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Fureasu (7062) · InitiativeRestated

Expansion of non-insurance services through a business partnership with Hoshino Resorts

First written in FY2019. 3 of 8 entries say "Restated". Latest entry: FY2021-Q3.

8entries
3years
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ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020-Q1AdvancedFY2020-Q2 – FY2020-Q3DroppedFY2020 – FY2021-Q32019: 320192020: 420202021: 12021
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  1. FY2021-Q3RestatedAnnual report

    「Regarding the business alliance with Hoshino Resorts Inc., the number of users of our services declined as the number of guests staying at accommodation facilities operated by the Hoshino Resorts Group declined due to the spread of COVID-19. In addition, we were forced to suspend our services from 16 April 2020 to prevent COVID-19 infections, and it was expected to take a considerable amount of time for revenue to recover. Accordingly, we mutually agreed to terminate the business alliance agreement as of 30 June 2020 in order to appropriately reallocate the management resources invested in these services to date.」

    The circumstances and completion of the termination of the non-insurance-covered services alliance with Hoshino Resorts as of 30 June 2020 have been reiterated.
  2. FY2021-Q2RestatedAnnual report

    「Regarding the business alliance with Hoshino Resorts Inc., the number of users of our services declined as the number of guests staying at accommodation facilities operated by the Hoshino Resorts Group declined due to the spread of COVID-19. In addition, we were forced to suspend our services from 16 April 2020 to prevent COVID-19 infections, and it was expected to take a considerable amount of time for revenue to recover. Accordingly, we mutually agreed to terminate the business alliance agreement as of 30 June 2020 in order to appropriately reallocate the management resources invested in these services to date.」

    The circumstances and completion of the termination of the non-insurance-covered services alliance with Hoshino Resorts as of 30 June 2020 have been reiterated.
  3. FY2021-Q1DroppedAnnual report

    「Following discussions with Hoshino Resorts Inc., we mutually agreed to terminate the business alliance agreement as of 30 June 2020 in order to appropriately reallocate the management resources invested in these services to date.」

    The planned termination announced in the previous fiscal year was completed as a mutually agreed termination effective 30 June 2020.
  4. FY2020DroppedAnnual report

    「The termination was agreed after repeated discussions with Hoshino Resorts Inc. for the purpose of appropriately reallocating the management resources invested in these services to date. The decline in guests staying at accommodation facilities operated by the company amid the recent spread of COVID-19 had reduced the number of users of our services. In addition, we had been forced to suspend our services from 16 April 2020 to prevent COVID-19 infections, and it was expected to take a considerable amount of time for revenue to recover.」

    The provision of non-insurance-covered services with Hoshino Resorts was suspended from 16 April 2020, and the business alliance agreement was scheduled to be terminated as of 30 June 2020.
  5. FY2020-Q3AdvancedAnnual report

    「Under the business alliance with Hoshino Resorts Inc., we have worked to increase the number of facilities offering our services, including by launching services at RISONARE Atami and RISONARE Nasu, operated by the company, and at HOSHINOYA Kyoto. As a result, our services are now offered at 12 KAI facilities, 3 RISONARE facilities and 1 HOSHINOYA facility operated by the company.」

    Services were newly launched at Hoshino Resorts' RISONARE Nasu, bringing the number of RISONARE facilities to 3.
  6. FY2020-Q2AdvancedAnnual report

    「Regarding the business alliance with 株式会社星野リゾート, the Company worked to increase the number of facilities where it provides services, including by launching services at Risonare Atami, a new facility operated by the company, and at Hoshinoya Kyoto, also operated by the company. As a result, the facilities operated by the company where the Company provides services comprised 12 Kai facilities, 2 Risonare facilities, and 1 Hoshinoya facility.」

    Services were newly launched at RISONARE Atami and HOSHINOYA Kyoto, expanding the number of facilities offering services to 12 KAI facilities, 2 RISONARE facilities and 1 HOSHINOYA facility.
  7. FY2020-Q1RestatedAnnual report

    「Under the business alliance with Hoshino Resorts Inc., we continued to provide massage or SPA services not covered by insurance at 12 KAI facilities and 1 RISONARE facility operated by the company.」

    We continue to provide non-insurance-covered services at 12 Hoshino Resorts KAI facilities and 1 RISONARE facility.
  8. FY2019First statedAnnual report

    「Under the business alliance with Hoshino Resorts Inc., we worked to increase the number of facilities offering our services, including by launching services at KAI Sengokuhara, KAI Izumo and KAI Enshu, hotel brands operated by the company.」

    In addition to non-insurance-covered massage services at KAI facilities, SPA services are also being offered at RISONARE Yatsugatake.
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"Stabilizing the Business Base Through Non-Covered Services and Diversifying the Customer Base" moved the same way as this thread, in the same document, in 2 of its 8 moves.

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Expansion of non-insurance services through a business partnership with Hoshino Resorts | Fureasu Co.,Ltd. (7062) | Komori