Decline in international travel demand due to international terrorism and emerging infectious diseases
First written in FY2016. 8 of 28 entries say "Materialised", first in FY2016. Latest entry: 2026-11-10.
KNT-CT Holdings moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).
0 other companies' latest entry also says "Worsened".
- FY2026MaterialisedAnnual report
「Although gross profit increased alongside higher revenue, operating profit rose 0.5% to ¥6,071 million due to increased investment in personnel and systems and the cancellation of overseas trips because of the situation in the Middle East.」
The document states that cancellations of overseas trips due to the situation in the Middle East affected operating profit, demonstrating that international risks materialized in actual business conditions. - 2026-05-13MaterialisedRevision to earnings forecast
「中東情勢に伴う一部海外ツアーの催行中止等に起因する売上高の減少」
中東情勢が一部海外ツアーの催行中止と売上高の減少として実際の業績予想に反映された。 - FY2026-H1MitigatedAnnual report
「For overseas travel, higher travel costs due to the continuing depreciation of the yen, higher prices at destinations and persistently high crude oil prices continue, and full recovery in demand will still take time, but recovery toward pre-pandemic levels is gradually progressing.」
Although constraints from the weaker yen, prices at destinations and crude oil prices remain, the document states that overseas travel demand is gradually recovering toward pre-pandemic levels. - FY2025MitigatedAnnual report
「Meanwhile, overseas travel performed well as the tendency to avoid overseas travel because of the novel coronavirus and the sharp depreciation of the yen eased, while average travel spending increased.」
It was stated that avoidance of overseas travel due to infectious diseases and the weaker yen eased, and that overseas travel performed well alongside an increase in average travel spending. - FY2025-H1MitigatedAnnual report
「Although overseas travel continues to be affected by unstable international conditions, higher travel costs due to the weaker yen, and higher prices at destinations, recovery toward pre-pandemic levels is gradually progressing.」
The document states that overseas travel is gradually recovering toward pre-pandemic levels, although constraints from unstable international conditions and the weaker yen remain. - FY2024WorsenedAnnual report
「However, overseas travel has been slow to recover because of persistently high crude oil prices, unstable international conditions, higher travel costs and prices at destinations resulting from the continuing depreciation of the yen, and other factors.」
The delayed recovery in overseas travel continued, with crude oil prices, international conditions, the weaker yen and higher prices at destinations continuing to be identified as factors hindering recovery. - FY2024-Q3WorsenedAnnual report
「However, overseas travel has been slow to recover because of persistently high crude oil prices, unstable international conditions, higher travel costs and prices at destinations resulting from the continuing depreciation of the yen, and other factors.」
The delayed recovery in overseas travel continued, with persistently high crude oil prices, unstable international conditions, higher travel costs due to the weaker yen, and higher prices at destinations identified as contributing factors. - FY2024-Q2WorsenedAnnual report
「However, overseas travel has been slow to recover because of persistently high crude oil prices, higher travel costs and prices at destinations resulting from the continuing depreciation of the yen, and insufficient airline seat capacity.」
Specific factors were added to explain the delayed recovery in overseas travel: higher travel costs due to crude oil prices and the weaker yen, higher prices at destinations, and insufficient airline seat capacity. - FY2024-Q1WorsenedAnnual report
「However, overseas travel has been slow to recover because of higher crude oil prices and the continuing depreciation of the yen.」
Overseas travel demand was described as recovering slowly even after sales resumed, with higher crude oil prices and the continuing depreciation of the yen identified as factors hindering recovery in actual market conditions. - FY2023-Q1MitigatedAnnual report
「With respect to overseas travel, Kintetsu Nippon Tourist Co., Ltd. began selling tours to Hawaii and Guam in May this year, while Club Tourism International, Inc. began selling tours to 30 countries worldwide.」
From a situation in which overseas travel could not be operated because of infectious diseases and other factors, Kintetsu Nippon Tourist began selling tours to Hawaii and Guam and Club Tourism International began selling tours to 30 countries worldwide in May, partially easing the constraints on overseas travel demand. - FY2022WorsenedAnnual report
「Because the Group plans and sells domestic and overseas travel for individuals and groups and handles inbound travel from overseas, its operating results may be affected if the safety of domestic or overseas destinations is compromised by natural disasters, international terrorism, conflicts or emerging infectious diseases, or by factors such as a decline in personal consumption caused by an economic downturn and changes in market conditions, including weather and the calendar arrangement of holidays.」
Conflict was explicitly added to the risks to safety affecting overseas and inbound travel, alongside the previously cited risks of natural disasters, terrorism and infectious diseases. - FY2022-Q1RestatedAnnual report
「In the travel industry, overseas and inbound travel could not be operated, while domestic travel also remained in a difficult situation because a state of emergency and priority preventive measures were issued for almost the entire period in Tokyo, Osaka and elsewhere.」
The inability to operate overseas and inbound travel continued, and infectious disease-related constraints on travel demand remain in place. - FY2020MaterialisedAnnual report
「In the latter half of the period, cancellations and travel avoidance for domestic and overseas trips increased amid Typhoon Hagibis and the spread of the novel coronavirus, while the number of visitors to Japan fell sharply.」
The spread of the infectious disease became evident in actual business conditions through cancellations and travel avoidance for domestic and overseas trips and a sharp decline in visitors to Japan. - FY2020-Q3RestatedAnnual report
「In the travel industry, overseas travel performed relatively well, particularly to Hawaii and Europe, following the extension of the Golden Week holiday period accompanying the change of era name. Domestic travel, however, fell below the previous year in many destinations, including Tohoku and Kanto, due to the impact of Typhoon Hagibis and other factors.」
The document states that overseas travel performed relatively well, particularly to Hawaii and Europe, and does not state that the previous adverse impact on overseas travel demand increased. - FY2020-Q2RestatedAnnual report
「In overseas travel, Southeast Asia and Hawaii remained strong, while Europe showed a stronger recovery trend.」
The document continues to state that Southeast Asia and Hawaii remained strong and Europe was recovering, indicating that the previous adverse impact on overseas travel demand remained subdued. - FY2020-Q1MitigatedAnnual report
「International travel to Asia and Hawaii remained strong, while the recovery trend in travel to Europe strengthened. Domestic travel demand also grew across various destinations, including Hokkaido, Okinawa, and Kyushu.」
The strong performance of travel to Asia and Hawaii continued, and the recovery trend in travel to Europe strengthened, so the previously noted adverse impact on international travel demand weakened, according to the disclosure. - FY2019-Q2MitigatedAnnual report
「In the travel industry, international travel remained relatively strong, with travel to Southeast Asia continuing to perform well and travel to China, South Korea, and Europe showing stronger recovery trends.」
The recovery trend in travel to China, South Korea, and Europe strengthened, and international travel demand remained relatively strong. - FY2019-Q1MitigatedAnnual report
「In the travel industry, international travel showed a stronger overall recovery trend, including signs of recovery in travel to China, South Korea, and Europe.」
Signs of recovery emerged in travel to China, South Korea, and Europe, strengthening the overall recovery trend in international travel demand. - FY2018MaterialisedAnnual report
「In the travel industry, international travel to Hawaii and Asia remained strong, and travel to North America and Oceania showed signs of recovery. However, geopolitical risks affected results in some regions, including Micronesia.」
While international travel overall showed signs of recovery, the impact of geopolitical risks was reflected in actual business conditions in some regions, including Micronesia. - FY2018-Q2MaterialisedAnnual report
「In the travel industry, international travel to Asia remained generally strong, while travel to Europe and China continued to recover. However, geopolitical risks affected results in some regions, including Micronesia.」
While recovery in travel to Europe and China was described, the impact of geopolitical risks was reflected in actual travel conditions in some regions, including Micronesia. - FY2018-Q1MitigatedAnnual report
「In the travel industry, international travel to Hawaii and Asia remained strong, while travel to North America and Europe continued to recover.」
The recovery of travel to North America and Europe was described, changing the disclosure from weak conditions driven by terrorism and other factors to recovering demand. - FY2017MaterialisedAnnual report
「In the travel industry, international travel remained weak, particularly to Europe, as concerns about terrorism persisted.」
Persistent concerns about terrorism were reflected in actual business conditions in the form of weak international travel, particularly to Europe. - FY2017-Q3RestatedAnnual report
「Although travel to Hawaii and Asia remained relatively strong, international travel remained weak as the threat of successive terrorist attacks had not been dispelled.」
The disclosure states that international travel demand remained weak because the threat of terrorism had not been dispelled. - FY2017-Q2RestatedAnnual report
「International travel also remained difficult, particularly to Europe, as concerns about terrorism had not been dispelled.」
The adverse impact of concerns about terrorism on international travel demand continued, particularly for travel to Europe. - FY2017-Q1RestatedAnnual report
「International travel remained difficult because of frequent terrorist attacks in Europe, the Middle East, and other regions.」
The disclosure states that the adverse impact of terrorism on international travel demand has continued. - FY2016MaterialisedAnnual report
「International travel declined, particularly to Europe, partly because of a series of terrorist attacks.」
While international terrorism and other factors were identified as risks distinct from those previously cited, their impact was reflected in actual business conditions during the period in the form of declining international travel, particularly to Europe.