Research Coverage


Code: 6191Last Update:
Research Reports
Download Research Report

AirTrip is an online travel agency (OTA) providing travel-related content centered on its comprehensive travel platform called “AirTrip.” In FY09/20, the company had three business segments: Online Travel Agency (AirTrip Travel Agency, Inbound Travel, and Life Innovation), IT Offshore Development, and Investment. The Online Travel Agency business was the core business (with 88.5% of sales and 72.5% of operating profit in FY09/19). With handling volume of PY146.0bn (+75.5% YoY) in FY09/19, it was the top domestic OTA.

Our Policy

We interview management for hours, asking exhaustive questions to uncover the essence of the business.

We pinpoint strengths and weaknesses, and discuss strategy. Our aim is to make deep knowledge about the company readily available, saving investors time and enabling dialogue.

Our Research

We start our coverage with a substantial core report. We then continuously update this report to reflect earnings, newsflow, and any material developments. We interview the management quarterly to help you stay on top of the story.

Our report is an authoritative Owner’s Manual of the company—a vital piece in the investor’s toolbox.

For Investors

If you find our efforts valuable, please tell companies you want them to join our growing client list.