Maintaining and strengthening competitiveness and revenue through restaurant renovations
First written in FY2017-Q2. 5 of 12 entries say "Restated". Latest entry: FY2024-Q1.
No other company in this theme has enough history to compare yet.
- FY2024-Q1RaisedAnnual report
「As we expect a certain recovery in performance, we decided to consider and implement capital investments, including essential maintenance work, on a planned basis during the current fiscal year.」
The policy is shifting from freezing or not planning capital investments to strengthen facility competitiveness to considering and implementing capital investments, including maintenance work, in a planned manner on the assumption of a recovery in performance. - FY2023-Q1SoftenedAnnual report
「As the business environment is expected to remain challenging, we decided not to plan capital investments for the current fiscal year, except for essential maintenance work, while considering new capital investments depending on the recovery in sales and other factors.」
While continuing its policy of not planning major investments to strengthen facility competitiveness, the Company indicates that it may consider new capital investments depending on the recovery in revenue and other performance indicators. - FY2022RestatedAnnual report
「There were no significant capital investment plans as of the end of the fiscal year.」
The Company continues not to plan major capital investments to strengthen facility competitiveness. - FY2022-Q1RestatedAnnual report
「The Company decided to freeze the capital investment plan except for essential maintenance work.」
The policy of freezing capital investments related to strengthening facility competitiveness, except for essential maintenance work, remains in place. - FY2021SoftenedAnnual report
「There were no significant capital investment plans as of the end of the fiscal year.」
The disclosure states that there were no significant plans for major capital investments to strengthen the competitiveness of facilities such as restaurants. - FY2021-Q1RestatedAnnual report
「As difficult operating conditions were expected to continue due to the impact of the novel coronavirus, the Company decided during the fiscal year to temporarily freeze its capital investment plan, except for essential maintenance work.」
The temporary freeze on planned capital investments related to strengthening facility competitiveness, except for essential maintenance work, remains in place. - FY2020SoftenedAnnual report
「Although the Company planned major capital investments to strengthen facility competitiveness, it decided to review the Second Medium-Term Management Plan because the operating environment was expected to remain difficult due to the impact of COVID-19, and consequently froze the capital investment plan for the time being, except for essential maintenance work.」
The policy for capital investments to strengthen the competitiveness of facilities, including restaurants, has shifted to a temporary freeze except for essential maintenance work. - FY2019AdvancedAnnual report
「To maintain and improve competitiveness, the Company actively carried out facility renovations, including the complete renovation of the Sky Banquet Apollon at 京都ホテルオークラ, making some guest-room floors entirely non-smoking, installing private rooms in the restaurants, and renovating the large guest rooms at Karasuma Kyoto Hotel.」
In addition to the previous accessibility work at Irifune, the Company has expanded the scope of initiatives to strengthen facility competitiveness, including the complete renovation of the Sky Banquet, the installation of restaurant private rooms and the renovation of large guest rooms. - FY2018-Q2RestatedAnnual report
「At 京都ホテルオークラ, renovation work included making the Japanese restaurant Irifune wheelchair-accessible and fully renovating the main banquet hall Gyoun,」
The disclosure continues to cite facility upgrades, including work to make the Japanese restaurant Irifune wheelchair-accessible. - FY2018-Q1AdvancedAnnual report
「Under these conditions, the Company steadily implemented various measures under its three-year medium-term management plan, which began in fiscal 2016, including the renovation of 84 guest rooms at Karasuma Kyoto Hotel, barrier-free renovation work at the Japanese restaurant Irifune at Kyoto Hotel Okura, and other facility renewal projects.」
As a restaurant initiative, the Company carried out a specific facility upgrade by making the Japanese restaurant Irifune wheelchair-accessible. - FY2016RestatedAnnual report
「At 京都ホテルオークラ, the Chinese restaurant Tori, where the benefits of renovations became apparent, and the Top Lounge Orizzonte performed well.」
The disclosure continues to state that the benefits of renovations led to strong performance at the Chinese restaurant Tori and the Top Lounge Orizzonte. - FY2017-Q2First statedAnnual report
「The teppanyaki restaurant Tokiw a, the Chinese restaurant Tori, and the Top Lounge Orizzonte, renovated in June, performed well.」
In addition to guest-room-focused renovations, the Company renovated the Top Lounge Orizzonte and linked this to strong performance at the in-house restaurants.