About budget for FY2019

We are pleased to announce the outline of the Transportation Bureau budget for FY2019.

The budget for fiscal 2019 was approved as originally proposed.

FY2019 Transportation Bureau Budget Outline

In fiscal 2017, Transportation Bureau has achieved profitability for both the bus and subway businesses in fiscal 2017, maintaining self-reliant management and providing transportation services to approximately one million customers a day.
However, due to the rapid aging of the birthrate and aging population, future ride fee revenues cannot be expected to grow significantly, and efforts to respond to uncertain fuel procurement costs and improve safety are also issues. In addition, the business environment surrounding municipal transportation is becoming increasingly severe, as a large amount of investment is required to respond to aging facilities and equipment.
Under these circumstances, we will continue to create an environment that is easy for customers to use in order to continue providing safe, reliable and comfortable transportation services to citizens at a higher level while maintaining sound management. I will proceed.

The budgets for both businesses are as follows: In the automobile business, operating income was 170 million yen and ordinary income was 155 million yen. In the high-speed railway business, operating income was 7,745 million yen and ordinary income was 7,912 million yen. We have recorded a profit of 7,912 million yen.