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Hiroshima Electric Railway (9033) · InitiativeRestated

Raising Selling Prices in Response to Soaring Raw Material Costs at Miyajima Service Area

First written in FY2024-Q2. 3 of 5 entries say "Restated". Latest entry: FY2026.

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ProgressHeldSoftenedWorseFirst statedFY2024-Q2AdvancedFY2024RestatedFY2025-H1 – FY20262023: 120232024: 220242025: 120252026: 12026
Same theme, other companies
Review of Menus and Store Operations in Response to Rising Raw Material and Labor CostsA theme 3 companies write about · 0 as a headwind · 3 as a tailwind

0 other companies' latest entry also says "Restated".

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  1. FY2026RestatedAnnual report

    「At the Miyajima Service Area store on the Sanyo Expressway, we will work as a company-wide effort to review raw materials and pass costs through to prices in response to higher purchase prices, improve staffing efficiency during peak periods, address aging equipment, and expand sales channels for catered boxed meals and other products, thereby securing profitability.」

    Continues measures to secure profit at the Miyajima Service Area through raw-material reviews and price pass-through, staffing efficiency, measures addressing aging equipment, and expansion of sales channels for catered boxed meals.
  2. FY2025RestatedAnnual report

    「In the distribution business, at the Miyajima Service Area on the Sanyo Expressway, we will address challenges including higher purchase prices, securing staff during peak periods, and the risk of breakdowns of aging equipment. Looking ahead, all employees will work together to stabilize the cost ratio by reviewing raw materials and passing costs through to prices, optimize staff allocation, expand sales channels for catered boxed meals, and secure profit.」

    Continues to pursue profit through price pass-through, raw-material reviews, staff allocation, and expansion of sales channels for catered boxed meals in response to challenges involving raw materials, labor costs, and equipment.
  3. FY2025-H1RestatedAnnual report

    「In the distribution business, revenue increased due to continued growth in leisure traffic and customer traffic generated by the “Pikmin Terrace” event held at the Miyajima Service Area since December of the previous year, but profit decreased due to higher labor costs and other expenses.」

    At the Miyajima Service Area, increased leisure traffic and the customer-attraction effect of “Pikmin Terrace” continued to drive higher revenue, while higher labor costs resulted in lower profit.
  4. FY2024AdvancedAnnual report

    「In the distribution business, revenue increased as we raised product prices at the Miyajima Service Area on the Sanyo Expressway in response to higher raw-material costs, benefited from increased leisure traffic, and attracted customers through the “Pikmin Terrace” event held at the Miyajima Service Area from December 2023.」

    Product prices were raised in response to higher raw-material costs, supplemented by customer traffic generated by the “Pikmin Terrace” event launched in December 2023. Distribution-business operating revenue increased 15.8% year on year to ¥1,134 million, while operating results improved from a ¥3 million loss to a ¥18 million profit.
  5. FY2024-Q2First statedAnnual report

    「In the distribution business, revenue increased substantially as we raised selling prices at the Miyajima Service Area on the Sanyo Expressway in response to higher raw-material costs, and leisure traffic became more active.」

    In response to higher raw-material prices, selling prices were raised at the Miyajima Service Area. The distribution business posted a substantial increase in revenue, helped by increased leisure traffic.
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Hiroshima Electric Railway's next results are scheduled for 2026-11-13. Read the earnings preview
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