Capturing Tourism Demand Through Partnerships with Local Governments and Building a New Fleet
First written in FY2016. 14 of 31 entries say "Softened", first in FY2018-Q3. Latest entry: FY2024.
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- FY2024SoftenedAnnual report
「Meanwhile, in the car ferry business linking Kurihama and Kanaya, cancellations due to bad weather during Golden Week and the Bon holiday period, as well as strong winds in winter, were a blow. In addition, amid ongoing inflation and persistently high gasoline prices, the number of tour bus groups and passengers using private cars declined, leaving revenue at approximately the same level as in the previous period.」
Bad weather and strong winds caused cancellations, while inflation and persistently high gasoline prices reduced the number of group passengers and passengers using private cars, leaving the business still weak in capturing tourism demand. - FY2024-Q3SoftenedAnnual report
「Meanwhile, in the car ferry business linking Kurihama and Kanaya, cancellations due to bad weather during Golden Week and the Bon holiday period, as well as strong winds in winter, were a blow. In addition, amid ongoing inflation and persistently high gasoline prices, the number of tour bus groups and passengers using private cars declined, leaving revenue at approximately the same level as in the year-earlier period.」
In the car ferry business, in addition to cancellations caused by bad weather and strong winds, inflation and persistently high gasoline prices reduced the number of group passengers and passengers using private cars, leaving the business still weak in capturing tourism demand. - FY2024-Q2SoftenedAnnual report
「Meanwhile, in the car ferry business linking Kurihama and Kanaya, bad weather during Golden Week and the Bon holiday period kept passenger numbers low. In addition, amid ongoing inflation and persistently high gasoline prices, the number of tour bus groups and passengers using private cars declined, leaving revenue at approximately the same level as in the year-earlier period.」
Compared with the previous quarter, when the recovery trend among group passengers was noted, bad weather during Golden Week and the Bon holiday period, inflation and persistently high gasoline prices reduced the number of tour bus groups and passengers using private cars, leaving revenue at approximately the same level as in the year-earlier period. - FY2024-Q1Recovery in group passengers alongside declining demand from private-car usersAnnual report
「Similarly, in the car ferry business linking Kurihama and Kanaya, group passenger numbers showed signs of recovery, but passenger numbers using private cars declined, apparently due to persistently high gasoline prices, and revenue remained at approximately the same level as in the year-earlier period.」
Group passenger numbers on the car ferry showed signs of recovery, but persistently high gasoline prices reduced the number of passengers using private cars, leaving revenue at approximately the same level as in the year-earlier period. - FY2023MitigatedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, revenue increased because of the rebound from self-restraint measures in the previous fiscal year and the effect of fare increases from April. However, in addition to unfavorable weather, the surge in gasoline prices dampened demand from passengers using private cars.」
The car ferry segment generated higher revenue because of the rebound from self-restraint measures in the previous fiscal year and fare revisions, partially easing weak demand. However, the effects of unfavorable weather and soaring gasoline prices remain. - FY2023-Q3MitigatedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, revenue increased because of the rebound from self-restraint measures in the previous fiscal year and the effect of fare increases from April. However, in addition to unfavorable weather, the surge in gasoline prices dampened demand from passengers using private cars.」
Revenue increased because of the rebound after the lifting of self-restraint measures and fare increases from April, but unfavorable weather and soaring gasoline prices are suppressing demand from passengers using private cars. - FY2023-Q2MitigatedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, revenue increased because of the rebound from self-restraint measures in the previous fiscal year and the effect of fare increases from April. However, in addition to unfavorable weather, the surge in gasoline prices dampened demand from passengers using private cars.」
Revenue increased because of the rebound after the lifting of self-restraint measures and fare increases from April, partially easing the weakness in demand from the previous fiscal year. However, unfavorable weather and soaring gasoline prices are suppressing passenger demand. - FY2023-Q1MitigatedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, revenue increased because of the rebound from self-restraint measures in the previous fiscal year and the effect of fare increases from April. However, the surge in gasoline prices dampened demand from passengers using private cars.」
The car ferry segment generated higher revenue because of the rebound after the lifting of self-restraint measures and fare increases from April. However, soaring gasoline prices are suppressing demand from passengers using private cars, and the recovery is uneven. - FY2022MitigatedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, revenue increased as some general passengers began to return from early autumn, following the decline in passenger numbers caused by the state of emergency in the previous fiscal year and the shift to a decline in the spread of infections during the summer. As a result, revenue in the passenger ship business segment increased by ¥207 million to ¥1,605 million, up 14.8% from the previous fiscal year. However, higher fuel and repair costs among operating expenses resulted in an operating loss of ¥555 million, compared with an operating loss of ¥580 million in the previous fiscal year.」
Some general passengers returned, and revenue in the passenger ship business increased 14.8% year on year. Although weak demand and an operating loss remain, a partial recovery from the substantial decline in revenue in the previous fiscal year is progressing. - FY2022-Q3MitigatedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, revenue increased as passenger numbers partially recovered from early autumn, following the decline in passenger numbers caused by the state of emergency in the previous fiscal year and the shift to a decline in the spread of infections during the summer.」
Some general passengers returned to the car ferry, and revenue in the passenger ship business increased 13.2% year on year. Although weak demand remains, a partial recovery from the substantial decline in revenue in the previous fiscal year is progressing. - FY2022-Q1MitigatedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, the previous fiscal year saw a substantial decline in revenue as passenger numbers fell following the state of emergency, in addition to service suspensions during Golden Week and reduced services thereafter. In the current fiscal year, however, revenue increased as some general passengers began to return following the easing of requests for self-restraint.」
Some general passengers began to return, and revenue in the car ferry segment increased 80.6% year on year. Although weak demand continues, the segment is partially recovering from the substantial decline in revenue in the previous fiscal year. - FY2021SoftenedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, use by group passengers on bus tours ceased in April. In addition to service suspensions during Golden Week and reduced services thereafter, general passenger numbers declined substantially because of requests to refrain from going out. General passengers began to return in the third quarter as a result of the government's tourism demand stimulus measures described above, but revenue declined substantially after the start of the year as infections spread again, as in the sightseeing boat business.」
Although general passengers temporarily began to return, the annual result was a substantial decline in revenue because of the suspension of group passenger use, service suspensions and reductions, and the renewed spread of infections. The capture of tourism demand weakened again after the partial recovery reported previously. - FY2021-Q3AdvancedAnnual report
「In the third quarter, the number of golfer passengers was approximately in line with the previous year, while general passengers began to return as a result of the government's tourism demand stimulus measures described above. Conditions improved somewhat, and the decline in revenue began to narrow.」
In the car ferry segment, the number of golfer passengers was approximately in line with the previous year, and general passengers also began to return as a result of tourism demand stimulus measures. The decline in revenue began to narrow, indicating a partial recovery from the deterioration in demand through the previous quarter. - FY2021-Q2SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, use by group passengers on bus tours ceased in April. In addition to service suspensions during Golden Week and reduced services thereafter, the number of general passengers also declined substantially because of requests to refrain from going out, resulting in lower revenue.」
Use by group passengers on bus tours ceased, services were suspended during Golden Week and reduced thereafter, and general passenger numbers continued to decline substantially. The previous policy of capturing tourism demand remains weakened. - FY2021-Q1SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, use by group passengers on bus tours ceased in April. In addition to service suspensions during Golden Week and reduced services thereafter, the number of general passengers also declined substantially because of requests to refrain from going out, resulting in lower revenue.」
In the car ferry segment, group passengers on bus tours and general passengers declined substantially, while services were suspended during Golden Week and reduced thereafter. The external environment for the previous policy of capturing tourism demand continues to deteriorate. - FY2020ReframedAnnual report
「The Company will stimulate new tourism demand after the COVID-19 pandemic subsides through cooperation with local governments. It will also consider developing a new fleet capable of low-cost operations and contribute to the local community as transportation infrastructure linking Kanagawa and Chiba prefectures.」
The Company has reframed its previous policy of capturing tourism demand around stimulating demand after the COVID-19 pandemic subsides and developing a new fleet as regional transportation infrastructure. - FY2020-Q3SoftenedAnnual report
「Similarly, the number of passengers in the car ferry segment linking Kurihama and Kanaya increased during Golden Week, but revenue declined as successive typhoons and torrential rain caused extensive damage throughout Chiba Prefecture. As a result, revenue in the passenger ship business segment declined by ¥151 million to ¥1,873 million, down 7.5% year on year.」
Although passenger numbers increased during Golden Week, the car ferry segment generated lower revenue because of damage throughout Chiba Prefecture caused by typhoons and torrential rain, and revenue in the passenger ship business segment declined 7.5% year on year. - FY2020-Q2SoftenedAnnual report
「Similarly, the number of passengers in the car ferry segment linking Kurihama and Kanaya increased during Golden Week, but revenue declined as a typhoon caused extensive damage throughout Chiba Prefecture.」
Although the number of passengers increased during Golden Week, the car ferry segment generated lower revenue because of extensive typhoon damage throughout Chiba Prefecture, weakening the effect of capturing tourism demand. - FY2020-Q1AdvancedAnnual report
「Similarly, the number of passengers in the car ferry segment linking Kurihama and Kanaya increased during Golden Week, resulting in higher revenue.」
The increase in passengers during Golden Week resulted in higher revenue in the car ferry segment. The disclosure indicates concrete improvement in the capture of tourism demand. - FY2019SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, the number of passengers increased as weather stabilized from early autumn. However, revenue declined because the impact of bad weather in the first half and the decline in group passengers on bus tours, which had been strong in the previous year, weighed on results, compounded by cancellations caused by strong winds in February.」
The increase in passengers from early autumn was insufficient to offset bad weather in the first half, the decline in group passengers on bus tours and cancellations caused by strong winds in February, resulting in lower revenue in the car ferry segment. Weakness in capturing tourism demand continues. - FY2019-Q3SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, the number of passengers increased in stable weather from early autumn, but revenue declined because this was insufficient to offset the impact of bad weather through the second quarter and the decline in group passengers on bus tours, which had been strong in the previous fiscal year.」
Although the number of passengers increased as weather stabilized from early autumn, the car ferry segment generated lower revenue because this did not offset the impact of bad weather and the decline in group passengers on bus tours. Weakness in capturing tourism demand continues. - FY2019-Q2SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, revenue declined because of the impact of bad weather and weakening use by group passengers on bus tours, which had been strong in the previous fiscal year. As a result, revenue in the passenger ship business segment declined by ¥62 million to ¥1,343 million, down 4.4% year on year.」
In addition to bad weather, use by group passengers on bus tours, which had been strong in the previous fiscal year, also began to weaken, resulting in a 4.4% year-on-year decline in passenger ship business revenue. The capture of tourism demand has weakened further. - FY2019-Q1SoftenedAnnual report
「The car ferry segment linking Kurihama and Kanaya generated lower revenue as use by group passengers on bus tours, which had been strong in the previous fiscal year, began to weaken.」
Use by group passengers on bus tours, which had been strong in the previous fiscal year, began to weaken, resulting in lower revenue in the car ferry segment. The capture of tourism demand is weakening. - FY2018SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, the customer-attraction effect of Nomizo no Taki, which had drawn attention as a tourism destination from early autumn of the previous fiscal year, weakened after year-end. Use by group passengers on bus tours declined, and repeated cancellations caused by strong winds in January also resulted in lower revenue.」
The effect of tourism demand generated by Nomizo no Taki weakened, and use by group passengers on bus tours also declined, resulting in lower revenue in the car ferry segment. Progress in capturing tourism demand has weakened. - FY2018-Q3SoftenedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, Nomizo no Taki attracted attention as a tourism destination from early autumn of the previous fiscal year, but its effect began to fade from early autumn of the current fiscal year. The number of group passengers on bus tours declined, and revenue remained approximately flat.」
The boost to tourism demand originating from Nomizo no Taki seen in the previous fiscal year began to fade, and the number of group passengers on bus tours declined. Car ferry revenue remained approximately flat. - FY2018-Q2AdvancedAnnual report
「The car ferry segment linking Kurihama and Kanaya generated higher revenue as the number of group passengers on bus tours increased, although the cancellation rate rose because of severe weather.」
Although the cancellation rate rose because of severe weather, the increase in group passengers on bus tours resulted in higher revenue in the car ferry segment, indicating progress in capturing tourism demand. - FY2017AdvancedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, revenue declined because of unfavorable weather during the first half. From early autumn, however, the Chiba tourism destination Nomizo no Taki attracted attention, and the number of bus tour passengers increased, bringing revenue back to approximately the previous fiscal year's level.」
The number of bus tour passengers showed an upward trend as the tourism destination attracted attention, and revenue in the car ferry segment recovered to approximately the previous fiscal year's level. The disclosure indicates concrete progress in capturing tourism demand. - FY2017-Q3RestatedAnnual report
「In the car ferry segment linking Kurihama and Kanaya, the Chiba tourism destination Nomizo no Taki attracted attention from early autumn, and the number of bus tour passengers showed an upward trend. However, revenue declined because sales remained weak owing to unfavorable weather during the first half.」
Although the tourism destination attracted attention and the number of bus tour passengers showed an upward trend, weak sales caused by unfavorable weather during the first half persisted. Capturing tourism demand remains an ongoing challenge. - FY2017-Q2RestatedAnnual report
「Operating profit was ¥58 million, down 55.3% year on year, as lower revenue outweighed the reduction in fuel costs resulting from lower fuel oil prices and weekday service reductions in the car ferry segment.」
The car ferry segment continues to implement weekday service reductions as a low-cost operating measure to reduce fuel costs. - FY2017-Q1AdvancedAnnual report
「The car ferry segment linking Kurihama and Kanaya also saw lower revenue because cancellations caused by strong winds during the period weighed on results. Although fuel costs declined because fuel oil prices fell and weekday services were reduced, profit still declined.」
The car ferry segment implemented weekday service reductions as a specific low-cost operating measure to reduce fuel costs. However, the passenger ship business saw lower profit because of cancellations caused by strong winds and other factors. - FY2016First statedAnnual report
「(Car ferry segment) Capturing new tourism demand through cooperation with local governments and developing a new fleet to enable low-cost operations」
The car ferry segment aims to achieve low-cost operations and expand revenue through cooperation with local governments, capturing new tourism demand and developing a new fleet.