Tobu Railway (9001) Q3 2025 earnings summary

Executive summary

• Operating revenue for the nine months ended December 31, 2024, was ¥458.5 billion, down 1.8% year-over-year.

• Operating profit decreased 1.3% to ¥60.6 billion compared to the same period last year.

• Profit attributable to owners of parent rose 2.2% year-over-year to ¥41.8 billion.

• Comprehensive income declined 12.9% year-over-year to ¥44.1 billion.

Financial highlights

• Ordinary profit for the nine months was ¥58.9 billion, down 2.3% year-over-year.

• Basic earnings per share for the period was ¥205.18, up from ¥197.92 a year earlier.

• Total assets increased to ¥1,756.7 billion as of December 31, 2024, from ¥1,704.1 billion at March 31, 2024.

• Net assets rose to ¥556.4 billion, with an equity ratio of 31.3%.

Outlook and guidance

• Full-year operating revenue forecast is ¥639.0 billion, a 0.5% increase year-over-year.

• Operating profit is projected at ¥68.0 billion (down 8.0%), and profit attributable to owners of parent at ¥48.5 billion (up 0.7%).

• Year-end dividend forecast is ¥27.50 per share, totaling ¥55.00 for the year.