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East Japan Railway Company (9020) · RiskAdvancedLatest Investor presentation (2026-07-31): "Cited as achieved"

Regulatory Risk Associated with Setting and Changing Fares and Charges

First written in FY2016. 3 of 11 entries say "Achieved", first in 2026-04-30. Latest entry: 2026-07-31.

11entries
11years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20252016: 120162017: 120172018: 020182019: 120192020: 020202021: 020212022: 020222023: 020232024: 120242025: 220252026: 52026
Same theme, other companies
Legal and Regulatory Compliance and Fare Approvals for the Railway BusinessA theme 8 companies write about · 7 as a headwind · 1 as a tailwind

0 other companies' latest entry also says "Cited as achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. 2026-07-31Cited as achievedInvestor presentation

    「The transportation business reported higher revenue and profit, owing to increased railway usage and the effects of the fare revision.」

    The results showed that the fare revision implemented in March 2026, together with increased railway usage, contributed to higher revenue and profit in the transportation business in the first quarter.
  2. FY2026AdvancedAnnual report

    「Based on this approach, to fulfill the social role expected of railways and meet customers’ increasingly diverse needs, and to continue operating the railway business sustainably, we implemented a fare revision in March 2026.」

    Following approval to change the upper limit on fares, the company progressed to the stage of implementing a fare revision in March 2026.
  3. FY2026-H1AdvancedAnnual report

    「To fulfill the social role expected of railways and meet customers’ increasingly diverse needs, and to continue operating the railway business sustainably, we applied in December 2024 for approval to change the upper limit on railway passenger fares and received approval as applied for in August 2025. Following this approval, we will implement a fare revision on 14 March 2026.」

    Regarding the fare revision, the company progressed from applying for approval in December 2024 to obtaining approval in August 2025, and indicated that the revision was scheduled to be implemented on 14 March 2026.
  4. FY2025Application for approval to change the upper limit on railway passenger faresAnnual report

    「To continue operating the railway business sustainably, we applied for a fare revision for the first time since the company was established.」

    The company progressed from expressing its intention to consider applying for approval if the conditions were met to the stage of applying for approval to change the upper limit on railway passenger fares in December 2024.
  5. FY2024Explicit consideration of an application to revise faresAnnual report

    「If the conditions are met, we will promptly apply for approval to revise fares, while continuing to request that the government review regulated fares and rates and establish a simple and flexible system.」

    As a response to fare and rate regulatory risk, the company specified a detailed review based on the revenue and cost calculation guidelines, as well as an application for approval to revise fares if the conditions are met.
  6. FY2019RestatedAnnual report

    「If these procedures are changed, or if fares and rates cannot be revised promptly in accordance with the procedures for any reason, this could affect the company’s revenue.」

    Continues to address the revenue risk associated with the approval and notification system for fares and rates, and the policy of establishing an operating base that does not depend on fare increases.
  7. FY2017RestatedAnnual report

    「If these procedures are changed, or if fares and rates cannot be revised promptly in accordance with the procedures for any reason, this could affect the company’s revenue.」

    Continues to describe revenue risk associated with the approval and notification procedures for fares and rates, and the policy of establishing an operating base that does not depend on fare increases.
  8. FY2016First statedAnnual report

    「If these procedures are changed, or if fares and rates cannot be revised promptly in accordance with the procedures for any reason, this could affect the company’s revenue.」

    Explains the upper-limit approval and notification system under the Railway Business Act, and the establishment of an operating base that does not depend on fare increases.
Moved together

"Consideration of Flexible Fare System and Train-Schedule Operations" moved the same way as this thread, in the same document, in 5 of its 11 moves.

544433★123456
  1. ★This thread
  2. 1Consideration of Flexible Fare System and Train-Schedule Operations5×
  3. 2Legal Compliance, Corporate Ethics and Group-wide Internal Controls4×
  4. 3Shareholder Returns Targeting a 33% Total Payout Ratio4×
  5. 4Building a Sustainable Transportation System for Regional Local Railways4×
  6. 5Earnings volatility in the lifestyle services business due to sluggish consumption, tenants and product defects3×
  7. 6Group-wide Crisis Management and Business Continuity Framework3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
East Japan Railway Company's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Investor presentation of 2026-07-31: "Cited as achieved".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Regulatory Risk Associated with Setting and Changing Fares and Charges | East Japan Railway Company (9020) | Komori