Securing Profitability at the Guam Restaurant and Collaboration with Travel Agencies
First written in FY2016-Q3. 5 of 11 entries say "Worsened", first in FY2017. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2019-Q1DroppedAnnual report
「The real estate leasing business performed as planned, but the company’s wholly owned consolidated subsidiary, TETSUJIN USA Inc., closed its one entertainment restaurant operated within the Guam Reef ＆ Olive Spa Resort in the Tumon district of the Territory of Guam, United States, in October 2018.」
The measures to secure profitability through menu improvements and cooperation with travel agencies at the Guam restaurant have not continued because the restaurant ceased operations. - FY2018WorsenedAnnual report
「The performance of the single entertainment restaurant operated by TETSUJIN USA Inc. inside the Guam Reef & Olive Spa Resort in the Tumon area of the U.S. territory of Guam has declined in sales and profits because Japanese tourists, whose numbers fell sharply due to the deterioration in the North Korean situation last year, have yet to recover.」
Japanese tourists have not recovered, and lower sales and profits at the Guam restaurant have continued. For the full year, the Other segment changed from a profit in the previous year to a loss of ¥9 million. - FY2018-Q3WorsenedAnnual report
「The real estate leasing business progressed in line with the plan, but the performance of the single entertainment restaurant operated by the Company's wholly owned consolidated subsidiary TETSUJIN USA Inc. inside the Guam Reef & Olive Spa Resort in the Tumon area of the U.S. territory of Guam declined in sales and profits because Japanese tourists, whose numbers had fallen sharply due to the deterioration in the North Korean situation last year, have yet to recover.」
Japanese tourists have not recovered at the Guam restaurant, and lower sales and profits have continued. - FY2018-Q2WorsenedAnnual report
「Sales have been trending downward, partly due to the sharp decline in Japanese tourists to the area following the recent deterioration in the North Korean situation. As a result, other-segment sales for the cumulative second quarter of the current consolidated fiscal year were ¥62 million, down 17.2% year on year, and segment loss, or operating loss, was ¥1 million, compared with segment profit of ¥6 million in the same quarter of the previous year.」
Sales at the Guam restaurant continued to decline amid the sharp drop in Japanese tourists, and the segment remained in the state of having changed from a profit in the previous year to a loss. - FY2018-Q1WorsenedAnnual report
「Sales have been trending downward, partly due to the sharp decline in Japanese tourists to the area following the recent deterioration in the North Korean situation. As a result, other-segment sales for the cumulative first quarter of the current consolidated fiscal year were ¥32 million, down 6.2% year on year, and segment loss, or operating loss, was ¥0 million, compared with segment profit of ¥2 million in the same quarter of the previous year.」
Sales at the Guam restaurant declined amid the sharp drop in Japanese tourists, and the segment changed from a profit in the previous year to a loss. - FY2017WorsenedAnnual report
「The restaurant had continued to incur operating losses due to overly optimistic demand forecasts at the time of opening and excessive capital investment in the facility. In addition, the sharp decline in tourists to the area following the recent deterioration in the North Korean situation made it impossible to foresee a recovery in future performance. As a result, the company recorded impairment losses on the building, equipment, and other assets as an extraordinary loss.」
The Guam restaurant continued to incur operating losses, and with the decline in tourists, no recovery outlook could be established, so the company recorded an impairment loss. - FY2017-Q3RestatedAnnual report
「The barbecue plan introduced with the revamped menu has been well received. By strengthening cooperation with travel agencies and local tour desks, profitability is trending upward.」
The company reconfirms the trend toward improved profitability at the Guam restaurant through the barbecue plan and cooperation with travel agencies and local tour desks. - FY2017-Q2RestatedAnnual report
「The barbecue plan introduced with the revamped menu has been well received. By strengthening cooperation with travel agencies and local tour desks, profitability is trending upward.」
The company reconfirms the trend toward improved profitability at the Guam restaurant through the barbecue plan and cooperation with travel agencies and local tour desks. - FY2017-Q1AdvancedAnnual report
「The barbecue plan introduced with the revamped menu has been well received. By strengthening cooperation with travel agencies and local tour desks, profitability is trending upward.」
The company states that profitability is trending upward based on the positive reception of the barbecue plan and cooperation with travel agencies and local tour desks. - FY2016RestatedAnnual report
「The barbecue plan introduced as part of the menu improvements has been well received. Going forward, the company will work to secure profitability by strengthening cooperation with travel agencies and local tour desks.」
In response to the positive reception of the barbecue plan, the company indicates that it will strengthen cooperation with local tour desks in addition to travel agencies. - FY2016-Q3First statedAnnual report
「The barbecue plan introduced as part of the menu improvements has been well received. Going forward, the company will work to secure profitability by strengthening cooperation with travel agencies on their optional plans.」
At the entertainment restaurant in Guam, menu improvements and stronger cooperation with travel agencies are being used to secure profitability.