Central Japan Railway shares fall sharply as fiscal 2027 forecast shows decline in revenue and profit after Expo effect fades

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Thu Apr 30, 2026 11:13 am JST Catalyst

Central Japan Railway Company <9022> plunged sharply, hitting a year-to-date low. The market reacted negatively to the company's consolidated earnings forecast for the fiscal year ending March 2027, announced after trading closed on the 28th, which projected revenue of 1,993,000,000,000 yen (down 0.7% year-on-year), operating profit of 702,000,000,000 yen (down 15.4%), and net profit of 447,000,000,000 yen (down 19.1%), indicating a double-digit decline in profit.

In the transportation segment, the revenue boost from the Osaka-Kansai Expo will no longer be present, while rising labor costs and other expenses will weigh on profits. For the fiscal year ended March 2026, the company reported revenue of 2,006,200,000,000 yen (up 9.5% year-on-year), operating profit of 830,167,000,000 yen (up 18.1%), and net profit of 552,871,000,000 yen (up 20.6%).

At the same time, Central Japan Railway announced a share buyback program with an upper limit of 6,500,000 shares (0.68% of issued shares excluding treasury stock) or 20,000,000,000 yen. The acquisition period will run from May 1st to July 31st, and all acquired shares will be canceled on August 31st.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.