CENTRAL JAPAN RAILWAY COMPANY
Integrated Report 2023

INDEX

234Management Philosophy

Management Philosophy

JR Central’s Operating Revenues Composition
Market Area Characteristics and Transportation Capacity

Business Strategy

571113

JR Central’s History
TOP MESSAGE
Positive Cycle of“ESG Management”
JR Central’s“ESG Management”
Highlight

19

1.Reinforcement of Earning Power by utilizing the latest technologies-Aiming for a safer, more convenient, and more comfortable railway-

23

2.Targets toward carbon neutrality and addressing
the TCFD recommendations

25

3.Initiatives for Human Resources to Support
JR Central’s Sustainable Growth-Human resources development, creation of a rewarding
workplace, and health and productivity managementGenerating“Economic Value”

31

Financial Data

Creating“Social Value”

SE G

356371Social81

Corporate Data

Environment
Governance

Editorial Policy

JR Central strives to enhance dialogue with its stakeholders, including
shareholders and investors, in order to contribute to sustainable growth
and an increase in corporate value over the medium to long term. This
report is intended to deepen readers’comprehensive understandingof our company’s financial information and non-financial information,
including business strategies and ESG information. It is edited withreference to the“International Integrated Reporting Framework,”issued
by the International Integrated Reporting Council (IIRC), and“Guidancefor Collaborative Value Creation,”issued by the Ministry of Economy,
Trade and Industry. For ESG information, we refer to the“GRI Standards,”
issued by the Global Reporting Initiative (GRI).

[Cautionary Statement Concerning Forecasts, etc.]
Forward-looking statements and forecasts contained in this document
are estimates based on information currently available to JR Central andcontain risks and uncertainties. Examples of potential risks and uncertainties
include changes in economic trends, the business environment, consumer
trends, the competitive positions of JR Central and its subsidiaries, and lawsand regulations. This report is prepared based on information available asof the end of September 2023, in principle.
●The figures of financial information are rounded down to the nearest unit,
and other figures are rounded to the nearest unit.
●FY2022 signifies the fiscal year ended March 31, 2023.

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CENTRAL JAPAN RAILWAY COMPANY Integrated Report 2023

Japan’s main tansportation artery
JR Central’s mission is to undertake high-speed,large-capacity passenger transport between Tokyo,Nagoya, and Osaka.“Japan’s main transportationartery”refers to this passenger transport. Since themain transportation artery runs through this area ofJapan, which plays an important role as the center ofthe country’s economy and culture, its stagnancy could
cause the entire economic and societal movement inJapan to also stagnate. JR Central will continue to carryout its mission of managing Japan’s main transportationartery today and in the future through operation of theTokaido Shinkansen and the Chuo Shinkansen.

Contribute tothe developmentof Japan’s maintransportationartery and socialinfrastructure

Social infrastructureWith a broader perspective, JR Central also
undertakes the mission of supporting socialinfrastructure. That is, along with the managementof Japan’s main transportation artery, we takea locally oriented approach in operating anetwork of conventional lines in the Tokai Region,
centered on the Nagoya and Shizuoka areas, andmanage affiliated businesses focused on the local
communities, thereby supporting the people inthese areas. We will remain committed to operating
conventional lines while managing and further
enhancing our affiliated businesses.
CENTRAL JAPAN RAILWAY COMPANY Integrated Report 2023

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