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Hiroshima Electric Railway (9033) · FactAdvanced

Railway and tramway demand driven by increased visitors to facilities along the lines

First written in FY2017-Q3. 16 of 22 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-08-12.

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ProgressHeldSoftenedWorseFirst statedFY2017-Q3 – FY2017WorsenedFY2020 – FY2021AdvancedFY2022-Q2 – 2026-08-122017: 220172018: 020182019: 220192020: 220202021: 320212022: 420222023: 320232024: 220242025: 220252026: 22026
Same theme, other companies
Railway and tramway demand driven by increased visitors to facilities along the linesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. 2026-08-12AdvancedResults

    「鉄軌道事業につきましては、2025年8月の「広島駅前大橋ルート」の開業に伴う利用者の増加により、増収となりました。」

    駅前大橋ルート開業に伴う利用者増加が、当四半期の鉄軌道事業の増収として実績に現れた。
  2. FY2026AdvancedAnnual report

    「In the Rail business, passenger numbers increased due to the opening of the Ekimae Ohashi Route and the increase in visitors to Hiroshima associated with the 80th anniversary of the atomic bombing.」

    Rail passenger numbers increased 12.52% year on year against the backdrop of the opening of the Ekimae Ohashi Route and the increase in visitors to Hiroshima associated with the 80th anniversary of the atomic bombing.
  3. FY2026-H1AdvancedAnnual report

    「In the Rail business, passenger numbers increased due to the opening of the Ekimae Ohashi Route and an increase in visitors to Hiroshima associated with the 80th anniversary of the atomic bombing.」

    Rail passenger numbers increased against the backdrop of the opening of the Ekimae Ohashi Route and the increase in visitors to Hiroshima associated with the 80th anniversary of the atomic bombing.
  4. FY2025AdvancedAnnual report

    「Both the Rail and Automotive businesses recorded higher revenue as demand for travel became more active, with more large-scale events held in Hiroshima, including J.League official matches at the new football stadium and the Hiroshima Flower Festival, which was held on its regular schedule, and following the fare revision implemented on 1 February 2025.」

    Against the backdrop of more large-scale events, stronger demand for travel and the fare revision in February 2025, the Rail and Automotive businesses recorded higher revenue.
  5. FY2025-H1AdvancedAnnual report

    「Both the Rail and Automotive businesses recorded higher revenue as events in Hiroshima increased, including the 2024 Hiroshima Minato Yume Fireworks Festival, held in July 2024 for the first time in 5 years, and as demand for travel became more active.」

    The Rail and Automotive businesses recorded higher revenue as events in Hiroshima increased and demand for travel became more active.
  6. FY2024AdvancedAnnual report

    「Both the Rail and Automotive businesses recorded higher revenue, helped by the recovery in demand for travel and inbound tourism, as well as convenience-enhancement measures such as the establishment in November 2022 of a simple fare system in central Hiroshima's delta district, with both streetcars and route buses priced at a flat ¥220.」

    Rail passenger numbers increased 6.29% year on year, while Automotive bus passenger numbers increased 6.30%. The recovery in travel demand and inbound tourism, together with convenience-enhancement measures such as flat ¥220 fares, contributed to higher revenue.
  7. FY2024-Q2AdvancedAnnual report

    「In the Rail and Automotive businesses, users have been trending upward as socioeconomic activity recovers. The company improved convenience by revising timetables to reflect customers' usage patterns and increased operating efficiency by introducing one-person operation on some articulated train cars, subject to ensuring safety. Convenience-enhancement measures also contributed to higher revenue than in the same period of the previous year, including the establishment in November 2022 of a simple fare system in central Hiroshima's delta district, with both streetcars and route buses priced at a flat ¥220.」

    As socioeconomic activity recovered, users of the Rail and Automotive businesses trended upward. Measures including timetable revisions, one-person operation and flat ¥220 fares were implemented, resulting in higher revenue year on year.
  8. FY2024-Q1AdvancedAnnual report

    「In the Transportation segment, users of the Rail and Automotive businesses have been trending upward as socioeconomic activity recovers, although usage has not returned to pre-pandemic levels. In addition, convenience-enhancement measures contributed to higher revenue than in the same period of the previous year, including the introduction in November 2022 of a simple fare system in central Hiroshima's delta district, with both streetcars and route buses priced at a flat ¥220, the expansion of common commuter passes allowing reciprocal use of trains and buses, and the sale of digital free-ride tickets allowing reciprocal use of streetcars and route buses during weekday daytime hours and on weekends and public holidays.」

    As socioeconomic activity recovered, users of the Rail and Automotive businesses trended upward, and measures such as unified fares and common passes contributed to higher revenue. However, usage had not recovered to pre-pandemic levels.
  9. FY2023-Q3AdvancedAnnual report

    「In the Transportation segment, signs of recovery in socioeconomic activity emerged as restrictions associated with COVID-19 were eased and the government's tourism support measures took effect, resulting in higher revenue than the previous year.」

    Against the backdrop of eased restrictions on activity and the government's tourism support measures, socioeconomic activity showed signs of recovery, and the Transportation segment recorded higher revenue year on year.
  10. FY2023-Q2AdvancedAnnual report

    「Demand showed signs of recovery as the year progressed without restrictions on activity, and both the rail and bus businesses recorded higher revenue than in the same period of the previous year.」

    Against the backdrop of the absence of restrictions on activity, demand for rail and bus services showed signs of recovery, and both businesses recorded higher revenue year on year.
  11. FY2023-Q1AdvancedAnnual report

    「As restrictions on activity were lifted and society began moving toward balancing infection-control measures with economic and social activity, passenger traffic gradually increased. Although it had not recovered to pre-pandemic levels, both the rail and bus businesses recorded higher revenue than in the same period of the previous year.」

    Revenue from the rail and bus businesses increased year on year as passenger traffic rose after restrictions on activity were lifted. However, the text states that activity had not recovered to pre-pandemic levels.
  12. FY2022AdvancedAnnual report

    「Both the Rail and Automotive businesses continued to be affected by COVID-19, but passenger numbers increased as economic activity resumed, resulting in higher revenue,」

    In fiscal 2021, rail passenger numbers increased 3.50% and Automotive bus passenger numbers increased 0.99%, indicating a recovery in demand and higher revenue. However, passenger numbers declined again in the second half of the fiscal year as infections resurged.
  13. FY2022-Q3AdvancedAnnual report

    「In Hiroshima Prefecture, although a state of emergency was declared twice, from May to June and from August to September 2021, the number of infections began to decline from November onward, and signs of renewed economic activity emerged, resulting in higher revenue than the previous year.」

    Against the backdrop of declining infections and the resumption of economic activity from November onward, the Transportation segment recorded higher revenue year on year.
  14. FY2022-Q2AdvancedAnnual report

    「Passenger numbers for commuter and school passes showed a degree of recovery, resulting in higher revenue.」

    While overall transportation demand remained sluggish amid the pandemic, passenger numbers for commuter and student passes showed some signs of recovery, contributing to higher revenue in the Transportation segment.
  15. FY2021WorsenedAnnual report

    「In the railway and tramway business, there was a recovery trend in tourism following the decline caused by the July 2018 torrential rains, and the 10-day Golden Week holiday associated with the change of era had a positive effect. However, revenue declined due to the spread of COVID-19.」

    Although tourism demand showed signs of recovery after the torrential rains, revenue in the railway and tramway business declined due to the spread of COVID-19. Total passenger numbers were 38,454 thousand, down 29.68% year on year.
  16. FY2021-Q3WorsenedAnnual report

    「However, the impact of working from home, requests to refrain from going out, commercial facility closures and prolonged school closures was substantial, causing users to fall sharply and revenue to decline.」

    Public transportation users fell sharply due to working from home, requests to refrain from going out, requests to suspend operations and school closures, worsening demand in the railway and tramway and automotive businesses.
  17. FY2021-Q1WorsenedAnnual report

    「In the railway and tramway and automotive businesses, as COVID-19 spread, we thoroughly cleaned and disinfected facilities and vehicles regularly, ventilated vehicles and otherwise worked to establish an environment that would ensure the safety of customers and employees so that people could use public transportation with confidence. We also reviewed service intervals and adjusted the number of services, fulfilling our role as a public transportation provider. Nevertheless, users fell sharply and revenue declined due to working from home, requests to refrain from going out, requests for commercial facilities to suspend operations and the prolonged closure of schools.」

    Although we implemented infection-prevention measures and adjusted services, public transportation users fell sharply due to working from home, requests to refrain from going out, requests to suspend operations and school closures, resulting in lower revenue.
  18. FY2020WorsenedAnnual report

    「In the railway and tramway business, there was a recovery trend in tourism following the decline caused by the July 2018 torrential rains, and the 10-day Golden Week holiday associated with the change of era had a positive effect. However, revenue declined due to the spread of COVID-19.」

    Although tourism showed signs of recovery after the torrential rains, revenue in the railway and tramway business declined due to the spread of COVID-19.
  19. FY2020-Q2AdvancedAnnual report

    「In the railway and tramway business, the decline in tourists caused by the July 2018 torrential rains began to recover, while the 10-day Golden Week holiday associated with the change of era boosted tourism to Hiroshima, including an increase in visitors to Miyajima. As a result, the number of users increased and revenue rose.」

    The decline in tourism after the torrential rains recovered, and increased tourism to Hiroshima, including visitors to Miyajima, led to higher railway and tramway usage and revenue.
  20. FY2020-Q1AdvancedAnnual report

    「In the railway and tramway business, the number of users increased and revenue rose as the 10-day Golden Week holiday associated with the change of era boosted tourism to Hiroshima, including an increase in visitors to Miyajima.」

    Against the backdrop of increased tourists to Hiroshima and visitors to Miyajima due to the 10-day holiday, users of the railway and tramway business increased and revenue rose.
  21. FY2017RestatedAnnual report

    「In the railway and tramway business, visitors to facilities along the lines remained strong due to former U.S. President Obama’s visit to Hiroshima in May 2016 and the Hiroshima Toyo Carp’s first league championship in 25 years, resulting in higher revenue.」

    The strong visitor numbers at facilities along the lines, supported by the Hiroshima visit and the Carp’s championship, and higher railway and tramway revenue continued to be reported for the full fiscal year.
  22. FY2017-Q3First statedAnnual report

    「In the railway and tramway business, visitors to facilities along the lines remained strong due to former U.S. President Obama’s visit to Hiroshima in May 2016 and the Hiroshima Toyo Carp’s first league championship in 25 years, resulting in higher revenue.」

    Against the backdrop of the Hiroshima visit and the professional baseball league championship, visitors to facilities along the lines remained strong, resulting in higher revenue in the railway and tramway business.
Moved together

"Track record of earnings recovery and improvement in the financial base" moved the same way as this thread, in the same document, in 17 of its 22 moves.

171613131111★123456
  1. ★This thread
  2. 1Track record of earnings recovery and improvement in the financial base17×
  3. 2Building a Stable Earnings Structure and Improving Profitability16×
  4. 3Improving cash efficiency and reducing interest-bearing debt through a CMS13×
  5. 4Interest-Bearing Debt and Interest-Rate Increase Risk13×
  6. 5Expanding Public- and Private-Sector Orders and Managing Construction Costs11×
  7. 6Developing tourism demand for Miyajima and Mount Misen11×

★ 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
Hiroshima Electric Railway's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Results of 2026-08-12: "Advanced".
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