TOKYO, May 15 (Pulse News Wire) – Airtrip Corp. (6191.T) reported a Q2 lower operating profit of ¥34 billion, despite growth in several segments.
The travel division showed signs of slowing growth, but media, global IT services, inbound tourism, and Wi-Fi rental businesses saw increased profits compared to the same quarter last year. The company decided to repurchase up to 1% of its outstanding shares to enhance shareholder returns and support future mergers and acquisitions.
Additionally, AirTrip launched new initiatives such as the CXO Salon, which reached 800 paying members within a year and a half, and expanded into beauty franchising and portal site operations through strategic acquisitions. Looking ahead, AirTrip plans to continue investing in growth and expanding its portfolio through targeted M&A activities.
The company aims to achieve early-stage operating profit targets outlined in its long-term strategy "AirTrip Vision," targeting ¥50 billion in operating profit by fiscal year 2028.
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