Worth reading
53Recurring
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
550
¥100 million (increase from the previous forecast for full-year operating profit)Wording
Definitive
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter (interim period) of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥10,129 100 million+3.1%
Operating profit¥4,471 100 million-1.5%
Ordinary income¥4,259 100 million+0.1%
Net income¥2,884 100 million -3.2%interim net income attributable to owners of the parent
Results for the three months of the current quarter
Transportation revenue
¥4,067 100 million
Year on year against the same period last year+1.1%
Passenger-kilometers
17,763 million passenger-kilometers
Year on year against the same period last year-0.1%
Full-year earnings forecast
Consolidated
Operating revenue
¥20,490 100 million
Operating expenses
¥12,920 100 million
Operating profit
¥7,570 100 million
Ordinary income
¥7,150 100 million
Profit attributable to owners of the parent
¥4,870 100 million
Standalone
Operating revenue
¥16,730 100 million
Transportation revenue
¥15,940 100 million
Operating expenses
¥9,670 100 million
Operating profit
¥7,060 100 million
Ordinary income
¥6,590 100 million
Net income for the current fiscal year
¥4,550 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Higher transport revenue¥95 100 million
- Higher sales at station stores and department stores¥59 100 million
- Higher rental income from commercial facilities at stations¥20 100 million
- Higher sales in the railway rolling stock and other manufacturing business¥131 100 million
- Increase in personnel expenses¥45 100 million
- Higher power costs¥33 100 million
- Higher repair expenses¥78 100 million
- Higher operating expenses¥60 100 million
- Recognition of an Impairment Loss on Shares of an Affiliate¥-41 100 million
New initiatives
- Upward Revision to Full-Year Earnings Forecast
- Increase in the interim dividend and forecast year-end dividend to ¥17 per share
- Share repurchase of up to ¥10 billion
- Cancellation of all repurchased shares
Key KPIsA metric the company considers important as a management benchmark.
- Shinkansen transportation revenue¥7,403 100 millionYear on year against the same period last year+1.1%
- Conventional-line transportation revenue¥542 100 millionYear on year against the same period last year+2.2%
- Passenger-kilometers (total)34,755 million passenger-kilometersYear on year against the same period last year+0.1%
- Scheduled passenger-kilometres3,418 million passenger-kilometersYear on year against the same period last year+2.3%
- Non-scheduled passenger-kilometres31,338 million passenger-kilometersYear on year against the same period last year-0.1%
Segment results
Transportation
Net Sales¥8,282 100 million
Year-on-year change in revenue¥1.2 100 million
Operating profit¥4,174 100 million
Year-on-year operating profit growth¥-2.5 100 million
Retail Business
Net Sales¥950 100 million
Year-on-year change in revenue¥7.3 100 million
Operating profit¥83 100 million
Year-on-year operating profit growth¥16.7 100 million
Real Estate
Net Sales¥464 100 million
Year-on-year change in revenue¥-0.8 100 million
Operating profit¥137 100 million
Year-on-year operating profit growth¥0.6 100 million
Other
Net Sales¥1,326 100 million
Year-on-year change in revenue¥8.7 100 million
Operating profit¥86 100 million
Year-on-year operating profit growth¥38.1 100 million
Annual Dividend
Annual dividend per share34 Yen
Interim Dividend17 Yen
Year-end dividend forecast17 Yen
Acquisition of treasury shares
Maximum amount¥100 100 million
Cancellation of all repurchased sharesYes
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥10,129 100 million (YoY +3.1%) |
| Operating profit | ¥4,471 100 million (YoY -1.5%) |
| Ordinary income | ¥4,259 100 million (YoY +0.1%) |
| Net income | ¥2,884 100 million (interim net income attributable to owners of the parent) (YoY -3.2%) |
| Results for the three months of the current quarter | Transportation revenue ¥4,067 100 million / Passenger-kilometers 17,763 million passenger-kilometers |
| Full-year earnings forecast | Consolidated Operating revenue ¥20,490 100 million / Operating expenses ¥12,920 100 million / Operating profit ¥7,570 100 million / Ordinary income ¥7,150 100 million / Profit attributable to owners of the parent ¥4,870 100 million / Standalone Operating revenue ¥16,730 100 million / Transportation revenue ¥15,940 100 million / Operating expenses ¥9,670 100 million / Operating profit ¥7,060 100 million / Ordinary income ¥6,590 100 million / Net income for the current fiscal year ¥4,550 100 million |
| Segment results | Transportation Net Sales ¥8,282 100 million / Year-on-year change in revenue ¥1.2 100 million / Operating profit ¥4,174 100 million / Year-on-year operating profit growth ¥-2.5 100 million / Retail Business Net Sales ¥950 100 million / Year-on-year change in revenue ¥7.3 100 million / Operating profit ¥83 100 million / Year-on-year operating profit growth ¥16.7 100 million / Real Estate Net Sales ¥464 100 million / Year-on-year change in revenue ¥-0.8 100 million / Operating profit ¥137 100 million / Year-on-year operating profit growth ¥0.6 100 million / Other Net Sales ¥1,326 100 million / Year-on-year change in revenue ¥8.7 100 million / Operating profit ¥86 100 million / Year-on-year operating profit growth ¥38.1 100 million |
| Breakdown of Factors Affecting the Change | Factors Higher transport revenue / Amount ¥95 100 million, Factors Higher sales at station stores and department stores / Amount ¥59 100 million, Factors Higher rental income from commercial facilities at stations / Amount ¥20 100 million, Factors Higher sales in the railway rolling stock and other manufacturing business / Amount ¥131 100 million, Factors Increase in personnel expenses / Amount ¥45 100 million, Factors Higher power costs / Amount ¥33 100 million, Factors Higher repair expenses / Amount ¥78 100 million, Factors Higher operating expenses / Amount ¥60 100 million, Factors Recognition of an Impairment Loss on Shares of an Affiliate / Amount ¥-41 100 million |
| Key KPIs | Indicator name Shinkansen transportation revenue / Value ¥7,403 100 million / Year on year against the same period last year ¥1.1 100 million, Indicator name Conventional-line transportation revenue / Value ¥542 100 million / Year on year against the same period last year ¥2.2 100 million, Indicator name Passenger-kilometers (total) / Value 34,755 million passenger-kilometers / Year on year against the same period last year 0.1 million passenger-kilometers, Indicator name Scheduled passenger-kilometres / Value 3,418 million passenger-kilometers / Year on year against the same period last year 2.3 million passenger-kilometers, Indicator name Non-scheduled passenger-kilometres / Value 31,338 million passenger-kilometers / Year on year against the same period last year -0.1 million passenger-kilometers |
| Annual Dividend | Annual dividend per share 34 Yen / Interim Dividend 17 Yen / Year-end dividend forecast 17 Yen |
| Acquisition of treasury shares | Maximum amount ¥100 100 million / Period Not disclosed / Number of shares acquired Not disclosed / Cancellation of all repurchased shares Yes |
| New initiatives | Upward Revision to Full-Year Earnings Forecast, Increase in the interim dividend and forecast year-end dividend to ¥17 per share, Share repurchase of up to ¥10 billion, Cancellation of all repurchased shares |
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioCapital expendituresOrders 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.Transportation revenue increased as demand from business travelers, tourists and inbound visitors remained solid, more than offsetting the impact of the Osaka-Kansai Expo held in the previous fiscal year. Operating expenses increased due to higher labor costs and other expenses at the company and its group companies. The upward revision to the full-year forecasts reflects first-half results and other factors.
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.