Tokyo Metro Co Ltd (9023) Price & Analysis

9023 Stock Chart & Stats

¥1,445.50¥29.00(2.05%)

At close: Oct 30 4:00 PM EDT

Day’s Range: JPY 1,420.00 - JPY 1,445.50
52-Week Range: JPY 1,315.50 - JPY 1,735.00
Previous Close: JPY 1,416.50
Volume: 3.50M
Average Volume (3M): 1.70M
Market Cap: JPY 839.84B
Enterprise Value: JPY 1.69T
Total Cash (Recent Filing): JPY 252.91B
Total Debt (Recent Filing): JPY 1.10T
Price to Earnings (P/E): 15.7
Beta: 0.11
Next Earnings: Feb 11, 2027
EPS Estimate: 27.73
Next Dividend Ex-Date: Mar 30, 2027
Dividend Yield: 2.97%

Bulls Say, Bears Say

Bulls Say

Consistent Operating Cash Flow

Sustained strong operating cash flow provides durable internal funding for operations, maintenance and reinvestment in infrastructure. Over the next 2–6 months this reduces reliance on external financing for routine capex, supports service reliability and underpins dividend and station-commercial projects.

Improved Profitability And Margins

Material margin recovery reflects operating leverage and cost control as ridership normalizes. Higher margins strengthen cash generation capacity, making earnings more resilient to cyclical dips and enabling sustained investment in service quality and commercial development around stations.

Asset-Heavy Balance Sheet With Rising Equity

A large asset base—including station real estate—and rising equity provide collateral and strategic optionality for redevelopment and commercial leasing. This durable asset backing supports long-term financing access and monetization of station-area value beyond fare revenue.

Bears Say

High Leverage

Material leverage increases sensitivity to interest-rate moves and refinancing cycles, constraining capital flexibility. For a capital-intensive transit operator, high debt limits ability to fund large projects or absorb shocks without issuing more debt or cutting discretionary spending.

Volatile Free Cash Flow

Wide FCF swings complicate multi-year planning, creating periodic reliance on external funding or asset monetization. Volatility likely reflects capex phasing and working-capital shifts, which can produce uneven capacity to sustain dividends, accelerate projects, or weather demand slowdowns.

Modest Revenue Growth In Mature Market

Low single-digit revenue growth signals limited organic upside in a saturated urban transit market. Ridership and station-commerce growth are constrained by demographics, remote-work patterns and physical station capacity, making secular expansion slower without material network or service changes.

Tokyo Metro Co Ltd News

Tokyo Metro Posts Higher Revenue but Lower Profits, Keeps Dividend Growth on Track

An update from Tokyo Metro Co Ltd ( ($JP:9023) ) is now available. Tokyo Metro reported consolidated operating revenue of ¥217.3 billion for the six months to September 30, 2026,

2d ago9023

Tokyo Metro Updates Reporting Structure in FY2027/3 Q1 Results

An announcement from Tokyo Metro Co Ltd ( ($JP:9023) ) is now available. Tokyo Metro Co. Ltd. released presentation materials for its FY2027/3 first quarter financial results dated July 31,

3M ago9023

Tokyo Metro Sees Profit Slump Despite Higher Revenue, Raises Dividend Outlook

The latest announcement is out from Tokyo Metro Co Ltd ( ($JP:9023) ). Tokyo Metro reported consolidated operating revenue of ¥109.0 billion for the three months ended June 30, 2026,

3M ago9023

Tokyo Metro Releases FY2026 Results and Updates Segment Reporting

The latest update is out from Tokyo Metro Co Ltd ( ($JP:9023) ). Tokyo Metro Co., Ltd. has released its presentation materials for the fiscal year ended March 31, 2026,

6M ago9023

Tokyo Metro Lifts Dividend as FY2026 Profit Climbs, Warns of Earnings Dip in FY2027

Tokyo Metro Co Ltd ( ($JP:9023) ) has provided an update. Tokyo Metro reported consolidated operating revenue of ¥422.4 billion for the fiscal year ended March 31, 2026, up 3.6%

6M ago9023

Tokyo Metro Releases FY2026 Third-Quarter Financial Presentation and Updated Segment Data

Tokyo Metro Co Ltd ( ($JP:9023) ) has provided an announcement. Tokyo Metro Co., Ltd. released its presentation materials for the third-quarter financial results for the fiscal year ending March

9M ago9023

Tokyo Metro Lifts Nine-Month Profit and Confirms Guidance as Dividend Rises

Tokyo Metro Co Ltd ( ($JP:9023) ) has shared an announcement. Tokyo Metro reported a 3.5% year-on-year increase in operating revenue to ¥316.8 billion for the nine months ended December

9M ago9023

Tokyo Metro Co., Ltd. Releases FY2026/3 First Half Financial Results

An announcement from Tokyo Metro Co Ltd ( ($JP:9023) ) is now available. Tokyo Metro Co., Ltd. has released its financial results for the first half of FY2026/3, covering the

1y ago9023

Tokyo Metro Reports Increased Revenue and Profitability for H1 2025

An update from Tokyo Metro Co Ltd ( ($JP:9023) ) is now available. Tokyo Metro Co., Ltd. reported its consolidated financial results for the six months ending September 30, 2025,

1y ago9023

Tokyo Metro Director Resigns Amid Misconduct Investigation

Tokyo Metro Co Ltd ( ($JP:9023) ) has provided an announcement. Tokyo Metro Co., Ltd. announced the resignation of Director Akiyoshi Yamamura following an internal investigation that confirmed inappropriate behavior

1y ago9023

9023 FAQ

What was Tokyo Metro Co Ltd’s price range in the past 12 months?

Tokyo Metro Co Ltd lowest stock price was ¥1315.50 and its highest was ¥1735.00 in the past 12 months.

What is Tokyo Metro Co Ltd’s market cap?

Tokyo Metro Co Ltd’s market cap is ¥839.84B.

When is Tokyo Metro Co Ltd’s upcoming earnings report date?

Tokyo Metro Co Ltd’s upcoming earnings report date is Feb 11, 2027 which is in 102 days.

How were Tokyo Metro Co Ltd’s earnings last quarter?

Tokyo Metro Co Ltd released its earnings results on Oct 30, 2026. The company reported ¥21.39 earnings per share for the quarter, beating the consensus estimate of ¥17.95 by ¥3.44.

Is Tokyo Metro Co Ltd overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Tokyo Metro Co Ltd pay dividends?

Tokyo Metro Co Ltd pays a ― dividend of ¥22 which represents an annual dividend yield of 2.97%. See more information on Tokyo Metro Co Ltd dividends here

What is Tokyo Metro Co Ltd’s EPS estimate?

Tokyo Metro Co Ltd’s EPS estimate is 27.73.

How many shares outstanding does Tokyo Metro Co Ltd have?

Tokyo Metro Co Ltd has 581,000,000 shares outstanding.

What happened to Tokyo Metro Co Ltd’s price movement after its last earnings report?

Tokyo Metro Co Ltd reported an EPS of ¥21.39 in its last earnings report, beating expectations of ¥17.95. Following the earnings report the stock price went up 2.047%.

Which hedge fund is a major shareholder of Tokyo Metro Co Ltd?

Currently, no hedge funds are holding shares in JP:9023

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description