)
East Japan Railway Company (9020) investor relations material
East Japan Railway Company Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY2027 operating revenue rose 8.4% YoY to ¥1,585.4bn; operating income increased 13.6% to ¥262.9bn and parent-attributable profit rose 3.2% to ¥152.0bn.
Strong rail usage and fare revisions supported results; full-year FY2027 forecasts were raised across revenue and income measures.
Priorities include safety, sustainable mobility, real estate growth, digital services, and stronger governance and information security.
Financial highlights
H1 ordinary income rose 15.7% to ¥230.1bn; EBITDA increased 10.3% to ¥481.9bn.
Revenue rose ¥122.2bn YoY and expenses increased ¥90.8bn, lifting income by ¥31.4bn.
Non-operating expenses increased ¥4.5bn YoY, mainly on higher interest expense; extraordinary gains declined and losses increased.
Passenger revenue gains included ¥21bn from non-commuter Shinkansen and ¥17bn from non-commuter conventional-line fares; fare revisions contributed an estimated ¥43.5bn.
Outlook and guidance
FY2027 forecasts: revenue ¥3,358.0bn, operating income ¥450.0bn, ordinary income ¥378.0bn and parent-attributable profit ¥265.0bn.
Forecasts were raised from April by ¥63.0bn for revenue, ¥21.0bn for operating income, ¥25.0bn for ordinary income and ¥10.0bn for parent-attributable profit.
Annual dividend forecast rose to ¥88 per share, including ¥44 interim and ¥44 year-end; payout ratio forecast is 37.5%, progressing toward a 40% target.
FY2032 goals include ~¥4.3tn revenue, ~¥750bn operating income, ROA of at least 5%, ROE of at least 10%, and net interest-bearing debt/EBITDA of ~5x.
FY2031 targets include at least ¥1.4tn in real estate asset management scale, ¥10bn Smart Logistics revenue and more than 70m Suica holders.
- Record Q1 revenues of ¥772.7 billion, but net profit fell 13.6% on lower investment gains.9020
Q1 2027 - Record revenues and profits, with continued growth, major investments, and a real estate merger planned.9020
Q4 2026 - Revenue and profit rose on strong transportation and retail demand; outlook unchanged.9020
Q3 2026 - Revenue and profit grew year-over-year, with upward revisions to full-year forecasts and dividends.9020
Q2 2026 - Revenue up 4.2% year-over-year; net profit rose on securities gains despite lower operating income.9020
Q1 2026 - Revenue and profit growth sustained, with robust segment results and major projects progressing.9020
Q2 2025 - Strong double-digit profit growth and robust segment gains, with guidance unchanged.9020
Q1 2025 - FY2025 saw 5.8% revenue and 14.2% profit growth; FY2026 targets record results.9020
Q4 2025 - Revenue and profit surged across all segments, with robust outlook and ongoing growth projects.9020
Q3 2025
Next East Japan Railway Company earnings date
Next East Japan Railway Company earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)