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Mbk (3121) · FactDropped

Hotel and Leisure Demand Driven by an Increase in Foreign Tourists Visiting Japan

First written in FY2020-Q1. 2 of 12 entries say "Restated". Latest entry: FY2024.

12entries
7years
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ProgressHeldSoftenedWorseOtherFY2020-Q1 – FY2022-Q1WorsenedFY2023-Q1OtherFY2023 – FY20242019: 220192020: 420202021: 220212022: 120222023: 220232024: 020242025: 1
Same theme, other companies
Hotel investment market activity and rising inbound tourism demandA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Dropped".

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Full recordFilings, disclosures and news, newest first
  1. FY2024DroppedAnnual report

    「株式会社ホテルシステム二十一, a consolidated subsidiary that operated hotels through the previous fiscal year, changed its corporate name to MBKプロパティ株式会社 and began operating a real estate management business. It therefore became part of the merchant banking business, and the Company completely withdrew from the operating business.」

    As the company has completely withdrawn from the hotel and leisure business, the former hotel and leisure demand theme based on an increase in foreign visitors to Japan is no longer subject to ongoing coverage.
  2. FY2024-Q1The leisure market shows signs of recovery as restrictions on activities are eased.Annual report

    「Meanwhile, in the leisure market, restrictions on activities have been eased following the reclassification of COVID-19 as a Class 5 infectious disease, and increased opportunities to go out have also produced signs of recovery.」

    The description changed to reflect the view that opportunities to go out have increased and the leisure market is showing signs of recovery against the backdrop of COVID-19 being reclassified as a Class 5 infectious disease and restrictions on activities being eased.
  3. FY2023Leisure demand is expected to recover as restrictions on activities are eased.Annual report

    「Meanwhile, in the domestic leisure market, further easing of restrictions on activities is expected following the reclassification of COVID-19 as a Class 5 infectious disease.」

    The description indicates expectations that the reclassification of COVID-19 as a Class 5 infectious disease will lead to eased restrictions on activities and a recovery in the domestic leisure market.
  4. FY2023-Q1Concerns about the hotel and leisure market have intensified again due to the resurgence of COVID-19 infections.Annual report

    「Meanwhile, the hotel and leisure market requires close monitoring due to the resurgence of COVID-19 infections.」

    The description changed from expectations of a recovery driven by the spread of vaccines through the previous quarter to concerns about developments in the hotel and leisure market following the resurgence of COVID-19 infections.
  5. FY2022-Q1Recovery is expected as vaccines become more widely available amid a challenging demand environment.Annual report

    「The hotel and leisure market remains challenging, with lower consumer sentiment due to declining personal income and competition to attract customers as a result of the state of emergency declaration. However, economic recovery is expected as COVID-19 vaccination coverage increases.」

    While hotel and leisure demand remains challenging, new expectations have been expressed for an economic recovery as vaccination coverage increases.
  6. FY2021-Q3The outlook has become uncertain again after showing signs of recovery.Annual report

    「Although the hotel and leisure market showed signs of a gradual economic recovery due to the effects of the "Go To Travel" and "Go To eat" campaigns, a state of emergency was declared again in January 2021, leaving the outlook uncertain.」

    Although the Go To Campaign produced temporary signs of recovery, the outlook for hotel and leisure demand became uncertain again following the reissuance of the state of emergency in January 2021.
  7. FY2021-Q2Hotel and leisure demand is trending toward recovery after bottoming out.Annual report

    「Although performance in the hotel and leisure market declined sharply due to the impact of the COVID-19 pandemic, it has been gradually recovering. Going forward, domestic tourism is expected to continue increasing, driven by the "Go To Travel" and "Go To eat" campaigns.」

    The description changed from the continued disappearance of inbound demand and restrictions on domestic travel to a gradual recovery in the hotel and leisure market, with an increase in domestic tourists expected as a result of the Go To Campaign.
  8. FY2021-Q1The disappearance of inbound tourism and continued restraint on domestic travelAnnual report

    「In the hotel and leisure market, the COVID-19 pandemic has eliminated inbound demand, while restrictions on domestic travel and business trips have continued. As an emergency economic measure, the government has implemented the public-private demand stimulus initiative known as the "Go To Campaign" to avoid a further downturn in economic activity.」

    The deterioration in demand described in the previous fiscal year has materialized as the disappearance of inbound demand and continued restrictions on domestic travel and business trips, while the government's demand stimulus measures were also described.
  9. FY2020Hotel and leisure demand deteriorated due to COVID-19Annual report

    「Meanwhile, the domestic hotel and leisure market faces an uncertain outlook, including the temporary closure of some operations due to the spread of COVID-19.」

    In contrast to the previously stated upward trend in foreign tourists visiting Japan, the spread of COVID-19 resulted in some temporary closures and an uncertain market environment.
  10. FY2020-Q3RestatedAnnual report

    「In the hotel and leisure market, the number of foreign tourists visiting Japan, particularly from Asian countries, has continued to trend upward, supported in part by the 2020 Tokyo Olympics and various government policies to promote tourism as a key industry.」

    The continued upward trend in foreign tourists visiting Japan, driven by the Tokyo Olympics and policies promoting tourism as a key industry, remains described as part of the environment for the hotel and leisure market.
  11. FY2020-Q2RestatedAnnual report

    「In the hotel and leisure market, the number of foreign tourists visiting Japan, particularly from Asian countries, has continued to trend upward, supported in part by the 2020 Tokyo Olympics and various government policies to promote tourism as a key industry.」

    The continued upward trend in foreign tourists visiting Japan, driven by the Tokyo Olympics and policies promoting tourism as a key industry, remains described as part of the business environment.
  12. FY2020-Q1First statedAnnual report

    「In the hotel and leisure market, the number of foreign tourists visiting Japan, particularly from Asian countries, has continued to trend upward, supported in part by the 2020 Tokyo Olympics and various government policies to promote tourism as a key industry.」

    The filing states that the number of foreign tourists visiting Japan has been trending upward against the backdrop of the Tokyo Olympics and policies promoting tourism as a key industry.
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Hotel and Leisure Demand Driven by an Increase in Foreign Tourists Visiting Japan | MBK Co.,Ltd. (3121) | Komori