KNT-CT Holdings has announced its financial results for the fiscal year ending March 2024, posting a final net profit of ¥7.54 billion.
The company reported a revenue of ¥255.427 billion, an operating profit of ¥7.272 billion (down 36.3% from the previous fiscal year), and ordinary profit of ¥7.977 billion (a decrease of 33.8% from the previous year). The final net profit also fell by 36% compared to the previous period. Although domestic and inbound travel has steadily recovered, the rebound in overseas travel has lagged behind.
As of April 1, the company established the Regional Co-creation Promotion Office and the Inbound Business Promotion Office, strengthening its approach to regional co-creation and inbound tourism. Club Tourism is addressing the increase in procurement prices by expanding its lineup of high-priced products, such as charter cruises on Japanese ships, and proposing short day trips called “ChocoTabi” that utilize gap times to comply with regulations on the maximum amount of overtime work for drivers.
