using tour buses.
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