Local News

JR Kyushu announced on the 19th the projects it has planned on a non-consolidated basis for FY 2010. The company plans to invest 75.6 billion yen in plants and equipment, its highest annual total ever. The investments are being made to prepare for the start of the Kyushu Shinkansen in March 2011. They also forecast a sharp downturn in revenue, and are projecting an operating loss of 5 billion yen for the year, their first in seven years.