{"id":777002919,"date":"2023-03-02T12:47:54","date_gmt":"2023-03-02T15:47:54","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777002919"},"modified":"2026-04-23T00:09:58","modified_gmt":"2026-04-23T03:09:58","slug":"okura-holdings-revenue-up-13-6-in-h2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/okura-holdings-revenue-up-13-6-in-h2","title":{"rendered":"Okura Holdings revenue up 13.6% in H2"},"content":{"rendered":"\n

Okura Holdings has reported revenue of JPY3.1bn (IS$23m) for its second half.<\/p>\n\n\n\n\n\n\n\n

Japan.- Okura Holdings<\/strong> has announced financial results for the second half of the year 2022. Revenue was up 13.6 per cent to JPY3.1bn<\/strong> (US$23m). The company reported an operating profit of JPY254m (US$1.88m), compared with an operating loss of JPY279m (US$2.06m) in the second half of 2021.<\/p>\n\n\n\n

In the six months to December 31, 2022, gross pay-ins, increased by 18.9 per cent to JPY14.5bn (US$107m). The company has experienced a rise in revenue following the lifting of some restrictions. <\/p>\n\n\n\n

Okura Holdings noted that the business outlook for pachinko remains in doubt<\/strong> owing to the ongoing downturn in the industry combined with high inflation in Japan due to escalating commodity prices and the depreciation of the Yen curtailing purchasing power.<\/p>\n\n\n\n

However, the company said it had witnessed a resurgence in customer traffic in most of its pachinko halls during the second half of the year 2022. The company closed five pachinko venues<\/a> in 2021.<\/p>\n\n\n\n

The company said it is optimistic for 2023 and expects that the impact of the Covid-19 outbreak on the pachinko industry in Japan will continue to diminish and that the group\u2019s business performance will improve steadily.<\/p>\n","protected":false},"excerpt":{"rendered":"

Okura Holdings has reported revenue of JPY3.1bn (IS$23m) for its second half.<\/p>\n","protected":false},"author":176,"featured_media":17238,"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 13.6% revenue increase to JPY3.1bn and an operating profit of JPY254m for H2 2022, reversing a prior-year loss. This improvement follows the lifting of restrictions and a resurgence in customer traffic at its pachinko halls, despite ongoing industry downturns and macroeconomic headwinds in Japan. The company remains optimistic for 2023, anticipating continued recovery from the Covid-19 impact.","focusai_entities":"Okura Holdings","focusai_location":"Japan","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Sustainability of Recovery?","query":"How sustainable is the reported customer traffic resurgence for Okura Holdings, given the broader industry downturn and persistent macroeconomic pressures such as inflation and Yen depreciation?"},{"label":"Profit Turnaround Drivers?","query":"What specific operational efficiencies, cost management strategies, or strategic adjustments contributed to Okura Holdings' operating profit turnaround in H2 2022, particularly in a challenging market?"}],"footnotes":""},"categories":[16338,163],"tags":[24022],"class_list":["post-777002919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","tag-okura-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002919","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=777002919"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002919\/revisions"}],"predecessor-version":[{"id":777002955,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002919\/revisions\/777002955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17238"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}