Central Japan Railway Company (9022) investor relations material

Executive summary

• Operating revenues rose 3.0% year-over-year to ¥492.7 billion for the quarter ended June 30, 2026, driven by increased business and tourist travel, despite the absence of the previous year's Osaka-Kansai Expo boost.

• Net income attributable to owners of the parent decreased 1.8% year-over-year to ¥142.7 billion.

• Group companies contributed to higher overall operating revenues, but operating and net income declined due to increased labor costs.

• Comprehensive income declined 6.1% year-over-year to ¥150.2 billion.

• Full-year forecasts remain unchanged amid a challenging environment of rising prices.

Financial highlights

• Consolidated operating revenues rose to ¥492.7B, up 3.0% year-over-year.

• Operating income decreased by 0.9% to ¥219.2B compared to the same quarter last year.

• Net income attributable to owners of the parent fell 1.8% to ¥142.7B year-over-year.

• Ordinary income increased slightly to ¥208.5B from ¥207.5B year-over-year.

• Net income per share (basic) was ¥149.59, up from ¥147.88 year-over-year.

Outlook and guidance

• Fiscal 2027 full-year operating revenues are forecast at ¥1,993.0B, up 0.7% from the previous year.

• Operating income is projected at ¥702.0B (down 15.4%), ordinary income at ¥653.0B (down 16.4%), and net income attributable to owners at ¥447.0B (down 19.1%).

• No revisions to the previous consolidated forecast for Fiscal 2027.

• Management prioritizes safety and aims to expand revenue and reform business operations.