Press Release
JAL Group Announces Merger of Subsidiaries JALPAK and JAL TOURS
The JAL Group has radically scaled back its business operations and reviewed the structure of its sales systems with the goal of establishing a lean and resilient structure that can withstand changes in the business environment in order to achieve a successful revitalization as early as possible. Besides strengthening the foundation of its management and improving efficiency, the merger between JALPAK and JAL TOURS also brings down the fence that separates the product development of domestic and international tour packages, allowing the new JALPAK to offer a wider range of innovative products and to implement new, more effective sales techniques.
Company profiles:
|
Company name: |
JALPAK Co., Ltd (Name of merged entity) |
JAL TOURS Co., Ltd. |
|
Main business: |
Development and sale of overseas travel products |
Development and sale of domestic travel products |
|
Date of establishment: |
April 4, 1969 |
April 1, 2003 |
|
Paid-in capital: |
900 million yen |
80 million yen |
|
Representative: |
President & CEO: Makoto Onishi |
President: Makoto Onishi |
|
Number of employees: |
310 |
363 |
|
Company address: |
NRE Tennozu Bldg., 2-4-11 Higashi-Shinagawa Shinagawa-ku, Tokyo, Japan 140-0002 |
NRE Tennozu Bldg., 2-4-11 Higashi-Shinagawa Shinagawa-ku, Tokyo, Japan 140-0002 |
|
Revenue for FY2009: |
70.4 billion yen |
117.4 billion yen |
|
Stockholders and percentage of stakes held |
Japan Airlines International (77.79%) 61 other travel service companies (22.21%) |
Japan Airlines International (80.44%) 73 other travel service companies (19.56%) |
END
20101206 - JAL Group Announces Merger of Subsidiaries JALPAK and JAL TOURS_FINAL.pdf
