East Japan Railway Co. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥203.59 per share, an increase of 9.2% from ¥186.39 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥78.93 billion, a gain of 8.3% from ¥72.85 billion in the year-earlier period.
The normalized profit margin climbed to 11.1% from 10.4% in the year-earlier period.
Total revenue climbed year over year to ¥711.89 billion from ¥698.02 billion, and total operating expenses grew on an annual basis to ¥573.29 billion from ¥565.15 billion.
Reported net income rose 7.9% from the prior-year period to ¥86.27 billion, or ¥222.53 per share, from ¥79.97 billion, or ¥204.60 per share.
As of Aug. 4, US$1 was equivalent to ¥110.87.
