TOKYU, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 2%, Raises Record High Profit Forecast, Dividend Revised Upward by 2 Yen

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.

Tue Feb 10, 2026 3:30 pm JST Earnings

9005 TOKYU CORPORATION 【J-GAAP】

Earnings Report

TOKYU CORPORATION <9005> [TSE Prime] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) was 99.1 billion yen, a 2.4% increase compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 1.9%, from the previous forecast of 115 billion yen to 117 billion yen (compared to 107 billion yen in the previous period), increasing the growth rate from 7.1% to 9.2%, further surpassing the previous forecast of record-high profits for three 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) is expected to increase 4.9%, from the previous forecast of 45.2 billion yen to 47.4 billion yen (compared to 41.2 billion yen in the same period of the previous year), increasing the growth rate from 9.6% to 14.9%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 28 yen to 30 yen (compared to 24 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 29.0 billion yen, a 4.5% decrease compared to the same period last year. However, the operating profit margin rose from 10.9% in the same period last year to 11.0%.

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	728,901	69,261	72,696	50,046	82.9	73.2	Feb 9, 2024	J-GAAP
Apr - Dec, 2024	785,730	93,603	96,836	68,524	115.0	89.9	Feb 13, 2025	J-GAAP
Apr - Dec, 2025	784,614	88,220	99,194	74,250	129.7	84.3	Feb 10, 2026	J-GAAP
YoY	-0.1%	-5.8%	+2.4%	+8.4%	+12.8%

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	566,014	45,120	45,254	27,764	48.6	14	Nov 11, 2025	J-GAAP
Oct - Mar, 2025 New	569,014	47,120	47,454	27,764	48.6	16	Feb 10, 2026	J-GAAP
Revision Rate	+0.5%	+4.4%	+4.9%	0.0%	0.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2026 Prev	1,085,000	104,000	115,400	84,000	147.2	28	Nov 11, 2025	J-GAAP
Mar, 2026 New	1,088,000	106,000	117,600	84,000	147.2	30	Feb 10, 2026	J-GAAP
Revision Rate	+0.3%	+1.9%	+1.9%	0.0%	0.0%

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	529,747	38,150	41,294	30,211	51.1	13	May 14, 2025	J-GAAP
Oct - Mar, 2025 Guidance	569,014	47,120	47,454	27,764	48.6	16	Feb 10, 2026	J-GAAP
YoY	+7.4%	+23.5%	+14.9%	-8.1%	-4.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2024	1,037,819	94,905	99,292	63,935	106.1	17.50	May 13, 2024	J-GAAP
Mar, 2025	1,054,981	103,485	107,724	79,677	134.8	24	May 14, 2025	J-GAAP
Mar, 2026 Guidance	1,088,000	106,000	117,600	84,000	147.2	30	Feb 10, 2026	J-GAAP
YoY	+3.1%	+2.4%	+9.2%	+5.4%	+9.2%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2024	260,496	28,268	30,406	19,058	32.0	10.9	Feb 13, 2025	J-GAAP
Jan - Mar, 2025	269,251	9,882	10,888	11,153	18.9	3.7	May 14, 2025	J-GAAP
Apr - Jun, 2025	261,358	32,306	35,583	25,291	44.0	12.4	Aug 7, 2025	J-GAAP
Jul - Sep, 2025	257,628	26,574	34,563	30,945	54.0	10.3	Nov 11, 2025	J-GAAP
Oct - Dec, 2025	265,628	29,340	29,048	18,014	31.5	11.0	Feb 10, 2026	J-GAAP
YoY	+2.0%	+3.8%	-4.5%	-5.5%	-1.6%