Airlines and accommodation providers shifting to direct online sales
First written in FY2017. 14 of 16 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「To address this risk, we are working to provide value that cannot be obtained through direct sales, including the ability to plan products by combining travel components and the convenience of arranging an entire itinerary in one package. We are also working to maintain good relationships with suppliers so that sales through our group contribute to expanding their sales channels.」
In response to the shift by airlines, accommodation providers and others toward direct sales, the company continues to rely on the value added by product planning and comprehensive arrangements, as well as maintaining relationships with suppliers. - FY2025RestatedAnnual report
「As a response to this risk, we strive to maintain good relationships with suppliers and to increase customer trust in our services so that the suppliers' value is enhanced when our Group sells their products as an agent.」
In response to direct sales by airlines, accommodation providers and others, the Group continues to maintain relationships with suppliers and increase customer trust in its services. - FY2024RestatedAnnual report
「As a response to this risk, we strive to maintain good relationships with suppliers and to increase customer trust in our services so that the suppliers' value is enhanced when our Group sells their products as an agent.」
In response to direct sales by airlines, accommodation providers and others, the Group continues to maintain relationships with suppliers and increase customer trust in its services. - FY2023MitigatedAnnual report
「As a response to this risk, we strive to maintain good relationships with suppliers and to increase customer trust in our services so that the suppliers' value is enhanced when our Group sells their products as an agent.」
In response to the risk of airlines, accommodation providers and others shifting to direct sales, the Group identified maintaining relationships with suppliers and increasing customer trust in its services as measures, in addition to the added value created through bulk procurement and product assembly. - FY2021RestatedAnnual report
「As a travel company, our Group will continue to pursue revenue and profit growth by providing added value unavailable through direct sales, including cost advantages from the bulk procurement of travel products and the planning of more comprehensive tours by combining products according to the characteristics of each product and local conditions.」
The Group continues to respond to direct sales by airlines and accommodation providers through the added value created by bulk procurement and product assembly. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - FY2018RestatedAnnual report
「As a travel company, our Group will continue to pursue revenue and profit growth by providing added value unavailable through direct sales, including cost advantages from the bulk procurement of travel products and the planning of more comprehensive tours by combining products according to the characteristics of each product and local conditions.」
The Group continues to respond to direct sales by airlines, accommodation providers and local tour operators through the added value created by bulk procurement and combining travel products. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - 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 risk of airlines, accommodation providers and others shifting to direct online sales. - FY2017First statedAnnual report
「With the development of the internet in recent years, more airlines, accommodation providers and optional tour operators have begun selling directly to consumers.」
Although the Group intends to compete through the cost advantages of bulk procurement and the added value created by assembling products, it discloses that an increase in travelers preferring products sold directly by suppliers could affect results.