kabutan

Keisei Electric Railway, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 16%, Oct-Dec Ordinary Profit Increases by 15%

Fri Jan 31, 2025 3:30 pm JST Earnings

9009 Keisei Electric Railway Co.,Ltd. 【J-GAAP】

Earnings Report

Keisei Electric Railway Co.,Ltd. <9009> [TSE Prime] announced its financial results after the market closed on January 31st (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 15.6% from the same period last year, reaching 52.7 billion yen. The progress rate toward the full-year plan of 58.1 billion yen was 90.7%, almost the same as the five-year average of 89.9%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 10.1% from the same period last year to 5.39 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 14.9% from the same period last year, reaching 21.1 billion yen. The operating profit margin rose from 11.5% in the same period last year to 13.5%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 185,718 8,480 20,322 23,017 46.2 75.9 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 222,614 23,867 45,590 35,989 71.6 88.4 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 238,187 32,882 52,704 60,680 124.4 90.7 Jan 31, 2025 J-GAAP
YoY +7.0% +37.8% +15.6% +68.6% +73.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 148,560 9,991 24,443 66,565 132.8 8.67 Apr 26, 2024 J-GAAP
Oct - Mar, 2024 Guidance 179,567 11,621 26,582 44,604 92.5 11 Nov 29, 2024 J-GAAP
YoY +20.9% +16.3% +8.8% -33.0% -30.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 252,338 10,228 26,764 26,929 53.9 6.67 Apr 28, 2023 J-GAAP
Mar, 2024 296,509 25,241 51,591 87,657 174.9 13 Apr 26, 2024 J-GAAP
Mar, 2025 Guidance 337,600 33,700 58,100 66,100 137.1 17 Nov 29, 2024 J-GAAP
YoY +13.9% +33.5% +12.6% -24.6% -21.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 74,665 8,617 18,442 14,897 29.7 11.5 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 73,895 1,374 6,001 51,668 103.1 1.9 Apr 26, 2024 J-GAAP
Apr - Jun, 2024 80,297 12,584 17,755 13,317 27.3 15.7 Jul 31, 2024 J-GAAP
Jul - Sep, 2024 77,736 9,495 13,763 8,179 16.8 12.2 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 80,154 10,803 21,186 39,184 80.3 13.5 Jan 31, 2025 J-GAAP
YoY +7.4% +25.4% +14.9% +163.0% +170.9%

Related Articles