Construction of a New Wedding Venue in Nago, Okinawa Prefecture
First written in FY2016. 2 of 10 entries say "Advanced", first in FY2017. Latest entry: FY2026.
Ichikura moved to the "Worse" side of this theme in 2020.
1 other company's latest entry also says "Other".
- FY2026Sale of Okinawa-related land and construction in progressAnnual report
「During the consolidated fiscal year, land and construction in progress related to the Okinawa resort wedding business were sold.」
The sale of land and construction in progress related to the Okinawa resort wedding business was explicitly disclosed. A gain on the sale of fixed assets of ¥176.809 million was also recognized, but the disclosure does not state whether construction of the project was completed or cancelled. - 2026-05-29AchievedGeneral Meetings of Shareholders
「During the consolidated fiscal year, land and construction in progress related to the Okinawa resort wedding business were sold.」
The sale of land and construction in progress related to the Okinawa resort wedding business was also confirmed in the business report. The report does not state that construction of a new venue was completed or that the entire plan was cancelled. - FY2026-H1Recognition of gain on sale of Okinawa-related fixed assetsAnnual report
「The loss attributable to owners of the parent for the interim period was ¥595.581 million, due in part to the recognition of a gain on the sale of fixed assets related to the Okinawa resort wedding business.」
The Company recognized a gain on the sale of fixed assets related to the Okinawa resort wedding business. The report does not explicitly state whether construction of the new venue was completed or cancelled. - FY2024WorsenedAnnual report
「More than 4 years have passed since the Company began pursuing the various permits and approvals from the local authorities for the construction of a resort hotel and wedding venue in Okinawa, and the process has become protracted. Although there are concerns about delays to the start of construction due to higher raw material and labor costs, the Company is responding while monitoring market conditions. At present, the major permits and approvals from the authorities have been obtained, but if changes to the plan become necessary, the Company will coordinate again with the authorities and respond to the changes.」
While the major permits and approvals have been obtained, the time required to obtain permits and approvals has extended from more than 3 years to more than 4 years, and concerns about delays to the start of construction due to higher raw material and labor costs continue. - FY2023AdvancedAnnual report
「At present, the major permits and approvals from the authorities have been obtained. If changes to the plan become necessary, the Company will coordinate again with the authorities and respond to the changes.」
The disclosure states that the major permits and approvals from the authorities for the Okinawa resort hotel and wedding venue project have been obtained, representing progress in terms of permits and approvals. However, concerns remain about delays to the start of construction due to higher raw material and labor costs. - FY2022RestatedAnnual report
「More than 3 years have passed since the Company began pursuing the various permits and approvals from the local authorities for the construction of a resort hotel and wedding venue in Okinawa, and the process has become protracted. Although there are concerns about further delays amid the COVID-19 pandemic, the Company is responding in coordination with the authorities. At present, it is working toward obtaining all remaining final permits and approvals.」
The disclosure continues to state that the process of obtaining permits and approvals for the new Okinawa wedding venue has been protracted for more than 3 years and that the Company is responding toward obtaining the final permits and approvals. - FY2021WorsenedAnnual report
「More than 3 years have passed since the Company began pursuing the various permits and approvals from the local authorities for the construction of a resort hotel and wedding venue in Okinawa, and the process has become protracted. Although there are concerns about further delays amid the COVID-19 pandemic, the Company is responding in coordination with the authorities. At present, it is working toward obtaining all remaining final permits and approvals.」
The process of obtaining permits and approvals for the new Okinawa wedding venue project had become protracted, taking more than 3 years, and there were concerns about further delays due to the COVID-19 pandemic. - FY2020SoftenedAnnual report
「The project is now expected to substantially exceed the initially projected construction and other budget of ¥3,300 million due to the recent surge in construction-related costs. The construction and opening dates for the facility are therefore being adjusted.」
For the new wedding venue project in Nago, Okinawa, construction costs were expected to substantially exceed the initial budget, and the construction and opening dates became undetermined. - FY2017AdvancedAnnual report
「The project was expected to cost approximately ¥3,300 million in total, including land, construction and other expenses, and the Company had already acquired leasehold rights to part of the business site.」
The disclosure states that the project for a wedding venue and accommodation facilities in Nago, Okinawa, had progressed to the acquisition of leasehold rights to part of the business site. Completion was scheduled for the fiscal year ending March 2019. - FY2016First statedAnnual report
「To further expand the wedding business, the Company plans to build a wedding venue in Nago, Okinawa, with construction costs expected to total approximately ¥3,330 million.」
The capital investment plan lists the new wedding venue project in Nago, Okinawa, with completion scheduled during the fiscal year ending March 2019.