Impact on the travel business from the expansion of demonstrations in Hong Kong
First written in FY2020-Q2. 8 of 20 entries say "Worsened", first in FY2020. Latest entry: 2026-08-13.
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- 2026-08-13RestatedEarnings
「株式会社アップルワールドに関して、ユーザーサイドにおいては、国内旅行需要は堅調に推移している一方で、地政学的影響もあり、海外渡航需要はやや鈍化傾向にあります。」
海外渡航需要の鈍化傾向が継続して示される一方、国内旅行需要は堅調と記載された。 - FY2026WorsenedAnnual report
「At 株式会社アップルワールド, domestic travel demand has remained firm on the user side, while overseas travel demand has temporarily slowed due to geopolitical risks and other factors. On the client side, the leisure segment has remained subdued due to the impact of the weaker yen, while the business travel segment has remained relatively firm.」
Domestic travel demand and the business travel segment were described as firm or relatively firm, while a temporary slowdown in overseas travel demand due to geopolitical risks and other factors was newly disclosed. - FY2026-H1RestatedAnnual report
「At 株式会社アップルワールド, domestic travel demand has remained firm on the user side, while overseas travel demand has shown some weakness. On the client side, the leisure segment has remained subdued due to the impact of the weaker yen, while the business travel segment has remained relatively firm.」
Domestic travel demand and the business travel segment were described as firm or relatively firm, while continued weakness in overseas travel demand was disclosed. - FY2025RestatedAnnual report
「At 株式会社アップルワールド※, domestic travel demand has remained firm on the user side, while overseas travel demand has shown some weakness. On the client side, the leisure segment has remained subdued due to the impact of the weaker yen, while the business travel segment has remained relatively firm.」
Domestic travel demand and the business travel segment were described as firm or relatively firm, while the view that recovery in overseas travel demand is struggling to gain momentum continues. - FY2025-H1WorsenedAnnual report
「At 株式会社アップルワールド and 株式会社ティ・エス・ディ, domestic travel demand has remained firm on the user side, while recovery in overseas travel demand has been slowing. On the client side, the leisure segment has recovered gradually due to the impact of the weaker yen, while the business travel segment has remained relatively firm.」
Domestic travel demand and the business travel segment were described as firm or relatively firm, while a slowdown in the recovery of overseas travel demand was newly disclosed. - FY2024-Q3RestatedAnnual report
「For 株式会社アップルワールド and 株式会社ティ・エス・ディ, domestic travel demand has remained firm and overseas travel demand has been recovering gradually on the user side. On the client side, leisure travel has recovered gradually due to the weaker yen, while business travel has recovered relatively steadily.」
Domestic travel demand and overseas travel demand have continued to show strength and a recovery trend, respectively. The disclosure also cites the impact of the weaker yen in the leisure segment and a relatively steady recovery in the business travel segment. - FY2024-Q1MitigatedAnnual report
「For 株式会社アップルワールド and 株式会社ティ・エス・ディ, on the user side, domestic travel demand has remained firm, while overseas travel demand has recovered gradually in leisure travel due to the impact of the weaker yen and has recovered steadily in business travel. On the client side, travel agencies’ booking demand has been trending higher as the market recovers.」
For travel demand, domestic demand has remained firm, overseas corporate business travel has recovered, and demand for arrangements through travel agencies has increased, further easing the previously reported weakness in demand. - FY2023-Q3MitigatedAnnual report
「For 株式会社アップルワールド, on the user side, domestic travel demand has been recovering, while overseas travel demand has recovered to a limited extent, mainly in business travel, despite the impact of the weaker yen. On the client side, travel agencies’ booking demand has been trending higher as entry restrictions have been lifted and the overseas travel market has recovered.」
For travel demand, domestic demand has recovered, overseas corporate business travel has shown a limited recovery, and demand for arrangements through travel agencies has increased against a backdrop of the lifting of entry restrictions and other factors, partially easing the risk of declining demand. - FY2023-Q2MitigatedAnnual report
「For 株式会社アップルワールド, on the user side, domestic travel demand has been recovering, while overseas travel demand has recovered to a limited extent, mainly in business travel, despite the impact of the weaker yen. On the client side, travel agencies’ booking demand has been trending higher as entry restrictions have been lifted and the overseas travel market has recovered.」
Compared with the slowdown in travel demand recovery caused by variants and other factors reported in the previous filing, domestic demand has recovered, overseas corporate business travel has shown a limited recovery, and demand for arrangements through travel agencies has increased, partially easing the decline in travel demand. - FY2023-Q1Additional volatility in domestic travel demandAnnual report
「For 株式会社アップルワールド, on the user side, domestic travel demand has been recovering, but demand has been volatile and the situation remains somewhat unstable due to the increase in COVID-19 cases. Overseas travel demand has shown signs of recovery, mainly in business travel, as a path toward the phased easing of restrictions has emerged.」
While domestic travel demand continues to recover, demand volatility associated with the increase in infections was explicitly identified. Although overseas travel demand shows signs of recovery, travel demand remains unstable. - FY2022MitigatedAnnual report
「For 株式会社アップルワールド, on the user side, domestic travel demand has recently shown a gradual recovery despite the spread of the Omicron variant and the resulting calls to refrain from going out. Overseas travel demand has also shown signs of recovery, mainly in business travel, as a path toward gradual easing of restrictions has emerged.」
While travel demand risks from variants and other factors remain, domestic travel demand has shown a recovery and overseas corporate business travel has shown signs of recovery, partially easing the decline in demand. - FY2022-Q3WorsenedAnnual report
「The recovery trend has recently weakened due to the emergence of variants such as Omicron and related requests to refrain from going out. Similarly, although overseas travel demand had temporarily shown signs of recovery, its recovery has recently been delayed.」
Compared with the previously reported recovery in domestic travel demand and signs of recovery in overseas corporate business travel, the recovery of domestic demand has slowed due to variants and other factors, while the recovery of overseas travel demand has also been delayed. - FY2022-Q2MitigatedAnnual report
「At 株式会社アップルワールド, on the user side, domestic travel demand showed a gradual recovery following the lifting of the state of emergency at the end of September, despite its reissuance and extension during the second quarter. Demand for overseas travel also showed signs of a gradual recovery, mainly in corporate business travel.」
Compared with the previous decline in domestic travel demand and persistently low demand for overseas travel, domestic demand showed a gradual recovery and overseas corporate business travel showed signs of recovery, partially reducing the risk of declining demand. However, the disclosure states that the recovery remains gradual. - FY2022-Q1WorsenedAnnual report
「On the user side, domestic travel demand had shown a gradual recovery, but has been trending somewhat lower following the reissuance and extension of the state of emergency. Demand for overseas travel has continued to remain at a low level.」
While weak demand for overseas travel continues, domestic travel demand, which had been showing a gradual recovery, has also weakened following the reissuance and extension of the state of emergency. - FY2021-Q3WorsenedAnnual report
「In the travel sector, demand for overseas travel has remained at a low level. Although domestic travel demand had shown a gradual recovery through November, uncertainty in the external environment has increased recently with the spread of COVID-19.」
While weak demand for overseas travel continues, the external environment has become more uncertain as the domestic travel demand that had recovered through November was affected by the spread of the infection. - FY2020WorsenedAnnual report
「At 株式会社アップルワールド, cancellations of existing bookings and a decline in new bookings occurred for both business and leisure travel due to the impact of travel restrictions in Japan and other countries from February 2020.」
In addition to the impact of protests in Hong Kong, cancellations of travel bookings and a decline in new bookings actually occurred due to the spread of COVID-19 and travel restrictions. - FY2020-Q3RestatedAnnual report
「At アップルワールド, despite the impact of the expansion of protests in Hong Kong, we have strengthened relationships with suppliers and travel agencies and expanded our quotation service, among other measures, and are pursuing medium- to long-term growth through higher revenue and improved margins.」
The recognition of an impact from expanding protests in Hong Kong and the response measures taken in the travel business continued to be disclosed from the previous quarter. - FY2020-Q2MaterialisedAnnual report
「At アップルワールド, despite the impact of the expansion of protests in Hong Kong, we have strengthened relationships with suppliers and travel agencies and expanded our quotation service, among other measures, and are pursuing medium- to long-term growth through higher revenue and improved margins.」
The disclosure states that the travel business was actually affected by the expansion of protests in Hong Kong. Although the business risk section states that there were no material changes, the impact was specifically mentioned as an external factor in the performance analysis.