Business Model Transformation in Anticipation of Post-COVID Shifts in Values
First written in FY2021-Q1. 6 of 7 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2022-Q3.
2 other companies' latest entry also says "Advanced".
- FY2022-Q3AdvancedAnnual report
「Regarding “service transformation suited to the new normal,” we positioned “Prince Grand Resort Karuizawa” as an area aiming to establish itself as one of Japan’s leading “workation resorts,” and worked with East Japan Railway Company and others to enhance its facilities, services, and products. In addition, we partnered with R.project to expand our outdoor business operations, establishing 株式会社ステップアウト on 1 October 2021.」
Our response to changing values took concrete form in the development of Karuizawa as a workation resort, the partnership with R.project, and the establishment of 株式会社ステップアウト. - FY2022-Q2AdvancedAnnual report
「In addition, as a base for workation stays in the Karuizawa area, we reopened Karuizawa Prince Hotel West after renovation on 27 April 2021. We also advanced service transformation in line with changes in customers’ values and behavior, including beginning a collaboration with Japan Airlines Co.,Ltd. to help restore tourism demand, which had declined during the COVID-19 pandemic.」
Our response to changing values progressed into the reopening of Karuizawa Prince Hotel West after renovation and the launch of a collaboration with Japan Airlines Co.,Ltd. - FY2022-Q1AdvancedAnnual report
「Regarding “service transformation suited to the new normal,” we positioned “Prince Grand Resort Karuizawa” as an area aiming to establish itself as one of Japan’s leading “workation resorts,” and worked with East Japan Railway Company and others to enhance its facilities, services, and products.」
Our response to changing values took concrete form in efforts to develop Karuizawa as a workation resort and cooperation with East Japan Railway Company and others. - FY2021AdvancedAnnual report
「We strengthened cooperation inside and outside the group, including a comprehensive partnership with East Japan Railway Company toward “creating new lifestyles × regional revitalization” and a partnership with 株式会社アルム to implement more advanced safety and security measures suited to the new normal, while working to transform our business model in response to changes in people’s values and behavior resulting from the COVID-19 pandemic.」
Responses to changing values and behavior progressed into specific products and partnerships, including a comprehensive partnership with JR East, a partnership with アルム, remote weddings, and workations. - FY2021-Q3AdvancedAnnual report
「In addition, regarding the transformation of our business model in response to changes in people’s values and behavior resulting from the COVID-19 pandemic, we began a comprehensive partnership with East Japan Railway Company to create new lifestyles unlike any seen before, connect these efforts from the Tokyo metropolitan area to regional areas, promote mobility, increase the number of people with ties to regional communities, and contribute to regional revitalization.」
We began a comprehensive partnership with East Japan Railway Company on transforming our business model in response to changing values. - FY2021-Q2AdvancedAnnual report
「We also worked to develop new products in response to changes in values during the COVID-19 pandemic, including launching remote wedding plans and a workation business for corporate customers.」
The transformation of the business model in response to changing values progressed into specific products and businesses, including the launch of remote weddings and workations for corporate customers. - FY2021-Q1First statedAnnual report
「We also advanced initiatives that would lead to growth after the situation subsided, including internal discussions on transforming our business model in response to changes in people’s values and behavior resulting from the COVID-19 pandemic.」
Based on changes in values such as reduced commuting due to the spread of remote work and less travel outside the home through online interaction, we are discussing business model transformation after the situation subsides.