Revision of tugboat charges and passenger fares in response to higher fuel and purchase prices
First written in FY2022. 6 of 10 entries say "Advanced", first in FY2023-Q1. Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「The tugboat business posted higher revenue in all areas, due to an increase in vessels handled as well as the effect of the rate increases from May 2025 for harbor tug operations and escort operations for escort vessels.」
The annual results confirm that the May 2025 rate revisions for harbor tug and escort operations contributed to higher revenue in all areas. - FY2026-H1AdvancedAnnual report
「From May 2025, the tugboat operation rate for harbor tug operations and the escort operation rate for escort vessels were increased in the tugboat business.」
The rate increases for harbor tug and escort tug operations implemented in May 2025 were reflected in interim results as higher revenue across all areas and as the effect of the increases. - FY2025AdvancedAnnual report
「In the harbor tug and escort tug businesses, tugboat rates were revised upward from 1 May 2025 to keep pace with rising costs.」
Following the increases in port tugboat rates from November and December 2022, rates for harbor tug and escort tug operations were also revised from 1 May 2025. - FY2024RestatedAnnual report
「We increased port tugboat rates from November 2022 in the Yokohama-Kawasaki, Chiba and Yokosuka areas for harbor operations, and from December 2022 in the Tokyo area. The effect of these increases contributed throughout the year, while the easing of measures related to COVID-19 led to an increase in port calls by large passenger vessels, and the number of port calls by container ships and car carriers remained firm, resulting in higher revenue.」
It reconfirms that the increases in port tugboat rates from November and December 2022 contributed to higher revenue throughout the year. - FY2024-Q1RestatedAnnual report
「The tugboat business posted higher revenue in the Yokohama-Kawasaki area, where the number of port calls by car carriers and container ships among the vessels handled continued to trend upward, large passenger vessels began to return, and the increase in port tugboat rates from November of the previous fiscal year also took effect.」
The increase in port tugboat rates from November 2022 continues to be cited as a factor behind higher revenue in the Yokohama-Kawasaki area. - FY2023RestatedAnnual report
「Revenue improved following the increase in port tugboat rates from November 2022.」
The annual results confirm that the increase in port tugboat rates from November 2022 contributed to improved earnings. - FY2023-Q3AdvancedAnnual report
「Revenue improved following the increase in port tugboat rates from November 2022.」
It states that tugboat rates were increased from November 2022 to bring them into line with appropriate levels, contributing to improved earnings. - FY2023-Q2AdvancedAnnual report
「Similarly, in the car ferry segment linking Kurihama and Kanaya, revenue increased because of the rebound from self-restraint measures in the previous fiscal year and the effect of fare increases from April. However, in addition to unfavorable weather, the surge in gasoline prices dampened demand from passengers using private cars.」
The disclosure states that the revision of passenger shipping fares implemented from April, together with the rebound after the lifting of requests for people to refrain from going out, contributed to higher revenue in the car ferry division. - FY2023-Q1AdvancedAnnual report
「Revenue in the passenger shipping business increased as COVID-19 infections declined, requests for people to refrain from activities were lifted, and the effects of the prefectural resident discount tourism campaign and the fare revisions introduced in April contributed to revenue.」
The disclosure states that the revision of passenger shipping fares implemented from April FY2022, together with the prefectural resident discount program and other measures, contributed to higher revenue in the quarter. - FY2022First statedAnnual report
「The Company aims to bring tugboat charges to an appropriate level amid inflation, with the understanding of tugboat customers. In the passenger shipping business, it became difficult to absorb the substantial increases in fuel oil prices and the procurement costs of food ingredients and other items, so the Company revised its fares from April of this year.」
In response to inflation and higher fuel oil and food prices, the Company aims to bring tugboat charges to an appropriate level and revised fares in the passenger shipping business from April of this year.