Announcement • 14h
East Japan Railway Company to Report Q1, 2027 Results on Jul 31, 2026 East Japan Railway Company announced that they will report Q1, 2027 results on Jul 31, 2026 Announcement • Apr 30
East Japan Railway Company, Annual General Meeting, Jun 19, 2026 East Japan Railway Company, Annual General Meeting, Jun 19, 2026. Announcement • Apr 21
East Japan Railway Company to Report Fiscal Year 2026 Results on Apr 30, 2026 East Japan Railway Company announced that they will report fiscal year 2026 results on Apr 30, 2026 Announcement • Dec 02
East Japan Railway Company to Report Q3, 2026 Results on Feb 02, 2026 East Japan Railway Company announced that they will report Q3, 2026 results on Feb 02, 2026 Announcement • Sep 02
East Japan Railway Company to Report Q2, 2026 Results on Oct 30, 2025 East Japan Railway Company announced that they will report Q2, 2026 results on Oct 30, 2025 Announcement • Jul 31
East Japan Railway Company (TSE:9020) announces an Equity Buyback for 2,404,700 shares, representing 0.21% for ¥7,738.32 million. East Japan Railway Company (TSE:9020) announces a share repurchase program. Under the program, the company will repurchase up to 2,404,700 shares, representing 0.21% of its issued share capital for total worth of ¥6,967.87 million. The program is to allocate shares necessary for the employee stock compensation plan, as well as to enable the implementation of a flexible and agile capital policy. As of June 30, 2025, the company had 1,134,333,634 shares in issue and 78,566 shares in treasury. Announcement • Jun 12
Bain, KKR Reportedly to Be Second-Round Bidders for Sapporo Unit Bain Capital, LP, KKR & Co. Inc. (NYSE:KKR) and Lone Star (Lone Star Americas Acquisitions, Inc.) are among investment firms that have advanced to the second round of bidding for the real estate unit of Sapporo Holdings Limited (TSE:2501), according to people familiar with the matter. Bidding will end in August and the sale price is expected to exceed ¥400 billion ($2.8 billion), said the people, who asked not to be identified discussing non-public information. The aim is to reach an agreement by the end of this year, they said. Sapporo Real Estate Co. (Sapporo Real Estate Development Co., Ltd.) owns and operates Yebisu Garden Place, one of Tokyo’s biggest mixed-use developments, housing the Michelin three-star French restaurant Joel Robuchon, Westin Hotel, a Yebisu beer brewery as well as stores and condominiums. Sapporo Holdings, a maker of beverages including beer and whiskey, plans to use the proceeds from the sale to invest in future growth initiatives, the people said. Sapporo Holdings shares advanced 4.8% on June 11, 2025 after the Bloomberg report, the sharpest gain in two months. Japanese companies are facing increased pressure from activist shareholders to sell off businesses that aren’t profitable or aren’t related to their main operations. One of those investment firms, 3D Investment Partners, has said that Sapporo Real Estate should be spun off, because its business is being used to cover up the poor performance of the core beverage operations. Bain is collaborating with East Japan Railway Company (TSE:9020) and Tokyu Corporation (TSE:9005) in its bid, the people said. The Bain camp’s proposal is expected to take into account Yebisu Garden Place’s connection to JR Ebisu station via a moving walkway, and its proximity to Shibuya station, which is served by both JR and Tokyu lines, they said. Representatives for Bain Capital, KKR and Sapporo declined to comment. Spokespeople for Tokyu and Lone Star weren’t immediately available to comment. A JR East spokesperson said that the company isn’t participating in the bidding, and isn’t collaborating with Bain Capital. More than 10 companies submitted bids in the first round held in December 2024, the people said. Announcement • Jun 03
East Japan Railway Company to Report Q1, 2026 Results on Jul 31, 2025 East Japan Railway Company announced that they will report Q1, 2026 results on Jul 31, 2025 Announcement • Apr 30
East Japan Railway Company, Annual General Meeting, Jun 20, 2025 East Japan Railway Company, Annual General Meeting, Jun 20, 2025. Announcement • Mar 04
East Japan Railway Company to Report Fiscal Year 2025 Results on Apr 30, 2025 East Japan Railway Company announced that they will report fiscal year 2025 results on Apr 30, 2025 Announcement • Feb 21
East Japan Railway Company (TSE:9020) announces an Equity Buyback for 2,470,000 shares, for ¥6,967.87 million. East Japan Railway Company (TSE:9020) announces a share repurchase program. Under the program, the company will repurchase up to 2,470,000 shares, representing 0.22% of its issued share capital for total worth of ¥6,967.87 million. The program is necessary for the share exchange with Lumine Inc. and JR East Retail Development Co., Ltd., becoming wholly-owned subsidiaries. The program will expire on February 20, 2025. As of March 31, 2019, the company had 1,134,316,817 shares in issue and 95,383 shares in treasury. Announcement • Dec 03
East Japan Railway Company to Report Q3, 2025 Results on Feb 03, 2025 East Japan Railway Company announced that they will report Q3, 2025 results on Feb 03, 2025 Reported Earnings • Nov 01
Second quarter 2025 earnings released: EPS: JP¥58.76 (vs JP¥63.96 in 2Q 2024) Second quarter 2025 results: EPS: JP¥58.76 (down from JP¥63.96 in 2Q 2024). Revenue: JP¥708.4b (up 5.7% from 2Q 2024). Net income: JP¥66.5b (down 8.0% from 2Q 2024). Profit margin: 9.4% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥26.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Announcement • Sep 05
East Japan Railway Company to Report Q2, 2025 Results on Oct 31, 2024 East Japan Railway Company announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Aug 02
First quarter 2025 earnings released: EPS: JP¥64.79 (vs JP¥39.66 in 1Q 2024) First quarter 2025 results: EPS: JP¥64.79 (up from JP¥39.66 in 1Q 2024). Revenue: JP¥686.7b (up 9.1% from 1Q 2024). Net income: JP¥73.3b (up 64% from 1Q 2024). Profit margin: 11% (up from 7.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Declared Dividend • Jul 11
Final dividend of JP¥26.00 announced Shareholders will receive a dividend of JP¥26.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 177%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 25
Full year 2024 earnings released: EPS: JP¥521 (vs JP¥87.79 in FY 2023) Full year 2024 results: EPS: JP¥521 (up from JP¥87.79 in FY 2023). Revenue: JP¥2.73t (up 14% from FY 2023). Net income: JP¥196.4b (up 98% from FY 2023). Profit margin: 7.2% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jun 06
East Japan Railway Company to Report Q1, 2025 Results on Jul 31, 2024 East Japan Railway Company announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 01
Full year 2024 earnings released: EPS: JP¥521 (vs JP¥87.79 in FY 2023) Full year 2024 results: EPS: JP¥521 (up from JP¥87.79 in FY 2023). Revenue: JP¥2.73t (up 14% from FY 2023). Net income: JP¥196.4b (up 98% from FY 2023). Profit margin: 7.2% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 01
East Japan Railway Company, Annual General Meeting, Jun 20, 2024 East Japan Railway Company, Annual General Meeting, Jun 20, 2024. New Risk • Mar 27
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 121% Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (121% cash payout ratio). Upcoming Dividend • Mar 21
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 24 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.6%). Announcement • Mar 03
East Japan Railway Company to Report Fiscal Year 2024 Results on Apr 30, 2024 East Japan Railway Company announced that they will report fiscal year 2024 results on Apr 30, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥181 (vs JP¥121 in 3Q 2023) Third quarter 2024 results: EPS: JP¥181 (up from JP¥121 in 3Q 2023). Revenue: JP¥701.2b (up 15% from 3Q 2023). Net income: JP¥68.2b (up 50% from 3Q 2023). Profit margin: 9.7% (up from 7.4% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jan 17
East Japan Railway Company Announces CEO Changes, Effective April 1, 2024 East Japan Railway Company announced at its meeting held on January 17, 2024, the board of directors of the company adopted a resolution to appoint executives (As of April 1, 2024): Yuji Fukasawa, President and CEO (Representative Director) as Chairman (Director); Yoichi Kise, Executive Vice President (Representative Director) as President and CEO (Representative Director). Yoichi Kise: Date of birth: August 26, 1964 (Age: 59); Brief personal record: April 1989 Entered the Company; June 2015 Executive Officer; June 2018 Executive Director; June 2021 Executive Vice President (Representative Director). Announcement • Dec 02
East Japan Railway Company to Report Q3, 2024 Results on Jan 31, 2024 East Japan Railway Company announced that they will report Q3, 2024 results on Jan 31, 2024 Announcement • Nov 02
East Japan Railway Company Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 1, 2023; Provides Dividend Guidance for the Full Year of Fiscal Year Ending March 31, 2024 East Japan Railway Company announced dividend for the second quarter ended September 30, 2023 of JPY 55.00 per share against JPY 50.00 per share paid a year ago. The scheduled date of dividend payment commencement December 1, 2023. For the full year, the company expects to pay dividend of JPY 55.00 per share. Reported Earnings • Oct 31
Second quarter 2024 earnings released: EPS: JP¥155 (vs JP¥21.70 in 2Q 2023) Second quarter 2024 results: EPS: JP¥155 (up from JP¥21.70 in 2Q 2023). Revenue: JP¥649.9b (up 17% from 2Q 2023). Net income: JP¥58.5b (up JP¥50.4b from 2Q 2023). Profit margin: 9.0% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥55.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Announcement • Sep 02
East Japan Railway Company to Report Q2, 2024 Results on Oct 31, 2023 East Japan Railway Company announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥119 (vs JP¥50.16 in 1Q 2023) First quarter 2024 results: EPS: JP¥119 (up from JP¥50.16 in 1Q 2023). Revenue: JP¥629.5b (up 13% from 1Q 2023). Net income: JP¥44.8b (up 137% from 1Q 2023). Profit margin: 7.1% (up from 3.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 28
Full year 2023 earnings released: EPS: JP¥263 (vs JP¥252 loss in FY 2022) Full year 2023 results: EPS: JP¥263 (up from JP¥252 loss in FY 2022). Revenue: JP¥2.41t (up 22% from FY 2022). Net income: JP¥99.2b (up JP¥194.2b from FY 2022). Profit margin: 4.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jun 03
East Japan Railway Company to Report Q1, 2024 Results on Jul 28, 2023 East Japan Railway Company announced that they will report Q1, 2024 results on Jul 28, 2023 Announcement • May 17
East Japan Railway Company (TSE:9020) agreed to acquire 5.55% stake in Toyo Denki Seizo K.K. (TSE:6505). East Japan Railway Company (TSE:9020) agreed to acquire 5.55% stake in Toyo Denki Seizo K.K. (TSE:6505) on May 15, 2023. The consideration will be satisfied with East Japan treasury stock. Transaction is expected to close on May 31, 2023. Announcement • May 12
East Japan Railway Company (TSE:9020) agreed to acquire Gates Pcm Construction Ltd. East Japan Railway Company (TSE:9020) agreed to acquire Gates Pcm Construction Ltd. on May 11, 2023. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥263 (vs JP¥252 loss in FY 2022) Full year 2023 results: EPS: JP¥263 (up from JP¥252 loss in FY 2022). Revenue: JP¥2.41t (up 22% from FY 2022). Net income: JP¥99.2b (up JP¥194.2b from FY 2022). Profit margin: 4.1% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share at 1.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Reported Earnings • Feb 01
Third quarter 2023 earnings released: EPS: JP¥121 (vs JP¥163 in 3Q 2022) Third quarter 2023 results: EPS: JP¥121 (down from JP¥163 in 3Q 2022). Revenue: JP¥612.0b (up 1.2% from 3Q 2022). Net income: JP¥45.5b (down 26% from 3Q 2022). Profit margin: 7.4% (down from 10% in 3Q 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year. Announcement • Dec 04
East Japan Railway Company to Report Q3, 2023 Results on Jan 31, 2023 East Japan Railway Company announced that they will report Q3, 2023 results on Jan 31, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Executive Director & Deputy Director General of Technology Innovation Headquarters Atsushi Ouchi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥21.70 (vs JP¥181 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥21.70 (up from JP¥181 loss in 2Q 2022). Revenue: JP¥557.5b (up 25% from 2Q 2022). Net income: JP¥8.18b (up JP¥76.4b from 2Q 2022). Profit margin: 1.5% (up from net loss in 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 22 November 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.4%). Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: JP¥50.16 (vs JP¥204 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥50.16 (up from JP¥204 loss in 1Q 2022). Revenue: JP¥557.6b (up 29% from 1Q 2022). Net income: JP¥18.9b (up JP¥95.9b from 1Q 2022). Profit margin: 3.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 19%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 26
Full year 2022 earnings released: JP¥252 loss per share (vs JP¥1,532 loss in FY 2021) Full year 2022 results: JP¥252 loss per share (up from JP¥1,532 loss in FY 2021). Revenue: JP¥1.98t (up 12% from FY 2021). Net loss: JP¥94.9b (loss narrowed 84% from FY 2021). Over the next year, revenue is forecast to grow 24%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
Full year 2022 earnings released: JP¥252 loss per share (vs JP¥1,532 loss in FY 2021) Full year 2022 results: JP¥252 loss per share (up from JP¥1,532 loss in FY 2021). Revenue: JP¥1.98t (up 12% from FY 2021). Net loss: JP¥94.9b (loss narrowed 84% from FY 2021). Over the next year, revenue is forecast to grow 26%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Executive Director & Deputy Director General of Technology Innovation Headquarters Atsushi Ouchi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 23 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.0%). Announcement • Mar 01
East Japan Railway Company to Report Fiscal Year 2022 Results on Apr 27, 2022 East Japan Railway Company announced that they will report fiscal year 2022 results on Apr 27, 2022 Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥163 (up from JP¥80.08 loss in 3Q 2021). Revenue: JP¥605.0b (up 17% from 3Q 2021). Net income: JP¥61.5b (up JP¥91.7b from 3Q 2021). Profit margin: 10% (up from net loss in 3Q 2021). Revenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 26%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 29
Second quarter 2022 earnings released: JP¥181 loss per share (vs JP¥289 loss in 2Q 2021) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2022 results: Revenue: JP¥444.4b (down 2.2% from 2Q 2021). Net loss: JP¥68.3b (loss narrowed 37% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 20 November 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 01
First quarter 2022 earnings released: JP¥204 loss per share (vs JP¥412 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥433.4b (up 30% from 1Q 2021). Net loss: JP¥77.0b (loss narrowed 51% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 25
Full year 2021 earnings released: JP¥1,532 loss per share (vs JP¥525 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥1.76t (down 40% from FY 2020). Net loss: JP¥577.9b (down 391% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
Full year 2021 earnings released: JP¥1,532 loss per share (vs JP¥525 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥1.76t (down 40% from FY 2020). Net loss: JP¥577.9b (down 391% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 02
Executive VP & Representative Director has left the company On the 31st of March, Fumihisa Nishino's tenure as Executive VP & Representative Director ended after 2.8 years in the role. As of December 2020, Fumihisa personally held only 42.00 shares (€2.3k worth at the time). Fumihisa is the only executive to leave the company over the last 12 months. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 24 June 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (6.0%). Announcement • Mar 04
East Japan Railway Company to Report Fiscal Year 2021 Results on Apr 28, 2021 East Japan Railway Company announced that they will report fiscal year 2021 results on Apr 28, 2021 Announcement • Feb 18
East Japan Railway Company Appoints Fumihisa Nishino as President and Representative Director At its meeting held on February 17, 2021, the Board of Directors of East Japan Railway Company adopted a resolution with respect to a change in a Representative Director. The company appointed Fumihisa Nishino as President and Representative Director of JR East Cross Station Co. Ltd. Scheduled date of retirement: March 31, 2021. Is New 90 Day High Low • Feb 13
New 90-day high: €62.35 The company is up 27% from its price of €49.00 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.09 per share. Reported Earnings • Feb 02
Third quarter 2021 earnings released: JP¥80.08 loss per share (vs JP¥167 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥519.0b (down 31% from 3Q 2020). Net loss: JP¥30.2b (down 148% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 02
Revenue misses expectations Revenue missed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 21% compared to a 6.6% decline forecast for the Transportation industry in Germany. Announcement • Jan 31
East Japan Railway Company Provides Year End Dividend Guidance for the Full Year Ending March 31, 2021 East Japan Railway Company provided year end dividend guidance for the full year ending March 31, 2021. For the period, the company expected dividend of JPY 50 per share compared to JPY 82.50 per share a year ago. Is New 90 Day High Low • Jan 26
New 90-day high: €55.90 The company is up 22% from its price of €45.80 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Transportation industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.13 per share. Announcement • Dec 03
East Japan Railway Company to Report Q3, 2021 Results on Jan 29, 2021 East Japan Railway Company announced that they will report Q3, 2021 results on Jan 29, 2021 Reported Earnings • Nov 13
Second quarter 2021 earnings released: JP¥289 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥454.4b (down 42% from 2Q 2020). Net loss: JP¥109.0b (down 212% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue misses expectations Revenue missed analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 3.6% compared to a 8.5% decline forecast for the Transportation industry in Germany. Reported Earnings • Oct 30
First half earnings released Over the last 12 months the company has reported total losses of JP¥254.5b, with earnings decreasing by JP¥559.0b from the prior year. Total revenue was JP¥2.22t over the last 12 months, down 27% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Semi-annual earnings released: Revenue misses expectations Semi-annual revenue missed analyst estimates by 0.5% at JP¥787.3b. Revenue is forecast to grow 3.6% over the next year, compared to a 8.4% decline forecast for the Transportation industry in Germany. Is New 90 Day High Low • Oct 21
New 90-day low: €47.00 The company is down 16% from its price of €56.00 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Transportation industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.91 per share. Announcement • Sep 03
East Japan Railway Company to Report Q2, 2021 Results on Oct 28, 2020 East Japan Railway Company announced that they will report Q2, 2021 results on Oct 28, 2020 
