Investor Presentaiton

Income Statement (Non-consolidated) (Billions of yen) FY2016.3 FY2017.3 Changes (B-A) Results A Results B Operating Revenues 1,357.9 1,380.7 +22.7 (Transportation Revenues) (1,294.7) (1,315.8) (+21.1) Operating Expenses 800.3 784.9 -15.3 Personnel Expenses 179.4 179.2 -0.1 Non-personnel Expenses 358.3 354.9 -3.3 Energy 40.5 35.7 -4.8 Maintenance 131.9 134.6 +2.6 Others 185.7 184.5 -1.1 Taxes other than Income 35.3 39.6 +4.3 Taxes Depreciation & Amortization 227.0 210.9 -16.1 Operating Income 557.6 595.8 +38.1 Ordinary Income 490.5 541.2 +50.7 Net Income 328.6 381.8 +53.2 16

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