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Seibu Holdings (9024) · FactReframed

MICE Demand Continues to Show Strength

First written in FY2017-Q2. 10 of 13 entries say "Restated". Latest entry: FY2021.

13entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2020-Q1RestatedFY2020-Q32016: 12017: 420172018: 320182019: 320192020: 120202021: 12021
Same theme, other companies
Expansion of hotel MICE demand and shift to a self-produced events modelA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021ReframedAnnual report

    「At our banquet venues, we will create new enjoyment and experiences for customers by taking proactive initiatives, such as using content to organize our own events, rather than limiting operations to renting out the venues.」

    The discussion has expanded from MICE demand performing strongly or steadily to a policy of transforming venue-rental-focused operations into an own-event model under MICE 2.0.
  2. FY2020-Q3RestatedAnnual report

    「MICE performed steadily in the banquet division, while the restaurant division also performed steadily, supported by proactive sales initiatives at hotels in Tokyo.」

    The wording “performed steadily” continues to be used for MICE, following the previous quarter.
  3. FY2020-Q2SoftenedAnnual report

    「MICE performed steadily in the banquet division, while the restaurant division also performed steadily, supported by proactive sales initiatives at hotels in Tokyo.」

    The wording for MICE has changed from “performed strongly” to “performed steadily.”
  4. FY2020-Q1RestatedAnnual report

    「MICE performed strongly in the banquet division, while the restaurant division also performed steadily, supported by proactive sales initiatives at hotels in Tokyo.」

    Strong MICE performance continues to be cited as a driver of revenue growth in the hotel business.
  5. FY2019-Q3RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance continues to be cited as a driver of revenue growth in the hotel and leisure business.
  6. FY2019-Q2RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance is cited again as a driver of revenue growth in the hotel and leisure business.
  7. FY2019-Q1RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance continues to be cited as a driver of revenue growth in the hotel and leisure business.
  8. FY2018-Q3RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance is cited again as a driver of revenue growth in the hotel and leisure business.
  9. FY2018-Q2RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance is cited again as a driver of revenue growth in the hotel and leisure business.
  10. FY2018-Q1RestatedAnnual report

    「MICE performed strongly in the banquet division.」

    Strong MICE performance is cited again as a driver of revenue growth in the hotel business.
  11. FY2017RestatedAnnual report

    「In addition, to secure an overwhelming share of the MICE market, we will develop roaming MICE and inbound MICE offerings and enhance our sales activities and project management.」

    In addition to the reference to strong MICE demand, measures aimed at securing market share in the MICE market have been outlined.
  12. FY2017-Q3RestatedAnnual report

    「Although hotel and leisure operating revenue was affected by the suspension of operations for seismic retrofitting at Tokyo Prince Hotel and Grand Prince Hotel Takanawa, higher RevPAR at existing hotels resulting from changes in the customer market, the opening of The Prince Gallery Tokyo Kioicho, and strong MICE performance, among other revenue growth factors, limited the decrease to ¥142,145 million, down ¥648 million, or 0.5%, from the same period of the previous year.」

    Higher RevPAR at existing hotels and strong MICE performance continue to be cited as drivers of revenue growth in the hotel business.
  13. FY2017-Q2First statedAnnual report

    「In light of the resulting revenue growth driven by higher RevPAR at existing hotels and strong MICE performance, among other factors,」

    Strong MICE performance is cited as a driver of revenue growth in the hotel business, alongside higher RevPAR at existing hotels.
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Seibu Holdings's next results are scheduled for 2026-11-12. Read the earnings preview
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