East Japan Railway Co

9020: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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JR East Earnings: Boosted by Strong Passenger Numbers; Developments to Maintain Momentum

Adrian Atkins

May 7, 2026

East Japan Railway Company, or JR East, reported net income up 11% to JPY 248 billion for the year ended March 31, 2026, on 3% passenger growth and solid performances from the retail, real estate, and hotel businesses. Guidance is for 3% growth in net income in the year ending March 2027.

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East Japan Railway Co

JR East Earnings: Boosted by Strong Passenger Numbers; Developments to Maintain Momentum

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