Central Japan Railway Company [9022.T]
TOKYO, Apr 24 (Pulse News Wire) – Central Japan Railway Company (9022.T) disclosed today that its subsidiary, Nippon Sharyo Co., Ltd., reported significant differences between forecasted and actual results for the fiscal year ending March 31, 2026. Nippon Sharyo’s consolidated sales revenue was reported at 99,971 million yen, exceeding the previous forecast of 98,000 million yen.
Operating profit increased by 41.6%, reaching 11,615 million yen compared to the earlier estimate of 8,200 million yen. Similarly, ordinary profit saw a rise of 39.4%, totaling 11,970 million yen against the projected 8,584 million yen. Net income attributable to shareholders also surpassed expectations, rising to 808.18 million yen from the previously stated 554.41 million yen.
The discrepancies stem from stronger-than-expected performance across various businesses, improved product mix, and successful initiatives aimed at enhancing quality, reducing costs, and improving operational efficiency. Management remains committed to further advancing these efforts to bolster overall profitability and strengthen the company’s operational capabilities. This development is expected to have a minor impact on Central Japan Railway’s consolidated earnings.
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