FY2026 Q2 Supplementary Financial Presentation

Key points for FY2026 Q2

Nishi-Nippon Railroad Co., Ltd. reports in its FY2026 Q2 supplementary financial presentation that while overall it maintains a trend of higher revenue and profit across the group, there are factors weighing on profits in some segments such as declines in real estate sales, a rebound-down in overseas real estate-related income, and inflation-driven demand restraint affecting supermarkets and dining-out. The FY2026 consolidated earnings forecast is revenue of 510 billion yen and EBITDA of 53.9 billion yen. Compared with prior disclosures, upside factors include higher average room rates in the hotel business and increased international logistics handling volumes, while downside factors include a reduction in condominium sales lots and demand restraint from inflation.

Segment trends and outlook

Mobility achieved higher revenue and profit driven by fare revisions and increased passenger numbers for railways. Real estate rental remained stable while property sales declined. Hotels and leisure posted profit increases due to higher average room rates, though leisure faced cost pressures. Distribution and dining-out performed steadily supported by new store contributions and gross margin improvements. Overall, core businesses such as railways, international logistics, and hotels are growing, while property sales, overseas real estate, and construction-related businesses face profitability challenges.