Komori
Revision to earnings forecast9022Central Japan Railway CompanyTransportation and Logistics

Notice Regarding Revisions to the Earnings Forecast of a Subsidiary

The consolidated subsidiary 日本車輌製造 raised its full-year earnings forecasts for the fiscal year ending March 2027. The forecasts were increased by 5.6% for net sales, 44.3% for consolidated operating income and 28.0% for net income attributable to owners of the parent.

Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
44.3
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 24 April 2026
Net Sales—→—million
—
Operating profit—→—million
—
Ordinary income—→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Net sales are expected to remain stronger than initially anticipated across each business. The respective profit figures are expected to benefit from the absence of any impact on the manufacturing process from uncertainty surrounding the situation in the Middle East, an improvement in overall profit margins due to higher net sales and changes in the product mix, and initiatives to improve quality, reduce costs and enhance operational efficiency.

Previous-period resultsConsolidated net sales ¥99,971 million, consolidated operating income ¥11,615 million, consolidated ordinary income ¥11,986 million, net income attributable to owners of the parent ¥11,661 million, and net income per share ¥808.18 / Non-consolidated net sales ¥99,068 million, ordinary income ¥11,970 million, net income ¥14,005 million, and net income per share ¥970.56
Consolidated / non-consolidatedConsolidated and non-consolidated (日本車輌製造 earnings forecasts)
Revised forecast
ItemDetails
Net SalesConsolidated 107,000 / Non-consolidated 106,000 → Consolidated 113,000 / Non-consolidated 111,000(Consolidated 5.6 / Non-consolidated 4.7)
Operating profitConsolidated 8,800 / Non-consolidated Not disclosed → Consolidated 12,700 / Non-consolidated Not disclosed(Consolidated 44.3 / Non-consolidated Not disclosed)
Ordinary incomeConsolidated 9,300 / Non-consolidated 9,100 → Consolidated 13,400 / Non-consolidated 13,300(Consolidated 44.1 / Non-consolidated 46.2)
Profit attributable to owners of the parentConsolidated 7,500 / Non-consolidated net income 7,500 → Consolidated 9,600 / Non-consolidated net income 9,600(Consolidated 28.0 / Non-consolidated 28.0)
Net income per shareConsolidated 519.77 / Non-consolidated 519.73 → Consolidated 665.32 / Non-consolidated 665.26(Consolidated — / Non-consolidated —)
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast24 April 2026
Previous-period resultsConsolidated net sales ¥99,971 million, consolidated operating income ¥11,615 million, consolidated ordinary income ¥11,986 million, net income attributable to owners of the parent ¥11,661 million, and net income per share ¥808.18 / Non-consolidated net sales ¥99,068 million, ordinary income ¥11,970 million, net income ¥14,005 million, and net income per share ¥970.56
Reason for the revisionNet sales are expected to remain stronger than initially anticipated across each business. The respective profit figures are expected to benefit from the absence of any impact on the manufacturing process from uncertainty surrounding the situation in the Middle East, an improvement in overall profit margins due to higher net sales and changes in the product mix, and initiatives to improve quality, reduce costs and enhance operational efficiency.
Consolidated / non-consolidatedConsolidated and non-consolidated (日本車輌製造 earnings forecasts)
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Each business is expected to perform more strongly than initially anticipated, the manufacturing process has not been affected by uncertainty surrounding the situation in the Middle East, profit margins have improved due to higher net sales and changes in the product mix, and initiatives to improve quality, reduce costs and enhance operational efficiency have contributed.

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.
Notice Regarding Revisions to the Earnings Forecast of a Subsidiary | Central Japan Railway Company (9022) timely disclosure | Komori