Financial and Opening Risks Associated with Operating a Hotel for the First Time
First written in FY2020. 11 of 20 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Full-year hotel profit declinedAnnual report
「In the hotel business, revenue was ¥237 million, down 0.4% year on year, and segment profit was ¥39 million, down 14.5%, primarily from room charges and other revenue at Hotel Asyl Tokyo Kamata.」
The hotel business secured segment profit of ¥39 million for the full year, but profit declined 14.5% year on year. - FY2026-H1Hotel profit continued in the first half but declined year on yearAnnual report
「Revenue from the hotel business totaled ¥119 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, down 0.3% year on year, while the segment recorded a profit of ¥25 million, down 15.1% year on year.」
Regarding the income and expense risk associated with operating a hotel for the first time, the company recorded segment income of ¥25 million in the first half and maintained profitability, although income declined 15.1% year on year. - FY2025MitigatedAnnual report
「Revenue from the hotel business totaled ¥238 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 9.2% from the previous consolidated fiscal year, while the segment recorded a profit of ¥45 million, up 46.8%.」
Regarding the income and expense risk associated with operating a hotel for the first time, the company recorded full-year segment income of ¥45 million, maintaining and increasing its income. - FY2025-H1MitigatedAnnual report
「Revenue from the hotel business totaled ¥119 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 10.6% year on year, while the segment recorded a profit of ¥30 million, up 53.2% year on year.」
Regarding the income and expense risk that had arisen in prior years from operating a hotel for the first time, the company recorded revenue of ¥119 million and segment income of ¥30.24 million for the current interim consolidated accounting period, and continued to generate income. - FY2024MitigatedAnnual report
「Revenue from the hotel business totaled ¥218 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 43.2% from the previous consolidated fiscal year, while the segment recorded a profit of ¥31 million, compared with a segment loss of ¥8 million in the previous consolidated fiscal year.」
Regarding the income and expense risk associated with operating a hotel for the first time, the company recorded full-year segment income of ¥31 million, turning from a loss in the previous fiscal year to income. - FY2024-Q3MitigatedAnnual report
「Revenue from the hotel business totaled ¥165 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 61.6% year on year, while the segment recorded a profit of ¥33 million, compared with a segment loss of ¥4 million in the same quarter of the previous year.」
The hotel business turned from a segment loss in the same period of the previous year to income of ¥33 million in the current period, further reducing the income and expense risk associated with operating a hotel for the first time based on the results. - FY2024-Q2MitigatedAnnual report
「Revenue from the hotel business totaled ¥108 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 78.4% year on year, while the segment recorded a profit of ¥19 million, compared with a segment loss of ¥9 million in the same quarter of the previous year.」
The hotel business turned from a segment loss in the same period of the previous year to segment income of ¥19 million in the current period, indicating that the income and expense risk associated with operating a hotel for the first time has declined based on the results. - FY2024-Q1MitigatedAnnual report
「Revenue from the hotel business totaled ¥51 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 107.8% year on year, while the segment recorded a profit of ¥8 million, compared with a segment loss of ¥9 million in the same quarter of the previous year.」
Hotel operations turned from a segment loss in the same period of the previous year to segment income of ¥8 million in the current quarter, indicating that the income and expense risk associated with operating a hotel for the first time improved based on the results for the quarter. - FY2023MitigatedAnnual report
「Losses continued after the hotel opened in October 2020 amid the COVID-19 pandemic, mainly because the pandemic continued for an extended period, but the income and expense balance has improved substantially following the reclassification of COVID-19 under Category 5. As an increase in domestic travelers and inbound visitors is expected, room rates and occupancy are expected to improve, and we forecast a return to full-year profitability.」
The hotel business continues to report losses, but the loss narrowed from ¥60 million in the previous fiscal year to ¥22 million in the current fiscal year, indicating an improvement in profitability and an outlook for full-year profitability. - FY2023-Q3MitigatedAnnual report
「Revenue from the hotel business totaled ¥102 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 122.4% year on year, while the segment recorded a loss of ¥14 million, compared with a segment loss of ¥39 million in the same quarter of the previous year.」
The hotel business continues to record losses, but the loss for the cumulative third quarter narrowed from ¥39 million in the same period of the previous year to ¥14 million. - FY2023-Q2MitigatedAnnual report
「Revenue from the hotel business totaled ¥60 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 97.9% year on year, while the segment recorded a loss of ¥17 million, compared with a segment loss of ¥31 million in the same quarter of the previous year.」
The hotel business generated first-half revenue of ¥60 million and a segment loss of ¥17 million, narrowing the loss from ¥31 million in the same period of the previous year. Hotel operations continue to generate losses, but the loss level has declined. - FY2023-Q1MitigatedAnnual report
「Revenue from the hotel business totaled ¥24 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 83.0% year on year, while the segment recorded a loss of ¥12 million, compared with a segment loss of ¥15 million in the same quarter of the previous year.」
The hotel business recorded a segment loss of ¥12 million in the first quarter, narrowing from ¥15 million in the same period of the previous year. - FY2022MitigatedAnnual report
「The hotel opened in October 2020 amid the COVID-19 pandemic. For the current consolidated fiscal year, we formulated a conservative plan on the assumption that the pandemic would continue for an extended period, but largely achieved it by balancing room rates and occupancy.」
Although hotel operations continued under difficult conditions amid the COVID-19 pandemic, the company largely achieved its conservative plan by balancing room rates and occupancy, and the full-year segment loss narrowed from the previous year. - FY2022-Q3Disclosure of ¥39 million nine-month hotel lossAnnual report
「Revenue from the hotel business totaled ¥46 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 191.2% year on year, while the segment recorded a loss of ¥39 million, compared with a segment loss of ¥86 million in the same quarter of the previous year.」
Disclosed revenue of ¥46 million and a segment loss of ¥39 million for the cumulative third quarter of hotel operations. The loss narrowed from ¥86 million in the same period of the previous year. - FY2022-Q2Disclosure of ¥31 million first-half hotel lossAnnual report
「Revenue from the hotel business totaled ¥30 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, up 312.3% year on year, while the segment recorded a loss of ¥31 million, compared with a segment loss of ¥69 million in the same quarter of the previous year.」
Disclosed revenue of ¥30 million and a segment loss of ¥31 million for the cumulative second quarter of hotel operations. - FY2022-Q1Disclosure of first-quarter hotel lossAnnual report
「Revenue from the hotel business totaled ¥13 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, while the segment recorded a loss of ¥15 million.」
Disclosed first-year hotel operating results of revenue of ¥13 million and a segment loss of ¥15 million for the first quarter. The text does not assess worsening risk based on a simple comparison with full-year results. - FY2021First-year hotel operating loss; plan largely achievedAnnual report
「Hotel operations remained in an extremely difficult situation due to various orders subsequently issued by the national and metropolitan governments, but we have largely achieved the conservative plan established when the hotel opened.」
Although the hotel business continued to operate in a difficult environment and recorded a full-year segment loss of ¥113 million, the company explained that it had largely achieved the conservative plan established when the hotel opened. - FY2021-Q3WorsenedAnnual report
「Revenue from the hotel business totaled ¥15 million, primarily from room charges at Hotel Azil Tokyo Kamata and other sources, while the segment recorded a loss of ¥86 million.」
Revenue from the hotel business for the cumulative third quarter was ¥15 million, and the segment loss was ¥86 million, an increase from the cumulative loss of ¥69.532 million disclosed previously. - FY2021-Q2Disclosure of operating results after commencing hotel operationsAnnual report
「Segment income or loss (△) 1,651,644 △ 69,532 1,582,112 △ 467,557 1,114,554」
After commencing hotel operations, disclosed revenue of ¥7 million and a segment loss of ¥69.532 million for the cumulative second quarter. This does not explicitly indicate that an unforeseen event occurred. - FY2020First statedAnnual report
「As this is our Group's first hotel operation, we have estimated profitability conservatively. However, if an unforeseen event occurs, it could affect the Group's performance.」
Newly disclosed separately the risks of estimating the income and expenses and of unforeseen events associated with operating a hotel in-house for the first time. A delay in opening has already occurred.