Komori
Financial results presentation9003Sotetsu Holdings,Inc.Transportation and Logistics

Earnings Presentation Materials for the Fiscal Year Ending March 2026

For the fiscal year ending March 2026, revenue and profit increased, driven by strong hotel demand and higher average spend in the distribution business. Operating profit, ordinary profit and net income all exceeded plan. For the fiscal year ending March 2027, revenue is expected to increase, while operating profit and net income are forecast to decline.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
5.3
Year-on-year change in operating revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥307,572 million+5.3%
Operating profit¥38,833 million+2.7%
Ordinary income¥35,696 million+2.5%
Net income¥24,848 million +10.9%net income attributable to owners of the parent
Results for the three months of the current quarter
Operating revenue
  • ¥75,082 million
    QuarterFirst quarter
  • ¥69,825 million
    QuarterSecond quarter
  • ¥76,932 million
    QuarterThird quarter
  • ¥85,732 million
    QuarterFourth quarter
Operating profit
  • ¥11,105 million
    QuarterFirst quarter
  • ¥7,877 million
    QuarterSecond quarter
  • ¥11,438 million
    QuarterThird quarter
  • ¥8,412 million
    QuarterFourth quarter
Full-year earnings forecast
Operating revenue
¥321,300 million
Operating profit
¥37,000 million
Ordinary income
¥32,700 million
Net income for the current fiscal year
¥22,100 million
Profit attributable to owners of the parent
¥22,100 million
Earnings per share
¥230.28
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Both above-plan and below-plan results
New initiatives
  • Investment related to the Sotetsu Shin-Yokohama Line and the continuous grade-separation project near Tsurugamine Station
  • Introduction of new rolling stock and purchase of buses
  • Opening and renovation of Sotetsu Rosen stores
  • New hotel openings and renovation work
  • Acquisition of new income-producing properties and rental apartments
  • Acquisition of a Solar Power Plant
Key KPIsA metric the company considers important as a management benchmark.
  • Railway passenger numbers227,805 thousand customers
    Year on year against the same period last year+2.9%
  • Railway passenger revenue¥34,727 million
    Year on year against the same period last year+3.2%
  • Sotetsu Rosen same-store sales1.8 Year-on-year %
  • Housing units sold326 units
    Year on year against the same period last yearup 29.5% (326 units versus 251 units)
  • Domestic lodging-focused occupancy rate86.7 %
    Year on year against the same period last year+1.8 percentage points
  • Yokohama Bay Sheraton occupancy rate85.4 %
    Year on year against the same period last year+0.2 percentage points
  • Domestic lodging-focused average room rate¥14,415
    Year on year against the same period last year+10.3%
  • Yokohama Bay Sheraton average room rate¥27,888
    Year on year against the same period last year+7.7%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Railway passenger numbers227,805 thousand customers
    Year on year against the same period last year+2.9%
  • Railway passenger revenue¥34,727 million
    Year on year against the same period last year+3.2%
  • Domestic lodging-focused occupancy rate86.7 %
    Year on year against the same period last year+1.8 percentage points
  • Domestic lodging-focused average room rate¥14,415
    Year on year against the same period last year+10.3%
  • Yokohama Bay Sheraton occupancy rate85.4 %
    Year on year against the same period last year+0.2 percentage points
  • Yokohama Bay Sheraton average room rate¥27,888
    Year on year against the same period last year+7.7%
Segment results
Transportation
Sales45,063
Sales unit¥ million
Operating profit5,727
Profit unit¥ million
Year-on-year revenue comparison3.5
Year-on-year change in profit16.6
Distribution Business
Sales97,247
Sales unit¥ million
Operating profit886
Profit unit¥ million
Year-on-year revenue comparison2.5
Real Estate Business
Sales73,236
Sales unit¥ million
Operating profit13,957
Profit unit¥ million
Year-on-year revenue comparison2.8
Year-on-year change in profit-26.7
Real estate sales business
Sales30,924
Sales unit¥ million
Operating profit2,251
Profit unit¥ million
Year-on-year revenue comparison1.5
Year-on-year change in profit-63.3
Rental
Sales42,658
Sales unit¥ million
Operating profit11,618
Profit unit¥ million
Year-on-year revenue comparison3.7
Year-on-year change in profit-9.8
Hotel business
Sales75,469
Sales unit¥ million
Operating profit16,448
Profit unit¥ million
Year-on-year revenue comparison12.8
Year-on-year change in profit30.1
Other
Sales30,548
Sales unit¥ million
Operating profit2,162
Profit unit¥ million
Year-on-year revenue comparison8.9
Year-on-year change in profit28.7
Capital expenditures
¥38,169 million
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026
Net Sales¥307,572 million (YoY +5.3%)
Operating profit¥38,833 million (YoY +2.7%)
Ordinary income¥35,696 million (YoY +2.5%)
Net income¥24,848 million (net income attributable to owners of the parent) (YoY +10.9%)
Results for the three months of the current quarterOperating revenue ¥75,082 million, ¥69,825 million, ¥76,932 million, ¥85,732 million / Operating profit ¥11,105 million, ¥7,877 million, ¥11,438 million, ¥8,412 million
Full-year earnings forecastOperating revenue ¥321,300 million / Operating profit ¥37,000 million / Ordinary income ¥32,700 million / Net income for the current fiscal year ¥22,100 million / Profit attributable to owners of the parent ¥22,100 million / Earnings per share ¥230.28
Self-assessment against the planBoth above-plan and below-plan results
Segment resultsTransportation Sales 45,063 / Sales unit ¥ million / Operating profit 5,727 / Profit unit ¥ million / Year-on-year revenue comparison 3.5 / Year-on-year change in profit 16.6 / Distribution Business Sales 97,247 / Sales unit ¥ million / Operating profit 886 / Profit unit ¥ million / Year-on-year revenue comparison 2.5 / Year-on-year change in profit Not disclosed / Real Estate Business Sales 73,236 / Sales unit ¥ million / Operating profit 13,957 / Profit unit ¥ million / Year-on-year revenue comparison 2.8 / Year-on-year change in profit -26.7 / Real estate sales business Sales 30,924 / Sales unit ¥ million / Operating profit 2,251 / Profit unit ¥ million / Year-on-year revenue comparison 1.5 / Year-on-year change in profit -63.3 / Rental Sales 42,658 / Sales unit ¥ million / Operating profit 11,618 / Profit unit ¥ million / Year-on-year revenue comparison 3.7 / Year-on-year change in profit -9.8 / Hotel business Sales 75,469 / Sales unit ¥ million / Operating profit 16,448 / Profit unit ¥ million / Year-on-year revenue comparison 12.8 / Year-on-year change in profit 30.1 / Other Sales 30,548 / Sales unit ¥ million / Operating profit 2,162 / Profit unit ¥ million / Year-on-year revenue comparison 8.9 / Year-on-year change in profit 28.7
Key KPIsIndicator name Railway passenger numbers / Value 227,805 thousand customers / Year on year against the same period last year 2.9 thousand customers, Indicator name Railway passenger revenue / Value ¥34,727 million / Year on year against the same period last year ¥3.2 million, Indicator name Sotetsu Rosen same-store sales / Value 1.8 Year-on-year % / Year on year against the same period last year Not disclosed, Indicator name Housing units sold / Value 326 units / Year on year against the same period last year up 29.5% (326 units versus 251 units), Indicator name Domestic lodging-focused occupancy rate / Value 86.7 % / Year on year against the same period last year +1.8 percentage points, Indicator name Yokohama Bay Sheraton occupancy rate / Value 85.4 % / Year on year against the same period last year +0.2 percentage points, Indicator name Domestic lodging-focused average room rate / Value ¥14,415 / Year on year against the same period last year ¥10.3, Indicator name Yokohama Bay Sheraton average room rate / Value ¥27,888 / Year on year against the same period last year ¥7.7
Unit price and quantity metricsIndicator name Railway passenger numbers / Value 227,805 thousand customers / Year on year against the same period last year 2.9 thousand customers, Indicator name Railway passenger revenue / Value ¥34,727 million / Year on year against the same period last year ¥3.2 million, Indicator name Domestic lodging-focused occupancy rate / Value 86.7 % / Year on year against the same period last year +1.8 percentage points, Indicator name Domestic lodging-focused average room rate / Value ¥14,415 / Year on year against the same period last year ¥10.3, Indicator name Yokohama Bay Sheraton occupancy rate / Value 85.4 % / Year on year against the same period last year +0.2 percentage points, Indicator name Yokohama Bay Sheraton average room rate / Value ¥27,888 / Year on year against the same period last year ¥7.7
Capital expenditures¥38,169 million
New initiativesInvestment related to the Sotetsu Shin-Yokohama Line and the continuous grade-separation project near Tsurugamine Station, Introduction of new rolling stock and purchase of buses, Opening and renovation of Sotetsu Rosen stores, New hotel openings and renovation work, Acquisition of new income-producing properties and rental apartments, Acquisition of a Solar Power Plant
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastBreakdown of Factors Affecting the ChangeNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

For the fiscal year ending March 2026, gross profit margins declined and expenses increased in the real estate sales business, but hotel demand remained strong, while higher average spend and new store openings contributed in the distribution business. For the fiscal year ending March 2027, revenue is expected to increase in the real estate leasing business, mainly due to the sale of existing properties and other factors. However, expenses related to the Sotetsu Shin-Yokohama Line in the transportation business, higher hotel expenses and a decline following the Osaka-Kansai Expo held in the previous fiscal year are expected.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Earnings Presentation Materials for the Fiscal Year Ending March 2026 | Sotetsu Holdings,Inc. (9003) timely disclosure | Komori