Return to profitability and enhancement of corporate value under the new medium-term management plan for fiscal 2018 through fiscal 2020
First written in FY2017. 19 of 26 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「During the interim accounting period, there were no material changes to the objective indicators and other measures used to assess the achievement of the management policies, management strategies and management targets established by the company.」
It has been reconfirmed that there have been no material changes in the Company's management policies, management strategies or the indicators used to assess progress toward its targets. - FY2024-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
It has been reconfirmed that there have been no material changes in the Company's management policies, management strategies or the indicators used to assess progress toward its targets. - FY2024-Q1RestatedAnnual report
「There were no material changes during the cumulative first-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
It has been reconfirmed that there have been no material changes in the Company's management policies, management strategies or the indicators used to assess progress toward its targets. - FY2023Shift from a medium-term numerical plan to a sustainable growth plan focused on the 100th anniversary of the hotel's openingAnnual report
「Amid rapidly changing social conditions and the business environment, the Company will address its challenges by accelerating sustainability management and promoting human capital management, with a view to the 100th anniversary of the hotel's opening in 2027, 3 years from now, while seeking further business expansion and sustainable enhancement of corporate value.」
The description has shifted from a medium-term plan setting out revenue and profit targets to language focused on expanding the business and enhancing corporate value through sustainability management and human capital management, centered on the 100th anniversary of the hotel's opening in 2027. - FY2023-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2023-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2023-Q1RestatedAnnual report
「There were no material changes during the cumulative first-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2022RaisedAnnual report
「145th fiscal year (results) Fiscal year ended November 2022 146th fiscal year (target) Fiscal year ending November 2023 Year on year Revenue ¥4,281.960 million ¥5,060.000 million 118.2% Operating income or operating loss ¥385.375 million ¥105.000 million —」
The target for the fiscal year ending November 2023 has been set at revenue of ¥5,060 million and operating income of ¥105 million, changing from the previous year's target based on an operating loss to a target of profitability. - FY2022-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2021SoftenedAnnual report
「In this environment, the Company will conduct various promotions and work to attract customers while considering market trends, including the timing of the resumption of the Go To Travel campaign. It will also carry out partial repairs to high-category rooms, including suites on the upper floors of the Tower Building, and seek to improve profitability by selling higher-priced products during the recovery in demand. 144th fiscal year (results) Fiscal year ended November 2021 145th fiscal year (target) Fiscal year ending November 2022 Year on year Revenue ¥3,195.670 million ¥3,637.000 million 113.8% Operating loss ¥742.139 million ¥883.000 million」
The target for the fiscal year ending November 2022 is revenue of ¥3,637 million and an operating loss of ¥883 million, representing a shift from the previous target of returning to operating profitability to a target based on an operating loss. Meanwhile, measures to improve profitability through repairs to high-category rooms, sales of higher-priced products and promotions have been identified. - FY2021-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2021-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2021-Q1RestatedAnnual report
「There were no material changes during the cumulative first-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2020SoftenedAnnual report
「In this environment, while advancing measures based on the same basic policies and core strategies as the previous year, the Company plans to improve profitability by establishing a service structure aligned with the "new lifestyle" and fully implementing measures against COVID-19, while offsetting the decline in customer numbers through sales of higher-priced products. 143rd fiscal year (results), fiscal year ended November 2020: revenue ¥3,060 million, operating loss ¥885 million / 144th fiscal year (target), fiscal year ending November 2021: revenue ¥3,316 million, operating loss ¥670 million」
The impact of the infection has weakened the target from the previous goal of operating profitability to a target for the fiscal year ending November 2021 based on revenue of ¥3,316 million and an operating loss of ¥670 million. Meanwhile, the policy of improving profitability through sales of higher-priced products and the establishment of a service structure has been maintained. - FY2020-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company continues to explicitly state that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2020-Q2RestatedAnnual report
「There were no material changes during the cumulative second-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2020-Q1RestatedAnnual report
「There were no material changes during the cumulative first-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2019ReframedAnnual report
「The first year of the New Medium-Term Management Plan 2019 fell substantially short of the original plan, resulting in a significant gap in profit progress. Following careful consideration, the Company judged that it was important first to firmly implement a buildup based on consolidating its current position. Accordingly, from the fiscal year ending November 2020 onward, it decided to base its management on highly achievable single-year business plans. The numerical targets for fiscal 2020 have been reset as follows.」
Following the substantial shortfall in the first year of the 3-year plan, the Company changed its plan management from the fiscal year ending November 2020 onward to a structure centered on single-year business plans. Targets for the fiscal year ending November 2020 were reset at revenue of ¥5,300 million, operating income of ¥30 million, 600,000 visitors and an inbound visitor ratio of 30%. - FY2019-Q3RestatedAnnual report
「There were no material changes during the cumulative third-quarter period to the management policies, management strategies and other matters established by the company, or to the objective indicators used to assess progress toward management targets.」
The Company has explicitly stated that there have been no material changes in its management policies, management strategies or the indicators used to assess progress toward its targets. - FY2019-Q2RestatedAnnual report
「However, to strengthen the wedding business, the Company has provided bridal business support and training by an external company, sought to improve profitability by raising customer satisfaction in customer-facing operations and improving operating efficiency, and worked to reduce personnel expenses by reviewing staffing allocations and other measures and to reduce costs by reviewing outsourced operations. Through these efforts, it is working to maintain operating profitability and ensure that these material events and other matters are resolved at an early stage.」
There has been no material change in the policy of returning to profitability and maintaining operating profitability. The Company continues to pursue wedding business support, training, improvements in customer service, operating efficiency improvements, and reviews of staffing allocations and outsourced operations as countermeasures. - FY2019-Q1RestatedAnnual report
「To strengthen the wedding business, the Company has provided bridal business support and training by an external company, sought to improve profitability by raising customer satisfaction in customer-facing operations and improving operating efficiency, and worked to reduce personnel expenses by reviewing staffing allocations and other measures and to reduce costs by reviewing outsourced operations. Through these efforts, it is working to maintain operating profitability and ensure that these material events and other matters are resolved at an early stage.」
The policy of returning to profitability under the new medium-term management plan remains unchanged. The Company has indicated a policy of maintaining operating profitability through wedding business support and training, improvements in customer service, operating efficiency improvements, and reductions in personnel and outsourced service expenses. - FY2018ReframedAnnual report
「Without changing its basic policies or core strategies, the Company formulated the "New Medium-Term Management Plan 2019" covering fiscal 2019 through fiscal 2021, revised the current plan's targets and decided to revise its numerical targets.」
For fiscal 2018, operating income was assessed as having met the target, while visitors totaled 570,000 against a target of 580,000 and the inbound visitor ratio was 22% against a target of 20%. The plan period was then updated to fiscal 2019 through fiscal 2021. The new plan targets revenue of ¥5,660 million, operating income of ¥160 million, 600,000 visitors and an inbound visitor ratio of 30% for the fiscal year ending November 2020. - FY2018-Q3RestatedAnnual report
「The Company will also seek to improve profitability through renovations to guest rooms in the Tower Building and other measures, reduce personnel expenses by reviewing staffing allocations and other measures, and reduce costs by reviewing outsourced operations, thereby achieving profitability and working to ensure that these material events and other matters are resolved at an early stage.」
The Company continues to target profitability and identifies renovations to Tower Building guest rooms, a review of staffing allocations and a review of outsourced operations as countermeasures. - FY2018-Q2RestatedAnnual report
「The Company will also seek to improve profitability through renovations to guest rooms in the Tower Building and other measures, reduce personnel expenses by reviewing staffing allocations and other measures, and reduce costs by reviewing outsourced operations, thereby achieving profitability and working to ensure that these material events and other matters are resolved at an early stage.」
The Company continues to target profitability and specifically identifies renovations to Tower Building guest rooms, reductions in personnel expenses through a review of staffing allocations, and reductions in costs through a review of outsourced operations as countermeasures. - FY2018-Q1RestatedAnnual report
「The Company will also seek to improve profitability through renovations to guest rooms in the Tower Building and other measures, achieve profitability, and work to ensure that these material events and other matters are resolved at an early stage.」
The target of returning to profitability continues to be linked to measures to improve profitability, including renovations to guest rooms in the Tower Building. - FY2017First statedAnnual report
「The Company has newly formulated a medium-term management plan covering fiscal 2018 through fiscal 2020 and intends to work diligently toward sustainable enhancement of corporate value and a return to profitability.」
The milestones under the previous fiscal 2017–fiscal 2019 plan were revised, and a new plan covering fiscal 2018 through fiscal 2020 was formulated. Targets for the fiscal year ending November 2020 are revenue of ¥5,918 million, operating income of ¥269 million, 600,000 visitors, an inbound visitor ratio of 30% and adjusted cash flow of ¥790 million.