East Japan Railway Co. (JR East) and Central Japan Railway Co. (JR Tokai) fared relatively well, but West Japan Railway Co. (JR West) registered weak earnings for the first half of fiscal 2001, according to their midterm earnings reports released by Monday.
All three major JR firms reported relatively good performance of shinkansen operations, but weak performance of local lines, hotel and other noncore businesses weighed heavily on JR West, the reports show.
In its earnings report released Monday, JR East said it registered 178.52 billion yen in consolidated operating profits for April-September period, up 2.3 percent from a year earlier, on group sales of 1.26 trillion yen, up 0.1 percent.