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JR East Says All 71 Sections Across 36 Local Lines Posted FY2024 Deficits, Loss Totals ¥79 Billion

The company attributes the deeper shortfall to resuming track repairs deferred during the pandemic, which lifted maintenance costs.

Overview

  • The disclosed segments generated about ¥6.2 billion in transportation revenue against roughly ¥85.3 billion in operating costs, which include disaster recovery and routine upkeep.
  • JR East limited the disclosure to routes with transport density under 2,000 passengers per kilometer per day, covering 71 sections that span about 2,406 kilometers or roughly 40% of its conventional network.
  • The combined loss widened by about ¥3.3 billion from the prior year, with 24 sections improving and 47 worsening.
  • The largest deficit was on the Uetsu Line between Murakami and Tsuruoka at approximately ¥5.5 billion.
  • The lowest cost-recovery rate was 0.4% on the Rikuu East Line between Naruko-Onsen and Mogami, implying costs of ¥22,360 to earn ¥100 in revenue.