IoT Market, Economic Conditions and Fluctuations in Travel Demand
First written in FY2018. 9 of 22 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-07-15.
and factory,inc moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 8 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- FY2025ReframedAnnual report
「The accommodation industry in which &AND HOSTEL, developed as part of the Group’s RET business, operates tends to be susceptible to the effects of economic conditions and trends in personal consumption, as well as changes in external conditions such as the status of foreign policy.」
The risks have been organized as risks in the RET business’s accommodation industry relating to fluctuations in economic conditions, personal consumption, external conditions and inbound foreign tourists, rather than the previous risks of fluctuations in the IoT market and travel demand. - FY2024-Q3MitigatedAnnual report
「In the RET business, the number of foreign-national guests increased, partly due to the weaker yen, and occupancy rates and average daily rates at each property remained high.」
The disclosure states that the number of foreign-national guests increased against a backdrop of the weaker yen and other factors, and that occupancy rates and average daily rates at &AND HOSTEL remained high. The effects of fluctuations in accommodation demand showed signs of recovery. - FY2024-Q1MitigatedAnnual report
「In the RET business, the number of foreign-national guests has been trending higher following the easing of entry restrictions, and occupancy rates at &AND HOSTEL have gradually recovered. Average daily rates have recovered to pre-pandemic levels.」
Against a backdrop of an increase in foreign-national guests following the easing of entry restrictions, accommodation occupancy rates and average daily rates recovered. - FY2023-Q3MitigatedAnnual report
「At &AND HOSTEL, the accommodation facilities operated by the Company, reservations by foreign-national guests increased, partly due to the easing of entry restrictions, and occupancy rates and average daily rates at each property were on a recovery trend.」
Against a backdrop of increased reservations by foreign-national guests following the easing of entry restrictions, accommodation occupancy rates and average daily rates recovered. However, the RET business remained loss-making. - FY2023-Q2MitigatedAnnual report
「In the RET business, operating profit and loss related to &AND HOSTEL improved significantly as a result of business restructuring. In addition, the number of foreign-national guests has been trending higher following the easing of entry restrictions, and occupancy rates have gradually recovered. Furthermore, following a review of contracts at certain properties, the revenue received by the Company and the expenses it bears were reduced, narrowing the loss compared with the same period of the previous year.」
The disclosure continues to describe a recovery in occupancy rates and improvements in operating profit and loss as a result of business restructuring, an increase in foreign-national guests following the easing of entry restrictions, and contract reviews at certain properties. - FY2023-Q1MitigatedAnnual report
「In the RET business, operating profit and loss related to &AND HOSTEL improved significantly as a result of business restructuring. In addition, the number of foreign-national guests has been trending higher following the easing of entry restrictions, and occupancy rates have gradually recovered.」
The disclosure describes improvements in operating profit and loss resulting from business restructuring, an increase in foreign-national guests following the easing of entry restrictions, and a recovery in occupancy rates in response to the effects that had materialized due to fluctuations in accommodation demand and other factors. - FY2022-Q3MitigatedAnnual report
「In the RET business, operating profit and loss related to &AND HOSTEL improved significantly as a result of business restructuring, while occupancy rates also trended higher following a shift in the target market and concept.」
In response to the effects of accommodation demand and other factors, operating profit and loss and occupancy rates have continued to improve as a result of business restructuring and changes in the target market and concept. - FY2022-Q2MitigatedAnnual report
「Although average customer spending was on a recovery trend, it remained low, and operating revenue at each property was broadly flat compared with the same period of the previous year. In addition, following a review of contracts at certain properties in the previous fiscal year, fixed costs such as rent at loss-making properties were reduced, narrowing the loss compared with the same period of the previous year.」
While the recovery in accommodation demand and average customer spending was limited, the loss in the RET business narrowed year on year as a result of fixed-cost reductions following contract reviews. - FY2022-Q1MitigatedAnnual report
「In the RET business, operating profit and loss related to &AND HOSTEL improved significantly as a result of business restructuring, while occupancy rates also trended higher following a shift in the target market and concept.」
The effects on the IoT and accommodation businesses that had materialized due to fluctuations in accommodation demand were addressed through business restructuring and changes in the target market and concept, improving occupancy rates and profit and loss. - FY2021MaterialisedAnnual report
「These risks have materialized as accommodation demand has declined due to travel restrictions and requests to refrain from going out imposed by governments worldwide amid the global spread of COVID-19, as well as declining investor appetite for investment. The Company is addressing these risks as described in “II. Business Conditions, 1. Management Policies, Business Environment and Issues to Be Addressed, (4) Business Strategies and Issues to Be Addressed.”」
The disclosure states that lower accommodation demand and declining investor appetite for investment continue to occur, and describes measures to address them, including business restructuring. - FY2021-Q3Lower IoT business revenue and wider lossesAnnual report
「For the cumulative third quarter under review, IoT business revenue was ¥220.246 million, down 23.2% year on year, and the segment loss was ¥204.923 million, compared with a loss of ¥112.279 million in the same period of the previous year.」
While accommodation occupancy rates and the adoption of IoT services showed signs of recovery, IoT business revenue declined year on year and the segment loss widened. - FY2021-Q2Recovery in accommodation occupancy rates and growth in IoT demand, but losses continueAnnual report
「Compared with the previous fiscal year, which was significantly affected by the spread of COVID-19, occupancy rates at &AND HOSTEL gradually recovered in the IoT business. The number of installations and the number of facilities using accommodation services such as innto and tabii also increased, driven by growing demand to avoid the “three Cs” during the pandemic.」
Recovery was seen in accommodation occupancy rates and the adoption of IoT services for accommodation facilities. However, IoT business revenue declined year on year, and the segment loss widened. - FY2021-Q1MaterialisedAnnual report
「The IoT business, which is a focus of the Company, is attracting attention as a field that gives communication capabilities not only to information and communications equipment such as computers, but also to various objects in the world, connecting them to the internet and enabling them to communicate with one another.」
While reiterating the market opportunity in the IoT business, occupancy rates in the accommodation business were on a recovery trend, but average customer spending remained low and operating revenue at each property declined year on year. - FY2020MaterialisedAnnual report
「These risks have materialized as accommodation demand has declined due to travel restrictions and requests to refrain from going out imposed by governments worldwide amid the global spread of COVID-19, as well as declining investor appetite for investment.」
Lower accommodation demand, declining investment appetite and deterioration in the advertising market actually occurred, leading to lower revenue and greater losses in the IoT business, as well as project delays and cancellations. - FY2020-Q3MaterialisedAnnual report
「However, in the manga app business, advertising revenue declined as the advertising market deteriorated due to the spread of COVID-19. At the &AND HOSTEL facilities operated by the Company, profit declined because project planning and development initiatives were delayed or cancelled, and the facilities were temporarily closed from the declaration of the state of emergency to prevent the spread of infection.」
The deterioration in economic conditions and the advertising market, and the impact on tourism demand, materialized in the form of lower advertising revenue, delays and cancellations of accommodation projects, temporary closures and lower profit. - FY2020-Q2WorsenedAnnual report
「During the cumulative second quarter, the Japanese economy continued to recover moderately as employment and income conditions improved, while uncertainty about the outlook intensified further due to the impact of US-China trade frictions and the spread of COVID-19 on Japan and overseas.」
It states that uncertainty about the domestic and overseas outlook intensified further due to US-China trade frictions and the spread of COVID-19. - FY2019RestatedAnnual report
「Because our IoT business provides IoT services based on the platform app “&IoT,” continued expansion of the IoT-related market is considered a prerequisite for developing the IoT business.」
The risks related to IoT market growth, economic conditions and personal consumption, overseas conditions, and changes in accommodation demand from foreign visitors to Japan are reproduced. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It explicitly states that there were no material changes to the risks related to the IoT market, economic conditions and changes in travel demand. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new businesses or other developments, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It explicitly states that there were no material changes to the risks related to the IoT market, economic conditions and changes in travel demand. - FY2018First statedAnnual report
「Because our IoT business provides IoT services based on the platform app “&IoT,” continued expansion of the IoT-related market is considered a prerequisite for developing the IoT business.」
In addition to impediments to IoT market growth, risks include changes in accommodation demand resulting from economic conditions, personal consumption, overseas conditions and a decline in foreign visitors to Japan.