Kanagawa Chuo Kotsu Co., Ltd.
9081・Prime Market・Land Transportation
Passenger Motor Vehicle Business
Core business comprising fixed-route bus, taxi, and chartered bus operations centered on Kanagawa Prefecture
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (segment total, including intersegment) | ¥57,908 million | ¥57,219 million | ↑ |
| Net sales to external customers | ¥57,714 million | ¥57,022 million | ↑ |
| Operating income (segment profit) | ¥2,232 million | ¥2,799 million | ↓ |
| Segment assets | ¥65,371 million | ¥63,241 million | ↑ |
| Depreciation and amortization | ¥4,382 million | ¥3,592 million | ↑ |
| Increase in property, plant and equipment and intangible assets | ¥8,725 million | ¥11,326 million | ↓ |
Business Details
The core segment of the Kanagawa Chuo Kotsu Group. Comprises the Fixed-Route Bus Business operated by the Company (which absorbed Kanagawa Chuo Kotsu East Co., Ltd. and West Co., Ltd. in April 2025), the Chartered Bus Business operated by Kanachu Kanko Co., Ltd., and the Taxi Business operated by Kanachu Taxi Co., Ltd. and Ebina Sochu Co., Ltd. The segment provides public transportation infrastructure supporting the daily mobility of local residents, primarily in Kanagawa Prefecture, and is the largest segment, accounting for approximately 46% of the Group's consolidated net sales (¥126,773 million in FY2026 (ending March 2026)).
Recent Overview
Net sales increased, but operating income fell 20.2% year on year due to higher depreciation and personnel costs
In the Passenger Motor Vehicle Business for FY2026 (ending March 2026), net sales increased across the Fixed-Route Bus, Taxi, and Chartered Bus businesses, bringing segment net sales to ¥57,908 million (up 1.2% year on year). However, an increase in depreciation and amortization associated with expanded capital investment (from ¥3,592 million to ¥4,382 million) and higher personnel costs from improved employee compensation weighed on profit, limiting operating income to ¥2,232 million (down 20.2% year on year). The Company also advanced efforts toward sustainable mobility services, including the opening of new routes and continued demonstration trials of AI on-demand buses and autonomous buses.
Key Products
Growth Drivers
- Continued sales growth trend driven by steady passenger demand in the Fixed-Route Bus Business
- Increase in revenue per vehicle in the Taxi Business
- Improved profitability in the Chartered Bus Business through higher contract unit prices
- Efforts toward sustainable mobility services, including AI on-demand bus and autonomous bus demonstration trials
- Addressing new demand through new route openings (such as the connecting route to the roadside station "Shonan Chigasaki")
Risks
- Continued increase in depreciation and amortization associated with expanded capital investment (¥4,382 million in FY2026 (ending March 2026), up ¥790 million year on year)
- Continued upward pressure on personnel costs from improved employee treatment
- Risk of medium- to long-term decline in passenger demand due to the declining birthrate, aging population, and population decrease
- Increased costs of maintaining operations due to driver shortages
- Risk of cost increases from inflation and rising fuel prices, among other factors
Last updated: June 26, 2026