Seibu Holdings, a major private railway company, has revised its earnings forecast for the current fiscal year downward and widens the final deficit, saying that railroad and hotel passengers are declining more than expected due to the prolonged impact of the new coronavirus. It became a prospect.
Seibu Holdings initially predicted that the group's overall earnings forecast for the current fiscal year would be a deficit of 5 billion yen, but it is expected to revise the forecast downward to a deficit of 14 billion yen. Announced.
The main reason for this is that the impact of the new Corona has been prolonged, and the recovery of sales in the Group's railway and hotel businesses has been delayed from the initial expectations.
Following the final deficit of 72.3 billion yen last year, it is expected to be in the red for the second consecutive term.
In response to the difficult performance, the company has considered selling its assets such as the hotel "The Prince Park Tower Tokyo" in Minato-ku, Tokyo, but in order to proceed with negotiations carefully, it will be sold. It means that the time to decide will be postponed within this year.
Kaoru Takahashi, managing director of Seibu Holdings, said at a press conference, "In order to build a strong management structure, we would like to promote digital reforms in addition to selling assets."
Among major private railway companies in the Tokyo metropolitan area, Keisei Electric Railway, Sotetsu Holdings, etc. will be in the red this year, while Tokyu, Tobu Railway, Odakyu Electric Railway, and Keio Electric Railway will be in the black due to the effects of asset sales and cost reduction. It is expected to do.