Tobu Railway (9001) Q4 2026 earnings summary

Executive summary

• Operating revenue rose 3.8% year-over-year to ¥655,435 million for the fiscal year ended March 31, 2026.

• Operating profit decreased 3.7% year-over-year to ¥71,861 million, while ordinary profit fell 5.3% to ¥68,831 million.

• Profit attributable to owners of parent increased 8.4% year-over-year to ¥55,620 million.

• Comprehensive income surged 75.0% year-over-year to ¥84,796 million.

Financial highlights

• Basic earnings per share increased to ¥282.92 from ¥252.99 year-over-year.

• Total assets grew to ¥1,863,562 million from ¥1,753,200 million year-over-year.

• Net assets rose to ¥622,227 million, with an equity ratio of 33.0%.

• Cash flows from operating activities were ¥106,640 million, up from ¥90,072 million year-over-year.

• Cash and cash equivalents at period end increased to ¥44,207 million.

Outlook and guidance

• For the fiscal year ending March 31, 2027, operating revenue is forecast to rise 2.7% to ¥673,000 million.

• Operating profit is projected at ¥72,000 million (up 0.2%), while ordinary profit is expected to decline 7.7% to ¥63,500 million.

• Profit attributable to owners of parent is forecast at ¥56,000 million, with basic EPS of ¥284.85.

• Annual dividend per share is projected to increase to ¥75.00.