JR West interim settlement of accounts final profit / loss of 128.1 billion yen deficit for the first time after privatization October 30, 18:49
JR West's interim results from April to September saw a decrease in railroad passengers due to the impact of the new coronavirus, resulting in a net loss of 128.1 billion yen.
This is the first time that JR West has been in the red in the interim settlement of accounts since privatization.
JR West announced on the 30th that the interim financial results for the entire group up to September showed a significant decrease in railway passengers due to the impact of the new Corona, and sales decreased 48% from the same period last year to 389.9 billion yen. The final profit / loss was a deficit of 128.1 billion yen.
This is the first time that JR West has been in the red in the interim settlement of accounts since privatization.
JR West expects a deficit of 240 billion yen for the year to March next year, and in the future, it will review the schedule according to the usage situation and withdraw from stores in commercial facilities that are not profitable. I want to reduce fixed costs.
Under these circumstances, the opening of a new station building at Sannomiya Station, which is planned by JR West, may be delayed in line with the redevelopment of the central area promoted by Kobe City.
At the press conference, President Kazuaki Hasegawa of JR West said, "Although it is a very difficult situation, we will strive to improve safety and aim for profitability in the next fiscal year."