West Japan Railway Company [9021.T]
TOKYO, Apr 30 (Pulse News Wire) – West Japan Railway Company (9021.T) reported fifth consecutive year-over-year growth in revenue and profit for the fiscal year ending March 2026. Operating revenue reached ¥18,458 billion, up 108.1%, driven by increased transportation revenues and contributions from urban development projects.
Net profit attributable to parent shareholders was ¥1,139 billion, marking a 111.9% increase compared to the previous year. The company attributed its strong performance to the Osaka-Kansai Expo's impact and steady post-expo demand. However, it forecast a more cautious outlook for the next fiscal year due to anticipated economic headwinds and inflationary pressures.
Projected operating income for FY2026 is set at ¥18,290 billion, representing a slight decline from the current year’s record high. In addition, West Japan Railway plans to enhance safety and sustainability within its mobility sector as part of its newly unveiled mid-term strategy for 2030. The firm also announced an annual dividend payout of ¥52.5 per share for fiscal 2025, a 7-yen increase from the prior year.
For FY2026, the projected dividend stands at ¥50 per share.
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