Decline in Air-Travel Demand Due to Deteriorating Public Safety, Terrorism and Natural Disasters
First written in FY2017. 1 of 4 entries say "Restated". Latest entry: FY2021.
Hiroshima Electric Railway moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
0 other companies' latest entry also says "Materialised".
- FY2021MaterialisedAnnual report
「In the air transportation agency business, both domestic and international flights were subject to unprecedented cancellations and reductions in service due to restrictions on customer travel resulting from COVID-19, among other factors, resulting in lower revenue.」
Restrictions on travel due to COVID-19 led to cancellations and service reductions on domestic and international flights, resulting in lower revenue in the air transportation agency business. - FY2019RaisedAnnual report
「In the air-transportation agency business, while contract terms with clients outsourcing operations are expected to become increasingly stringent, there are numerous external-factor risks, including geopolitical risks in East Asia, particularly North Korea and South Korea, and acts of terrorism.」
For the air transportation agency business, the company specifically identified East Asian geopolitical risks, particularly those involving North Korea and South Korea, in addition to general risks related to deteriorating public security, terrorism and natural disasters. - FY2018RestatedAnnual report
「If the number of travelers declines sharply and demand for air transportation falls substantially because of deteriorating public safety in Japan or overseas, terrorist attacks or large-scale natural disasters, this may affect the performance of the air-transportation agency business.」
The risk of lower traveler numbers and air-transportation demand resulting from deteriorating public safety, terrorism and natural disasters continues. - FY2017First statedAnnual report
「If the number of travelers declines sharply and demand for air transportation falls substantially because of deteriorating public safety in Japan or overseas, terrorist attacks or large-scale natural disasters, this may affect the performance of the air-transportation agency business.」
The company identifies lower traveler numbers and air-transportation demand resulting from deteriorating public safety, terrorism and large-scale natural disasters as risks specific to the air-transportation agency business.