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Technology Services

AirTrip Corp.

Business Summary

AirTrip Corp. engages in the provision of online travel agency and information technology development businesses. It operates through the following segments: Online Travel Agency, IT Offshore Development, Investment, and Others. The Online Travel Agency segment handles the general online travel services. The IT Off-shore Development segment deals with the laboratory type offshore development and business processing office services. The Investment segment manages the investment in growing companies. The Others segment includes advertisement business. The company was founded by Munenori Oishi and Hideki Yoshimaru on May 11, 2007 and is headquartered in Tokyo, Japan.

Financial Highlights

Sep 2019 JPYUSD
Revenue24,306M220.89M
Gross Profit12,113M110.08M
Operating income119M1.08M
Income before tax588M5.34M
Net income734M6.67M
EBITDA1,008M9.16M
Diluted EPS37.940.34
Dividends Per Share130.11
Total Assets31,216M288.83M
Total liabilities21,112M195.34M
Total equity9,719M89.92M
Operating cash flow586M5.32M
Currency in JPYCurrency in USD

Historical Data

 Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019
Revenue 2,754.91M 4,000.64M 5,533M 12,426M 24,306M
Gross Profit 2,025.13M 3,321.62M 4,509M 6,463M 12,113M
Operating income 310.90M 621.77M 748M -413M 119M
Income before tax 303.85M 572.03M 1,094M 1,138M 588M
Net income 172.48M 340.32M 702M 855M 734M
EBITDA 387.25M 723.33M 863M 16M 1,008M
Diluted EPS 12.56 21.12 39.72 47.29 37.94
Dividends Per Share -- 0 7 10 13
Total Assets 2,064.18M 4,841.64M 7,803M 24,939M 31,216M
Total liabilities 1,666.95M 2,470.28M 4,406M 19,455M 21,112M
Total equity 341.56M 2,276.45M 2,992M 5,099M 9,719M
Operating cash flow 331.45M 604.62M 1,219M 1,376M 586M
 Sep 2015Sep 2016Sep 2017Sep 2018Sep 2019
Revenue 23.09M 35.83M 49.71M 112.48M 220.89M
Gross Profit 16.97M 29.74M 40.51M 58.50M 110.08M
Operating income 2.60M 5.56M 6.72M -3.73M 1.08M
Income before tax 2.54M 5.12M 9.83M 10.30M 5.34M
Net income 1.44M 3.04M 6.30M 7.74M 6.67M
EBITDA 3.24M 6.47M 7.75M 0.14M 9.16M
Diluted EPS 0.10 0.18 0.35 0.42 0.34
Dividends Per Share -- 0 0.06 0.09 0.11
Total Assets 17.23M 47.81M 69.31M 219.56M 288.83M
Total liabilities 13.91M 24.39M 39.14M 171.28M 195.34M
Total equity 2.85M 22.48M 26.58M 44.89M 89.92M
Operating cash flow 2.77M 5.41M 10.95M 12.45M 5.32M

Valuation Measures

Sep 2019
PER49.30
ROA2.61%
ROE9.90%
Operating margin0.48%
Profit margin3.01%

Key executives

  • Director: Hideki Yoshimura
  • Chief Operating Officer & Director: Shin Ou
  • CFO, Representative Director & Head-Administration: Yusuke Shibata
  • Director & Head-Global Development Business: Masahide Akiyama
  • Director & Head-Online Travel Business: Takeshi Masuda

Shareholders

  • OISHI MUNENORI (31.1%)
  • YOSHIMURA HIDEKI FAMILY (13.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.3%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • TAKAHASHI SHIN /OSAKA/ (1.3%)
  • Asset Management One Co., Ltd. (1.3%)
  • The Vanguard Group, Inc. (1.3%)
  • Daiwa Asset Management Co. Ltd. (0.6%)
  • Norges Bank Investment Management (0.5%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.4%)

Contact Details

  • Website:http://www.evolableasia.com
  • Address: Atago Green Hills MORI Tower, 19/F, 2-5-1 Atago, Tokyo, 105-6219, Japan
  • Phone: +81.3.3431.6191

Related Companies

  • Hybrid Techno Camp Co. Ltd.
  • Bank, Inc. /Travel Now App Business/
  • 747 Enterprise Co., Ltd.
  • Inbound Platform Corp.
  • Airtrip International Co., Ltd.
  • Destination Japan, Inc.
  • N H C Fifteen KK
  • Willgate, Inc. /Bus Reservation Portal Site/
  • EL Monte RV Japan KK
  • Evolable Asia Co. Ltd.
  • Magumagu KK
  • N's Enterprise Co., Ltd.
  • Rakuda, Inc.
  • National Ryutsu Sangyo Co., Ltd.
  • Magmag, Inc.
  • Tokyo Masters Co., Ltd.
  • Hikawa Co., Ltd. (Shimane)
  • DTS KK
  • Valcom KK
  • Tabi Web KK
  • Aloha7, Inc.

Competitors

  • Open Door, Inc.
Last Updated on 30 Sep, 2020

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