Hankyu Hanshin Holdings (9042) investor relations material

Executive summary

• Revenue and profit rose year-over-year, driven by strong condominium sales in Real Estate, increased demand in Urban Transportation and Hotels from Expo 2025 Osaka, and robust Sports business following the Hanshin Tigers' championship.

• Operating revenues rose 8.7% year-over-year to ¥1,203,506 million for the fiscal year ended March 31, 2026.

• Operating profit increased 14.7% year-over-year to ¥127,136 million, and profit attributable to owners of parent grew 16.5% to ¥78,538 million.

• Comprehensive income reached ¥96,330 million, up from ¥84,938 million in the previous year.

• FY2026 business profit exceeded initial forecasts, supporting progress toward the FY2031 profit target.

Financial highlights

• Operating revenue for FY2026 reached ¥1,203.5 billion, up from ¥1,106.9 billion in FY2025.

• Business profit for FY2026 was ¥128.6 billion, a significant increase from ¥112.1 billion in FY2025.

• Ordinary profit was ¥124,548 million, up 12.0% year-over-year.

• Basic earnings per share increased to ¥330.42 from ¥281.77 year-over-year.

• Cash and cash equivalents at year-end were ¥69,573 million, up from ¥56,014 million.

Outlook and guidance

• FY2027 revenue is forecast to rise to ¥1,265.0 billion, but business profit is expected to decrease to ¥124.0 billion due to the non-recurrence of special demand and Middle East impacts.

• Operating profit is projected to decrease 4.3% to ¥121,700 million, and ordinary profit to fall 8.5% to ¥114,000 million.

• Profit attributable to owners of parent is projected to increase in FY2027, aided by gains from asset sales and reversal of prior extraordinary losses.

• Basic earnings per share forecast is ¥340.04.

• Long-term plan targets business profit of ¥160 billion and ROE of 8% by FY2031, with growth initiatives in Real Estate, Urban Transportation, and Sports.