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East Japan Railway Company surges on 4% operating profit growth forecast and 10 yen dividend increase for fiscal March 2027

Fri May 1, 2026 9:41 am JST Catalyst

East Japan Railway Company <9020> shares jumped in today's session. After the market close on April 30, the company released its consolidated forecast for the fiscal year ending March 2027, projecting a 3.6% rise in operating profit to 429.0 billion yen. Investors also cheered a planned dividend hike, with the annual payout set at 84 yen, up 10 yen from the previous year.

Revenue is projected to rise 6.8% to 3.30 trillion yen. JR East expects growth in its mainstay transportation segment driven by the impact of fare revisions and increased ridership. The retail and services unit is seen benefiting from higher traffic at "Ekinaka" in-station stores and growth in advertising revenue. Additionally, the real estate and hotel business is set for an earnings boost from the full-scale opening of Takanawa Gateway City and the debut of Oimachi Tracks.

Source: MINKABU PRESS

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

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