Komori
Presentation materials for financial results9046Kobe Electric Railway Co.,Ltd.Transportation and Logistics

Supplementary Explanatory Materials for the First Quarter Financial Results for the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, operating revenue increased by ¥80 million year on year, while operating income decreased by ¥130 million. Ordinary income and net income attributable to owners of the parent also declined, reflecting lower earnings in the railway and other businesses.

Worth reading
32Immaterial
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
130
¥ million (year-on-year decrease in operating profit)
Wording
Definitive
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 20274 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,862 million+1.4%
Operating profit¥843 million-13.4%
Ordinary income¥749 million-8.8%
Net income¥500 million-13.5%
Results for the three months of the current quarter
Operating revenue
¥5,862 million
Operating profit
¥843 million
Ordinary income
¥749 million
Profit attributable to owners of parent for the quarter
¥500 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Transportation operating revenue
    Change in amount65
  • Real Estate operating revenue
    Change in amount65
  • Retail operating revenue
    Change in amount-4
  • Other operating revenue
    Change in amount-19
  • Operating revenue adjustments
    Change in amount-27
  • Consolidated operating revenue
    Change in amount80
  • Transportation operating income
    Change in amount-137
  • Real Estate operating profit
    Change in amount-2
  • Retail operating income
    Change in amount-1
  • Other operating profit
    Change in amount9
  • Operating income adjustments
    Change in amount2
  • Consolidated operating income
    Change in amount-130
New initiatives
  • Trial operation of demand-responsive taxis
  • Acquisition of new rental properties in Funabashi, Chiba Prefecture
  • Outsourced management and operation of 3 parking facilities from Kobe City
  • Customer-attraction initiatives, including strengthening the fresh-food offering at food supermarkets and holding regional-product fairs
  • Customer acquisition for the mobile supermarket “Tokushimaru”
Key KPIsA metric the company considers important as a management benchmark.
  • Railway passenger revenue¥2,530,345 thousand
    Year-on-year (%)0.2
  • Railway passenger numbers14,655 thousand customers
    Year-on-year (%)0.1
Segment results
  • Transportation
    Operating revenue¥3,680 million (YoY +1.8%)
    Operating profit¥616 million (YoY -18.2%)
  • Real Estate Business
    Operating revenue¥569 million (YoY +12.9%)
    Operating profit¥225 million (YoY -0.9%)
  • Distribution Business
    Operating revenue¥1,317 million (YoY -0.3%)
    Operating profit¥14 million (YoY -6.7%)
  • Other
    Operating revenue¥617 million (YoY -3.0%)
    Operating profit¥-20 million
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥5,862 million (YoY +1.4%)
Operating profit¥843 million (YoY -13.4%)
Ordinary income¥749 million (YoY -8.8%)
Net income¥500 million (YoY -13.5%)
Results for the three months of the current quarterOperating revenue ¥5,862 million / Operating profit ¥843 million / Ordinary income ¥749 million / Profit attributable to owners of parent for the quarter ¥500 million
Segment resultsSegment Transportation / Operating revenue ¥3,680 million (YoY +1.8%) / Operating profit ¥616 million (YoY -18.2%), Segment Real Estate Business / Operating revenue ¥569 million (YoY +12.9%) / Operating profit ¥225 million (YoY -0.9%), Segment Distribution Business / Operating revenue ¥1,317 million (YoY -0.3%) / Operating profit ¥14 million (YoY -6.7%), Segment Other / Operating revenue ¥617 million (YoY -3.0%) / Operating profit ¥-20 million
Breakdown of Factors Affecting the ChangeFactors Transportation operating revenue / Change in amount ¥65 million, Factors Real Estate operating revenue / Change in amount ¥65 million, Factors Retail operating revenue / Change in amount ¥-4 million, Factors Other operating revenue / Change in amount ¥-19 million, Factors Operating revenue adjustments / Change in amount ¥-27 million, Factors Consolidated operating revenue / Change in amount ¥80 million, Factors Transportation operating income / Change in amount ¥-137 million, Factors Real Estate operating profit / Change in amount ¥-2 million, Factors Retail operating income / Change in amount ¥-1 million, Factors Other operating profit / Change in amount ¥9 million, Factors Operating income adjustments / Change in amount ¥2 million, Factors Consolidated operating income / Change in amount ¥-130 million
Key KPIsIndicator name Railway passenger revenue / Value ¥2,530,345 thousand / Year-on-year (%) ¥0.2 thousand, Indicator name Railway passenger numbers / Value 14,655 thousand customers / Year-on-year (%) 0.1 thousand customers
New initiativesTrial operation of demand-responsive taxis, Acquisition of new rental properties in Funabashi, Chiba Prefecture, Outsourced management and operation of 3 parking facilities from Kobe City, Customer-attraction initiatives, including strengthening the fresh-food offering at food supermarkets and holding regional-product fairs, Customer acquisition for the mobile supermarket “Tokushimaru”
Items this document does not state (20)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress 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 targetsAnnual DividendPayout 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.

In the railway business, personnel expenses and repair costs increased, with the latter driven by higher prices. In the taxi business, personnel expenses increased, while the real estate business incurred temporary costs associated with the acquisition of new properties. By contrast, the bus business reported higher revenue and earnings due to continued sales activities for chartered transport services.

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.
Supplementary Explanatory Materials for the First Quarter Financial Results for the Fiscal Year Ending March 2027 | Kobe Electric Railway Co.,Ltd. (9046) timely disclosure | Komori