Worth reading
45Recurring
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
3.2
% (year-on-year change in operating revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales217,263¥ millionYear on year +3.2%Progress 49.7%
Operating profit49,244¥ millionYear on year -1.6%Progress 60.5%
Ordinary income43,124¥ millionYear on year -2.8%Progress 62.5%
Net income attributable to owners of the parent29,234¥ millionYear on year -16.3%Progress 58.5%
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¥50.35
Financial position at period-end
Total assets2,064,929¥ million
of which net assets 751,124 ¥ millionEquity ratio 36.4%vs. prior year-end +0.5pt
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+57,717
Investment-49,579
Financials+15,590
Net change+23,728
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¥92,008 million
Segment revenueTransportation ¥197,438 million (YoY +2.3%), Real estate business ¥7,543 million (YoY +5.5%), Life and business services business ¥14,305 million (YoY +11.5%)
Segment profitTransportation ¥40,667 million (YoY -4.8%), Real estate business ¥2,990 million (YoY +6.7%), Life and business services business ¥5,296 million (YoY +25.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥437,200 million (YoY +3.5%)
Operating profit¥81,400 million (YoY -9.1%)
Ordinary income¥69,000 million (YoY -12.9%)
Net income¥50,000 million (YoY -15.3%)
Annual Dividend Forecast¥42 → ¥44
Factors Behind Changes in Business Performance
Operating revenues increased due to higher passenger transportation revenue and other factors, while operating expenses also increased due to higher expenses and personnel costs, among other factors, resulting in a decline in profits from operating income downward.
Disclosure regarding the going concern assumption
None
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; excluded: 0 companies
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million, Valuation of donated railway facility assets ¥957 million, Contributions received for construction, etc. ¥300 million, Other ¥4 million / Extraordinary loss Loss on reduction of non-current asset acquisition costs ¥1,237 million, Other ¥80 million
Depreciation and amortization¥37,824 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For institutional investors and analysts
Issued Shares at Period-End581,000,000
Treasury Shares at Period-End335,780
| 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 | ¥217,263 million (YoY +3.2%) |
| Operating profit | ¥49,244 million (YoY -1.6%) |
| Ordinary income | ¥43,124 million (YoY -2.8%) |
| Profit attributable to owners of the parent | ¥29,234 million (YoY -16.3%) |
| Net income per share | ¥50.35 |
| Equity ratio | End of the current fiscal period 36.4 / End of previous period 35.9 |
| Total assets | ¥2,064,929 million |
| Net assets | ¥751,124 million |
| Cash flows from operating activities | ¥57,717 million |
| Cash flows from investing activities | ¥-49,579 million |
| Cash flows from financing activities | ¥15,590 million |
| Cash and cash equivalents at end of period | ¥92,008 million |
| Full-year earnings forecast | Net Sales ¥437,200 million (YoY +3.5%) / Operating profit ¥81,400 million (YoY -9.1%) / Ordinary income ¥69,000 million (YoY -12.9%) / Net income ¥50,000 million (YoY -15.3%) |
| Annual Dividend Forecast | ¥42 → ¥44 |
| Segment revenue | Transportation ¥197,438 million (YoY +2.3%), Real estate business ¥7,543 million (YoY +5.5%), Life and business services business ¥14,305 million (YoY +11.5%) |
| Segment profit | Transportation ¥40,667 million (YoY -4.8%), Real estate business ¥2,990 million (YoY +6.7%), Life and business services business ¥5,296 million (YoY +25.1%) |
| Depreciation and amortization | ¥37,824 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million, Valuation of donated railway facility assets ¥957 million, Contributions received for construction, etc. ¥300 million, Other ¥4 million / Extraordinary loss Loss on reduction of non-current asset acquisition costs ¥1,237 million, Other ¥80 million |
| Disclosure regarding the going concern assumption | None |
| 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; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For institutional investors and analysts |
| Issued Shares at Period-End | 581,000,000 |
| Treasury Shares at Period-End | 335,780 |
| Factors Behind Changes in Business Performance | Operating revenues increased due to higher passenger transportation revenue and other factors, while operating expenses also increased due to higher expenses and personnel costs, among other factors, resulting in a decline in profits from operating income downward. |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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.This was because operating revenues increased due to higher passenger transportation revenue and other factors, while operating expenses also increased due to higher expenses and personnel costs, among 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.