{"id":27655,"date":"2022-02-28T09:10:42","date_gmt":"2022-02-28T12:10:42","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=27655"},"modified":"2026-04-23T10:57:35","modified_gmt":"2026-04-23T13:57:35","slug":"okura-holdings-reports-us2-8m-loss-for-h2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okura-holdings-reports-us2-8m-loss-for-h2","title":{"rendered":"Okura Holdings reports US$2.8m loss for H2"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Okura Holdings has reported a loss attributable to shareholders of JPY333m (US$2.8m) for the second half of 2021.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">Japan.-\u00a0<strong>Okura Holdings<\/strong>\u00a0has announced financial results for the six months ending December 31 with a loss attributable to shareholders of JPY333m (US$2.8m), mainly due to impairment losses. That compared with a profit of JPY23m the previous year. Revenue declined slightly from JPY2.74bn to JPY2.73bn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company, which generates 90.5 per cent of its sales from pachinko and pachinko machines, attributed the decline to the<strong>&nbsp;permanent closure<\/strong>&nbsp;of&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/okura-holdings-closes-three-more-pachinko-parlours\" rel=\"noreferrer noopener\">three pachinko parlours<\/a>&nbsp;in September 2021, mainly due to the Covid-19 pandemic and the slow economic recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last May, the company had already&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/okura-holdings-permanently-closes-two-pachinko-venues\" rel=\"noreferrer noopener\">closed two venues<\/a>&nbsp;due to the crisis in the sector.&nbsp;<strong>Okura Holdings now has 12 Pachinko Venues<\/strong>, most of them located in Nagasaki Prefecture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interest in pachinko games has been declining due to the development of online games. The trend for&nbsp;<strong>young people to play mobile games instead of going to a pachinko parlour&nbsp;<\/strong>has been accentuated during increased confinement due to the Covid-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Okura Holdings has reported a loss attributable to shareholders of JPY333m (US$2.8m) for the second half of 2021.<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Okura Holdings reported a JPY333m (US$2.8m) loss attributable to shareholders for H2 2021, primarily due to impairment losses and the permanent closure of three pachinko parlours. This financial downturn is attributed to the ongoing impact of the Covid-19 pandemic and a broader shift in consumer preferences towards online and mobile gaming, impacting the traditional pachinko sector. The company now operates 12 pachinko venues, predominantly in Nagasaki Prefecture.","focusai_entities":"Okura Holdings","focusai_location":"Japan, Nagasaki Prefecture","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Pachinko Market Outlook","query":"What is the projected long-term impact of declining youth engagement and increased online gaming penetration on the overall GGR of the Japanese pachinko sector?"},{"label":"Strategic Diversification","query":"How is Okura Holdings evaluating strategic diversification into other gaming verticals or digital entertainment to mitigate the structural decline in its core pachinko business?"}],"footnotes":""},"categories":[157,16338],"tags":[24022],"class_list":["post-27655","post","type-post","status-publish","format-standard","hentry","category-business-news","category-east-asia-news","tag-okura-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=27655"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27655\/revisions"}],"predecessor-version":[{"id":27668,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/27655\/revisions\/27668"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=27655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=27655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=27655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}