TOBU RAILWAY, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 2%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Wed Feb 5, 2025 3:30 pm JST Earnings

9001 TOBU RAILWAY CO.,LTD. 【J-GAAP】

Earnings Report

TOBU RAILWAY CO.,LTD. <9001> [TSE Prime] announced its financial results after the market closed on February 5th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 58.9 billion yen, a 2.3% decrease compared to the same period last year. The progress rate toward the full-year plan of 65 billion yen was 90.7%, also surpassing the five-year average of 83.4%.

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 drop 48.2% from the same period last year to 6.05 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 21.5 billion yen, a 2.5% decrease compared to the same period last year. However, the operating profit margin remained almost flat, changing from 14.1% in the same period last year to 14.1%.

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	447,336	45,461	44,230	28,273	135.5	80.7	Feb 8, 2023	J-GAAP
Apr - Dec, 2023	466,718	61,406	60,335	40,914	197.9	83.8	Feb 7, 2024	J-GAAP
Apr - Dec, 2024	458,477	60,589	58,945	41,832	205.2	90.7	Feb 5, 2025	J-GAAP
YoY	-1.8%	-1.3%	-2.3%	+2.2%	+3.7%

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	327,382	34,796	33,833	21,789	105.4	30	Apr 30, 2024	J-GAAP
Oct - Mar, 2024 Guidance	337,004	29,522	27,626	23,161	116.0	27.50	Nov 6, 2024	J-GAAP
YoY	+2.9%	-15.2%	-18.3%	+6.3%	+10.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	614,751	56,688	54,815	29,179	140.1	30	Apr 28, 2023	J-GAAP
Mar, 2024	635,964	73,883	72,033	48,164	233.0	55	Apr 30, 2024	J-GAAP
Mar, 2025 Guidance	639,000	68,000	65,000	48,500	243.0	55	Nov 6, 2024	J-GAAP
YoY	+0.5%	-8.0%	-9.8%	+0.7%	+4.3%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	158,136	22,319	22,135	14,539	70.3	14.1	Feb 7, 2024	J-GAAP
Jan - Mar, 2024	169,246	12,477	11,698	7,250	35.1	7.4	Apr 30, 2024	J-GAAP
Apr - Jun, 2024	149,914	21,396	21,600	14,891	72.0	14.3	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	152,082	17,082	15,774	10,448	50.8	11.2	Nov 6, 2024	J-GAAP
Oct - Dec, 2024	156,481	22,111	21,571	16,493	80.9	14.1	Feb 5, 2025	J-GAAP
YoY	-1.0%	-0.9%	-2.5%	+13.4%	+15.0%