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Four JR firms log record net losses in April-December period


Four JR firms log record net losses in April-December period
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Far fewer people than in normal years are seen on a shinkansen platform at Shin-Osaka Station on Dec. 26. | KYODO
Jiji
Feb 10, 2021
Four listed Japan Railways Group firms posted record net losses in April-December last year, hit by plunges in revenue from their mainstay transportation services amid the spread of the novel coronavirus.
Of the four, East Japan Railway Co., or JR East, revised down its net loss estimate for the year ending in March from ¥418 billion to ¥450 billion, as passenger demand fell further due to voluntary restrictions on going out that spread among the public following the government’s declaration in January of a state of emergency over the virus. ....

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9,500 JR Central employees to take leave due to declining travel demand


9,500 JR Central employees to take leave due to declining travel demand
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Few people stand on a platform for the Tokaido Shinkansen line at Tokyo Station on Jan. 2. | KYODO
Kyodo
Jan 15, 2021
Nagoya – Central Japan Railway Co. said Friday about 9,500 employees will take several days off in the period between Jan. 25 and the end of February, as travel demand has declined amid a resurgence of coronavirus infections.
The railway company, which operates shinkansen connecting Tokyo and Osaka, decided to introduce such a measure for the first time since its founding in 1987 following the privatization of the state-owned Japanese National Railways. ....

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