There is no one analyst in which a Quantitative Star Rating and Fair Value Estimate is
attributed to; however, Mr. Lee Davidson, Head of Quantitative Research for Morningstar, Inc.,
is responsible for overseeing the methodology that supports the quantitative fair value. As an
employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.'s Code of Ethics
and Personal Securities Trading Policy in carrying out his responsibilities. For information
regarding Conflicts of Interests,
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to
peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are
statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat,
fair value, and uncertainty rating.
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Adventure Inc engages in the provision of online travel services. It operates Skyticket and WANNATRIP website portals. The Skyticket website portal offers online ticket booking services for multiple airlines, both domestic and overseas. The WANNATRIP website portal offers package tours and cruise travel to various destinations.
4-20-3 Ebisu, 24th Floor, Yebisu Garden Place Tower
Tokyo, 150-6024, Japan