Komori
Nippon Ski Resort Development (6040) · InitiativeAdvanced

Capital investment plans for multiple ski resorts from 2018 to 2021

First written in FY2018. 20 of 23 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2026.

23entries
9years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020-Q2 – FY2024-Q2AdvancedFY2024 – FY20262018: 22019: 120192020: 220202021: 220212022: 320222023: 320232024: 320242025: 120252026: 62026
Same theme, other companies
Capital investment in lifts, snowmaking equipment and other facilities across multiple ski resortsA 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. FY2026AdvancedAnnual report

    「At HAKUBA VALLEY Tsugaike Mountain Resort, the main lift at the popular Han-no-ki ski slope is being renovated for the first time in 35 years and is scheduled to begin operating under the new name “T3” in December 2026. At HAKUBA VALLEY International Mountain Resort Hakuba Happo-one, the gondola is also planned to be renovated for the 2027-2028 season.」

    The capital investment plan progressed to the scheduled start of operations in December 2026 for Tsugaike's Han-no-ki main lift, “T3,” and the planned renovation of the Hakuba Happo-one gondola for the 2027-2028 season. The new gondola at Hakuba Iwatake began operating in December 2024.
  2. FY2026-H1AdvancedAnnual report

    「Finally, at HAKUBA VALLEY Hakuba Iwatake Mountain Resort, a new gondola entered service in December 2024. In addition, the 5-Line South Lift connecting the summit area with the observation area at an elevation of 1,100 m, Hakuba Hitotoki-no-Mori, is being renewed and is scheduled to begin operating in December 2027. At HAKUBA VALLEY International Mountain Resort Hakuba Happo-One, we are also planning to renew the gondola for the 2027-2028 season.」

    Following the launch of the new gondola at Hakuba Iwatake, the 5-Line South Lift is being renewed and is scheduled to begin operating in December 2027. At Hakuba Happo-One, plans to renew the gondola for the 2027-2028 season are continuing.
  3. FY2025-H1AdvancedAnnual report

    「Finally, at HAKUBA VALLEY Hakuba Iwatake Mountain Resort, a new gondola entered service in December 2024. At HAKUBA VALLEY International Mountain Resort Hakuba Happo-One, we are also planning to renew the gondola for the 2027-2028 season. We will likewise continue working to renew aerial lift facilities and other infrastructure at the Group's other resorts.」

    A new gondola at Hakuba Iwatake entered service in December 2024, and plans to renew the gondola at Happo-One for the 2027-2028 season have taken concrete form.
  4. FY2024AdvancedAnnual report

    「During the consolidated fiscal year, capital expenditures of ¥2,724.528 million were made in the ski resort business, including renovation work on aerial lift facilities, the installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    Capital expenditures of ¥2,724.528 million were made for aerial lift facilities, snowmaking equipment and green-season-related facilities. Capital expenditure plans scheduled for completion in July 2025, including the Hakuba Iwatake gondola, are also continuing.
  5. FY2024-Q3RestatedAnnual report

    「Finally, at HAKUBA VALLEY Hakuba Iwatake Mountain Resort, part of the Company’s Group, the Company plans to renovate the gondola for the 2024-2025 season. It will also work to renovate aerial lift facilities and other assets at its other group resorts. The renovations are expected to further differentiate the resorts and enhance their competitiveness, so the Company will continue to actively make investments that contribute to growth.」

    The Company reconfirmed its investment policy of renewing the Hakuba Iwatake gondola for the 2024-2025 season and extending the renewal of aerial lift facilities and other assets to its other group resorts.
  6. FY2024-Q2AdvancedAnnual report

    「Funds used in investing activities totaled ¥2,022.893 million, compared with ¥643.489 million used in the same quarter of the previous year. The main expenditure was ¥2,002.145 million in payments for the acquisition of property, plant and equipment.」

    During the cumulative second-quarter period, the Company spent ¥2,002.145 million on the acquisition of property, plant and equipment, advancing implementation of its capital investment plans. Plans to renew the Hakuba Iwatake gondola and aerial lift facilities at other resorts also remain in place.
  7. FY2024-Q1AdvancedAnnual report

    「Finally, at HAKUBA VALLEY Hakuba Iwatake Mountain Resort, part of the Company’s Group, the Company plans to renovate the gondola for the 2024-2025 season. It will also work to renovate aerial lift facilities and other assets at its other group resorts. The renovations are expected to further differentiate the resorts and enhance their competitiveness, so the Company will continue to actively make investments that contribute to growth.」

    The Company will continue the plan to renew the Hakuba Iwatake gondola for the 2024-2025 season and indicated a policy of expanding the scope of aerial lift facilities and other assets to be renewed to other group resorts.
  8. FY2023AdvancedAnnual report

    「During the consolidated fiscal year, the Company made ¥1,354.246 million in capital investments in the ski resort business, including renovation work on aerial lift facilities, new installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    The Company made ¥1,354.246 million in capital investments in aerial lift facilities, snowmaking equipment and green-season facilities, among other assets. The renovation plan for the gondola and other facilities at Hakuba Iwatake in 2024 also remains in place.
  9. FY2023-Q2AdvancedAnnual report

    「Funds used in investing activities totaled ¥643.489 million, compared with ¥467.765 million used in the same quarter of the previous year. The main expenditure was ¥650.032 million in payments for the acquisition of property, plant and equipment.」

    During the cumulative second-quarter period, the Company spent ¥650.032 million on the acquisition of property, plant and equipment, advancing investment in ski resort facilities and other assets.
  10. FY2023-Q1AdvancedAnnual report

    「In addition, the Company decided to renovate the aerial lift facilities, specifically the gondola lift, at HAKUBA VALLEY Hakuba Iwatake Mountain Resort, part of the Company’s Group, in December 2024.」

    The Company decided to carry out the December 2024 renovation of the gondola lift at Hakuba Iwatake Mountain Resort.
  11. FY2022AdvancedAnnual report

    「During the consolidated fiscal year, the Company made ¥611.820 million in capital investments in the ski resort business, including renovation work on aerial lift facilities, new installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    The Company made ¥611.820 million in capital investments during the period. It also decided on a new gondola lift project at Hakuba Iwatake, with an investment budget of ¥2,100 million, construction scheduled to start in September 2022 and completion scheduled for December 2024.
  12. FY2022-Q2AdvancedAnnual report

    「The main factors decreasing funds were ¥441.480 million in payments for the acquisition of property, plant and equipment, ¥11.437 million in payments for the acquisition of intangible assets, and ¥39.874 million in payments for the disposal of property, plant and equipment.」

    During the cumulative second-quarter period, the Company spent ¥441.480 million on the acquisition of property, plant and equipment and ¥11.437 million on the acquisition of intangible assets, advancing implementation of its capital investment plans.
  13. FY2021AdvancedAnnual report

    「During the consolidated fiscal year, the Company made ¥1,120.430 million in capital investments in the ski resort business, including renovation work on aerial lift facilities, new installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    The Company invested ¥1,120.430 million in aerial lift facilities, snowmaking equipment and green-season facilities, among other assets. The plan for the following period was also specified as capital investment to be carried out from August 2021 through July 2022.
  14. FY2021-Q2AdvancedAnnual report

    「Funds used in investing activities totaled ¥1,028.801 million, compared with ¥427.608 million used in the same quarter of the previous year. The main factor increasing funds was ¥0.909 million in proceeds from the sale of property, plant and equipment. The main factors decreasing funds were ¥1,012.911 million in payments for the acquisition of property, plant and equipment and ¥11.834 million in payments for the disposal of property, plant and equipment.」

    During the cumulative second-quarter period, the Company spent ¥1,012.911 million on the acquisition of property, plant and equipment, advancing implementation of its investment plans for ski resort facilities and other assets.
  15. FY2020AdvancedAnnual report

    「During the consolidated fiscal year, the Company made ¥1,067.492 million in capital investments in the ski resort business, including renovation work on aerial lift facilities, new installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    The Company made ¥1,067.492 million in capital investments during the period, advancing investment in aerial lift facilities, snowmaking equipment and green-season facilities. For the following period, a total of 7 companies plan to invest in lifts and gondolas, snowmaking equipment and summer-business facilities, among other assets.
  16. FY2020-Q2AdvancedAnnual report

    「Funds used in investing activities totaled ¥427.608 million, compared with ¥667.386 million used in the same quarter of the previous year. The main factor increasing funds was ¥310.084 million in proceeds from the sale of property, plant and equipment. The main factor decreasing funds was ¥703.422 million in payments for the acquisition of property, plant and equipment.」

    During the cumulative second-quarter period, the Company spent ¥703.422 million on the acquisition of property, plant and equipment, advancing the implementation of its capital investment plans.
  17. FY2019Updates to the capital investment planAnnual report

    「During the consolidated fiscal year, the Company made ¥1,025.626 million in capital investments in the ski resort business, including renovation work on aerial lift facilities, new installation and renewal of snowmaking equipment, and facilities related to the green-season business.」

    The Company made ¥1,025.626 million in capital investments during the period. Plans for subsequent new installations were revised to a total of ¥2,421.416 million, with work starting in August 2019 and completion scheduled for July 2022, covering lifts and gondolas, snowmaking equipment, buildings and other assets.
  18. FY2019-Q1AdvancedAnnual report

    「Maintenance, renewal and new installation of aerial lift facilities and snowmaking equipment are also being carried out in stages.」

    In connection with the capital investment plans for multiple ski resorts, maintenance, renewal and new installation of aerial lift facilities and snowmaking equipment are progressing to the implementation stage.
  19. FY2018First statedAnnual report

    「In operating its ski resort business, the Company’s Group plans and determines the necessary capital investments after taking into account future business developments and other factors.」

    A plan was presented to invest approximately ¥2,340 million in lifts and gondolas, snowmaking equipment, buildings and other assets at Kashimayari, Ryuoo, Kawaba, Hakuba Happo-One, Iwatake and Tsugaike, Meiho, and Sugadaira, with completion scheduled between August 2018 and July 2021.
Moved together

"Green Season Business Using Ski Resort Assets, Tourism Resources and Nature" moved the same way as this thread, in the same document, in 18 of its 23 moves.

1811111199★123456
  1. ★This thread
  2. 1Green Season Business Using Ski Resort Assets, Tourism Resources and Nature18×
  3. 2Expanding Transportation and Experiential Products for International Visitors11×
  4. 3Attracting Non-Skiers Through Events11×
  5. 4Prioritizing Retained Earnings While Targeting Stable Dividends in the Future11×
  6. 5Renovating and Expanding Accommodation Facilities and Strengthening Kids’ Camp Sales9×
  7. 6Establishment of a New First-Step Ski Area for Kids and Beginners9×

★ 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
No upcoming earnings preview for Nippon Ski Resort Development yet. It last moved in the General Meetings of Shareholders of 2026-09-25: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.