Declining Passenger Numbers Due to the Declining Birthrate, Population Aging and Population Decline
First written in FY2016. 9 of 12 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2024: 3 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The decline in the school-age and working-age populations accompanying the decline in the working-age population may reduce passenger transport demand in the transportation business, and, through lower revenue and higher operating costs, may affect the Group's performance and financial position.」
The risks of declining transport demand, lower revenue and higher costs due to the declining birthrate, population aging and population decline are reiterated. - FY2023RestatedAnnual report
「The decline in the school-age and working-age populations accompanying the decline in the working-age population may reduce passenger transport demand in the transportation business, and, through lower revenue and higher operating costs, may affect the Group's performance and financial position.」
The risk of declining transport demand due to the declining birthrate, population aging and population decline is reiterated as a risk accompanied by lower revenue and higher operating costs. - FY2023-Q2RestatedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain due to changes in lifestyles resulting from the COVID-19 pandemic and the intensification of competition among regions resulting from the declining birthrate, population aging and population decline, but」
The Group continues to disclose an uncertain business environment that includes changes in lifestyles resulting from infectious diseases and intensifying competition among regions due to the declining birthrate, population aging and population decline. - FY2021-Q1ReframedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain due to changes in lifestyles resulting from the COVID-19 pandemic and the intensification of competition among regions resulting from the declining birthrate, population aging and population decline, but」
In addition to the existing risk of intensifying competition among regions due to the declining birthrate, population aging and population decline, changes in lifestyles resulting from the COVID-19 pandemic are identified as a source of uncertainty. - FY2020-Q2RestatedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain, with competition among regions intensifying due to the effects of the declining birthrate, population aging and population decline, but」
The intensification of competition among regions and uncertainty about the outlook due to the declining birthrate, population aging and population decline are reiterated. - FY2020-Q1RestatedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain, with competition among regions intensifying due to the effects of the declining birthrate, population aging and population decline, but」
The intensification of competition among regions and uncertainty about the outlook due to the declining birthrate, population aging and population decline are reiterated. - FY2019RestatedAnnual report
「The school-age and working-age populations are expected to decline as the declining birthrate and population aging progress. The Group's performance may be affected by a decline in passenger numbers in its railway and bus operations.」
The risk of declining passenger numbers in railway and bus transport due to the declining birthrate, population aging and population decline is reiterated. - FY2019-Q3RestatedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain, with competition among regions intensifying due to the effects of the declining birthrate, population aging and population decline, but」
The intensification of competition among regions and uncertainty about the outlook due to the declining birthrate, population aging and population decline are reiterated. - FY2019-Q2RestatedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain, with competition among regions intensifying due to the effects of the declining birthrate, population aging and population decline, but」
The intensification of competition among regions and uncertainty about the outlook due to the declining birthrate, population aging and population decline continue to be disclosed. - FY2019-Q1WorsenedAnnual report
「The environment surrounding the Sotetsu Group is expected to remain uncertain, with competition among regions intensifying due to the effects of the declining birthrate, population aging and population decline, but」
The Group explicitly identifies not only declining passenger numbers but also intensifying competition among regions and uncertainty about the outlook in connection with the declining birthrate, population aging and population decline. - FY2017RestatedAnnual report
「The school-age and working-age populations are expected to decline as the declining birthrate and population aging progress. The Group's performance may be affected by a decline in passenger numbers in its railway and automotive operations.」
The risk of declining passenger numbers in railway and automotive transport due to the declining birthrate, population aging and population decline is reiterated. - FY2016First statedAnnual report
「The school-age and working-age populations are expected to decline as the declining birthrate and population aging progress. The Group's performance may be affected by a decline in passenger numbers in its railway and automotive operations.」
The decline in the population along the railway lines and in the school-age and working-age populations is identified as a long-term risk to demand for railway and bus services.