Komori
Sanoyas Holdings (7022) · InitiativeAchieved

Integrated operation of the Australian observation wheel business and marketing to tourists

First written in FY2016. 1 of 4 entries say "Restated". Latest entry: FY2021.

4entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY20172016: 120162017: 120172018: 020182019: 020192020: 020202021: 22021
Same theme, other companies
Integration and transfer of operations in the Australian observation-wheel businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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

Full recordFilings, disclosures and news, newest first
  1. FY2021AchievedAnnual report

    「In the M&T business, all shares in Sanoyas Rides Australia Pty Ltd, the operating company, were transferred effective 31 January 2021 to the ROBU Group (based in Switzerland), which engages in Ferris-wheel construction and operations worldwide. From 1 February of the same year, the group began operating and managing the “Melbourne Star” Ferris wheel.」

    The transfer of all shares in the Australian Ferris-wheel business was completed, and from 1 February 2021 the operating and management structure changed to one run by the ROBU Group.
  2. FY2021-Q3ReframedAnnual report

    「At a meeting of the Board of Directors held on 31 January 2021, the company resolved to transfer all of its shares in its consolidated subsidiary Sanoyas Rides Australia Pty Ltd to the ROBU Group (Switzerland), and entered into a share transfer agreement with the ROBU Group on the same date.」

    Regarding the Australian Ferris-wheel business, the company's strategic positioning changed from continuing integrated operations and marketing to tourists to pursuing the transfer of all shares held to the ROBU Group.
  3. FY2017RestatedAnnual report

    「More than 3 years have passed since the Australian Ferris-wheel business began operations, and awareness in the local market has improved. Further revitalization is expected as development of neighboring commercial facilities progresses, and the company will continue to focus on marketing to tourists from overseas.」

    The company is continuing the operating structure for the Australian Ferris wheel and its marketing to tourists.
  4. FY2016First statedAnnual report

    「As the business entered a phase of focusing on marketing to tourists from overseas, the 2-company structure, comprising a company that owned the amusement ride and a company that employed the staff, was integrated into a single-company structure in April 2015 to unify management.」

    For the Australian Ferris wheel, the ownership and employment companies were integrated, the operating structure was consolidated, and efforts to attract tourists were strengthened.
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When this could move next
Sanoyas Holdings's next results are scheduled for 2026-10-29. Read the earnings preview
News
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