Profit and Loss Statement (Table Ⅲ- 8)(Note: Totals may not match due to rounding of figures.)
Breakdown

FY 2021 (A)FY 2022 (B)Change (B) - (A)Hundred million yen

Hundred million yen

Hundred million yen

14,376

14,402＋ 25

11,115

11,382＋ 266

Management effort subsidy expenses

611＋5

Railway facility utilization expenses

8583▲1General administrative expenses(Labor costs)

18(9)
(9)

15(9)
(6)

▲3（▲0）
(▲ 3)

2,556

2,417

▲ 139

Interest expenses and expenses required when procuring andrepaying funds586484▲ 101

Company labor costs, expenses, and interest required for road
construction accounted for as expenses during the term when
attributing assets

87▲117,80019,402＋ 1,602

17,477

19,075＋ 1,598

Railway facility utilization revenue

22▲0Revenue from the utilization of railway facilities

Revenue from railway maintenanceand repair grants

719＋ 12Revenue through grants received from JRTT to maintain andrepair (capital expenditure) railroad facilities (Honshi-Bisan Line)

138

130

▲8Revenue from occupancy fees and consolidated revenue fromservice/parking areas

9294＋2

Revenue created by reversing contra-accounts in an amountequivalent to depreciation costs related to road assets included incontra asset accounts

7876▲1Revenue from reversing contra-accounts in an amount equivalent todepreciation costs related to railway assets included in construction
contra-accounts

Financial revenue21(▲ 1)

Miscellaneous income

12(＋ 0)

3,423

4,999＋ 1,576

Extraordinary losses

392▲ 37

Loss on sale of fixed assets

Extraordinary profit

255339＋ 83

Reversal of provisions for the Expressway Convenience
Improvement Project3,638

5,336＋ 1,697

11＋03,640

5,338＋ 1,698

Ordinary

Road asset lending expenses

Account Details

Depreciation expenses, loss on retirement of fixed assets,taxes and public dues, etc. related to road asset lending
Expenses to subsidize management efforts to reduce road
construction costs
Depreciation expenses, taxes and public dues, payment management

outsourcing expenses, etc. related to railway facilities(Expenses)

Financial expenses

Road asset acquisition expenses

Miscellaneous losses

Ordinary revenue
Road asset lending revenue

Other revenue

Reversal of contra-accounts for assets

Reversal of contra-accounts forrailway facility construction

Ordinary profit

Current term net profit
Reversal of reserve funds carried forwardfrom the previous medium-term target period

Current term gross profit

Revenue from road asset lending

The amount equivalent to depreciation costs of fixed assets
acquired through owned income in the previous medium-termtarget period

Ordinary expenses
Ordinary expenses totaled ¥1.4402 trillion. Accounting for the majority at ¥1.3799 trillion, or 95% of this total, was (1) ¥1.1382 trillion in “Road asset lending expenses”, which is largely composed of depreciation expenses related to road assets,and (2) ¥241.7 billion in “Financial expenses”, or interest expenses on bonds and debts.
Ordinary revenue
Ordinary revenue totaled ¥1.9402 trillion. Accounting for the majority at ¥1.9075 trillion, or 98% of this total, was "Roadasset lending revenue".
Ordinary profit
As a result, ordinary profit totaled ¥499.9 billion.
Extraordinary losses
Extraordinary losses totaled ¥200 million. Most of this was ¥200 million in capital losses from land, etc.
Extraordinary profit
Extraordinary profit totaled ¥33.9 billion. The majority of this was the ¥33.6 billion in "Reversal of provisions for theExpressway Convenience Improvement Project” included to cover the decrease in lending fees due to the Project.
Current term gross profit
Current term gross profit totaled ¥533.8 billion, with extraordinary losses of ¥200 million, extraordinary profit of ¥33.9 billion,and "Reversal of reserve funds carried forward from the previous medium-term target period" of ¥100 million added to theordinary profit of ¥499.9 billion.