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West Japan Railway Company
(OTC:9021)
West Japan Railway Company (9021) vs. S&P 500 (SPY)
West Japan Railway Company Business Overview & Revenue Model
West Japan Railway Company Financial Statement Overview
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.64T | 1.40T | 1.03T | 898.17B | 1.51T | Gross Profit |
| 395.45B | 268.70B | 43.25B | -77.42B | 378.06B | EBIT |
| 179.75B | 83.97B | -119.09B | -245.54B | 160.63B | EBITDA |
| 328.60B | 245.33B | 77.94B | -79.59B | 331.77B | Net Income Common Stockholders |
| 98.76B | 88.53B | -113.20B | -233.21B | 89.38B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 233.47B | 290.17B | 319.92B | 210.31B | 78.66B | Total Assets |
| 3.78T | 3.74T | 3.70T | 3.48T | 3.28T | Total Debt |
| 1.48T | 1.57T | 1.64T | 1.48T | 1.00T | Net Debt |
| 1.24T | 1.28T | 1.32T | 1.27T | 922.43B | Total Liabilities |
| 2.55T | 2.59T | 2.63T | 2.52T | 2.05T | Stockholders Equity |
| 1.11T | 1.03T | 968.94B | 852.91B | 1.12T |
| Cash Flow | Free Cash Flow | |||
| 68.96B | 27.95B | -326.95B | -345.34B | -25.00B | Operating Cash Flow |
| 318.31B | 273.96B | -86.47B | -103.30B | 240.15B | Investing Cash Flow |
| -243.65B | -214.90B | -188.71B | -211.69B | -268.66B | Financing Cash Flow |
| -131.62B | -88.77B | 384.69B | 446.75B | -29.17B |
West Japan Railway Company Technical Analysis
West Japan Railway Company Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $535.46B | 10.58 | 9.22% | 2.14% | -0.71% | 8.85% | |
74 Outperform | ¥572.87B | 6.07 | 21.33% | 1.89% | 9.04% | 57.29% | |
72 Outperform | ¥3.68T | 16.17 | 7.93% | 1.76% | 5.77% | 14.05% | |
70 Outperform | ¥446.89B | 11.17 | 10.52% | 2.45% | 15.47% | 67.47% | |
65 Neutral | $1.45T | 14.14 | 8.95% | ― | 4.46% | 18.61% | |
64 Neutral | $4.27B | 11.81 | 5.31% | 249.66% | 4.08% | -8.61% | |
63 Neutral | ¥1.07T | 12.87 | 10.20% | 1.23% | 10.61% | 60.71% |
West Japan Railway Company Corporate Events
West Japan Railway Company announced its decision to acquire and subsequently cancel up to 20 million of its own shares, aiming to enhance shareholder returns and improve capital efficiency. This strategic move, involving an acquisition budget of up to ¥50 billion, is set to occur between May and September 2025, with the cancellation planned for the end of September, potentially impacting the company’s stock value and market perception.
West Japan Railway Company announced a resolution to distribute capital surplus, with a planned year-end dividend of ¥47.50 per share for the fiscal year ended March 31, 2025. This decision aligns with the company’s medium-term management plan to maintain a payout ratio of at least 35%, reflecting an increase from the previously forecasted dividend, and underscores its commitment to delivering stable shareholder returns.
West Japan Railway Company reported an increase in revenue and income for the fiscal year ended March 31, 2025, driven by the extension of the Hokuriku Shinkansen to Tsuruga and a rise in inbound demand. The company forecasts continued growth in FY2026.3, with plans to exceed its operating income target due to the Osaka Kansai Expo and other strategic projects. Shareholder returns are set to increase with higher dividends and a share buyback program.
West Japan Railway Company reported its FY2025.3 consolidated financial results, showing a 4.5% increase in operating revenues to ¥1,707,944 million and a 15.4% rise in income attributable to owners of the parent. Despite a slight decrease in recurring income, the company maintained a stable financial position with a slight improvement in equity ratio. The company also completed a 2-for-1 stock split, impacting per-share calculations. The dividend per share for FY2025.3 was reduced compared to the previous year, reflecting a cautious approach in shareholder returns. The company forecasts continued growth in operating revenues and income for FY2026.3, indicating a positive outlook for the upcoming fiscal year.
West Japan Railway Company announced a change in leadership, with Shoji Kurasaka set to replace Kazuaki Hasegawa as President. This leadership transition aims to strengthen the company’s management structure and support the implementation of its medium-term management plans, ensuring sustainable growth and increased corporate value.
West Japan Railway Company has outlined its corporate governance strategy, emphasizing safety, corporate social responsibility, and sustainable development. The company aims to improve transparency, soundness, and efficiency in its operations, striving for long-term growth and strengthening relationships with stakeholders, including shareholders and business partners.
The JR-West Group Integrated Report 2024 outlines the company’s strategic initiatives aimed at value creation and future growth. The report highlights key strategies such as improving railway safety, revitalizing core businesses, and expanding digital and real estate services. Additionally, the company emphasizes its commitment to sustainability, community coexistence, and capturing inbound tourism demand, which are crucial for its long-term vision and stakeholder engagement.