Okura Holdings tells Hong Kong stock exchange it intends to keep its pachinko parlours open despite Covid-19 state of emergency in Japan. <\/p>\n\n\n\n\n\n\n\n
Japan.- Some small pachinko firms have ignored the government’s mandated closure of all businesses after a state of emergency was declared last week due to the Coronavirus outbreak. <\/p>\n\n\n\n
Okura Holdings reported to the Hong Kong Stock Exchange, \u201cthe group intends to continue operating all of its pachinko halls across Japan, including the five pachinko halls in the areas under the state of emergency.\u201d<\/p>\n\n\n\n
\u201cDespite the ongoing operation of the group\u2019s pachinko halls, the directors of the company expect that the customer traffic of these five pachinko halls may significantly decline, resulting in an adverse impact on the group\u2019s revenue and profit before income tax,\u201d Okura explained. <\/p>\n\n\n\n
Unlike Okura Holdings, Dynam and Maruhan, the largest pachinko parlour operators in the country, have shut their shops in seven prefectures in line with government advice. <\/p>\n","protected":false},"excerpt":{"rendered":"
Okura Holdings tells Hong Kong stock exchange it intends to keep its pachinko parlours open despite Covid-19 state of emergency in Japan.<\/p>\n","protected":false},"author":2,"featured_media":2748,"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 has informed the Hong Kong Stock Exchange of its intent to maintain operations of its pachinko parlours across Japan, including in areas under a COVID-19 state of emergency, despite anticipating a significant decline in customer traffic and adverse financial impact. This decision contrasts with larger competitors Dynam and Maruhan, which have complied with government advice to close facilities.","focusai_entities":"Okura Holdings, Dynam, Maruhan, Hong Kong Stock Exchange","focusai_location":"Japan, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Enforcement Outlook","query":"What specific enforcement actions or penalties could the Japanese government impose on Okura Holdings for non-compliance with state of emergency directives, and what precedent would this set for other gaming verticals?"},{"label":"Competitive Landscape Shift","query":"How might Okura Holdings' decision to remain open, contrasted with Dynam and Maruhan's closures, impact long-term market share, brand reputation, and competitive dynamics within the Japanese pachinko sector post-pandemic?"}],"footnotes":""},"categories":[160,161,16338,156,158],"tags":[512,470,337],"class_list":["post-5458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-daily-news","category-east-asia-news","category-regulation-news","category-slider-home","tag-gaming","tag-japan","tag-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5458","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=5458"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5458\/revisions"}],"predecessor-version":[{"id":5478,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/5458\/revisions\/5478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2748"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=5458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=5458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=5458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}