Risk of declining demand from overseas visitors to Japan due to changes in overseas conditions
First written in FY2021. 4 of 8 entries say "Restated". Latest entry: 2026-08-31.
The whole theme swung hardest in 2020: 8 of 15 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-31MitigatedFinancial Results Presentation
「Apartment hotel MIMARU has traditionally been used by many guests from Europe, the United States, and Australia. As inbound demand from these regions has also remained firm, there has been no direct impact at this point.」
Regarding the decline in visitors from China, the Company explained that many guests come from Europe, the United States, and Australia and that there has been no direct impact at present. - FY2026WorsenedAnnual report
「While lodging demand is expected to expand against the backdrop of an increase in the number of foreign visitors to Japan, it will be necessary to monitor the impact on inbound demand, costs and material procurement if the effects of conditions in the Middle East expand or persist beyond expectations, as well as the risk of a slowdown in the global economy.」
While growth in inbound demand was identified as a business opportunity, the spillover effects of conditions in the Middle East, a slowdown in the global economy, and costs and material procurement were explicitly identified as risks to demand from visitors to Japan. - 2026-05-12WorsenedFinancial Results Presentation
「Although inbound demand from overseas visitors to Japan is expected to decline temporarily due to the impact of international conditions, including heightened tensions in the Middle East, the effect on the full year is expected to be limited and demand is expected to remain firm.」
The possibility of a temporary decline in inbound visitor demand due to the situation in the Middle East was specifically presented as a risk arising from changes in overseas conditions. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or material change regarding the risk of declining demand from foreign visitors to Japan due to changes in overseas conditions. - FY2024-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It was stated that there had been no new occurrence or material change regarding the risk of declining demand from foreign visitors to Japan due to changes in overseas conditions. - FY2024-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It was stated that there had been no new occurrence or material change regarding the risk of declining demand from foreign visitors to Japan due to changes in overseas conditions. - FY2022RestatedAnnual report
「If conditions change due to terrorist attacks or the outbreak of war overseas, or the emergence or spread of a new infectious disease, resulting in a decline in foreign tourists visiting Japan because of travel restraint or restrictions, or a deterioration in consumer sentiment toward travel to Japan, the Group's results may be affected.」
The risk of declining demand from foreign visitors to Japan due to terrorism, war, new infectious diseases and other factors remains in place. - FY2021First statedAnnual report
「If conditions change due to terrorist attacks or the outbreak of war overseas, or the emergence or spread of a new infectious disease, resulting in a decline in foreign tourists visiting Japan because of travel restraint or restrictions, or a deterioration in consumer sentiment toward travel to Japan, the Group's results may be affected.」
The risk of travel restrictions and declining demand from foreign visitors to Japan due to terrorism, war, new infectious diseases and other factors was disclosed for the lodging business.