Komori
Keikyu (9006) · RiskRestatedLatest Earnings presentation (2026-08-05): "Worsened"

Risk of a Decline in Foreign Visitors to Japan

First written in FY2016. 22 of 27 entries say "Restated". Latest entry: 2026-08-05.

27entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q3RestatedFY2023-Q1 – FY2026-H12016: 320162017: 320172018: 420182019: 420192020: 420202021: 220212022: 420222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Decline in Inbound Tourists / Slowdown in Inbound ConsumptionA theme 33 companies write about · 33 as a headwind · 0 as a tailwind

Keikyu moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).

The whole theme swung hardest in 2019: 8 of 19 companies on the "Worse" side.

5 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. 2026-08-05WorsenedEarnings presentation

    「Decline in inbound visitors due to soaring airfares」

    For inbound demand, the company identified a potential decline in users resulting from soaring airfares as a specific risk transmission channel.
  2. FY2026-H1RestatedAnnual report

    「当中間連結会計期間において、当半期報告書に記載した事業の状況、経理の状況等に関する事項のうち、経営者が連結会社の財政状態、経営成績およびキャッシュ・フローの状況に重要な影響を与える可能性があると認識している主要なリスクの発生または前事業年度の有価証券報告書に記載した「事業等のリスク」についての重要な変更はありません。」

    訪日外国人減少リスクについて重要な変更がないと記載している。
  3. FY2025-H1RestatedAnnual report

    「当中間連結会計期間において、当半期報告書に記載した事業の状況、経理の状況等に関する事項のうち、経営者が連結会社の財政状態、経営成績およびキャッシュ・フローの状況に重要な影響を与える可能性があると認識している主要なリスクの発生または前事業年度の有価証券報告書に記載した「事業等のリスク」についての重要な変更はありません。」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  4. FY2023-Q2RestatedAnnual report

    「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更がないと総括している。
  5. FY2023-Q1RestatedAnnual report

    「During the first three months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  6. FY2022WorsenedAnnual report

    「世界的な恐慌とりわけアジア諸国における景気の急速な減退、東ヨーロッパおよびロシア地域における政治的・軍事的緊張の高まりによる安全保障情勢の変化、感染症等による国際的な渡航制限等により訪日外国人が大幅に減少した場合、当社グループの財政状態や業績に影響を及ぼす可能性があります。」

    訪日外国人減少リスクの地政学的要因について、従来の東アジア地域から東ヨーロッパ・ロシア地域を含む表現へ広げた。
  7. FY2022-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更がないと総括している。
  8. FY2021MaterialisedAnnual report

    「新型コロナウイルス感染症の拡大により、テレワークの普及等のワークスタイルの変化や訪日外国人の減少など、各事業とも、非常に大きな影響を受けております。」

    訪日外国人減少リスクが、交通・ホテル等の需要減少を伴う実際の事業影響として顕在化した。
  9. FY2021-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更がないと総括している。
  10. FY2021-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  11. FY2021-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  12. FY2020WorsenedAnnual report

    「世界的な恐慌とりわけアジア諸国における景気の急速な減退、東アジア地域における政治的・軍事的緊張の高まりによる安全保障情勢の変化、感染症等による国際的な渡航制限等により訪日外国人が大幅に減少した場合、当社グループの財政状態や業績に影響を及ぼす可能性があります。」

    訪日外国人減少の要因として、従来の景気・安全保障要因に加えて感染症による国際的な渡航制限を追加した。
  13. FY2020-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  14. FY2020-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  15. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  16. FY2019RestatedAnnual report

    「世界的な恐慌とりわけアジア諸国における景気の急速な減退、東アジア地域における政治的・軍事的緊張の高まりによる安全保障情勢の変化等により訪日外国人が大幅に減少した場合、当社グループの財政状態や業績に影響を及ぼす可能性があります。」

    訪日外国人の大幅減少を外部環境リスクとして再確認している。
  17. FY2019-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  18. FY2019-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  19. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人需要の大幅減少リスクについて、重要な変更はないと総括している。
  20. FY2018RestatedAnnual report

    「世界的な恐慌とりわけアジア諸国における景気の急速な減退、東アジア地域における政治的・軍事的緊張の高まりによる安全保障情勢の変化等により訪日外国人が大幅に減少した場合、当社グループの財政状態や業績に影響を及ぼす可能性があります。」

    訪日外国人需要の大幅減少を外部環境リスクとして再確認している。
  21. FY2018-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  22. FY2018-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  23. FY2018-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  24. FY2017-Q3RestatedAnnual report

    「During the nine-month period ended 31 December, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  25. FY2017-Q2RestatedAnnual report

    「During the six-month period ended in the second quarter, there were no material changes in the matters concerning the business and accounting conditions described in this quarterly securities report that could materially affect investors' decisions, nor in the business and other risks described in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  26. FY2017-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no occurrences of matters that could have a material impact on investors' decisions among the matters concerning the business and accounting conditions described in the quarterly securities report, nor were there any material changes to the section on "Business and Other Risks" in the securities report for the previous fiscal year.」

    訪日外国人減少リスクについて、重要な変更はないと総括している。
  27. FY2016First statedAnnual report

    「世界的な恐慌とりわけアジア諸国における景気の急速な減退、東アジア地域における政治的・軍事的緊張の高まりによる安全保障情勢の変化等により訪日外国人が大幅に減少した場合、当社グループの財政状態や業績に影響を及ぼす可能性があります。」

    訪日外国人需要の取り込みを掲げる一方、その大幅減少を外部環境リスクとしている。
Moved together

"High Levels of Interest-Bearing Debt and Interest Rate and Credit Rating Risk" moved the same way as this thread, in the same document, in 3 of its 27 moves.

332222★123456
  1. ★This thread
  2. 1High Levels of Interest-Bearing Debt and Interest Rate and Credit Rating Risk3×
  3. 2Risk of Reorganization of Existing Facilities Associated with Development around Shinagawa Station3×
  4. 3Balancing Growth Investment and Shareholder Returns2×
  5. 4Increased Labor Cost Burden Due to a Sharp Rise in Wage Levels2×
  6. 5Business Impacts of Natural Disasters, Terrorism and Disease2×
  7. 6Impairment of Fixed Assets in the Real Estate and Leisure Businesses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Keikyu yet. It last moved in the Earnings presentation of 2026-08-05: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.