Financial Results and Investor Meeting

CONSOLIDATED AND NON-CONSOLIDATED FINANCIAL HIGHLIGHTS FOR SIX MONTHS ENDED SEPTEMBER 30, 2000

EAST JAPAN RAILWAY COMPANY(9020)

Six Months ended September 30, 1999 and 2000

CONSOLIDATED FIGURES

Millions of Yen (except for Net Income per Share)
  1999.9 2000.9 change(%)
Operating Revenues 1,245,824 1,260,174 1.2
Operating Income 190,598 174,470 -8.5
Net Income 51,356 37,672 -26.6
Net Income per Share(yen) 12,839 9,418 -26.6
Total Assets 7,273,232 7,201,545 -1.0
Total Long-Term Debt 4,870,718 4,741,936 -2.6
Shareholders' Equity 852,159 902,067 5.9
Operating Cash Flows 225,988 220,465 -2.4
Investing Cash Flows -144,492 -142,231 -1.6
Financing Cash Flows -98,341 -102,058 3.8
Figures are rounded down to the nearest million (except for Net Income per Share).
Figures are rounded down to the nearest yen (for Net Income per Share).

In Japan, due to the change in the Japanese Accounting Principles, companies are required to disclose their consolidated interim financial statements from the six months ended September 30, 2000.

JR East has calculated some of its consolidated interim figures for the six months ended September 30, 1999. However, these figures were calculated only as a preparatory step toward this fiscal year for the convenience of investors, and were not audited by the independent public accountants.

NON-CONSOLIDATED FIGURES

Millions of Yen(except for Net Income per Share)
  1999.9 2000.9 change(%)
Operating Revenues 949,586 953,529 0.4
Operating Income 179,955 158,908 -11.7
Net Income 43,682 32,723 -25.1
Net Income per Share(yen) 10,920 8,180 -25.1
Total Assets 6,585,987 6,479,146 -1.6
Total Long-Term Debt 4,705,679 4,581,282 -2.6
Shareholders' Equity 769,455 798,652 3.8
Figures are rounded down to the nearest million(except for Net Income per Share).
Figures are rounded down to the nearest yen(for Net Income per Share).