East Japan Railway Company has announced that from 2018 until 2020 its capital expenditures will reach JPY 1,700 billion (EUR 13.9 billion). For maintenance and upgrade projects the company will invest JPY 1,000 billion (EUR 8.17 billion), of which JPY 600 billion (EUR 4.9 billion) will be allotted for rail safety projects. The growth investments are targeted at PJY 700 billion (EUR 5.7 billion).
The targets for the fiscal year ending March 31, 2020,
The consolidated operating revenues targeted for fiscal year ending March 31, 2020, will reach JPY 3,021 billion (EUR 24.7 billion), of which, JPY 2,028 billion (EUR 16.6 billion) will come from transport activities.
The transport segment includes passenger transport services, operations centered on railway operations, as well as travel agency services, cleaning services, station operations, facilities maintenance operations, railcar manufacturing operations and railcar maintenance operations.
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