Regional visitor attraction slows as the Hokuriku Shinkansen opening effect runs its course
First written in FY2017-Q1. 3 of 5 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2025.
Hachi-Ban moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Other".
- FY2025Revenue growth drivers from the extension and reconstruction demand emergeAnnual report
「This was mainly attributable to the extension of the Hokuriku Shinkansen and reconstruction demand following the Noto Peninsula Earthquake.」
The extension of the Hokuriku Shinkansen and reconstruction demand following the Noto Peninsula Earthquake were cited as the main factors behind the increase in operating revenue. - FY2017MaterialisedAnnual report
「Although the Company worked to increase repeat visits through these operating initiatives, same-store sales did not match the boost from the opening of the Hokuriku Shinkansen in the year-earlier period and declined 2.7% year on year.」
The reversal of the Hokuriku Shinkansen opening effect was reflected in the full-year results as a 2.7% year-on-year decline in same-store sales in the Japanese-style dining segment. - FY2017-Q3MaterialisedAnnual report
「As a result, due to the boost from the opening of the Hokuriku Shinkansen in the year-earlier period, revenue for the nine months ended the third quarter was ¥5,185 million, down 4.2% year on year, while operating revenue, comprising revenue and royalty income and other items, was ¥5,612 million, down 4.3%.」
The reversal of the boost from the Hokuriku Shinkansen opening in the year-earlier period emerged as a factor behind the decline in revenue, while same-store sales in the domestic Japanese-style dining segment fell 2.4% year on year. - FY2017-Q2MaterialisedAnnual report
「Same-store sales declined 1.7% year on year, as efforts to increase repeat visits through these operating initiatives did not match the boost from the opening of the Hokuriku Shinkansen in the year-earlier period.」
The boost from the Hokuriku Shinkansen opening was lower than in the year-earlier period, resulting in a 1.7% year-on-year decline in same-store sales in the Japanese-style dining segment. - FY2017-Q1First statedAnnual report
「In the Hokuriku region, where the Group has its domestic business base, activity centered around major JR stations began to settle down in the second year after the opening of the Hokuriku Shinkansen.」
The disclosure states that the activity around stations generated by the opening of the Hokuriku Shinkansen began to settle down in its second year.