Expansion of Hotel Projects Driven by Tourism-Related Investment
First written in FY2017-Q2. 10 of 34 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2027-H1.
Tanseisha moved to the "Worse" side of this theme in 2021, 3 years before the typical company in this theme (2024).
0 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「In the Commercial and Other Facilities Business, revenue and segment profit both fell below the year-earlier period because of the reaction to the completion of the large-scale Expo 2025 Osaka, Kansai project in the year-earlier period, although demand for hotels, station buildings, airport facilities and stadiums remained steady.」
Revenue and segment profit fell below the year-earlier period because of the reaction to the completion of the large-scale Expo 2025 Osaka, Kansai project, although demand for hotels, station buildings, airport facilities and stadiums remained steady. - FY2026AdvancedAnnual report
「In the Commercial and Other Facilities Business, revenue and segment profit both significantly exceeded the previous consolidated fiscal year, mainly because projects for hotels, entertainment facilities and Expo 2025 Osaka, Kansai continued to perform steadily. Revenue was ¥72,154 million, up 32.6% year on year, and segment profit was ¥6,808 million, up 106.6%.」
Projects for hotels, entertainment facilities and Expo 2025 Osaka, Kansai continued to perform steadily, resulting in full-year revenue growth of 32.6% and segment profit growth of 106.6%. - FY2026-H1AdvancedAnnual report
「In the Commercial and Other Facilities Business, revenue and segment profit both exceeded the year-earlier period, as new construction and renovation projects increased, particularly in the hotel and entertainment sectors, and sales from Expo 2025 Osaka, Kansai contributed. Revenue was ¥40,105 million, up 72.6% year on year, and segment profit was ¥5,026 million, up 414.8%.」
Revenue increased 72.6% and segment profit increased 414.8%, driven by an increase in new construction and renovation projects in the hotel and entertainment sectors, as well as sales from Expo 2025 Osaka, Kansai. - FY2025AdvancedAnnual report
「In the commercial and other facilities business, new-build and renovation projects mainly involving hotels, showrooms, offices and Expo 2025 Osaka, Kansai-related projects increased in line with the recovery in demand, resulting in sales and segment profit both exceeding the previous consolidated fiscal year’s levels.」
The increase in projects involving hotels, showrooms, offices and Expo 2025 Osaka, Kansai-related projects resulted in full-year sales increasing 16.2% and segment profit increasing 40.7%. - FY2025-H1AdvancedAnnual report
「In the commercial and other facilities business, new-build and renovation projects mainly involving hotels, offices, expositions and showrooms increased, resulting in sales and segment profit both exceeding the previous year’s levels. As a result, sales in the commercial and other facilities business were ¥2,323.9 million, up 2.2% year on year, while segment profit was ¥976 million, up 3.7%.」
New-build and renovation projects involving hotels, offices, expositions and showrooms increased, resulting in a 2.2% increase in sales and a 3.7% increase in segment profit. - FY2025-Q1AdvancedAnnual report
「In the commercial and other facilities business, demand recovered from the same quarter of the previous year. New-build and renovation projects increased mainly in general public facilities such as offices, as well as hotels and showrooms, resulting in sales and segment profit both exceeding the same quarter of the previous year.」
New-build and renovation projects involving general public facilities such as offices, hotels and showrooms increased, resulting in an 11.6% increase in sales and a 71.4% increase in segment profit. - FY2024AdvancedAnnual report
「In the commercial and other facilities business, new-build and renovation projects increased mainly for large stores such as department stores, shopping centers and specialty-store buildings, as well as amusement facilities, hotels, station buildings and airport-related facilities, in line with the recovery in demand. As a result, sales and segment profit both exceeded the previous consolidated fiscal year’s levels.」
For the full year, demand recovered and new-build and renovation projects increased for large stores, amusement facilities, hotels, station buildings and airport-related facilities, resulting in sales of ¥4,682.3 million and segment profit of ¥234.1 million. - FY2024-Q3AdvancedAnnual report
「As a result, sales in the commercial and other facilities business were ¥3,372.4 million, up 30.1% from the same quarter of the previous year, while segment profit was ¥1,204 million, compared with a segment loss of ¥112 million in the same quarter of the previous year.」
Demand recovery and the increase in new-build and renovation projects involving large stores, amusement facilities, hotels, station buildings and airport-related facilities continued. Sales increased 30.1%, while segment profit improved from a loss in the previous year to a profit of ¥1,204 million. - FY2024-Q2AdvancedAnnual report
「In the commercial and other facilities business, demand recovered from the same quarter of the previous year as restrictions on economic activity were eased. New-build and renovation projects increased, mainly involving large stores such as shopping centers and specialty-store buildings, amusement facilities, hotels, station buildings and airport-related facilities, resulting in sales and segment profit both exceeding the same quarter of the previous year.」
Demand recovery and the increase in new-build and renovation projects continued, with sales and segment profit exceeding the previous year’s levels for the second consecutive quarter after the first quarter. For the first half, sales increased 38.5% and segment profit was ¥941 million. - FY2024-Q1MitigatedAnnual report
「In the commercial and other facilities business, demand recovered from the same quarter of the previous year as restrictions on economic activity associated with COVID-19 were eased. New-build and renovation projects increased, mainly involving large stores such as shopping centers and specialty-store buildings, as well as hotels, station buildings and airport-related facilities, resulting in sales and segment profit both exceeding the same quarter of the previous year.」
Although full-year sales increased in the previous fiscal year, segment profit fell 87.5% due to price competition. In the first quarter, however, sales increased 31.2% and segment profit increased 156.7% as demand recovered and new-build and renovation projects increased. - FY2023WorsenedAnnual report
「In the commercial and other facilities business, demand recovered as restrictions on economic activity associated with COVID-19 were eased. New-build and renovation projects increased, mainly involving large stores such as department stores, shopping centers, specialty-store buildings and outlet malls, as well as amusement facilities and hotels, resulting in sales exceeding the previous consolidated fiscal year’s level. However, intensified price competition led to an increase in low-profitability projects, and segment profit was below the previous consolidated fiscal year’s level.」
Sales increased 11.1% as demand recovered and projects increased, while segment profit fell 87.5% due to an increase in low-profitability projects resulting from price competition. - FY2023-Q3WorsenedAnnual report
「In the commercial and other facilities business, demand recovered as restrictions on economic activity associated with COVID-19 were eased. New-build and renovation projects, mainly involving amusement facilities, station buildings and airport-related facilities, increased, resulting in sales exceeding the same quarter of the previous year. However, intensified price competition led to an increase in low-profitability projects, and segment profit was below the same quarter of the previous year.」
Sales increased 23.0% year on year as demand recovered and new-build and renovation projects increased, while the increase in low-profitability projects due to price competition resulted in a segment loss of ¥112 million. - FY2022WorsenedAnnual report
「Sales in the commercial and other facilities business were ¥3,254.7 million, down 18.7% from the previous consolidated fiscal year, while segment profit was ¥982 million, down 72.9%.」
The commercial and other facilities business recorded lower full-year sales, and the decline in segment profit widened to 72.9%. - FY2022-Q3Higher backlog from large orders alongside lower salesAnnual report
「In the commercial and other facilities business, demand declined as restrictions on economic activity associated with the spread of COVID-19 persisted. New-build and renovation projects mainly involving commercial facilities, entertainment facilities, airport-related facilities and corporate promotional facilities decreased, resulting in sales and segment profit both falling below the same quarter of the previous year.」
Sales and segment profit fell below the previous year’s levels as projects involving commercial facilities, entertainment facilities, airport-related facilities and corporate promotional facilities decreased. Meanwhile, backlog increased as a result of orders for large projects carried over to the following quarter and beyond. - FY2022-Q2WorsenedAnnual report
「In the commercial and other facilities business, demand declined as restrictions on economic activity associated with the spread of COVID-19 persisted. The decline in new-build and renovation projects, mainly involving commercial facilities, entertainment facilities and airport-related facilities, resulted in sales and segment profit both falling below the same quarter of the previous year.」
New-build and renovation projects involving commercial facilities, entertainment facilities and airport-related facilities continued to decline from the previous quarter, resulting in a 42.6% decline in sales and a segment loss of ¥489 million for the first half of the second quarter. - FY2022-Q1WorsenedAnnual report
「In the commercial and other facilities business, demand declined as restrictions on economic activity associated with the spread of COVID-19 persisted. New-build and renovation projects mainly involving commercial facilities, entertainment facilities and airport-related facilities decreased, resulting in sales and segment profit both falling below the same quarter of the previous year.」
The explanation changed from describing projects involving hotels, large facilities and the service sector as solid to stating that new-build and renovation projects involving commercial facilities, entertainment facilities and airport-related facilities decreased. - FY2021WorsenedAnnual report
「In the commercial and other facilities business, sales fell significantly below the previous consolidated fiscal year’s level due to stagnant order-taking activity and the cancellation or postponement of events resulting from the spread of COVID-19.」
The explanation changed from the previous focus on projects involving hotels and large sports facilities to a significant full-year decline in sales due to stagnant order-taking activity and canceled or postponed events caused by the infectious disease. - FY2021-Q1Changes in project mix and impact of infectious diseaseAnnual report
「In the commercial and other facilities business, projects mainly involving offices and theme parks increased. However, construction interruptions and schedule changes caused by the spread of COVID-19 resulted in more projects being carried over to the following quarter and beyond, and sales fell below the same quarter of the previous year.」
The project commentary shifted from hotels and large facilities to an increase in projects involving offices and theme parks, while construction interruptions and schedule changes caused by the infectious disease led to more projects being carried over. - FY2020RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and new-build and renovation projects in the service sector, including airport-related facilities, hotels and large sports facilities, as well as large commercial facilities, remained solid. As a result, sales were roughly in line with the previous consolidated fiscal year, while operating profit exceeded the previous consolidated fiscal year’s level as a result of business activities focused on profitability.」
The company continued to handle new-build and renovation projects in the service sector and at large commercial facilities amid favorable market conditions. For the full year, sales were roughly in line with the previous year, while operating profit increased. - FY2020-Q3Higher sales and profit from hotel and large commercial facility projectsAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and projects involving hotels, large sports facilities and large commercial facilities remained solid, resulting in sales and operating profit both exceeding the same quarter of the previous year.」
The explanation changed from lower sales due to projects carried over through the previous quarter to sales and operating profit both exceeding the previous year’s levels as projects involving hotels, large sports facilities and large commercial facilities remained solid. - FY2020-Q2RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and the company handled projects involving hotels and large sports facilities. However, sales fell below the same quarter of the previous year, partly because more projects were carried over to the following quarter and beyond.」
The company continues to handle projects involving hotels and large sports facilities. - FY2020-Q1Hotel and large sports facility projects explicitly identifiedAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and the company handled projects involving hotels and large sports facilities. However, sales fell below the same quarter of the previous year.」
In addition to the previously cited corporate PR facilities, theme parks and airport-related facilities, projects involving hotels and large sports facilities are now explicitly identified. - FY2019-Q3RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable. In particular, new-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks, remained solid, and sales exceeded the same quarter of the previous year. However, profitability fell short of the same quarter of the previous year, and operating profit was below the previous year’s level.」
New-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks, continued to be described as solid. - FY2019-Q2RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable. In particular, new-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks, remained solid, and sales exceeded the same quarter of the previous year. However, profitability fell short of the same quarter of the previous year, and operating profit was below the previous year’s level.」
New-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks, continued to be described as solid. However, profitability and operating profit were below the previous year’s levels. - FY2019-Q1Service-sector projects explicitly identifiedAnnual report
「In the commercial and other facilities business, market conditions remained favorable. In particular, the company handled many new-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks, resulting in sales and operating profit both exceeding the same quarter of the previous year.」
The explanation now states that the company handled many new-build and renovation projects in the service sector, including airport-related facilities, hotels, offices and theme parks. - FY2018RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and the company handled many new-build and renovation projects, including large corporate PR facilities, hotels, theme parks and offices. As a result, sales and operating profit both exceeded the previous consolidated fiscal year’s levels.」
The company continues to handle projects involving corporate PR facilities, hotels, theme parks and offices amid favorable market conditions. - FY2018-Q3Changes in project mix and performance commentaryAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and the company handled large corporate PR facilities and theme park-related projects, as well as many hotel and office new-build and renovation projects. However, the projects became larger and took longer than initially expected, resulting in sales and operating profit both falling below the same quarter of the previous year.」
Although favorable market conditions and orders for corporate PR facilities, theme parks, hotels and offices continued, sales and operating profit fell below the previous year’s levels due to projects becoming larger and taking longer. - FY2018-Q2RestatedAnnual report
「In the commercial and other facilities business, market conditions remained favorable. The company handled large corporate PR facilities and theme park-related projects, while new-build and renovation projects in the hotel sector, where investment was active, also remained solid. As a result, sales and operating profit both exceeded the same quarter of the previous year.」
The company continues to handle corporate PR facilities, theme parks and hotel new-build and renovation projects amid favorable market conditions. - FY2018-Q1Change in project mixAnnual report
「In the commercial and other facilities business, market conditions remained favorable, and the company handled large corporate PR facilities and theme park-related projects. However, many orders were carried over to the following quarter and beyond, resulting in sales and operating profit both falling below the same quarter of the previous year.」
The project examples changed from primarily hotels and large showrooms to large corporate PR facilities and theme park-related projects. Although market conditions remained favorable, sales and operating profit fell below the previous year’s levels because orders were carried over. - FY2017RestatedAnnual report
「In the commercial and other facilities business, market conditions remained solid, and sales exceeded the previous consolidated fiscal year’s level as the company handled many projects, including hotels and large showrooms. However, some overseas projects had low profit margins, and operating profit was below the previous consolidated fiscal year’s level.」
The disclosure continues to describe solid market conditions for hotel and large showroom projects, while low margins on some overseas projects are identified as a factor affecting profitability. - FY2017-Q3RestatedAnnual report
「In the commercial and other facilities business, market conditions remained solid. In particular, the company handled many hotel new-build and renovation projects in response to increased tourism-related investment, as well as large showrooms, resulting in sales and operating profit both exceeding the same quarter of the previous year.」
In addition to hotel new-build and renovation projects driven by tourism-related investment, the company handled large showrooms, and sales and operating profit in the commercial and other facilities business exceeded the previous year’s levels. - FY2017-Q2First statedAnnual report
「In the commercial and other facilities business, market conditions remained favorable. In particular, the company handled many new-build and renovation projects for hotels in response to increased tourism-related investment, and sales exceeded those in the same quarter of the previous year. However, profitability fell short of the same quarter of the previous year, and operating profit was below the previous year’s level.」
Although the company handled many hotel new-build and renovation projects amid increased tourism-related investment, profitability and operating profit were below the previous year’s levels.