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Hotel Newgrand (9720) · FactRestated

Expectations for Inbound Demand Driven by Visitors to Japan and the Tokyo Olympics

First written in FY2016. 2 of 10 entries say "Advanced", first in FY2019. Latest entry: FY2024-Q2.

10entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2016 – FY2018AdvancedFY2019SoftenedFY2020 – FY2021OtherFY20222017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 32024
Same theme, other companies
Inbound and Tokyo 2020 Games ResponseA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

Hotel Newgrand moved to the "Worse" side of this theme in 2021.

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「During the cumulative second quarter, Japan's economy is expected to recover as socioeconomic activity normalizes, inbound consumption recovers, and stock prices continue to rise, although」

    The normalization of socioeconomic activity and recovery in inbound consumption continue to be cited as factors improving the business environment.
  2. FY2024-Q1RestatedAnnual report

    「With the easing of restrictions related to COVID-19, socioeconomic activity is returning to normal, while the recovery in personal consumption and inbound consumption is also contributing to a gradual recovery, but」

    The business environment is described as benefiting from a continued recovery in inbound consumption as restrictions related to infectious diseases are eased.
  3. FY2023AdvancedAnnual report

    「Demand recovered as the number of domestic and international travelers surged, putting it on a recovery trend at roughly pre-COVID levels or higher.」

    Demand for domestic and international travel, including demand from international visitors to Japan, was shown to be recovering toward levels on par with or above those before COVID-19.
  4. FY2022Expectations for a recovery in demand from international visitors to Japan re-emergeAnnual report

    「Expectations for a full-scale recovery in travel to Japan by international visitors are rising as a result of substantially eased border measures, the effects of the weaker yen and China's abolition of its zero-COVID policy, but」

    Against a backdrop of eased border measures, the weaker yen and China's policy change, expectations were expressed for a full-scale recovery in inbound demand, which had previously weakened.
  5. FY2021SoftenedAnnual report

    「In the hotel industry, a full-scale recovery in demand for travel to Japan by international visitors is difficult to anticipate. Domestically, the recovery in demand for group travel and corporate banquets has also been delayed, and the challenging operating environment is expected to continue.」

    A full-scale recovery in travel to Japan by international visitors is difficult to anticipate, and the outlook indicates delays in the recovery of domestic group travel and corporate banquets, weakening expectations for a recovery in demand.
  6. FY2020SoftenedAnnual report

    「A considerable amount of time is expected to be required for demand from visitors to Japan to recover to its previous level.」

    The outlook has shifted from previous expectations for inbound demand to a view that recovery to its previous level will require a considerable amount of time.
  7. FY2019AdvancedAnnual report

    「In the hotel industry, the number of international visitors to Japan reached a new record high, although」

    The number of international visitors to Japan reaching a new record high was cited as evidence, confirming the expansion of inbound demand through tangible results.
  8. FY2018Results in international visitor growth and specific government targetsAnnual report

    「The number of international visitors to Japan has grown to approximately 3 times its level of 5 years ago, and is expected to remain on track for the time being toward the government's target of 40 million annual visitors in 2020.」

    The business environment is described as reflecting approximately 3-fold growth in the number of international visitors to Japan over the past 5 years and the government's target of 40 million annual visitors in 2020.
  9. FY2017From expectations for inbound demand to specific initiatives and numerical targetsAnnual report

    「Strengthening efforts to attract new Hotel New Grand guests, including visits from outside Kanagawa Prefecture and the launch of inbound initiatives」

    In addition to the previous expectations for growth in international visitors to Japan, encouraging visits from outside the prefecture and launching inbound initiatives were presented as strategies in the medium-term management plan.
  10. FY2016First statedAnnual report

    「The number of international visitors to Japan exceeded 20 million for the first time, and inbound demand is expected to remain strong as the 2020 Tokyo Olympic and Paralympic Games approach.」

    The business environment is described as benefiting from growth in the number of international visitors to Japan and expectations for inbound demand toward 2020.
Moved together

"Operating Cash Flow Turning Negative" moved the same way as this thread, in the same document, in 3 of its 10 moves.

322222★123456
  1. ★This thread
  2. 1Operating Cash Flow Turning Negative3×
  3. 2Uncertainty over the outlook due to falling stock prices, yen appreciation and a slowdown in emerging-market economies2×
  4. 3Higher sales and narrower operating and ordinary losses2×
  5. 4Conditions Raising Significant Doubt About the Going-Concern Assumption2×
  6. 5Return to profitability and enhancement of corporate value under the new medium-term management plan for fiscal 2018 through fiscal 20202×
  7. 6Improving Average Room Rates and the Foreign Guest Ratio2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Hotel Newgrand yet.
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Expectations for Inbound Demand Driven by Visitors to Japan and the Tokyo Olympics | HOTEL NEWGRAND CO.,LTD. (9720) | Komori