Worth reading
51Recurring
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
1116
Operating profit decrease (¥ million)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter 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¥109,049 million+2.8%
Operating profit¥27,782 million-3.9%
Ordinary income¥24,722 million-4.9%
Net income¥16,811 million-24.7%
Full-year earnings forecast
Operating revenue
¥437,200 million
Operating expenses
¥355,700 million
Operating profit
¥81,400 million
Ordinary income
¥69,000 million
Profit attributable to owners of the parent
¥50,000 million
EBITDA
¥157,700 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally on track against the full-year consolidated earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating revenueIncrease in passenger transportation revenue: +¥2.3 billion; decrease in other transportation revenue: △¥0.4 billion; increase in real estate revenue: +¥0.1 billion; increase in Life and Business Services revenue: +¥0.1 billion; other and segment adjustments: +¥0.6 billion
Operating expensesIncrease in personnel expenses: △¥2.2 billion; increase in other expenses: △¥1.0 billion; decrease in taxes and dues: +¥0 billion; increase in depreciation and amortization: △¥0.7 billion
New initiatives
Launched a deferred fare payment service using contactless credit-card payments in March 2026Key KPIsA metric the company considers important as a management benchmark.
- Passengers carried671,476 thousand customers+2.6%
- Weekday station gate entries and exits10,629 thousand people/day+1.4%
- Weekend and holiday station gate entries and exits6,212 thousand people/day+1.2%
Segment results
Transportation
Operating revenue
¥99,304 million+1.9%
Operating profit
¥23,541 million-7.1%
Real Estate Business
Operating revenue
¥3,764 million+5.6%
Operating profit¥1.5 billion, up 10.2% year on year
Annual Dividend
Annual dividend per share: ¥44; year-end dividend: ¥22| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥109,049 million (YoY +2.8%) |
| Operating profit | ¥27,782 million (YoY -3.9%) |
| Ordinary income | ¥24,722 million (YoY -4.9%) |
| Net income | ¥16,811 million (YoY -24.7%) |
| Full-year earnings forecast | Operating revenue ¥437,200 million / Operating expenses ¥355,700 million / Operating profit ¥81,400 million / Ordinary income ¥69,000 million / Profit attributable to owners of the parent ¥50,000 million / EBITDA ¥157,700 million |
| Self-assessment against the plan | Generally on track against the full-year consolidated earnings forecast |
| Segment results | Transportation Operating revenue ¥99,304 million (YoY +1.9%) / Operating profit ¥23,541 million (YoY -7.1%) / Real Estate Business Operating revenue ¥3,764 million (YoY +5.6%) / Operating profit ¥1.5 billion, up 10.2% year on year |
| Breakdown of Factors Affecting the Change | Operating revenue Increase in passenger transportation revenue: +¥2.3 billion; decrease in other transportation revenue: △¥0.4 billion; increase in real estate revenue: +¥0.1 billion; increase in Life and Business Services revenue: +¥0.1 billion; other and segment adjustments: +¥0.6 billion / Operating expenses Increase in personnel expenses: △¥2.2 billion; increase in other expenses: △¥1.0 billion; decrease in taxes and dues: +¥0 billion; increase in depreciation and amortization: △¥0.7 billion |
| Key KPIs | Passengers carried 671,476 thousand customers (YoY +2.6%), Weekday station gate entries and exits 10,629 thousand people/day (YoY +1.4%), Weekend and holiday station gate entries and exits 6,212 thousand people/day (YoY +1.2%) |
| Annual Dividend | Annual dividend per share: ¥44; year-end dividend: ¥22 |
| New initiatives | Launched a deferred fare payment service using contactless credit-card payments in March 2026 |
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital 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.Operating revenue increased due to higher passenger transportation revenue and other factors, but operating expenses rose by ¥4 billion because of higher personnel expenses and other costs, resulting in lower operating profit. Net income declined due in part to the absence of the gain on the revision of the retirement benefit plan recorded in the same period of the previous year.
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.