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West Japan Railway Company Reports Revenue Growth and Dividend Increase

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West Japan Railway Company Reports Revenue Growth and Dividend Increase

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The latest announcement is out from West Japan Railway Company ( (JP:9021) ).

West Japan Railway Company reported significant revenue and income growth driven by city development projects and the Osaka–Kansai Expo. Despite increased costs from previous fiscal year projects, the company achieved its first income increase in two years and revised its earnings forecast upwards. The mobility and retail segments benefited from rising demand, while the real estate segment saw growth due to strong performance in hotels and shopping centers. The company completed a ¥50 billion treasury stock buyback and increased its annual dividend, reflecting confidence in its financial outlook.

The most recent analyst rating on (JP:9021) stock is a Hold with a Yen3422.00 price target. To see the full list of analyst forecasts on West Japan Railway Company stock, see the JP:9021 Stock Forecast page.

More about West Japan Railway Company

West Japan Railway Company operates in the transportation industry, primarily focusing on railway services. The company is involved in city development projects and has a market focus on enhancing mobility and retail segments, as well as real estate development.

Average Trading Volume: 1,791,463

Technical Sentiment Signal: Buy

Current Market Cap: Yen1439.6B

For an in-depth examination of 9021 stock, go to TipRanks’ Overview page.

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