Central Japan Railway Co. (JR Tokai) said it registered 52.96 billion yen in consolidated net profits for fiscal 2000, up 40.6 percent from the previous year.
The jump was credited to the full opening of a new terminal building in Nagoya and capital gains from the sale of shares in Japan Telecom Co.
Its pretax profits rose 7.9 percent to 72.37 billion yen, and sales improved 9.1 percent to 1.33 trillion yen -- the first increases in four years. Operating profits stood at 335.95 billion yen, up 3.1 percent.