Komori
Keio (9008) · InitiativeAdvanced

Reduction in the surcharge fare on the Sagamihara Line

First written in FY2019-Q1. 1 of 3 entries say "Restated". Latest entry: FY2020-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2019-Q1 – FY2019-Q32018: 120182019: 120192020: 12020
Same theme, other companies
Reduction in the surcharge fare on the Sagamihara LineA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2020-Q3AdvancedAnnual report

    「In the railway business, despite the impact of the reduction in the additional fare on the Sagamihara Line implemented in October 2019, passenger transportation revenue increased 0.5% due to improvements in employment conditions and population growth along the railway lines, as well as advance purchases of commuter passes and other products before the consumption tax rate increase. Of this, commuter-pass revenue increased 1.4% and non-commuter-pass revenue decreased 0.2%. Revenue also increased due in part to higher seat-reservation fee revenue from Keio Liner.」

    The October 2019 reduction in the surcharge fare on the Sagamihara Line is described, and the report reconfirms that it affected passenger transportation revenue.
  2. FY2019-Q3RestatedAnnual report

    「Passenger transportation revenue declined 0.5% due in part to the reduction in the surcharge fare on the Sagamihara Line implemented in March of the previous fiscal year, comprising a 0.0% increase in commuter-pass revenue and a 0.8% decrease in non-commuter-pass revenue, but」

    The report reconfirms that the reduction in the surcharge fare on the Sagamihara Line continued to affect passenger transportation revenue, which declined 0.5% year on year in the cumulative nine-month period.
  3. FY2019-Q1First statedAnnual report

    「Passenger transportation revenue declined 0.7% due in part to the reduction in the surcharge fare on the Sagamihara Line implemented in March this year, comprising a 0.1% increase in commuter-pass revenue and a 1.3% decrease in non-commuter-pass revenue, but」

    The reduction in the surcharge fare on the Sagamihara Line implemented in March this year and the resulting 0.7% year-on-year decline in passenger transportation revenue are described.
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