AirTrip Corp. Revises Consolidated Earnings Forecast for the Fiscal Year Ending September 30, 2021
February 25, 2021 at 01:00 am EST
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AirTrip Corp. revised consolidated earnings forecast for the Fiscal Year ending September 30, 2021. At the beginning of this fiscal year, initial forecast was for JPY 300 million in operating income, but the company revised the forecast twice. The current forecast for operating income is approximately JPY 450 million.
AirTrip Corp is a Japan-based company engaged in the online travel business, information technology (IT) offshore development business and investment business. The Company has three business segments. The Online Travel segment is engaged in the Internet sale of domestic air tickets and other travel products through operating travel products direct sale websites, providing travel contents under the brands of affiliated companies, and centralized management of procedures and arrangements related to business travel. The Company is also engaged in the Japan travel business such as camper cars rental and currency exchange business for foreign visitors. The IT Offshore Development segment is engaged in the provision of lab type system development services and business process outsourcing (BPO) services. The Investment segment is engaged in the investment business in growth and revitalization companies. The Company is also engaged in the advertising business.