Tags : bankrupcy
Fear for future bankruptcy in Japan -Survey result –
2022年3月2日 Japanese Society
Tokyo Shoko Research(-TRS-), one of Japanese research firms who have been releasing research data regarding the financial performance of small to middle companies in Japan. TRS has just opened research of “Influence of COVID-19”. One of the questions asks “What is your company’s outlook of the payments for the debt funded as the support program?” …
Why the new hotel business failed: three crucial reasons? Part2
2020年10月14日 Philosophy
When it comes to enter into the new business, two extreme cases can be analyzed. Eccentric Co, (Anonymous ), originally started as a company dealing with pachinko, Japanese slot machine business, during the inbound boom late 2010s’, started hotel business. Their hotel chain called Ecc hotel had developed in a short term to the nation …
Fundamental reasons for Hotel bankruptcy
2020年9月18日 Market Trend
In Japan, several hotel under performance and bankruptcy cases have been seen since COVID-19 pandemic appeared in this Feb. However, a hotel consultancy mentioned that before COVID, hotel industry had already been saturated in supply even for the increasing demand and financial conditions of so-called budget hotels had been unhealthy. I had a discussion with …
Only one reason to cause the bankruptcy-JP charismatic CEO predicted –
2020年6月22日 Philosophy
During Seiwajuku workshop in 2007, one family business leader, Joe, demonstrated his success story. With his older brother, Alex, Joe had run their construction company. Mr. Inamori *admired their achievement and made very positive comments. However, in 2009, Joe’s company asked the court its legal revitalization process and eventually went bankrupt in 2015. Joe’s company …
Fundamental reasons to cause the hotel bankruptcy
2020年5月8日 Market Trend
Under Corona measurement, we ‘ve seen two major hotel operator bankruptcy cases here in Japan. One is WBF, http://www.wbfresort.com/, one of the major, three star hotel operators in Japan. Their main targets are business customers, inbound tourists in major cities and tourist destinations. They have been opening new hotels over domestic market. This looks a …
