Kyushu Railway, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 10%, Highest in Eight Terms

Kyushu Railway Company <9142> [TSE Prime] announced its financial results after the market closed on November 5th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 41.0 billion yen, an increase 38.7% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 9.7%, from the previous forecast of 65.9 billion yen to 72.3 billion yen (compared to 59.5 billion yen in the previous period), increasing the growth rate from 10.6% to 21.4%, reaches new record high for the first time in eight terms. However, the full-year forecast for consolidated net income has decreased 10.0%, from the previous forecast of 51.1 billion yen to 46.0 billion yen (compared to 43.6 billion yen in the previous period), leading to a reduction in the profit growth rate from 17.0% to 5.4%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 4.3% from the same period last year, reaching 31.2 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 42.6% from the same period last year, reaching 20.5 billion yen. The operating profit margin rose from 14.2% in the same period last year to 17.4%.

Kabutan News