Impact on Existing Hotel Revenue from Competing Hotels and Declining Korean Travelers
First written in FY2020-Q3. 3 of 5 entries say "Restated". Latest entry: FY2023-Q2.
The whole theme swung hardest in 2019: 6 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
競合ホテル・訪日旅行者減少による既存ホテル収益へのリスクについて、新たな発生や重要な変更がないと記載している。 - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
競合ホテル・韓国人旅行客減少による既存ホテル収益へのリスクについて、新たな発生や重要な変更がないと記載している。 - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
競合ホテル・韓国人旅行客減少による既存ホテル収益へのリスクについて、新たな発生や重要な変更がないと記載している。 - FY2020WorsenedAnnual report
「ホテル事業で、新規ホテル等の寄与があったものの、日韓関係の悪化によるインバウンド客の減少や、競合施設増加の影響に加え、新型コロナウイルス感染症の影響もあり稼働が低迷しました。」
競合ホテル・韓国人旅行客減少による既存ホテルの減収に加え、新型コロナウイルス感染症の影響が加わり、レジャー・サービス業営業利益は前期比85.3%減となった。 - FY2020-Q3MaterialisedAnnual report
「In the hotel business, existing hotels reported lower revenue due to competition from other hotels and a decline in South Korean visitors, although」
Competition from other hotels and fewer South Korean visitors materialized as lower revenue at existing hotels. Overall leisure and services revenue increased due to contributions from newly opened and renovated hotels.