Chartered Bus Fleet Renewal
First written in FY2018-Q2. 3 of 5 entries say "Restated". Latest entry: FY2019-Q2.
No other company in this theme has enough history to compare yet.
- FY2019-Q2RestatedAnnual report
「In the bus business, operating revenue declined from the same period of the previous year because the utilization rate of chartered buses failed to increase. Meanwhile, operating expenses rose year on year due to higher diesel prices and higher depreciation expense resulting from fleet renewal.」
The company continues to disclose a higher depreciation expense burden associated with fleet renewal, but provides no additional progress on new vehicle introductions or other developments. - FY2019-Q1RestatedAnnual report
「In the bus business, operating revenue declined from the same period of the previous year because the utilization rate of chartered buses failed to increase, while operating expenses rose year on year due to higher diesel prices and higher depreciation expense resulting from fleet renewal.」
The company continues to disclose a higher depreciation expense burden associated with fleet renewal, but provides no progress on new vehicle introductions or other developments. - FY2018AdvancedAnnual report
「In the bus business, we worked to improve safety and service through the introduction of new buses and employee training, but the utilization rate of chartered buses failed to increase, and operating revenue declined from the previous fiscal year.」
The company introduced new buses and conducted employee training to improve safety and service. Weak chartered bus utilization and lower operating revenue have continued. - FY2018-Q3RestatedAnnual report
「In the bus business, operating revenue declined from the same period of the previous year because the utilization rate of chartered buses failed to increase.」
The company continues to disclose weak chartered bus utilization and lower operating revenue. However, this filing does not report additional progress on fleet renewal. - FY2018-Q2First statedAnnual report
「In the bus business, operating revenue declined from the same period of the previous year because the utilization rate of chartered buses failed to increase, while operating expenses rose year on year due to higher depreciation expense resulting from fleet renewal.」
The company states that chartered bus fleet renewal was carried out, resulting in a higher depreciation expense burden.