Overview of FY2014 interim results

December 24, 2014
East Nippon Expressway Co., Ltd.

We would like to inform you of the outline of the 10th fiscal year interim financial results for NEXCO EAST (Chiyoda-ku, Tokyo). The current interim period is a half year from April 1, 2014 to September 30, 2014.

Points for FY2014 interim results (consolidated)

  1. Expressway business, operating revenue was 429.0 billion yen (up 21.2 billion yen from the previous year) due to increased toll revenue.
    On the other hand, operating expenses amounted to ¥ 400.3 billion (an increase of ¥ 22.8 billion from the previous fiscal year) due to factors such as an increase in road asset rent.
  2. As a result, the operating income of the Expressway business for the current interim period was ¥ 28.6 billion, but is expected to be ¥ 3.6 billion for the full year.
  3. The reason for the higher operating income in the first half compared to the full year is that our toll revenues are higher in the first half than in the second half, and management expenses tend to be higher in the second half in terms of snow and ice countermeasure costs.

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