Policy of Using Consolidated Operating Revenue and Consolidated EBITDA as Management Indicators
First written in FY2017. 1 of 2 entries say "Restated". Latest entry: FY2018.
14 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「To evaluate the growth of the Company's earnings capacity over time, consolidated EBITDA is used as a management indicator in addition to consolidated operating revenue.」
The policy of using consolidated operating revenue and consolidated EBITDA as management indicators for evaluating earnings capacity continues. - FY2017First statedAnnual report
「The management targets in this medium-term management plan use consolidated operating revenue and consolidated EBITDA as management indicators. Because capital investment in the core railway business is relatively substantial and individual profit measures are susceptible to fluctuations in annual capital investment, consolidated EBITDA is used in addition to consolidated operating revenue to evaluate the growth of the Company's earnings capacity over time.」
The approach is to use consolidated EBITDA in addition to consolidated operating revenue as an indicator for evaluating the Company's earnings capacity.