SSAWS
Encyclopedia
SSAWS, pronounced and officially known as , was an indoor ski slope
Indoor ski slope
Indoor ski slopes are found in several countries, proving a climate controlled environment can be maintained in which snow can be manufactured using a snow cannon, enabling skiing and snowboarding to take place year-round.-Notable mentions:...

 in Funabashi, Chiba
Funabashi, Chiba
is a city located in northwestern Chiba Prefecture, Japan. As of February 2011, the city had an estimated population of 609,157 and a population density of 7110 persons per km². The total area was 85.64 km². It is the 7th most populous city in Greater Tokyo....

, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

. The name was an acronym of "Spring Summer Autumn Winter Snow".

Constructed by Mitsui
Mitsui
is one of the largest corporate conglomerates in Japan and one of the largest publicly traded companies in the world.-History:Founded by Mitsui Takatoshi , who was the fourth son of a shopkeeper in Matsusaka, in what is now today's Mie prefecture...

 at a cost of US$400 million, the ski slope opened on July 15, 1993. With a structural height of 100 meters (translating to a skiable vertical drop of 80 m), a width of 100 m and a length of 500 m, it was the largest indoor ski slope in the world at the time. The complex had three ski courses—20.1° for skilled skiers, 15° for intermediate, and 10° for beginners — and two ski lifts.

The ski slope was designed to break even by 2018 by attracting 1.3 million visitors yearly, who would pay ¥4,300 (~US$50) for 2 hours of lift time and spend a total of $70 on average. However, the opening of the ski slope came shortly after the end of the Japanese asset price bubble
Japanese asset price bubble
The was an economic bubble in Japan from 1986 to 1991, in which real estate and stock prices were greatly inflated. The bubble's collapse lasted for more than a decade with stock prices initially bottoming in 2003, although they would descend even further amidst the global crisis in 2008. The...

, 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. With an annual operating cost of US$40 million, SSAWS sustained losses averaging US$16.7 million/year.

SSAWS closed on September 30, 2002. In 2003, the structure was demolished to make way for Japan's first large-format IKEA
IKEA
IKEA is a privately held, international home products company that designs and sells ready-to-assemble furniture such as beds and desks, appliances and home accessories. The company is the world's largest furniture retailer...

store, which opened on the site on April 24, 2006.

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