(Translation)
May 12, 2021
To whom it may concern:
Company Name: Kyushu Railway Company
Name of Representative: Toshihiko Aoyagi, President and CEO
Securities Code: 9142
Tokyo Stock Exchange (First Section) and Fukuoka Stock Exchange
Inquiries: Public Relations Department
Tel.: +81-92-474-2541
Notice Regarding Recording of Extraordinary Gains and Extraordinary Losses
Kyushu Railway Company announces that extraordinary gains and extraordinary losses were recorded in the fiscal year ended March 31, 2021 (April 1, 2020, to March 31, 2021). The details are as follows.
1. Details of Extraordinary Gains and Extraordinary Losses
In the fiscal year ended March 31, 2021 (April 1, 2020, to March 31, 2021), ¥19,599 million was recorded as construction grants received under extraordinary gains following the advancement and completion of construction work, etc., for elevating areas of track around Orio Station on the Kagoshima Main Line and around Nagasaki Station on the Nagasaki Main Line. In addition, ¥19,339 million was recorded as losses from provision for cost reduction of fixed assets under extraordinary losses.
2. Impact on Performance
For information regarding the impact of the aforementioned extraordinary gains and extraordinary
losses on performance, please refer to Consolidated Financial Results for the Year Ended March 31, 2021 (Japanese GAAP), which was released today.
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Kyushu Railway Company published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 12:53:04 UTC.