Impact of direct internet sales on intermediary distribution functions
First written in FY2016. 5 of 9 entries say "Worsened", first in FY2018. Latest entry: FY2026.
KNT-CT Holdings moved to the "Worse" side of this theme in 2017.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The business environment is changing significantly due to the expansion of OTA businesses, including those operated by foreign companies, and efforts by airlines and accommodation providers to strengthen direct sales.」
In addition to the previous expansion of OTAs and dynamic pricing, efforts by airlines and accommodation providers to strengthen direct sales were explicitly identified as a change in the competitive environment. - 2026-05-13WorsenedResults
「旅行業を取り巻く環境は、人口減少に伴う国内市場の縮小、交通機関・宿泊施設等による直販化の進展、デジタル化・ＡＩの台頭など、構造的な変化に直面しております。」
インターネット直販化による中間流通機能への影響について、交通機関・宿泊施設等の直販化を構造的な環境変化として明示した。 - FY2025WorsenedAnnual report
「The business environment is also changing significantly as OTA businesses, including those operated by foreign companies, expand and various services evolve, including dynamic pricing functions that flexibly adjust product prices for both domestic and international travel.」
In addition to OTA expansion, changes in the competitive environment, including dynamic pricing functions for both domestic and international travel, were explicitly identified. - FY2021RestatedAnnual report
「The business environment is also changing significantly as OTA businesses, including those operated by foreign companies, expand and new services evolve, including pricing functions that use technology to adjust product prices flexibly, particularly for domestic air travel.」
The expansion of foreign-affiliated OTAs and the evolution of technology-enabled pricing services continue to be described as changes in the competitive environment. - FY2020RestatedAnnual report
「The business environment is also changing significantly as OTA businesses, including those operated by foreign companies, expand and new services evolve, including pricing functions that use technology to adjust product prices flexibly, particularly for domestic air travel.」
The evolution of foreign-affiliated OTAs and technology-enabled flexible pricing services continues to be described as a change in the competitive environment. - FY2019WorsenedAnnual report
「The business environment is also changing significantly as OTA businesses, including those operated by foreign companies, expand and new services evolve, including pricing functions that use technology to adjust product prices flexibly.」
In addition to OTA expansion, the evolution of foreign-affiliated OTAs and technology-enabled flexible pricing services was explicitly identified as a change in the competitive environment. - FY2018WorsenedAnnual report
「At the same time, major changes in the business environment are under way, including the progression of population aging and the declining birth rate, the expansion of OTA businesses, including those operated by foreign companies, and the Act on Hotels and Inns, which is scheduled to take effect in June this year, also known as the new private-lodging law.」
In addition to OTA expansion, the Act on Private Lodging Business, scheduled to take effect in June 2018, was explicitly identified as a new change in the business environment, broadening the described changes in the competitive environment surrounding online direct sales and private lodging. - FY2017MaterialisedAnnual report
「However, amid major changes in the business environment, including the impact of terrorism overseas and the Kumamoto earthquake, the expansion of domestic and overseas OTAs, and the growing use of private lodging, the individual travel business in particular performed poorly. As a result, consolidated net sales were ¥396.004 billion and consolidated operating income was ¥2.968 billion, representing a difficult outcome.」
The expansion of OTA businesses and the growing use of private lodging affected results as changes in the business environment, becoming particularly evident in the weak performance of the individual travel business. - FY2016First statedAnnual report
「The expansion of direct internet sales by airlines, accommodation providers, and companies in other industries could affect operating performance.」
The expansion of online direct sales by airlines, accommodation providers, and companies in other industries is recognized as a performance risk.