Large-Scale Renewal of Kurashiki Ivy Square
First written in FY2017-Q3. 6 of 9 entries say "Advanced", first in FY2017. Latest entry: FY2020.
The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2020AdvancedAnnual report
「The textile and chemical products businesses made investments to produce high-value-added products and improve quality. Capital expenditures were ¥1,250 million in the textile business and ¥2,828 million in the chemical products business. In the real estate business, the Company undertook major renovation work at Kurashiki Ivy Square and other projects. Capital expenditures were ¥604 million.」
¥604 million was invested in the major renovation of Kurashiki Ivy Square during the fiscal year, and renovation work on the lodging buildings was also planned. - FY2020-Q3RestatedAnnual report
「The hotel segment recorded higher revenue due to the effects of renovating the lodging buildings and opening the new banquet hall, despite the impact of partially withdrawing from the retail business.」
The effects of renovating the lodging buildings at Kurashiki Ivy Square and opening the new banquet hall continued to contribute to higher revenue. - FY2020-Q2RestatedAnnual report
「The hotel segment recorded higher revenue due to the effect of the new banquet hall opening, despite the impact of partially withdrawing from the retail business.」
The effect of the new banquet hall opening described in the previous quarter continued to contribute to higher revenue in the hotel segment. - FY2020-Q1AdvancedAnnual report
「The hotel segment’s revenue was broadly in line with the same period of the previous year due to the effect of the new banquet hall opening, despite the impact of partially withdrawing from the retail business.」
The new banquet hall associated with the major renovation of Kurashiki Ivy Square opened, and its effect was reflected in hotel segment revenue. - FY2019-Q3AdvancedAnnual report
「The hotel segment recorded lower revenue due to the suspension of some facilities for renovation work and the impact of the July 2018 heavy rains and other factors.」
The renovations, including those at Kurashiki Ivy Square, had progressed to the stage involving the suspension of facilities. - FY2019-Q1AdvancedAnnual report
「The hotel segment’s lodging operations performed steadily, but revenue declined due to the impact of suspending some facilities for renovation work and other factors.」
The renovations, including those at Kurashiki Ivy Square, had progressed to the stage involving the suspension of some facilities. - FY2018AdvancedAnnual report
「The hotel segment will proceed with major renovations, including construction of the new banquet hall “Ivy Emerald Hall” at Kurashiki Ivy Square, scheduled to open in October 2018.」
The planned opening of the new banquet hall in October 2018 was specified, and the major renovation project was being advanced through the construction phase. - FY2017AdvancedAnnual report
「Plans for the construction and renovation of major facilities as of the end of the current consolidated fiscal year were as follows. Renovation of hotel lodging buildings Planned investment: ¥1,254 million Start: January 2017 Scheduled completion: January 2019 Construction of a new banquet hall Planned investment: ¥1,160 million Start: October 2017 Scheduled completion: October 2018 Capacity: 1,000 people」
The major renovation of Kurashiki Ivy Square was detailed, including the investment amounts, planned start and completion dates for the lodging building renovation and new banquet hall construction, and the hall’s capacity. - FY2017-Q3First statedAnnual report
「In November 2016, the Company decided to undertake major renovations at Kurashiki Ivy Square, a hotel in the Kurashiki Bikan Historical Quarter, to expand the scope of its food and services business.」
The decision to undertake major renovations at Kurashiki Ivy Square to expand the scope of the food and services business was described for the first time.