Restructuring the tourism business and shifting to a highly profitable real estate business
First written in FY2023. 4 of 11 entries say "Achieved", first in 2026-05-14. Latest entry: FY2026.
73 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company merged with Hoto Kogyo Co., Ltd., a consolidated subsidiary, effective 1 October last year.」
In line with the policy of restructuring the tourism business and reorganizing Group companies, the company completed an absorption-type merger with Hoto Kogyo Co., Ltd. effective 1 October 2025 and proceeded with centralizing its tourism business structure. - FY2025AdvancedAnnual report
「In the tourism business, we decided to merge with Hoto Kogyo Co., Ltd., a consolidated subsidiary, this autumn. Through this merger, we will centralize the tourism business structure in the Nagatoro area and further improve and optimize organizational operations.」
The policy of restructuring the tourism business and reorganizing Group companies has taken concrete form in a plan to merge with Hoto Kogyo Co., Ltd. this autumn. The plan will centralize the tourism business structure in the Nagatoro area. - FY2025-H1RestatedAnnual report
「• Restructuring the Group's tourism business • Shifting to a stable and highly profitable real estate business」
The company continues to pursue the restructuring of its tourism business and a shift to a stable and highly profitable real estate business as measures addressing the going concern assumption. - FY2024-Q3AdvancedAnnual report
「During the third quarter of the fiscal year under review, Chichibu Kanko Kogyo Co., Ltd., formerly a consolidated subsidiary, was eliminated from the scope of consolidation because it ceased to exist as a result of an absorption-type merger effective 1 October 2023, with Chichibu Railway Kanko Bus Co., Ltd., a consolidated subsidiary, as the surviving company.」
In connection with the policy of considering the integration and reorganization of Group companies, Chichibu Railway Kanko Bus absorbed Chichibu Kanko Kogyo effective 1 October 2023, and the latter was excluded from the scope of consolidation. - FY2024-Q2RestatedAnnual report
「• Restructuring the Group's tourism business • Shifting to a stable and highly profitable real estate business」
As measures addressing the going concern assumption, the company continues to pursue the restructuring of its tourism business and a shift to a highly profitable real estate business. In the real estate business, it has disclosed efforts to improve parking occupancy and the occupancy rate of rental properties. - FY2024-Q1RestatedAnnual report
「• Restructuring the Group's tourism business • Shifting to a stable and highly profitable real estate business」
As measures addressing the going concern assumption, the company continues to pursue the restructuring of its tourism business and a shift to a highly profitable real estate business. It also began leasing apartments on company-owned land in front of Omaeda Station as a real estate utilization measure. - FY2023First statedAnnual report
「To establish the structure needed to achieve these objectives, we will review our organization from the new fiscal year and seek to restructure the Group's tourism business and shift to a more stable and highly profitable real estate business. Going forward, we will also consider integrating and reorganizing Group companies, seek an early recovery in performance and establish a strong management foundation through greater management efficiency, and thereby work to enhance corporate value and contribute to the local community.」
Starting with the organizational review from the new fiscal year, for the first time specifically outlined a shift in the Group's business structure involving the restructuring of its tourism business, enhancement of the profitability of its real estate business, and consideration of integrating and reorganizing Group companies.