Contraction of the Taxi Business and Decline in Vehicles in Service
First written in FY2019-Q3. 6 of 19 entries say "Restated". Latest entry: FY2025.
Mie Kotsu Group Holdings moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Other".
- FY2025Higher revenue from sufficient staffing alongside a decline in passenger numbersAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis), partly because staffing levels for drivers improved compared with the previous fiscal year.」
In the taxi business, revenue increased as driver staffing levels improved, while passenger numbers declined 2.5% year on year. - FY2025-H1Higher revenue from fare revisions alongside a decline in passenger numbersAnnual report
「Passenger numbers declined in the general passenger vehicle transportation business (taxis) due in part to lower business demand in northern Mie Prefecture, but revenue increased, partly because of the fare revision implemented in September last year.」
In the taxi business, passenger numbers declined due to lower business demand in northern Mie Prefecture, while revenue increased following the fare revision in September of the previous year. - FY2024-Q3RestatedAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis) as tourism demand recovered in the Ise-Shima area.」
It reconfirms that the taxi business generated higher revenue through the recovery in tourism demand in the Ise-Shima area. - FY2024-Q2RestatedAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis) as tourism demand recovered in the Ise-Shima area.」
It reconfirms that the taxi business generated higher revenue through the recovery in tourism demand in the Ise-Shima area. - FY2024-Q1Revenue growth amid a recovery in tourism demandAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis) as tourism demand recovered in the Ise-Shima area.」
Taxi revenue increased on the recovery in tourism demand, while passenger numbers declined 8.0% year on year, indicating differences in the nature of the demand recovery. - FY2023-Q3Continued recovery in taxi demandAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis), as corporate demand remained firm and nighttime use increased following the lifting of shortened operating hours at restaurants, while tourism demand also recovered.」
Revenue increased on corporate demand, nighttime use following the lifting of shortened operating hours, and the recovery in tourism demand. Taxi revenue rose 34.1% year on year. - FY2023-Q2Revenue growth driven by corporate, nighttime and tourism demandAnnual report
「Revenue also increased in the general passenger vehicle transportation business (taxis), owing to the recovery in corporate demand, increased nighttime use following the lifting of shortened operating hours at restaurants, and the recovery in tourism demand, among other factors.」
The taxi business cites corporate demand, nighttime use following the lifting of shortened operating hours, and the recovery in tourism demand as factors behind the increase in revenue. - FY2023-Q1Continued recovery in taxi demandAnnual report
「Revenue also increased in the general passenger vehicle transportation business (taxis), owing to a recovery in nighttime use and tourism demand.」
Taxi revenue increased on the recovery in nighttime use and tourism demand. Revenue rose 47.5% year on year, while passenger numbers increased 43.5%. - FY2022-Q2RestatedAnnual report
「Revenue also increased in the general passenger vehicle transportation business (taxis), driven by an increase in passengers transported as business demand recovered.」
It continues to describe the recovery in taxi revenue driven by the recovery in business demand and an increase in passengers transported. - FY2022-Q1Recovery in taxi demandAnnual report
「Revenue increased in the general passenger vehicle transportation business (taxis) as well, driven by an increase in passengers transported as business demand recovered.」
It states that taxi revenue increased due to the recovery in business demand and an increase in passengers transported. However, the number of vehicles in service at period-end was 130, down 4.4% year on year. - FY2021WorsenedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a decrease in demand resulting from requests to refrain from going out and other factors.」
Taxi business operating revenue declined 40.1% from the previous fiscal year due to a decrease in demand resulting from requests to refrain from going out and other factors, while the number of vehicles in service at period-end was 132, down 5.7% from the previous fiscal year. - FY2021-Q3WorsenedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a decrease in demand resulting from requests to refrain from going out and other factors.」
Taxi business operating revenue was ¥385 million, down 42.1% year on year, while the number of vehicles in service at period-end was 132, down 7.0%. - FY2021-Q2WorsenedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in the number of vehicles resulting from the consolidation and closure of offices carried out in the previous fiscal year.」
In addition to the reduction in the number of vehicles resulting from the consolidation and closure of offices, taxi business operating revenue for the quarter declined 49.2% year on year. - FY2021-Q1WorsenedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to shrinking demand caused by COVID-19, as well as a reduction in the number of vehicles.」
In addition to the reduction in the number of vehicles resulting from the previous consolidation and closure of offices and other measures, shrinking demand due to the infectious disease became a factor behind the decrease in taxi business revenue. - FY2020WorsenedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in the number of vehicles resulting from the consolidation and closure of offices in the previous fiscal year, as well as a decline in demand accompanying the spread of COVID-19.」
In addition to the previous consolidation and closure of offices and reduction in the number of vehicles, the decline in demand due to the infectious disease became a factor behind the decrease in taxi business revenue. - FY2020-Q3RestatedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in the number of vehicles resulting from the consolidation and closure of offices carried out in the previous fiscal year.」
The decline in the number of vehicles following the consolidation and closure of offices in the previous fiscal year and the resulting decrease in taxi business revenue are reaffirmed. - FY2020-Q2RestatedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in the number of vehicles resulting from the consolidation and closure of offices carried out in the previous fiscal year.」
The decline in the number of vehicles following the consolidation and closure of offices in the previous fiscal year continued, and operating revenue in the taxi business declined 31.4% year on year. - FY2020-Q1RestatedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in vehicles in service resulting from the consolidation and closure of offices carried out in the previous fiscal year.」
The decline in taxi vehicles in service and the resulting decrease in revenue following the consolidation and closure of offices in the previous fiscal year are reaffirmed. Operating revenue by business category declined 37.6% year on year. - FY2019-Q3First statedAnnual report
「In the general passenger vehicle transportation business (taxi), operating revenue declined due to a reduction in vehicles in service resulting from business contraction and a shortage of drivers.」
The company identified for the first time the contraction of the taxi business and the resulting decline in vehicles in service due to a driver shortage as factors behind the decline in operating revenue.