Komori
Kobe Electric Railway (9046) · FactContinued recovery in third-quarter consolidated results

Third-quarter revenue decline and lower operating income, with higher ordinary and net income

First written in FY2018-Q3. 1 of 7 entries say "Worsened", first in FY2021-Q3. Latest entry: FY2024-Q3.

7entries
7years
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ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2020-Q3WorsenedFY2021-Q3OtherFY2022-Q3 – FY2024-Q32018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 1
Same theme, other companies
Higher Ordinary Profit and Net Profit Despite Lower Revenue and Operating Profit, Followed by RecoveryA theme 24 companies write about · 8 as a headwind · 7 as a tailwind

The whole theme swung hardest in 2020: 3 of 14 companies on the "Worse" side.

8 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 24 companies compared. The sentences above are computed from all 24.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3Continued recovery in third-quarter consolidated resultsAnnual report

    「Operating revenue was ¥16,492 million, up ¥585 million (3.7%) from the year-earlier period; operating profit was ¥1,802 million, up ¥244 million (15.7%); ordinary profit was ¥1,467 million, up ¥226 million (18.2%); and net profit attributable to owners of the parent was ¥1,151 million, up ¥169 million (17.2%).」

    For the nine months ended 31 December, operating revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier levels, and the recovery continued.
  2. FY2023-Q3Continued recovery in third-quarter consolidated resultsAnnual report

    「Operating revenue was ¥15,907 million, up ¥561 million (3.7%) from the year-earlier period; operating profit was ¥1,558 million, up ¥291 million (23.0%); ordinary profit was ¥1,241 million, up ¥281 million (29.3%); and net profit attributable to owners of the parent was ¥982 million, up ¥239 million (32.2%).」

    For the nine months ended 31 December, operating revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier levels, and the recovery continued.
  3. FY2022-Q3Recovery in third-quarter consolidated resultsAnnual report

    「During the period, the Group worked to increase revenue and reduce costs in each business while taking measures to prevent the spread of COVID-19. As a result, operating revenue and ordinary profit for the nine months ended 31 December exceeded the year-earlier levels, although both remained below pre-pandemic levels. Operating revenue was ¥15,346 million (¥15,312 million in the year-earlier period), operating profit was ¥1,267 million (¥877 million), ordinary profit was ¥960 million (¥596 million), and net profit attributable to owners of the parent was ¥743 million (¥439 million).」

    For the nine months ended 31 December, operating revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the year-earlier levels. However, the Company stated that they remained below pre-pandemic levels.
  4. FY2021-Q3WorsenedAnnual report

    「Operating revenue was ¥15,312 million, down 12.3% year on year; operating profit was ¥877 million, down 60.8%; ordinary profit was ¥596 million, down 67.1%; and net profit attributable to owners of the parent was ¥439 million, down 70.6%.」

    For the third quarter of the current consolidated cumulative period, operating revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all fell below the same period of the previous year, resulting in a substantial deterioration in revenue and profit.
  5. FY2020-Q3Changes in the composition of third-quarter consolidated resultsAnnual report

    「Operating revenue was ¥17,468 million, up ¥36 million, or 0.2%, from the same period of the previous year; operating profit was ¥2,240 million, up ¥18 million, or 0.8%; ordinary profit was ¥1,809 million, down ¥49 million, or 2.6%; and net profit attributable to owners of the parent was ¥1,494 million, down ¥15 million, or 1.0%.」

    The composition changed from higher operating revenue, lower operating profit, higher ordinary profit and lower net profit in the same period of the previous year to higher operating revenue and operating profit, but lower ordinary profit and net profit.
  6. FY2019-Q3Changes in the composition of third-quarter consolidated resultsAnnual report

    「Operating revenue was ¥17,432 million, up ¥18 million, or 0.1%, from the same period of the previous year; operating profit was ¥2,222 million, down ¥44 million, or 1.9%; and ordinary profit was ¥1,858 million, up ¥125 million, or 7.2%. However, because damage caused by the torrential rains in July 2018 and other events was recorded as an extraordinary loss, net profit attributable to owners of the parent was ¥1,509 million, down ¥34 million, or 2.2%.」

    For the third quarter of the current consolidated cumulative period, operating revenue and ordinary profit increased, while operating profit and net profit attributable to owners of the parent declined. Extraordinary losses from the torrential rains and other events also contributed to the decline in net profit.
  7. FY2018-Q3First statedAnnual report

    「Operating revenue was ¥17,414 million, down ¥40 million, or 0.2%, from the same period of the previous year; operating profit was ¥2,266 million, down ¥10 million, or 0.4%; ordinary profit was ¥1,733 million, up ¥5 million, or 0.3%; and net profit attributable to owners of the parent was ¥1,543 million, up ¥8 million, or 0.5%.」

    For the third quarter of the current consolidated cumulative period, operating revenue and operating profit were below the same period of the previous year, while ordinary profit and net profit attributable to owners of the parent exceeded the same period of the previous year.
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Kobe Electric Railway's next results are scheduled for 2026-10-29. Read the earnings preview
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