Hankyu Hanshin Holdings (9042) Q1 2025 earnings summary

Executive summary

• Operating revenue rose 6.7% year-over-year to ¥261.9 billion, with operating profit up 0.9% to ¥34.1 billion, driven by strong performances in Urban Transportation and Real Estate, but offset by declines in Travel and International Transportation segments.

• Ordinary profit increased 15.4% year-over-year to ¥42.5 billion, and profit attributable to owners of parent surged 37.3% to ¥34.5 billion.

• Comprehensive income attributable to owners of parent reached ¥37,817 million, up from ¥31,971 million a year earlier.

Financial highlights

• Operating revenue: ¥261.9 billion (+6.7% YoY); operating profit: ¥34.1 billion (+0.9% YoY).

• Ordinary profit: ¥42.5 billion (+15.4% YoY); profit attributable to owners of parent: ¥34.5 billion (+37.3% YoY).

• Earnings per share for the quarter were ¥143.57, up from ¥104.25 year-over-year.

• Depreciation expense: ¥15.5 billion; interest-bearing debt increased to ¥1,201.5 billion.

• Dividend forecast for the year ending March 31, 2025, is ¥60.00 per share, up from ¥55.00 in the previous year.

Outlook and guidance

• Full-year operating revenue is forecast at ¥1,075,000 million, up 7.8% year-over-year.

• Operating profit is projected at ¥105,800 million, ordinary profit at ¥103,000 million, and profit attributable to owners of parent at ¥70,000 million.

• Full-year EPS is expected to reach ¥292.92.