kabutan

West Japan Railway, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 2%, Exceeds Full-Year Plan

Fri Jan 31, 2025 3:30 pm JST Earnings

9021 West Japan Railway Company 【J-GAAP】

Earnings Report

West Japan Railway Company <9021> [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) was 164 billion yen, a 2.0% increase compared to the same period last year. The progress rate toward the full-year plan of 155 billion yen is 105.6%, already exceeding the target and also exceeding the five-year average of 99.6%.

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/loss for the January to March period (4Q) is expected to turn into a loss of 8.75 billion yen (compared to a profit of 6.34 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 4.9% from the same period last year, reaching 65.6 billion yen. The operating profit margin rose from 15.6% in the same period last year to 16.2%.

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 974,845 69,995 59,833 87,372 179.3 81.3 Jan 31, 2023 J-GAAP
Apr - Dec, 2023 1,194,322 172,446 161,033 109,888 225.5 96.2 Jan 31, 2024 J-GAAP
Apr - Dec, 2024 1,245,677 175,344 164,254 114,652 240.8 105.6 Jan 31, 2025 J-GAAP
YoY +4.3% +1.7% +2.0% +4.3% +6.8%

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 865,121 73,456 68,924 31,618 64.9 42.25 Apr 30, 2024 J-GAAP
Oct - Mar, 2024 Guidance 906,614 65,210 56,904 30,289 64.4 37 Nov 1, 2024 J-GAAP
YoY +4.8% -11.2% -17.4% -4.2% -0.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 1,395,531 83,970 73,619 88,528 181.6 62.50 Apr 28, 2023 J-GAAP
Mar, 2024 1,635,023 179,748 167,382 98,761 202.6 71 Apr 30, 2024 J-GAAP
Mar, 2025 Guidance 1,718,000 170,000 155,500 100,000 212.6 74 Nov 1, 2024 J-GAAP
YoY +5.1% -5.4% -7.1% +1.3% +4.9%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 424,420 66,154 62,575 42,745 87.7 15.6 Jan 31, 2024 J-GAAP
Jan - Mar, 2024 440,701 7,302 6,349 -11,127 -22.8 1.7 Apr 30, 2024 J-GAAP
Apr - Jun, 2024 402,780 58,228 55,244 38,272 79.0 14.5 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 408,606 46,562 43,352 31,439 65.7 11.4 Nov 1, 2024 J-GAAP
Oct - Dec, 2024 434,291 70,554 65,658 44,941 94.4 16.2 Jan 31, 2025 J-GAAP
YoY +2.3% +6.7% +4.9% +5.1% +7.6%

Related Articles