DOCSLIB.ORG

Nippon Parking Development / 2353

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nippon Parking Development / 2353 R Nippon Parking Development / 2353 COVERAGE INITIATED ON: 2010.09.06 LAST UPDATE: 2019.06.28 Shared Research Inc. has produced this report by request from the company discussed in the report. The aim is to provide an “owner’s manual” to investors. We at Shared Research Inc. make every effort to provide an accurate, objective, and neutral analysis. In order to highlight any biases, we clearly attribute our data and findings. We will always present opinions from company management as such. Our views are ours where stated. We do not try to convince or influence, only inform. We appreciate your suggestions and feedback. Write to us at [email protected] or find us on Bloomberg. Research Coverage Report by Shared Research Inc. Nippon Parking Development / 2353 R LAST UPDATE: 2019.06.28 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp Coverage INDEX How to read a Shared Research report: This report begins with the trends and outlook section, which discusses the company’s most recent earnings. First-time readers should start at the business section later in the report. Key financial data ------------------------------------------------------------------------------------------------------------------------------------- 3 Recent updates ---------------------------------------------------------------------------------------------------------------------------------------- 4 Highlights ------------------------------------------------------------------------------------------------------------------------------------------------------------4 Trends and outlook ----------------------------------------------------------------------------------------------------------------------------------- 5 Quarterly trends and results -----------------------------------------------------------------------------------------------------------------------------------5 Full-year company forecasts --------------------------------------------------------------------------------------------------------------------------------- 15 Outlook ------------------------------------------------------------------------------------------------------------------------------------------------------------- 34 Business ------------------------------------------------------------------------------------------------------------------------------------------------ 35 Business description -------------------------------------------------------------------------------------------------------------------------------------------- 35 Key financial data ------------------------------------------------------------------------------------------------------------------------------------------------ 45 Strengths and weaknesses ------------------------------------------------------------------------------------------------------------------------------------ 46 Market and value chain ---------------------------------------------------------------------------------------------------------------------------------------- 47 Financial statements-------------------------------------------------------------------------------------------------------------------------------- 51 Income statement ----------------------------------------------------------------------------------------------------------------------------------------------- 51 Balance sheet ----------------------------------------------------------------------------------------------------------------------------------------------------- 52 Statement of cash flows --------------------------------------------------------------------------------------------------------------------------------------- 53 Other information ---------------------------------------------------------------------------------------------------------------------------------- 54 Corporate governance, environment, and CSR information -------------------------------------------------------------------------------------- 54 Shareholder returns--------------------------------------------------------------------------------------------------------------------------------------------- 55 History -------------------------------------------------------------------------------------------------------------------------------------------------------------- 56 Major shareholders --------------------------------------------------------------------------------------------------------------------------------------------- 57 Top management ----------------------------------------------------------------------------------------------------------------------------------------------- 57 Employees --------------------------------------------------------------------------------------------------------------------------------------------------------- 57 By the way --------------------------------------------------------------------------------------------------------------------------------------------------------- 57 Historical earnings ---------------------------------------------------------------------------------------------------------------------------------- 58 Historical quarterly earnings --------------------------------------------------------------------------------------------------------------------------------- 58 News and topics ------------------------------------------------------------------------------------------------------------------------------------------------- 88 Company profile ------------------------------------------------------------------------------------------------------------------------------------------------- 88 02/89 Nippon Parking Development / 2353 R LAST UPDATE: 2019.06.28 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp Coverage Key financial data Income statement FY07/08 FY07/09 FY07/10 FY07/11 FY07/12 FY07/13 FY07/14 FY07/15 FY07/16 FY07/17 FY07/18 FY07/19 (JPYmn) Cons. Cons. Cons. Cons. Cons. Cons. Cons. Cons. Cons. Cons. Cons. Est. Sales 7,508 7,870 8,664 9,607 10,591 13,437 15,118 17,008 18,140 21,987 22,771 24,700 YoY 10.5% 4.8% 10.1% 10.9% 10.2% 26.9% 12.5% 12.5% 6.7% 21.2% 3.6% 8.5% Gross profit 2,924 3,052 3,593 4,058 4,533 5,759 6,594 7,624 7,724 9,552 10,129 YoY 15.2% 4.4% 17.7% 12.9% 11.7% 27.0% 14.5% 15.6% 1.3% 23.7% 6.0% GPM 38.9% 38.8% 41.5% 42.2% 42.8% 42.9% 43.6% 44.8% 42.6% 43.4% 44.5% Operating profit 1,181 1,258 1,481 1,501 1,821 2,021 2,335 2,573 1,978 3,067 3,533 4,200 YoY 28.4% 6.5% 17.7% 1.3% 21.3% 11.0% 15.5% 10.2% -23.1% 55.1% 15.2% 18.9% OPM 15.7% 16.0% 17.1% 15.6% 17.2% 15.0% 15.4% 15.1% 10.9% 14.0% 15.5% 17.0% Recurring profit 1,827 1,168 1,117 1,438 1,906 2,236 2,592 3,010 2,241 3,212 3,610 4,100 YoY 37.4% -36.1% -4.4% 28.8% 32.6% 17.3% 15.9% 16.1% -25.6% 43.4% 12.4% 13.6% RPM 24.3% 14.8% 12.9% 15.0% 18.0% 16.6% 17.1% 17.7% 12.4% 14.6% 15.9% 16.6% Net in co me 489 614 765 850 518 1,378 1,582 3,531 1,255 2,243 2,211 2,600 YoY -23.9% 25.5% 24.7% 11.1% -39.0% 165.9% 14.7% 123.2% -64.5% 78.7% -1.4% 17.6% Net margin 6.5% 7.8% 8.8% 8.8% 4.9% 10.3% 10.5% 20.8% 6.9% 10.2% 9.7% 10.5% Per share data (JPY) Shares issued (year-end; '000) 3,439 3,445 3,445 3,445 3,445 3,445 345,274 346,585 347,658 348,399 348,399 EPS 144.1 181.2 226.2 251.6 155.5 413.4 4.7 10.5 3.7 6.7 6.6 7.8 Dividend per share 200.0 200.0 100.0 150.0 200.0 250.0 2.7 3.3 3.5 3.8 4.0 4.3 Book value per share 530 490 505 635 675 917 12 20 20 23 25 Balance sheet (JPYmn) Cash and cash equivalents 1,852 1,701 1,201 1,777 2,885 3,899 4,765 9,902 13,121 13,888 11,709 Total current assets 2,599 2,191 1,708 2,358 3,486 4,766 5,768 11,230 15,014 15,524 13,574 T angible fixed asset s 847 904 1,261 1,588 1,204 1,703 1,993 3,164 3,852 5,015 6,583 Investments and other assets 3,685 3,293 2,766 2,354 1,216 2,431 2,696 2,978 2,098 3,040 3,009 Int angible fixed asset s 94 83 64 76 97 220 186 411 380 393 206 Total assets 7,225 6,472 5,799 6,377 6,003 9,121 10,643 17,783 21,344 23,973 23,372 Accounts payable 29 29 29 32 30 81 88 98 281 313 290 Short-term debt 2,022 1,938 1,368 1,274 1,156 624 209 102 424 1,380 293 Tot al current liabilit ies 3,033 2,640 2,435 2,459 2,483 2,261 2,404 2,982 2,842 4,435 3,002 Long-term debt 1,998 1,751 1,179 1,176 650 2,530 2,906 5,170 6,624 6,444 6,306 Tot al fixed liabilit ies 2,370 2,143 1,625 1,732 1,239 3,619 3,826 6,078 9,856 9,519 9,377 Tot al liabilit ies 5,403 4,783 4,060 4,191 3,722 5,880 6,230 9,061 12,698 13,954 12,380 Net assets 1,823 1,688 1,738 2,186 2,281 3,241 4,413 8,722 8,646 10,019 10,992 Interest-bearing debt 4,020 3,689 2,547 2,451 1,805 3,154 3,115 5,272 7,048 7,824 6,599 Statement of cash flows (JPYmn) Cash flow s from operat ing act ivit ies 898 868 1,529 1,289 1,473 1,460 2,014 1,965 602 3,778 2,947 Cash flow s from invest ing act ivit ies 728 322 -203 -73 800 -1,048 -424 1,378 2,490 -3,135 -2,851 Cash flow s from financing act ivit ies -1,495 -1,008 -1,826 -636 -1,228 612 -739 1,733 296 -551 -2,787 Financial rat ios ROA (RP-based) 24.5% 17.1% 18.2% 23.6% 30.8% 29.6% 26.2% 21.2% 11.5% 14.2% 15.3% ROE 25.9% 35.0% 44.9% 43.9% 23.6% 51.9% 44.6% 65.5% 18.7% 31.0% 27.2% Equit y rat io 25.1% 26.1% 29.7% 33.8% 37.5% 33.6% 37.8% 38.0% 31.2% 32.5% 36.3% Source: Shared Research based on company data Note: Figures may differ from company materials due to differences in rounding methods. Note: Starting in FY07/15, interest-bearing debt includes lease liabilities. 03/89 Nippon Parking Development / 2353 R LAST UPDATE: 2019.06.28 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp Coverage Recent updates Highlights On June 28, 2019, Shared Research
Load more

Recommended publications
  • Presents. TPR's Japan 2011 Trips! Southern
    PresentS … TPR ’s Japan 2011 Trips! Southern & Tokyo Japan! Southern Japan: June 17 th – June 25 th 2011 Tokyo Japan: June 27 th – July 4 th 2011 Join TPR for our Southern Japan trip, Tokyo Japan Trip, or BOTH! Details below … TPR’s 2011 “Southern Japan” Trip includes: • Ground Transportation via trains, buses, taxis and more! Starts and ends at the first and last hotel in Tokyo. Airport transfers are on your own based on what airport and when you fly in. • 8 Nights of Lodging from Friday Night 6/17/11 through Friday Night 6/24/11 (including a ‘base camp approach’ with multiple night stays in three major Japanese cities!) • All Theme Park Admissions - At least 9 Parks! (See below for list) • At least one meal per day plus snacks & group meal fun • Group Photo, Tour Shirt, & Trip Photo CD • Exclusive Ride Time, Walk Backs, Photo Ops, and other Park Perks • Access to Exclusive Message board on TPR to discuss trip specifics and questions that may arise. You will ride OVER 35 ROLLER COASTERS on this trip! Including some very out of the way quirky stuff as well as Steel Dragon, Pyrenees, Hollywood Dream and more! TPR’s 2011 “Tokyo” Trip includes: • Ground Transportation via trains, buses, taxis and more! Starts and ends at the first and last hotel in Tokyo. Airport transfers are on your own based on what airport and when you fly in. • 7 Nights of Lodging from Monday Night 6/27/11 through Sunday night 7/03/11 at ONE centrally located awesome Tokyo Hotel • All Theme Park Admissions - At least 10 Parks! (See below for list) • At least one meal per day plus snacks & group meal fun • Group Photo, Tour Shirt, & Trip Photo CD • Exclusive Ride Time, Walk Backs, Photo Ops, and other Park Perks • Access to Exclusive Message board on TPR to discuss trip specifics and questions that may arise.
    [Show full text]
  • Yomiuriland Sta On-Ozawa-Jo Castle Ruins-Misawagawa Water Park
    Yomiuriland Sta�on-Ozawa-jo Castle Ruins-Misawagawa Water Park Course Highlight | Scenery from Ozawa-jo-shi Park Route Descrip�on Keio-Yomiuriland Sta�on ▼ Yomiuri Giants Stadium ▼ Sugiyama-jinja Shrine ▼ Ozawa-jo Castle Ruins ▼ Entrance of Tama Nature Trail ▼ Anazawa-tenjinsha Shrine ▼ Misawagawa Water Park Warm-up Do some stretches to gradually warm up and s�mulate blood circula�on. This helps prevent injuries, knee pain, fa�gue, etc. Cool-down Ending exercise suddenly can cause stress on the heart, so it is important to cool down gradually. This helps the body recover faster from fa�gue and prevents muscle pain. * Do not put too much strain on your body when you are sleep-deprived or sick. around 1 h 10 min. around 3.3 km around 210 kcal around 4710 steps * These are es�mates given for a person, weight 60kg, moving at 4km per hour, walking 10 min.=30kcal, one step=70cm. Besides, the �me allowed is the actual �me when we walked the course. ©Google Tokyo Metropolitan Government Health Promo�ng character KENKOUDESUKA-MAN Recommended Site Icons: Shrines and Temples Park Other Ozawa-jo Castle Ruins Yomiuri Giants Stadium Anazawa-tenjinsha Shrine It is said that Ozawa-jo Castle in the early On “Yomiuri V-dori Street,” running from It is recorded in “Anazawa Tenjin Engi (History of Kamakura period was the residence of Kotaro Keio-Yomiuriland Sta�on to Yomiuri Giants Anazawa-tenjinsha Shrine)” that a jito (lord of a Ozawa, a son of Shigenari Saburo Inage, who was Stadium, the handprints of players, the manager, manor) named Tarozaemon Kato restored the main a senior retainer of Yoritomo Minamoto.
    [Show full text]
  • VI. Fallstudien Zur Imagewerbung Japanischer Unternehmen
    317 Kapitel VI. Fallstudien zur Imagewerbung japanischer Unternehmen In diesem Kapitel werden anhand verschiedener Fallstudien exemplarische Beispiele für kreative Unternehmenswerbung (kigyô kôkoku oder Corporate Advertising) vorgestellt. Dabei geht es darum, einen möglichst vielseitigen Eindruck langfristig imagebildender Werbestrategien zu geben, wobei die damit zusammenhängenden Faktoren wie Marketing und Corporate Identity (CI) nach Möglichkeit einbezogen werden. Um diesen Zusammenhang zu verdeutlichen, wird zuerst eine allgemeine Einordnung von Corporate Advertising (im folgenden CA) bzw. Corporate Communications (CC, Unternehmens- kommunikation) im Gesamtkonzept von Corporate Identity (Unternehmensidentität) vorge- nommen. Daran anschließend werden der japanische CA-Begriff, bzw. die Entwicklung japanischer CI und CC-Strategien erläutert. Eine Betrachtung des Unternehmens-images als zentraler Bezugsgröße von CA-Maßnahmen und ein allgemeiner Überblick zu CA- Entwicklung und Status quo runden diesen „Vorspann” ab, bevor es konkret an die unter- suchten Beispiele geht. 1. Corporate Identity-Strategien und Imagewerbung in japanischen Unternehmen In der BRD sind Theorie und Praxis der Corporate Identity (CI) seit den 70er Jahren ein wissenschaftliches Thema. Grage (1993) führt den Begriff auf Durckheim zurück, der Identität als „das unverwechselbare Sein, die charakteristische Eigenart und Einmaligkeit einer Person“1 definiert. Die Übertragung individueller Eigenschaften auf Gruppen bzw. Unter-nehmen ist zwar ambivalent zu betrachten,
    [Show full text]
  • Let's Visit Tama New Town!
    w Town! w Ne visit a s Tam Let' a fascinating area in an expanse of hills Town Ne Tama Tama Zoological Park Hino City Minami-Tama Sta. JR Chuo Line Tamagawa River Tama-Dobutsukoen Sta. Tama-Dobutsukoen Sta. Seiseki-sakuragaoka Sta. JR Nambu Line Asakawa River Hirayamajoshi-koen Sta. Chuo-Daigaku Meisei-Daigaku Sta. Inaginaganuma Sta. Naganuma Sta. Chuo Univ. Tama Monorail Otsuka Teikyo-Daigaku Sta. Inagi Sta. Tama City Keio-nagayama Sta. Hachioji City Matsugaya Sta. Odakyu Nagayama Sta. Tama Univ. Tama Center Sta. Sanrio Puroland Keio-horinouchi Sta. Keio-tama-center Sta. Tokyo Metropolitan Univ. Yaen-kaido Ave. Odakyu Tama Center Sta. Keio Sagamihara Line Tokyo Asobimare Wakabadai Sta. Haruhino Sta. Mitsui Outlet Park Karakida Sta. Tama Minami Osawa Inagi City Minami-osawa Sta. Kurokawa Sta. Minami-Tama One Kansen Road Kamakura-kaido Ave. Kurihira Sta. Odakyu Tama Line Tamasakai Sta. Tama-Newtown-dori Ave. Kawasaki City Machida-kaido Ave. Satsukidai Sta. Odawara Line Odakyu Machida City *Unless otherwise noted, the contents published in Published in October 2020 Registration No. (31)95 Tama New Town—a fascinating area in an expanse of hills this magazine are as of October 2020. Details may change after publication. Please check websites or Tama New Town Project Office, Urban Redevelopment. Section,Bureau Edited and produced by C&Z Communication Co., Ltd other sources for up-to-date information before your of Urban Development Tokyo Metropolitan Government Printed by C&Z Communication Co., Ltd visit. Also, please be aware that we will take no 8-1, Nishi Shinjuku 2-chome, Shinjuku-ku, Tokyo, 163-8001 responsibility for any liability for any damage arising TEL (direct): 03-5320-5479 from the use of information in this magazine.
    [Show full text]
  • Nippon Parking Development / 2353
    R Nippon Parking Development / 2353 COVERAGE INITIATED ON: 2010.09.06 LAST UPDATE: 2018.04.03 Shared Research Inc. has produced this report by request from the company discussed in the report. The aim is to provide an “owner’s manual” to investors. We at Shared Research Inc. make every effort to provide an accurate, objective, and neutral analysis. In order to highlight any biases, we clearly attribute our data and findings. We will always present opinions from company management as such. Our views are ours where stated. We do not try to convince or influence, only inform. We appreciate your suggestions and feedback. Write to us at [email protected] or find us on Bloomberg. Research Coverage Report by Shared Research Inc. Nippon Parking Development / 2353 R LAST UPDATE: 2018.04.03 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp Coverage INDEX How to read a Shared Research report: This report begins with the trends and outlook section, which discusses the company’s most recent earnings. First-time readers should start at the business section later in the report. Key financial data ------------------------------------------------------------------------------------------------------------------------------------- 3 Recent updates ---------------------------------------------------------------------------------------------------------------------------------------- 4 Highlights ------------------------------------------------------------------------------------------------------------------------------------------------------------4
    [Show full text]
  • Kings Dominion Opens Season with New Mondial Thriller Delirium Is Second of Its Kind in North America AT: B
    INSIDE: Cedar Fair’s CEO bullish on Calif.’s Great America See page 51 TM & ©2016 Amusement Today, Inc. May 2016 | Vol. 20 • Issue 2 www.amusementtoday.com Immersive land raises the bar for park theming Harry Potter crowns makeover of Universal Studios Hollywood AT: Dean Lamanna capped, costume character- makeshift stage to officiate the [email protected] populated Hogsmeade Village. Wizarding World’s unveiling. The darkly majestic Hog- “Today is a very exciting UNIVERSAL CITY, Ca- warts Castle, set appropriately and historically significant day lif. — For thousands of Harry against an overcast sky, both for us,” Kurzweil said. “This Potter book and movie fans in loomed and beckoned — a incredible event to celebrate Southern California and be- brooding, 200-foot-tall magnet the opening of The Wizarding yond, the arrival of The Wiz- promising not only new ex- World of Harry Potter marks arding World of Harry Potter periences but the coming-true the pinnacle of years of hard at Universal Studios Holly- of so many popular fiction-in- 4See POTTER, page 8 wood (USH) happily ended spired dreams. five years of anticipation. Despite the cloud cover, it Hogwarts Castle — the In fact, many who were was clearly one of the sunni- 200-foot-tall centerpiece lucky to have purchased the est days in the career of Larry of The Wizarding World advance (and sold-out) tickets Kurzweil, president of USH. of Harry Potter — was had camped outside the park’s He could hardly contain his en- aglow with fireworks and entrance in hopes of being the thusiasm as he welcomed Harry lighting effects during its first to set foot inside the new Potter film stars Warwick Davis VIP preview on April 5.
    [Show full text]
  • Tokyo's New Era Begins
    DEC 2020-JAN 2021 Celebrating our 50th in 2020 TOKYO’S NEW ERA BEGINS Mori Art Museum’s director Mami Kataoka and other Tokyo luminaries look toward 2021 and beyond UNBRIDLED FASHION WINTER GETAWAYS BON VOYAGE JAPAN Tokyo’s international designers The best places to play in Japan Illustrator Jean Freund’s latest offering are champing at the bit this holiday season reinvents the travel book San'in Hot Springs An onsen which produces huge amounts of spring water of around 600 liters per minute. It is said that the name of the onsen was given because shirasagi, The Sanin Region's Winter Charm egrets in English, used to heal their wounds here in the olden days. Spring water is well-known for its The Sanin area in western Japan is a treasure trove of beautiful, mineral-rich medicinal effectiveness and is suitable for the “hot spring cure method”. There are three ryokan inns onsen that have long only been known to locals and true onsen enthusiasts that use this spring water where you can enjoy the hot springs that continue to flow 24 hours a day. Izumo, Shimane Tachikuekyo Hot Spring This onsen is located snug to the great valley Tachikuekyo, where 100-meter-tall rock pillars line the breathtaking gorge, which is designated as a National Site of Scenic Beauty. Take a bath with an up-close view of Tachikue Famous for its spectacular sunset views, this onsen resort faces the shores of Gorge in this dynamic open-air onsen that is held in high regards by all those Lake Shinji.
    [Show full text]
  • Best for Kids in Tokyo"
    "Best for Kids in Tokyo" Realizado por : Cityseeker 38 Ubicaciones indicadas Four Seasons Hotel Tokyo at Marunouchi "Boutique-Style Luxury" Directly accessible from JR Tokyo Station, Four Seasons Hotel Tokyo at Marunouchi offers a quiet luxurious accommodation in the heart of the bustling city. This hotel was selected as one of Top 25 Hotels in Japan by TripAdvisor's Travelers' Choice Award 2014, and provides spacious rooms, by Booking.com complimentary use of hot-spring baths and sauna in a spa, and a 24-hour fitness studio. Free WiFi and pick-up service from the station is available. The Four Seasons is a 5-minute walk from the Imperial Palace, and a 10-minute walk from downtown area Ginza. It is a 20-minute train ride away from Shibuya, Harajuku or historical Asakusa. Popular Tsukiji Fish Market and Akihabara are both within a 10-minute drive from the hotel. Stylish designer rooms at Marunouchi Four Seasons are decorated with chic furnishings to create a relaxing ambience. They are fitted with modern facilities like a 3D blu-ray built-in flat-screen TV, an accompanying surround-sound system and Bluetooth. The en suite bathroom includes a shower booth and a large bath tub. Guests can enjoy rejuvenating massages at the spa, and children can play free video games in the room. The hotel offers 24-hour concierge service and free-use bicycles. Pets can be accommodated with advance reservation. Opened in April 2015, the Motif Restaurant & Bar offers refined French cuisine with a "farm to table" concept, from early morning till midnight.
    [Show full text]
  • Hello, from of Tokyo, Hakone Or Kamakura Would Be a Great Option
    Hakone KamakuraUnlimited PassRides It doesn’t take much effort to discover a new place or pas- with time in Japan. If you are looking to explore something new outside Hello, from of Tokyo, Hakone or Kamakura would be a great option. A short, scenic railway journey would take you to dozens of sightseeing spots and fun attractions. It’s easy to get out of the city and into the fresh air. Admire the natural greenery on a ropeway ride or the hakone picturesque lake by cruise — both highly recommended! For this trip, I chose to use Odakyu’s “Hakone Kamakura And Pass” as it offers unlimited railway rides that are under the Oda- kyu Group in Hakone, Kamakura and Enoshima area for three days. Plus, you may also receive special discounts by showing your pass at specific tourism facilities. I find this pass is convenient kamakura and helpful for it saves me both money and time. via Odakyu Electric Railway Writer: Kataleya Pinyo...A travel writer for KIJI Magazine & Website, Kata- leya Pinyo is into independent bookstores and chic cafés, especially those designed with a palette of earth tones. She is also in love with traveling in Japan. Follow her on Instagram: @bobokp *KIJI is an online media and publication dedicated to featuring travel content in Japan, from Japanese food to art. A popular read in Thailand. Our three day trip with Hakone Kamakura Pass y exciting trip started in the outskirt of the Kanagawa Prefecture: M Hakone. Located not far from Tokyo, Hakone is only around 80 Day minutes from Shinjuku Station.
    [Show full text]
  • Tokyo by the Numbers
    TRAVEL | Tokyo Guide Japan’s most captivating city Tokyo by the Numbers 3.5 million Wards of Tokyo people go through Shinjuku station, the busiest train station in the world, daily. 160,000 restaurants. ¥3,500-¥7,000 is the average cost of a few hours’ stay at a Tokyo love hotel. 9.2 million is the population of the Tokyo metropolitan area. Recommended Districts and Wards of Tokyo 1. Akihabara & Asakusa 4. Edogawa - The annual 8. Shinjuku - Includes Tokyo’s (Taito) - The first is the anime Edogawa Fireworks, plus Tokyo red-light district Kabukicho, and electronics district, and the Sealife Park and the giant Ferris plus shopping, food and latter is home of Sensoji Temple wheel at Kasai Rinkai Park. entertainment. Visit Golden Gai and where you can discover old or Omoide Yokocho (Piss Alley) Japan. (Also hit up Ueno area for 5. Ikebukuro (Toshima) - for izakaya culture. big street-side markets.) Anime, shopping and a lot of cosplay. 9. Shinagawa - Skyscrapers, 2. Chiyoda - Imperial Palace Shinagawa station, plenty of and Tokyo station. Do row boats 6. Minato - Odaiba has a seaside bars and food, plus Shinagawa at Chidorigafuchi. Try yakitori entertainment center and Aquarium. (skewered chicken) under Roppongi district is your Yurakucho station. ultimate clubbing hangout. 10. Sumida - Home of Tokyo SkyTree, Sensoji Temple, Asahi 3. Chuo - High-end shopping at 7. Shibuya - Fashion and night- Beer Headquarters and Ginza (try Ginza Six), life district, plus the famous Nakamise Shopping Street. Top Nihonbashi area, or visit the "Shibuya Crossing.” Visit Yoyogi it all off with a walk along the Tsukiji fish market—though, it park and Harajuku, the youth Sumida River.
    [Show full text]