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JR East, West on track for record profit

Freight sibling turns in first profit in core operations

TOKYO -- East and West Japan Railway have both forecast record profits for the fiscal year ending March 2018, anticipating more bullet train passengers and higher income from real estate and other noncore operations.

West Japan Railway said Friday it expects a group net profit of 109 billion yen ($978 million) for the fiscal year through March 2018, up 19% on the year.

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