Nishi-Nippon Railroad announced its results after market close on 6 November. Cumulative consolidated ordinary profit for the second quarter of the fiscal year ending March 2027 rose 5.1% year on year to ¥15.1 billion, and full-year ordinary profit was revised upward by 6.1% to ¥26 billion. The second-half outlook is estimated at ¥10.8 billion.
Nishi-Nippon Railroad announced its results after market close on 6 November. Cumulative consolidated ordinary profit for the second quarter of the fiscal year ending March 2027 (April-September) rose 5.1% year on year to ¥15.1 billion, reversing the previous forecast of a substantial decline and ending with an increase.
At the same time, the full-year ordinary profit forecast was revised upward by 6.1% from the previous forecast of ¥24.5 billion to ¥26 billion. The expected decline is set to narrow from 34.2% under the previous outlook to 30.1%.
Based on first-half results and the second-half plan, our estimate is that consolidated ordinary profit for October-March (the second half) will fall 52.3% year on year to ¥10.8 billion. In the latest three months of the fiscal year ending March, consolidated ordinary profit for July-September was ¥7.47 billion, down 19.6% year on year, while the operating margin deteriorated from 7.7% to 6.7%.