Komori
Thermae-Yu Holdings (3521) · InitiativeDropped

Developing new customers and streamlining operations and cutting costs

First written in FY2016. 12 of 19 entries say "Restated". Latest entry: FY2023-Q3.

19entries
8years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020AdvancedFY2022-Q3 – FY2023-Q22016: 120162017: 120172018: 420182019: 320192020: 220202021: 320212022: 420222023: 1
Same theme, other companies
Earnings improvement through developing new business partners and business rationalizationA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3DroppedAnnual report

    「After considering synergies within the Group's hot-spring business, we determined that it would take a certain amount of time for those benefits to materialize and that improving short-term profitability would be difficult. Accordingly, we decided to transfer all shares of Happy Resort Co., Ltd.」

    The Company determined that improving short-term profitability would be difficult for Happy Resort, which it had established and operated as a vehicle for the new business, and changed its policy to transfer all shares.
  2. FY2023-Q2AdvancedAnnual report

    「In addition, the new Glamping ♨ Telmaru-yu Namegawa opened on 17 September 2022 in Namegawa, Hiki District, Saitama Prefecture. Based on a concept different from that of the Shinjuku location in central Tokyo, the facility is designed to attract families and other customer groups. It makes use of its large suburban site and seeks synergies by combining the hot-spring facility with the glamping facility, which opened on 26 October.」

    The Namegawa location opened on 17 September 2022, establishing a customer-attraction strategy targeting families and other groups through the combination of hot-spring and glamping facilities.
  3. FY2023-Q1AdvancedAnnual report

    「As a customer-attraction initiative, we launched the newly renovated rooftop facility, Roof Top Sports Bar & Fitness, in April. This service allows customers using the bedrock-bathing facilities to use a facility equipped with more than 40 fitness machines and a 220-inch large LED screen. We also focused on sauna-related events, which have become increasingly popular in recent years.」

    The Company launched a new service in April using the renovated rooftop, specifying customer-attraction measures involving more than 40 fitness machines, a 220-inch large LED screen and sauna-related events.
  4. FY2022AdvancedAnnual report

    「Meanwhile, in the hot-spring business, a newly acquired hot-spring facility in Namegawa, Hiki District, Saitama Prefecture, currently undergoing renovation, is scheduled to open in 2022. In addition, the Company is converting part of the Econach Nishiazabu Building, previously used as rental real estate, into an urban sauna and spa facility targeted for opening in 2022.」

    For Happy Resort Co., Ltd., established as a vehicle for the new business, the Company advanced the acquisition and renovation of a hot-spring facility in Saitama Prefecture and the conversion of the Nishiazabu Building into a sauna and spa facility, specifying plans to open them in 2022.
  5. FY2022-Q3AdvancedAnnual report

    「At a meeting of the board of directors held on 11 January 2022, the Company resolved to commence a new business through its consolidated subsidiary, Happy Resort Co., Ltd. The details were as follows: (1) Business: day-use hot-spring facilities and glamping facilities (co-located); (2) Scheduled start of operations: April-May 2022.」

    For the subsidiary established as a vehicle for the new business, the board of directors resolved to launch day-use hot-spring and glamping facilities, specifying the planned start of operations in April-May 2022.
  6. FY2022-Q2RestatedAnnual report

    「The Company established it as a consolidated subsidiary in consideration of the possibility of developing new businesses in the near future.」

    The Company again stated that it had established Happy Resort Co., Ltd. as a vehicle for developing new businesses. Capital was ¥10 million, the ownership interest was 100%, and the nature of the business had not been determined.
  7. FY2022-Q1RestatedAnnual report

    「Following a resolution by the board of directors at its meeting held on 26 May 2021, the Company established a subsidiary. It was established as a consolidated subsidiary in consideration of the possibility of developing new businesses in the near future.」

    The Company again stated that it had established Happy Resort Co., Ltd. on 31 May 2021, after the end of the previous fiscal year. Capital was ¥10 million, the Company's ownership interest was 100%, and the nature of the business had not been determined.
  8. FY2021AdvancedAnnual report

    「The Company established it as a consolidated subsidiary in consideration of the possibility of developing new businesses in the near future.」

    Happy Resort Co., Ltd., established on 31 May 2021, was set up as a vehicle for developing new businesses. The capital was ¥10 million, and the Company's ownership interest was 100%.
  9. FY2020RestatedAnnual report

    「Our group will actively expand the scale of each business. We will also work to secure new sources of revenue, with business diversification and M&A in view.」

    The Company continues to pursue expansion of each business, diversification and the securing of new revenue sources through M&A.
  10. FY2020-Q3RestatedAnnual report

    「Against this backdrop, our group worked to improve management efficiency, making its core spa business the main pillar, and aimed to expand sales and profits together with its real estate and textile businesses.」

    The Company continues its policy of improving management efficiency centered on its core business and expanding sales and profits through multiple businesses.
  11. FY2020-Q2RestatedAnnual report

    「Against this backdrop, our group worked to improve management efficiency, making its core spa business the main pillar, and aimed to expand sales and secure profits together with its real estate and textile businesses.」

    The Company continues measures to improve management efficiency centered on its core business and to expand sales and secure profits through multiple businesses.
  12. FY2019RestatedAnnual report

    「Our group will actively expand the scale of each business. We will also work to secure new sources of revenue, with business diversification and M&A in view.」

    The Company continues to pursue expansion of each business, diversification and the securing of new revenue sources through M&A.
  13. FY2019-Q3RestatedAnnual report

    「Against this backdrop, our group worked to improve management efficiency, making its core spa business the main pillar, and aimed to expand sales and profits together with its real estate and textile businesses.」

    The Company continues measures to improve management efficiency centered on its core business and to expand sales and profits through multiple businesses.
  14. FY2019-Q2RestatedAnnual report

    「Against this backdrop, our group worked to improve management efficiency, making its core spa business the main pillar, and aimed to expand sales and secure profits together with its real estate and textile businesses.」

    The Company continues measures to improve management efficiency centered on its core business and to expand sales and secure profits through multiple businesses.
  15. FY2019-Q1RestatedAnnual report

    「Against this backdrop, our group worked to improve management efficiency, making its core spa business the main pillar, and aimed to expand sales and secure profits together with its real estate and textile businesses.」

    The Company continues measures to improve management efficiency centered on its core hot-spring business, while seeking to expand sales and secure profits together with its other businesses.
  16. FY2018RestatedAnnual report

    「With the aim of expanding sales in each business, the Group positioned the hot-spring business, which was entering its third year since launch, as its core business and concentrated its efforts on operating the Telmaru-yu hot-spring facility.」

    The Company continues to pursue sales growth in each business and concentrate its efforts on the hot-spring business.
  17. FY2018-Q3RestatedAnnual report

    「While focusing on the domestic market, we pursued responses to changing customer needs and the creation of new demand, while working to expand sales and secure profits.」

    The Company restated its policy of responding to customer needs, creating new demand and expanding sales, with a focus on the domestic market.
  18. FY2018-Q2RestatedAnnual report

    「Under these circumstances, the Group has promoted responses to changing customer needs and the creation of new demand, while focusing on the domestic market, and has also pursued greater operational efficiency and cost reductions, with real estate, textiles, cosmetics and hot-spring facilities as its 4 core businesses.」

    The Company continues to emphasize responding to customer needs, creating new demand, improving operational efficiency and cutting costs.
  19. FY2016First statedAnnual report

    「In each business, we actively sought new customers to expand sales, while pursuing streamlining and cost reductions.」

    The Company identified developing new customers, streamlining operations and cutting costs as means of expanding sales.
Moved together

"Launch of a hot-bath business and start-up of facility operations" moved the same way as this thread, in the same document, in 5 of its 19 moves.

544432★123456
  1. ★This thread
  2. 1Launch of a hot-bath business and start-up of facility operations5×
  3. 2Expansion of Sales and Profits in the Bathing Facilities Business4×
  4. 3Expansion of consolidated losses after the launch of the bathing business4×
  5. 4Impact of the COVID-19 Pandemic on the Bathing-Facility Business and Rental Income4×
  6. 5Improving テルマー湯’s Financial Position3×
  7. 6Capital Policy Aimed at Shareholder Returns and Early Resumption of Dividends2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Thermae-Yu Holdings's next results are scheduled for 2026-11-12. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.