Nagoya Railroad Co., Ltd. Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Summary of Results

For the second quarter of the fiscal year ending March 2027, Nagoya Railroad Co., Ltd. reported revenue of 327,097 million yen, operating income of 21,958 million yen, ordinary income of 25,458 million yen, and net income attributable to owners of parent of 23,524 million yen. Compared with the same period last year, operating income increased, and ordinary income and interim net income also improved significantly. Comprehensive income for the interim period was 37,182 million yen, of which comprehensive income attributable to owners of parent was 36,921 million yen and comprehensive income attributable to non-controlling interests was 260 million yen. There has been no change to the beginning-of-period forecast. The full-year forecasts are operating revenues of 734,000 million yen, operating income of 45,000 million yen, ordinary income of 47,000 million yen, net income attributable to owners of parent of 39,000 million yen, and earnings per share of 198.85 yen.

Impact on Shareholders and Outlook

There is no change to the most recently announced dividend forecast. The interim dividend payment start date is indicated as "—", and the dividend forecast for fiscal 2027 remains 60 yen. Segment reporting was reorganized from the beginning of the fiscal year ending March 2027; reporting segments were restructured while remaining five segments (see segment note in the financial summary for details). Interim results were solid and may lead to an upward variance relative to the full-year forecast; however, foreign exchange, fuel costs, and demand trends remain factors to monitor.