Komori
Eurasia Travel (9376) · RiskMaterialisedLatest Results (2026-11-06): "Mitigated"

Suspension of tours and decline in demand due to overseas political conditions, wars, conflicts, natural disasters and other factors

First written in FY2016. 19 of 28 entries say "Restated". Latest entry: 2026-11-06.

28entries
11years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019RestatedFY2020 – FY2021-Q3RestatedFY2022-Q3 – FY2022RestatedFY2024-Q2 – FY2025-H12016: 12017: 420172018: 420182019: 420192020: 220202021: 120212022: 320222023: 020232024: 220242025: 120252026: 62026
Same theme, other companies
外部災害・紛争による旅行需要減少・ツアー催行停止リスクA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

Eurasia Travel moved to the "Worse" side of this theme in 2026.

1 other company's latest entry also says "Mitigated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MaterialisedAnnual report

    「Although some tours were cancelled due to the impact of the attacks on Iran by the United States and other countries on 28 February 2026, operating revenue for the cumulative interim consolidated period under review increased 11.2% year on year.」

    Regarding the risk of tour cancellations due to war and conflict overseas, it states that some tours were actually cancelled following the attacks on Iran. Additional costs were also incurred for customers’ safe return home.
  2. FY2025-H1RestatedAnnual report

    「There were no material changes or newly arising matters during the interim consolidated accounting period under review.」

    It states that there were no material changes or newly arising matters in the existing risk profile, including overseas conditions and geopolitical risks.
  3. FY2024-Q2RestatedAnnual report

    「There were no material changes or newly arising matters during the cumulative second quarter under review.」

    It states that there were no material changes or newly arising matters relating to business and other risks. The risk profile, including overseas conditions and geopolitical risks disclosed through the previous quarter, continues.
  4. FY2024-Q1WorsenedAnnual report

    「As a full recovery in overseas travel revenue is expected, we are increasing advertising and promotional expenses and actively recruiting personnel, while closely monitoring the impact of the destabilization of the situation in the Middle East and other factors on overseas travel demand. We will remain mindful of geopolitical risks worldwide and continue striving to provide safe and secure travel.」

    In addition to the existing overseas political and geopolitical risks, the impact of the destabilization of the situation in the Middle East on overseas travel demand is newly detailed.
  5. FY2022RestatedAnnual report

    「The company plans and sells overseas travel. If the safety of overseas regions is compromised, its financial results and other matters may be affected by measures such as canceling travel operations that had originally been planned. Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and potentially affecting financial results and other matters.」

    The risk of overseas political conditions, war, conflict, terrorism, natural disasters and other factors causing tour cancellations and declining demand continues to be disclosed for the full year.
  6. FY2022-Q3RestatedAnnual report

    「In addition, the yen’s depreciation against the backdrop of interest-rate differentials between Japan and other countries, as well as Russia’s invasion of Ukraine, continued.」

    The explanation that the yen’s depreciation and Russia’s invasion of Ukraine continued is also maintained.
  7. FY2022-Q2WorsenedAnnual report

    「In addition, the yen continued to weaken in March 2022 against the backdrop of interest-rate differentials between Japan and other countries, while concern grew over the impact of Russia’s invasion of Ukraine on the global economy.」

    In connection with the existing risks relating to war and conflict overseas, the disclosure newly refers to Russia’s invasion of Ukraine and concern over its impact on the global economy.
  8. FY2021-Q3RestatedAnnual report

    「For our group, the Ministry of Foreign Affairs issued a Level 2 danger advisory for the entire world on 25 March 2020 (“Please refrain from nonessential and nonurgent travel”), making it impossible to operate overseas tours from Japan.」

    Regarding the risk of being unable to operate tours and of declining demand if overseas safety deteriorates, the inability to operate tours due to the novel coronavirus infection continues.
  9. FY2020RestatedAnnual report

    「The company plans and sells overseas travel. If the safety of overseas regions is compromised, its financial results and other matters may be affected by measures such as canceling travel operations that had originally been planned. Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and potentially affecting financial results and other matters.」

    The risk of tour cancellations and declining demand due to overseas political conditions, war, conflict, terrorism, natural disasters and other factors continues to be disclosed. The impact of the novel coronavirus is detailed separately.
  10. FY2020-Q2MaterialisedAnnual report

    「Following the global spread of the novel coronavirus, sales and profit declined sharply in March 2020. On 25 March, however, the Ministry of Foreign Affairs issued a Level 2 infectious-disease danger advisory for the entire world (“Please refrain from nonessential and nonurgent travel”), making it impossible to operate overseas tours from Japan.」

    Regarding the existing risk that travel operations and demand may be affected if overseas safety deteriorates, it states that the spread of the novel coronavirus actually resulted in declining sales and profit and made it impossible to operate overseas tours.
  11. FY2019RestatedAnnual report

    「The company plans and sells overseas travel. If the safety of overseas regions is compromised, its financial results and other matters may be affected by measures such as canceling travel operations that had originally been planned. Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and potentially affecting financial results and other matters.」

    The risk of tour cancellations and declining demand due to overseas political conditions, war, conflict, terrorism, natural disasters and other factors continues to be disclosed. The business results explanation also indicates a reduced impact and demand recovery.
  12. FY2019-Q3RestatedAnnual report

    「Our group has been affected by declining operating revenue due to heightened geopolitical risks in Europe, the Middle East and elsewhere, following reports of the extremist activities of ISIL (the so-called “Islamic State”). Meanwhile, during the cumulative third quarter under review, the fact that Golden Week became a 10-day holiday for the first time in history had a significant demand-stimulating effect, and our group also saw a special-demand effect during the period.」

    The impact of declining operating revenue due to overseas geopolitical risks continues to be disclosed. It also explains that demand was stimulated and special-demand effects were seen as a result of the first 10-day holiday in history.
  13. FY2019-Q2RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere. During the second quarter consolidated cumulative period, demand showed signs of a gradual recovery year on year.」

    The impact of declining operating revenue due to overseas geopolitical risks continues to be disclosed, while explaining that travel demand is gradually recovering year on year.
  14. FY2019-Q1RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe and the Middle East. During the first quarter consolidated cumulative period, the impact was gradually diminishing year on year, and demand was showing signs of a gradual recovery.」

    The impact of declining operating revenue due to overseas geopolitical risks, along with the reduced impact year on year and the trend toward demand recovery, continues to be disclosed.
  15. FY2018RestatedAnnual report

    「The company plans and sells overseas travel. If the safety of overseas regions is compromised, its financial results and other matters may be affected by measures such as canceling travel operations that had originally been planned. Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and potentially affecting financial results and other matters.」

    The risk of tour cancellations and declining demand due to overseas political conditions, war, conflict, terrorism, natural disasters and other factors continues to be disclosed as a formal risk item.
  16. FY2018-Q3RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere. During the third quarter consolidated cumulative period, demand showed signs of a gradual recovery year on year, but higher costs due to exchange-rate movements and rising fuel surcharges as a proportion of airfares resulted in a slight increase in revenue and a decline in profit.」

    The company continues to describe the impact of overseas geopolitical risks on operating revenue and the gradual recovery trend in demand.
  17. FY2018-Q2RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere. During the second quarter consolidated cumulative period, demand showed signs of a gradual recovery year on year, but higher costs due to exchange-rate movements and rising fuel surcharges as a proportion of airfares resulted in a slight increase in revenue and a decline in profit.」

    The company continues to describe the impact of overseas geopolitical risks on operating revenue and the gradual recovery trend in demand.
  18. FY2018-Q1RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe and the Middle East. During the first quarter consolidated cumulative period, demand showed signs of a gradual recovery compared with the year-earlier period.」

    The company continues to describe the impact of reduced operating revenue resulting from geopolitical risks in Europe, the Middle East and elsewhere, while indicating a gradual recovery in demand compared with the same period of the previous year.
  19. FY2017RestatedAnnual report

    「Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and potentially affecting financial results and other matters.」

    The company continues to formally identify the risk of canceled travel operations and reduced demand resulting from political conditions, wars, conflicts, terrorism, natural disasters and other factors. Its explanation of financial results also indicates a reduction in the impact and a recovery in demand.
  20. FY2017-Q3RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere.」

    The risk that extremist activity by ISIL and geopolitical risks in Europe, the Middle East and elsewhere would reduce operating revenue, and their impact, were also described in the third quarter.
  21. FY2017-Q2RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe, the Middle East and elsewhere.」

    The impact of overseas geopolitical risks on travel demand and operating revenue was also described in the second quarter as an actual decline in operating revenue.
  22. FY2017-Q1RestatedAnnual report

    「Our group has been affected by a decline in operating revenue due to information about the extremist activities of ISIL (the so-called "Islamic State") and rising geopolitical risks in Europe and the Middle East.」

    The risk that overseas political and geopolitical factors would reduce operating revenue, and their impact, were also described in the first quarter.
  23. FY2016First statedAnnual report

    「The company plans and sells overseas travel. If the safety of overseas regions is compromised, its financial results and other matters may be affected by measures such as canceling travel operations that had originally been planned. Depending on the severity of the event, demand for overseas travel itself may decline because of its adverse impact on customer sentiment, resulting in a significant decline in revenue and affecting financial results and other matters.」

    The company identifies as a risk the possibility that overseas political conditions, wars, conflicts, terrorist incidents, natural disasters and other factors may lead to the cancellation of travel operations and a decline in demand for overseas travel. It states that a decline in operating revenue caused by terrorism and other factors occurred during the fiscal year under review.
Moved together

"Global Economic Slowdown and Uncertainty Over the Outlook" moved the same way as this thread, in the same document, in 5 of its 28 moves.

553★123
  1. ★This thread
  2. 1Global Economic Slowdown and Uncertainty Over the Outlook5×
  3. 2Impact of Foreign Exchange Rate Fluctuations on Purchase Costs and Business Performance5×
  4. 3Improving business scale and profitability using operating revenue and operating profit as management indicators3×

★ 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
Eurasia Travel's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Results of 2026-11-06: "Mitigated".
News
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