East Japan Railway Company Reports Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2017
The company provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2017. For the year, on consolidated basis, the company expected operating revenues of JPY 2,878,000 million, operating income of JPY 450,000 million, ordinary income of JPY 393,000 million, profit attributable to owners of parent of JPY 266,000 million or JPY 684.24 per share and capital expenditures of JPY 550.0 billion.
For the year ending March 31, 2017, on non-consolidated basis, the company expected operating revenues of JPY 2,060,000 million, operating income of JPY 373,000 million, ordinary income of JPY 323,000 million and profit of JPY 229,000 million or JPY 588.56 per share.
The company expected to pay annual dividend of JPY 65.00 for the year ending March 31, 2017 compared to paid dividend of JPY 65 per share a year ago.