This is "old" news that may not be correct...and I cant access the story from Finacial Standard..
"Tuesday, 10 Aug 2004
MFS buys Japanese resort
Queensland-based diversified financial services group MFS, which took control of Victorian ski resorts Falls Creek and Mt Hotham in May, on Monday unveiled a multi-million dollar plan to build an 8000 bed ski resort in Japan. "
The Japanese have developed their Ski Tourist attraction well..