Competition with LCCs and the Shinkansen, and Airlines’ Facility Consolidation and Cost Reduction
First written in FY2017-Q1. 10 of 15 entries say "Restated". Latest entry: FY2022-Q2.
Airport Facilities moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「Airlines are pursuing route-network restructuring, stronger cooperation with LCCs, and cost reductions. Although the recovery in air travel demand remains uncertain, domestic flight frequencies are scheduled to increase as the lifting of the state of emergency is expected to boost travel.」
The company continues to describe airlines' route-network restructuring, stronger cooperation with LCCs, and cost-cutting efforts amid an uncertain recovery in air travel demand. It also notes plans to increase domestic flight frequencies. - FY2022-Q1RestatedAnnual report
「Although progress in vaccination is expected, travel and visits to family are expected to be curtailed during the Olympic and Paralympic Games and the summer vacation period, particularly in areas subject to states of emergency or priority measures to prevent the spread of disease. A rapid recovery in air travel demand is therefore not expected, and airlines and aviation-related companies continue to face a challenging business environment.」
The company indicates that a rapid recovery in air travel demand is not expected and that airlines and aviation-related companies will continue to face a challenging business environment. - FY2021-Q2WorsenedAnnual report
「As containing the infection completely remains difficult, the impact of COVID-19 is expected to persist, and airlines are pursuing further cost reductions.」
The company states that airlines are pursuing further cost reductions on the assumption that the impact of the infectious disease will be prolonged, indicating stronger competitive and cost pressures affecting airlines' facility demand and transaction environment. - FY2020-Q2WorsenedAnnual report
「Airlines are seeing passenger numbers increase as inbound tourism continues to grow steadily, but price competition is also intensifying. Amid concerns including volatile crude oil prices and foreign exchange fluctuations, they are introducing new aircraft, expanding their route networks, and strengthening their LCC businesses.」
The company states that price competition is intensifying even as passenger numbers increase, highlighting the increasingly challenging competitive environment surrounding airlines. - FY2020-Q1RestatedAnnual report
「Airlines face concerns including volatile crude oil prices and foreign exchange fluctuations. They continue working to improve their cost competitiveness while introducing new aircraft, expanding their route networks, and strengthening their LCC businesses.」
The company continues to describe a competitive environment in which airlines, amid crude oil prices and foreign exchange fluctuations, are working to improve cost competitiveness, introduce new aircraft, expand route networks, and strengthen LCC businesses. - FY2019RestatedAnnual report
「Concerns include pilot shortages, volatile crude oil prices, and foreign exchange fluctuations. Domestic airlines continue working to improve their cost competitiveness while introducing new aircraft, expanding their route networks, and strengthening their LCC businesses.」
The company continues to present the competitive environment, including pilot shortages, crude oil prices, foreign exchange fluctuations, and competition involving LCCs, as well as airlines' cost responses, as business-environment factors. - FY2019-Q3RestatedAnnual report
「Meanwhile, concerns including the pilot shortage, sharp fluctuations in crude oil prices, and foreign exchange rate movements remain. Domestic airlines are working to improve cost competitiveness while introducing new aircraft, expanding their route networks, and strengthening their low-cost carrier businesses.」
The company continues to describe airlines' competitive and cost responses, including strengthening their LCC businesses, amid pilot shortages, crude oil prices, and foreign exchange fluctuations. - FY2019-Q1RestatedAnnual report
「Domestic airlines continue working to improve their cost competitiveness while introducing new aircraft, expanding their route networks, and strengthening their LCC businesses.」
The company continues to describe a competitive environment in which airlines are strengthening their fleets, route networks, LCC businesses, and cost competitiveness. - FY2018RestatedAnnual report
「Domestic airlines continue working to improve their cost competitiveness while introducing new aircraft, expanding their route networks, and enhancing in-flight services.」
The company continues to describe an environment in which airlines are updating their fleets, expanding their route networks, enhancing services, and managing costs to improve competitiveness. - FY2018-Q3RestatedAnnual report
「As airlines continue to face a challenging competitive environment involving LCCs and Shinkansen, along with concerns about rising fuel prices, they are introducing new aircraft, expanding their route networks, enhancing in-flight services, and pursuing thorough cost management.」
The company continues to describe the challenging competitive environment involving LCCs and Shinkansen, as well as airlines' responses concerning aircraft, routes, services, and costs. - FY2018-Q2RestatedAnnual report
「As airlines continue to face a challenging competitive environment involving LCCs and Shinkansen, they are introducing new aircraft, expanding their route networks, enhancing in-flight services, and pursuing thorough cost management.」
The company continues to describe the challenging competitive environment involving LCCs and Shinkansen, as well as airlines' responses concerning aircraft, routes, services, and costs. - FY2018-Q1RestatedAnnual report
「Airlines face a challenging competitive environment due to the growing presence of LCCs in Japan and overseas and improvements to Shinkansen services. In response, they are introducing new aircraft, expanding their route networks, enhancing in-flight services, and pursuing thorough cost management.」
The company continues to describe the challenging competitive environment involving LCCs and Shinkansen, as well as airlines' responses concerning aircraft, routes, and costs. - FY2017-Q3WorsenedAnnual report
「The LCC market is expanding significantly both in Japan and overseas, creating a challenging competitive environment. Airlines are introducing new aircraft, expanding their networks, and pursuing every possible cost reduction measure.」
The company states that the significant expansion of the LCC market is sustaining competitive and cost-cutting pressure on airlines. - FY2017-Q2WorsenedAnnual report
「Fuel costs, which had appeared to bottom out, are beginning to rise slightly. In addition, the industry faces a challenging competitive environment in both international and domestic markets due to the growth of LCCs and competition with Shinkansen. Airlines are expanding their route networks, increasing their fleets of new aircraft with superior fuel efficiency, consolidating facilities, and pursuing every possible cost reduction measure.」
Amid continued competitive and cost pressures on airlines, the company states that fuel costs are beginning to turn upward after bottoming out, indicating that the business environment is becoming more challenging. - FY2017-Q1First statedAnnual report
「The industry faces a challenging competitive environment in both international and domestic markets due to the growth of LCCs and competition with Shinkansen. Airlines are expanding their route networks, increasing their fleets of new aircraft with superior fuel efficiency, consolidating facilities, and pursuing every possible cost reduction measure.」
The company identifies airlines' facility consolidation and cost-cutting efforts, driven by competition from LCCs and Shinkansen, as a new business-environment risk factor.