Revenue Decline and Snow Removal Cost Burden Caused by Heavy Snowfall in the Hokuriku Region
First written in FY2018-Q2. 5 of 8 entries say "Materialised", first in FY2018-Q2. Latest entry: 2026-07-16.
Paraca moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 11 of 19 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-07-16Cited as achievedRevision of earnings forecasts
「The downward revision to operating income and ordinary income was due to front-loaded costs at newly opened parking facilities and the effects of heavy winter snowfall, among other factors.」
The impact of heavy winter snowfall was cited again as a reason for the downward revision to full-year operating income and ordinary income. - FY2026-H1MaterialisedAnnual report
「Heavy snowfall in Hokkaido, Aomori Prefecture, and Niigata Prefecture from January to February 2026 resulted in lost sales and higher snow-removal costs,」
The company states that heavy snowfall in Hokkaido, Aomori Prefecture, and Niigata Prefecture actually resulted in lost sales and higher snow-removal costs as factors affecting performance during the interim accounting period. - 2026-05-13MaterialisedEarnings
「The heavy snowfall in Hokkaido, Aomori Prefecture, and Niigata Prefecture from January to February 2026 resulted in lost sales and higher snow-removal costs」
Heavy snowfall in Hokkaido, Aomori Prefecture, and Niigata Prefecture actually resulted in lost sales and higher snow-removal costs. - FY2022MaterialisedAnnual report
「In particular, in February 2022, record heavy snowfall in Sapporo also contributed to sales falling below the level of the same month of the previous year.」
The full-year performance discussion also confirms that record heavy snowfall actually occurred in Sapporo and, coinciding with the impact of the Omicron variant, caused sales to fall below the level of the same month of the previous year. - FY2022-Q2MaterialisedAnnual report
「In particular, in February 2022, record heavy snowfall in Sapporo also contributed to sales falling below the level of the same month of the previous year.」
Separately from the Hokuriku heavy snowfall, record heavy snowfall actually occurred in Sapporo, and sales fell below the level of the same month of the previous year as its impact coincided with that of the Omicron variant. - FY2018RestatedAnnual report
「In addition, parking facility utilization declined and snow-removal costs were incurred due to the heavy snowfall in the Hokuriku region from January to February (the 2018 Hokuriku heavy snowfall), resulting in lower profit.」
The decline in parking facility utilization and snow-removal costs caused by the Hokuriku heavy snowfall continue to be cited as factors behind the full-year decline in profit. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter period, new business development progressed steadily and sales at existing parking facilities increased. However, cancellations increased, particularly at highly profitable parking facilities in prime locations, due to the construction of hotels, offices, condominiums, and other buildings, and the impact of heavy snowfall in the Hokuriku region from January to February (the 2018 Hokuriku heavy snowfall) resulted in lower profit year on year.」
The impact of the Hokuriku heavy snowfall continues to be cited as a factor behind the year-on-year decline in profit. - FY2018-Q2MaterialisedAnnual report
「Heavy snowfall in the Hokuriku region from January to February (the 2018 Hokuriku heavy snowfall) reduced sales and profit. As of the end of March, the company operated a total of 88 parking facilities with 3,234 spaces in Niigata, Toyama, Ishikawa, and Fukui prefectures, and the combined impact of lower sales and snow-removal costs was approximately ¥30 million.」
The company states that the 2018 Hokuriku heavy snowfall caused lower sales and snow-removal costs at its parking facilities in the 4 Hokuriku prefectures, resulting in an actual impact of approximately ¥30 million.