Tobu Railway (9001) Q1 2026 earnings summary

Executive summary

• Operating revenue for the three months ended June 30, 2025, was ¥148,613 million, down 0.9% year-over-year.

• Operating profit decreased 11.2% to ¥19,003 million compared to the same quarter last year.

• Profit attributable to owners of parent fell 6.1% year-over-year to ¥13,989 million.

• Comprehensive income rose 2.6% year-over-year to ¥17,768 million.

Financial highlights

• Total assets as of June 30, 2025, were ¥1,747,083 million, slightly down from March 31, 2025.

• Net assets increased to ¥565,564 million, with an equity ratio of 32.0%.

• Basic earnings per share for the quarter were ¥70.40, down from ¥72.04 year-over-year.

• Retained earnings rose to ¥322,230 million as of June 30, 2025.

Outlook and guidance

• Full-year operating revenue forecast for fiscal year ending March 31, 2026, is ¥640,000 million, up 1.4% year-over-year.

• Operating profit is projected at ¥68,000 million (down 8.9%), and profit attributable to owners of parent at ¥50,000 million (down 2.6%).

• Annual dividend forecast is ¥65.00 per share, up from ¥60.00 in the previous year.