Local News

JR Kyushu Announce Record Profits

JR Kyushu has announced its earnings for the first time since going public, revealing record profits in excess of ¥44.7 billion. Revenue from rail transport has gone down due to the effect of last year’s Kumamoto earthquake, but overall figures were up thanks to favorable returns from related business interests in fields such as retail estate and drug stores. Results released at the end of the fiscal year in March showed that the overall group-wide earnings had reached a new high at over ¥382.9 billion.
Source: Nikkei Shimbun, 5/11/2017

Photo: JKT-c

Disclaimer: Fukuoka Now posts summaries of Kyushu area related news for the benefit of those who cannot read Japanese. Contents posted here are mostly summaries of publicly posted news stories from Japanese media organizations. Errors might occur during translation. Those errors are ours, and not the news source’s. Photos and images are sourced separately and are for illustrative purposes only. Please use this form to send feedback and questions.

Published: May 12, 2017 / Last Updated: May 12, 2017