Higher revenue and profit, driven by the rebound from the Kumamoto Earthquake and other factors

「As a result, operating revenues rose 7.4% year on year to ¥871.8 billion, operating income rose 17.3% to ¥122.9 billion, ordinary income rose 16.8% to ¥115.1 billion, and interim net income attributable to owners of the parent rose 24.4% to ¥86.7 billion.」

「As a result, operating revenues rose 4.5% year on year to ¥1,707.9 billion, operating income rose 0.2% to ¥180.1 billion, ordinary income fell 1.0% to ¥165.6 billion, and net income attributable to owners of the parent, after deducting income taxes and other taxes, rose 15.4% to ¥113.9 billion.」

「During the interim consolidated accounting period under review, customer use continued to increase as demand recovered, and operating revenue rose 5.4% year on year to ¥811.3 billion. However, operating income decreased 1.4% to ¥104.7 billion due to upfront expenses for the Osaka urban development project and other projects and the disappearance of special vaccine-related demand. Ordinary income increased 0.1% to ¥98.5 billion due to lower interest payments and higher equity-method investment income, among other factors. Interim net income attributable to owners of the parent, after income taxes and other adjustments, increased 3.8% to ¥69.7 billion.」

「Operating revenues rose 17.2% year on year to ¥1,635.0 billion, operating income rose 114.1% to ¥179.7 billion, ordinary income rose 127.4% to ¥167.3 billion, and net income attributable to owners of the parent, after deducting income taxes and other taxes, rose 11.6% to ¥98.7 billion despite the reversal of the effect of the tax incentive under the business adaptation plan in the previous fiscal year.」

「As a result, operating revenues rose 22.5% year on year to ¥1,194.3 billion. In addition, as structural reforms progressed, operating income rose 146.4% to ¥172.4 billion, ordinary income rose 169.1% to ¥161.0 billion, and quarterly net income attributable to owners of the parent, after deducting income taxes and other taxes, rose 25.8% to ¥109.8 billion despite the reversal of the effect of the tax incentive under the business adaptation plan in the previous fiscal year.」

「During the cumulative second quarter of the fiscal year under review, customer use and personal consumption recovered as the impact of COVID-19 diminished, while inbound demand also remained strong. As a result, operating revenue increased 24.8% year on year to ¥769.9 billion, operating income increased 214.0% to ¥106.2 billion, ordinary income increased 255.4% to ¥98.4 billion, and net income attributable to owners of the parent for the quarter, after income taxes and other adjustments, increased 4.1% to ¥67.1 billion, despite the reversal of tax benefits under the business adaptation plan in the previous fiscal year.」

「As a result, operating revenues rose 24.3% year on year to ¥369.2 billion, operating income rose 167.3% to ¥52.2 billion, ordinary income rose 187.5% to ¥48.6 billion, and quarterly net income attributable to owners of the parent, after deducting income taxes and other taxes, fell 42.4% to ¥33.3 billion due to the reversal of the effect of the tax incentive under the business adaptation plan in the previous fiscal year.」

「Operating revenues rose 35.3% year on year to ¥1,395.5 billion, operating income was ¥83.9 billion, and ordinary income was ¥73.6 billion, … quarterly net income attributable to owners of the parent was ¥88.5 billion.」

「During the nine months ended the third quarter of the fiscal year under review, operating revenue rose 33.5% year on year to ¥974.8 billion, operating income was ¥69.9 billion, and ordinary income was ¥59.8 billion, reflecting the recovery in customer usage and personal consumption as the impact of the novel coronavirus diminished. In addition, under a tax incentive based on the business adaptation plan certified in April, we recorded ¥43.5 billion in previously unrecognized deferred tax assets related to tax loss carryforwards, resulting in net income attributable to owners of the parent for the quarter, after income taxes and other taxes, of ¥87.3 billion.」

「During the six months ended the second quarter of the fiscal year under review, operating revenue rose 41.2% year on year to ¥616.7 billion, operating income was ¥33.8 billion, and ordinary income was ¥27.7 billion, reflecting the recovery in customer usage as the impact of the novel coronavirus diminished. In addition, under a tax incentive based on the business adaptation plan certified in April, we recorded ¥43.5 billion in previously unrecognized deferred tax assets related to tax loss carryforwards, resulting in net income attributable to owners of the parent for the quarter, after income taxes and other taxes, of ¥64.5 billion.」

「During the three-month period ended 30 June, operating revenues rose 47.1% year on year to ¥297.1 billion, operating income was ¥19.5 billion, and ordinary income was ¥16.9 billion, reflecting the recovery in customer use as the impact of COVID-19 diminished. In addition, the Company posted ¥43.5 billion in previously unrecognized deferred tax assets related to tax losses carried forward, due to a tax incentive under the business adaptation plan certified in April, resulting in quarterly net income attributable to owners of the parent, after deducting income taxes and other taxes, of ¥57.8 billion.」

「Operating revenues rose 12.1% year on year to ¥1,031.1 billion, but the Company posted an operating loss of ¥119.0 billion, an ordinary loss of ¥121.0 billion, and a net loss attributable to owners of the parent, after deducting income taxes and other taxes, of ¥113.1 billion. Results remained challenging, as in the previous fiscal year, but the Company returned to profitability in the third quarter, the first quarterly period in eight quarters, indicating signs of improving performance.」

「During the nine-month period ended 31 December, the prolonged impact of COVID-19, including the issuance and extension of states of emergency and the rapid spread of new variants, continued to place the Group's businesses in an extremely challenging environment, with reduced tourism use, restrained travel including business trips, and declining consumption. Operating revenues nevertheless rose 12.0% year on year to ¥729.9 billion, but the Company posted an operating loss of ¥79.4 billion, an ordinary loss of ¥82.6 billion, and a quarterly net loss attributable to owners of the parent, after deducting income taxes and other taxes, of ¥54.0 billion.」

「Due to the rebound from the impact of COVID-19 and other factors, operating revenues rose 8.6% year on year to ¥436.8 billion, but the Company posted an operating loss of ¥86.1 billion, an ordinary loss of ¥87.4 billion, and a quarterly net loss attributable to owners of the parent, after deducting income taxes and other taxes, of ¥68.6 billion.」

「Although operating revenue increased 9.4% year on year to ¥201.9 billion due to the rebound from the impact of COVID-19, the company recorded an operating loss of ¥49.3 billion, an ordinary loss of ¥51.5 billion and a net loss attributable to owners of the parent, after deduction of income taxes and other taxes, of ¥32.0 billion.」

「During the consolidated fiscal year, the decline in usage accompanying the spread of COVID-19 caused a substantial decrease in revenue, primarily in the transportation business. As a result, operating revenue decreased 40.4% from the previous fiscal year to ¥898.1 billion, while the company recorded an operating loss of ¥245.5 billion, an ordinary loss of ¥257.3 billion and a net loss attributable to owners of the parent, after deduction of income taxes and other taxes, of ¥233.2 billion.」

「During the cumulative third quarter, operating revenue decreased 44.0% year on year to ¥645.0 billion due to the impact of COVID-19, while the company recorded an operating loss of ¥175.5 billion, an ordinary loss of ¥189.3 billion and a net loss attributable to owners of the parent, after deduction of income taxes and other taxes, of ¥161.8 billion.」

「During the cumulative second quarter, operating revenue decreased 48.8% year on year to ¥389.9 billion due to the impact of COVID-19, while the company recorded an operating loss of ¥144.7 billion, an ordinary loss of ¥154.3 billion and a net loss attributable to owners of the parent, after deduction of income taxes and other taxes, of ¥128.1 billion.」

「During the cumulative first quarter, transportation revenue was strong, including during the peak travel season. As a result, operating revenue increased 1.3% year on year to ¥365.7 billion, operating income increased 9.5% to ¥66.0 billion, ordinary income increased 10.4% to ¥62.2 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 10.3% to ¥42.5 billion.」

「During the consolidated fiscal year, operating revenue and operating income remained firm and exceeded the previous year through the third-quarter results as a result of the initiatives described above and other measures. However, usage declined sharply as the spread of COVID-19 changed usage patterns, resulting in operating revenue decreasing 1.4% from the previous fiscal year to ¥1.5082 trillion, operating income decreasing 18.4% to ¥160.6 billion, ordinary income decreasing 19.1% to ¥148.3 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, decreasing 13.0% to ¥89.3 billion.」

「During the cumulative third quarter, transportation revenue was strong, including during the peak travel season. As a result, operating revenue increased 2.0% year on year to ¥1.1516 trillion, operating income increased 6.4% to ¥191.1 billion, ordinary income increased 7.3% to ¥180.0 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 19.8% to ¥117.1 billion.」

「During the cumulative second quarter, transportation revenue was strong, including during the peak travel season. As a result, operating revenue increased 3.4% year on year to ¥762.0 billion, operating income increased 13.7% to ¥128.8 billion, ordinary income increased 14.9% to ¥121.6 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 42.5% to ¥80.4 billion.」

「During the cumulative first quarter, transportation revenue was strong, including during the peak travel season. As a result, operating revenue increased 1.3% year on year to ¥365.7 billion, operating income increased 9.5% to ¥66.0 billion, ordinary income increased 10.4% to ¥62.2 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 10.3% to ¥42.5 billion.」

「Operating revenue increased 1.9% year on year to ¥1.5293 trillion, operating income increased 2.9% to ¥196.9 billion, ordinary income increased 3.1% to ¥183.3 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, decreased 7.0% to ¥102.7 billion due to the recognition of extraordinary losses resulting from natural disasters.」

「During the cumulative third quarter, the transportation segment recorded lower revenue due to reduced usage caused by natural disasters, but the other segments remained firm. Operating revenue increased 1.6% year on year to ¥1.1290 trillion, while operating income increased 2.6% to ¥179.7 billion, mainly due to lower operating expenses resulting from schedule adjustments and other measures to prioritize disaster recovery work in the transportation segment. Ordinary income increased 3.5% to ¥167.8 billion. However, net income attributable to owners of the parent, after deduction of income taxes and other taxes, decreased 9.8% to ¥97.7 billion due to the recognition of extraordinary losses resulting from natural disasters.」

「During the cumulative second quarter, the transportation segment recorded lower revenue due to reduced usage caused by natural disasters, but the other segments remained firm. Operating revenue increased 1.4% year on year to ¥736.9 billion, operating income increased 1.9% to ¥113.3 billion, and ordinary income increased 3.1% to ¥105.8 billion. However, net income attributable to owners of the parent, after deduction of income taxes and other taxes, decreased 16.7% to ¥56.4 billion due to the recognition of extraordinary losses resulting from natural disasters.」

「As a result, operating revenue increased 2.4% year on year to ¥361.1 billion, operating income increased 10.0% to ¥60.2 billion, ordinary income increased 11.7% to ¥56.4 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 11.0% to ¥38.5 billion.」

「As a result, operating revenue increased 4.1% year on year to ¥1.5004 trillion, operating income increased 8.5% to ¥191.3 billion, ordinary income increased 10.6% to ¥177.7 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 21.0% to ¥110.4 billion.」

「As a result, operating revenue increased 4.3% year on year to ¥1.1113 trillion, operating income increased 11.1% to ¥175.2 billion, ordinary income increased 13.3% to ¥162.2 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 17.2% to ¥108.4 billion.」

「As a result, operating revenue increased 3.8% year on year to ¥727.1 billion, operating income increased 13.1% to ¥111.2 billion, ordinary income increased 16.0% to ¥102.6 billion, and net income attributable to owners of the parent, after deduction of income taxes and other taxes, increased 18.8% to ¥67.8 billion.」