Company Overview of JTB Corp.
JTB Corp., through its subsidiaries, operates in the travel industry. It sells tickets on passenger railroads and other means of transport; develops tourist resorts, and travel and sightseeing facilities; develops and operates health/recreation facilities; publishes and sells books, and provides travel-related information; sells travel-related products; engages in publicity, advertising and planning, agency, and implementation of events; plans and implements international/domestic conferences; sells, rents, and manages real estate; operates as a motor truck carrier and forwarding agency, and a non-life insurance agent and life insurance solicitor; and engages in air passenger handling. The c...
Founded in 1912
Key Executives for JTB Corp.
Chief Executive Officer, President and Director
Managing Director, Managing Officer and President of Jtb Business World Tokyo Corp
Managing Officer and President of Jtb World Vacations Inc
Managing Officer and President of Jtb Kanto Corp
Managing Officer and President Fo Jtb Pte Ltd
Compensation as of Fiscal Year 2014.
JTB Corp. Key Developments
JTB Corp. Announces Earnings Results for the Year Ended March 31, 2013; Provides Sales Guidance for the Year Ending March 31, 2014
May 31 13
JTB Corp. announced earnings results for the year ended March 31, 2013. For the period, net profit surged 160% to JPY 8.6 billion, buoyed by a pickup in overseas travel. The uptick is also a reaction to the sharp slowdown in travel in the prior fiscal year that followed the March 2011 earthquake disaster. The travel giant's sales climbed 8.7% to JPY 1.23 trillion in fiscal 2012. Encouraged by a strong yen, Japanese tourists went overseas in record numbers last year. Sales in the foreign travel segment shot up 12.7% to JPY 513.2 billion yen. Domestic travel sales increased 5.9% to JPY 547.3 billion as visitors flocked to Tokyo Skytree and other attractions in the greater Tokyo area.
The company provided sales guidance for the year ending March 31, 2014. Group sales for the current year are expected to dip 1.3% to JPY 1.21 trillion. While the weaker yen is expected to have a muted impact on overseas travel, higher capital investment in systems and other areas will weigh down profit.
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