Japan Broadcasting Corp. reported Wednesday its operations in fiscal 2000 were in the black for the 11th consecutive year, with revenue exceeding costs by 22.3 billion yen.
Operating revenues for the year ended March 31 totaled 652.5 billion yen against expenditures of 630.1 billion yen, producing a positive balance up 2.5 billion yen from the previous year.
NHK released the figures in its annual operation report, submitted to Toranosuke Katayama, minister of public management, home affairs, posts and telecommunications.
NHK said fees collected from subscribers came in 4.7 billion yen below projections due to the sluggish economy, but said it covered the shortfall through rationalization efforts.
It plans to use some 9.5 billion yen of the 22.3 billion yen balance for loan repayments