Keihan Holdings Financial Summary Supplementary Material｜May 12, 2026

Performance Overview

Keihan Holdings recorded net sales of 18,925 million yen and net income of 4,693 million yen for the fiscal year ending March 2026, achieving increases in both revenue and profit compared to the same period last year. Major factors contributing to profit growth include business land sales and hotel sales in the real estate segment, as well as the Expo effect and fare revisions in the transportation segment. Both the real estate and transportation segments performed particularly well, supporting a stable overall revenue structure. Although revenue is expected to decline in the fiscal year ending March 2027, the company plans to continue paying an annual dividend of 86 yen and maintain shareholder returns.

Outlook and Impact on Shareholders

For the fiscal year ending March 2027, earnings are projected to decrease by approximately 3.2% to 321.8 billion yen in net sales and by about 18.8% to 26.6 billion yen in net income. This decline is expected to be influenced by the post-Expo effect in Osaka/Kansai and a rebound in real estate sales. The company intends to maintain the annual dividend of 86 yen and aims for a payout ratio of approximately 30%. As part of its capital policy, the company will continue share buybacks and prioritize shareholder returns. With a solid financial foundation, stable dividends and shareholder returns are expected to continue.