Overview of FY2013 Interim Financial Results
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- Overview of FY2013 Interim Financial Results
December 24, 2013
East Nippon Expressway Co., Ltd.
NEXCO EAST The following is an overview of the 9th term interim financial results for FY2013.
The interim period is half a year from April 1, 2013 to September 30, 2013.
Points for FY2013 Interim Financial Results (Consolidated)
- Expressway business operating income in the current interim period is 30.2 billion yen, but is expected to be 900 million yen for the full year. This is due to the fact that the Company's toll revenue is higher in the first half than in the second half, and the management costs tend to be profitable in the first half and lost in the second half due to higher costs for snow and ice measures in the second half.
- Expressway The operating income of Expressway decreased by ¥ 19.9 billion year-on-year, mainly due to the adoption of a "floating loan system" from the first half of the fiscal year for road asset rent to the Organization. . However, assuming that the “floating loan system” was also applied to the previous interim settlement, it would increase by 1.9 billion yen compared to the same period of the previous year.
- Operating income and interim net income for all businesses are both lower than in the same period of the previous fiscal year.
Attachment
- Attachment 1 FY2013 Interim Financial Summary [PDF: 546KB]
- Attachment 2 Interim Financial Information for the Fiscal Year Ending March 2014 (Consolidated) [PDF: 278KB]
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