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keio (9008) investor relations material
keio Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for FY2026 1Q rose 8.3% year-over-year to ¥123.1 billion, driven by property sales in Real Estate and increased passenger volumes in Railways.
Operating profit declined 2.9% year-over-year to ¥16.1 billion, mainly due to higher depreciation in Railways.
Profit attributable to owners of parent was ¥11.7 billion, down 2.2% year-over-year.
Comprehensive income increased 28.9% year-over-year to ¥17,276 million, driven by gains in valuation of available-for-sale securities.
Results were broadly in line with plan, with Hotels and Real Estate outperforming expectations.
Financial highlights
Operating revenue: ¥123.1 billion (up 8.3% YoY).
Operating profit: ¥16.1 billion (down 2.9% YoY).
EBITDA: ¥25.7 billion (up 3.1% YoY).
Depreciation and amortization: ¥9.5 billion (up 15.2% YoY).
Basic earnings per share for the quarter was ¥20.23, post 5-for-1 stock split.
Outlook and guidance
FY2026 full-year revenue forecast maintained at ¥504.0 billion, a record high, up 1.4% YoY.
Operating profit forecast at ¥51.0 billion, down 2.5% YoY, due to higher depreciation and asset retirement obligations.
Profit attributable to owners of parent expected at ¥43.0 billion.
Annual dividend scheduled at ¥22.0 per share (pre-split) and ¥11.00 per share post stock split.
Full-year basic earnings per share forecast is ¥74.28.
- Record revenues driven by real estate and construction, but profit fell amid higher investments.9008
Q4 2026 - Revenue up 7.6% YoY, profit down 15.0%, segment structure revised, dividend stable.9008
Q3 2026 - Revenue up 7.7% YoY to ¥230.6B; profit down, with dividend, buyback, and stock split planned.9008
Q2 2026 - Revenue up 8.6% year-over-year, but profit declined due to rising costs and lower extraordinary income.9008
Q1 2026 - Q1 delivered robust growth, beating targets as restructuring aims to boost future efficiency.9008
Q1 2025 - Strong growth led to raised guidance, higher dividends, and major restructuring.9008
Q2 2025 - Record profit growth, but next year's profit is forecast to decline on rising costs.9008
Q4 2025 - Double-digit profit growth, restructuring, and share buybacks highlight strong results.9008
Q3 2025
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