West Japan Railway Company [9021.T]
TOKYO, May 01 (Pulse News Wire) – West Japan Railway Company (9021.T) reported its fifth consecutive year of increased revenue and profits, achieving record earnings for the fiscal year ending March 2026. The company attributed the strong performance to the Expo effect and contributions from city development projects.
For the fiscal year ended March 2026, operating profit reached 850 billion yen, while net income was 1,139 billion yen. The company plans to increase the annual dividend per share to ¥97.50, up from the previous year. However, due to anticipated negative impacts such as post-Expo effects and Middle East geopolitical influences, West Japan Railway forecasts a decline in operating profit for the next fiscal year.
In addition, the company emphasized a focus on stable dividends and adjusted its shareholder return policy during the new mid-term plan period to around DOE3.5%. The planned dividend payout ratio remains unchanged at ¥97.50 per share for the upcoming fiscal year. Looking ahead, the company highlighted key initiatives including digital transformation efforts, expansion of life design fields, and strategic investments in mobility, infrastructure solutions, and real estate sectors.
Notable projects include the launch of Apple Pay's ICOCA service, the completion of the Osaka Station Hotel, and the continued growth of flagship shopping centers like LUCUA.
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