Financial Results and Investor Meeting

CONSOLIDATED AND NON-CONSOLIDATED FINANCIAL HIGHLIGHTS FOR SIX MONTHS ENDED SEPTEMBER 30, 2001

EAST JAPAN RAILWAY COMPANY(9020)

Six Months ended September 30, 2000 and 2001

CONSOLIDATED FIGURES

Millions of Yen(except for Net Income per Share)
  2000.9 2001.9 change(%)
Operating Revenues 1,260,174 1,261,555 0.1
Operating Income 174,470 178,519 2.3
Net Income 37,672 29,412 -21.9
Net Income per Share(yen) 9,418 7,353 -21.9
Total Assets 7,201,545 7,088,277 -1.6
Total Long-Term Debt 4,741,936 4,573,504 -3.6
Shareholders' Equity 902,067 925,949 2.6
Operating Cash Flows 220,465 237,174 7.6
Investing Cash Flows -142,231 -127,606 -10.3
Financing Cash Flows -102,058 -163,826 60.5
Figures are rounded down to the nearest million.

NON-CONSOLIDATED FIGURES

Millions of Yen(except for Net Income per Share)
  2000.9 2001.9 change(%)
Operating Revenues 953,529 954,111 0.1
Operating Income 158,908 163,114 2.6
Net Income 32,723 22,123 -32.4
Net Income per Share(yen) 8,180 5,530 -32.4
Total Assets 6,479,146 6,420,316 -0.9
Total Long-Term Debt 4,581,282 4,429,369 -3.3
Shareholders' Equity 798,652 805,684 0.9
Figures are rounded down to the nearest million.