Expansion of Inbound Demand Driven by Growth in International Visitors to Japan
First written in FY2025-Q1. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 5 of 12 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「During the current consolidated fiscal year, Japan's economy maintained a gradual recovery trend against a backdrop of recovering and expanding inbound demand and steady corporate capital investment.」
The Company continues to cite the recovery and expansion of inbound demand as a factor behind the economic recovery. - 2026-04-14RestatedEarnings
「During the consolidated fiscal year from 1 March 2025 to 28 February 2026, the Japanese economy remained on a moderate recovery track, supported by the recovery and expansion of inbound demand and the steady trend in corporate capital investment.」
The recovery and expansion of inbound demand continues to be cited as a backdrop to the economic recovery. - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period (1 March 2025 to 31 August 2025), Japan's economy maintained a gradual recovery trend, supported by continued growth in inbound demand and steady corporate capital investment.」
The Company continues to cite sustained growth in inbound demand as a factor supporting the economic recovery. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, the domestic economy has been gradually recovering, supported by improvements in the employment environment and expanding inbound demand, among other factors.」
The Company continues to cite improvements in the employment environment and expanding inbound demand as factors behind the economic recovery. - FY2025-Q1First statedAnnual report
「The economy has continued on a gradual recovery trend, supported by increased human mobility against a backdrop of expanding inbound demand driven by the increase in international visitors to Japan and other factors.」
For the first time, the Company describes the increase in international visitors to Japan and the expansion of inbound demand as factors behind increased human mobility and the economic recovery.