Risk of Higher Fuel Costs Due to Rising Crude Oil Prices and Yen Depreciation
First written in FY2017-Q3. 6 of 9 entries say "Restated". Latest entry: FY2020-Q2.
1 other company's latest entry also says "Restated".
- FY2020-Q2RestatedAnnual 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.」
Unstable movements in crude oil prices and foreign exchange volatility are reaffirmed as continuing concerns 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.」
Unstable movements in crude oil prices and foreign exchange volatility are identified as continuing concerns regarding airlines' cost competitiveness. - FY2019RestatedAnnual report
「In addition, concerns remain, including pilot shortages, sharp fluctuations in crude oil prices and foreign exchange volatility」
Sharp fluctuations in crude oil prices and foreign exchange volatility are identified as continuing concerns for the aviation industry. - FY2019-Q3RestatedAnnual report
「Meanwhile, concerns remain, including pilot shortages, sharp fluctuations in crude oil prices and foreign exchange volatility」
Although fluctuations in crude oil prices and foreign exchange rates continue to be identified as concerns for the aviation industry, this statement does not describe any new actual impact on fuel expenses. - FY2019-Q2MaterialisedAnnual report
「In addition, higher crude oil prices have increased fuel expenses, and domestic airlines continue efforts to improve cost competitiveness while introducing new aircraft, expanding their route networks and strengthening their LCC businesses.」
Higher fuel expenses resulting from rising crude oil prices are identified as an actual cost factor for airlines, indicating that the previous concern has materialized. - FY2019-Q1WorsenedAnnual report
「Global uncertainty continues, including higher crude oil prices and interest rates and volatility in foreign exchange markets, raising concerns about the impact on Japan's economy.」
In addition to the previous concerns over volatility in crude oil prices, interest rates and foreign exchange markets, the statement explicitly identifies higher crude oil prices and interest rates, indicating growing concerns over costs and financial conditions. - FY2018RestatedAnnual report
「Global uncertainty continues, including volatility in crude oil prices, interest rates and foreign exchange markets」
Uncertainty in the external environment, including volatility in crude oil prices, continues to be identified as a risk factor. - 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.」
Although it continues to indicate concerns over higher fuel prices, the current quarter's text does not state that any specific increase has actually occurred. - FY2017-Q3First statedAnnual report
「The rise in crude oil prices resulting from the OPEC production cut agreement, together with the weak yen, is expected to increase fuel costs going forward.」
Against a backdrop of higher crude oil prices resulting from the OPEC production cut agreement and the weak yen, the statement explicitly identifies higher fuel costs going forward as a new business-environment risk.