Decline in foreign students and foreign visitors to Japan
First written in FY2022. 3 of 7 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Although the possibility of a decline in foreign customers remains a risk, the company identifies nationality-neutral marketing and support structures as countermeasures and assesses the potential impact as low.」
Decline in occupancy rates and rents due to economic downturns and oversupply - FY2024RestatedAnnual report
「The company describes a recovery in demand following the lifting of entry restrictions, while continuing to identify trends among foreign customers as a business and other risk.」
To respond to fluctuations in demand from foreign customers, we have established marketing and support structures targeting a broad market without limiting customer nationality. - FY2023MitigatedAnnual report
「The company states that the business impact of the risk of a decline in customers related to international students was mitigated by the lifting of entry restrictions. At the same time, it continues to identify trends among foreign customers as a business risk in its risk disclosures.」
The company is affected to a considerable extent by trends among foreign customers, including international students. Foreign customers may be affected by Japan's policies for accepting international students, economic conditions, foreign exchange rates, sentiment toward Japan resulting from diplomatic policies, natural disasters, accidents, epidemics, and other factors. If changes in these conditions lead to a decline in foreign customers, the company's operating results, financial condition, and other aspects of its business may be affected. - FY2023-Q3RestatedAnnual report
「Amid the gradual normalization of socioeconomic activity, including the lifting of entry restrictions for international students, occupancy rates have remained stable.」
The company continues to describe its focus on rental brokerage support services for international students following the lifting of entry restrictions. - FY2023-Q2RestatedAnnual report
「We focused on rental brokerage support services for international students whose entry restrictions had been lifted.」
The company continues to describe its focus on, and the increase in, rental brokerage support services for international students following the lifting of entry restrictions. - FY2023-Q1MitigatedAnnual report
「The increase in rental support services for international students following the lifting of entry restrictions also contributed to higher revenue.」
The company reports that rental support services for international students increased following the lifting of entry restrictions, indicating that the impact of the decline in foreign customers that had become apparent in the previous fiscal year was partially mitigated. - FY2022First statedAnnual report
「Our business is affected to a considerable extent by trends among foreign customers, including international students. These customers may be affected by Japan's policies for accepting international students, tourism policies, economic conditions, foreign exchange market conditions, sentiment toward Japan resulting from diplomatic policies, natural disasters, accidents, epidemics, and other factors.」
The company explicitly identifies trends among international students and foreign visitors to Japan as a business risk, and also describes the impact of entry restrictions and weak inbound demand during the fiscal year.