Business Environment: Tokyo Olympics, Inbound Visitors, Female Employment and IT Adoption as Business Opportunities
First written in FY2016. 3 of 19 entries say "Restated". Latest entry: 2026-07-27.
No other company in this theme has enough history to compare yet.
- 2026-07-27OtherEarnings presentation
「For the full fiscal year, the initial forecast has been left unchanged because it is necessary to assess trends in passenger demand and the impact of the recent situation in the Middle East.」
The need to assess the impact of the situation in the Middle East was cited as a new uncertainty factor behind leaving the full-year forecast unchanged. - FY2026-H1U.S. trade policy and rising prices added as sources of uncertaintyAnnual report
「During the six-month period ended 30 September 2024, the Japanese economy was on a moderate recovery trend as employment and income conditions improved. However, the outlook remained uncertain due to the effects of U.S. trade policy and continued price increases.」
While recognizing a recovery trend driven by improved employment and income conditions, the disclosure identifies the effects of U.S. trade policy and continued price increases as new sources of uncertainty. - FY2025-H1Continued identification of rising prices and exchange-rate fluctuations as sources of uncertaintyAnnual report
「During the six-month period ended 30 September 2023, the Japanese economy was on a moderate recovery trend as corporate earnings and employment and income conditions improved. However, the outlook remained uncertain due to rising prices and exchange-rate fluctuations.」
While recognizing a recovery trend driven by improved corporate earnings and employment and income conditions, the disclosure identifies rising prices and exchange-rate fluctuations as sources of uncertainty. - FY2024-Q1Personal consumption recovery cited alongside uncertainty from resource prices and yen depreciationAnnual report
「During the three-month period ended 30 June 2022, personal consumption increased moderately as employment and income conditions improved, and the Japanese economy showed signs of recovery. However, the outlook remained uncertain due to rising prices resulting from soaring resource prices and the continued depreciation of the yen.」
The disclosure describes improving employment and income conditions and the recovery in personal consumption, while continuing to identify rising prices caused by soaring resource prices and yen depreciation as sources of uncertainty over the outlook. - FY2023-Q2Addition of yen depreciation, alongside a recovery resulting from the easing of movement restrictionsAnnual report
「During the six-month period ended 30 September 2022, the Japanese economy showed signs of recovery as restrictions on movement related to COVID-19 were eased. However, the outlook remained uncertain due to the prolonged situation in Ukraine, rising prices resulting from soaring resource prices and the rapid depreciation of the yen.」
While recognizing the easing of movement restrictions related to the infectious disease and the resulting economic recovery, the disclosure identifies rapid yen depreciation as an additional source of uncertainty, alongside the previously cited soaring resource prices and situation in Ukraine. - FY2022Addition of soaring resource prices and the situation in UkraineAnnual report
「In addition, the outlook remains uncertain due to surging resource prices, including crude oil, and rising tensions surrounding the situation in Ukraine.」
In addition to the previous discussion of infectious diseases, demographic trends, AI and IoT, soaring resource prices and the situation in Ukraine have been added as sources of uncertainty in the business environment. - FY2022-Q3Addition of the renewed spread of infections due to outbreaks of new variantsAnnual report
「The state of emergency was lifted at the end of September following a decline in infections in Japan, and restrictions on socioeconomic activity were eased, leading to signs of a recovery in personal consumption. However, infections began to spread again in December with the outbreak of new variants, and the outlook remains uncertain.」
While recognizing the recovery in economic activity after the state of emergency was lifted, the disclosure adds the renewed spread of infections caused by the outbreak of new variants in December and the resulting uncertainty over the outlook. - FY2021Addition of ESG and the SDGs as important aspects of the business environmentAnnual report
「The spread of the “new lifestyle” caused by the COVID-19 pandemic has significantly changed the behavior and values of our group’s customers. Going forward, rapid advances in digital technology are expected to expand the range of new services, while corporate initiatives relating to ESG (environmental, social and governance) and the SDGs (Sustainable Development Goals) are receiving increasing attention.」
In addition to the previous recognition of population decline, AI and IoT, the disclosure explicitly identifies the importance of the new lifestyle, digital technology, ESG and the SDGs. - FY2021-Q3Addition of the sharp increase in infections and the spread of behavioral changesAnnual report
「Although economic activity showed signs of recovery after the state of emergency was lifted, partly due to the effects of various government policies, the number of infections rose sharply nationwide from November. With no clear prospect of containing the infectious disease, changes in behavior adapted to the “new lifestyle” have spread throughout society, and the outlook remains extremely uncertain.」
In addition to the previous discussion of the new lifestyle and behavioral changes, the disclosure describes the nationwide surge in infections from November and the uncertain outlook for containing the infectious disease. - FY2021-Q2Addition of the entrenchment of behavioral changes and the slowing economic recoveryAnnual report
「Even after the state of emergency was lifted, the number of infections again began to trend upward, leaving no clear prospect of containing the infectious disease. Changes in behavior adapted to the “new lifestyle” have become established in society, while efforts toward recovery of the domestic economy have remained sluggish and corporate capital investment has been restrained. Corporate earnings and business sentiment have continued to deteriorate, and the outlook remains extremely uncertain.」
In addition to the previous recognition of AI, IoT and demographic trends, the disclosure describes the entrenchment of behavioral changes associated with the new lifestyle, the slowing economic recovery and restrained capital investment. - FY2021-Q1Addition of lower demand resulting from new lifestyles and changes in behaviorAnnual report
「In particular, since the declaration of a state of emergency, socioeconomic activity has been restricted by limits on movement and requests to refrain from operating businesses. Personal consumption has fallen sharply and continued to deteriorate rapidly, while changes in behavior toward a “new lifestyle” and “new normal” have become increasingly pronounced.」
In addition to the previous recognition of AI, IoT and other aspects of the business environment, the disclosure describes the new lifestyle, changes in behavior and the decline in personal consumption resulting from restrictions on movement. - FY2020Reassessment of the business environment, including AI, IoT and labor shortagesAnnual report
「The business environment surrounding our group is changing at an unprecedented pace. Technologies such as AI and IoT, which are bringing changes to the structure of the industry, are advancing rapidly, while the decline in customers due to population decline and labor shortages are expected to become increasingly pronounced.」
The previous recognition of business opportunities arising from IT adoption and other factors was reorganized to reflect an environment characterized by the rapid advancement of AI and IoT, alongside the structural challenges of population decline and labor shortages. - FY2019Reassessment of business opportunities, including AI and IoTAnnual report
「In addition, the number of inbound travelers is expected to increase further, while social infrastructure is being developed at a rapid pace ahead of the Tokyo Olympic and Paralympic Games.」
In addition to the previous record of declining inbound travelers, further growth in inbound travel, the Tokyo Games and social infrastructure development are again presented as opportunities in the business environment. - FY2018-Q1Continued decline in visitors to Japan and hotel guestsAnnual report
「Revenue declined in the hotel business due in part to a decrease in hotel guests, including visitors to Japan.」
The decline in lodging guests, including inbound travelers, is again cited as a factor behind lower hotel revenue. - FY2017RestatedAnnual report
「Economic ripple effects are expected from the 2020 Tokyo Olympic and Paralympic Games. Although the population is declining and aging, business opportunities are expected from the increasing participation of women in society, growth in the number of visitors to Japan and further advances in IT adoption.」
The company continues to identify the Tokyo Games, women’s participation in society, visitors to Japan and IT adoption as business opportunities. - FY2017-Q3RestatedAnnual report
「In the hotel business, the company sought to improve occupancy by renovating guest rooms while visitors to Japan continued to decline. However, revenue decreased due in part to a decline in customers in the food and beverage division.」
The decline in visitors to Japan continued, and although measures were implemented to improve occupancy through guest room renovations, the hotel business reported lower revenue. - FY2017-Q2RestatedAnnual report
「In the hotel business, the company sought to improve occupancy by renovating guest rooms while visitors to Japan continued to decline. However, revenue decreased due in part to a decline in customers in the food and beverage division.」
The decline in visitors to Japan continued, and although measures were implemented to improve occupancy in the accommodation division, including guest room renovations, the hotel business reported lower revenue. - FY2017-Q1Shift from business opportunities to headwindsAnnual report
「In the hotel business, the number of banquets increased as the company strengthened its sales activities targeting companies and organizations. However, the occupancy rate in the accommodation division declined due to the decrease in visitors to Japan, resulting in lower revenue.」
Visitors to Japan, previously identified as a business opportunity, declined during the quarter, leading to lower occupancy in the hotel accommodation division and lower revenue. - FY2016First statedAnnual report
「Economic ripple effects are expected from the 2020 Tokyo Olympic and Paralympic Games. Although the population is declining and aging, business opportunities are expected from the increasing participation of women in society, growth in the number of visitors to Japan and further advances in IT adoption.」
The company identified the 2020 Games, women’s participation in society, visitors to Japan and IT adoption as business opportunities.