Oshidori International says it has become “cautious towards foreign investments” after its pulled out of the bidding process for an integrated resort license in Nagasaki prefecture.

Oshidori International has announced that it’s expecting to record profit topping HK$1.04 billion ($130 million) in 1H21, compared with a HKD3.7 million loss registered in the first half of 2020.

Oshidori International, which has partnered with Mohegan Sun, for an IR license in Nagasaki, has pulled out, citing "unreasonable" demands.

The final three operators vying to become Nagasaki Prefecture’s chosen IR partner have now presented their proposals to the prefectural review committee.

Facing crunch time as Nagasaki Prefecture nears its final selection of an IR operator partner, Oshidori International Development is making a big push through CSR policies to distinguish itself from its remaining rivals.

Oshidori International Development has announced the appointment of Moe Murakami to lead its local CSR efforts as the firm aims to win its bid to become Nagasaki’s IR partner against two rival bids.

Nagasaki authorities have announced that it has narrowed the field of bidders for a license down to three, choosing Casinos Austria, Oshidori Group and NIKI Chau Fwu.

Oshidori International Holdings is a Hong-Kong listed company, a bidder for an IR operating license in Nagasaki, Japan.

As part of its campaign to form a partnership with the prefectural government for IR development, Oshidori holdings has formed an official partnership agreement with V-Varen Nagasaki, a Japanese J2 League football club.

On deadline day for documents in Nagasaki’s RFP process, Mohegan Resorts and Entertainment has emerged as a partner for Hong Kong-listed Oshidori Holdings in what is shaping up to be Japan’s most hotly contested IR race.