Increase in Transport Demand from Advance Purchases of Commuter Passes before the Consumption Tax Increase
First written in FY2020-Q2. . Latest entry: FY2020-Q3.
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- FY2020-Q3Updated third-quarter results reflecting advance purchases before the tax increaseAnnual report
「The Transportation segment reported operating revenue of ¥77,841 million, up 2.4% year on year, and operating profit of ¥13,441 million, up 11.4%, due to factors including a rebound from natural disasters in the previous fiscal year and advance purchases of commuter passes and other items ahead of the consumption tax increase.」
Advance purchases of commuter passes and other items before the consumption tax increase continued to be cited, together with a rebound from natural disasters, as factors behind the 2.4% increase in operating revenue and the 11.4% increase in operating profit in the Transportation segment for the nine months ended December 31. - FY2020-Q2First statedAnnual report
「The Transportation segment reported operating revenue of ¥52,416 million, up 4.3% year on year, and operating profit of ¥9,388 million, up 18.1%, due to factors including a rebound from natural disasters in the previous fiscal year and advance purchases of commuter passes and other items ahead of the consumption tax increase.」
Advance purchases of commuter passes and other items before the consumption tax increase were cited for the first time as one factor behind higher revenue and profit in the Transportation segment for the six months ended September 30.