Central Japan Railway, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 5%, Raises Record High Profit Forecast

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.

Mon Feb 2, 2026 3:30 pm JST Earnings

9022 Central Japan Railway Company 【J-GAAP】

Earnings Report

Central Japan Railway Company <9022> [TSE Prime] announced its financial results after the market closed on February 2nd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 21.4% from the same period last year, reaching 656 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 4.6%, from the previous forecast of 691 billion yen to 723 billion yen (compared to 649 billion yen in the previous period), increasing the growth rate from 6.4% to 11.4%, further surpassing the previous forecast of record-high profits for two consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) has been revised upward 12.1%, from the previous forecast of 265 billion yen to 297 billion yen (compared to 313 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 15.5% to 5.3%.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 12.5% from the same period last year, reaching 231 billion yen. The operating profit margin rose from 44.3% in the same period last year to 45.6%.

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, 2023	1,273,017	502,597	455,115	318,770	324.0	83.2	Jan 30, 2024	J-GAAP
Apr - Dec, 2024	1,368,037	583,929	540,946	376,861	383.0	83.3	Feb 3, 2025	J-GAAP
Apr - Dec, 2025	1,514,152	696,763	656,815	459,232	472.3	90.8	Feb 2, 2026	J-GAAP
YoY	+10.7%	+19.3%	+21.4%	+21.9%	+23.3%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2025 Prev	954,798	291,949	265,333	181,884	189.7	16	Oct 29, 2025	J-GAAP
Oct - Mar, 2025 New	986,798	323,949	297,333	203,884	212.6	16	Feb 2, 2026	J-GAAP
Revision Rate	+3.4%	+11.0%	+12.1%	+12.1%	+12.1%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	1,937,000	746,000	691,000	480,000	500.5	32	Oct 29, 2025	J-GAAP
Mar, 2026 New	1,969,000	778,000	723,000	502,000	523.4	32	Feb 2, 2026	J-GAAP
Revision Rate	+1.7%	+4.3%	+4.6%	+4.6%	+4.6%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024	957,982	337,585	313,827	224,776	228.4	16	Apr 30, 2025	J-GAAP
Oct - Mar, 2025 Guidance	986,798	323,949	297,333	203,884	212.6	16	Feb 2, 2026	J-GAAP
YoY	+3.0%	-4.0%	-5.3%	-9.3%	-6.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	1,710,407	607,381	546,946	384,411	390.7	29	Apr 30, 2024	J-GAAP
Mar, 2025	1,831,847	702,794	649,294	458,423	465.9	31	Apr 30, 2025	J-GAAP
Mar, 2026 Guidance	1,969,000	778,000	723,000	502,000	523.4	32	Feb 2, 2026	J-GAAP
YoY	+7.5%	+10.7%	+11.4%	+9.5%	+12.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2024	494,172	218,720	205,479	143,214	145.5	44.3	Feb 3, 2025	J-GAAP
Jan - Mar, 2025	463,810	118,865	108,348	81,562	82.9	25.6	Apr 30, 2025	J-GAAP
Apr - Jun, 2025	478,283	221,225	207,532	145,211	147.9	46.3	Jul 29, 2025	J-GAAP
Jul - Sep, 2025	503,919	232,826	218,135	152,905	156.5	46.2	Oct 29, 2025	J-GAAP
Oct - Dec, 2025	531,950	242,712	231,148	161,116	165.7	45.6	Feb 2, 2026	J-GAAP
YoY	+7.6%	+11.0%	+12.5%	+12.5%	+13.8%