Hotel demand and product supply risks from the spread of COVID-19
First written in FY2020. 8 of 16 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2025-H1.
Yuasa Funashoku 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: 27 of 32 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2025-H1MitigatedAnnual report
「In the hotel segment, many events, sporting competitions and corporate training programs that had been constrained by COVID-19 resumed, while inbound demand also continued to recover steadily. Occupancy therefore continued to recover, resulting in higher revenue.」
Hotel demand, which had been suppressed by the infectious disease, recovered as events resumed and inbound demand recovered, resulting in higher hotel segment revenue and operating profit. - FY2024MitigatedAnnual report
「In the hotel segment, the decline in the number of new COVID-19 cases has led to the resumption of many events, sporting competitions and corporate training programs, while inbound demand has also recovered steadily. Occupancy rates therefore recovered, resulting in higher revenue.」
The impact of the decline in hotel demand caused by the spread of the infectious disease was further mitigated by the resumption of events and the recovery of inbound demand. The company has not explicitly withdrawn the possibility of an impact from the infectious disease itself. - FY2024-Q3RestatedAnnual report
「Depending on the future spread of COVID-19, business performance may be affected, and we will continue to closely monitor the situation.」
The possibility that the spread of COVID-19 could affect performance continues to be disclosed, while no significant changes have been identified in the risks related to the business and other matters. - FY2024-Q2RestatedAnnual report
「Depending on the future spread of COVID-19, business performance may be affected, and we will continue to closely monitor the situation.」
The possibility that the spread of COVID-19 could affect performance continues to be disclosed, while no significant changes have been identified in the other risks. - FY2024-Q1MitigatedAnnual report
「In the hotel segment, occupancy recovered and revenue increased as various events and sporting competitions resumed with the decline in new COVID-19 cases, while inbound demand recovered following the easing of border measures. As a result, hotel-segment revenue was ¥655 million, up 54.0% year on year, and operating profit was ¥160 million, compared with an operating loss of ¥88 million in the same period of the previous year.」
The impact of the decline in hotel demand associated with the easing of infectious disease countermeasures and other factors was further mitigated, with revenue increasing 54.0% year on year and operating results improving from an operating loss to an operating profit. However, the possibility that the spread of the infectious disease could affect performance continues to be disclosed as a risk. - FY2023-Q3MitigatedAnnual report
「In the hotel segment, revenue increased as inbound demand recovered following the easing of border controls and use by leisure guests, corporate training groups and sports competition participants rose with the resumption of these activities, despite the number of new COVID-19 cases trending upward after a decline. As a result, hotel segment revenue was ¥1,499 million, up 67.2% year on year, and the operating loss was ¥129 million, compared with an operating loss of ¥572 million in the same period of the previous year.」
Hotel segment revenue increased 67.2% year on year, while the operating loss narrowed from ¥572 million to ¥129 million. However, the segment continued to report an operating loss. - FY2023-Q2MitigatedAnnual report
「In the hotel segment, revenue increased as use by leisure guests, corporate training groups and sports competition participants rose with the resumption of these activities, as restrictions on travel and various events were eased while the number of new COVID-19 cases trended down. As a result, hotel segment revenue was ¥884 million, up 61.2% year on year, and the operating loss was ¥170 million, compared with an operating loss of ¥413 million in the same period of the previous year.」
Hotel segment revenue increased 61.2% year on year, while the operating loss narrowed from ¥413 million to ¥170 million, partially mitigating the impact of the decline in demand caused by the infectious disease. However, the segment continued to report an operating loss. - FY2023-Q1MitigatedAnnual report
「In the hotel division, use by leisure customers, as well as use associated with the resumption of corporate training programs, sports competitions and other activities, increased as restrictions on the movement of people and voluntary restraints on various events were eased while the number of new COVID-19 infections continued to decline. As a result, revenue was ¥425 million, up 86.8% year on year, and the operating loss was ¥88 million, compared with an operating loss of ¥245 million in the previous corresponding period.」
Hotel segment revenue increased 86.8% year on year due to the easing of restrictions on movement and event-related self-restraint, as well as increased use, while the operating loss narrowed from ¥245 million to ¥88 million. However, the segment continued to report an operating loss. - FY2022MitigatedAnnual report
「In the hotel division, the number of new COVID-19 infections continued to trend downward, while restrictions on the movement of people and voluntary restraints on various events were eased. Use by leisure customers, as well as the resumption of corporate training programs, sports competitions and other activities, increased, resulting in higher revenue. As a result, hotel division revenue was ¥1,229 million, compared with ¥1,034 million in the previous corresponding period, and the operating loss was ¥748 million, compared with an operating loss of ¥927 million.」
Hotel demand showed a recovery, mainly among general leisure customers, resulting in higher revenue and a narrower operating loss. However, the operating loss continued. - FY2022-Q3MitigatedAnnual report
「In the hotel division, following the lifting of the state of emergency declared in response to COVID-19, the number of new infections remained low and restrictions on the movement of people and voluntary restraints on various events were eased. A modest recovery, mainly among general leisure customers, led to higher revenue. As a result, hotel division revenue was ¥897 million, compared with ¥761 million in the previous corresponding period, and the operating loss was ¥572 million, compared with an operating loss of ¥671 million.」
A modest recovery was seen, mainly among general leisure customers. Hotel division revenue exceeded the previous corresponding period, and the operating loss narrowed from ¥671 million to ¥572 million. However, the operating loss continued. - FY2022-Q2MaterialisedAnnual report
「In the hotel division, the environment remained challenging as inbound tourists and domestic group customers failed to recover due to restrictions on the movement of people in Japan and overseas and voluntary restraints on various events. However, revenue increased due to lodging by people involved in the Tokyo Olympic and Paralympic Games and other factors. As a result, hotel division revenue was ¥548 million, compared with ¥415 million in the previous corresponding period, and the operating loss was ¥413 million, compared with an operating loss of ¥426 million.」
Inbound tourists and domestic group customers continued not to recover due to restrictions on the movement of people and voluntary restraints on events, resulting in hotel division revenue of ¥548 million and an operating loss of ¥413 million. Revenue was higher year on year due to lodging by people involved in the Olympics and other factors. - FY2022-Q1MaterialisedAnnual report
「In the hotel division, the environment remained challenging as inbound tourists and domestic group customers failed to recover due to restrictions on the movement of people in Japan and overseas and the cancellation or downsizing of various events. However, active sales efforts led to a slight increase in lodging related to training programs, resulting in higher revenue. As a result, hotel division revenue was ¥227 million, compared with ¥184 million in the previous corresponding period, and the operating loss was ¥245 million, compared with an operating loss of ¥51 million.」
Inbound tourists and domestic group customers failed to recover due to restrictions on the movement of people and the cancellation or downsizing of events, resulting in hotel division revenue of ¥227 million and an operating loss of ¥245 million. - FY2021-Q3MaterialisedAnnual report
「The hotel segment worked to attract guests through the Go To Travel campaign and daytime room use, but revenue declined as international visitors to Japan, domestic group guests, tourists and general guests all fell substantially due to entry restrictions and the cancellation of various domestic events resulting from COVID-19. As a result, hotel segment revenue was ¥761 million, down 78.2% year on year, and the operating loss was ¥671 million, compared with operating income of ¥667 million in the same period of the previous year.」
Hotel demand actually fell substantially due to entry restrictions and event cancellations associated with COVID-19, resulting in a 78.2% decline in revenue and an operating loss of ¥671 million. - FY2021-Q2MaterialisedAnnual report
「As a result, revenue in the hotel division was ¥415 million, down 82.1% year on year, and the operating loss was ¥426 million, compared with operating profit of ¥439 million in the previous corresponding period.」
Against a backdrop of entry restrictions and event cancellations associated with COVID-19, hotel division revenue fell 82.1% and an operating loss of ¥426 million was recorded. - FY2021-Q1MaterialisedAnnual report
「The hotel segment reported lower revenue as international visitors to Japan, domestic group guests, tourists and general guests all declined substantially due to entry restrictions and the cancellation of various domestic events resulting from the spread of COVID-19.」
Hotel demand actually fell substantially due to entry restrictions and event cancellations associated with the spread of COVID-19, and the hotel division reported an operating loss. - FY2020First statedAnnual report
「The spread of COVID-19 has caused demand in the restaurant and hotel industries, among others, to fall sharply, and its impact is a concern. There are also concerns that various measures against COVID-19 may disrupt the production and distribution of products handled by the company. The spread of COVID-19 may affect business performance for an extended period until it is contained.」
The company disclosed the decline in hotel and restaurant demand and disruptions to product production and distribution as new key risks. It also specifically stated that group booking cancellations and lower guest numbers were affecting the hotel business.