Komori
Meiji Shipping Group (9115) · RiskReframed

Risk of declining customer numbers due to natural disasters, international conflicts, terrorism and infectious diseases

First written in FY2017. 8 of 22 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2026.

22entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018WorsenedFY2019-Q3 – FY2022MitigatedFY2023-Q1 – FY2025-H1ReframedFY2025 – FY20262017: 120172018: 120182019: 220192020: 320202021: 320212022: 420222023: 420232024: 220242025: 120252026: 12026
Same theme, other companies

Meiji Shipping Group moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).

The whole theme swung hardest in 2020: 9 of 16 companies on the "Worse" side.

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

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.
Showing 14 of the 21 companies compared. The sentences above are computed from all 21.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「The Group's buildings and leisure facilities may be affected by natural disasters such as earthquakes and typhoons, infectious diseases, and overseas conditions arising from international conflicts and terrorism.」

    The disclosure continued to organize natural disasters, infectious diseases and overseas conditions as an integrated set of risks. The issues to be addressed also explicitly identified the risk of fluctuations in inbound demand by country and region.
  2. FY2025ReframedAnnual report

    「The Group's buildings and leisure facilities may be affected by natural disasters such as earthquakes and typhoons, infectious diseases, and overseas conditions arising from international conflicts and terrorism.」

    The disclosure was revised to organize natural disasters, infectious diseases and overseas conditions as an integrated set of risks. For the novel coronavirus, employee safety, hygiene management and business continuity systems were also described.
  3. FY2025-H1MitigatedAnnual report

    「In the hotel-related business, the accommodation division further improved its performance from the previous year, when it began to recover from the COVID-19 pandemic, as domestic individual travelers and inbound visitors increased sharply. Revenue was ¥4,121 million, up 12.8% from the previous interim consolidated fiscal period.」

    Hotel accommodation demand recovered further as domestic individual travelers and inbound visitors increased sharply. However, the hotel business recorded a loss due to higher costs.
  4. FY2024MitigatedAnnual 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.」

    The impact of infectious diseases on customer numbers and hotel performance eased, and the hotel-related business returned to profitability for the first time in 4 periods as domestic and international travel demand recovered.
  5. 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.」

    Although the impact of the novel coronavirus on customer numbers and hotel performance remains, revenue increased 58.8% year on year and the loss narrowed from ¥720 million to ¥100 million.
  6. 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.」

    Although the impact of the novel coronavirus on customer numbers and hotel performance remains, the hotel-related business entered a recovery trend and the loss narrowed from ¥520 million to ¥63 million.
  7. FY2023MitigatedAnnual report

    「In the hotel-related business, domestic customers have finally begun to recover from the effects of the COVID-19 pandemic, while international customers are also gradually increasing, and demand is expanding substantially.」

    Although the risk of declining customer numbers due to infectious diseases remains, the impact shifted toward mitigation as domestic and international customer numbers increased and demand expanded.
  8. 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 risk of declining customer numbers due to infectious diseases remains, revenue from the hotel business increased 106.7% year on year and the loss narrowed from ¥1,717 million to ¥531 million.
  9. 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 infectious diseases on customer numbers and hotel performance remains, hotel revenue increased 107.9% year on year and the loss narrowed from ¥1,338 million to ¥720 million.
  10. 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 the novel coronavirus on customer numbers and hotel performance remains, revenue increased 47.6% year on year and the loss narrowed from ¥628 million to ¥520 million.
  11. 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 risk of declining customer numbers due to infectious diseases continued throughout the year and materialized as a wider revenue decline and increased losses in the hotel-related business.
  12. 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 risk of declining customer numbers due to the spread of the novel coronavirus continued to materialize through a 36.4% decline in revenue from the hotel-related business and increased losses.
  13. 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 risk of declining customer numbers due to the spread of the novel coronavirus continued to materialize through declines in accommodation and food-and-beverage customers, a 48.3% decline in revenue and a loss of ¥1,338 million.
  14. 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 risk of declining customer numbers due to the spread of the novel coronavirus materialized further as revenue from the hotel-related business fell 69.4% and losses increased.
  15. 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 risk of declining customer numbers due to the spread of the novel coronavirus materialized further as some hotels closed, revenue fell 63.4%, and a loss of ¥1,712 million was recorded.
  16. 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.」

    The risk of declining customer numbers due to natural disasters and infectious diseases materialized further as some hotels closed, revenue fell 62.0%, and a loss of ¥1,327 million was recorded.
  17. FY2021-Q1WorsenedAnnual 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.」

    The risk of declining customer numbers due to the spread of the novel coronavirus materialized again this quarter as a 32.2% decline in hotel business revenue and a shift from profit to loss.
  18. FY2020MaterialisedAnnual report

    「Regarding the spread of the novel coronavirus, which became apparent after the beginning of 2020, we are establishing systems to continue operations while working to ensure employee safety and thorough hygiene management. If the spread continues for an extended period, the number of travelers, customers and other facility users could decline, potentially affecting the Group's business.」

    The previously identified risk of declining customer numbers due to natural disasters and infectious diseases materialized in the spread of the novel coronavirus, resulting in a substantial decline in hotel guests.
  19. FY2019MaterialisedAnnual 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.」

    Regarding the risk of natural disasters affecting customer numbers and business performance, the Hokkaido Eastern Iburi Earthquake was also identified for the full year as an actual cause of lower hotel revenue and profit.
  20. FY2019-Q3MaterialisedAnnual 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%.」

    Regarding the risk of natural disasters affecting customer numbers and business performance, the Hokkaido Eastern Iburi Earthquake was identified as an actual cause of lower hotel revenue and profit.
  21. FY2018RestatedAnnual report

    「At the Group's buildings and leisure facilities, natural disasters such as earthquakes and typhoons, as well as uncontrollable events such as international conflicts, terrorism and infectious diseases, could reduce the number of travelers and customers and affect business performance.」

    The risk of declining customer numbers at hotels and leisure facilities due to natural disasters, international conflicts, terrorism and infectious diseases continued to be disclosed.
  22. FY2017First statedAnnual report

    「At the Group's buildings and leisure facilities, natural disasters such as earthquakes and typhoons, as well as uncontrollable events such as international conflicts, terrorism and infectious diseases, could reduce the number of travelers and customers and affect business performance.」

    The company describes the possibility of declining traveler and customer numbers at its hotels and leisure facilities due to natural disasters, international conditions, terrorism and infectious diseases.
Moved together

"Lodging remains strong as the banquet division improves" moved the same way as this thread, in the same document, in 19 of its 22 moves.

19119999★123456
  1. ★This thread
  2. 1Lodging remains strong as the banquet division improves19×
  3. 2Plan to build vessels with a capacity of 686,000 tons (scheduled for completion in September 2018)11×
  4. 3Overall Revenue Growth and Operating Profit Growth9×
  5. 4Solid revenue and profit growth in the real estate leasing business9×
  6. 5Impairment Losses Associated with the Decision to Sell Vessels9×
  7. 6Decline in Ordinary Profit and Quarterly Net Income Attributable to Owners of the Parent9×

★ 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
Meiji Shipping Group's next results are scheduled for 2026-10-28. Read the earnings preview
News
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