Revenue Dependence on Passenger Transportation Services and Risk of Legislative Changes
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 22 of 54 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「In addition, within the Group, the passenger vehicle transportation business accounts for approximately 65% of total Group revenue, and the Group depends heavily on this business.」
The Company reported that revenue dependence on the passenger vehicle transportation business declined from approximately 75% to approximately 65%. However, it continues to explain that dependence on this business remains substantial. - FY2019RestatedAnnual report
「In addition, within the Group, the passenger vehicle transportation business accounts for approximately 75% of total Group revenue, and the Group depends heavily on this business. The activities of companies engaged in these businesses are governed by the Road Transportation Act and other relevant laws and regulations, and amendments to these laws and regulations may affect business performance.」
The Company continues to report revenue dependence of approximately 75% on the passenger vehicle transportation business and the potential impact on business performance of amendments to relevant laws and regulations. - FY2018RestatedAnnual report
「In addition, within the Group, the passenger vehicle transportation business accounts for approximately 75% of total Group revenue, and the Group depends heavily on this business. The activities of companies engaged in these businesses are governed by the Road Transportation Act and other relevant laws and regulations, and amendments to these laws and regulations may affect business performance.」
The Company continues to report revenue dependence of approximately 75% on the passenger vehicle transportation business and the potential impact on business performance of amendments to relevant laws and regulations. - FY2017WorsenedAnnual report
「In addition, within the Group, the passenger vehicle transportation business accounts for approximately 75% of total Group revenue, and the Group depends heavily on this business.」
The Company reported revenue dependence of approximately 75% on the passenger vehicle transportation business, up from approximately 73% previously. - FY2016First statedAnnual report
「The passenger vehicle transportation business accounts for approximately 73% of the Group’s total revenue, and the Group depends heavily on this business. The activities of companies engaged in these businesses are governed by the Road Transportation Act and other relevant laws and regulations, and amendments to these laws and regulations may affect business performance.」
Approximately 73% of revenue depends on the passenger vehicle transportation business, with amendments to relevant laws and regulations identified as a risk to business performance.