January 19, 2012 Kaneko Chairman and President Regular Meeting

【MC】

We have been waiting for you. We have just started the 75th regular press conference.

 

[Chairman and President Kaneko]

This is the first regular conference this year. We look forward to working with you this year.

First of all, last year a scandal caused by a former employee of the Company severely undermined the trust of customers and other stakeholders. The trial began on December 27 last year, and while monitoring the trial, the in-house investigation committee has been re-examining the overall business process along with continuing to investigate the facts. Once these are clarified, we would like to clarify measures to prevent recurrence and stakeholders' actions.

We will take this lesson firmly, take thorough measures to prevent recurrence, and renew our feelings as a “new NEXCO CENTRAL” in order to restore lost trust.

By the way, this year, Shin-Tomei Expressway from Gotemba Junction of Shin Tomei Expressway to Mikkabi Junction will open in early summer. The road will be connected and the network will be expanded along with the Takaosan Interchange on the Ken-O Road-O Expressway, which will open soon, to the Hachioji Junction, and the Ogaki-nishi Interchange on the Tokai Yoro Tokai-Kanjo Expressway, which is scheduled to open toward the clear stream national polity in Gifu. ..

Expressway In the interim report of the Committee on Experts, strengthening network functions is considered to be a top priority. Our role is to develop networks, promote economic and cultural exchanges, contribute to economic development and tourism, and form a double network to create disaster-resistant Expressway. .

In addition, we will promote the `` Hundred Year Road '' plan to maintain the Expressway which is an important transportation infrastructure, in a healthy state for more than 100 years, to pass on good assets to future generations and to have customers use the Expressway with peace of mind. We believe that our role is to promote attractive and unique commercial facilities such as EXPASA and deliver new discoveries and excitement to our customers.

The NEXCO CENTRAL Group will work together to fulfill these roles and meet the expectations of the people, so we look forward to your continued support this year.

 

This is the current status of the business in December 2011.

Tariff revenue in December was ¥ 41,577 million, up 9.7% from the same month last year. The breakdown is as follows: Expressways increased 37,884 million yen, up 7.4%, and toll roads increased 3,693 million yen, up 40.8%.

On the other hand, the average number of traffic in December was 18.21,000 units a day, down 5.5% from the same month last year. The breakdown is that highways average 1.45 million units per day, up 0.1%, and toll roads are 372,000 units, down 22.5%.

The reason for the increase in toll revenue compared to the same month of the previous year and the decrease in traffic volume is due to the freezing of the free social experiment and the termination of the special discount on holidays in rural areas of 1,000 yen.

This month's ETC discount was 28.1 billion yen, a 2.6% reduction from the previous year's 28.8 billion yen. The discount rate is about 40.3%.

 

Next is the construction situation.

Regarding the additional landslide countermeasure work between Gotemba Junction and Mikkabi Junction (162 km) on the Shin-Tomei Expwy, which is scheduled to open in early summer this year, all additional countermeasure works have been completed as planned.

At present, external experts are currently conducting final checks on the effects of countermeasure construction.

On the official opening day, we will confirm that customers can use it safely and safely, taking into account the effects of landslide countermeasure construction and the progress of remaining pavement and facility construction, coordinate with related organizations, and hold the next regular meeting We believe we can inform you by then.

 

Next is the usage status of ETC.

From January 6 to January 12, the latest average daily usage decreased by 4.2% from the previous month, December 2 to December 8, but the daily average utilization rate from 88.6% to 89.3 % And 0.7%. Looking at weekdays and weekends and holidays, the average usage rate on weekdays increased from 88.8% to 89.6%, up 0.8%, and the average usage rate on weekends and holidays increased from 87.8% to 89.0%, up 1.2%. The cumulative number of in-vehicle units installed at the end of December increased by 0.9% compared to the end of November, or 320,000 units, to approximately 36.58 million units.

 

Next is the service area situation.

Sales in the service area in December were 12,955 million yen, up 102.6% from the previous year. By road, Chuo Expressway Expressway was strong at 104.1%. Chuo Expressway Expressway is considered to be the impact of the popular opening of EXPASA Drigging Slope on November 25, last year.

By segmenting sales, “Food & Beverage Sales” decreased 4 million yen, or 100.0%, from the previous year.

Further breakdown of the “Food & Beverage Division” is as follows: “Food & Beverage Division” decreased by 57 million yen, 98.3% YoY, and “Merchandise Division” increased 53 million yen, 100.9% YoY. We now have.

Next, in the “Services (rest-in, bath)” category, sales decreased 9 million yen, or 2 million yen, year on year.

Lastly, in the GS section, refueling volume was up 103.6% year-on-year, exceeding last year's level, and the unit price difference was also up 11 yen. As a result, net sales increased 334 million yen, 111.0% year-on-year. Has become. The above is the current status of our business in December.

 

The next topic is "About the traffic situation at the end of the year and New Year".

In the 14-day traffic situation from December 22 last year to January 4 this year, traffic volume decreased by about 2% compared to last year, and the number of traffic jams over 10km increased by about 2%. This year, although the traffic volume decreased slightly due to a 1,000 yen discount on holidays and the end of the free social experiment, the impact of the cold season during the Christmas season caused a lot of congestion due to snow removal work.

On the other hand, traffic volume in the Okazaki area of the Tomei Expwy which started provisional three-lane operation in October last year, increased by about 2% compared to last year, while the number of traffic jams over 10 km increased from 16 to 2 times. That's down 87%. The number of traffic accidents has been halved from 38 to 18. The number of rear-end collisions between vehicles has been reduced due to the reduction in traffic congestion, and the effects have been confirmed.

In the provisional three-lane section, the lane width is narrow and the regulated speed is 60 km / h. We hope that you can keep the regulated speed and drive safely.

 

The next topic is about the plan discount announced today from Nagoya Regional Head Office.

By using Expressway for foreign customers, NEXCO CENTRAL contributes to the promotion of international mutual understanding, promotes tourism, revitalizes the local economy, and creates business Large. In collaboration with Gifu Prefecture, we will launch the “Quick Journey Central Nippon Expressway Pass 2012” for the purpose of planning.

This pass allows foreign customers to rent a car from a designated car rental company at Centrair Chubu International Airport and use the applicable section in advance and ride the eligible section for a maximum of 7 days at a fixed rate Unlimited discount. ETC allows you to use a flat fee for tolls, making it easy for foreign customers to use.

This is Honshu's first initiative.

I would like foreign visitors to take this opportunity to use the Expressway and go to attractive tourist destinations such as the Hida, Mino, Hokuriku and Japanese Alps.

This discount will be available from March 21. For details, please refer to the attached press release.

 

The next topic is about holding "Highway Town Naka Ramen Festa-Central Japan Tourism Festival-".

Following the popular “Highway Machinaka Grand Prix” held at Hisaya Odori Park in May last year, the second installment was held in Tokyo and Shibuya on February 18 (Sat) and 19 (Sun). It will be held at Yoyogi Park.

This event is an event where customers can enjoy the specialty ramen "27 menu" offered by SA and PA in each area in one hall, and decide the SA / PA number 1 by voting.

At the venue, there will be an introduction of the Shin-Tomei Expwy, which is scheduled to open in the early summer of this year, an introduction of sightseeing along the Expressway, and local events such as local performing arts. Please take this opportunity to visit the venue and taste the specialty ramen on the Expressway.

In addition, in addition to the ramen festival, the documents at hand have been notified of the "SA / PA Menu Contest" final event.

From the qualifying round, nine "menus where you can feel the change of seasons using local ingredients" were selected, and the final round was held at the Tokyo Cooking College in Shinjuku, Tokyo on January 23 (Monday). You.

For reporters, please take a look at the dishes that the chef cheers on aiming for the Grand Prix.

 

The last topic is about the new Shin-Tomei Expressway opening pre-event "Last Chance Walk Tour in Shin-Tomei Expressway".

Of the opening scheduled for early summer Shin-Tomei Expressway 'll walk before opening, and will hold a walking tour on February 26 (Sunday). This time, we have prepared a 12km course for plenty of walking and a 3km course for easy participation, and a large-scale walking of 12km is the last project before opening.

This project was planned by NEXCO CENTRAL in a similar format because the walking event held last November was popular and some people could not participate.

We look forward to your participation.

These are the topics we have prepared today.

 

【MC】

Now, I would like to receive questions from reporters.

 

[Reporter]

What is the significance of “Quick Journey Central Nippon Expressway Pass 2012” as your company?

 

[Chairman and President Kaneko]

Our role is undoubtedly one of the pillars of which is the construction, operation and management of Expressway, but we think a bit more broadly. I believe that regional revitalization and tourism will revitalize the Japanese region and the entire Japanese economy. Also, in light of the Great East Japan Earthquake, I believe that disaster prevention is one of our roles. This was clearly stipulated in the previous committee of experts on how to design Expressway, and we consider the importance of our role once again. In order to fulfill such a role of our company, we plan to cooperate with prefectures that have concluded a comprehensive agreement and actively work on things that have never existed before.

 

[Reporter]

It is the first time in Honshu, but is there a track record in Hokkaido and Kyushu?

 

[Chairman and President Kaneko]

I heard that there is a track record in Hokkaido. This is the first time outside Hokkaido.

 

[Reporter]

Is there any expectation of how much purely foreigners will spend?

 

[Employees]

Since this is the first pass for foreigners, there are places where you do not know how many customers can use it. I want to try it first, and then see how much you can use this initiative, and gradually expand it to various places.

 

[Reporter]

The usage period is about 3 months, but is it an attempt to continue if it is good?

 

[Chairman and President Kaneko]

You're right. While talking with Gifu Prefecture, I would like to continue if it is popular.

 

[Reporter]

Can Honshu's first definition be based on a pass for foreigners?

 

[Chairman and President Kaneko]

exactly.

 

[Reporter]

Are there any costs from Gifu Prefecture or the country? Also, this time it is for foreigners, is there any Large to domestic market?

 

[Employees]

We do not receive any direct expenses from Gifu Prefecture or the country, but we have a tie-up with Gifu Prefecture, so we will cooperate with various public relations. In the future, we would like to offer products not only for foreign customers, but also in cooperation with various regions.

 

[Reporter]

I have a question about Shin-Tomei Expressway. The official opening time earlier was `` From the confirmation of the effect of landslide countermeasures and the progress of the remaining pavement work until the next regular interview, '' Shizuoka Prefecture Governor Kawakatsu said `` Before Golden Week "At a regular conference. You say the opening time is early summer, but is there any chance that it will be brought forward? Also, is there any way to announce the announcement ahead of regular meetings?

 

[Chairman and President Kaneko]

First of all, it is time for the announcement, but before the next regular conference, I would like to make an announcement. The current work is coordination with related organizations and coordination of specific opening dates. We will announce as soon as adjustments are completed. In addition, we talk with governor Kawakatsu in various ways, but have not told opening day. As with you, we say that we are trying to bring "early summer" as early as possible. Once again, I would like to inform you as soon as possible after coordination with the relevant organizations.

 

[Moderator]

It seems that the question has been interrupted, so this will end the regular press conference.