Press Release
2026.02.16
VELTRA Corporation
VELTRA Returns to Full-Year Profitability, Establishing a Robust Foundation for Scalable Growth
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2025.10.23
VELTRA Corporation
VELTRA Partners with Princess Cruises to Revolutionize Online Cruise Booking in Japan & Asia
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2025.10.01
VELTRA Corporation
VELTRA Commits to Digital Transformation, Appoints Key Executives
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2025.05.22
VELTRA Corporation
VELTRA Unveils Summer 2025 Tours & Activities Travel Trends Report
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2025.03.26
VELTRA Corporation
Linktivity and Tokyo Metro Launch “Tokyo City Pass,” a Ticket Combining Transportation and Tokyo’s Attractions
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2025.03.14
VELTRA Corporation
VELTRA Launches New Cruise Booking Platform “VELTRA Cruise”
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2024.01.17
VELTRA Corporation
JTB and Veltra form a capital and business alliance in the travel activity business
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2023.03.01
VELTRA Corporation
VELTRA Strengthens Strategic Business Alliance with Tiqets
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2023.02.02
VELTRA Corporation
VELTRA Unveils 3-Day, 2-Night Mt. Fuji Immersion Experience for Travelers to Japan
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/
Press Release
2022.03.31
VELTRA Corporation
VELTRA is Rebranding with New Logo and Corporate Identity
Strategic "Disciplined Restructuring" leads to first operating profit in five years; Company shifts focus to high-margin OTA operations and rapid expansion of Linktivity.
TOKYO – February 13, 2026 – VELTRA Corporation (TSE: 7048), a leading global platform for curated travel experiences, today announced its consolidated financial results for the fiscal year ending December 31, 2025. The company successfully achieved a full-year operating profit for the first time in five years, reporting operating revenue of 4.6 billion JPY and operating income of 105 million JPY.
Strategic Pivot: From Scale to Profitability
In 2025, VELTRA intentionally shifted its strategic priority from "scale expansion" to "profitability and organizational efficiency". Through a period of "Disciplined Restructuring," the company overhauled its business processes and optimized productivity. As a result, VELTRA successfully maintained operating expenses at the previous year's level (-0.1% YoY) while achieving revenue growth.
Segment Performance: Defined Roles for Future Growth
VELTRA has clearly defined the roles of its two primary business segments to ensure sustainable value creation:
OTA Business (The Profit Engine): By prioritizing high-efficiency marketing and implementing a "selection and concentration" strategy, the OTA segment significantly improved its operating profit margin from 11% to 23%. Structural reforms, including a 11.6% reduction in segment operating costs, contributed heavily to the group's overall profitability.
Linktivity (The Growth Engine): As the group’s primary growth driver, Linktivity’s revenue grew by 24% year-on-year to 891 million JPY. The platform continues to solidify its position as essential infrastructure for inbound tourism through major new contracts with suppliers and distribution partners.
2026 Outlook: Entering a New Growth Phase
For the FY 2026, VELTRA forecasts operating revenue of 5.0 billion JPY (+9% YoY) and operating profit of 380 million JPY (+262% YoY).
Having completed its structural transformation, the company is now positioned to leverage high operating leverage, where revenue growth directly translates to accelerated profit growth. VELTRA will shift to a management style prioritizing agility and effectiveness, balancing aggressive decision-making with robust governance to maximize shareholder value.
CEO Statement
Wataru Futagi, President and CEO of VELTRA, commented:
"2025 was a pivotal year for VELTRA as we completed our 'Disciplined Restructuring.' By conducting a sacred-cow-free review of our organization and cost structure, we achieved a hard-won return to profitability—a result that was strategic and intentional. With the OTA business established as a profit engine and Linktivity as a growth engine, we now have a scalable foundation in place. We are moving forward with a clear mandate to further enhance corporate value."
For details on the 2025 financial results, please refer to the IR site.
About VELTRA
With 150 countries covered and over 22,000 tours & activities offered, VELTRA is a leader in online tours & activities services. VELTRA is dedicated to the advancement, evolution and development of a global online marketplace where people from around the world can interact, share experiences, and deepen their understanding of one another.
Website:
https://www.veltra.com/
Contact Information
VELTRA Corporation
PR Communication: Taka Mitamura
E-mail: pr.jp@veltra.com
https://corp.veltra.com/