Achieving Profitability in a Single Fiscal Year in the Casino Operations Business
First written in FY2018. 1 of 2 entries say "Dropped", first in FY2020-Q3. Latest entry: FY2020-Q3.
The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Dropped".
- FY2020-Q3DroppedAnnual report
「Regarding the electronic casino operations outsourcing business in Southeast Asia, the Board of Directors resolved at its meeting held on 18 October 2019 to fully withdraw from the business, taking into account the continued operating losses, the assessment that a substantial improvement in performance would be difficult even going forward, and the recognition of impairment losses on the machines held by GDLH社 due to declining market prices for used casino machines, among other factors.」
Rather than the previously stated policy of achieving annual profitability in the casino operations business, the company describes a policy of fully withdrawing from the business due to continuing operating losses and other factors. - FY2018First statedAnnual report
「Although the burden of amortization associated with capital investment and personnel costs resulting from increased staffing in the casino operations business is expected to continue in the next fiscal year, we will first aim to achieve annual profitability by promptly securing new operations outsourcing contracts and expanding the scale of the business.」
The company has for the first time expressly stated its goal of achieving annual profitability in the next fiscal year by securing new operations outsourcing contracts and expanding the scale of the business.