Keisei Electric Railway Reports Higher Revenue but Lower Profits for FY2026

TOKYO, May 08 (Pulse News Wire) – Keisei Electric Railway CO.,LTD. (9009.T) reported higher revenue but lower profits for the fiscal year ended March 31, 2026.

Operating revenue increased to ¥430.1 billion compared to the previous year, while operating profit was ¥25.74 billion. The company attributed the decrease in profitability to rising personnel costs and one-time expenses related to business restructuring. For the next fiscal year ending March 31, 2027, Keisei expects revenue growth driven by increased transportation services at Narita Airport and higher real estate sales. However, operating profit is forecast to decline due to anticipated increases in labor, electricity, and fuel costs.

The company plans to distribute an interim dividend of ¥9 per share and a final dividend of ¥12 per share, totaling ¥21 per share for the fiscal year 2026. Looking ahead, Keisei anticipates distributing a total annual dividend of ¥27 per share for the fiscal year 2027, comprising an interim dividend of ¥11 and a final dividend of ¥16. Keisei also noted that its capital adequacy ratio improved to 5.2%, up from 5.7% last year. The firm's cash flow from operations reached ¥414.5 billion, marking a ¥3 million increase from the prior fiscal year.

On May 20, 2026, Keisei will hold an investor briefing aimed at institutional investors and analysts to further discuss these results and future outlook.