【Odakyu Electric Railway】2026 Fiscal Year Results | Sales ¥418.7 billion (YoY -0.9%)

Performance Overview

Odakyu Electric Railway's consolidated financial results for the fiscal year ending March 2026 saw a slight decline with sales reaching ¥418.7 billion (YoY -0.9%), while operating profit increased to ¥52.6 billion (+2.4%). Net income attributable to owners of the parent declined significantly to ¥37.3 billion (-28.1%), impacted by the reversal of gains from the sale of associate companies in the previous year. Segment-wise, the transportation business remained steady, with real estate and lifestyle services generating consistent revenue. The company also provided detailed disclosures on cash flow and capital policy, actively engaging in share buybacks and dividends.

Future Outlook and Impact on Shareholders

For the fiscal year ending March 2027, earnings forecasts predict sales of ¥613 billion (+10.2%), operating profit of ¥5.4 billion (+2.5%), and net income of ¥3.8 billion (+2.5%). Ordinary income is expected to be ¥47.9 billion (-11.3%), with continued growth anticipated in the real estate segment. The company plans to actively pursue share buybacks and dividend increases as part of its capital policy, emphasizing shareholder returns. The management intends to continue prioritizing stable earnings and shareholder return policies.