{"id":140561,"date":"2021-05-14T16:57:11","date_gmt":"2021-05-14T07:57:11","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=140561&#038;lang=en"},"modified":"2021-05-14T16:57:11","modified_gmt":"2021-05-14T07:57:11","slug":"nishitetsu-announces-record-breaking-losses-for-fy2020","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/nishitetsu-announces-record-breaking-losses-for-fy2020\/","title":{"rendered":"Nishitetsu Announces Record Breaking Losses For FY2020"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Nishi-Nippon Railroad Co., Ltd. (Nishitetsu) reported its consolidated accounts for the 2021 March term, which resulted in a net loss of \u00a512 billion. The huge deficit was caused by the pandemic in its transportation business, hotel business, and other businesses. However, the company saw the least reductions in real estate sales, thanks to the popularity of its new apartments. Expected progress with vaccinations is expected to improve business performance in the next fiscal year. <\/span><b>Source: <\/b><a href=\"https:\/\/www.nikkei.com\/article\/DGXZQOJC132TW0T10C21A5000000\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Nikkei<\/span><\/a><span style=\"font-weight: 400;\"> \/ <\/span><a href=\"https:\/\/www.sankei.com\/region\/news\/210513\/rgn2105130002-n1.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Sankei<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-140562\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito.jpg?resize=1024%2C768&#038;ssl=1\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito-scaled.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito-scaled.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito-scaled.jpg?resize=768%2C576&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito-scaled.jpg?resize=1536%2C1152&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2021\/05\/nishitetsu-train-tabito-scaled.jpg?resize=2048%2C1536&amp;ssl=1 2048w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/>Photo by Fukuoka Now<\/span><\/p>\n<p><b>Disclaimer<\/b><span style=\"font-weight: 400;\">: Fukuoka Now posts summaries of Kyushu area news for those who cannot read Japanese. 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Please share links to this page, it helps us.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">English language Fukuoka &amp; Kyushu local news summaries are <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/news\/archive\/\"><span style=\"font-weight: 400;\">posted here<\/span><\/a><span style=\"font-weight: 400;\"> every day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Or sign up for our <\/span><a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\"><span style=\"font-weight: 400;\">free weekly newsletter<\/span><\/a><span style=\"font-weight: 400;\"> with all the top stories in one convenient email.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More Kyushu news on<\/span><a href=\"https:\/\/twitter.com\/FukuokaNow\"> <span style=\"font-weight: 400;\">Twitter<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.instagram.com\/fukuokanews\/\"> <span style=\"font-weight: 400;\">Instagram<\/span><\/a><span style=\"font-weight: 400;\">, and<\/span><a href=\"https:\/\/www.facebook.com\/fukuokanow\"> <span style=\"font-weight: 400;\">Facebook<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nishi-Nippon Railroad Co., Ltd. (Nishitetsu) reported its consolidated accounts for the 2021 March term, which resulted in a net loss of \u00a512 billion. The huge deficit was caused by the pandemic in its transportation business, hotel business, and&#8230;<\/p>\n","protected":false},"author":29305,"featured_media":140562,"comment_status":"open","ping_status":"closed","template":"","tags":[],"class_list":["post-140561","news","type-news","status-publish","has-post-thumbnail","hentry","location-fukuoka-prefecture","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/140561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/29305"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=140561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/140562"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=140561"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=140561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}