Nishitetsu posted record operating profits for the April-September period, driven by increased bus fare revenue and real estate sales, reaching ¥126 billion, a 17% year-on-year rise. While revenue increased by 5%, net profits fell by 15% due to reduced asset sales. The company noted it remains cautious amid shifting political and economic conditions and will closely monitor exchange rate fluctuations impacting inbound demand. Source: Nishitetsu Group
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