East Japan Railway Co. reported Tuesday an increase in revenue and consolidated profit in fiscal 2002, despite seeing a 3 billion yen decline in its core transport business due to the sluggish business environment, officials said.
After suffering a decline in group revenue and profit the previous year, the company enjoyed record group revenue, current profit and current net profit in 2002, they said.
The company's group revenue grew 22.2 billion yen, or 0.9 percent, to 2.56 trillion yen, thanks to increased income from businesses setting up shops in its stations, office and shopping complexes. It also booked sales from publishing and monorail companies it has taken control of.