Lower Profitability Due to Reduced Distribution of Discounted Air Tickets
First written in FY2019. 7 of 9 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address this risk, we are pursuing measures to improve the contribution margin, including reducing personnel hours through system improvements, in order to minimize the impact on results of operations if the availability of discounted airfares declines significantly and we are unable to secure a sufficient supply.」
The company continues to address the risk of lower profitability from reduced availability of discounted airfares through measures to reduce work hours and improve the contribution margin by improving its systems. - FY2024RestatedAnnual report
「To address this risk, we are pursuing measures to improve the contribution margin, including reducing personnel hours through system improvements, in order to minimize the impact on results of operations if the availability of discounted airfares declines significantly and we are unable to secure a sufficient supply.」
The company continues to address the risk of lower profitability from reduced availability of discounted airfares through measures to reduce work hours and improve the contribution margin by improving its systems. - FY2023MitigatedAnnual report
「To address this risk, we are pursuing measures to improve the contribution margin, including reducing personnel hours through system improvements, in order to minimize the impact on results of operations if the availability of discounted airfares declines significantly and we are unable to secure a sufficient supply.」
In response to the risk of lower profitability from reduced availability of discounted airfares, the company identified reductions in personnel hours through system improvements and improvement of the contribution margin as countermeasures. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes were identified regarding the risk of lower profitability due to reduced availability of discounted airfares. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No significant changes were identified regarding the risk of lower profitability due to reduced availability of discounted airfares. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes were identified regarding the risk of lower profitability due to reduced availability of discounted airfares. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
No significant changes were identified regarding the risk of lower profitability due to reduced availability of discounted airfares. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
No significant changes were identified regarding the risk of lower profitability due to reduced availability of discounted airfares. - FY2019First statedAnnual report
「We seek to improve profitability by handling various discounted airfares offered at prices below regular fares. However, if changes in the policies of airlines or other factors cause the availability of these discounted airfares to decline significantly and prevent us from securing a sufficient supply, our business and results of operations may be affected.」
While the company uses discounted airfares as a means of improving profitability, it disclosed for the first time the risk that changes in airline policies or other factors could prevent it from securing a sufficient supply.