Improving the Revenue Base Through Scheduled Bus Fare Revisions
First written in FY2024-Q1. 2 of 4 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2025.
0 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Operating revenue increased, partly due to the fare revision implemented in December 2024.」
For local buses, the December 2024 fare revision contributed to higher operating revenue together with strong tourism transportation demand. - FY2024-Q3RestatedAnnual report
「In the general fixed-route passenger vehicle transportation business (local buses), operating revenue increased due to the recovery in mobility demand and the fare revision implemented in March 2023.」
It continues to report increased local bus revenue driven by the March 2023 fare revision and the recovery in mobility demand. - FY2024-Q2AdvancedAnnual report
「In the general fixed-route passenger vehicle transportation business (local buses), operating revenue increased as mobility demand rose following the reclassification of COVID-19 under the Infectious Diseases Act to Category 5, as well as due to the effect of the fare revision implemented in March 2023.」
It states that the March 2023 fare revision, together with the recovery in mobility demand, contributed to higher local bus operating revenue for the cumulative second quarter. - FY2024-Q1First statedAnnual report
「In the general fixed-route passenger vehicle transportation business (local buses), operating revenue increased as mobility demand rose following the reclassification of COVID-19 under the Infectious Diseases Act to Category 5, as well as due to the effect of the fare revision implemented in March this year.」
It independently describes for the first time the local bus fare revision implemented in March this year as a specific measure that, together with the recovery in mobility demand, contributed to higher operating revenue.