However, the opening of the ski slope came shortly after the end of the Japanese asset price bubble, and original estimates soon proved too optimistic, with the number of visitors dropping from one million in the first year to 700,000 in the second.
The timing of the ski resort's opening coincided with the aftermath of Japan's asset price bubble bursting, and the initial estimates were overly optimistic, resulting in a significant decline in visitor numbers from one million in the first year to 700,000 in the second.