Tobu Railway (9001) Q2 2026 earnings summary

Executive summary

• Operating revenue for the six months ended September 30, 2025, rose 2.9% year-over-year to ¥310,753 million.

• Operating profit decreased 7.5% year-over-year to ¥35,584 million.

• Profit attributable to owners of parent declined 5.2% year-over-year to ¥24,022 million.

• Comprehensive income surged 72.6% year-over-year to ¥39,180 million, driven by gains in other comprehensive income.

Financial highlights

• Ordinary profit fell 9.8% year-over-year to ¥33,726 million.

• Basic earnings per share for the period was ¥121.68, slightly down from ¥123.18 a year earlier.

• Total assets increased to ¥1,783,498 million as of September 30, 2025, up from ¥1,753,200 million at March 31, 2025.

• Net assets rose to ¥583,431 million, with an equity ratio of 32.4%.

Outlook and guidance

• Full-year operating revenue is forecast at ¥650,000 million, up 2.9% year-over-year.

• Operating profit is projected to decrease 7.5% to ¥69,000 million.

• Profit attributable to owners of parent is expected to be ¥51,500 million, nearly flat year-over-year.

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