Opening of the Tokyu Shin-Yokohama Line and Formation of a Broad-Area Railway Network
First written in FY2023. 4 of 5 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024.
No other company in this theme has enough history to compare yet.
- FY2024AdvancedAnnual report
「Passenger numbers at Tokyu Railways Co., Ltd. exceeded the previous year for both commuter-pass and non-commuter-pass passengers, increasing 6.4% for each and 6.4% overall.」
Against the backdrop of the Tokyu Shin-Yokohama Line opening and the fare revision, full-year passenger numbers increased 6.4% for both commuter-pass and non-commuter-pass passengers and 6.4% overall. - FY2024-Q3AdvancedAnnual report
「In the transportation business, passenger numbers at Tokyu Railways Co., Ltd. exceeded the previous year for both commuter-pass and non-commuter-pass passengers, driven by increased opportunities to go out following the reclassification of COVID-19 as a Category 5 infectious disease and the impact of the Tokyu Shin-Yokohama Line, which opened in March 2023. Commuter-pass passengers increased 6.2%, non-commuter-pass passengers increased 7.3%, and total passenger numbers increased 6.7%. Fare revenue increased 17.6% for commuter-pass passengers and 23.9% for non-commuter-pass passengers, and rose 21.4% overall, in addition to the recovery in passenger numbers and the effect of the fare revision implemented on 18 March 2023.」
The impact of the Tokyu Shin-Yokohama Line opening and the fare revision was reflected in cumulative third-quarter results. Total passenger numbers increased 6.7% and total fare revenue increased 21.4%. - FY2024-Q2AdvancedAnnual report
「In the transportation business, passenger numbers at Tokyu Railways Co., Ltd. exceeded the previous year for both commuter-pass and non-commuter-pass passengers, driven by increased opportunities to go out following the reclassification of COVID-19 as a Category 5 infectious disease and the impact of the Tokyu Shin-Yokohama Line, which opened in March 2023. Commuter-pass passengers increased 6.3%, non-commuter-pass passengers increased 8.3%, and total passenger numbers increased 7.2%. Fare revenue increased 16.9% for commuter-pass passengers and 25.2% for non-commuter-pass passengers, and rose 21.9% overall, in addition to the recovery in passenger numbers and the effect of the fare revision implemented on 18 March 2023.」
The impact of the Tokyu Shin-Yokohama Line opening and the fare revision was reflected in first-half results. Total passenger numbers increased 7.2% and total fare revenue increased 21.9%. - FY2024-Q1AdvancedAnnual report
「In the transportation business, passenger numbers at Tokyu Railways Co., Ltd. exceeded the previous year for both commuter-pass and non-commuter-pass passengers, driven by increased opportunities to go out following the reclassification of COVID-19 as a Category 5 infectious disease and the impact of the Tokyu Shin-Yokohama Line, which opened in March 2023. Commuter-pass passengers increased 6.2%, non-commuter-pass passengers increased 6.4%, and total passenger numbers increased 6.3%.」
The disclosure states that the opening of the Tokyu Shin-Yokohama Line in March 2023 contributed to higher passenger numbers in FY2024-Q1. Commuter-pass passengers increased 6.2%, non-commuter-pass passengers 6.4%, and total passenger numbers 6.3%. - FY2023First statedAnnual report
「In March 2023, Tokyu Railways Co., Ltd. opened the Tokyu Shin-Yokohama Line, its first new line in 39 years. By forming a broad-area rail network linking 7 railway operators and municipal transit authorities and 14 lines from Kanagawa Prefecture to Saitama Prefecture, we improved convenience by shortening travel times and reducing the number of transfers, while also improving access to the Tokaido Shinkansen.」
The opening of the Tokyu Shin-Yokohama Line and the formation of a broad-area network linking 7 railway operators and municipal transit authorities and 14 lines were described as an independent theme for the first time. The opening of the new line, improved convenience and better Shinkansen access were presented as specific results.