Declining revenue and losses in the concession and cafeteria businesses due to sluggish use by group travelers
First written in FY2017-Q1. 15 of 32 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2025-H1.
No other company in this theme has enough history to compare yet.
- FY2025-H1WorsenedAnnual report
「Shop and restaurant operations remained weak due to the impact of the suspension of car ferry services. Revenue in the shop and restaurant operations segment decreased by ¥6 million to ¥262 million, down 2.4% year on year, and the business recorded an operating loss of ¥6 million, compared with an operating loss of ¥2 million in the same period of the previous year.」
The suspension of car ferry services also affected shop and restaurant operations. Revenue fell 2.4% year on year, and the operating loss widened from ¥2 million to ¥6 million. In addition to weak group-tourist demand, accidents involving related vessels and service suspensions further reduced earnings. - FY2024MitigatedAnnual report
「In shop and restaurant operations, despite a temporary rebound in demand following the containment of COVID-19, group-tourist demand remained weak, as in the car ferry business, preventing a full-fledged recovery. As a result, revenue in the shop and restaurant operations segment increased by ¥34 million to ¥563 million, up 6.6% from the previous period, and the operating loss was ¥5 million, compared with an operating loss of ¥10 million in the previous period.」
Although weak group-tourist demand continued, rebound demand and price increases generated higher revenue, while the operating loss narrowed from ¥10 million to ¥5 million. - FY2024-Q3MitigatedAnnual report
「In shop and restaurant operations, despite a temporary rebound in demand following the containment of COVID-19, group-tourist demand remained weak, as in the car ferry business, preventing a full-fledged recovery. As a result, revenue increased by ¥31 million to ¥434 million, up 7.8% year on year, and the business recorded an operating loss of ¥3 million, compared with an operating loss of ¥7 million in the same period of the previous year.」
Although weak group-tourist demand continued and a full-fledged recovery was not achieved, revenue rose 7.8% year on year and the operating loss narrowed from ¥7 million to ¥3 million, easing the impact. - FY2024-Q2MitigatedAnnual report
「In shop and restaurant operations, despite a temporary rebound in demand following the containment of COVID-19, group-tourist demand remained weak, as in the car ferry business, preventing a full-fledged recovery. As a result, revenue increased by ¥25 million to ¥269 million, up 10.4% year on year, and the business recorded an operating loss of ¥2 million, compared with an operating loss of ¥6 million in the same period of the previous year.」
Although weak group-tourist demand continued and a full-fledged recovery was not achieved, revenue rose 10.4% year on year due to rebound demand, while the operating loss narrowed from ¥6 million to ¥2 million. - FY2024-Q1MitigatedAnnual report
「In shop and restaurant operations, revenue increased as the easing of COVID-19 restrictions led to an increase in group-tourist demand using sightseeing buses. As a result, revenue in the shop and restaurant operations segment increased by ¥13 million to ¥139 million, up 10.8% year on year, and operating income was ¥1 million, compared with operating income of ¥0.7 million in the same period of the previous year.」
Group-tourist demand using sightseeing buses increased, driving revenue growth of 10.8% year on year. Operating income also increased from ¥0.7 million in the same period of the previous year to ¥1 million, further easing the impact of weak group-tourist demand. - FY2023MitigatedAnnual report
「In shop and restaurant operations, the company introduced new menu items, sought to improve service, and raised prices. Traffic also increased in response to the micro-tourism trend, resulting in higher revenue, although it remained below pre-pandemic levels.」
Revenue rose 18.8% year on year against the backdrop of new menu items, price increases, and micro-tourism, while the operating loss narrowed from ¥35 million to ¥10 million. The effects of weak group-tourist demand and other factors remain. - FY2023-Q3MitigatedAnnual report
「In shop and restaurant operations, the company introduced new menu items, sought to improve service, and raised prices. Traffic also increased in response to the micro-tourism trend, resulting in higher revenue, although it remained below pre-pandemic levels.」
Traffic increased due to new menu items, price increases, and micro-tourism. Revenue rose 19.9% year on year, and the operating loss narrowed from ¥26 million to ¥7 million. - FY2023-Q2MitigatedAnnual report
「In shop and restaurant operations, the company introduced new menu items, sought to improve service, and raised prices. Traffic also increased in response to the micro-tourism trend, resulting in higher revenue, although it remained below pre-pandemic levels.」
Traffic increased against the backdrop of new menu items, price increases, and micro-tourism. Revenue rose 26.3% year on year, and the operating loss narrowed from ¥24 million to ¥6 million. The effects of weak group-tourist demand and other factors remain, but results have improved from their worst period. - FY2023-Q1AdvancedAnnual report
「In shop and restaurant operations, the company introduced new menu items, sought to improve service, and raised prices. Traffic also increased in response to the micro-tourism trend, resulting in higher revenue, although it remained below pre-pandemic levels. As a result, revenue in the shop and restaurant operations segment increased by ¥25 million to ¥125 million, up 25.6% year on year, and operating income was ¥0.7 million, compared with an operating loss of ¥10 million in the same period of the previous year.」
Traffic increased against the backdrop of new menu items, price increases, and micro-tourism. Revenue rose 25.6% year on year, and operating results improved from a loss of ¥10 million to income of ¥0.7 million. However, results remained below pre-pandemic levels. - FY2022MitigatedAnnual report
「In shop and restaurant operations, bus-tour group traffic ceased in the previous fiscal year as travel and dining were avoided amid the spread of COVID-19, causing a severe impact, as in the car ferry business. However, traffic, mainly from individual customers, increased in the current fiscal year, allowing the business to move past its worst period and return to revenue growth. As a result, revenue from shop and restaurant operations increased by ¥71 million to ¥444 million, up 19.2% from the previous period, and the operating loss was ¥35 million, compared with an operating loss of ¥68 million in the previous period.」
Although weak group-tourist demand remains, traffic, mainly from individual customers, increased. Revenue rose 19.2% year on year, and the operating loss narrowed from ¥68 million to ¥35 million. - FY2022-Q2MitigatedAnnual report
「In shop and restaurant operations, as travel and dining by groups, which were considered a source of the spread of COVID-19, were avoided in the previous fiscal year, bus-tour group traffic ceased in April, as in the car ferry business, causing a severe impact. However, traffic, mainly from individual customers, increased in the current fiscal year, allowing the business to move past its worst period and return to revenue growth.」
Traffic, mainly from individual customers, increased, generating revenue of ¥193 million, up 25.0% year on year, while the operating loss narrowed from ¥42 million to ¥24 million. Although weak group-tourist demand remains, the company states that the business has passed its worst period. - FY2022-Q1MitigatedAnnual report
「In shop and restaurant operations, bus-tour group traffic ceased in April of the previous fiscal year, as in the car ferry business, causing a severe impact. However, traffic, mainly from individual customers, increased in the current fiscal year, allowing the business to move past its worst period and return to revenue growth.」
Traffic, mainly from individual customers, increased, with revenue up 96.1% year on year and the operating loss narrowing from ¥29 million to ¥10 million. Although weak group-tourist demand remains, the company states that the business has passed its worst period. - FY2021WorsenedAnnual report
「As a result, revenue decreased by ¥270 million to ¥373 million, down 42.0% from the previous period, and the business recorded an operating loss of ¥68 million, compared with an operating loss of ¥39 million in the previous period.」
The cessation of group traffic caused revenue in shop and restaurant operations to decline 42.0% year on year, while the operating loss widened from ¥39 million in the previous period to ¥68 million. - FY2021-Q3WorsenedAnnual report
「In shop and restaurant operations, as travel and dining by groups were avoided amid the spread of COVID-19, bus-tour group traffic ceased in April, as in the car ferry business. The flagship Kanaya Center and the Kurihama Center were both severely affected. As a result, revenue decreased by ¥223 million to ¥287 million, down 43.7% year on year, and the business recorded an operating loss of ¥50 million, compared with an operating loss of ¥22 million in the same period of the previous year.」
The suspension of bus-tour group traffic affected the Kurihama Center as well as the Kanaya Center. Revenue fell 43.7% year on year, and the operating loss widened to ¥50 million. The impact of weak group-tourist demand is becoming even more severe. - FY2021-Q2WorsenedAnnual report
「In shop and restaurant operations, as travel and dining by groups, which were considered a source of the spread of COVID-19, were avoided, bus-tour group traffic ceased in April, as in the car ferry business. The flagship Kanaya Center and the Kurihama Center were both severely affected. As a result, revenue decreased by ¥177 million to ¥154 million, down 53.4% year on year, and the business recorded an operating loss of ¥42 million, compared with an operating loss of ¥19 million in the same period of the previous year.」
The suspension of bus-tour group traffic affected the Kurihama Center as well as the Kanaya Center. Revenue fell 53.4% year on year, and the operating loss widened to ¥42 million. - FY2021-Q1WorsenedAnnual report
「In shop and restaurant operations, as travel and dining by groups, which were considered a source of the spread of COVID-19, were avoided, bus-tour group traffic ceased in April, as in the car ferry business. The flagship Kanaya Center and the Kurihama Center were both severely affected.」
Bus-tour group traffic ceased, and the impact spread from the Kanaya Center to the Kurihama Center. Revenue fell 71.8% year on year, and the operating loss was ¥29 million, making the risk associated with weak group-tourist demand even more severe. - FY2020WorsenedAnnual report
「In shop and restaurant operations, as in the car ferry business, the extensive damage across Chiba Prefecture caused a sharp decline in bus-tour group traffic. Revenue decreased by ¥128 million to ¥643 million, down 16.6% from the previous period, and the business recorded an operating loss of ¥39 million, compared with an operating loss of ¥7 million in the previous period.」
The decline in group traffic was compounded by typhoon and torrential-rain damage. Revenue fell 16.6% year on year, and the operating loss widened to ¥39 million. - FY2020-Q3WorsenedAnnual report
「In shop and restaurant operations, in addition to the continuing decline in group traffic at the flagship Kanaya Center since last year, typhoon damage across Chiba Prefecture and other factors, as in the car ferry business, caused revenue to decrease by ¥77 million to ¥510 million, down 13.2% year on year. Due to the revenue decline, the business recorded an operating loss of ¥22 million, compared with an operating loss of ¥4 million in the same period of the previous year, and also recognized an impairment loss of ¥11 million in the second quarter for the same reasons as in the car ferry business.」
The decline in group traffic was compounded by typhoon damage and other factors. Revenue fell 13.2% year on year, and the operating loss widened to ¥22 million. An impairment loss of ¥11 million was also recognized, making the impact even more severe than in the previous quarter. - FY2020-Q2WorsenedAnnual report
「In shop and restaurant operations, in addition to the continuing decline in group traffic at the flagship Kanaya Center since last year, typhoon damage across Chiba Prefecture and other factors, as in the car ferry business, caused revenue to decrease by ¥34 million to ¥331 million, down 9.4% year on year. Due to the revenue decline, the business recorded an operating loss of ¥19 million, compared with an operating loss of ¥9 million in the same period of the previous year, and also recognized an impairment loss of ¥11 million for the same reasons as in the car ferry business.」
The decline in group traffic was compounded by typhoon damage and other factors. Revenue fell 9.4% year on year, and the operating loss widened to ¥19 million. An additional impairment loss of ¥11 million was recognized, and the impact is becoming more severe. - FY2020-Q1WorsenedAnnual report
「At the flagship Kanaya Center, the decline in group traffic that began last year showed no sign of abating. Revenue decreased by ¥15 million to ¥180 million, down 8.0% year on year, and the business recorded an operating loss of ¥5 million, compared with operating income of ¥0.07 million in the same period of the previous year.」
The decline in group traffic at the Kanaya Center showed no sign of abating. Revenue fell 8.0% year on year, and operating results swung from a profit in the same period of the previous year to a loss of ¥5 million. The impact of weak group-tourist demand is becoming even more severe. - FY2019WorsenedAnnual report
「In shop and restaurant operations, the company introduced new products at the flagship Kanaya Center to increase revenue, but weak bus-tour group traffic, as in the passenger vessel business, weighed on results. Revenue was ¥771 million, down 5.9% from the previous period, and the business recorded an operating loss of ¥7 million, compared with operating income of ¥1 million in the previous period.」
Although new products were introduced, weak bus-tour group traffic caused revenue to decline 5.9% year on year, and operating results swung from a profit in the previous period to a loss of ¥7 million. - FY2019-Q3WorsenedAnnual report
「In shop and restaurant operations, bus-tour group traffic remained weak at the flagship Kanaya Center. Revenue decreased by ¥50 million to ¥587 million, down 7.9% year on year, while operating income decreased by ¥13 million from the same period of the previous year, resulting in an operating loss of ¥4 million.」
Bus-tour group traffic remained weak at the Kanaya Center, with revenue down 7.9% year on year and operating results showing a loss of ¥4 million. The improvement from the previous fiscal year has retreated, and the impact is becoming even more severe. - FY2019-Q2WorsenedAnnual report
「In shop and restaurant operations, group-tourist demand at the flagship Kanaya Center declined, as in the car ferry business. Revenue decreased by ¥24 million to ¥366 million, down 6.2% year on year, while operating income decreased by ¥10 million from the same period of the previous year, resulting in an operating loss of ¥9 million.」
Group-tourist demand declined at the Kanaya Center, with revenue down 6.2% year on year. Operating results swung from a profit in the same period of the previous year to a loss of ¥9 million. The impact of weak group-tourist demand is becoming even more severe. - FY2019-Q1WorsenedAnnual report
「In shop and restaurant operations, group-tourist demand at the flagship Kanaya Center declined, as in the car ferry business. Revenue decreased by ¥13 million to ¥196 million, down 6.3% year on year, while operating income decreased by ¥4 million from the same period of the previous year to ¥0.07 million.」
Group-tourist demand at the Kanaya Center, which had improved in the previous fiscal year, began to decline. Revenue fell 6.3% year on year, and operating income decreased to ¥0.07 million. The impact of weak group-tourist demand is becoming more severe again. - FY2018WorsenedAnnual report
「In shop and restaurant operations, at the flagship Kanaya Center, the impact of adverse weather, as in the passenger vessel business, and the waning visitor-attraction effect of "Nomizo Falls" led to a decline in bus-tour group traffic from the end of the previous year. Revenue was ¥819 million, down 5.7% from the previous period, and operating income was ¥1 million, down 93.1%.」
Bus-tour group traffic declined at the Kanaya Center, with revenue down 5.7% from the previous period and operating income falling 93.1% to ¥1 million. The improvement from the previous period weakened, and the impact is becoming more severe again. - FY2018-Q3WorsenedAnnual report
「In shop and restaurant operations, group-tourist demand at the flagship Kanaya Center began to decline in the third quarter, as in the car ferry business. Revenue was ¥637 million, showing little growth and remaining broadly flat.」
Group-tourist demand at the Kanaya Center, which had improved from the previous period, began to decline in the third quarter, leaving revenue from shop and restaurant operations broadly flat. - FY2018-Q2MitigatedAnnual report
「In shop and restaurant operations, at the flagship Kanaya Center, the introduction of higher-priced new menu items and an increase in group-tourist demand contributed to results. Revenue increased by ¥34 million to ¥390 million, up 9.7% year on year. However, higher cost of sales and personnel expenses limited operating income to ¥0.44 million, compared with an operating loss of ¥8 million in the same period of the previous year.」
Group-tourist demand increased at the Kanaya Center, revenue rose 9.7% year on year, and the business moved from an operating loss to operating income, further easing the impact of weak group-tourist demand. However, operating income was limited to ¥0.44 million. - FY2018-Q1MitigatedAnnual report
「In shop and restaurant operations, favorable weather and an increase in group-tourist demand at the flagship Kanaya Center contributed to results. Revenue was ¥209 million, up 12.3% year on year, and operating income was ¥4 million, compared with an operating loss of ¥1 million in the same period of the previous year.」
Group-tourist demand increased at the Kanaya Center, driving revenue growth of 12.3% year on year. The business swung from an operating loss in the same period of the previous year to operating income of ¥4 million, further easing the impact of weak group-tourist demand. - FY2017MitigatedAnnual report
「In shop and restaurant operations, at the flagship Kanaya Center, restaurant traffic, which had declined in the first half due to the impact of adverse weather as in the passenger vessel business, remained firm from November onward following the introduction of new products. Revenue recovered to nearly the previous period's level at ¥869 million, down 1.0% from the previous period, while operating income was ¥17 million, up 14.5%.」
The effects of adverse weather and weak shop traffic remain, but restaurant traffic strengthened following the introduction of new products, revenue nearly recovered, and operating income reached ¥17 million. The business is continuing to improve from its loss-making position. - FY2017-Q3SoftenedAnnual report
「In shop and restaurant operations, restaurant traffic at the flagship Kanaya Center remained firm from November onward following the introduction of new products, but, in addition to the impact of adverse weather as in the passenger vessel business, weak shop traffic weighed on results. Revenue was ¥637 million, down 4.7% year on year, and operating income was ¥13 million, down 8.8%.」
Although the decline in shop traffic and the revenue impact of adverse weather continued, restaurant traffic remained firm following the introduction of new products, resulting in operating income of ¥13 million rather than an operating loss. The severity of the impact has therefore eased from the loss-making position through the previous quarter. - FY2017-Q2MaterialisedAnnual report
「In shop and restaurant operations, in addition to the impact of adverse weather, as in the passenger vessel business, group-tourist demand remained weak at the flagship Kanaya Center. Revenue decreased by ¥53 million from the same period of the previous year to ¥356 million, down 13.0% year on year, and the business recorded an operating loss of ¥8 million, compared with operating income of ¥0.3 million in the same period of the previous year.」
The continuing effects of adverse weather and weak group-tourist demand at the Kanaya Center were reflected in the results as lower revenue and an operating loss. - FY2017-Q1First statedAnnual report
「In shop and restaurant operations, group-tourist demand remained weak at the flagship Kanaya Center. Revenue decreased by ¥34 million from the same period of the previous year to ¥186 million, down 15.5% year on year, and the business recorded an operating loss of ¥1 million, compared with operating income of ¥3 million in the same period of the previous year.」
The continued weakness in group-tourist demand at the flagship store was reflected in the results as lower revenue and an operating loss.