Sales concentration in the travel industry and changes in the competitive landscape
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「There are numerous domestic and overseas competitors in this field, and changes in the competitive environment, particularly involving overseas operators such as OTAs, are continuing.」
The company continues to identify revenue concentration in the travel and tourism industry and changes in the competitive environment, including domestic and overseas competitors and overseas OTAs, as risks. - FY2026-H1RestatedAnnual report
「During the six-month period, there were no material changes in the occurrence of major risks that management recognises as potentially having a material impact on the company’s financial position, results of operations or cash flow, among the matters concerning the business and accounting situation described in the semiannual report, nor were there any material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company stated that there were no material changes concerning revenue concentration in the travel industry and changes in the competitive environment. - FY2025First statedAnnual report
「There are numerous competitors in this field. In addition, because it is a growth market and barriers to entry cannot necessarily be considered high, overseas OTAs (Online Travel Agents) are entering the market and increasing their share.」
Travel-related services accounted for 77% of revenue in the fiscal year ended February 2025, and the entry and share gains of overseas OTAs are identified as competitive risks.