{"id":7414,"date":"2009-05-07T00:00:00","date_gmt":"2009-05-07T00:00:00","guid":{"rendered":"http:\/\/fukuoka-now.comnews\/first-revenue-decline-in-seven-years-for-nishitetsu\/"},"modified":"2009-05-07T00:00:00","modified_gmt":"2009-05-07T00:00:00","slug":"first-revenue-decline-in-seven-years-for-nishitetsu","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/first-revenue-decline-in-seven-years-for-nishitetsu\/","title":{"rendered":"<!--:en-->First Revenue Decline in Seven Years for Nishitetsu<!--:--><!--:ja-->First Revenue Decline in Seven Years for Nishitetsu<!--:--><!--:ko-->First Revenue Decline in Seven Years for Nishitetsu<!--:--><!--:zh-->First Revenue Decline in Seven Years for Nishitetsu<!--:-->"},"content":{"rendered":"<p><!--:en--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Nishi-Nippon Railroad (Nishitetsu) consolidated financial results for FY 2008 reveal that the company\u2019s current profit dropped 43.0% to 9.185 billion yen and its net profit fell 84.2% to 1.03 billion yen on a 4.7% decline in sales to 345.14 billion yen. Business was brisk in the first half of the year, particularly in the company\u2019s international distribution operations, but there was a sharp decline in revenue from that sector when the higher yen put a crimp into auto parts and electronics exports. Orders were also down in the company\u2019s construction business, and there was a sales slump in their operations related to condominium sales. The overall result was the company\u2019s first revenue decline in seven years.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:ja--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Nishi-Nippon Railroad (Nishitetsu) consolidated financial results for FY 2008 reveal that the company\u2019s current profit dropped 43.0% to 9.185 billion yen and its net profit fell 84.2% to 1.03 billion yen on a 4.7% decline in sales to 345.14 billion yen. Business was brisk in the first half of the year, particularly in the company\u2019s international distribution operations, but there was a sharp decline in revenue from that sector when the higher yen put a crimp into auto parts and electronics exports. Orders were also down in the company\u2019s construction business, and there was a sales slump in their operations related to condominium sales. The overall result was the company\u2019s first revenue decline in seven years.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:ko--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Nishi-Nippon Railroad (Nishitetsu) consolidated financial results for FY 2008 reveal that the company\u2019s current profit dropped 43.0% to 9.185 billion yen and its net profit fell 84.2% to 1.03 billion yen on a 4.7% decline in sales to 345.14 billion yen. Business was brisk in the first half of the year, particularly in the company\u2019s international distribution operations, but there was a sharp decline in revenue from that sector when the higher yen put a crimp into auto parts and electronics exports. Orders were also down in the company\u2019s construction business, and there was a sales slump in their operations related to condominium sales. The overall result was the company\u2019s first revenue decline in seven years.<\/p>\n<\/p><\/div>\n<p><!--:--><!--:zh--><\/p>\n<div id=\"body\">\n<div id=\"img_area\">\n<div id=\"img\"><\/div>\n<\/p><\/div>\n<p>The Nishi-Nippon Railroad (Nishitetsu) consolidated financial results for FY 2008 reveal that the company\u2019s current profit dropped 43.0% to 9.185 billion yen and its net profit fell 84.2% to 1.03 billion yen on a 4.7% decline in sales to 345.14 billion yen. Business was brisk in the first half of the year, particularly in the company\u2019s international distribution operations, but there was a sharp decline in revenue from that sector when the higher yen put a crimp into auto parts and electronics exports. Orders were also down in the company\u2019s construction business, and there was a sales slump in their operations related to condominium sales. The overall result was the company\u2019s first revenue decline in seven years.<\/p>\n<\/p><\/div>\n<p><!--:--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nishi-Nippon Railroad (Nishitetsu) consolidated financial results for FY 2008 reveal that the company\u2019s current profit dropped 43.0% to 9.185 billion yen and its net profit fell 84.2% to 1.03 billion yen on a 4.7% decline in sales to 345.14 billion yen. Business was brisk in the first half of the year, particularly in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","tags":[],"class_list":["post-7414","news","type-news","status-publish","hentry","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/7414","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=7414"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=7414"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=7414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}