Decline in Japanese Tourists Following Reports of the Possibility of North Korea Launching Missiles toward the Area around Guam
First written in FY2018-Q3. 4 of 11 entries say "Restated". Latest entry: FY2023-Q1.
0 other companies' latest entry also says "Mitigated".
- FY2023-Q1MitigatedAnnual report
「As a result, the group determined that withdrawing from the hotel operations business on Guam and transferring the shares to a third party was the best choice from the perspective of its global business structural reforms, and decided to transfer the shares in question to Guam Hotel Management Co., Ltd., a wholly owned subsidiary of Hoshino Resorts Inc.」
By withdrawing from the hotel operations business in Guam and deciding to carry out the transfer of shares to a third party, the group is reducing its exposure to declining visitor numbers in that business. - FY2022MaterialisedAnnual report
「Onward Beach Resort Guam INC. and other companies operating resort businesses on Guam continued to post lower revenue because the number of visitors to Guam plunged.」
The sharp decline in visitors to Guam continued throughout the full year and became a factor behind lower revenue in the resort business. - FY2022-Q3MaterialisedAnnual report
「Meanwhile, Onward Beach Resort Guam INC. and other companies operating resort businesses in Guam posted lower revenue and lower profit as the number of visitors to the island plunged.」
The decline in travelers to Guam, which had temporarily disappeared from the full-year disclosures, re-emerged specifically as lower revenue and lower profit resulting from the plunge in visitor numbers. - FY2020DroppedAnnual report
「The lifestyle-related business posted revenue of ¥42,968 million, up 64.7% year on year, and operating profit of ¥1,553 million, up 0.7%, as earnings improved at Chacott Co., Ltd. through the rollout of new brands and Daiwa Co.,Ltd., a newly consolidated subsidiary, made a substantial contribution overall. The lifestyle-related business therefore posted higher revenue and higher profit.」
The specific risk of fewer Japanese travelers to Guam was not explicitly mentioned in the full-year securities report, and the focus for the lifestyle-related business shifted to the performance of Daiwa Co.,Ltd. and its new brands. - FY2020-Q1MitigatedAnnual report
「Meanwhile, the lifestyle-related business as a whole posted substantial increases in revenue and profit as more Japanese travelers visited Guam for the resort business.」
The situation changed from business deterioration caused by fewer Japanese travelers to Guam to higher revenue and higher profit in the lifestyle-related business as traveler numbers increased. - FY2019RestatedAnnual report
「The lifestyle-related business as a whole posted lower revenue and lower profit, partly because fewer Japanese travelers visited Guam for the resort business.」
The decline in Japanese travelers to Guam continues to be cited as a factor behind full-year lower revenue and lower profit in the lifestyle-related business. - FY2019-Q3RestatedAnnual report
「Meanwhile, the overall business posted lower revenue and lower profit, partly because fewer Japanese travelers visited Guam for the resort business.」
The decline in Japanese travelers to Guam continues to be cited as a factor behind lower revenue and lower profit in the lifestyle-related business. - FY2019-Q2RestatedAnnual report
「Meanwhile, the overall business posted lower revenue and lower profit, partly because fewer Japanese travelers visited Guam for the resort business.」
The decline in Japanese travelers to Guam continues to be cited as a factor behind lower revenue and lower profit in the lifestyle-related business. - FY2019-Q1RestatedAnnual report
「The lifestyle-related business posted lower revenue and lower profit overall during the first quarter of the current consolidated fiscal year, mainly because fewer Japanese travelers visited Guam for the resort business.」
The decline in Japanese travelers to Guam continues to be cited as a factor behind lower revenue and lower profit in the lifestyle-related business for the quarter. - FY2018MaterialisedAnnual report
「In the other businesses, the number of Japanese tourists declined in the resort-related business after reports that North Korea might launch missiles toward the area around Guam. Overall, the other businesses posted lower revenue and lower profit.」
The decline in Japanese tourists following the reports of a possible missile launch was confirmed as a factor behind the full-year revenue and profit declines in the resort-related business. - FY2018-Q3First statedAnnual report
「Resort-related business recorded lower profit despite securing higher revenue, as the number of Japanese tourists declined following reports that North Korea might launch missiles toward the area around Guam, while the yen’s weakening trend against foreign currencies supported revenue. Other Businesses overall also recorded higher revenue but lower profit.」
Reports of possible missile launches toward the area around Guam led to an actual decline in Japanese tourists and contributed to lower profit in the resort-related business.