FY2022 Full-Year Profit and Loss Forecast and Summary of Interim Financial Results

December 23, 2020
East Nippon Expressway Co., Ltd.

[Points of FY2022 full-year profit and loss forecast (consolidated)]

1. In the Expressway business, operating revenues are expected to increase by 62.7 billion yen year on year to 1,046.5 billion yen due to an increase in toll revenues and an increase in completed road assets as a result of the recovery in traffic demand compared to the previous fiscal year. increase.
   Operating expenses will increase by ¥65.2 billion year on year to ¥1,052.4 billion, due to an increase in road asset rental fees paid to the Japan Expressway Holding and Debt Repayment Agency, as well as higher road asset completion costs and management expenses. I expect.
   As a result, we expect an operating loss of 5.8 billion yen (operating loss of 3.3 billion yen in the previous fiscal year) for the Expressway business.
   In addition, in order to ensure safe traffic on Expressway, management expenses, etc., include earthquake resistance measures for roads (overpasses) that cross over Expressway managed by local governments (hereinafter referred to as "overpass earthquake resistance measures projects"). Includes 7.5 billion yen related expenses.
2. In the SA/PA business, operating revenue increased by 5.1 billion yen year on year to 29.9 billion yen, and operating expenses increased by 2.4 billion yen year on year to 29.2 billion yen due to an increase in store sales. I expect the yen.
   As a result, the SA/PA business posted an operating income of 700 million yen (operating loss of 1.9 billion yen in the previous fiscal year), and operating income of 600 million yen in the related business including the contracting and other businesses as a whole (compared with an operating loss of 1.9 billion yen in the previous fiscal year). operating loss of 1.4 billion yen).
3. We expect an operating loss of 5.0 billion yen (operating loss of 4.7 billion yen in the previous fiscal year) for all businesses including the Expressway business and related businesses.
4. In addition, in FY2022, we will record an extraordinary profit from the sale of abolished company housing, etc., and the completion of all overpass bridge earthquake resistance measures. We plan to record the corporate tax adjustment associated with this.

Expressway are an important social Expressway that supports people's lives and the Large.