|
|
Article: JR East aims for 2 trillion yen operating cash flow for FY 2005-08.
- Article from:
- Kyodo News International (Tokyo, Japan)
- Article date:
- January 24, 2005
CopyrightCOPYRIGHT 2005 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Jan. 24--TOKYO -- East Japan Railway Co. (JR East) revealed a new medium-term business plan Monday, under which it aims to generate 2 trillion yen in group operating cash flow between fiscal 2005 and fiscal 2008 so it can accelerate debt reduction and aggressively implement capital investments.
As most of its numeral targets set in its previous medium-term business plan through fiscal 2005 seem to have been achieved, JR East said it set up the new business plan for four years beginning April 1 this year.
Under the new business program, JR East will accelerate efforts to offer a user-friendly environment by making its Suica electronic train fare cards ...