trending Market Intelligence /marketintelligence/en/news-insights/trending/6UDsHAqXM7yLzl-yDXqSxQ2 content esgSubNav
In This List

East Japan Railway fiscal Q1 profit falls YOY


According to Market Intelligence, December 2022


Private Markets 360° | Episode 1: The role of ESG in Private Equity


Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes


Investment Research Coverage of Inflation and Recession-Focused Topics on the Rise

East Japan Railway fiscal Q1 profit falls YOY

East Japan Railway Co. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥163.46 per share, a decrease from ¥171.37 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥64.36 billion, a decrease of 4.9% from ¥67.70 billion in the year-earlier period.

The normalized profit margin dropped to 9.8% from 10.3% in the year-earlier period.

Total revenue came to ¥658.04 billion, compared with ¥654.31 billion in the year-earlier period, and total operating expenses rose from the prior-year period to ¥536.53 billion from ¥525.21 billion.

Reported net income decreased 9.8% on an annual basis to ¥66.45 billion, or ¥168.78 per share, from ¥73.70 billion, or ¥186.57 per share.

As of Aug. 6, US$1 was equivalent to ¥102.36.