Intensifying Competition in the Railway, Bus, Shipping and Commercial Facilities Businesses
First written in FY2016. 2 of 4 entries say "Worsened", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2026: 31 of 91 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In the bus business, entry into new routes is subject to free competition, and intensifying competition may affect the performance of the Group. In addition, although shortages of bus drivers are becoming more serious nationwide, the Group's performance may also be affected depending on its ability to secure the necessary personnel.」
In addition to the previously disclosed risk of intensifying competition, the nationwide shortage of bus drivers and the potential impact on performance depending on the ability to secure personnel were explicitly identified in the same section. - FY2022RestatedAnnual report
「In the bus business, supply-and-demand adjustment regulations for route bus services were completely abolished in February 2002, and entry into new routes is subject to free competition. Intensifying competition may therefore affect the performance of the Group.」
Competition risks in the railway, bus and Namba commercial-facilities businesses continue to be disclosed. - FY2017WorsenedAnnual report
「In the railway business, some routes compete with West Japan Railway Company in transportation from southern Osaka to Wakayama Prefecture and Kansai International Airport, and with the Osaka Municipal Subway in transportation from Osaka City to northern Sakai City. In addition, a shift to means of transportation such as private cars and motorcycles may continue to have an impact. In the bus business, supply-and-demand adjustment regulations for route bus services were completely abolished in February 2002, and entry into new routes is subject to free competition. Intensifying competition may therefore affect the performance of the Group. In addition, the Namba area, where the Company operates its principal offices, includes the commercial facilities Namba CITY and Namba Parks Shops & Diners, which compete with large commercial facilities in other areas of Osaka City, including Umeda and Tennoji.」
The Osaka Municipal Subway as a railway competitor, new entrants to bus routes and competing areas for Namba's commercial facilities were added, broadening the scope of competition risks. - FY2016First statedAnnual report
「Some routes compete with West Japan Railway Company in transportation from southern Osaka to Wakayama Prefecture and Kansai International Airport. In addition, a shift to means of transportation such as private cars and motorcycles may continue to have an impact.」
Disclosed competition between railway routes and the shift to private cars and other means of transportation.