West Japan Railway reports 27.6% profit surge

West Japan Railway Company reported first-quarter revenue of 427,059 million yen, up 6.0%, and operating profit of 63,386 million yen, up 8.9% year-on-year.

Net income surged 27.6% to 48,842 million yen. The strong performance was driven by increased transportation revenue and robust demand from the Osaka-Kansai Expo.

The company maintained its full-year forecast of 1,820,000 million yen revenue and 115,000 million yen net income, with projected dividends of 86.00 yen per share.