Increase in Domestic and Inbound Travel Spending
First written in FY2019-Q1. 1 of 21 entries say "Softened", first in FY2019-Q2. Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 5 of 12 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2026-H1Continued growth in inbound visitorsAnnual report
「In addition, the number of visitors to Japan in January–June 2026 was approximately 21.08 million, with the cumulative total through June exceeding 20 million for the second consecutive year (Source: Japan National Tourism Organization (JNTO)), and inbound demand has remained firm.」
The number of inbound visitors reached approximately 21.08 million in the first half of 2026, exceeding 20 million in the first-half cumulative total for the second consecutive year. - FY2025-H1Continued growth in inbound visitorsAnnual report
「In addition, the number of visitors to Japan in January–June 2025 was approximately 21.58 million, more than 3.7 million above the same period in 2024, surpassing 20 million in the first 6 months, the fastest pace on record (Source: Japan National Tourism Organization (JNTO)), and inbound demand has remained firm.」
The number of inbound visitors exceeded the same period in 2024 by more than 3.7 million, entering a growth trend that saw the six-month total surpass 20 million. - FY2024Continued growth in inbound visitorsAnnual report
「In addition, the number of visitors to Japan in January–December 2024 was approximately 36.86 million, exceeding the annual total for the previous year (Source: Japan National Tourism Organization (JNTO)), and inbound demand has remained firm.」
The number of inbound visitors exceeded the previous year, indicating that the recovery phase had developed into continued annual growth. - FY2024-H1Inbound visitor numbers continue to exceed pre-COVID levelsAnnual report
「The number of inbound visitors reached approximately 17.77 million in January-June 2024, or 108.9% of the same period in 2019, exceeding pre-COVID levels (source: Japan National Tourism Organization (JNTO)), and inbound demand continued to perform steadily.」
The number of inbound visitors reached 108.9% of the same period in 2019, exceeding pre-COVID levels. - FY2024-Q1Inbound visitor numbers exceed pre-COVID levelsAnnual report
「The number of visitors to Japan in January–March 2024 was approximately 8.55 million, exceeding the pre-pandemic level at 106.3% of the same period in 2019 (Source: Japan National Tourism Organization (JNTO)), and inbound demand has remained firm.」
The number of inbound visitors reached 106.3% of the same period in 2019, exceeding pre-COVID levels. - FY2023Progress in the recovery of annual inbound visitorsAnnual report
「The annual number of inbound visitors in 2023 was 25,066,100. In cumulative annual terms, the figure recovered to 78.6% of the 2019 level, or approximately 80%.」
The number of inbound visitors recovered sharply following the lifting of border control measures, returning to approximately 80% of the 2019 level on a cumulative annual basis. - FY2023-Q3Progress in the recovery of inbound visitorsAnnual report
「The number of foreign visitors to Japan in January–September 2023 increased 1,588.9% year on year (Source: Japan National Tourism Organization (JNTO)), recovering to a level 28.8% below the same period in 2019, or approximately 70% of the pre-pandemic level.」
The number of foreign visitors to Japan increased year on year, and recovery from the same period in 2019 progressed, but the figure remained below that level. - FY2023-Q2Inbound visitor recovery progresses but remains below 2019 levelsAnnual report
「The number of foreign visitors to Japan in January–June 2023 increased 2,010.2% year on year (Source: Japan National Tourism Organization (JNTO)), recovering to a level 35.6% below the same period in 2019.」
The number of inbound visitors increased substantially year on year, and the decline from the same period in 2019 narrowed, but it had not returned to previous travel demand levels. - FY2023-Q1Inbound visitors surge but remain below 2019 levelsAnnual report
「The number of visitors to Japan in January–March 2023 increased 4,661.4% year on year (Source: Japan National Tourism Organization (JNTO)) on the back of stronger demand for travel to Japan and the resumption of cruise ship operations, recovering to a level 40.5% below the same period in 2019.」
Although the number of inbound visitors rose sharply year on year, it was still down 40.5% from the same period in 2019 and had not returned to previous demand levels. - FY2022Up year on year but still below 2019 levelsAnnual report
「The number of visitors to Japan in 2022 increased 1,458.6% year on year (Source: Japan National Tourism Organization (JNTO)), but was down 88.0% from the same period in 2019 (Source: Japan National Tourism Organization (JNTO)), and inbound spending has not yet recovered.」
The number of inbound visitors turned upward year on year, but remained substantially below 2019 levels and had not returned to the previous growth trend in travel demand. - FY2022-Q3Up year on year but still below 2019 levelsAnnual report
「The number of foreign visitors to Japan increased 438.5% year on year in January-September 2022 (source: Japan National Tourism Organization (JNTO)), but was still down 95.8% from the same period in 2019 (source: Japan National Tourism Organization (JNTO)), and inbound spending had not yet recovered.」
Although inbound visitor numbers turned upward year on year, they remained substantially below the same period in 2019 and had not returned to the previous growth trend in travel demand. - FY2022-Q2Up year on year but still below 2019 levelsAnnual report
「The number of foreign visitors to Japan in January–June 2022 increased 427.1% year on year (source: Japan National Tourism Organization (JNTO)), but was still down 96.9% from the same period in 2019 (source: Japan National Tourism Organization (JNTO)), and inbound spending had not yet recovered.」
Although the number of foreign visitors to Japan turned upward year on year, it remained substantially below the same period in 2019, and inbound spending had not recovered. - FY2022-Q1Up year on year but still below 2019 levelsAnnual report
「The number of foreign visitors to Japan in January–March 2022 increased 52.1% year on year (source: Japan National Tourism Organization (JNTO)), but was still down 98.8% from the same period in 2019 (source: Japan National Tourism Organization (JNTO)), and inbound spending had not yet recovered.」
Although the number of foreign visitors to Japan turned upward year on year, it remained substantially below the same period in 2019, and inbound spending had not recovered. - FY2021Continued sharp decline in inbound visitorsAnnual report
「The number of foreign visitors to Japan in 2021 fell 94.0% from 2020 (source: 2021 Japan National Tourism Organization (JNTO)), and there was no clear prospect of a recovery.」
The market environment remained characterized by a sharp decline in inbound visitors and an uncertain recovery outlook, replacing the previous market environment based on continued inbound visitor growth. - FY2021-Q2Continued sharp decline in inbound visitorsAnnual report
「The number of foreign visitors to Japan in January–June 2021 fell 97.6% year on year (source: Japan National Tourism Organization (JNTO)), and inbound spending also weakened.」
The substantial decline from the previous growth trend in inbound visitors continued, with the number of foreign visitors to Japan down 97.6% year on year. - FY2021-Q1Continued sharp decline in inbound visitorsAnnual report
「The number of foreign visitors to Japan in January–March 2021 fell 98.3% year on year (source: Japan National Tourism Organization (JNTO)), and inbound spending also weakened.」
The number of foreign visitors to Japan fell 98.3% year on year in January-March 2021, a continuation of the shift from the previous growth trend in inbound visitors to a substantial decline. - FY2020-Q3Sharp decline in inbound visitors and weakening inbound spendingAnnual report
「The number of foreign visitors to Japan in January–September 2020 fell 83.7% year on year (source: Japan National Tourism Organization (JNTO)), and inbound spending also weakened.」
The number of foreign visitors to Japan decreased by 83.7% year on year, marking a sharp shift from the previous growth trend in inbound visitors to a substantial decline. - FY2019Inbound visitor growth accompanied by an uncertain outlookAnnual report
「The number of inbound visitors in 2019 increased by 2.2% from 2018 (source: Japan National Tourism Organization (JNTO)), and the Company also expects inbound spending to grow.」
Although the number of inbound visitors increased, uncertainty in the business environment grew due to labor shortages, natural disasters, the consumption tax increase and COVID-19, among other factors. - FY2019-Q3Shift in travel demand by country and regionAnnual report
「The company's operating environment was affected by various factors, including a slight decline in travel spending by Japanese people, an increase in travel spending by visitors from Europe, the United States and Australia, a sharp decline in South Korean tourists due to deteriorating Japan–South Korea relations, a shift in foreign tourists' spending from goods in major cities to experiences in regional areas, natural disasters and adverse weather.」
The disclosure described several changes from the previous growth trend in travel spending: a slight decline in domestic travel spending, increased travel spending by visitors from Europe, the United States and Australia, a decline in Korean tourists, and a shift in spending from urban areas to regional areas. - FY2019-Q2SoftenedAnnual report
「Despite the upcoming Tokyo 2020 Olympics, neither growth in the number of inbound visitors nor an increase in per-capita spending can be viewed optimistically, due to the deterioration in Japan-South Korea relations, described as the worst since the end of World War II, and the impact of the stronger yen.」
A cautious view was expressed on inbound visitor numbers and per-capita spending, despite the growth trend in travelers and travel spending indicated in the previous quarter. - FY2019-Q1First statedAnnual report
「The yen's depreciation led to increases in both domestic travel by Japanese people and inbound travel by foreign visitors, and travel spending increased substantially. We expect this trend to continue for the time being, as a succession of major international events, including the Rugby World Cup, the Olympics and world expos, will be held in Japan.」
The market environment showed continued growth in domestic travelers, inbound visitors and travel spending, driven by the yen's depreciation and major events.