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Since its establishment, JR Kyushu has been working on its railway business to improve its balance sheet by increasing the number of trains on its lines, speeding up travel time, and opening the Kyushu Shinkansen Line. In related fields of business, we have sought to raise revenue in our directly managed businesses, such as asset utilization in the development and management of station buildings and condominiums as well as businesses pursued by our 34 affiliated companies. As a result, in fiscal 2008, the JR Kyushu Group as a whole achieved a consolidated 301 billion yen in sales and a current profit of 14.4 billion yen.
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JR Kyushu Group began to implement a new medium-term business plan in fiscal 2007, gDASH 2011h (for 2007-2011), with a view to establishing a stock-listed business foundation and maximizing the corporate value of the JR Kyushu Group. To this end, we will continue our efforts in creating a culture of safety and customer service at our company while proceeding with two major projects, the opening of the full Kyushu Shinkansen Line (Kagoshima Route) and the new Hakata Station building, which are now only two years away. We will also actively promote the use of the Sugoca IC smart card ticketing system, which was introduced in March 2009, as well as environmental conservation and barrier-free stations.
JR Kyushu Group will continue its efforts based on the principle that gsafety is our top priorityh as we devote ourselves to being a conscientious and responsible company and a corporate group trusted by all of our customers.
We thank you for your support and patronage.
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