Intensifying Competition in Online Travel Sales
First written in FY2016. 1 of 3 entries say "Worsened", first in FY2018. Latest entry: FY2019.
3 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The online travel sales market is expanding, attracting many entrants from a range of industries in addition to specialized travel-booking sites, including portal sites, e-commerce sites, travel agencies, railway companies and airlines, and competition is intensifying.」
Entry by companies from other industries into the online travel sales market and intensifying competition continue to be viewed as risks. - FY2018WorsenedAnnual report
「The online travel sales market is expanding, attracting many entrants from a range of industries in addition to specialized travel-booking sites, including portal sites, e-commerce sites, travel agencies, railway companies and airlines, and competition is intensifying.」
The description has changed to state that competition is intensifying, in addition to the entry of companies from other industries into the travel market. - FY2016First statedAnnual report
「The online travel sales market is expanding, attracting many entrants from a range of industries in addition to specialized travel-booking sites, including portal sites, e-commerce sites, travel agencies, railway companies and airlines.」
The company describes competition not only from travel-booking sites but also from companies in other industries, including portals, e-commerce, travel, railway and airline companies.