West Japan Railway Past Earnings Performance

Past criteria checks 4/6

West Japan Railway has been growing earnings at an average annual rate of 27.2%, while the Transportation industry saw earnings growing at 31.4% annually. Revenues have been growing at an average rate of 5.5% per year. West Japan Railway's return on equity is 8.6%, and it has net margins of 6%.

Key information

27.2%

Earnings growth rate

24.2%

EPS growth rate

Transportation Industry Growth	-9.5%
Revenue growth rate	5.5%
Return on equity	8.6%
Net Margin	6.0%
Next Earnings Update	31 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How West Japan Railway makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:WEJ0 Revenue, expenses and earnings (JPY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	1,676,507	101,329	210,695
30 Jun 24	1,668,533	103,720	222,170
31 Mar 24	1,635,023	98,761	195,542
31 Dec 23	1,615,008	111,044	188,662
30 Sep 23	1,548,728	91,154	179,198
30 Jun 23	1,467,657	63,969	171,857
31 Mar 23	1,395,531	88,528	164,308
31 Dec 22	1,275,958	28,195	151,632
30 Sep 22	1,210,974	19,953	146,616
30 Jun 22	1,126,279	-23,241	143,352
31 Mar 22	1,031,103	-113,198	142,319
31 Dec 21	983,118	-125,393	141,866
30 Sep 21	945,035	-173,733	145,499
30 Jun 21	936,763	-188,588	144,372
31 Mar 21	898,172	-233,214	147,380
31 Dec 20	1,001,546	-189,575	159,836
30 Sep 20	1,136,137	-119,218	171,431
30 Jun 20	1,305,806	-29,841	186,235
31 Mar 20	1,508,201	89,380	195,766
31 Dec 19	1,551,908	122,078	197,335
30 Sep 19	1,554,354	126,750	192,588
30 Jun 19	1,533,964	106,713	189,136
31 Mar 19	1,529,308	102,750	185,356
31 Dec 18	1,518,186	99,810	182,404
30 Sep 18	1,510,325	99,132	180,474
30 Jun 18	1,509,035	114,300	178,506
31 Mar 18	1,500,445	110,493	177,741
31 Dec 17	1,486,749	107,210	178,517
30 Sep 17	1,468,148	102,015	177,375
30 Jun 17	1,455,789	98,460	176,135
31 Mar 17	1,441,411	91,288	175,141
31 Dec 16	1,441,492	80,608	174,586
30 Sep 16	1,442,257	76,944	173,383
30 Jun 16	1,448,066	83,743	171,298
31 Mar 16	1,451,300	85,868	168,739
31 Dec 15	1,429,323	84,838	165,580
30 Sep 15	1,408,196	78,330	164,614
30 Jun 15	1,376,502	68,223	166,002
31 Mar 15	1,350,336	66,712	166,575
31 Dec 14	1,341,918	84,534	170,024
30 Sep 14	1,340,377	83,201	169,782
30 Jun 14	1,335,365	75,234	167,815
31 Mar 14	1,331,019	65,640	165,531
31 Dec 13	1,313,833	62,637	159,498

Quality Earnings: WEJ0 has high quality earnings.

Growing Profit Margin: WEJ0's current net profit margins (6%) are higher than last year (5.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WEJ0's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: WEJ0's earnings growth over the past year (11.2%) is below its 5-year average (27.2% per year).

Earnings vs Industry: WEJ0 earnings growth over the past year (11.2%) exceeded the Transportation industry -15.8%.

Return on Equity

High ROE: WEJ0's Return on Equity (8.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 08:44
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

West Japan Railway Company is covered by 35 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Takayuki Hayano	Barclays
Yasuharu Sugimura	BNP Paribas Securities (Asia)
Nathan Gee	BofA Global Research