Revision of rail passenger fares
First written in FY2023. 3 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2025-H1.
2 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「In the railway business, ridership for both commuter-pass and non-commuter-pass users exceeded the same period of the previous year due to increased commuting demand and more visits to facilities along the railway lines. Revenue also increased due in part to the effects of the fare revision in October 2023.」
The effect of the fare revision implemented in October 2023 continued, and passenger transport revenue for the current interim consolidated accounting period increased 14.4% year on year. Commuter-pass revenue increased 14.6%, while non-commuter-pass revenue increased 14.2%. - FY2024-Q3AdvancedAnnual report
「In the railway business, passenger transportation revenue increased 10.6% due to the recovery in ridership and the fare revision in October 2023, among other factors. Of this, commuter-pass revenue increased 6.4% and non-commuter-pass revenue increased 13.4%.」
The rail passenger fare revision implemented in October 2023, together with the recovery in passenger numbers, contributed to a 10.6% year-on-year increase in passenger transport revenue. - FY2023AdvancedAnnual report
「The Company applied for approval to change rail passenger fares on 24 March 2023 and received approval from the Minister of Land, Infrastructure, Transport and Tourism on 23 June 2023. The revised fares will take effect on 1 October 2023.」
Amid conditions in which demand for travel has not returned to previous levels, the Company progressed from applying for a rail fare revision to obtaining approval, with implementation scheduled for 1 October 2023. The stated aggregate revision rate for maximum fares is 13.3%, and the revenue increase rate is 11.5%.