Komori
Hiroshima Electric Railway (9033) · RiskWorsened

Decline in senior visitors to the golf practice range

First written in FY2017-Q3. 5 of 18 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2026-H1.

18entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2021-Q3 – FY2025-H12017: 420172018: 420182019: 220192020: 220202021: 220212022: 120222023: 020232024: 220242025: 12025
Same theme, other companies

Hiroshima Electric Railway moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).

The whole theme swung hardest in 2020: 6 of 10 companies on the "Worse" side.

1 other company's 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1WorsenedAnnual report

    「At the golf course, visitor numbers declined despite efforts to improve the facilities and operations. At the golf practice range, we also worked on improving the practice environment as a measure against summer heat and on sales activities such as developing golf products, but revenue declined.」

    Although we took steps such as improving the environment and developing products at the golf practice range, revenue declined, highlighting weakness in the use and earnings of golf-related facilities.
  2. FY2025-H1AdvancedAnnual report

    「Profit declined due to the impact of initial implementation costs for the indoor golf practice range that opened in April 2024.」

    An indoor golf practice range opened in April 2024, and we proceeded to develop a new user environment in addition to the existing practice range.
  3. FY2024AdvancedAnnual report

    「Leisure and services business: Construction of a new indoor golf facility, ¥79 million」

    We invested ¥79 million in constructing a new indoor golf facility and proceeded with developing a new user environment and means of acquiring members in addition to operating the existing golf practice range.
  4. FY2022AdvancedAnnual report

    「At Hiroden Golf, a golf practice range in Higashi Ward, Hiroshima, we focused on increasing female visitors by holding events to promote female membership and events for beginner schools. In particular, the number of younger visitors increased, resulting in higher revenue.」

    We held events to promote female membership and beginner school events, leading to increases in female and younger visitors and higher revenue.
  5. FY2021MitigatedAnnual report

    「At Hiroden Golf, a golf practice range in Higashi Ward, Hiroshima, the facility was considered relatively safe with respect to COVID-19 infection because individual use was common and ample spacing between hitting bays could be maintained. Visitor numbers increased and revenue rose.」

    The practice environment, with high levels of individual use and wide spacing between hitting bays, led to higher visitor numbers and revenue at the golf practice range.
  6. FY2021-Q3MitigatedAnnual report

    「At the golf practice range, individual use was common and ample spacing between hitting bays could be maintained, so the facility was considered relatively safe with respect to COVID-19 infection. The recovery trend in merchandise sales consequently led to higher revenue.」

    The practice environment, with high levels of individual use and wide spacing between hitting bays, together with the recovery in merchandise sales, resulted in higher revenue at the golf practice range.
  7. FY2021-Q1WorsenedAnnual report

    「At the golf practice range, visitor numbers increased slightly even under Hiroshima Prefecture's state of emergency because the facility was not subject to requests to suspend operations. However, sales of golf equipment fell sharply because they were subject to such a request, resulting in lower revenue.」

    Visitor numbers increased slightly, but sales of golf equipment, which were subject to requests to suspend operations, fell sharply, resulting in lower revenue at the golf practice range.
  8. FY2020MitigatedAnnual report

    「At the golf practice range, the all-year all-you-can-hit program was well received, resulting in higher revenue than in the previous consolidated fiscal year, when visitor numbers declined due to the July 2018 torrential rains.」

    The all-year all-you-can-hit program helped the golf practice range recover revenue from the previous year, when visitor numbers declined due to torrential rains.
  9. FY2020-Q2MitigatedAnnual report

    「At the golf practice range, revenue increased compared with the cumulative consolidated period of the second quarter of the previous fiscal year, when visitor numbers declined due to the torrential rains in July 2018, supported by the implementation of an all-you-can-hit program throughout the year.」

    We implemented an all-year all-you-can-hit program, resulting in higher revenue year on year against the impact of the torrential rains.
  10. FY2019-Q3WorsenedAnnual report

    「At the golf practice range, revenue declined due to the impact of the torrential rains in July 2018 and the arrival of typhoons.」

    The impact of torrential rains and typhoons resulted in lower revenue at the golf practice range.
  11. FY2019-Q2WorsenedAnnual report

    「At the golf practice range, revenue declined due to the impact of the torrential rains in July 2018 and the arrival of typhoons.」

    The impact of torrential rains and typhoons resulted in lower revenue at the golf practice range.
  12. FY2019-Q1AdvancedAnnual report

    「At the golf practice range, we took various initiatives, including launching new golf lessons for beginners, resulting in higher revenue.」

    We launched new golf lessons for beginners and implemented initiatives that led to higher user numbers and revenue.
  13. FY2018AdvancedAnnual report

    「At the golf practice range, the number of users increased and revenue rose as a result of introducing a new golf school and holding various events.」

    We introduced a new golf school and held various events, leading to higher user numbers and revenue.
  14. FY2018-Q3RestatedAnnual report

    「At the golf practice range, visitor numbers increased and revenue rose as a result of holding various events.」

    Visitor numbers at the golf practice range increased and revenue rose as a result of holding events.
  15. FY2018-Q2MitigatedAnnual report

    「At the golf practice range, visitor numbers increased and revenue rose as a result of holding various events.」

    Although a decline in senior visitors had previously been reported, visitor numbers increased and revenue rose through event initiatives.
  16. FY2018-Q1RestatedAnnual report

    「At the golf practice range, revenue declined due to a decrease in senior visitors.」

    The decline in senior visitors and lower revenue at the golf practice range continue to be reported.
  17. FY2017RestatedAnnual report

    「At the golf practice range, revenue declined due to a decrease in senior visitors.」

    The decline in senior visitors and lower revenue at the golf practice range continue to be reported.
  18. FY2017-Q3First statedAnnual report

    「At the golf practice range, revenue declined due to a decrease in senior visitors.」

    The decline in senior visitors occurred in practice, becoming a factor behind lower revenue at the golf practice range.
Moved together

"Increase in golf users through active marketing, including Customer Appreciation Special Days" moved the same way as this thread, in the same document, in 10 of its 18 moves.

1088877★123456
  1. ★This thread
  2. 1Increase in golf users through active marketing, including Customer Appreciation Special Days10×
  3. 2Building a Stable Earnings Structure and Improving Profitability8×
  4. 3Expanding Public- and Private-Sector Orders and Managing Construction Costs8×
  5. 4Track record of earnings recovery and improvement in the financial base8×
  6. 5Improving cash efficiency and reducing interest-bearing debt through a CMS7×
  7. 6Interest-Bearing Debt and Interest-Rate Increase Risk7×

★ 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
Hiroshima Electric Railway's next results are scheduled for 2026-11-13. Read the earnings preview
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