Fiscal Year Ending March 2026 Financial Results Briefing

Performance Overview

For the fiscal year ending March 2026, operating revenue reached 500.3 billion yen, operating income was 74.0 billion yen, and net income attributable to owners of the parent amounted to 45.4 billion yen, all exceeding the previous year's results. The increase was driven by growth in railway transportation income and real estate sales revenue. EBITDA also increased to 112.6 billion yen, surpassing the previous year. The equity ratio remains stable at 40.4%, indicating a solid financial foundation.

2027 Fiscal Year Guidance and Mid-term Management Plan Update

The full-year forecast for March 2027 projects operating revenue of 564.0 billion yen, operating income of 81.0 billion yen, and an ROE of around 10%. The target for railway transportation income has been upwardly revised to 178.0 billion yen, reflecting revenue increases after fare revisions. While maintaining the core policy of the 2025-2027 Mid-term Management Plan, revenue targets have been adjusted upward. The shareholder return policy includes continued profit growth-driven dividends, maintaining a consolidated dividend payout ratio of 35% or more, along with flexible share buybacks.