Expanding Business Scope and Entering Growth Areas

「In the tourism facilities business, 奥飛観光開発㈱ renovated the Nishihodaka-guchi Station building at the Shin-Hotaka Ropeway, which is being developed in stages as a mountain resort. Meitetsu Impress㈱ opened IMMERSIVE JOURNEY Nagoya, the first large-scale XR entertainment facility in the Tokai region, and worked to further enhance the appeal of the area.」

「Operating revenue from the aviation-related services business was ¥14,760 million, up 9.5% year on year, reflecting increased orders in the helicopter and in-flight catering businesses. Operating profit, however, fell 36.8% year on year to ¥504 million despite higher revenue, due mainly to increased repair expenses.」

「Revenue from the aviation-related services business was ¥13,482 million, up 12.9% year on year, due to increased orders in in-flight catering and higher transportation of materials and other factors in the aviation business. Operating results improved by ¥1,122 million from the previous year due to higher revenue, resulting in operating profit of ¥797 million.」

「Revenue from the aviation-related services business was ¥26,278 million, up 2.7% year on year, due to increased orders in in-flight catering and aircraft maintenance. Operating profit was ¥1,087 million, down 19.2% year on year, due mainly to higher outsourcing and personnel expenses.」

「Revenue from the aviation-related services business was ¥18,894 million, up 2.7% year on year, due to increased orders in aircraft maintenance and in-flight catering. Operating profit was ¥622 million, down 63.6% year on year, due mainly to higher repair and personnel expenses.」

「Revenue from the aviation-related services business was ¥11,941 million, up 6.4% year on year, due to increased orders in aircraft maintenance and in-flight catering. Operating results deteriorated by ¥676 million from the previous year due mainly to higher repair expenses, resulting in an operating loss of ¥325 million.」

「Revenue from the aviation-related services business was ¥5,438 million, up 4.4% year on year, due to increased orders in aircraft maintenance and the recovery of demand in the in-flight catering business from the previous year. Operating loss was ¥158 million, roughly unchanged from the previous year, due mainly to higher miscellaneous expenses.」

「Revenue from the aviation-related services business was ¥25,578 million, up 9.5% year on year, due to increased orders in aircraft maintenance and recovering demand in the in-flight catering business. Although revenue increased, operating profit was ¥1,346 million, down 7.4% year on year, due mainly to higher personnel and depreciation expenses.」

「Revenue from the aviation-related services business was ¥18,390 million, up 7.1% year on year, due to increased orders in aircraft maintenance and recovering demand in the in-flight catering business. Operating profit was ¥1,709 million, up 2.2% year on year, due to improved profitability in the in-flight catering business.」

「Revenue from the aviation-related services business was ¥11,228 million, up 7.6% year on year, due mainly to increased orders in aircraft maintenance. Operating profit was ¥351 million, down 52.0% year on year, due to higher repair expenses and other costs in the aviation business.」

「Revenue from the aviation-related services business was ¥5,207 million, up 19.6% year on year, due mainly to increased orders in aircraft maintenance. The operating loss narrowed by ¥6 million from the previous year to ¥152 million due to higher revenue.」

「To rebalance an earnings structure in which the transportation business accounts for more than half, we will strengthen earnings power in businesses outside railways by focusing on real estate, competitive businesses such as transportation and aviation, strengthening and adding value to marketing, and developing new business domains, all of which are areas expected to grow for the Group.」

「Revenue from the aviation-related services business was ¥17,170 million, up 6.6% year on year, due to increased orders in aircraft maintenance and increased transportation of materials. Operating profit was ¥1,673 million, down 1.8% year on year, due to deteriorating profitability in the helicopter business.」

「Revenue from the aviation-related services business was ¥10,436 million, up 4.7% year on year, due to increased transportation of materials in the aviation business. Operating profit was ¥732 million, up 303.7% year on year, due to higher revenue.」

「Revenue from the aviation-related services business was ¥4,352 million, down 1.3% year on year, due mainly to decreased orders in the aircraft maintenance business. The operating loss narrowed by ¥57 million from the previous year to ¥158 million, reflecting lower repair expenses and other factors.」

「In the trucking business, 名鉄運輸㈱ opened the 名鉄トラックターミナル関西 as a key Group terminal in western Japan and established an integrated hub to meet a wide range of transportation needs in the Kansai region.」

「Revenue from the aviation-related services business was ¥16,106 million, down 19.4% year on year, due to a decline in orders in the in-flight catering business resulting from the impact of COVID-19. Operating profit was ¥1,704 million, down 39.4% year on year, due to lower revenue.」

「Revenue from the aviation-related services business was ¥9,964 million, down 18.8% year on year, due to a decline in orders in the in-flight catering business resulting from the impact of COVID-19. Operating profit was ¥181 million, down 84.7% year on year, due to lower revenue.」

「Revenue from the aviation-related services business was ¥4,411 million, down 19.5% year on year, due to a decline in orders in the in-flight catering business resulting from the impact of COVID-19. Operating results deteriorated by ¥333 million from the previous year due to lower revenue, resulting in an operating loss of ¥216 million.」

「名鉄協商㈱ actively pursued initiatives in the sharing economy, including launching the カリテコバイク bike-sharing service in central Nagoya using parking facilities and other assets it operates, and expanding the カリテコ car-sharing service to Tokyo.」

「Revenue from the aviation-related services business was ¥19,993 million, up 0.4% year on year, due mainly to increased orders in the in-flight catering business. Operating profit was ¥2,814 million, up 1.8% year on year, due to higher revenue.」

「Revenue from the aviation-related services business was ¥12,268 million, up 1.9% year on year, due mainly to increased orders in the in-flight catering business. Operating profit was ¥1,187 million, down 2.0% year on year, due to deteriorating profitability in the aircraft maintenance business.」

「The new operating companies 名鉄ライフサポート㈱ and 名鉄スマイルプラス㈱ actively opened new locations, primarily in Nagoya and along the Group’s railway lines, to expand lifestyle support services for seniors and families raising children. 名鉄協商㈱ also expanded its car-sharing service カリテコ to Kanazawa, its first location outside the Tokai region, and began a partnership with dカーシェア, a service provided by NTT DOCOMO, INC., thereby advancing its response to the sharing economy.」

「Revenue from the aviation-related services business was ¥19,906 million, up 9.2% year on year, due mainly to increased orders in aircraft maintenance, surveying and measurement, and catering. Operating profit was ¥2,765 million, up 28.4% year on year.」

「Revenue from the aviation-related services business was ¥12,038 million, up 5.7% year on year, due mainly to increased orders in the aircraft maintenance and catering businesses. Operating profit was ¥1,211 million, up 9.2% year on year.」

「Among the businesses previously included in “Other businesses,” the company has established aviation-related services as a new reportable segment, as it plans to focus on this area as a future growth sector.」

「In its other businesses, the company established 名鉄ライフサポート㈱ in June of the previous year and launched 名鉄レコードブック, which provides short-session rehabilitation day services. It also expanded its business domains by establishing 名鉄スマイルプラス㈱ in November of the previous year to operate the TELACO after-school program, which adds enrichment activities to school-age childcare, and the small-scale childcare facility ぽっぽ園.」

「In June, the company established the joint venture 名鉄ライフサポート㈱ through a joint investment with internet infinity INC. to operate short-session rehabilitation day services, and advanced initiatives to meet the needs of seniors.」

「We will pursue the “comprehensive lifestyle services business,” which contributes to richer lives by providing services related to housing and daily living in the Group’s business areas, including along railway lines. Specifically, we will pursue businesses for seniors, whose market is expected to grow as the population ages; businesses that support dual-income households and women’s participation in the workforce; and businesses that enhance the appeal of stations and surrounding areas along daily travel routes.」

「The company sought to generate new demand by extending the Nagoya–Utsunomiya/Koriyama highway bus route and launching it as the new Nagoya–Utsunomiya/Fukushima route.」

「In the real estate leasing business, 名鉄協商㈱ established its “Kanto Branch” in September to expand its parking business and other operations in the Kanto region, and worked to strengthen its sales capabilities.」

「In April, 名鉄運輸㈱ made 信州名鉄運輸㈱ a wholly owned subsidiary through a share exchange, establishing a stronger collaboration framework. It also sought to expand and enhance its business domains through a capital and business alliance with 日本通運㈱.」

「In addition to pursuing the “comprehensive lifestyle services business,” which contributes to richer lives by proposing combinations of services from group companies to meet a wide range of everyday needs, we will strengthen initiatives targeting inbound demand, including developing free Wi-Fi environments for international visitors at major stations and in premium carriages on limited express trains, as well as actively participating in the Shoryudo Project.」