Weak tourism spending in Kyushu due to the Kumamoto Earthquake
First written in FY2017-Q1. 3 of 4 entries say "Mitigated", first in FY2017-Q2. Latest entry: FY2017.
1 other company's latest entry also says "Mitigated".
- FY2017MitigatedAnnual report
「In Kyushu, the foundation of our Group's operations, personal consumption, particularly tourism spending, showed some weakness during the first half of the fiscal year due to the Kumamoto Earthquake. However, toward the second half, the overall economy continued to recover moderately, with production increases driven by strong overseas demand, particularly in the region's major industries, such as automobiles and semiconductors.」
The disclosure describes the impact of the Kumamoto Earthquake on personal consumption during the first half of the fiscal year, as well as increased production in major industries and an economic recovery during the second half. - FY2017-Q3MitigatedAnnual report
「In Kyushu, the operating base of our Group, some effects of the Kumamoto Earthquake remain, but personal consumption is recovering as tourism recovers with the support of various measures and replacement demand for durable goods continues in affected areas. Production is also continuing to recover as efforts to make up for lost output continue in affected areas, and the economy is gradually recovering.」
While stating that the impact of the Kumamoto Earthquake remained, the disclosure continues to describe the recovery in support measures, tourism, personal consumption and production. - FY2017-Q2MitigatedAnnual report
「In Kyushu, the operating base of our Group, some effects of the Kumamoto Earthquake remain, but tourism is recovering due to the effects of various support measures, while production continues to recover as affected companies resume operations, and the economy is gradually recovering.」
While stating that the impact of the Kumamoto Earthquake remained, the disclosure describes support measures, a recovery in tourism and the resumption of operations by disaster-affected companies. - FY2017-Q1First statedAnnual report
「In Kyushu, the operating base of our Group, tourism spending stagnated following the Kumamoto Earthquake, but the recovery in demand and normalization of supply conditions have since progressed, and the economy is gradually recovering.」
The disclosure describes the earthquake's impact on the regional economy, while also noting a recovery driven by reconstruction demand and the normalization of supply.