JR Hokkaido interim settlement The deficit widened to a record high due to the impact of the new corona at 17:17 on November 6

JR Hokkaido's interim results for the current fiscal year showed an operating loss of 38.5 billion yen, and a final loss of 14.9 billion yen with the support of the government.

Due to the influence of the new coronavirus, the width of the deficit is the largest ever.

JR Hokkaido has announced the financial results of the entire group from April to September this year.



According to this, the profit of the railway business, which is the main business, was 16.6 billion yen, a decrease of 55% compared to the same period last year.



The hotel business, which JR is focusing on as a pillar of earnings, also decreased by 70% to 1.4 billion yen, and the real estate leasing business, which is centered on the operation of commercial facilities, also decreased by 27% to 9.4 billion yen.



As a result, the operating loss was 38.5 billion yen, and the final loss after receiving a subsidy of 7.3 billion yen from the national government was 14.9 billion yen, both of which were the largest ever. ..



In addition to the sharp decline in railroad use due to the spread of the new coronavirus infection, the business of hotels and commercial facilities also fell into a slump, leading to an unprecedented deterioration in business performance.



At JR, we will work on further cost reductions centered on the railway business, and we would like to overcome the predicament by improving the income and expenditure of JR alone this year by a total of 5 billion yen.



Chiharu Watari, managing director of JR Hokkaido, said, "The fact is that fixed costs are large and it is not easy to reduce costs. We have to do what we can to the limit."