Local News

Nishitetsu and JR Kyushu Rebound Post-Pandemic with Soaring Profits

Japanese rail companies Nishitetsu and JR Kyushu have reported substantial financial growth, signifying a recovery from the COVID-19 pandemic impact. Boosted by the resumption of people’s movement, Nishitetsu’s sales rose by 15.8% to ¥494.6 billion, while JR Kyushu saw a 16.3% increase to ¥383.2 billion. The upturn has been driven by the logistics, tourism, and hotel sectors. However, both firms remain cautious about predicting a full return to pre-pandemic train and bus usage due to demographic changes and the shift to remote work. Source: Nishitetsu / JR Kyushu / NHK

Nishitetsu and JR Kyushu Rebound Post-Pandemic with Soaring Profits

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Category
Business
Fukuoka Prefecture
Published: May 12, 2023 / Last Updated: May 12, 2023

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