Central Japan Railway reports 22% profit jump on tourism
Central Japan Railway Company reported first-quarter operating revenue of 478.2bn yen, up 9.9% year-over-year, with net income surging 21.2% to 145.2bn yen.
The strong performance was driven by a 10% rise in Tokaido Shinkansen usage, boosted by inbound tourism and the Osaka-Kansai Expo. Transportation revenue increased 10.8%.
The company will deploy additional N700S Shinkansen trains by fiscal 2028 and provided updates on its Chuo Shinkansen project construction progress.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Central Japan Railway Company publishes news
Free account required • Unsubscribe anytime