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Hiroshima Electric Railway (9033) · InitiativeAdvanced

Securing revenue through the August 2017 fare revision

First written in FY2018-Q2. 5 of 10 entries say "Restated". Latest entry: FY2025.

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ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2019-Q3AdvancedFY2020-Q3 – FY2023-Q2RestatedFY2024-Q12017: 12018: 420182019: 120192020: 120202021: 020212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies
Increase in Transportation Revenue through Railway and Bus Fare RevisionsA theme 8 companies write about · 0 as a headwind · 8 as a tailwind

3 other companies' latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「In July 2024, we began providing the new ticketing service MOBIRY DAYS (モビリーデイズ). The system allows users to purchase and recharge commuter passes at any time from a smartphone or computer and supports flexible fare structures. We will use it to pursue more user-friendly and convenient public transportation services.」

    The MOBIRY DAYS service, which replaces PASPY, was launched, providing online purchase and recharging and flexible fare structures.
  2. FY2024-Q1RestatedAnnual report

    「Convenience-enhancing measures contributed to higher revenue year on year, including the establishment in November 2022 of a clear fare structure with a flat ¥220 fare for both trams and scheduled buses in the central delta area of Hiroshima City, the expansion of integrated commuter passes allowing reciprocal use of trams and buses, and the sale of digital unlimited-ride tickets allowing reciprocal use of trams and scheduled buses during weekday daytime hours and on weekends and public holidays.」

    The convenience-enhancing measures comprising the ¥220 flat fare, integrated commuter passes and digital unlimited-ride tickets, and their contribution to higher revenue, continue to be reported.
  3. FY2023-Q2AdvancedAnnual report

    「In September 2022, the 7 transport operators, including our Group, applied to the Ministry of Land, Infrastructure, Transport and Tourism for a joint management plan that would establish a sustainable public transport network in the delta area by equalizing fares for route buses and trams, thereby creating common route bus and tram services across operators and transport modes, improving mobility in the delta area, strengthening the management base through improved profitability, and implementing other convenience-enhancing measures, including barrier-free improvements. The plan, which included fare revisions, was certified by the Minister of Land, Infrastructure, Transport and Tourism in October 2022, and fares for route buses and trams were revised in November 2022.」

    The initiatives evolved from conventional fare and integrated-use measures into the application for and approval of a joint management plan by 7 transportation operators and the implementation of a fare revision.
  4. FY2020-Q3AdvancedAnnual report

    「In the rail business, following the fare revision implemented on 1 October, we launched the IC Card Reboarding Service, which allows passengers to reboard without an additional charge within 60 minutes of alighting, provided they board from the same stop and do not travel back toward the stop at which they alighted, thereby improving convenience.」

    In conjunction with the fare revision on 1 October, a new convenience measure was implemented by launching an IC card reboarding service.
  5. FY2019-Q3RestatedAnnual report

    「In the railway and tramway business, from May we began operating an all-door alighting service exclusively on Green Mover LEX trams, allowing passengers to alight from the centre doors and shortening movement within the vehicle, thereby improving convenience and speed of service. Revenue also increased because of the effects of the fare revision implemented in August 2017.」

    The all-door alighting service and the effects of the August 2017 fare revision continue to be reported as factors improving convenience and contributing to higher revenue in the railway and tramway business.
  6. FY2019-Q2RestatedAnnual report

    「The railway and tramway business reported higher revenue because of the effects of the fare revision implemented in August 2017.」

    The August 2017 fare revision continues to be reported as a factor contributing to higher revenue in the railway and tramway business.
  7. FY2019-Q1RestatedAnnual report

    「The railway and tramway business reported higher revenue because of the effects of the fare revision implemented in August of the previous year.」

    The effects of the fare revision in August of the previous year continue to contribute to higher revenue in the railway and tramway business.
  8. FY2018AdvancedAnnual report

    「In the automotive business, we continued to replace hybrid and low-floor buses. In November 2017, as a first step toward establishing an easy-to-understand and user-friendly fare structure set out in the Hiroshima City Regional Public Transportation Network Formation Plan, we set fares in the northern delta area of Hiroshima City at the same level as tram fares to improve convenience for users.」

    Following the August 2017 fare revision, a measure was implemented in November to set fares in the northern delta area at the same level as tram fares.
  9. FY2018-Q3RestatedAnnual report

    「The railway and tramway business reported higher revenue, partly because of the effects of the fare revision implemented in August 2017.」

    The August 2017 fare revision continues to be reported as a factor contributing to higher revenue in the railway and tramway business.
  10. FY2018-Q2First statedAnnual report

    「The railway and tramway business reported higher revenue, partly because of the effects of the fare revision implemented in August 2017.」

    A fare revision was implemented in August 2017, and higher revenue in the railway and tramway business was identified as one of its effects.
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"Upgrading streetcars to light rail transit and improving speed and convenience" moved the same way as this thread, in the same document, in 4 of its 10 moves.

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  1. ★This thread
  2. 1Upgrading streetcars to light rail transit and improving speed and convenience4×
  3. 2Addressing demand and reorganizing routes alongside public transport infrastructure development3×
  4. 3Developing tourism demand for Miyajima and Mount Misen3×
  5. 4Improving cash efficiency and reducing interest-bearing debt through a CMS3×
  6. 5Interest-Bearing Debt and Interest-Rate Increase Risk3×
  7. 6Increasing bowling customers through health-focused bowling classes and bowling-and-meal packages3×

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Hiroshima Electric Railway's next results are scheduled for 2026-11-13. Read the earnings preview
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