Stagnation in the Adoption of E-Commerce and Regulatory Risk
First written in FY2017. 13 of 17 entries say "Restated". Latest entry: FY2026.
Tabikobo moved to the "Worse" side of this theme in 2022.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In particular, the Japanese electronic commerce market for travel services reached ¥3.5249 trillion in 2024, up 10.32% year on year, making it the largest market in the services segment of electronic commerce.」
The company continues to disclose the expansion of the electronic commerce market for travel services as a growth opportunity, while also disclosing the ongoing risks of new regulations, changes in devices and purchasing behavior, and stalled adoption due to unforeseen factors. - FY2025RestatedAnnual report
「The e-commerce market for travel services in Japan was ¥2.3518 trillion in 2022, up 67.95% year on year. Internet usage in the travel market had already been relatively high, with the proportion of online sales increasing annually, and the pandemic accelerated changes in purchasing behavior.」
The expansion of the e-commerce market for travel services is viewed as a growth opportunity, while the disclosure continues to address the risk that new regulations or unforeseen factors could impede adoption. - FY2024MitigatedAnnual report
「The e-commerce market for travel services in Japan was ¥2.3518 trillion in 2022, up 67.95% year on year. Internet usage in the travel market had already been relatively high, with the proportion of online sales increasing annually, and the pandemic accelerated changes in purchasing behavior.」
The e-commerce market for travel services increased 67.95% year on year in 2022, demonstrating a recovery from the market contraction during the pandemic. However, the risk that new regulations or unforeseen factors could impede adoption remained. - FY2023MaterialisedAnnual report
「The e-commerce market for travel services in Japan was ¥1.4003 trillion in 2021, down 9.62% year on year. Although it had declined since 2020 due to the impact of COVID-19, it remained the largest market within the services sector's e-commerce industry.」
The e-commerce market for travel services declined 9.62% year on year in 2021, confirming the continued contraction caused by the pandemic. It remained the largest market in the services sector's e-commerce industry. - FY2022MaterialisedAnnual report
「The e-commerce market for travel services in Japan was ¥3.8971 trillion in 2019, up 4.80% year on year, and ¥1.5494 trillion in 2020, down 60.24% year on year. Although the market fell sharply in 2020 due to the impact of COVID-19, it remained the largest market within the services sector's e-commerce industry.」
While the expansion of e-commerce is viewed as a growth opportunity, the travel services market fell 60.24% year on year due to the impact of COVID-19, demonstrating that the risk of stagnating adoption had materialized. - FY2021RestatedAnnual report
「The e-commerce market for travel services in Japan was on an expansionary trend, reaching ¥3.7186 trillion in 2018 and ¥3.8971 trillion in 2019, up 4.80% year on year. It was the largest market within the services sector's e-commerce industry.」
The expansion of e-commerce for travel services is viewed as a growth opportunity, while the disclosure continues to address the risk that new regulations or unforeseen factors could impede adoption. - 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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - 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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - 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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - 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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - 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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - FY2019-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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - FY2018RestatedAnnual report
「The e-commerce market for travel services in Japan was on an expansionary trend, reaching ¥3.0393 trillion in 2016 and ¥3.3742 trillion in 2017, up 11.0% year on year. It was the largest market within the services sector's e-commerce industry.」
While the expansion of e-commerce is viewed as a growth opportunity, the disclosure continues to address the potential impact if new regulations or unforeseen factors impede the adoption of online sales. - FY2018-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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - FY2018-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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - FY2018-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 material changes were reported regarding the risks of stagnating e-commerce adoption and regulatory changes. - FY2017First statedAnnual report
「Because our Group's travel products are sold primarily online, the expansion of e-commerce is expected to contribute to our future growth. However, if the adoption of online travel sales does not progress as expected due to the introduction of new e-commerce regulations or unforeseen factors, this could affect our Group's business and results of operations.」
While the e-commerce market for travel services was reported at ¥2.885 trillion in 2015, up 9.7% year on year, the disclosure identifies stagnation in adoption and new regulations as risks.