Expanding proposal offerings for commercial facilities amid a slowdown in hotel demand
First written in FY2021. 8 of 15 entries say "Advanced", first in FY2022. Latest entry: 2026-08-07.
0 other companies' latest entry also says "Restated".
- FY2026AdvancedAnnual report
「Hotel occupancy rates have remained high as inbound tourism has increased, and demand for new hotels and mattress replacements was strong. Against this backdrop, adoption of existing brands continued and new adoptions of KING KOIL also began, keeping current order levels high. As a result, sales increased by ¥331 million year on year to ¥1,803 million.」
Demand for new hotels and mattress replacements strengthened against a backdrop of increased inbound tourism, and new adoptions of KING KOIL also began. Sales to commercial facilities increased by ¥331 million year on year. - FY2026-H1AdvancedAnnual report
「Hotel occupancy rates have remained high as inbound tourism has increased, and orders remained at a high level on demand for new hotels and mattress replacement. As a result, sales increased by ¥120 million from the previous interim accounting period to ¥656 million.」
Against a backdrop of increased inbound tourism and high occupancy rates, orders driven by demand for new hotels and mattress replacements remained strong, and sales to commercial facilities increased by ¥120 million year on year. - FY2025AdvancedAnnual report
「Sales to commercial facilities increased by ¥671 million versus the previous fiscal year to ¥1,472 million. Hotel occupancy rates have recovered to pre-COVID levels, demand for investment in mattress renovations and new projects remains strong, and the company's current order levels are trending upward. The company also secured large-scale projects during the current fiscal year.」
Strong investment demand for hotel renovations and new projects, together with the acquisition of large-scale projects, resulted in a ¥671 million year-on-year increase in sales to commercial facilities. - FY2025-H1AdvancedAnnual report
「During the current interim accounting period, demand for investment in hotel renovations and new projects remained strong, with the trend of increasing orders unchanged. The company also secured large-scale projects, resulting in an increase of ¥206 million from the previous interim accounting period to ¥536 million.」
Strong investment demand for hotel renovations and new projects, together with the acquisition of large-scale projects, resulted in a ¥206 million year-on-year increase in sales to commercial facilities. - FY2024RestatedAnnual report
「Sales to commercial facilities decreased by ¥147.708 million versus the previous fiscal year. Hotel occupancy rates have recovered to pre-COVID levels, demand for investment in mattress renovations and new projects is recovering, and the company's current projects have increased year on year. However, the realization of this investment demand is expected to be delayed until the next fiscal year.」
Hotel demand and current projects are on a recovery trend, but the realization of investment demand is expected to be delayed until the next fiscal year, resulting in a ¥147.708 million year-on-year decline in sales to commercial facilities. - FY2024-Q3Demand recovery trend, but investment delayed and sales declineAnnual report
「Sales to commercial facilities decreased by ¥74.351 million versus the cumulative period of the same quarter of the previous year. Hotel occupancy rates have improved year on year, demand for investment in mattress renovations and new projects is recovering from the COVID-19 pandemic, and the company's current projects have increased year on year. However, this investment demand is expected to be pushed into the next fiscal year.」
Investment demand related to hotels was said to be recovering, and current projects also increased. However, the realization of this investment demand is expected to be delayed until the next fiscal year, resulting in a ¥74.351 million year-on-year decline in sales to commercial facilities. - FY2024-Q2Recovery slowsAnnual report
「Sales to commercial facilities increased by ¥2.612 million versus the cumulative period of the same quarter of the previous year. Although hotel occupancy rates have been improving year on year, the hotel industry is facing labor shortages after many employees left during the COVID-19 pandemic, and demand for investment in mattress renovations and new projects remains slow to recover.」
Sales to commercial facilities increased by ¥2.612 million year on year, but the recovery in demand for investment in mattress renovations and new projects remains slow because of labor shortages in the hotel industry. - FY2024-Q1MitigatedAnnual report
「Sales to commercial facilities increased by ¥33.909 million versus the cumulative period of the same quarter of the previous year. Hotel occupancy rates have been improving year on year, and the company's current hotel orders have also increased, showing signs of recovery. However, the hotel industry is facing labor shortages after many employees left during the COVID-19 pandemic, and investment in renovations and new projects is expected to begin from the third quarter onward.」
Hotel orders and sales to commercial facilities showed signs of recovery, increasing by ¥33.909 million year on year. However, labor shortages in the hotel industry are expected to delay renovations and new investment until the third quarter or later. - FY2023MitigatedAnnual report
「Although the recovery in new hotel investment and renovation of hotels and other accommodation facilities has remained weak, hotel occupancy rates have been improving year on year, partly because the government's nationwide travel support program, funded to support measures against COVID-19, began in October 2022. The company's current orders for hotels have also increased, rising by ¥250.417 million versus the previous fiscal year.」
Although a full-scale recovery in hotel demand remained weak, sales to commercial facilities increased by ¥250.417 million year on year, supported by improved occupancy rates and increased hotel orders. - FY2022AdvancedAnnual report
「Under these conditions, in addition to conventional sales to accommodation facilities, the company is working to uncover diverse corporate demand from showrooms, offices, lobbies, shops and other facilities. It will approach major architectural and design firms involved in designing these spaces from the planning stage, when specifications and designs are formulated, and advance proposals for complete spaces in order to expand new sales channels for commercial facilities.」
In addition to hotel-focused sales, the company has expanded its proposal scope to showrooms, offices, lobbies, shops and other facilities, and indicated a policy of beginning sales activities at the initial design stage. - FY2021First statedAnnual report
「While maintaining its existing hotel sales activities of accepting and delivering mattress orders for new hotel construction and renovation projects, the company will expand its Tokyo showroom and position it as a flagship store to expand sales to restaurants, bridal facilities, lobbies and other areas, thereby expanding its display of hotel-related products.」
The company plans to expand its proposal scope to restaurants, bridal facilities, lobbies and other areas while maintaining its conventional hotel sales activities.