Improved convenience through lower base fares, ride-sharing and other measures

「Regarding Japanese-style ride-sharing, a current industry issue, we began operating a service in April that enables taxi operators to use private vehicles for the taxi business through the S.RIDE® taxi app. Through these activities, we will place even greater emphasis on providing services that meet customer needs and aim to become the taxi service chosen by everyone.」

「In the taxi segment, the impact of the spread of COVID-19 had subsided and customers' social and economic activities were normalizing. In addition, fare increases implemented from November 2022 in Tokyo's 23 wards, Musashino and Mitaka, and from November 2023 in the northern Tama area, to further improve services and drivers' working conditions, resulted in sales of ¥8,001 million, up 10.2% year on year.」

「Due to higher fuel unit prices, increased costs for COVID-19 countermeasures, higher payment-processing costs resulting from the increased use of cashless payments, and lower sales due to the decline in economic activity, we raised fares in Tokyo's 23 wards, Musashino and Mitaka from November 2022.」

「As in the previous year, we worked to improve convenience for as many customers as possible by promoting the S.RIDE dispatch app, which includes a fixed-fare-in-advance service, payment services using various forms of electronic money such as QR codes and Suica, and CAB Card Mobile.」

「In October 2019, we launched a fixed-fare-in-advance service through a dispatch app.」

「Last October, we developed a variable pickup-charge app and conducted a demonstration project for variable pickup charges at 4 locations in Tokyo. In the same month, we conducted a demonstration project for flat-rate taxis at 2 locations in Tama and took the lead in participating in the 11 ride-sharing measures.」

「We have also participated in demonstration projects for variable pickup charges and flat-rate taxis as ride-sharing measures and in an autonomous-driving demonstration project, while strengthening services for business users and visitors to Japan and developing the branding of Daiwa Motor Transportation.」

「In July, we launched WEB Taxi, a jointly developed app by three parties with the Tokyo Musen Cooperative and Checker Musen Cooperative. In August, we partnered with Taiwan Taxi and began reciprocal bookings for sightseeing taxis and airport transfers, among other new services that have begun to roll out.」

「In addition to lowering the base fare to ¥410, we will continue to provide services in a timely manner that improve customer convenience, including shared taxis and the consideration of fixed fares confirmed in advance.」

「We participated in a demonstration project for fixed fares confirmed in advance last August and in a demonstration project for shared taxis in January this year, and will take the lead in addressing the 11 ride-sharing measures.」

「In August, we also participated in a demonstration project for fixed fares confirmed in advance, and in January this year we will participate in a demonstration project for shared taxis. We will also take the lead in addressing the 11 ride-sharing measures scheduled to be implemented, including regular fares and dynamic pricing.」

「In August, we also participated in a demonstration project for fixed fares confirmed in advance, and early next year we will participate in a demonstration project for shared taxis. We will also take the lead in addressing the 11 ride-sharing measures to be implemented, including regular fares and dynamic pricing.」

「At our 4 taxi subsidiaries in Tokyo's 23 wards, we introduced a distance-based fare system with a ¥410 base fare on 30 January 2017. Increased demand from short-distance passengers resulted in increases in the utilization rate for occupied vehicles, up 1.1% year on year, the number of trips, up 1.4% year on year, and sales per vehicle per day, up 2.5% year on year. Although the operating rate declined by 0.8% year on year, sales were ¥2,093 million at the 4 taxi subsidiaries in Tokyo's 23 wards, up 1.3% year on year, and ¥2,370 million at all 6 taxi subsidiaries, up 0.7% year on year.」

「In addition to lowering the base fare to ¥410 from 30 January this year, we intend to focus on developing new dispatch systems, including shared taxis, and various new services through collaboration with other companies, including those in the same industry, thereby improving customer convenience.」

「In addition to lowering the base fare to ¥410 from 30 January this year, we intend to provide services that improve customer convenience in a timely manner, including shared taxis and the consideration of fixed fares confirmed in advance.」