Tobu Railway (9001) investor relations material

Executive summary

• Operating revenue for the three months ended June 30, 2026, rose 5.2% year-over-year to ¥156,292 million, surpassing both previous year and initial plan targets.

• Operating profit increased 10.6% year-over-year to ¥21,017 million, and ordinary profit grew 9.5% to ¥20,712 million, driven by strong performance in Railway, Travel, Hotel, Leasing, and Department Store businesses.

• Profit attributable to owners of parent was ¥14,193 million, up 1.5% year-over-year and ¥1.3 billion above plan.

• Comprehensive income for the quarter reached ¥18,978 million, a 6.8% increase year-over-year.

Financial highlights

• Operating revenue rose to ¥156.2 billion, up ¥7.6 billion year-over-year and ¥0.4 billion above plan.

• Basic earnings per share for the quarter were ¥72.59, compared to ¥70.40 in the prior year.

• Total assets as of June 30, 2026, were ¥1,852,176 million, with net assets at ¥633,865 million and an equity ratio of 33.9%.

• Operating expenses increased to ¥135,274 million from ¥129,609 million year-over-year.

• Extraordinary income for the quarter was ¥490 million, while extraordinary losses totaled ¥367 million.

Outlook and guidance

• Full-year operating revenue forecast for the fiscal year ending March 31, 2027, is ¥673,000 million, up 2.7% year-over-year.

• Operating profit is projected at ¥72,000 million (up 0.2%), and profit attributable to owners of parent at ¥56,000 million (up 0.7%).

• Annual dividend per share forecast is ¥75.00, up from ¥70.00 in the previous year.

• Performance exceeded initial plan, especially in Railway, Hotel, Leasing, and Department Store businesses.

• Future results may differ from projections due to changes in the business environment and other factors.