West Japan Railway Co. said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥171.09 per share, a gain of 37.4% from ¥124.53 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥33.12 billion, an increase of 37.4% from ¥24.11 billion in the year-earlier period.
The normalized profit margin climbed to 9.0% from 7.2% in the year-earlier period.
Total revenue rose 9.4% on an annual basis to ¥368.03 billion from ¥336.34 billion, and total operating expenses rose 5.5% from the prior-year period to ¥308.51 billion from ¥292.56 billion.
Reported net income rose 38.5% on an annual basis to ¥36.35 billion, or ¥187.74 per share, from ¥26.24 billion, or ¥135.54 per share.
As of Nov. 11, US$1 was equivalent to ¥122.91.
