Worth reading
73In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-11626
Millions of yen (year-on-year change in operating revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥156,875 million-6.9%
Operating profit¥8,888 million-4.2%
Ordinary income¥12,467 million+16.0%
Net income¥12,579 million+86.7%
Full-year earnings forecast
Operating revenue
¥734,000 million
Operating profit
¥45,000 million
Ordinary income
¥47,000 million
Profit attributable to owners of the parent
¥39,000 million
EBITDA
¥96,400 million
Capital expenditures
¥122,500 million
Depreciation and amortization
¥51,400 million
Net interest-bearing debt
¥650,000 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating revenue
Real estate-10,311
Leisure and lifestyle services-3,136
Transportation-935
Aviation, information and technical services1,285
Transportation1,526
Operating profit
Real estate-2,435
Aviation, information and technical services-487
Transportation-196
Leisure and lifestyle services573
Transportation2,127
Ordinary income
Non-operating income2,766
Non-Operating Expenses658
Extraordinary income
Contributions received for construction, etc.560
Gain on negative goodwill362
Extraordinary loss
Loss on Disposal of Fixed Assets691
Reduction in acquisition cost from construction contributions, etc.550
Provision for store closure losses-1,271
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials state that the forecasts are based on certain assumptions deemed reasonable, but the figures are not disclosedNew initiatives
- Newly established 名鉄交通第五
- Changed part of the segment classifications and names from April 2026
- Transferred an international freight subsidiary
Key KPIsA metric the company considers important as a management benchmark.
- Rail and tram passenger numbers (all lines)98,395 thousand customersYear-on-year (%)1.6
- Rail and tram passenger numbers (Airport Line, non-commuter passengers)2,143 thousand customersYear-on-year (%)-4.7
- Condominium handovers74 unitsYear-on-year (%)-64.4
- Number of parking spaces owned94,574 UnitsYear-on-year (%)4
- Number of parking facilities owned4,096 LocationsYear-on-year (%)4.2
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Hotel occupancy rateDisplayed in graph
- Average hotel room rateDisplayed in graph
Segment results
Transportation Business
Operating revenue
¥45,825 million+3.4%
Operating profit
¥6,588 million-2.9%
Transportation Business
Operating revenue
¥41,695 million-2.2%
Operating profit
¥-791 million
Real Estate Business
Operating revenue
¥20,766 million-33.2%
Operating profit
¥1,889 million-56.3%
Leisure and lifestyle services business
Operating revenue
¥46,138 million-6.4%
Operating profit
¥1,121 million+104.8%
Aviation, information and technical services business
Operating revenue
¥15,342 million+9.1%
Operating profit
¥126 million-79.4%
Capital expenditures
¥122,500 million
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥156,875 million (YoY -6.9%) |
| Operating profit | ¥8,888 million (YoY -4.2%) |
| Ordinary income | ¥12,467 million (YoY +16.0%) |
| Net income | ¥12,579 million (YoY +86.7%) |
| Full-year earnings forecast | Operating revenue ¥734,000 million / Operating profit ¥45,000 million / Ordinary income ¥47,000 million / Profit attributable to owners of the parent ¥39,000 million / EBITDA ¥96,400 million / Capital expenditures ¥122,500 million / Depreciation and amortization ¥51,400 million / Net interest-bearing debt ¥650,000 million |
| Segment results | Transportation Business Operating revenue ¥45,825 million (YoY +3.4%) / Operating profit ¥6,588 million (YoY -2.9%) / Transportation Business Operating revenue ¥41,695 million (YoY -2.2%) / Operating profit ¥-791 million / Real Estate Business Operating revenue ¥20,766 million (YoY -33.2%) / Operating profit ¥1,889 million (YoY -56.3%) / Leisure and lifestyle services business Operating revenue ¥46,138 million (YoY -6.4%) / Operating profit ¥1,121 million (YoY +104.8%) / Aviation, information and technical services business Operating revenue ¥15,342 million (YoY +9.1%) / Operating profit ¥126 million (YoY -79.4%) |
| Breakdown of Factors Affecting the Change | Operating revenue Real estate -10,311 / Leisure and lifestyle services -3,136 / Transportation -935 / Aviation, information and technical services 1,285 / Transportation 1,526 / Operating profit Real estate -2,435 / Aviation, information and technical services -487 / Transportation -196 / Leisure and lifestyle services 573 / Transportation 2,127 / Ordinary income Non-operating income 2,766 / Non-Operating Expenses 658 / Extraordinary income Contributions received for construction, etc. 560 / Gain on negative goodwill 362 / Extraordinary loss Loss on Disposal of Fixed Assets 691 / Reduction in acquisition cost from construction contributions, etc. 550 / Provision for store closure losses -1,271 |
| Key KPIs | Indicator name Rail and tram passenger numbers (all lines) / Value 98,395 thousand customers / Year-on-year (%) 1.6 thousand customers, Indicator name Rail and tram passenger numbers (Airport Line, non-commuter passengers) / Value 2,143 thousand customers / Year-on-year (%) -4.7 thousand customers, Indicator name Condominium handovers / Value 74 units / Year-on-year (%) -64.4 units, Indicator name Number of parking spaces owned / Value 94,574 Units / Year-on-year (%) 4 Units, Indicator name Number of parking facilities owned / Value 4,096 Locations / Year-on-year (%) 4.2 Locations |
| Unit price and quantity metrics | Indicator name Hotel occupancy rate / Value Displayed in graph, Indicator name Average hotel room rate / Value Displayed in graph |
| Assumptions Underlying the Business Outlook | The materials state that the forecasts are based on certain assumptions deemed reasonable, but the figures are not disclosed |
| Capital expenditures | ¥122,500 million |
| New initiatives | Newly established 名鉄交通第五, Changed part of the segment classifications and names from April 2026, Transferred an international freight subsidiary |
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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 declined due to a decrease in the number of condominium units delivered and the loss of revenue following the closure of the Meitetsu Department Store main store in the previous fiscal year. Operating profit declined due to lower revenue, while ordinary profit increased as non-operating income and expenses improved, mainly due to higher equity-method investment gains. Net income increased due to higher ordinary profit, as well as improvements in extraordinary income and expenses and a decrease in income taxes and other taxes.
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.