Increasing Revenue Through Review of Appropriate Fares and Charges
First written in FY2018. 4 of 13 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Cited as achievedAnnual report
「In the freight division, freight revenue increased from the same period of the previous year because freight fares were revised, despite a decline in freight volumes.」
With freight tonnage down 12.8% year on year, freight revenue rose 3.2% year on year to ¥650 million following the review of freight rates. The company cites the revenue benefit of the rate review as a performance driver. - FY2026AdvancedAnnual report
「In the freight segment, freight revenue increased from the previous fiscal year due to the revision of freight rates, despite lower transportation volume.」
Following the revision of passenger fares, the company also revised freight rates, which contributed to higher freight revenue despite lower transportation volume. - FY2025Cited as achievedAnnual report
「In the passenger business, in addition to revising passenger fares in October, we pursued proactive sales initiatives, including holding experiential events leveraging the appeal of railways, operating overnight chartered trains and issuing various commemorative tickets and related items.」
The company cites the October 2024 passenger fare revision as an implemented measure and confirms efforts to improve revenue through fare reviews and operating initiatives. - FY2025-H1AdvancedAnnual report
「The passenger fares for the railway business were revised effective 1 October 2024.」
Regarding the consideration of appropriate fares and charges, the company implemented the specific measure of revising passenger fares for the railway business effective 1 October 2024. - FY2024Promoting the Review of Appropriate Fares and ChargesAnnual report
「To continue fulfilling its responsibilities as a public transportation operator, we will proceed with reviewing appropriate fares and charges that reflect these factors while seeking customers' understanding.」
The company has indicated a policy of reviewing appropriate fares and charges that reflect rising prices and the declining population along the railway line while seeking customers' understanding. - FY2024-Q3RestatedAnnual report
「Consideration of Appropriate Fares and Charges Based on a Multifaceted Review」
As a measure addressing the going-concern assumption, the company continues its policy of considering appropriate fares and charges based on a multifaceted review including profitability. - FY2024-Q2RestatedAnnual report
「In tourism operations, although the business was affected by unsettled weather during the summer vacation period, revenue increased due to the effects of reviewing the fee structure at each facility and the recovery in group use.」
The company states that the effects of reviewing the fare structures at each facility contributed to higher tourism revenue, and continues efforts to improve revenue through appropriate pricing. - FY2024-Q1AdvancedAnnual report
「In addition to revising reserved-seat charges for SL trains from April, we ended the campaign offering free express surcharges and resumed collecting the charges.」
Regarding the consideration of appropriate fares and charges, the company revised reserved-seat charges for SL trains and resumed collecting express surcharges. It is also reviewing the fare structure for the Nagatoro Line Cruise. - FY2023RestatedAnnual report
「While continuing management efforts such as cost reductions, we will conduct a multifaceted review that includes business profitability and consider appropriate fares and charges.」
The company has again stated a measure to conduct a multifaceted review of fares and charges, including profitability, and consider appropriate levels. - FY2020-Q3Cited as achievedAnnual report
「Meanwhile, in the freight segment, freight revenue increased from the same period of the previous year, mainly due to the increase in transportation volume and the significant effect of the basic rate increase implemented in the previous fiscal year.」
The company cites the effect of the basic rate increase implemented in the previous fiscal year as a performance driver, and freight revenue increased 12.5% year on year. - FY2020-Q2Cited as achievedAnnual report
「In the freight segment, transportation volume increased slightly, and freight revenue rose from the same period of the previous year, partly due to the effect of the basic rate increase implemented on 1 October of the previous year.」
The company cites the effect of the basic rate increase implemented in the previous fiscal year as a performance driver, and freight revenue increased year on year. - FY2019-Q3AdvancedAnnual report
「In the freight segment, the basic rate was raised on 1 October and the unit freight rate improved, but freight revenue declined from the same period of the previous year due to lower limestone transportation volumes.」
The company progressed from considering the optimization of fares and charges to raising the basic rate in the freight segment on 1 October. Although the unit freight rate improved, freight revenue declined due to lower transportation volumes. - FY2018First statedAnnual report
「As the business environment continues to change each year, we will also consider improving revenue by conducting a multifaceted review of railway fares and other fares and charges, including their profitability, and setting appropriate fares and charges.」
The company discloses for the first time a measure to consider revenue enhancement through a multifaceted review of railway fares and other charges, including profitability, and the setting of appropriate fares and charges.