Demand Fluctuations After the Tokyo Olympics
First written in FY2017. 2 of 5 entries say "Worsened", first in FY2019. Latest entry: FY2020-Q3.
Hotel Newgrand moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「Furthermore, as the Tokyo Olympic and Paralympic Games, which had been scheduled for this summer, were postponed by approximately 1 year, revenue is expected to decline substantially, potentially having a material impact on the Company's results and financial position.」
The risk of a substantial decline in revenue resulting from the approximately 1-year postponement of the Tokyo Olympic and Paralympic Games continues to be presented. - FY2020-Q2RestatedAnnual report
「Furthermore, as the Tokyo Olympic and Paralympic Games, which had been scheduled for this summer, were postponed by approximately 1 year, revenue is expected to decline substantially, potentially having a material impact on the Company's results and financial position.」
The risk recognition that revenue is expected to decline substantially as a result of the postponement of the Tokyo Olympic and Paralympic Games continues to be presented. - FY2020-Q1WorsenedAnnual report
「Furthermore, as the Tokyo Olympic and Paralympic Games, which had been scheduled for this summer, were postponed by approximately 1 year, revenue is expected to decline substantially, potentially having a material impact on the Company's results and financial position.」
The postponement of the Tokyo Olympic and Paralympic Games was formally decided, creating a situation in which a substantial decline in revenue was expected as a result of the postponement, in addition to the previous concern about demand fluctuations after the Games. - FY2019WorsenedAnnual report
「Although demand is expected to increase temporarily, there are concerns that demand may fall away after the Games close.」
The demand risk after the Tokyo Olympics was expressed more specifically and more severely, changing from the previous “demand fluctuations” to “demand falling away.” - FY2017First statedAnnual report
「We will also take into account potential demand fluctuations after the close of the Tokyo 2020 Olympic and Paralympic Games」
For the first time, potential fluctuations in hotel demand after the close of the Tokyo 2020 Olympic and Paralympic Games were explicitly identified as a risk to be considered alongside the competitive environment.