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Nankai (9044) · InitiativeAchieved

Renovation of Hotel Nakanoshima

First written in FY2019-Q2. 1 of 4 entries say "Achieved", first in FY2020. Latest entry: FY2020.

4entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2019-Q2 – FY20192018: 120182019: 220192020: 12020
Same theme, other companies
Value enhancement through hotel renovations and rebrandingA theme 13 companies write about · 0 as a headwind · 18 as a tailwind

The whole theme swung hardest in 2021: 2 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Achieved".

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. FY2020AchievedAnnual report

    「In the hotels and inns business, in April last year we rebranded and reopened the former Hotel Nakanoshima as Aoki Shima no Yado Kumano Bettei Nakanoshima, a small luxury Japanese-style resort for individual guests.」

    Completed the renovation of Hotel Nakanoshima and rebranded and reopened it as Aoki Shima no Yado Kumano Bettei Nakanoshima.
  2. FY2019Full-year results update (impact of renovation)Annual report

    「Hotels and inns 256 (69.9% decrease)」

    Operating revenue in the hotels and inns business fell 69.9% year on year, mainly due to the impact of partial closure associated with the renovation of Hotel Nakanoshima.
  3. FY2019-Q3Third-quarter results update (impact of renovation)Annual report

    「In the leisure and services segment, operating revenue in the hotels and inns business was ¥27.742 billion, down 0.5% year on year, mainly due to the impact of partial closure associated with the renovation of Hotel Nakanoshima, while operating income was ¥1.215 billion, down 19.2%.」

    The partial closure associated with the renovation of Hotel Nakanoshima continued to emerge as a factor behind the decline in revenue and operating income in the leisure and services segment for the cumulative third quarter.
  4. FY2019-Q2First statedAnnual report

    「In the leisure and services segment, operating revenue in the hotels and inns business was ¥18.141 billion, down 2.6% year on year, mainly due to the impact of partial closure associated with the renovation of Hotel Nakanoshima, while operating income was ¥515 million, down 48.3%.」

    The renovation of Hotel Nakanoshima was under way, and the resulting partial closure was cited as a factor behind the decline in revenue and operating income in the leisure and services segment for the cumulative second quarter.
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Renovation of Hotel Nakanoshima | NANKAI Co.,Ltd. (9044) | Komori