Worth reading
58In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
8.4
Year-on-year change in net sales for the interim period (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales1,585,372¥ millionYear on year +8.4%Progress 47.2%
Operating profit262,906¥ millionYear on year +13.6%Progress 58.4%
Ordinary income230,138¥ millionYear on year +15.7%Progress 60.9%
Net income attributable to owners of the parent151,998¥ millionYear on year +3.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥134.62
Financial position at period-end
Total assets10,814,235¥ million
of which net assets 3,164,792 ¥ millionEquity ratio 29.1%vs. prior year-end +0.9pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+283,001
Investment-490,554
Financials+214,649
Net change+7,096
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥270,017 million
Segment revenueTransportation Business ¥1,088,832 million, Distribution and Services business ¥206,058 million, Real Estate and Hotel business ¥232,861 million, Other ¥57,619 million
Segment profitTransportation Business ¥177,529 million, Distribution and Services business ¥32,208 million, Real Estate and Hotel business ¥41,226 million, Other ¥11,806 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,358,000 million (YoY +8.9%)
Operating profit¥450,000 million (YoY +8.6%)
Ordinary income¥378,000 million (YoY +7.5%)
Profit attributable to owners of the parent¥265,000 million (YoY +6.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥3,358,000 million / Operating profit Not disclosed → ¥450,000 million / Ordinary income Not disclosed → ¥378,000 million / Profit attributable to owners of the parent Not disclosed → ¥265,000 million
Annual Dividend Forecast¥74 → ¥88
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationAdded: 0 companies (no company names); excluded: 0 companies (no company names)
Material subsequent eventsOn 1 October 2026, an absorption-type merger was carried out between JR East Real Estate Development Co., Ltd. and ITOCHU Urban Development Corporation, and the post-merger company was named JR East ITOCHU Urban Development Co., Ltd. The Company's voting rights acquisition ratio is 60%.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥7,788 million, Contributions received for construction, etc. ¥5,823 million, Other ¥2,886 million / Extraordinary loss Loss on retirement of non-current assets ¥9,830 million, Reduction in acquisition cost from construction contributions, etc. ¥5,805 million, Other ¥15,189 million
Depreciation and amortization¥219,025 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End1,134,412,200
Treasury Shares at Period-End5,547,051
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥1,585,372 million (YoY +8.4%) |
| Operating profit | ¥262,906 million (YoY +13.6%) |
| Ordinary income | ¥230,138 million (YoY +15.7%) |
| Profit attributable to owners of the parent | ¥151,998 million (YoY +3.2%) |
| Net income per share | ¥134.62 |
| Equity ratio | End of the current fiscal period 29.1 / End of previous period 28.2 |
| Total assets | ¥10,814,235 million |
| Net assets | ¥3,164,792 million |
| Cash flows from operating activities | ¥283,001 million |
| Cash flows from investing activities | ¥-490,554 million |
| Cash flows from financing activities | ¥214,649 million |
| Cash and cash equivalents at end of period | ¥270,017 million |
| Full-year earnings forecast | Net Sales ¥3,358,000 million (YoY +8.9%) / Operating profit ¥450,000 million (YoY +8.6%) / Ordinary income ¥378,000 million (YoY +7.5%) / Profit attributable to owners of the parent ¥265,000 million (YoY +6.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥3,358,000 million / Operating profit Not disclosed → ¥450,000 million / Ordinary income Not disclosed → ¥378,000 million / Profit attributable to owners of the parent Not disclosed → ¥265,000 million |
| Annual Dividend Forecast | ¥74 → ¥88 |
| Segment revenue | Transportation Business ¥1,088,832 million, Distribution and Services business ¥206,058 million, Real Estate and Hotel business ¥232,861 million, Other ¥57,619 million |
| Segment profit | Transportation Business ¥177,529 million, Distribution and Services business ¥32,208 million, Real Estate and Hotel business ¥41,226 million, Other ¥11,806 million |
| Depreciation and amortization | ¥219,025 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥7,788 million, Contributions received for construction, etc. ¥5,823 million, Other ¥2,886 million / Extraordinary loss Loss on retirement of non-current assets ¥9,830 million, Reduction in acquisition cost from construction contributions, etc. ¥5,805 million, Other ¥15,189 million |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | Added: 0 companies (no company names); excluded: 0 companies (no company names) |
| Material subsequent events | On 1 October 2026, an absorption-type merger was carried out between JR East Real Estate Development Co., Ltd. and ITOCHU Urban Development Corporation, and the post-merger company was named JR East ITOCHU Urban Development Co., Ltd. The Company's voting rights acquisition ratio is 60%. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 1,134,412,200 |
| Treasury Shares at Period-End | 5,547,051 |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossFactors Behind Changes in Business Performance
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.The main text does not state the factors behind changes in performance or the reasons for revising the earnings and dividend forecasts.
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.