Lodging remains strong as the banquet division improves
First written in FY2017-Q1. 16 of 38 entries say "Softened", first in FY2018-Q1. Latest entry: 2026-10-28.
Meiji Shipping Group moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「In the hotel-related business segment, usage, centered on accommodation and banqueting, remained solid against a backdrop of recovering and increasing domestic travel demand and demand from visitors to Japan. Revenue was ¥10,129 million, up 7.6% year on year. Meanwhile, operating expenses increased due to higher personnel and outsourcing costs, as well as higher food, energy and other expenses. As a result, the hotel-related business reported a loss of ¥280 million, compared with profit of ¥151 million in the same period of the previous year.」
Usage of accommodation and banquet facilities remained solid, resulting in higher revenue, but higher expenses caused the business to change from profit in the previous year to a loss. - FY2026-H1SoftenedAnnual report
「In the hotel-related business segment, revenue from each business exceeded the same period of the previous year as travel demand from both domestic and overseas customers recovered, led particularly by the accommodation business. Revenue was ¥4,687 million, up 13.7% from the previous interim consolidated accounting period. Meanwhile, operating expenses, including personnel, outsourcing, food and energy costs, also increased, resulting in a loss of ¥217 million in the hotel-related business, compared with a loss of ¥178 million in the previous interim consolidated accounting period.」
Travel demand recovered and the accommodation business led growth in revenue, but the loss expanded from ¥178 million to ¥217 million due to higher personnel, outsourcing, food and energy costs, among others. - FY2025SoftenedAnnual report
「In the hotel-related business segment, revenue increased 8.0% year on year to ¥9,418 million due to an increase in domestic individual customers and inbound visitors. Meanwhile, operating expenses increased due to higher personnel and outsourcing costs, as well as higher food and energy costs, resulting in profit of ¥151 million, down 63.5% year on year.」
Revenue increased as the number of domestic individual customers and inbound visitors rose, but profit fell sharply due to higher personnel, outsourcing, food and energy costs. - FY2025-H1SoftenedAnnual report
「Meanwhile, operating expenses increased due to higher food and energy costs, resulting in a loss of ¥178 million in the hotel-related business, compared with a loss of ¥100 million in the previous interim consolidated accounting period.」
Although revenue increased 12.8% due to higher accommodation demand, the loss expanded from ¥100 million to ¥178 million because of higher food and energy costs. - FY2024AdvancedAnnual report
「In the hotel-related business segment, the May reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5 led to a rapid recovery in travel demand from both domestic and overseas customers. As a result, revenue was ¥8,722 million, up 33.7% year on year, and the hotel-related business reported profit of ¥415 million, compared with a loss of ¥400 million in the same period of the previous year, returning to profitability for the first time in 4 periods.」
With travel demand from both domestic and overseas customers recovering, the hotel-related business changed from a loss in the previous year to profit and returned to profitability for the first time in 4 periods. - FY2024-Q3AdvancedAnnual report
「In the hotel-related business segment, performance shifted to a recovery trend from the COVID-19 pandemic. Revenue was ¥6,454 million, up 46.1% year on year, and the hotel-related business reported profit of ¥384 million, compared with a loss of ¥531 million in the same period of the previous year.」
The hotel-related business changed from a loss of ¥531 million in the same period of the previous year to profit of ¥384 million, with the recovery also reflected in earnings. - FY2024-Q2MitigatedAnnual report
「In the hotel-related business segment, performance shifted to a recovery trend from the conditions created by the COVID-19 pandemic. Revenue was ¥3,655 million, up 58.8% year on year, and the hotel-related business reported a loss of ¥100 million, compared with a loss of ¥720 million in the same period of the previous year.」
The hotel-related business continued to recover, with revenue up 58.8% and the loss narrowing from ¥720 million to ¥100 million. However, it still posted a loss. - FY2024-Q1MitigatedAnnual report
「In the hotel-related business segment, performance shifted to a recovery trend from the COVID-19 pandemic. Revenue was ¥1,724 million, up 93.6% year on year, and the hotel-related business reported a loss of ¥63 million, compared with a loss of ¥520 million in the same period of the previous year.」
The hotel-related business shifted to a recovery trend from the COVID-19 pandemic, with revenue up 93.6% year on year and the loss narrowing from ¥520 million to ¥63 million. - FY2023MitigatedAnnual report
「In the hotel-related business segment, although it was affected by the spread of COVID-19, demand began to recover from October onward due to the easing of entry restrictions and the expansion of the National Travel Discount program. As a result, revenue was ¥6,522 million, up 92.8% year on year, and the hotel-related business reported a loss of ¥400 million, compared with a loss of ¥2,068 million in the same period of the previous year.」
Hotel demand recovered as entry restrictions were eased and the National Travel Discount program was expanded, with revenue up 92.8% and the loss narrowing from ¥2,068 million to ¥400 million. - FY2023-Q3MitigatedAnnual report
「In the hotel-related business segment, although it was affected by the spread of COVID-19, a recovery trend continued from April onward. Revenue was ¥4,417 million, up 106.7% year on year, and the hotel-related business reported a loss of ¥531 million, compared with a loss of ¥1,717 million in the same period of the previous year.」
Although the impact of COVID-19 remained, the recovery trend from April onward continued, lifting revenue from the hotel-related business 106.7% year on year. The loss also narrowed from ¥1,717 million to ¥531 million. - FY2023-Q2MitigatedAnnual report
「In the hotel-related business segment, although it was affected by the spread of COVID-19, a recovery trend continued from April onward. Revenue was ¥2,301 million, up 107.9% year on year, and the hotel-related business reported a loss of ¥720 million, compared with a loss of ¥1,338 million in the same period of the previous year.」
Although the impact of COVID-19 remained, the recovery trend from April onward lifted revenue from the hotel-related business 107.9% year on year, while the loss narrowed from ¥1,338 million to ¥720 million. - FY2023-Q1MitigatedAnnual report
「In the hotel-related business segment, although the impact of the spread of COVID-19 continued, revenue was ¥890 million, up 47.6% year on year, and the hotel-related business reported a loss of ¥520 million, compared with a loss of ¥628 million in the same period of the previous year.」
Although the impact of COVID-19 continued, revenue from the hotel-related business increased 47.6% year on year, and the loss narrowed from ¥628 million to ¥520 million. - FY2022WorsenedAnnual report
「The prolonged spread of COVID-19 kept conditions extremely difficult throughout the year. Although domestic accommodation demand had begun to trend higher in the summer, it turned lower in October. As a result, revenue from the hotel-related business was ¥3,382 million, down 34.2% year on year, and the hotel-related business reported a loss of ¥2,068 million, compared with a loss of ¥1,753 million in the same period of the previous year.」
The impact of the COVID-19 pandemic persisted throughout the year, resulting in a 34.2% year-on-year revenue decline in the hotel-related business and an increase in the loss from ¥1,753 million to ¥2,068 million. - FY2022-Q3WorsenedAnnual report
「In the hotel-related business segment, due to the intermittent spread of COVID-19 since the beginning of the year, revenue was ¥2,137 million, down 36.4% year on year, and the hotel-related business reported a loss of ¥1,717 million, compared with a loss of ¥1,712 million in the same period of the previous year.」
The impact of the spread of COVID-19 continued, with revenue from the hotel-related business down 36.4% year on year and the loss expanding from ¥1,712 million to ¥1,717 million. - FY2022-Q2WorsenedAnnual report
「In the hotel-related business segment, the intermittent spread of COVID-19 since the beginning of the year reduced the number of accommodation and food-and-beverage customers, resulting in extremely difficult business conditions. Revenue from the hotel-related business was ¥1,106 million, down 48.3% year on year, and the hotel-related business reported a loss of ¥1,338 million, compared with a loss of ¥1,327 million in the same period of the previous year.」
The spread of COVID-19 reduced the number of accommodation and food-and-beverage customers, resulting in a 48.3% year-on-year revenue decline and an increase in the loss from ¥1,327 million to ¥1,338 million. - FY2022-Q1WorsenedAnnual report
「In the hotel-related business segment, partly due to the spread of COVID-19, revenue was ¥603 million, down 69.4% year on year, and the hotel-related business reported a loss of ¥628 million, compared with a loss of ¥286 million in the same period of the previous year.」
The impact of the spread of COVID-19 continued, with revenue from the hotel-related business down 69.4% year on year and the loss expanding from ¥286 million to ¥628 million. - FY2021-Q3WorsenedAnnual report
「In the hotel-related business segment, some hotels were forced to close from April through June due to the impact of the COVID-19 pandemic. Revenue was ¥3,363 million, down 63.4% year on year, and the hotel-related business reported a loss of ¥1,712 million, compared with profit of ¥1,107 million in the same period of the previous year.」
The impact of pandemic-related hotel closures continued, with revenue from the hotel-related business down 63.4% year on year and a loss of ¥1,712 million. Performance deteriorated further from the previous quarter’s 62.0% revenue decline and ¥1,327 million loss. - FY2021-Q2WorsenedAnnual report
「In the hotel-related business segment, some hotels were forced to close from April through June due to the impact of the COVID-19 pandemic. Revenue was ¥2,143 million, down 62.0% year on year, and the hotel-related business reported a loss of ¥1,327 million, compared with profit of ¥424 million in the same period of the previous year.」
Some hotels were closed from April through June due to COVID-19, and performance deteriorated from higher revenue and profit in the same period of the previous year to a 62.0% revenue decline and a loss of ¥1,327 million. - FY2021-Q1SoftenedAnnual report
「In the hotel-related business segment, partly due to the spread of COVID-19, revenue was ¥1,971 million, down 32.2% year on year, and the hotel-related business reported a loss of ¥286 million, compared with profit of ¥298 million in the same period of the previous year.」
Due to the spread of COVID-19, the hotel-related business reported lower revenue and changed from profit in the same period of the previous year to a loss. - FY2020SoftenedAnnual report
「In the hotel-related business segment, the accommodation business remained solid, but difficulties in the banquet business had a slight impact. Revenue from the hotel-related business was ¥11,918 million, down 1.9% year on year, and profit from the hotel-related business was ¥1,266 million, down 3.8%. In addition, as the spread of COVID-19 led both overseas and domestic travelers to refrain from travel, visitor numbers fell sharply.」
Although the accommodation business remained solid, the banquet business struggled, resulting in lower revenue and profit in the hotel-related business. Visitor numbers also fell sharply due to the spread of COVID-19. - FY2020-Q3RestatedAnnual report
「In the hotel-related business segment, the accommodation business remained relatively solid, with revenue of ¥9,196 million, down 0.1% year on year, and profit from the hotel-related business of ¥1,107 million, up 5.0%.」
The accommodation business continued to be described as “relatively solid,” with revenue roughly in line with the previous year and profit from the hotel-related business above the previous year’s level. - FY2020-Q2SoftenedAnnual report
「In the hotel-related business segment, the accommodation business remained relatively solid. Revenue was ¥5,639 million, down 0.2% year on year, while profit from the hotel-related business was ¥424 million, up 12.0%.」
The accommodation business was described as “relatively solid,” but revenue changed from an increase in the previous quarter to a slight decline. Meanwhile, profit from the hotel-related business increased year on year. - FY2020-Q1RestatedAnnual report
「In the hotel-related business segment, the accommodation business remained solid, with revenue of ¥2,907 million, up 0.9% year on year, and profit from the hotel-related business of ¥298 million, up 24.6%.」
The continued solid performance of the accommodation business was reconfirmed. There was no mention of the banquet business this time, and the hotel-related business reported higher revenue and profit. - FY2019SoftenedAnnual report
「In the hotel-related business segment, the accommodation business remained solid, but some hotels were affected by the Hokkaido Eastern Iburi Earthquake that occurred in September 2018, resulting in a slight year-on-year decline.」
Although the accommodation business remained solid, some hotels were affected by the Hokkaido Eastern Iburi Earthquake, resulting in lower revenue and profit in the hotel-related business. - FY2019-Q3SoftenedAnnual report
「In the hotel-related business, the accommodation business remained firm, but the impact of the Hokkaido Eastern Iburi Earthquake in September resulted in revenue of ¥9,202 million, down 2.1% year on year, and hotel-related business profit of ¥1,054 million, down 6.0%.」
Although the accommodation business remained firm, the Hokkaido Eastern Iburi Earthquake resulted in lower revenue and profit in the hotel-related business. - FY2019-Q2RestatedAnnual report
「In the hotel-related business, the accommodation business and other divisions all remained firm. Revenue was ¥5,649 million, up 1.7% year on year.」
Whereas the previous quarter described the accommodation business as firm, this time the firm performance of all divisions, including those other than accommodation, was described. The hotel-related business reported higher revenue and profit. - FY2019-Q1RestatedAnnual report
「In the hotel-related business, the accommodation business remained firm. Revenue was ¥2,881 million, up 1.1% year on year, and hotel-related business profit was ¥239 million, up 22.1%.」
The accommodation business remained firm, resulting in higher revenue and profit in the hotel-related business. There was no mention of the banquet business. - FY2018SoftenedAnnual report
「In the hotel-related business, the accommodation business remained firm at all hotels. In the banquet business, general banquets remained at approximately the previous year's level, while weddings declined year on year.」
The accommodation business remained firm, but the banquet business's recovery trend weakened as weddings declined, resulting in lower revenue and profit in the hotel-related business. - FY2018-Q2SoftenedAnnual report
「In the hotel-related business, the accommodation business remained firm but could not offset the decline in weddings in the banquet business, resulting in revenue of ¥5,553 million, down 3.0% year on year. Hotel-related business profit was ¥248 million, down 32.8%, as investment in facility renewals, repairs and other work proceeded as initially planned.」
The accommodation business remained firm, but revenue declined as the banquet business could not offset the decrease in weddings. Hotel-related business profit also declined due to the burden of facility renewal investment, repairs and other expenses. - FY2018-Q1SoftenedAnnual report
「In the hotel-related business, growth in the accommodation business slowed slightly from the previous year, resulting in revenue of ¥2,848 million, down 2.4% year on year. Profit was ¥196 million, down 33.0% year on year, partly due to increased investment in facility renewals, repairs and other items.」
The description changed from the accommodation business being strong and firm to slower growth and lower revenue and profit. There was no mention of the banquet business. - FY2017RestatedAnnual report
「In the hotel-related business, there was little decline in tourist traffic from Japan and overseas, and the accommodation business remained firm at all hotels. The banquet business began showing signs of recovery from the end of the previous fiscal year, and both weddings and general banquets delivered solid growth in results.」
The accommodation business remained firm, while the recovery and strength of the banquet business were confirmed for the full year, resulting in higher revenue and profit in the hotel-related business. - FY2017-Q3RestatedAnnual report
「In the hotel-related business, the accommodation business remained firm and the banquet business was also on an upward trend. Revenue was ¥9,713 million, up 2.7% year on year, and hotel-related business profit was ¥1,239 million, up 9.7%.」
The accommodation business remained firm and the banquet business continued to improve, resulting in higher revenue and profit in the hotel-related business. - FY2017-Q2RestatedAnnual report
「In the hotel-related business, growth in inbound foreign visitors and a recovery in domestic demand kept the accommodation business firm. The banquet business, which had shown signs of recovery since the end of the previous year, also shifted to an upward trend this year, resulting in revenue of ¥5,727 million, up 5.6% year on year.」
The accommodation business remained firm, while the banquet business shifted to an upward trend. - FY2017-Q1First statedAnnual report
「In the hotel-related business, the accommodation business remained strong, as it had in the previous year, and the banquet business was also on an upward trend. Revenue was ¥2,919 million, up 7.0% year on year, and hotel-related business profit was ¥293 million, up 78.4%.」
The accommodation business remained strong, while the banquet business improved.