Competition with Air Travel and Other Transport Modes, and Economic Conditions
First written in FY2016. 19 of 23 entries say "Restated". Latest entry: FY2026.
Central Japan Railway Company moved to the "Worse" side of this theme in 2026.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Accordingly, in addition to competition with existing and new operators, changes in the domestic economy arising from trends in prices, interest rates and foreign exchange rates and from international conditions, as well as future demographic trends associated with the declining birthrate and ageing population, may affect the Group's financial position, business results and cash flows.」
In addition to existing competition, economic conditions, demographic trends and remote working, the Company explicitly identifies prices, interest rates, foreign exchange rates and international conditions as factors that may affect it. - FY2025RestatedAnnual report
「In the railway business, the Group competes with airlines, other railway companies and alternative modes of transport such as automobiles and buses. In businesses outside the railway sector, it also competes with existing and new operators.」
The Company continues to identify the risk of competition from airlines and other modes of transport, as well as economic conditions. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2024WorsenedAnnual report
「In recent years, remote working and web conferencing have become widespread and may continue to affect demand for railway services.」
In addition to the existing risks from airlines, other modes of transport and economic conditions, the Company explicitly identifies the spread of remote working and web conferencing as factors that may affect railway usage. - FY2024-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2023-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2023-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2022-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2020WorsenedAnnual report
「In the railway business, the Group competes with airlines, other railway companies and alternative modes of transport such as automobiles and buses. In businesses outside the railway sector, it also competes with existing and new operators. In addition, these businesses are affected by the state of the Japanese economy, particularly economic conditions in the Tokyo metropolitan, Chukyo and Kinki regions, which are its principal operating areas. Competition with existing and new operators, future economic conditions and future demographic trends associated with the declining birthrate and ageing population may affect the Group's financial position, business results and cash flows.」
In addition to existing competition and economic conditions, the Company explicitly identifies future demographic trends associated with the declining birthrate and ageing population as factors that may affect it. - FY2020-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, other modes of transport, economic conditions and other factors. - FY2019-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, economic conditions and other factors. - FY2019-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition and economic conditions. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition and economic conditions. - FY2018RestatedAnnual report
「In the railway business, the Group competes with airlines, other railway companies and alternative modes of transport such as automobiles and buses. In businesses outside the railway sector, it also competes with existing and new operators. In addition, these businesses are affected by the state of the Japanese economy, particularly economic conditions in the Tokyo metropolitan, Chukyo and Kinki regions, which are its principal operating areas. Competition with existing and new operators and future economic conditions may therefore affect the Group's business results.」
The Company continues to identify competition from transport operators and the impact of economic conditions in its operating areas as existing risks. - FY2017RestatedAnnual report
「In the railway business, the Group competes with airlines, other railway companies and alternative modes of transport such as automobiles and buses. In businesses outside the railway sector, it also competes with existing and new operators. In addition, these businesses are affected by the state of the Japanese economy, particularly economic conditions in the Tokyo metropolitan, Chukyo and Kinki regions, which are its principal operating areas. Competition with existing and new operators and future economic conditions may therefore affect the Group's business results.」
The Company identifies competition from transport operators and the impact of economic conditions as existing risks. - FY2017-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition, economic conditions and other factors. - FY2017-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the existing risks related to competition and economic conditions. - FY2016First statedAnnual report
「In the railway business, the Group competes with airlines, other railway companies and alternative modes of transport such as automobiles and buses. In businesses outside the railway sector, it also competes with existing and new operators.」
The Company states that airfares, airport convenience, competition from other modes of transport and economic conditions in its operating areas may affect its business results.