JR East’s Raise in Fares: Use Improved Earnings for Safe Operations
Editorial
15:08 JST, December 10, 2024
Safe operations are of the utmost importance in the railroad business, which supports people’s daily lives. It is hoped that the improvement in earnings resulting from fare increases will be linked to passengers feeling a greater sense of security.
East Japan Railway Co. (JR East) has applied to the Land, Infrastructure, Transport and Tourism Ministry for a raise in its fares starting in March 2026. The average increase will be 7.1% for all areas within its jurisdiction.
Excluding fare increases due to consumption tax rate increases and other such factors, this is the first time since 1987, when the former state-run Japanese National Railways was privatized, that JR East will entirely revise its fares. The fare increases are expected to raise the company’s annual earnings by ¥88.1 billion.
In April this year, the ministry made the rules for calculating fares more........
© The Japan News
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