Long-term, substantial railway investment and interest burden
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 16 of 29 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Investment in the railway business affects the performance and financial condition of the Group because construction work for continuous grade separation and various renewal investments to ensure safe operations require substantial funding and take place over a long period, resulting in financing costs and an interest burden.」
The company continues to face financing and interest-rate burden risks associated with large-scale, long-term railway investments. - FY2016First statedAnnual report
「Investment in the railway business affects the performance and financial condition of the Group because construction work for continuous grade separation and various investment projects to ensure safe operations require substantial funding and take place over a long period, resulting in financing costs and an interest burden.」
The disclosure described the scale and duration of investments, including continuous grade-separation construction, and the associated financing burden.