Attracting Domestic and International Tourism Demand to Yokohama, Developing New Initiatives and Upgrading the Fleet
First written in FY2016. 8 of 28 entries say "Softened", first in FY2018-Q3. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「In the Yokohama Port sightseeing vessel business, the restaurant vessel Marine Rouge performed steadily throughout the year, and revenue increased partly because the Yamashita Park Sea Bass terminal reopened after renovation in August.」
In addition to steady use of the restaurant vessel, the reopening of the Yamashita Park Sea Bass terminal in August advanced demand capture in the Yokohama Port sightseeing vessel business. - FY2024AdvancedAnnual report
「In the passenger vessel business, although the Yokohama Port sightseeing vessel business was affected by the closure for renovation work at the Yamashita Park terminal, passenger numbers on the restaurant vessel Marine Rouge increased, and revenue reached a record high.」
Despite the continued closure of the Yamashita Park terminal, higher passenger numbers on the restaurant vessel Marine Rouge drove revenue in the Yokohama Port sightseeing vessel business to a record high. - FY2024-Q3AdvancedAnnual report
「In the passenger vessel business, the Yokohama Port sightseeing vessel business benefited from the easing of COVID-19, with passenger numbers on restaurant vessels increasing and new event cruises outside regular routes well received, resulting in a substantial increase in revenue.」
At Yokohama Port sightseeing vessels, passenger numbers on restaurant vessels increased and new event cruises outside regular routes were well received. Capturing demand through new initiatives is driving a substantial increase in revenue. - FY2024-Q1AdvancedAnnual report
「In the Yokohama Port sightseeing vessel business, passenger numbers increased as restrictions on the treatment of COVID-19 were eased, and new event cruises outside regular routes were well received, resulting in higher revenue.」
At Yokohama Port sightseeing vessels, passenger numbers increased, and new event cruises outside regular routes were well received, indicating progress in capturing demand through new initiatives. - FY2023MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, tourist numbers increased as a rebound from the previous fiscal year’s weakness caused by requests to refrain from going out, resulting in higher revenue, but the temporary closure associated with renovation work at the Yamashita Park terminal was a negative factor. In addition, bad weather during the peak tourism demand periods of the Bon holiday in August and Silver Week from mid-September kept passenger numbers low.」
Tourist numbers increased and revenue rose as a rebound from requests to refrain from going out, but the temporary closure of the terminal and bad weather prevented a full recovery in demand. - FY2023-Q3MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, tourist numbers increased as a rebound from the previous fiscal year’s weakness caused by requests to refrain from going out, resulting in higher revenue, but the temporary closure associated with the renovation of the Yamashita Park terminal was a negative factor. In addition, bad weather during the peak tourism demand periods of the Bon holiday in August and Silver Week from mid-September kept passenger numbers low.」
Demand partially recovered from the year-earlier period as tourist numbers increased and revenue rose as a rebound from requests to refrain from going out. However, the temporary closure of the terminal and bad weather prevented a recovery to pre-pandemic levels. - FY2023-Q2MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, tourist numbers increased as a rebound from the previous fiscal year’s weakness caused by requests to refrain from going out, resulting in higher revenue, but the temporary closure associated with the renovation of the Yamashita Park terminal was a negative factor. In addition, bad weather during the peak tourism demand periods of the Bon holiday in August and Silver Week from mid-September kept passenger numbers low.」
Tourist numbers increased and revenue rose as a rebound from requests to refrain from going out, but demand did not recover to pre-pandemic levels due to the temporary closure of the terminal and bad weather during the peak tourism demand period. - FY2023-Q1MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, tourist numbers increased as a rebound from the previous fiscal year’s weakness caused by requests to refrain from going out, resulting in higher revenue, but the temporary closure associated with the renovation of the Yamashita Park terminal was a negative factor.」
Tourist numbers at Yokohama Port sightseeing vessels increased as a rebound from requests to refrain from going out, resulting in higher revenue, but the temporary closure associated with the renovation of the Yamashita Park terminal was a factor reducing revenue. - FY2022MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, the business remained weak due to prolonged requests to refrain from going out following the quasi-emergency measures effective from 25 April, but passenger numbers gradually returned from November, resulting in higher revenue than in the previous fiscal year, which was heavily affected by COVID-19.」
Passenger numbers at Yokohama Port sightseeing vessels gradually returned from November, resulting in higher year-on-year revenue. However, the weakness caused by prolonged requests to refrain from going out remains. - FY2022-Q3MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, the business remained weak due to prolonged requests to refrain from going out following the quasi-emergency measures effective from 25 April, but passenger numbers gradually returned from November, resulting in higher revenue than in the year-earlier period, which was heavily affected by COVID-19.」
Passenger numbers at Yokohama Port sightseeing vessels gradually returned from November, resulting in higher year-on-year revenue. However, the impact of prolonged requests to refrain from going out remains. - FY2022-Q1MitigatedAnnual report
「In the Yokohama Port sightseeing vessel business, the first quarter of the previous fiscal year was forced to absorb a decline in revenue of more than 70% after Golden Week was severely impacted by the state of emergency declared in April. In the current fiscal year, the business has remained weak due to prolonged requests to refrain from going out under the quasi-emergency measures effective from 25 April, but revenue increased from the year-earlier period.」
The Yokohama Port sightseeing vessel business remained affected by weak demand, but improved from the more than 70% decline in revenue in the year-earlier period and recorded higher year-on-year revenue. - FY2021AdvancedAnnual report
「We will work to rebuild the Group’s 2 passenger vessel business companies hit by COVID-19, namely the Yokohama Port sightseeing vessel business and the car ferry linking Kurihama and Kanaya (the Yokohama Port sightseeing vessel Marine Shuttle was retired in February 2021).」
The Yokohama Port sightseeing vessel Marine Shuttle was retired in February 2021, providing a concrete example of the review of the passenger vessel business fleet. - FY2021-Q3RestatedAnnual report
「Meanwhile, in the passenger vessel business, the summer demand season remained severely depressed as the spread of COVID-19 coincided with unsettled weather. Although the GO TO campaign began to have an effect in September, it was not enough to make up for the substantial decline in revenue in the first quarter.」
In the passenger vessel business, including Yokohama Port sightseeing vessels, the GO TO campaign began to have an effect, but conditions remained insufficient to offset weak summer demand and the substantial decline in revenue in the first quarter. - FY2021-Q2SoftenedAnnual report
「In the Yokohama Port sightseeing vessel business, all sightseeing vessels were suspended from April to avoid the spread of COVID-19, but operations resumed from 25 May, except for some vessels. During the peak summer demand season, passenger numbers did not increase due to concerns about the risk of infection on board. Although the government’s GO TO campaign began to have an effect in September, passenger numbers did not fully recover, resulting in a substantial decline in revenue.」
Although sightseeing vessel operations partially resumed, passenger numbers did not increase even during the peak summer demand season, and the GO TO campaign was not enough to bring about a full recovery. - FY2021-Q1SoftenedAnnual report
「In the Yokohama Port sightseeing vessel business, all sightseeing vessels were suspended from April to avoid the spread of COVID-19, but operations resumed from 25 May, except for some vessels. However, demand for sightseeing vessels did not recover due to the government’s state of emergency declaration and requests from local governments to refrain from going out, resulting in a substantial decline in revenue.」
Yokohama Port sightseeing vessels were suspended from April and partially resumed operations from 25 May, but passenger demand did not recover, resulting in a substantial decline in revenue. - FY2020ReframedAnnual report
「To support the recovery of the tourism business, we will continue developing a new fleet as the marine infrastructure of Minato Yokohama, where port redevelopment is under way, and provide water-based mobility, thereby contributing to amenities for residents and tourists.」
The Yokohama Port sightseeing vessel business is being repositioned not only to capture tourism demand, but also as marine infrastructure and water-based mobility supporting port redevelopment. - FY2020-Q3SoftenedAnnual report
「In the Yokohama Port sightseeing vessel business, passenger numbers increased during Golden Week, which formed a 10-day holiday in the first quarter, resulting in higher revenue, but revenue declined due to unsettled weather in July, damage to 2 water buses caused by Typhoon No. 15 in September, and weak Christmas cruises.」
Although revenue increased on higher passenger numbers during Golden Week, the Yokohama Port sightseeing vessel business recorded lower revenue due to unsettled weather, damage to 2 water buses caused by Typhoon No. 15, and weak Christmas cruises. - FY2020-Q2SoftenedAnnual report
「In the passenger vessel business, passenger numbers in the Yokohama Port sightseeing vessel business increased during Golden Week, which formed a 10-day holiday in the first quarter, resulting in higher revenue, but revenue declined due to unsettled weather in July and damage to 2 water buses caused by Typhoon No. 15 in September.」
Passenger numbers increased during the 10-day Golden Week holiday, but the sightseeing vessel business recorded lower revenue due to unsettled weather in July and damage to 2 water buses caused by Typhoon No. 15. - FY2020-Q1Revenue from holiday demand, but overall results were broadly flatAnnual report
「In the Yokohama Port sightseeing vessel business, passenger numbers increased during Golden Week, which formed a 10-day holiday in the first quarter, resulting in higher revenue, but lower revenue from water buses weighed on results, leaving the overall figure broadly flat.」
Passenger numbers and revenue from sightseeing vessels increased during the 10-day Golden Week holiday, but lower revenue from water buses left revenue for the sightseeing vessel business as a whole broadly flat. - FY2019RestatedAnnual report
「In the passenger vessel business, passenger numbers in the Yokohama Port sightseeing vessel business remained low due to unstable weather in the first half, but stable weather continued from early autumn, and the core restaurant vessel recorded higher revenue.」
In the Yokohama Port sightseeing vessel business, the core restaurant vessel recorded higher revenue against a backdrop of stable weather from early autumn after passenger numbers remained low in the first half. - FY2019-Q3Higher revenue from the core restaurant vesselAnnual report
「With stable weather continuing into the third quarter, the core restaurant vessel recorded higher revenue.」
In the Yokohama Port sightseeing vessel business, the core restaurant vessel recorded higher revenue against a backdrop of stable weather in the third quarter, partially recovering from the low passenger numbers through the previous quarter. - FY2019-Q2SoftenedAnnual report
「In the passenger vessel business, the Yokohama Port sightseeing vessel business benefited from favorable weather in the first quarter, but passenger numbers remained low from summer onward due to successive typhoons and unstable weather, resulting in lower revenue.」
In the Yokohama Port sightseeing vessel business, passenger numbers remained low due to typhoons and unstable weather from summer onward following favorable weather in the first quarter, resulting in lower revenue. - FY2019-Q1SoftenedAnnual report
「In the Yokohama Port sightseeing vessel business, although weather conditions were favorable throughout the first quarter, cruise vessel passenger numbers remained low and revenue declined,」
Although weather conditions were favorable, cruise vessel passenger numbers remained low, resulting in lower revenue in the Yokohama Port sightseeing vessel business. This indicates weak tourism demand for reasons other than weather. - FY2018SoftenedAnnual report
「In the passenger vessel business, the Yokohama Port sightseeing vessel business benefited from favorable weather during Golden Week and recorded higher revenue in early spring, but revenue declined due to unsettled summer weather, typhoons and weak Christmas cruises.」
The Yokohama Port sightseeing vessel business recorded higher revenue in early spring, but revenue declined for the fiscal year due to unsettled summer weather, typhoons and weak Christmas cruises. - FY2018-Q3SoftenedAnnual report
「Within the passenger vessel business, the Yokohama Port sightseeing vessel business benefited from favorable weather during Golden Week and recorded higher revenue in early spring, but revenue declined due to unsettled summer weather, typhoons and weak Christmas cruises.」
The Yokohama Port sightseeing vessel business recorded higher revenue in early spring, but revenue declined overall due to unsettled summer weather, typhoons and weak Christmas cruises. - FY2018-Q2Revenue growth during periods of favorable weather and the impact of summer weatherAnnual report
「Within the passenger vessel business, the Yokohama Port sightseeing vessel business benefited from favorable weather during Golden Week and recorded higher revenue, but sightseeing cruises declined after entering the second quarter due to the impact of unsettled weather in August and typhoons.」
At the Yokohama Port sightseeing vessel business, revenue increased on favorable weather during Golden Week, but sightseeing cruises declined due to unsettled weather and typhoons in August, reflecting seasonal fluctuations in tourism demand. - FY2017RestatedAnnual report
「Christmas cruises and various year-end and New Year events performed steadily, but were not enough to make up for the decline in the first half.」
The company explained that, although seasonal events at the Yokohama Port sightseeing vessel business performed steadily, they were not enough to fully recover the decline caused by bad weather in the first half. - FY2016First statedAnnual report
「(Sightseeing vessel business) Strengthening sales to capture domestic and international tourism demand in Yokohama and developing a new fleet」
In the sightseeing vessel business, the company aims to increase its customer base and revenue by combining sales initiatives centered on new offerings, the capture of domestic and international tourism demand, and the development of a new fleet.