FilingReader Intelligence

Seibu Railway secures first fare hike in 24 years

July 23, 2025 at 05:09 AM UTCBy FilingReader AI

Seibu Railway received government approval for its first fare increase in 24 years, effective March 2026.

The Seibu Holdings subsidiary will implement a 10.7% overall fare increase, generating an 8.4% revenue boost. Non-commuter passes will rise 11.9% while work commuter passes increase 10.0%. School commuter passes remain unchanged.

The revision also abolishes the railway station barrier-free charge previously included in fares. The company cited rising costs and aging infrastructure as reasons for the increases.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:9024Tokyo Stock Exchange

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