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Tokyo Metro, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 2%, Oct-Dec Ordinary Profit Decreases by 4%
9023 Tokyo Metro Co.,Ltd. 【J-GAAP】
Earnings ReportTokyo Metro Co.,Ltd. <9023> [TSE Prime] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 68.0 billion yen, a 1.8% decrease compared to the same period last year. Progress toward the full-year plan of 77.4 billion yen was 87.9%, below the same period of the previous year of 90.0%.
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 grow 21.7% from the same period last year, reaching 9.35 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 23.6 billion yen, a 4.5% decrease compared to the same period last year. The operating profit margin decreased from 26.6% in the same period last year to 24.9%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2024 | 306,106 | 77,705 | 69,320 | 41,972 | 72.2 | 90.0 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 316,805 | 76,545 | 68,041 | 51,372 | 88.5 | 87.9 | Jan 30, 2026 | J-GAAP |
| YoY | +3.5% | -1.5% | -1.8% | +22.4% | +22.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 205,463 | 36,882 | 32,483 | 23,049 | 39.7 | 40 | Apr 28, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 210,123 | 38,676 | 33,050 | 23,284 | 40.1 | 21 | Oct 31, 2025 | J-GAAP |
| YoY | +2.3% | +4.9% | +1.7% | +1.0% | +1.1% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 407,832 | 86,942 | 77,008 | 53,748 | 92.5 | 40 | Apr 28, 2025 | J-GAAP |
| Mar, 2026 Guidance | 420,600 | 88,700 | 77,400 | 58,200 | 100.2 | 42 | Apr 28, 2025 | J-GAAP |
| YoY | +3.1% | +2.0% | +0.5% | +8.3% | +8.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 103,737 | 27,645 | 24,795 | 11,273 | 19.4 | 26.6 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 101,726 | 9,237 | 7,688 | 11,776 | 20.3 | 9.1 | Apr 28, 2025 | J-GAAP |
| Apr - Jun, 2025 | 106,101 | 28,898 | 26,000 | 22,315 | 38.4 | 27.2 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 104,376 | 21,126 | 18,350 | 12,601 | 21.7 | 20.2 | Oct 31, 2025 | J-GAAP |
| Oct - Dec, 2025 | 106,328 | 26,521 | 23,691 | 16,456 | 28.3 | 24.9 | Jan 30, 2026 | J-GAAP |
| YoY | +2.5% | -4.1% | -4.5% | +46.0% | +46.1% |
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