Risk related to the restructuring and operating plan of 北神急行電鉄
First written in FY2016. 1 of 6 entries say "Restated". Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1MitigatedAnnual report
「The Group transferred the railway assets related to the Hokushin Kyuko Line to 神戸市交通局 on 1 June 2020.」
The transfer of the railway assets related to the Hokushin Kyuko Line to 神戸市交通局 was completed on 1 June 2020. The asset transfer addressing the previous risk of changes to the operating plan was completed, reducing the Group's exposure to involvement in operations. - FY2020-Q3AdvancedAnnual report
「Subject to completion of the administrative procedures with the relevant regulatory authorities, the Group agreed to transfer the railway assets related to the Hokushin Kyuko Line to 神戸市交通局 on 1 June 2020 and signed the business transfer agreement and other agreements on 2 December 2019.」
The transfer plan for the railway assets related to the Hokushin Kyuko Line progressed from the basic agreement in March 2019, and the parties signed the business transfer agreement and other agreements for a transfer on 1 June 2020. - FY2019MaterialisedAnnual report
「Following the discussions, the Group agreed to transfer the railway assets related to the Hokushin Kyuko Line to 神戸市交通局 by the first half of FY2020 and signed a basic agreement on 29 March 2019.」
The parties signed a basic agreement on the transfer of railway assets related to the Hokushin Kyuko Line to 神戸市交通局. In connection with this, railway assets of ¥19.163 billion were written down, and the financial impact of the change to the plan has materialized. - FY2019-Q3Consultations begin on integrated operationsAnnual report
「神戸市 proposed that 阪急電鉄, a consolidated subsidiary, begin discussions on the possibility of integrated operations by 神戸市交通局, including the transfer of assets from the Group, as part of an examination aimed at reducing fares on the Hokushin Kyuko Line (Shin-Kobe Station–Tanigami Station). On 27 December 2018, 阪急電鉄 agreed to participate in the discussions.」
The parties agreed to begin discussions on the possibility of integrated operations by 神戸市交通局 and the transfer of railway assets from the Group in relation to the Hokushin Kyuko Line. The disclosure states that the Group could be affected depending on how the discussions progress. - FY2017RestatedAnnual report
「The Group will continue to cooperate so that 北神急行電鉄, which operates a Category 2 railway business, can continue to operate smoothly. However, changes to the plan or other developments could affect the Group.」
The company continues to disclose the possibility of an impact from changes to 北神急行電鉄's operating plan. Negative net worth of ¥24.661 billion has been disclosed. - FY2016First statedAnnual report
「The Group will continue to cooperate so that 北神急行電鉄, which operates a Category 2 railway business, can continue to operate smoothly. However, changes to the plan or other developments could affect the Group.」
北神急行電鉄 was classified as an insolvent company in the disclosure on the status of affiliates, with negative net worth of ¥24.841 billion. The disclosure also describes support provided to maintain the plan, including additional financing by 阪急電鉄.