Fuel surcharges and declining overseas travel demand due to rising crude oil prices
First written in FY2020. 6 of 9 entries say "Worsened", first in FY2022. Latest entry: 2026-08-06.
KNT-CT Holdings moved to the "Worse" side of this theme in 2022.
1 other company's latest entry also says "Worsened".
- 2026-08-06WorsenedResults
「海外旅行については、中東情勢の影響に加え、円安基調や渡航先の物価上昇、燃油サーチャージの上昇等により旅行代金の高騰が続いており、需要の完全回復にはなお時間を要しています」
円安、渡航先物価、燃油サーチャージによる旅行代金高騰が継続し、海外旅行需要の完全回復に時間を要する状況を記載した。 - FY2026WorsenedAnnual report
「Input costs, including hotel rates, meal costs and passenger transportation expenses, have risen and are affecting travel prices, which could lead to a decline in travel demand.」
In addition to crude oil prices and fuel surcharges, the Company identified broad-based increases in input costs, including hotels, meals and passenger transportation, as factors reducing overseas travel demand. - 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.」
Although travel prices and local prices continue to rise due to yen depreciation and other factors, the Company stated that overseas travel demand is gradually recovering. - FY2024WorsenedAnnual report
「In overseas travel, conditions that reduce demand, including unstable international conditions, persistently high crude oil prices and the trend toward yen depreciation, and demand is expected to recover gradually.」
In addition to persistently high crude oil prices and yen depreciation, unstable international conditions continue to delay the recovery in overseas travel demand. - 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.」
Persistently high crude oil prices were identified as a factor delaying the recovery in overseas travel demand, together with higher travel prices caused by yen depreciation, rising prices at destinations and insufficient aircraft 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.」
Rising crude oil prices and the trend toward yen depreciation were identified as factors that were actually delaying the recovery in overseas travel demand. - FY2023-Q2RestatedAnnual report
「In addition to the impact of COVID-19 on the Group's business activities, conditions that could restrain the recovery in demand continue to affect the resumption of overseas travel sales, including Russia's invasion of Ukraine, high crude oil prices and the trend toward yen depreciation. The Group will continue to monitor the situation and take measures.」
Even after overseas travel sales resumed, high crude oil prices continued, together with Russia's invasion of Ukraine and the trend toward yen depreciation, to act as factors that could restrain the recovery in demand. - FY2022WorsenedAnnual report
「Although the government's policies aimed at making Japan a tourism-oriented nation remain in place, the travel market is expected to remain disrupted, as factors including the continued spread of the novel coronavirus, Russia's invasion of Ukraine, high crude oil prices, and the yen's depreciation continue to sharply reduce travel demand.」
Rising crude oil prices became a factor in the current market environment reducing travel demand, alongside the pandemic, Russia's invasion of Ukraine and the trend toward yen depreciation. - FY2020First statedAnnual report
「If crude oil prices rise substantially, overseas travel demand will decline as higher fuel surcharges increase the cost of travel, which could affect the Group's operating results and financial position.」
The Company newly identified the risk that rising crude oil prices could affect overseas travel demand and operating results through higher fuel surcharges.