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Central Japan Railway Company (9022) investor relations material

Central Japan Railway Company Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary30 Oct, 2025

Executive summary

  • Operating revenues for the six months ended September 30, 2025, rose 12.4% year-over-year to ¥982.2 billion, with operating income up 24.3% to ¥454.1 billion and net income attributable to owners of the parent up 27.6% to ¥298.1 billion.

  • Comprehensive income increased 49.7% year-over-year to ¥334.2 billion.

Financial highlights

  • Ordinary income grew 26.9% year-over-year to ¥425.7 billion.

  • Net income per share (basic) was ¥305.12, up from ¥237.45 in the prior year period.

  • Total assets increased to ¥10.50 trillion from ¥10.32 trillion at the end of March 2025.

  • Net worth ratio improved to 46.3% from 44.6% at the previous fiscal year-end.

Outlook and guidance

  • Fiscal 2026 full-year forecast revised: operating revenues expected at ¥1.94 trillion (+5.7% YoY), operating income at ¥746 billion (+6.1%), net income attributable to owners of the parent at ¥480 billion (+4.7%), and net income per share (basic) at ¥493.58.

  • Dividend forecast for fiscal 2026 raised to ¥32.00 per share.

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Frequently asked questions

Central Japan Railway Company, also known as JR Central, operates and manages one of Japan's key transportation networks. The company provides high-speed rail services, most notably through the Tokaido Shinkansen, which connects major cities such as Tokyo, Nagoya, and Osaka. In addition to high-speed trains, JR Central also operates conventional rail services, bus services, and other related transportation activities. The company focuses on enhancing passenger experience through technological advancements and safety measures. JR Central also engages in real estate development, retail, and various other business ventures related to its transportation operations. The company is headquartered in Nagoya, Japan, and its shares are listed on the Tokyo Stock Exchange (TSE).

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