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Tabikobo (6548) · FactOutbound travelers increased, but recovery remained gradual

Increase in the Number of Japanese Departures and Foreign Visitors to Japan and Recovery in Travel Demand

First written in FY2019-Q3. 10 of 23 entries say "Advanced", first in FY2019. Latest entry: FY2026.

23entries
8years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2019 – FY2020-Q3WorsenedFY2021 – FY2022OtherFY2023-Q2 – FY2024-Q1AdvancedFY2024-Q3 – FY20252019: 420192020: 420202021: 220212022: 220222023: 220232024: 320242025: 220252026: 42026
Same theme, other companies
Expansion of Overseas Travel, Inbound Travel and Global Tourism DemandA theme 27 companies write about · 0 as a headwind · 30 as a tailwind

Tabikobo moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.

The whole theme swung hardest in 2020: 5 of 12 companies on the "Worse" side.

12 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 27 companies compared. The sentences above are computed from all 27.
Full recordFilings, disclosures and news, newest first
  1. FY2026Outbound travelers increased, but recovery remained gradualAnnual report

    「The number of Japanese nationals departing the country from July 2025 to June 2026 was 15.06 million, up 9.0% year on year,* but the pace of recovery remained gradual.」

    The number of Japanese outbound travelers increased 9.0% year on year to 15.06 million, but the recovery in overseas travel demand remained gradual due to the weak yen, local prices, the situation in the Middle East and soaring fuel prices.
  2. FY2026-H1Inbound demand remains firm, while outbound demand recovery slowsAnnual report

    「In the travel industry, demand for inbound travel to Japan remained firm, while the recovery in outbound travel by Japanese nationals remained gradual, against a backdrop of continued yen depreciation and higher airfares and local prices.」

    The recovery in travel demand differed between inbound and outbound travel. Inbound demand was solid, while the recovery in Japanese demand for overseas travel was described as gradual.
  3. FY2025AdvancedAnnual report

    「In the travel industry, Japanese outbound travelers from July 2024 to June 2025 totaled 13.81 million*, up 17.0% year on year. Although the level before the spread of COVID-19 had still not been reached, the pace of recovery remained gradual and a steady recovery trend continued.」

    Japanese outbound travelers totaled 13.81 million, up 17.0% year on year, indicating further recovery in travel demand. However, the level before the spread of the pandemic had not yet been reached.
  4. FY2025-H1AdvancedAnnual report

    「The number of Japanese nationals departing the country from July to December 2024 was 7.20 million*, up 20.0% year on year. Although this was still 31.6% below the same period in 2019 and remained below pre-COVID-19 levels, the market continued to recover gradually.」

    Japanese outbound travelers totaled 7.20 million, up 20.0% year on year, indicating further recovery in travel demand. However, they were down 31.6% from the same period in 2019, and a full-scale recovery had not yet been achieved.
  5. FY2024AdvancedAnnual report

    「In the travel industry, the number of Japanese nationals departing the country from April to June 2024 was 13.74 million, up 122.0% year on year. Although this was still below pre-COVID-19 levels, the market continued to recover gradually.」

    Japanese outbound travelers totaled 13.74 million, up 122.0% year on year, representing further recovery from the 10.98 million recorded in the previous period. However, the level before the spread of the pandemic had not yet been reached.
  6. FY2024-Q4AdvancedAnnual report

    「Japanese outbound travelers from April 2023 to March 2024 totaled 10.98 million, up 158.2% year on year. Although this was still 39.4% below the level from April 2019 to March 2020 and a full-scale recovery had not yet been achieved, the market was on a gradual recovery trend.」

    Japanese outbound travelers totaled 10.98 million, up 158.2% year on year, indicating further progress in the recovery of overseas travel demand. However, they were down 39.4% from the same period in 2019, and the recovery remained underway.
  7. FY2024-Q3AdvancedAnnual report

    「In the travel industry, the number of Japanese nationals departing the country from April to December 2023 was 7.94 million, up 208.2% year on year. Although this was still 47.6% below the same period in 2019 and did not represent a full recovery, the market was gradually recovering following the easing of entry restrictions and other measures by countries around the world.」

    Japanese outbound travelers reached 7.94 million, up 208.2% year on year, representing further recovery from 1.93 million in the previous quarter. However, they were down 47.6% from the same period in 2019, and the market remained at a stage before a full-scale recovery.
  8. FY2024-Q1Outbound travelers recovered sharply but remained weak compared with 2019Annual report

    「The number of Japanese nationals departing the country from April to June 2023 was 1.93 million, up 346.1% year on year. Although this was still 58.1% below the same period in 2019 and did not represent a full recovery, the market was gradually recovering following the easing of entry restrictions and other measures by countries around the world.」

    Japanese outbound travelers recovered to 1.93 million, up 346.1% year on year, but were down 58.1% from the same period in 2019, indicating that the international travel market remained at a stage before a full-scale recovery.
  9. FY2023Overseas demand remains weak despite signs of recovery from eased travel restrictionsAnnual report

    「In the travel industry, travel and entry restrictions imposed by countries around the world in response to COVID-19 were gradually eased. The domestic travel market was on a recovery track, supported in part by the government's tourism support measures, while the international travel market had not reached a full-scale recovery and demand remained significantly depressed.」

    In contrast to the previous sharp declines in outbound travelers and international visitors to Japan, the easing of travel restrictions and the recovery trend in the domestic travel market were noted. Meanwhile, the international travel market had not reached a full-scale recovery, and the decline in demand continued.
  10. FY2023-Q2RestatedAnnual report

    「In the travel industry, some easing of travel restrictions and entry restrictions imposed by countries around the world in response to COVID-19 was seen, but the significant decline in travel demand continued.」

    Although some travel and entry restrictions were eased, the significant decline in travel demand continued.
  11. FY2022WorsenedAnnual report

    「In the travel industry, the significant decline in travel demand continued due to travel restrictions and entry restrictions in countries around the world. From January to December 2021, Japanese outbound travelers fell sharply to 510,000, down 83.9% year on year, while international visitors to Japan fell to 240,000, down 94.0%.」

    The decline in Japanese outbound travelers and international visitors to Japan continued, with full-year 2021 declines of 83.9% and 94.0%, respectively, from the previous year.
  12. FY2021WorsenedAnnual report

    「In the travel industry, the significant decline in travel demand continued due to travel restrictions and entry restrictions in countries around the world. From January to December 2020, Japanese outbound travelers fell sharply to 3.17 million, down 84.2% year on year, while international visitors to Japan fell to 4.11 million, down 87.1%.」

    The previous upward trend in Japanese outbound travelers and international visitors to Japan reversed, with full-year 2020 declines of 84.2% and 87.1%, respectively.
  13. FY2021-Q3RestatedAnnual report

    「In the travel industry, the sharp decline in travel demand has continued due to travel restrictions and entry restrictions imposed worldwide. From April to December 2020, the number of Japanese departures fell 98.7% year on year to 200,000, while inbound visitors to Japan fell 99.3% year on year to 170,000, representing substantial declines.」

    The sharp declines in Japanese outbound travelers and international visitors to Japan continued through the cumulative third quarter. The year-on-year declines were 98.7% for Japanese outbound travelers and 99.3% for international visitors to Japan.
  14. FY2021-Q2WorsenedAnnual report

    「In the travel industry, the sharp decline in travel demand has continued due to travel restrictions and entry restrictions imposed worldwide. From April to September 2020, the number of Japanese departures fell 98.9% year on year to 100,000, while inbound visitors to Japan fell 99.8% year on year to 30,000, representing substantial declines.」

    The numbers of Japanese outbound travelers and international visitors to Japan, previously described as increasing and recovering, declined by more than 98% year on year in the current six-month period due to the impact of the pandemic.
  15. FY2021-Q1WorsenedAnnual report

    「In the travel industry, travel demand has declined sharply due to travel restrictions and entry restrictions imposed worldwide. From April to June 2020, the number of Japanese departures fell 99.6% year on year to 20,000, while inbound visitors to Japan fell 99.9% year on year to 7,000, representing substantial declines.」

    The numbers of Japanese outbound travelers and international visitors to Japan, previously described as increasing and recovering, turned to declines of more than 99% year on year due to the impact of the pandemic.
  16. FY2020WorsenedAnnual report

    「The number of Japanese outbound travelers from April 2019 to March 2020 was 18.13 million, down 5.8% year on year, as travel restrictions and weaker demand following the global spread of COVID-19 from January 2020 had a significant impact. The number of international visitors to Japan also fell sharply to 27.76 million, down 12.2% year on year.」

    The numbers of Japanese outbound travelers and international visitors to Japan, previously described as increasing and recovering, turned down on a full-year basis due to the impact of COVID-19.
  17. FY2020-Q3AdvancedAnnual report

    「In the travel industry, the number of Japanese outbound travelers from April to December 2019 was 15.16 million, up 5.8% year on year, remaining strong. The number of international visitors to Japan was 23.82 million, up 1.1% year on year. Although the Korean market declined due to the impact of Japan–Korea relations, other markets remained solid against a backdrop that included increased airline seat capacity and the staging of the Rugby World Cup 2019 Japan.」

    Both Japanese outbound travelers and international visitors to Japan from April to December 2019 exceeded the year-earlier period. The Korean market declined, while other markets remained solid against a backdrop that included increased airline seat capacity.
  18. FY2020-Q2AdvancedAnnual report

    「In the travel industry, the number of Japanese outbound travelers from April to September 2019 was 10.14 million, up 8.1% year on year, remaining strong. The number of international visitors to Japan was 16.36 million, up 3.2% year on year, and remained solid, centered on the Chinese, North American, European and Australian markets, despite declines in some Asian markets.」

    The number of Japanese outbound travelers from April to September 2019 was 10.14 million, up 8.1% year on year, while the number of international visitors to Japan was 16.36 million, up 3.2%, indicating increased travel demand as a new six-month result.
  19. FY2020-Q1AdvancedAnnual report

    「In the travel industry, the number of Japanese outbound travelers from April to June 2019 was 4.62 million, up 11.1% year on year, as robust demand for overseas travel continued and the extended Golden Week holiday provided additional support. The number of international visitors to Japan was 8.57 million, up 3.6% year on year, maintaining an upward trend despite a slowdown in the growth rate.」

    Japanese outbound travelers totaled 4.62 million, up 11.1% year on year, while international visitors to Japan totaled 8.57 million, up 3.6%, with increases in overseas travel demand and inbound demand recorded as new quarterly results.
  20. FY2019AdvancedAnnual report

    「In the travel industry, the number of Japanese outbound travelers from April 2018 to March 2019 was 19.24 million, up 7.1% year on year, marking steady growth for 12 consecutive months against a backdrop that included an increase in airline seat capacity. The number of international visitors to Japan was 31.62 million, up 6.2% year on year, showing solid growth as inbound demand steadily recovered from the decline caused by natural disasters from summer through autumn.」

    The full-year numbers of both Japanese outbound travelers and international visitors to Japan exceeded the previous year. Japanese outbound travelers recorded positive growth for 12 consecutive months, while inbound demand was described as recovering from the impact of natural disasters.
  21. FY2019-Q3First statedAnnual report

    「In the travel industry, the number of Japanese departing the country from April to December 2018 increased 7.3% year on year to 14.33 million, marking 9 consecutive months of growth and remaining firm against a backdrop that included an increase in airline seat capacity. The number of international visitors to Japan increased 6.4% year on year to 23.57 million. Although inbound demand declined in September, particularly in East Asian markets, due to the effects of natural disasters, it subsequently showed a steady recovery trend.」

    The company identified increases in Japanese outbound travelers, international visitors to Japan and airline seat capacity as tailwinds for the travel industry, while describing the decline in inbound demand in East Asia caused by natural disasters and its subsequent recovery.
Moved together

"Growth in Sales and Profit and Enhancement of Corporate Value" moved the same way as this thread, in the same document, in 13 of its 23 moves.

131110766★123456
  1. ★This thread
  2. 1Growth in Sales and Profit and Enhancement of Corporate Value13×
  3. 2Decline in Travel Demand Caused by Infectious Diseases, Natural Disasters, Terrorism, Economic Conditions and Foreign-Exchange Fluctuations11×
  4. 3Management of Liquidity Risk Related to Financing10×
  5. 4Securing and developing outstanding talent and curbing employee turnover7×
  6. 5Financing Working Capital and Capital Expenditures Primarily with Internal Funds and Securing Liquidity6×
  7. 6Negative Net Assets and Decline in the Equity Ratio6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tabikobo yet. It last moved in the Earnings presentation of 2026-08-13: "Worsened".
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Increase in the Number of Japanese Departures and Foreign Visitors to Japan and Recovery in Travel Demand | TABIKOBO Co.Ltd. (6548) | Komori