Decline in marina facility users due to adverse weather
First written in FY2020-Q2. 1 of 3 entries say "Restated". Latest entry: FY2020.
No other company in this theme has enough history to compare yet.
- FY2020WorsenedAnnual report
「In the marina business, the number of vessels moored under annual contracts at Tokyo Yumenoshima Marina and Urayasu Marina remained high, while vessel repair services and facilities such as the barbecue station in “E-no-mori” also operated well. However, the cancellation of marine events due to typhoons and other factors reduced facility usage, and revenue remained at the same level as the previous fiscal year.」
The Company described the specific business impact of adverse weather, including typhoons, such as fewer facility users and the cancellation of marine events, and stated that revenue remained at the same level as the previous fiscal year. - FY2020-Q3RestatedAnnual report
「In the marina business, the number of vessels moored under annual contracts at Tokyo Yumenoshima Marina and Urayasu Marina remained at a high level, and vessel repair services and other operations performed well. However, facility users declined due to unfavorable weather, including typhoons, and net sales were roughly unchanged from the same period of the previous year.」
The Group has reconfirmed the risk that adverse weather, including typhoons, could reduce the number of marina facility users and cause revenue to remain at the same level as the previous year. - FY2020-Q2First statedAnnual report
「In the marina business, the number of vessels moored under annual contracts at Tokyo Yumenoshima Marina and Urayasu Marina remained at a high level, and vessel repair services and other operations performed well. However, facility users declined due to unfavorable weather, and net sales were roughly unchanged from the same period of the previous year.」
The Group identified for the first time, as an external risk specific to the marina business, the risk that adverse weather could reduce the number of marina facility users and cause revenue to remain at the same level as the previous year.