Nishitetsu announced on 9th February 2023 that its consolidated net profit for the March 2023 fiscal year is expected to increase by 57% compared to the previous year, totaling 155 billion yen. This marks an upward revision of 27 billion yen from their previous estimate. The company attributes the increase in net profit to the recovery of the transportation and leisure service industries, due to the easing of COVID-19 restrictions and the success of its international logistics business. Source: Nikkei
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